Narmada Agrobase Ltd (NARMADA) — shareholding pattern, promoter holding, financials and share price
About Narmada Agrobase Ltd (NARMADA)
Narmada Agrobase Ltd operates in the Animal Feed industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as NARMADA and on the BSE under scrip code 543643. Its ISIN is INE117Z01011.
Incorporated in 2013, Narmada Agrobase Ltd manufactures and sells cotton seed and cattle feed [1]
Narmada Agrobase Limited manufactures and supplies cattle feed and cottonseed-derived agro by-products from its Mehsana, Gujarat facility under brands such as 'Gaay Chhaap', 'Churma' and 'Narmada Super', serving distributors, cooperatives and exporters through a B2B model with ISO 9001:2015 certification and semi-automatic production lines.
FY25 marked a material profitability inflection: total income of ₹6,633.91 lakhs, EBITDA ₹623.82 lakhs (9.40% margin) and PAT ₹408.80 lakhs (6.16% margin), with ROE rising to 11.24% and net worth jumping to ₹5,586.61 lakhs, reflecting stronger margins and a significant balance sheet transformation year-on-year.
Listed peers in Animal Feed: Avanti Feeds Ltd, Godrej Agrovet Ltd, Mukka Proteins Ltd, KSE Ltd, Shivam Chemicals Ltd, Mayank Cattle Food Ltd.
Valuation & Returns
10 Jul 2026At ₹34.66 a share on 10 Jul 2026, Narmada Agrobase Ltd (NARMADA) was valued at a price-to-earnings ratio of 34.06x and a price-to-book of 2.22x on a book value of ₹15.64 per share as of Mar 2026. Solomo computes return on equity of 6.51% and return on capital employed of 8.68% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 34.06x
- P/B
- 2.22x
- EPS (TTM)
- ₹1.02
- Book value / share
- ₹15.64
- ROE
- 6.51%
- ROCE
- 8.68%
- ROA
- 5.34%
- Debt / equity
- 0.17x
- Dividend yield
- 1.08%
- EBITDA margin
- 15.61%
- 52-week range
- ₹614.05 – ₹1,592.3
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Narmada Agrobase Ltd (NARMADA) reported revenue of ₹77.56 crore, net profit of ₹3.86 crore and earnings per share of ₹1.02. That compares with revenue of ₹64.68 crore and net profit of ₹4.09 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹34 crore and net profit ₹0.8 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 34.61 | 49.48 | 49.74 | 64.68 | 77.56 |
| Net profit (₹ cr) | 0.61 | 0.65 | 1.02 | 4.09 | 3.86 |
| EPS (₹) | 0.16 | 0.17 | 0.27 | 1.08 | 1.02 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 9.57% | 6.12% | 16.15% | 19.35% |
| Profit growth | 32.58% | 41.37% | 80.84% | -5.62% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 50.3% of Narmada Agrobase Ltd (NARMADA) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.31% and domestic institutional investors (DII) hold 7.07%. Market capitalisation was ₹131 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2018.
Largest disclosed public shareholders in Jun 2026: CHANAKYA OPPORTUNITIES FUND I 7.07%, HUF 2.69%, SILLENIUM INFRA PROJECT PRIVATE LIMITED 1.73%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 50.3% | - | 0.31% | 7.07% | 49.7% |
| Mar 2026 | 50.3% | - | 0.54% | 8.96% | 49.7% |
| Dec 2025 | 50.3% | - | 0.03% | 8.96% | 49.7% |
| Sep 2025 | 50.3% | - | - | 8.96% | 49.7% |
| Jun 2025 | 50.3% | - | - | 8.96% | 49.7% |
| Mar 2025 | 49.11% | - | - | 8.96% | 50.89% |
| Dec 2024 | 49.11% | - | - | 7.91% | 50.89% |
| Sep 2024 | 57.66% | - | - | - | 42.34% |