Financial Performance Highlights

Q4 FY26 Performance (YoY Comparison):

  • Revenue from Operations: ₹1,508 million (19% increase from ₹1,262 million in Q4 FY25)
  • Cost of Goods Sold: ₹902 million (21% increase from ₹743 million)
  • Gross Profit: ₹606 million (17% increase from ₹519 million)
  • EBITDA: ₹204 million (-2% decrease from ₹208 million)
  • PAT: ₹116 million (19% increase from ₹98 million)
  • Finance Cost: ₹44 million (6% increase from ₹41 million)
  • Exceptional Items: -₹4 million (compared to ₹0 million)

FY26 Annual Performance (YoY Comparison):

  • Revenue from Operations: ₹7,046 million (19% increase from ₹5,904 million in FY25)
  • Cost of Goods Sold: ₹4,865 million (17% increase from ₹4,146 million)
  • Gross Profit: ₹2,181 million (24% increase from ₹1,758 million)
  • EBITDA: ₹740 million (15% increase from ₹643 million)
  • PAT: ₹400 million (27% increase from ₹315 million)
  • Finance Cost: ₹171 million (18% increase from ₹145 million)
  • Exceptional Items: ₹1 million (-89% decrease from ₹13 million)
  • Tax: ₹131 million (0% change from ₹131 million)

Balance Sheet Position (FY26 vs FY25):

  • Total Equity: ₹4,593 million (vs ₹2,753 million)
  • Share Capital: ₹632 million (vs ₹488 million)
  • Other Equity: ₹3,961 million (vs ₹2,265 million)
  • Total Borrowings: ₹1,769 million (Current: ₹1,739 million, Non-current: ₹30 million)
  • Total Assets: ₹8,234 million (vs ₹6,879 million)
  • Inventories: ₹3,435 million (vs ₹2,700 million)
  • Trade Receivables: ₹2,406 million (vs ₹2,230 million)
  • Cash & Cash Equivalents: ₹123 million (vs ₹97 million)
  • Property, Plant & Equipment: ₹362 million (vs ₹360 million)
  • Capital Work-in-Progress: ₹764 million (vs ₹571 million)

Business Overview and Strategic Developments

The company is transitioning from an agrochemical company to an integrated agri-solutions platform focusing on:

  • Moving from inputs to outcomes with productivity and yield enhancement solutions
  • Shifting from distribution to engagement through deeper farmer connect
  • Expanding from products to solutions across crop protection, plant nutrients & biologicals
  • Building from portfolio to platform as a scalable multi-brand agri ecosystem

Manufacturing Infrastructure

  • Nathupur I, Haryana: Formulation facility with 13,500 MT/KL capacity
  • Barwasni, Haryana: Advanced formulation facility with 20,064 MT/KL capacity (expansion underway for dry flowable plant)
  • Nathupur II, Haryana: Technical manufacturing facility with 1,360 TPA capacity
  • Samba, Jammu & Kashmir: Strategic manufacturing unit with 9,000 MT/KL capacity

FY26 Revenue Mix

  • Balanced contribution across business verticals reflecting integrated solutions strategy
  • Biologicals and specialty products gaining traction
  • Diversified revenue streams: B2C (domestic penetration), B2B (192 active institutional partners), Exports

Export Growth & Global Expansion

Key developments in FY26:

  • Venezuela: First fertilizer shipment executed, marking entry into Latin America
  • Taiwan: Engagement initiated for Spiromesifen Technical and Mancozeb expansion
  • Sri Lanka: Successful field trials completed for Indo Apache
  • Strategic focus on entering Brazil market
  • Africa expansion across Kenya, Nigeria, South Africa and other markets
  • Strong regulatory infrastructure with 189 registrations supporting global scalability

Awards & Recognition

  • Industrial Review Awards 2025: Excellence in Providing Plant Nutrient Solutions
  • Bio Ag Pioneer Award 2025: Commitment towards biological solutions and sustainable agriculture
  • Industry Leadership Award 2024: Contribution towards agri-innovation and sustainability

Management Team

Experienced leadership team with:

  • Om Prakash Aggarwal: Chairman & WTD (31+ years experience)
  • Sanjay Aggarwal: Managing Director (30+ years experience)
  • Manoj Gupta: CFO (30+ years experience)
  • Various VPs with 15-30+ years experience in their respective functions

Future Strategy (The Road Ahead)

  • Expand biologicals and sustainable portfolio
  • Increase high-margin product contribution
  • Deepen farmer engagement with 100+ IDOs across India
  • Accelerate global expansion into new markets
  • Drive innovation-led growth through R&D and ICAR-IARI collaboration
  • Focus on procurement, supply chain and manufacturing efficiency

Investor Relations Contact

  • Address: 501, Gopal Heights, Netaji Subhash Place, New Delhi-110034
  • Adfactors PR team contacts provided for investor relations support