ADVANCE
Advance Agrolife financials
- Market cap
- ₹756 Cr
- Sector
- Chemicals
What Advance Agrolife Limited does
Advance Agrolife Limited (AAL) is a research-driven agrochemical manufacturer with a 20-year legacy in crop protection, operating as a pure-play B2B manufacturing partner for corporate customers such as DCM Shriram, IFFCO, Coromandel, NFL, Zuari and Mankind Agritech rather than selling under its own retail brand. It makes insecticides, herbicides, fungicides, plant growth regulators (PGRs), seed-treatment products and bio-fertilizers, with a specialised Sulphur-based formulation line, across integrated manufacturing units in Jaipur, Rajasthan. The company is executing a structural pivot from a formulator (buying technical-grade active ingredients externally) to an integrated technical manufacturer, backward-integrating production to capture the value previously ceded to suppliers.
Segments
- Herbicides & Insecticides
- Fungicides
- Seed Treatment, Micro-nutrients & Bio-fertilizers
- Technical intermediates
- Installed manufacturing capacity
- 89,900 MTPA across three integrated units
- Manufacturing units
- 3 integrated facilities (Technical + Formulation) in Bagru and Dahami Khurd, Jaipur, Rajasthan
- Geographic footprint
- 19 states & 2 Union Territories
- Export presence
- 7 countries (UAE, Bangladesh, China, Turkey, Egypt, Kenya, Nepal)
- Regulatory registrations
- 410+ CIB & RC registrations (380 formulations, 30 technicals)
- Employees
- 290+
Quarterly results
Q1 FY27: revenue up 95.3%, net profit up 155.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 167 | 113 | 90 | 169 | 213 +28% | 133 +18% | 124 +38% | 330 +95% |
| EBITDA | 23 | 6 | 6 | 17 | 26 +13% | 7 +17% | 13 +117% | 35 +106% |
| Net profit | 14 | 3 | 1 | 9 | 16 +14% | 3 +0% | 7 +600% | 23 +156% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +8.8% 1Y
1Y: ₹108.3 on 8 Oct 2025 → ₹117.85. High ₹147.57 (24 Oct 2025), low ₹84.96 (30 Mar 2026).
Financials, as filed
Revenue grew 27.3% a year over 1 year, FY25 to FY26. Operating margin widened to 9.9%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹502 Cr | ₹639 Cr |
| Operating profit | ₹47 Cr | ₹63 Cr |
| Operating margin | 9.4% | 9.9% |
| Interest | ₹5 Cr | ₹7 Cr |
| Depreciation | ₹8 Cr | ₹11 Cr |
| Net profit | ₹25 Cr | ₹35 Cr |
| Net margin | 5.0% | 5.5% |
| Cash from operations | ₹6 Cr | ₹-70 Cr |
| Free cash flow | ₹-28 Cr | ₹-109 Cr |
| ROCE | 28.0% | 20.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹45 Cr | ₹64 Cr |
| Reserves | ₹22 Cr | ₹31 Cr | ₹46 Cr | ₹71 Cr | ₹138 Cr | ₹246 Cr |
| Borrowings | ₹16 Cr | ₹21 Cr | ₹25 Cr | ₹45 Cr | ₹85 Cr | ₹98 Cr |
| Other liabilities | ₹43 Cr | ₹62 Cr | ₹104 Cr | ₹139 Cr | ₹260 Cr | ₹217 Cr |
| Total liabilities | ₹86 Cr | ₹119 Cr | ₹179 Cr | ₹260 Cr | ₹529 Cr | ₹625 Cr |
| Fixed assets | ₹16 Cr | ₹17 Cr | ₹23 Cr | ₹40 Cr | ₹69 Cr | ₹83 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹9 Cr | ₹15 Cr | ₹22 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹70 Cr | ₹102 Cr | ₹157 Cr | ₹210 Cr | ₹444 Cr | ₹520 Cr |
| Total assets | ₹86 Cr | ₹119 Cr | ₹179 Cr | ₹260 Cr | ₹529 Cr | ₹625 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Dec 2025, the public added +1.17 pp while FIIs trimmed −0.60 pp. The shareholder count shrank 11% to 13,285.
- Promoters
- 69.9%
- FIIs
- 3.8%
- DIIs
- 2.1%
- Public
- 24.2%
Since Dec 2025
- Public +1.17 pp
- FIIs −0.60 pp
- Government −0.60 pp
How it drifted, 3 quarters
Over this window the public went from 23.0% to 24.2% — +1.2 pp.
Ownership split by quarter, oldest first. Dec '25: Promoters 69.9%, FIIs 4.4%, DIIs 2.0%, Government 0.6%, Public 23.0%.Mar '26: Promoters 69.9%, FIIs 2.6%, DIIs 1.9%, Public 25.6%.Jun '26: Promoters 69.9%, FIIs 3.8%, DIIs 2.1%, Public 24.2%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Genesis Grand General Trading L.L.C Corporate newly disclosed 1.30% held
- Gyaana Retreat & Services Private Limited newly disclosed 1.07% held
- Radiant Computech Private Limited +0.16 pp 1.73% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Advance Agrolife Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Om Prakash Choudhary | 37.92% | unchanged |
| Kedar Choudhary | 25.24% | unchanged |
| Geeta Choudhary | 2.54% | unchanged |
| Manisha Choudhary | 2.30% | unchanged |
| Kamla Devi Jat | 1.90% | unchanged |
| Radiant Computech Private Limited | 1.73% | +0.16 pp |
| Wealthwave Capital Trust-Wealthwave Capital Fund AIF | 1.56% | unchanged |
| Genesis Grand General Trading L.L.C Corporate | 1.30% | newly disclosed |
| Xl Energy | 1.16% | unchanged |
| Meru Investment Fund Pcc-Cell 1 FPI fund | 1.11% | unchanged |
| Gyaana Retreat & Services Private Limited | 1.07% | newly disclosed |
| Parijata Trading Private Limited | 1.02% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹118, this stock must grow earnings at 8% every year for 7 years. Our analysis caps realistic growth at ~40%. At that growth it is worth ₹600 — upside of 409%.
- Growth the price implies
- 7.7% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 40.0% a year
- net profit, FY25–FY26
- The gap
- -0.3 pp
- 409% downside if it only repeats history
Learn to analyse Advance Agrolife Limited
Guides on how to read this kind of business and the numbers that matter.