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    Nirman Agri

    Nashik (Maharashtra)-based agri-input company that produces, processes and markets hybrid and non-hybrid seeds, pesticides, bio-fertilizers and micronutrients for Indian farmers.

    Fast Moving Consumer Goods
    Fast Moving Consumer Goods

    Overview

    Price

    Market Cap

    ₹31 Cr

    Sector

    Fast Moving Consumer Goods

    Fast Moving Consumer Goods

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital0066888
    Reserves032131102117120
    Borrowings1111000
    Other Liabilities1226322
    Total Liabilities263044113127129
    AssetsFixed Assets0010222
    CWIP0000000
    Investments0000000
    Other Assets262944111125128
    Total Assets263044113127129

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating0004-32-24
    Cash from Investing00-21-2100
    Cash from Financing1020-146-1
    SummaryCapital Expenditure
    Free Cash Flow00-14-33-25
    FCF Margin

    Valuation

    Assumptions

    Current — NIRMAN
    Price
    ₹45
    EPS (TTM)
    ₹47.42
    PE (TTM)
    1.0
    Profit growth
    146.0%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (9.1×) and current (1.0×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹45
    vs
    Fair value · 15% return
    ₹2,996
    6543%Undervalued

    At 146% growth and a 1× exit, ₹45 only delivers your return if you pay ₹2,996. The price is currently baking in 16% growth.

    EPS grows 146%/yr for 5 years, then fades to 6% over 2, exits at 1×.

    YearGrowthEPS (₹)
    FY27146.0%116.65
    FY28146.0%286.97
    FY29146.0%705.94
    FY30146.0%1736.61
    FY31146.0%4272.06
    FY3276.0% ·fade7518.82
    FY336.0% ·fade7969.95

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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