Nova Agritech Limited
20.37
INR
-0.67
(-3.18%)
Nova Agritech Limited
BSE:NOVAAGRI
(Bombay Stock Exchange)
Recent
price
20.37
P/E
ratio
18.17
div
yld
- -
ROIC.AI
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- Business
- Nova Agritech Limited is an India-based agri-input manufacturer specializing in soil health management, crop nutrition, biostimulants, biopesticides, integrated pest management (IPM) products, crop protection, and novel agricultural technologies. The company manufactures and markets a diversified range of products including organic fertilizers, biofertilizers, soil conditioners, micronutrient fertilizers, beneficial element fertilizers, 100% water-soluble NPK fertilizers, insecticides, fungicides, herbicides, and plant growth regulators. Its subsidiaries, including Nova Agri Sciences Private Limited and Nova Agri Seeds India Private Limited, focus on crop protection and seed management. Operations extend across 16 Indian states, with expansion efforts underway in Bangladesh, Sri Lanka, Vietnam, and Nepal through marketing and distribution agreements pending regulatory approvals. Founded in 2007 and headquartered in Hyderabad, Telangana, Nova Agritech emphasizes research and development with well-equipped R&D facilities to innovate products that meet quality standards and farmer needs. The company leverages technology such as fertilizer and pesticide spraying drones (Nova Agribot) and soil health scanning devices (Bhu-Parikshak) to enhance its farmer-centric solutions. Its distribution network encompasses approximately 11,000 dealers, supporting over 1.8 million farmers. Recent major developments include the introduction of beneficial element fertilizers branded as V-Lock and HY-Clean launched between 2020 and 2022, expansion of manufacturing capacity with new facilities in Telangana and Karnataka, and the launch of new technology-based offerings like drones and soil health devices in 2022. The company has also seen strategic growth through acquisitions of related manufacturing units in 2017 and is pursuing backward integration to manufacture new off-patent agrochemical molecules. Additionally, Nova Agritech maintains ongoing collaborations for importing and distributing agricultural technicals under agreements with Taiwanese and Chinese entities. Recent leadership changes include the re-appointment of independent directors and some executive resignations notified in late 2025. This comprehensive product and service portfolio positions Nova Agritech as a key player in India's agricultural sector, primarily serving farmers with technologically advanced, sustainable, and nutritionally balanced agricultural inputs aimed at improving crop yield and soil health across diverse geographic markets.