Narmada Agrobase logo

Narmada Agrobase share price

NSE: NARMADABSE: 543643Food ProductsSmall Cap

Last close ₹9.99down ₹0.14 (1.38%)BSE ₹10.05

Share price at the NSE close on 23 Oct 2026. Previous close ₹10.13.

52-week range of traded prices to 23 Oct 2026
₹9.55Low, 23 Oct 2026₹22.59High, 10 Jun 2026
Market cap
₹76 Cr2,749th largest listed
P/E
21.1
P/B
1.3
Dividend yield
Nonein the last 12 months
ROE
6.2%
ROCE
6.3%
Debt to equity
0.17
Volume, NSE
2,17,61468.8% delivered

Share price

Daily closes since Apr 2018, adjusted for splits and bonuses

−18.6%over a year

ResultsSplit, bonus, rights or demerger20-session average 4,62,201 shares a day, 55.5% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹22 Crdown 34.53%
Net profit
₹0.75 Crdown 5.57%
Net margin
3.4%

Revenue by year

Peak revenue ₹78 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 14 NovDec 2024Filed 14 FebMar 2025Filed 13 JunJun 2025Filed 6 AugSep 2025Filed 14 NovDec 2025Filed 13 FebMar 2026Filed 25 JulJun 2026Filed 14 Aug
Revenue10.313.829.311.112.021.434.022.3
Net profit1.31.00.81.01.01.00.80.8
Net margin12.6%7.2%2.7%9.2%8.6%4.7%2.3%3.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Agriculture produces, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 25% of 722 trading days over the last 3 years.

LowestHighest
Its median28.4Industry median17.3
Price to book

At or below today's level on 6% of 569 trading days over the last 3 years.

LowestHighest
Its median1.8Industry median2.8
EV to EBITDA16.4

At or below today's level on 31% of 569 trading days over the last 3 years.

LowestHighest
Its median19.8

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+86.3%−5.6%+97.4%0.0%
3 years+9.7%+28.6%−14.7%0.0%
5 years+24.4%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters50.30%
  • Foreign institutions0.11%
  • Indian institutions6.50%
  • Individuals and others43.10%
Holder
NEERAJKUMAR S AGARWALPromoter25.07%
CHANAKYA OPPORTUNITIES FUND IAlternative investment funds6.50%
ABHISHEK S AGARWALPromoter6.27%
RAXITA ABHISHEK AGRAWALPromoter5.87%
SURESH CHANDRA GUPTAPromoter4.66%
MONIKA NEERAJ AGARWALPromoter4.31%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Animal Feed, 9 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Narmada Agrobase in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Godrej Agrovet logoGodrej AgrovetGODREJAGRO11,68926.35.815.4+8.6%−2.4%20.1%16.7%1.81%
Avanti Feeds logoAvanti FeedsAVANTIFEED9,20617.32.813.7+11.4%−8.3%17.4%15.6%1.48%
Mukka Proteins logoMukka ProteinsMUKKA72710.51.59.7+76.0%+59.1%14.7%10.0%0.00%
KSE logoKSEKSE55411.91.69.1+5.1%−58.4%14.4%13.7%7.21%
Shivam Chemicals logoShivam ChemicalsSHIVAM26042.06.2–+26.8%+195.7%16.1%–0.00%
Waterbase logoWaterbaseWATERBASE170–1.2–+31.4%–−6.9%−5.4%0.00%
Mayank Cattle Food logoMayank Cattle FoodMCFL12320.53.2–+3.1%+21.0%17.2%–0.00%
Ajooni Biotech logoAjooni BiotechAJOONI5313.5––+78.4%–4.4%4.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.03 a share, year to Mar 2019.
Ex-dateTypePer share
18 Sep 2019Final₹0.10
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Narmada Agrobase share price by year

Each calendar year to 2025.Narmada Agrobase share price history

YearClose at year endChangeHighest closeLowest close
202510.72+0.3%13.737.63
202410.69−3.9%16.807.50
202311.13−8.2%13.689.38
202212.13+88.0%13.206.18
20216.45+9.8%7.554.78
20205.88+5.2%8.355.56
20195.58+0.5%7.644.86
20185.56–9.005.56
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 19 Apr 2018. The close is the year's last trade for 2021 (13 Dec 2021) and 2020 (1 Dec 2020).

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202610.3010.349.559.999.982,17,61468.8%
22 Oct 202610.2210.4710.0010.1310.132,12,29372.0%
21 Oct 202611.4011.4010.0010.2310.373,29,90461.8%
19 Oct 202611.6611.6610.9610.9711.111,19,90773.2%
16 Oct 202611.4411.6011.0211.3611.252,65,11068.3%
15 Oct 202612.0012.1311.3411.4411.542,86,77055.4%
14 Oct 202611.2012.5010.7511.9311.4712,27,66931.6%
13 Oct 202610.9911.0010.5010.7510.703,18,27558.8%
12 Oct 202611.1411.4410.7510.8610.972,25,07563.2%
9 Oct 202611.0511.4911.0111.1311.161,91,44067.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
31 Jul 2026Split0.5000Each share became 2.
13 Sep 2024Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
13 Sep 2024Price move–A corporate action went ex within three days of this move (Rights 9:5 @ Premium Rs 5/-, ex-date 13 Sep 2024), and its terms do not account for the move. Not adjusted for.
25 Feb 2020Bonus0.5556Holders received 4 bonus shares for every 5 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Legal name
Narmada Agrobase Limited
NSE symbol
NARMADA
BSE code
543643
ISIN
INE117Z01029
Industry
Food Products
Listed
Apr 2018 on NSE, Oct 2022 on BSE
Face value
₹5
CIN
L15494GJ2013PLC073468
Corporate identity number, the registrar of companies' code for it