Best Agrolife (NSEI:BESTAGRO) - Share price, News & Analysis

BESTAGRO fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	6/6
Financial Health	4/6
Dividends	1/6

BESTAGRO Stock Overview

Best Agrolife Limited manufactures and trades in agrochemical and pesticide products in India.

Rewards

Earnings grew by 240.2% over the past year

Risk Analysis

Volatile share price over the past 3 months

Shareholders have been diluted in the past year

Best Agrolife Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Best Agrolife
Historical stock prices
Current Share Price	₹817.50
52 Week High	₹1,407.80
52 Week Low	₹272.60
Beta	-0.16
1 Month Change	-14.56%
3 Month Change	-14.72%
1 Year Change	179.11%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	65.24%

Recent News & Updates

Feb 24

Does Best Agrolife (NSE:BESTAGRO) Deserve A Spot On Your Watchlist?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

	BESTAGRO	IN Chemicals	IN Market
7D	4.2%	2.7%	3.4%
1Y	179.1%	12.4%	9.5%

Return vs Industry: BESTAGRO exceeded the Indian Chemicals industry which returned 12.4% over the past year.

Return vs Market: BESTAGRO exceeded the Indian Market which returned 9.5% over the past year.

Price Volatility

Is BESTAGRO's price volatile compared to industry and market?
BESTAGRO volatility
BESTAGRO Average Weekly Movement	9.6%
Chemicals Industry Average Movement	7.1%
Market Average Movement	7.2%
10% most volatile stocks in IN Market	9.9%
10% least volatile stocks in IN Market	4.8%

Stable Share Price: BESTAGRO is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: BESTAGRO's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

Founded	Employees	CEO	Website
1992	160	Vimal Kumar	https://www.bestagrolife.com

Best Agrolife Limited manufactures and trades in agrochemical and pesticide products in India. It offers insecticides, herbicides, fungicides, and plant growth regulator (PGR) products in various technicals and formulations. The company’s PGR products include various activators and soil conditioners.

Best Agrolife Fundamentals Summary

How do Best Agrolife's earnings and revenue compare to its market cap?
BESTAGRO fundamental statistics
Market Cap	₹19.36b
Earnings (TTM)	₹918.76m
Revenue (TTM)	₹11.10b

21.1x

P/E Ratio

1.7x

P/S Ratio

Is BESTAGRO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BESTAGRO income statement (TTM)
Revenue	₹11.10b
Cost of Revenue	₹9.21b
Gross Profit	₹1.88b
Other Expenses	₹963.14m
Earnings	₹918.76m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	38.86
Gross Margin	16.96%
Net Profit Margin	8.28%
Debt/Equity Ratio	38.7%

How did BESTAGRO perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

5%

Payout Ratio

Valuation

Is Best Agrolife undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

21.07x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: BESTAGRO (₹817.5) is trading above our estimate of fair value (₹29.3)

Significantly Below Fair Value: BESTAGRO is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: BESTAGRO is poor value based on its PE Ratio (21.1x) compared to the Indian Chemicals industry average (18.4x).

PE vs Market: BESTAGRO is poor value based on its PE Ratio (21.1x) compared to the Indian market (20.5x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BESTAGRO's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: BESTAGRO is overvalued based on its PB Ratio (11x) compared to the IN Chemicals industry average (2.3x).

Future Growth

How is Best Agrolife forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

18.9%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Best Agrolife has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Best Agrolife performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

76.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BESTAGRO has high quality earnings.

Growing Profit Margin: BESTAGRO's current net profit margins (8.3%) are higher than last year (3.1%).

Past Earnings Growth Analysis

Earnings Trend: BESTAGRO's earnings have grown significantly by 76.4% per year over the past 5 years.

Accelerating Growth: BESTAGRO's earnings growth over the past year (240.2%) exceeds its 5-year average (76.4% per year).

Earnings vs Industry: BESTAGRO earnings growth over the past year (240.2%) exceeded the Chemicals industry 34.5%.

Return on Equity

High ROE: BESTAGRO's Return on Equity (52%) is considered outstanding.

Financial Health

How is Best Agrolife's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: BESTAGRO's short term assets (₹4.9B) exceed its short term liabilities (₹3.4B).

Long Term Liabilities: BESTAGRO's short term assets (₹4.9B) exceed its long term liabilities (₹177.5M).

Debt to Equity History and Analysis

Debt Level: BESTAGRO's net debt to equity ratio (29.5%) is considered satisfactory.

Reducing Debt: BESTAGRO's debt to equity ratio has increased from 1.2% to 38.7% over the past 5 years.

Debt Coverage: BESTAGRO's debt is not well covered by operating cash flow (18.7%).

Interest Coverage: BESTAGRO's interest payments on its debt are well covered by EBIT (18.5x coverage).

Balance Sheet

Dividend

What is Best Agrolife current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.24%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BESTAGRO's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: BESTAGRO's dividend (0.24%) is low compared to the top 25% of dividend payers in the Indian market (1.6%).

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, BESTAGRO has been paying a dividend for less than 10 years.

Growing Dividend: BESTAGRO's dividend payments have increased, but the company has only paid a dividend for 6 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (5.1%), BESTAGRO's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: BESTAGRO is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure

CEO

Vimal Kumar (43 yo)

1.75yrs

Tenure

₹5,433,264

Compensation

Mr. Vimal Kumar serves as a Managing Director at Best Agrolife Limited since August 14, 2020 and serves as its Director since August 16, 2019 whereas he was associated with Best Agrochem Private Limited as...

CEO Compensation Analysis

Compensation vs Market: Vimal's total compensation ($USD69.83K) is below average for companies of similar size in the Indian market ($USD186.35K).

Compensation vs Earnings: Vimal's compensation has increased by more than 20% in the past year.

Leadership Team

Experienced Management: BESTAGRO's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Experienced Board: BESTAGRO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: BESTAGRO insiders have only sold shares in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.3%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/22 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2021/12/31
Annual Earnings	2021/03/31