Nova Agritech Past Earnings Performance
Past criteria checks 3/6
Nova Agritech has been growing earnings at an average annual rate of 31.8%, while the Chemicals industry saw earnings growing at 14.6% annually. Revenues have been growing at an average rate of 18% per year. Nova Agritech's return on equity is 14.2%, and it has net margins of 10.6%.
Key information
31.8%
Earnings growth rate
29.0%
EPS growth rate
| Chemicals Industry Growth | 17.7% |
| Revenue growth rate | 18.0% |
| Return on equity | 14.2% |
| Net Margin | 10.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Concerns Surrounding Nova Agritech's (NSE:NOVAAGRI) Performance
Nov 16
The Market Lifts Nova Agritech Limited (NSE:NOVAAGRI) Shares 36% But It Can Do More
Jul 26These 4 Measures Indicate That Nova Agritech (NSE:NOVAAGRI) Is Using Debt Reasonably Well
Jul 25Investors Still Aren't Entirely Convinced By Nova Agritech Limited's (NSE:NOVAAGRI) Earnings Despite 27% Price Jump
Jun 11Revenue & Expenses Breakdown
How Nova Agritech makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2,739 | 290 | 239 | 0 |
| 30 Jun 24 | 2,595 | 291 | 218 | 0 |
| 31 Mar 24 | 2,525 | 283 | 255 | 0 |
| 31 Dec 23 | 2,549 | 281 | 260 | 0 |
| 30 Sep 23 | 2,321 | 240 | 274 | 0 |
| 30 Jun 23 | 2,047 | 205 | 274 | 0 |
| 31 Mar 23 | 2,106 | 205 | 287 | 0 |
| 31 Mar 22 | 1,856 | 137 | 275 | 0 |
| 31 Mar 21 | 1,606 | 63 | 250 | 0 |
| 31 Mar 20 | 1,266 | 30 | 258 | 0 |
| 31 Mar 19 | 1,308 | 49 | 276 | 0 |
| 31 Mar 18 | 1,158 | 64 | 151 | 0 |
Quality Earnings: NOVAAGRI has a high level of non-cash earnings.
Growing Profit Margin: NOVAAGRI's current net profit margins (10.6%) are higher than last year (10.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NOVAAGRI's earnings have grown significantly by 31.8% per year over the past 5 years.
Accelerating Growth: NOVAAGRI's earnings growth over the past year (20.7%) is below its 5-year average (31.8% per year).
Earnings vs Industry: NOVAAGRI earnings growth over the past year (20.7%) exceeded the Chemicals industry 8%.
Return on Equity
High ROE: NOVAAGRI's Return on Equity (14.2%) is considered low.