Company Overview
Nagarjuna Agri-Tech Limited (Scrip Code: 531832) has filed its annual report for FY 2025-2026, showcasing a significant strategic shift from floriculture to FMCG operations with substantial financial improvements and multiple acquisition activities.
Financial Performance Highlights
Standalone Performance: Revenue from operations reached ₹5,160.99 lakhs (previous year: ₹0.61 lakhs) with net profit of ₹156.89 lakhs (previous year: ₹7.99 lakhs) and Basic EPS of ₹1.57.
Consolidated Performance: Revenue from operations stood at ₹5,258.76 lakhs with net profit of ₹120.01 lakhs and Basic EPS of ₹1.20. Total borrowings amounted to ₹9,988.16 lakh including term loans from Axis Bank, ICICI Bank, and NBFCs.
Major Business Combination
The company completed a significant acquisition of Allenby Food & Beverages Private Limited on March 20, 2026, through a share-swap arrangement:
- Consideration: Issued 2,12,86,020 equity shares at ₹68 per share (total ₹31,474.49 lakh)
- Valuation: Allenby valued at ₹601 per equity share with swap ratio of 15:1
- Provisional Net Assets: ₹3,844.66 lakh with provisional goodwill of ₹9,629.84 lakh
- Financial Impact: Allenby became a wholly-owned subsidiary, contributing to consolidated revenue of ₹100.54 lakhs
Proposed Acquisitions
Three additional acquisitions are proposed for shareholder approval at the 38th AGM:
1. Kathleen Confectioners: ₹4.90 crore for the partnership firm (FY24 turnover: ₹12,09,83,405)
2. Kathleen Food Private Limited: ₹10.11 crore for 100% shareholding (₹1,117 per share)
3. Aarini Gourmet LLP: ₹3.75 crore for 60% stake (FY25 turnover: ₹331.38 lakhs)
Corporate Governance & AGM Details
The 38th Annual General Meeting will be held on September 29, 2026, via video conferencing with agenda including:
- Adoption of standalone and consolidated financial statements
- Re-appointment of Shri Rajesh Shaw as Whole-time Director
- Approval of three proposed acquisitions
Remote e-voting will be available from September 26-28, 2026, with book closure from September 23-29, 2026.
Capital Structure Changes
Authorized Share Capital increased from ₹10 crores to ₹35 crores while Paid-up Share Capital increased from ₹9,36,91,000 to ₹30,65,51,200 primarily due to the Allenby acquisition share issuance.
Board Composition & Management
Key Management: Rachna Suman Shaw (Managing Director), Rajesh Shaw (Whole Time Director), Rahul Gupta (CFO), Deepika Bhutra (Company Secretary)
Board Committees: Audit, Nomination and Remuneration, and Stakeholders' Relationship committees are fully constituted with independent directors.
Regulatory Compliance & Disclosures
The company maintains full compliance with SEBI Listing Regulations, with all policies available on its website. No material orders from judicial bodies or regulators were reported, and no frauds were identified by auditors.
The financial statements are prepared in accordance with Ind AS 103 (Business Combinations), Ind AS 108 (Segment Reporting), and Ind AS 24 (Related Party Disclosures), with provisional accounting treatment subject to measurement period adjustments.