Company Overview

Agri-Tech (India) Limited engages in the horticulture business in India, primarily cultivating mangoes. The company was incorporated in 1993 and is based in Mumbai, India. ATIL is in the business of corporate farming, with the majority of its farms situated in various villages of Paithan Taluka, Maharashtra.

Incorporated in August 1993, Agri-Tech (India) Limited is engaged in the business of corporate farming. The major farms are situated in various villages in Paithan Taluka, in the Aurangabad district of Maharashtra State. The Company is into the production of horticulture crops, basically mangoes. The company operates under the stock symbol AGRITECH on NSE and trades with BSE code 537292.

Corporate History and Background

Agri-Tech (India) Limited was originally incorporated as Somnath Farms Private Limited. In September 2000, its status was converted to a Public Limited Company as Somnath Farms Limited. On 5 March 2001, the Company's name was changed from Somnath Farms Limited to Agri-tech(India) Limited. Pursuant to a Scheme of Arrangement, the entire business of the Farming Division of Nath Seeds Limited was transferred to the Company, effective from 1 January 2001.

Market Capitalization and Stock Performance

Agri-Tech (India) Ltd has a market capitalisation of ₹102 crore. The company's shares are actively traded on both major Indian stock exchanges. The Agri-Tech (India) Ltd's 52-week high share price is ₹307.00 and the 52-week low share price is ₹122.00. AGRITECH reached its all-time high on July 25, 2024, with the price of 309.15 INR, and its all-time low was 4.05 INR, reached on April 28, 2015.

The stock has shown significant volatility over recent periods. Over the past 6 months, the Agri-Tech (India) share price has decreased by 17.98%, and in the last one year, it has decreased by 46.63%. AGRITECH stock is 10.24% volatile and has a beta coefficient of 1.48.

Financial Performance

The company's recent financial performance reflects the challenges in the agricultural sector.

- Full Year Performance (FY2024-25): The company reported a net loss of ₹1.11 crore for the year ended March 2025, compared to a net profit of ₹9.74 crore during the previous year ended March 2024. Sales rose 12.50% to ₹0.18 crore in the year ended March 2025, from ₹0.16 crore during the previous year ended March 2024.

Quarterly Financial Highlights:

- Q4 FY25 (March 2025): Net loss reported was ₹0.26 crore for the quarter ended March 2025, against a net profit of ₹1.40 crore during the previous quarter ended March 2024. Sales were reported at ₹0.06 crore for the quarter ended March 2025. There were no sales reported during the previous quarter ended March 2024.

- Q3 FY25 (December 2024): Net loss reported was ₹0.11 crore for the quarter ended December 2024, against a net profit of ₹8.50 crore during the previous quarter ended December 2023. Sales were reported at ₹0.03 crore for the quarter ended December 2024. There were no sales reported during the previous quarter ended December 2023.

- Q1 FY25 (June 2024): Net Loss reported was ₹0.66 crore for the quarter ended June 2024, against a net loss of ₹0.30 crore during the previous quarter ended June 2023. Sales declined 20.00% to ₹0.08 crore in the quarter ended June 2024, from ₹0.10 crore during the previous quarter ended June 2023.

Key Financial Ratios and Metrics

- P/E Ratio: The P/E ratio of Agri-Tech (India) Ltd is 150.74 times as on 01-Apr-2025, a 612% premium to its peers' median range of 21.18 times. The P/E (price-to-earnings) ratio of Agri-Tech (India) Ltd (AGRITECH) is -81.40.

- P/B Ratio: The P/B (price-to-book) ratio is 0.89.

- Book Value: ₹169.

- Debt: The company maintains a relatively debt-free balance sheet and is almost debt-free.

- Operational Challenges: The company faces some operational challenges, including a low interest coverage ratio.

- Sales Growth: The company has delivered a poor sales growth of -13.9% over the past five years.

Shareholding Pattern

- Promoter Holding: Promoter holding in Agri-Tech (India) Ltd has gone up to 31.10% as of Dec 2024 from 31.10% as of Mar 2024. Promoter Holding: 30.9%. The promoter shareholding has remained stable, indicating management confidence in the company's long-term prospects.

Business Operations and Sector Classification

Agri-Tech (India) Ltd (AGRITECH) belongs to the Consumer Staples sector & Agro Products sub-sector. The company operates in the specialized niche of corporate farming with a focus on horticultural crops, particularly mango cultivation in the fertile regions of Maharashtra.

The company employs a lean operational structure. As of Apr 24, 2025, the company has 2 employees. This reflects the nature of agricultural operations where much of the work is seasonal and may involve contract farming arrangements.

Dividend Policy

No, AGRITECH does not pay any dividends to its shareholders.

- Dividend Yield: 0.00 %. The company has not declared dividends, which is consistent with companies that are reinvesting profits back into operations or facing operational challenges.

Corporate Governance and Recent Developments

The company maintains regular compliance with regulatory requirements and holds periodic board meetings to approve financial results. Agri-Tech (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled for 03/05/2025 to, inter alia, consider and approve Audited Financial Results as on 31st March 2025.

Agri-Tech (India) Limited represents an interesting investment opportunity in India's evolving agricultural sector, though investors should carefully consider the company's recent financial performance and the inherent challenges in the agricultural business before making investment decisions.