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Best Agrolife Ltd.

NSE: BESTAGRO | BSE:539660

₹628.00 -26.05 (-3.98%) 1D

Chemicals & Petrochemicals

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Performance

Today’s low

625.00

Today’s High

664.60

52W low

453.80

52W High

1374.00

Open Price

664.40

Prev. Close

553.3500

Volume

91140.00

Value

57235920.00

Fundamentals

Market Cap

1484.90

Price to Earnings

14.00

Price to Book Value

2.30

Dividend Yield

0.50

PE to Growth

-0.30

Op Revenue TTM

1873.32

Net Profit TTM

106.27

Cash From Operating Activity

41.35

Return on Equity %

16.42

EMA & SMA

Bullish Moving Averages

4

Bearish Moving Averages

12

DELIVERY AND VOLUME

DAILY AVG. DELIVERY VOLUME %

05 Jul, 2024

62.1

Week

60.8

Month

38.3

LEGEND

Positive Indicator

Neutral Indicator

Negative Indicator

RESISTANCE AND SUPPORT

657.83

PIVOT

First Resistance

665.67

Second Resistance

677.28

Third Resistance

685.12

First Support

646.22

Second Support

638.38

Third Support

626.77

Relative Strength Index

54.02

Money Flow Index

80.17

MACD

23.54

MACD Signal

25.52

Average True Range

30.4

Average Directional Index

28.77

Rate of Change (21)

18.42

Rate of Change (125)

-23.47

Commodity Channel Index

13.8

Williams %R

-52.3

BETA

1 Month

1.53

3 Month

1.14

1 Year

0.54

3 Year

0.13

PRICE CHANGE ANALYSIS

-7.3%

1 Week

Low

High

625

692

11.13%

1 Month

Low

High

567.35

732

-10%

3 Months

Low

High

491

732

-24.57%

6 Months

Low

High

453.75

865

-45.52%

1 Year

Low

High

453.75

1374

Bigul
28 Jun 2024

Best Agrolife Ltd - 539660 - Closure of Trading Window

Intimation of Closure of Trading Window
Bigul
24 Jun 2024

Best Agrolife Ltd - 539660 - Announcement Under Regulation 30 LODR-Update

Announcement under Regulation 30 LODR-Update
Bigul
20 Jun 2024

Best Agrolife Ltd - 539660 - Announcement Under Regulation 30 ( LODR)-Update

Announcement under Regulation 30 ( LODR)-Update
19 Jun 2024

Best Agrolife Set To Launch Innovative Insecticide Nemagen In July

The low-toxicity formulation aligns with global trends towards environmentally sustainable agricultural practices, the company said.
27 May 2024

Best Agrolife Q4 Results: Net Loss Widens To Rs 72.49 Crore On Price Erosion

Total revenue grew 7.31% to Rs 1,873.32 crore on higher growth in branded sales.
Bigul
27 May 2024

Q4FY24 Quarterly & FY24 Annual Result Announced for Best Agrolife Ltd.

Agrochemicals company Best Agrolife announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue from Operations declined by 46.68% YoY to Rs 135.39 crore in Q4FY24 compared to Rs 253.91 crore in Q4FY23, due to an unexpected seasonal failure, of Q3 and Q4 of FY24 as against normal seasonal conditions in same period last year, leading to lower-than-expected sales coupled with surge in sales returns Q4FY24 EBITDA (excluding Other Income) was a loss of Rs 67.10 crore against a profit of Rs 7.14 crore in Q4FY23 Q4FY24 PAT stood at loss of Rs 72.49 crore against a loss of Rs 8.41 crore in Q4FY23, caused by price erosion and our investments in brand building FY24 Financial Highlights: Revenue from Operations grew by 7.31% to Rs 1,873.32 crore in FY24 compared to Rs 1,745.68 crore in FY23. This is mainly due to significant growth in branded sales as compared to the previous corresponding period FY24 EBITDA (excluding Other Income) was at Rs 225.59 crore against Rs 313.66 crore in FY23, a decline of 28.08% on YoY basis. This is mainly due to shift in business strategy from institutional sales to branded sales, which has resulted in higher employee costs and other expenses. The increase in employee costs is attributable to the strategic investment in manpower to expand the dealer network. Additionally, other expenses have increased due to incremental travel and marketing expenses FY24 PAT stood at Rs 106.27 crore. The Board recommended a final Dividend, subject to approval of shareholders, of Rs 3 (30%) per equity of face value Rs 10 Commenting on the result and overall update on the financial year 2023-2024, Vimal Kumar, Managing Director, Best Agrolife Ltd. said, “Despite the many challenges faced during the year, for the full year FY24, our revenue grew by 7% on YoY basis. This growth was driven by our shift in business strategy from institutional sales to branded sales. This has resulted in the growth of our branded business by 85%. However, the EBITDA margins reduced to 12% in FY24, mainly because of the stress on the gross margin due to pricing pressures in the market, primarily caused by oversupply from China. Combination of weather factors, our shift towards branded products, and an expanding distributor network led to higher trade inventory. Additionally, employee costs have gone up due to a shift in business strategy. The planned increase in employee cost is a strategic investment to strengthen our sales distribution network. Also, other expenses have risen due to incremental marketing costs for focus on branded business. Despite the high competition from imports, particularly pricing pressure from China and the challenges posed by the global economic climate, we have maintained good profit margins. This year, our company achieved several significant operational milestones. We became a major partner in Kashmir Chemicals by acquiring a 99% stake, increasing our formulation capacities. Our strategic acquisition of Sudarshan Farm Chemicals will allow us to leverage SFCL’s robust R&D; capabilities, IP portfolio, and backward-integrated technical manufacturing expertise. These developments will be crucial in enhancing our manufacturing and innovation capabilities. The company continues to build upon a strong registration portfolio having garnered 94 registrations for newer technicals and formulations in FY’24. We have established a strong foundation for accelerated growth by securing patents for newer groundbreaking products. In FY’24 we launched multiple products, including our patented formulation “Tricolor”. Our past investments in research will see us launching multiple patented products such as “Warden Extra”, “Defender”, “Orisulam” and potentially “Shot Down” in FY’25. The new additions to our patent portfolio will see us reaping the fruits of our investments in FY’25 and beyond. We continue to strategically expand our R&D; capabilities with potential yieldsin the upcoming years. We are committed to developing safer and newer chemistries that are beneficial for the farmer and the environment. With a robust pipeline of new innovative and patented products coupled with an increased market presence, we are well-positioned to capitalize on emerging opportunities and drive value for our shareholders. We have entered the new fiscal year with an optimistic outlook with our focus on delivering value to the farmer through R&D.; I thank all our stakeholders for their continued support and faith in our company.” Result PDF
Bigul
25 May 2024

Best Agrolife Ltd - 539660 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Intimation on newspaper advertisement in respect of published financial results for the quarter and year ended 31st March, 2024
See all News

FAQs

The latest market price of Best Agrolife Ltd. on NSE was Rs. 628.00 as of today.

The opening share price of Best Agrolife Ltd. was Rs. 664.40 as of today.

The 52-week high share price of Best Agrolife Ltd. was Rs. 1374.00.

The 52 week low share price of Best Agrolife Ltd. was Rs. 453.80.

Please find Corporate actions section for more details.

The PE ratio of Best Agrolife Ltd. is -0.30. Please refer to the Fundamentals section for further details.

Please find Corporate actions section for more details.

Please find Corporate actions section for more details.

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The latest dividend declared by Best Agrolife Ltd. was on 2023-09-20 for Rs. 3 per share. According to today’s share price, the dividend yield of Best Agrolife Ltd. stands at 0.50. Please refer to the Corporate Actions section for further details.

Please find Corporate actions section for more details.

Please find Corporate actions section for more details.

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Please refer to the News section for the latest news about Best Agrolife Ltd..

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