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Narmada Agrobase share price & results

Narmada Agrobase Limited· Fast Moving Consumer Goods

Results to
Jun 2026
Latest analysed call
Q2 FY26
Ownership as of
Jul 2026

Gujarat-based manufacturer of cattle feed and cotton-seed agro by-products (cottonseed meal, linters, oil cake) from a single 40,000-TPA plant near Mehsana.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue22.3 ₹ crore+100.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin4.3 %−7.6 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit0.75 ₹ crore−26.5% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity6.23 %−4.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-1.87 %+22.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)38.85 %−10.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

6 targets tracked, none judged yet · 6 open · verdicts reflect calls analysed to Q2 FY26.

Narmada Agrobase Limited management guidance track record on Inve: 6 targets tracked across analysed earnings calls (0 achieved, 0 missed, 6 open).

TargetOriginal wordingSaidLatest callVerdict
International Revenue ContributionScale international revenue to 15% to 20% of turnover over the next three years.
Call transcript, Q1 FY26 · 22 Aug 2025		Q1 FY26Q2 FY26:Management noted they are 'moving ahead positively' and promoting non-GMO products on B2B platforms, though lacked quantitative updates.
Call transcript, Q2 FY26 · 26 Nov 2025		On Track

Source: Inve Guidance Tracker for Narmada Agrobase Limited · to Q2 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of Narmada Agrobase Limited's 6 targets are still open. See which are on track and which have gone quiet. The 1 above are the free sample; 5 more targets are in the full ledger.

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Price

₹11.58 +3.58% · +₹0.4

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −52.3% 1Y

₹10.0₹20.0₹30.0₹40.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 26 Nov 2025

1Y: ₹24.29 on 24 Oct 2025 → ₹11.58. High ₹43.56 (10 Jun 2026), low ₹9.99 (23 Oct 2026).

Previous close
₹11.18
Market cap
₹93 Cr
52-week range
₹9.99 – ₹43.56
One year
−51.45%
Price to earnings (TTM to Jun 2026)
25.82×
Return on equity (TTM to Jun 2026)
6.23%

Overview

Symbol
NSE:NARMADA
Exchange
NSE
Currency
INR

What Narmada Agrobase Limited does

Based on the company's own presentations, annual report and earnings calls.

Narmada Agrobase Limited manufactures and supplies cattle feed and cotton-seed-based agro by-products with a focus on livestock nutrition. It operates one manufacturing facility near Mehsana, Gujarat with an installed capacity of 40,000 tonnes per annum, producing compound (pelletized) and mesh-form cattle feed alongside cottonseed meal, cotton linters, bleached cotton linters and cottonseed oil cake. Products are sold through a wholesale and retail dealer network under brands including "Churma", "Gaay Chhaap Narmada Pashu Aahar" and "Narmada Super", with the company also expanding exports of non-GMO livestock feed to Southeast Asia, the Middle East and Africa.

Segments

  • Cattle feed
  • Cotton seed
Manufacturing facility
1 plant (Mehsana, Gujarat)
Installed capacity
40,000 tonnes per annum (TPA)
Capacity utilization
~50%
Product brands
3
Product categories
2 (cattle feed, cotton seed)
Wholesale distribution points
150+
Founded 2013Headquarters Mehsana, Gujarat, India Company website

How the price took the results

close before → close after

Q2 FY26
−0.8%
26 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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