Nath Bio-Genes (India) Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Agriculture Activities: 87.4% • Trading Activity: 12.6%
AI Sector View
AI GENERATEDFast Moving Consumer Goods
Rural demand proxies are mixed. Tractor sales rose 18.0% YoY (2026-07) and 2-wheelers were up 23.0% YoY (2026-06), but rural employment slowed to 1.0% YoY (2026-07), fertiliser sales were 0.0% YoY (2026-05), and food inflation of 5.52% (Jul/26) can pressure household budgets. FPI outflows remain heavy at INR -8081 crore over 3 months to 2026-08-31, limiting upside.
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.19x)
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
- Company maintains a comfortable, low leverage position
CONS
- Recent results are weak - TTM profit is down 32.6% versus prior year
- Company has a low return on capital employed of 7.2%
- Company has a low return on equity of 6.6% over last 3 years
- Company has delivered a poor profit growth of -3.5% over past five years
- Effective tax rate is unusually low at 4.5% - earnings may be flattered
- Company has delivered a poor sales growth of 5.3% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| KSCL | 715.75 | 14.75 | 3681.75 | 0.00 | 279.84 | -14.47 | 742.50 | -13.51 | 21.77 | 39.58 |
| VENKEYS | 1786.55 | 366.34 | 2516.77 | 0.56 | 49.99 | 215.79 | 1118.38 | 29.17 | 11.27 | 6.18 |
| AVTNPL | 89.96 | 16.35 | 1369.95 | 0.89 | 31.10 | 156.69 | 241.22 | 82.16 | 14.26 | 16.56 |
| BSHSL | 90.00 | 32.92 | 944.44 | 0.00 | 14.30 | 16.56 | 182.57 | 19.37 | 21.19 | 9.39 |
| REGAAL | 83.83 | 14.43 | 863.40 | 0.30 | 13.33 | 46.95 | 202.15 | -18.02 | 16.91 | 15.33 |
| MGEL | 15.94 | 11.13 | 525.31 | 0.06 | 84.26 | 1210.01 | 9520.65 | 1008.93 | 19.37 | 1.94 |
| NATHBIOGEN | 147.80 | 7.67 | 280.88 | 1.35 | 32.26 | -13.46 | 328.40 | 15.76 | 6.89 | 10.70 |
| MSL | 149.00 | 19.67 | 163.60 | 0.00 | 3.97 | 1.93 | 61.84 | 25.81 | 12.34 | 9.28 |
| INDOUS | 77.61 | 30.74 | 155.62 | 0.00 | 3.04 | -35.38 | 32.99 | 7.21 | 21.15 | 12.01 |
| OSWALSEEDS | 15.54 | 11.64 | 142.14 | 0.00 | 12.27 | 68.60 | 117.08 | 19.53 | 9.88 | 15.65 |
| NARMADA | 14.31 | 30.22 | 108.57 | 0.00 | 7.54 | — | 222.63 | — | 8.94 | 4.25 |
| AGRITECH | 99.95 | 0.00 | 59.37 | 0.00 | -3.61 | 61.18 | 0.00 | — | -0.94 | — |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 235 | 23 | 32 | 43 | 244 | 32 | 37 | 49 | 280 | 40 | 66 | 46 | 323 | |
| 198 | 17 | 26 | 39 | 207 | 26 | 29 | 46 | 241 | 33 | 57 | 39 | 293 | |
| Operating Profit | 37 | 5 | 6 | 4 | 37 | 7 | 7 | 3 | 39 | 7 | 9 | 7 | 30 |
| OPM % | 15.79% | 22.55% | 18.24% | 10.41% | 15.20% | 20.38% | 20.34% | 6.42% | 13.88% | 18.08% | 13.39% | 14.47% | 9.38% |
| 0 | 0 | 3 | 0 | 0 | 0 | 0 | 4 | 2 | 2 | 4 | 4 | 1 | |
| Interest | 3 | 2 | 3 | 1 | 2 | 3 | 3 | 1 | 3 | 3 | 4 | 3 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before Tax | 34 | 2 | 5 | 3 | 34 | 3 | 4 | 5 | 37 | 5 | 8 | 6 | 33 |
| Tax % | 0.65% | 17.86% | 16.31% | 21.60% | 0.73% | -1.05% | 30.08% | 13.12% | 1.79% | 13.22% | 10.74% | 39.75% | 2.16% |
| Net Profit | 34 | 2 | 4 | 2 | 34 | 3 | 3 | 4 | 36 | 4 | 7 | 4 | 33 |
| 17.58 | 0.85 | 2.09 | 2.18 | 17.77 | 1.46 | 1.40 | 2.12 | 20.06 | 2.16 | 3.80 | 2.17 | 17.18 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 162 | 170 | 192 | 231 | 280 | 308 | 278 | 301 | 333 | 362 | 474 | |
| 137 | 141 | 151 | 188 | 225 | 241 | 241 | 252 | 282 | 310 | 421 | |
| Operating Profit | 25 | 29 | 40 | 43 | 55 | 67 | 37 | 49 | 50 | 52 | 53 |
| OPM % | 15.20% | 17.07% | 21.11% | 18.78% | 19.58% | 21.71% | 13.39% | 16.31% | 15.17% | 14.46% | 11.16% |
| 1 | 1 | 1 | 2 | 2 | 2 | -87 | 1 | 4 | 5 | 11 | |
| Interest | 6 | 10 | 10 | 5 | 7 | 9 | 11 | 10 | 9 | 10 | 14 |
| Depreciation | 4 | 3 | 1 | 1 | 1 | 3 | 3 | 3 | 3 | 4 | 4 |
| Profit before Tax | 15 | 17 | 30 | 39 | 49 | 57 | -63 | 36 | 42 | 44 | 53 |
| Tax % | 6.04% | 2.81% | 2.12% | 1.12% | -4.07% | 1.92% | -6.23% | 3.17% | 4.62% | 4.50% | 8.99% |
| Net Profit | 14 | 16 | 29 | 38 | 50 | 56 | -67 | 35 | 40 | 42 | 48 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 29.00 | -35.52 | 18.51 | 21.14 | 22.17 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.83% | -5.64% | 10.81% | 9.46% | 9.02% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 7%
- 5 Years:
- 5%
- 3 Years:
- 9%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 5%
- 5 Years:
- -4%
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 4%
- 5 Years:
- -15%
- 3 Years:
- -11%
- 1 Year:
- -13%
RETURN ON EQUITY
- 10 Years:
- 6%
- 5 Years:
- 4%
- 3 Years:
- 7%
- Last Year:
- 7%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| 105 | 287 | 450 | 489 | 539 | 594 | 523 | 554 | 592 | 630 | |
| 58 | 69 | 32 | 58 | 70 | 99 | 92 | 104 | 107 | 110 | |
| Trade Payables | 48 | 44 | 37 | 50 | 68 | 35 | 43 | 28 | 42 | 79 |
| 39 | 38 | 32 | 32 | 34 | 42 | 63 | 87 | 117 | 180 | |
| Total Liabilities | 266 | 454 | 570 | 648 | 729 | 790 | 740 | 793 | 877 | 1,017 |
| 30 | 207 | 211 | 232 | 246 | 247 | 245 | 244 | 249 | 250 | |
| 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | |
| 141 | 130 | 123 | 155 | 204 | 226 | 220 | 208 | 229 | 331 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94 | 89 | |
| Cash & Bank | 1 | 6 | 45 | 21 | 22 | 29 | 4 | 38 | 76 | 88 |
| 88 | 106 | 186 | 234 | 252 | 282 | 265 | 298 | 223 | 253 | |
| Total Assets | 266 | 454 | 570 | 648 | 729 | 790 | 740 | 793 | 877 | 1,017 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -14 | 3 | -47 | -20 | 11 | 1 | 20 | 39 | 75 | 27 | |
| Cash from Investing | -17 | -4 | -4 | -20 | -14 | -10 | -20 | -3 | -27 | -4 |
| Cash from Financing | 30 | 5 | 90 | 20 | 6 | 16 | -22 | -2 | -10 | -11 |
| -0 | 5 | 39 | -23 | 1 | 7 | -25 | 34 | 38 | 12 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-09 - The Exchange has sought clarification from Nath Bio-Genes (India) Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: The response of the Company is awaited.
2026-09-01 - Nath Bio-Genes (India) Limited has informed the Exchange that Record date for the purpose of Dividend & Meeting is 11-Sep-2026.
2026-09-01 - Nath Bio-Genes (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2026
2026-08-06 - Nath Bio-Genes (India) Limited has informed the Exchange about Initiation of Forensic Audit
2026-07-30 - Nath Bio-Genes (India) Limited has informed the Exchange about General Updates
2026-07-29 - Nath Bio-Genes (India) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-23 - Nath Bio-Genes (India) Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
2026-06-26 - Nath Bio-Genes (India) Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
2026-06-19 - Nath Bio-Genes (India) Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
News
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