Disclosure Context

Basant Agro Tech (India) Ltd. submitted a regulatory filing to the Bombay Stock Exchange on October 30, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure concerns the outcome of the Board of Directors meeting held on October 30, 2026, which commenced at 16:00 hrs and concluded at 17:45 hrs. The Board approved the Unaudited Financial Results for the quarter and half year ended September 30, 2026.

Financial Results Overview (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹12,896.48 lakhs
  • Other Income: ₹4.67 lakhs
  • Total Income: ₹12,901.15 lakhs
  • Total Expenses: ₹12,708.53 lakhs (Breakdown: Cost of materials consumed ₹8,215.70 lakhs; Changes in inventories ₹1,855.74 lakhs; Employee benefits ₹451.33 lakhs; Finance costs ₹414.90 lakhs; Depreciation ₹182.85 lakhs; Other expenses ₹1,588.01 lakhs)
  • Profit before tax: ₹192.62 lakhs
  • Tax expense: ₹14.58 lakhs (Current Tax) + ₹1.21 lakhs (Deferred Tax) = ₹15.79 lakhs
  • Profit for the period (after tax): ₹176.83 lakhs
  • Earnings per share (EPS): Basic and Diluted EPS both at ₹0.20

Financial Results Overview (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹36,152.48 lakhs
  • Other Income: ₹8.85 lakhs
  • Total Income: ₹36,161.33 lakhs
  • Total Expenses: ₹35,642.75 lakhs (Breakdown: Cost of materials consumed ₹24,198.05 lakhs; Changes in inventories ₹4,382.35 lakhs; Employee benefits ₹940.98 lakhs; Finance costs ₹852.20 lakhs; Depreciation ₹382.10 lakhs; Other expenses ₹4,887.07 lakhs)
  • Profit before tax: ₹518.58 lakhs
  • Tax expense: ₹55.63 lakhs (Current Tax) + ₹4.22 lakhs (Deferred Tax) = ₹59.85 lakhs
  • Profit for the period (after tax): ₹458.73 lakhs
  • Earnings per share (EPS): Basic and Diluted EPS both at ₹0.51

Segment Reporting (Half Year Ended September 30, 2026)

  • Fertiliser Segment: Revenue ₹15,969.72 lakhs; Profit before tax & interest ₹826.76 lakhs
  • Seeds Segment: Revenue ₹10,925.27 lakhs; Profit before tax & interest ₹728.75 lakhs
  • LABSA Segment: Revenue ₹8,660.80 lakhs; Profit before tax & interest ₹104.25 lakhs
  • Others Segment: Revenue ₹1,828.13 lakhs; Profit before tax & interest ₹93.12 lakhs
  • Total Segment Profit before tax & interest: ₹1,752.88 lakhs
  • Less: Finance Cost: ₹852.20 lakhs
  • Less: Other Un-allocable expenditure: ₹382.10 lakhs
  • Total Profit Before Tax: ₹518.58 lakhs

Capital Structure and Reserves

  • Paid-up equity share capital (Face Value ₹1): ₹906.28 lakhs (Remained unchanged from previous periods)
  • Reserves excluding Revaluation Reserves (as of March 31, 2026): ₹17,529.81 lakhs

Balance Sheet Position (As of September 30, 2026)

  • Total Assets: ₹44,671.42 lakhs
  • Non-current assets: ₹11,072.18 lakhs (Property, Plant & Equipment ₹10,169.54 lakhs; Capital Work-in-Progress ₹218.92 lakhs; Investments ₹522.61 lakhs; Other Non-current Assets ₹161.11 lakhs)
  • Current assets: ₹33,599.24 lakhs (Inventories ₹17,034.92 lakhs; Trade receivables ₹11,717.90 lakhs; Cash and cash equivalents ₹66.60 lakhs; Other bank balances ₹2.17 lakhs; Short-term loans and advances ₹1,383.60 lakhs; Other Current Assets ₹3,394.06 lakhs)
  • Total Equity and Liabilities: ₹44,671.42 lakhs
  • Equity: ₹18,894.82 lakhs (Equity Share capital ₹906.28 lakhs; Other Equity ₹17,988.54 lakhs)
  • Non-current liabilities: ₹7,188.10 lakhs (Borrowings ₹6,609.33 lakhs; Deferred tax liabilities ₹163.63 lakhs; Other Non-current liabilities ₹415.14 lakhs)
  • Current liabilities: ₹18,588.50 lakhs (Borrowings ₹10,849.44 lakhs; Trade Payables ₹4,770.46 lakhs; Other current liabilities ₹2,638.84 lakhs; Provisions ₹329.76 lakhs)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Cash from operating activities: ₹2,244.51 lakhs (Net profit before tax ₹518.58 lakhs; Adjusted for depreciation ₹382.10 lakhs; interest expenses ₹852.20 lakhs; changes in working capital)
  • Cash used in investing activities: (₹407.64) lakhs (Purchase of fixed assets ₹277.61 lakhs; Investment in shares ₹130.03 lakhs)
  • Cash from/(used in) financing activities: (₹1,823.47) lakhs (Net decrease in borrowings ₹971.27 lakhs; Interest paid ₹852.20 lakhs)
  • Net change in cash: ₹13.40 lakhs
  • Closing cash balance: ₹66.60 lakhs

Auditor's Review

K.C. Kankariya & Co., the statutory auditors, issued a limited review report on the unaudited financial results. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410. The report states that nothing has come to their attention that causes them to believe that the statement contains any material misstatement.

Related Party Transactions (Period: April 1, 2026 to September 30, 2026)

The disclosure includes transactions with related parties:

  • Enterprises over which Key Managerial Personnel exercise significant influence: M/s Basant Seeds, M/s Ashwin & Co., and M/s H.G. Agri
  • Key Managerial Personnel: Shri. Shashikant C. Bhartia (Chairman & Managing Director), Shri. Narendra Pathak (CFO), Shri. Deepak C. Bhartia (Managing Director), Shri. Prasad Todankar (Company Secretary), Shri. Ashwin N. Bhartia (Executive Director)
  • Relatives of Directors: Shri. Ankush D. Bhartia (Vice President), Shri. Vishal S. Bhartia (Vice President), Shri. Akshay D. Bhartia (President)

Transaction Details:

  • Finance cost with Key Managerial Personnel: ₹61.13 lakhs
  • Rent Paid: ₹1.87 lakhs (Enterprises); ₹21.61 lakhs (KMP); ₹40.89 lakhs (Others)
  • Remuneration paid: ₹101.72 lakhs (KMP); ₹59.00 lakhs (Others)
  • Purchase/material consumed with Enterprises: ₹74.29 lakhs
  • Loan Taken from Others: ₹1,100.91 lakhs