AGRITECH - Agri-Tech India

📊 NSE: AGRITECH 🏢 Miscellaneous 📅 Last Updated: 12/13/2025 17:59

💰 Financial Performance

Revenue Growth by Segment

The company operates in a single segment, Horticulture. Revenue from operations for FY 2024-25 was INR 18.02 Lakhs, representing a growth of 16.1% compared to INR 15.52 Lakhs in FY 2023-24. For the half-year ended September 30, 2025, revenue was INR 14.95 Lakhs, a 61.1% increase over INR 9.28 Lakhs in the same period last year.

Geographic Revenue Split

100% of revenue is derived from domestic operations in India, specifically from horticulture activities based in Maharashtra.

Profitability Margins

Profitability is currently negative; Net Profit Margin for FY 2024-25 was -617.4% due to a Net Loss of INR 111.26 Lakhs on revenue of INR 18.02 Lakhs. This is a significant decline from FY 2023-24, which saw a profit of INR 974.22 Lakhs, likely due to non-recurring income in the previous year.

EBITDA Margin

EBITDA (Profit before Interest & Depreciation) was negative INR 105.06 Lakhs in FY 2024-25, compared to a positive INR 1,075.22 Lakhs in FY 2023-24, reflecting a sharp decline in core operational profitability.

Capital Expenditure

The company recorded a purchase of fixed assets amounting to INR 0.33 Lakhs during the half-year ended September 30, 2025. Total Property, Plant & Equipment stood at INR 894.12 Lakhs as of September 2025.

Credit Rating & Borrowing

The company is debt-free with zero long-term and short-term borrowings as of September 30, 2025. Consequently, borrowing costs are 0%.

⚙️ Operational Drivers

Raw Materials

Horticulture inputs including seeds, fertilizers, and water represent the primary costs. Production expenses, which include these inputs, totaled INR 28.18 Lakhs in FY 2024-25, accounting for 156.4% of total revenue.

Import Sources

Raw materials and inputs are sourced locally within the state of Maharashtra, India.

Key Suppliers

Specific supplier names are not disclosed in the available documents; however, procurement is focused on agricultural inputs for fruit production.

Capacity Expansion

The company maintains biological assets valued at INR 44.32 Lakhs as of September 30, 2025. Specific MTPA capacity is not disclosed, but the focus is on maximizing yield from existing horticulture land.

Raw Material Costs

Production expenses rose by 89.6% YoY to INR 28.18 Lakhs in FY 2024-25 from INR 14.86 Lakhs in FY 2023-24, significantly outpacing revenue growth.

Manufacturing Efficiency

Manufacturing efficiency is measured by biological asset health; biological assets increased slightly in value from INR 44.04 Lakhs in March 2025 to INR 44.32 Lakhs in September 2025.

📈 Strategic Growth

Expected Growth Rate

15-20%

Growth Strategy

The company plans to capitalize on the rising global demand for fruits driven by health-conscious consumer trends. Strategy involves increasing production volumes of horticulture crops and leveraging its dedicated water infrastructure to ensure consistent supply despite climatic variations.

Products & Services

Horticulture crops, specifically various types of fruits.

Brand Portfolio

Agri-Tech (India) Limited.

Market Expansion

The company is focusing on the growing global fruit market, though specific new geographic target regions are not detailed.

Strategic Alliances

The company has no subsidiaries or disclosed joint ventures as of March 31, 2025.

🌍 External Factors

Industry Trends

The global fruit industry is growing due to health-conscious consumer behavior. The industry is shifting toward climate-resilient farming and efficient water management systems.

Competitive Landscape

The horticulture industry is highly fragmented with competition from numerous local farmers and large-scale organized agricultural firms.

Competitive Moat

The company's moat is its dedicated water pipeline from the Paithan Dam, which provides a reliable water source that many local competitors lack. This advantage is sustainable as long as the company maintains its sourcing rights and the dam levels remain viable.