BN Agrochem - BN Agrochem

📊 BSE: 526125 🏢 Trading & Distributors 📅 Last Updated: 11/13/2025 15:25

💰 Financial Performance

Revenue Growth by Segment

The edible oils and Agri-products trading segment remains the primary revenue driver for FY 2024-25, though specific percentage growth figures for individual segments are not disclosed in the available documents.

Geographic Revenue Split

The company operates in domestic Indian markets and is expanding internationally, specifically through the incorporation of BNPB Industries Liberia Corporation in Liberia on August 19, 2024. Specific regional percentage contributions are not disclosed.

Profitability Margins

Profitability margins (Gross, Operating, and Net %) are not explicitly stated in the provided documents, although the company aims to build scalable and profitable business models in the FMCG and agri-commodities sectors.

EBITDA Margin

EBITDA margin and core profitability figures with YoY changes are not disclosed in the available documentation.

Capital Expenditure

The company increased its Authorized Share Capital from INR 62 Crore to INR 125 Crore (an increase of INR 63 Crore) following a shareholder resolution on February 04, 2025, to support its expansion strategy.

Credit Rating & Borrowing

The company opened an International offering of 400 Foreign Currency Convertible Bonds (FCCBs) on May 21, 2024. Specific credit ratings and interest rate percentages are not disclosed.

⚙️ Operational Drivers

Raw Materials

Primary raw materials include edible oils and various agri-commodities. Specific percentage of total cost for each material is not disclosed.

Import Sources

Raw materials are sourced domestically and internationally, with a strategic focus on Liberia following the incorporation of a wholly owned subsidiary there.

Key Suppliers

Specific names of supplier companies are not disclosed in the available documents.

Capacity Expansion

The company is expanding its operations within the edible oils and agri-products trading segment and diversifying into FMCG. Specific MTPA or unit capacity figures are not disclosed.

Raw Material Costs

Raw material costs as a percentage of revenue and YoY changes are not disclosed. Procurement strategies focus on building resilient supply chains for agri-commodities.

Manufacturing Efficiency

Capacity utilization percentages and specific manufacturing efficiency metrics are not disclosed.

Logistics & Distribution

Distribution costs as a percentage of revenue are not disclosed.

📈 Strategic Growth

Growth Strategy

Growth will be achieved through diversification into FMCG and agri-commodities, expanding international presence (specifically in Liberia), and scaling profitable business models. The company also strengthened its capital base by increasing authorized capital by INR 63 Crore and converting FCCBs and warrants into equity.

Products & Services

The company sells edible oils, FMCG products, and agri-commodities to domestic and international customers.

Brand Portfolio

Specific brand names owned by the company are not disclosed in the provided snippets.

New Products/Services

The company is diversifying into the FMCG and agri-commodities sectors to create sustainable, long-term value. Expected revenue contribution percentages are not disclosed.

Market Expansion

Market expansion plans target the international FMCG space, with a specific focus on Liberia through the incorporation of BNPB Industries Liberia Corporation in August 2024.

Market Share & Ranking

Market share percentage and industry ranking are not disclosed.

Strategic Alliances

Strategic allotments were made to Wave Capital Limited (6,02,797 shares) and Global Focus Fund (1,79,34,782 shares) upon conversion of FCCBs and warrants, respectively.

🌍 External Factors

Industry Trends

The edible oil and FMCG sectors are growing globally. The industry is shifting toward sustainable innovation and eco-friendly practices. The company is positioning itself as a leader by integrating sustainability into its long-term strategy.

Competitive Landscape

Key competitors are not named, but the company operates in the competitive edible oils and FMCG sectors.

Competitive Moat

The company's moat is built on its strategic positioning in the edible oil trading segment, which is its primary revenue driver, and its commitment to sustainable innovation and ethical conduct.

Macro Economic Sensitivity

The company is sensitive to market volatility and regulatory shifts, though specific impact percentages are not disclosed.

Consumer Behavior

There is an increasing consumer trend toward nutritious, quality products and sustainable innovation, which the company aims to address through its vision of building a healthy nation.

Geopolitical Risks

Geopolitical risks are associated with international expansion into regions like Liberia, which could impact supply chain stability.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by the Companies Act 2013, FEMA (for FDI/ODI/ECB), and SEBI Listing Regulations. The company altered its MOA in February 2025 to expand its main objects (Sub-clauses 8-16).

Environmental Compliance

The company is adopting eco-friendly practices in its supply chain, production, and packaging. Specific ESG compliance costs in INR are not disclosed.

Taxation Policy Impact

Specific tax rate percentages and fiscal policy impacts are not disclosed.

Legal Contingencies

The secretarial audit report for FY 2024-25 indicates compliance with applicable laws. Specific pending court case values in INR are not disclosed.

⚠️ Risk Analysis

Key Uncertainties

Key business risks include market volatility, currency fluctuations, regulatory shifts, and supply chain disruptions. Potential impact percentages are not disclosed.