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Narmada Agrobase Ltd Q2 FY26 Results

NARMADAQ2 FY26 Results
Filing
MetricValue (₹ Cr)Q1 FY26Q2 FY25
Revenue11.957.9%16.2%
Total Income12.287.6%19.3%
Expenditure10.918.5%28.1%
PBT1.370.7%22.9%
Net Profit1.030.7%20.7%
OPM10.84%1.07pp3.45pp
NPM8.36%0.57pp4.21pp
EPS0.270.0%71.9%
View full financials

Narmada Agrobase Ltd Reports 19% YoY Revenue Growth in Q2 FY26, Total Income of 2,369.51 Lakhs in H1 FY26

15 Nov 2025 · 15 Nov 2025, 05:32 pm

Summary

Narmada Agrobase Ltd has reported a 19% YoY increase in Q2 revenue, total income of 1,228.16 lakhs and 204.56 lakhs in Q2 FY26 and H1 FY26 respectively, and EBITDA margins of 13.22% and 13.82% in Q2 FY26 and H1 FY26 respectively. The company's performance is driven by its focus on quality and timely supply to livestock farmers, and its expanding market reach.

Key Highlights

  1. 1

    19% YoY revenue growth in Q2 FY26

  2. 2

    Total income of 1,228.16 lakhs in Q2 FY26 and 2,369.51 lakhs in H1 FY26

  3. 3

    EBITDA of 162.38 lakhs in Q2 FY26 and 327.48 lakhs in H1 FY26

  4. 4

    EBITDA margins of 13.22% in Q2 FY26 and 13.82% in H1 FY26

  5. 5

    Net profit of 102.66 lakhs in Q2 FY26 and 204.56 lakhs in H1 FY26

  6. 6

    Net profit margins of 8.36% in Q2 FY26 and 8.63% in H1 FY26

  7. 7

    Diluted EPS of 0.27 in Q2 FY26 and 0.54 in H1 FY26

  8. 8

    Strong resilience in Q2 FY26

  9. 9

    Healthy volume expansion in core cattle feed segment

  10. 10

    Steady demand amid rising dairy and poultry activities

  11. 11

    Elevated raw material costs, particularly cottonseed and allied inputs

  12. 12

    Focus on value-added cattle feed and allied agro-based products

  13. 13

    Strong customer relationships and a growing market presence

  14. 14

    Revenue of 36,633.91 lakh, EBITDA of 3,623.82 lakh, and Profit After Tax (PAT) of 408.79 lakh in FY25

Management Comments

M

Mr Neeraj Agrawal

Chairman & Managing Director of Narmada Agrobase Limited

We have demonstrated strong resilience in Q2 FY26, with revenue growth reflecting our unwavering focus on quality and timely supply to livestock farmers across Gujarat and beyond. The 19% YoY increase in Q2 revenue underscores healthy volume expansion in our core cattle feed segment, supported by steady demand amid rising dairy and poultry activities. However, our EBITDA margins faced pressure due to elevated raw material costs, particularly cottonseed and allied inputs. Our focus on value-added cattle feed and allied agro-based products continues to yield positive results, supported by strong customer relationships and a growing market presence. As we move forward, we remain committed to driving sustainable growth through innovation, process optimization, and prudent financial management. With our strong foundation and expanding market reach, we are confident of maintaining our growth momentum in the coming quarters and creating lasting value for all stakeholders.

Informational and educational content only. Not investment advice.