Nirman Agri Genetics Ltd.

Nirman Agri Genetics Ltd.

NNSE:NIRMAN
25.00
INR
-0.60
(-2.34%)
1.43BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
3.91
11.77
20.4
43.27
95.79
295.3
245.42
- -
Basic EPS, GAAP
0.2
0.28
3.87
6.06
15.74
31.57
21.98
- -
Free Cash Flow per Basic Share
0.08
-0.05
0.01
-0.97
6.34
-42.18
-30.87
- -
Dividend per Share
- -
- -
- -
- -
- -
2
- -
- -
Book Value per Share
0.27
0.51
4
40.77
56.47
137.32
159.24
155.53
Tangible Book Value per Share
0.27
0.51
4
40.77
56.47
137.3
159.24
155.53
Basic Weighted Avg Shares
7
7
7
7
7
8
8
8
Sales/Revenue/Turnover
26
78
135
286
633
2,365
1,966
- -
Operating Margin (%)
5.76
2.94
25.56
15.27
17.64
10.96
9.23
- -
Depreciation Expense
- -
- -
- -
1
3
6
7
- -
Net Income, GAAP
1
2
26
40
104
253
176
- -
Effective Tax Rate (%)
12.98
17.77
25.17
5.93
4.87
3.02
3.02
- -
Profit Margin (%)
5.05
2.39
18.98
14
16.43
10.69
8.96
- -
Working Capital
4
13
38
69
149
974
1,157
1,132
LT Debt
2
10
12
8
2
- -
- -
- -
Total Equity
2
3
26
270
373
1,100
1,275
1,246
Return on Invested Capital (%)
- -
21.72
82.29
24.1
31.44
33.58
14.74
- -
Return on Capital (%)
- -
21.72
95
25.01
32.17
34.11
14.78
- -
Return on Common Equity (%)
- -
71.95
171.76
27.06
32.37
34.33
14.82
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'25
Mar'25
Sep'26
ST Debt
- -
4
3
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
3,147
1,575
1,432

Working Capital

INR

•

in mil. unless spec.
Dec'25
Mar'25
Sep'26
Total Current Assets
- -
1,005
1,154
Cash, Cash Equivalents & STI
- -
259
13
Accounts Receivable, Net
- -
375
787
Inventories
- -
370
353
Total Current Liabilities
- -
31
22
Payables & Accruals
- -
- -
- -
ST Debt
- -
4
3
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
370.57%
15.96%
Free Cash Flow
- -
-2,330.3%
-26.81%
Net Income, GAAP
- -
321.06%
-30.38%
Sales/Revenue/Turnover
- -
112.67%
-16.89%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
633
2025
- -
- -
2,365
2026
- -
- -
1,966

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
15.74
2025
- -
- -
31.57
2026
- -
- -
21.98

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
2
2026
- -
- -
- -

Company Description

CEO
Pranav Kailas Bagal
Full Time Employees
38
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Samarth House Nashik MA India 422005
IPO Date
Mar 29, 2023
Business
Nirman Agri Genetics Ltd (NIRMAN.NS) is an agricultural input company that produces, processes, and markets high-quality hybrid seeds, bio-organics, pesticides, micronutrients, bio-pesticides, bio-fertilizers, and plant growth regulators for crops including corn, sunflower, cotton, paddy, bajra, sorghum, tomato, okra, capsicum, and gourds; it also develops non-hybrid seeds and focuses on superior breeding programs and biotechnology tools to create seeds with enhanced yield potential, drought tolerance, and resistance to pests and diseases. Founded in 2020 and headquartered in Nashik, Maharashtra, the company maintains production, processing, outsourced processing, and R&D facilities across Maharashtra (Nashik and Nimgul), Gujarat, and Madhya Pradesh, with a marketing network spanning these regions to serve farmers directly and through farmer producer companies. Initially operating as a proprietary concern from 2018 under the 'Fortuner' seed brand, it converted to a public limited company in December 2022 and listed on the NSE Emerge platform in 2023. In recent developments, Nirman Agri Genetics signed a Rs 25 crore memorandum of understanding (MoU) with Gurusiddhi Farmer Producer Company Limited in March 2024 to supply seeds, pesticides, and new technologies to 12,500 farmer groups, followed by another five-year MoU with Grandcrop Farmer Producer Company Limited in July 2025 for seed production valued at Rs 10 crore. The company proposed a 1:10 stock split and 1:10 bonus issue, approved by shareholders in November 2025, alongside increasing authorized capital to Rs 90 crore, though a SEBI order temporarily halted related actions; it also withdrew its bonus application during the H1 2025 board meeting. These strategic alliances and corporate actions support its expansion into comprehensive crop solutions, minimizing reliance on single crops while enhancing distribution to target farmer markets in western and central India.