During Thursday’s trading session, the shares of a micro-cap company engaged in manufacturing and supplying pesticides and agrochemicals are in focus on NSE, after securing an order from National Fertilizers Limited, a Navratna company.
Price Movement:
With a market cap of Rs. 95.3 crores, at 11:20 a.m., the shares of Aristo Bio-Tech and Lifescience Limited were trading in the red at Rs. 140 on NSE, down by nearly 2 percent, as compared to its previous closing price of Rs. 143.
The stock hit its 52-week high at Rs. 164 on 6th November 2024, and compared to its current price levels, the stock is trading at a discount of nearly 15 percent.
What’s the News:
As per the latest regulatory filings with the NSE, Aristo Bio-Tech and Lifescience Limited has received a Letter of Intent (LOI) worth nearly Rs. 2.46 crores from National Fertilizers Limited. The order involves the supply of various agrochemicals and is to be executed by or before 30th September 2025, from the date of the LOI issuance. As per the agreement, payment will be made within 90 days from the invoice date.
The company stated that this order is expected to expand its customer base and positively contribute to its profitability.
About the Awarding Entity:
Incorporated in 1974, National Fertilizers Limited (NFL) is a Navratna company engaged in the manufacturing and marketing of a variety of agricultural and industrial products.
These include Neem Coated Urea, four types of Bio-Fertilisers (solid & liquid), Bentonite Sulphur, as well as industrial chemicals such as Ammonia, Nitric Acid, Ammonium Nitrate, Sodium Nitrite, and Sodium Nitrate. The brand name of the company is popularly known in the market as ‘KISAN’.
NFL has an authorised capital of Rs. 1000 crore and a paid-up capital of Rs. 490.58 crore, out of which the Government of India hold a 74.71 percent stake, while the remaining 25.29 percent is held by financial institutions & others.
In addition, NFL has also started certified seeds production under its Seeds Multiplication Program, with seeds marketed under its brand name, Kisan Beej.
Previous Updates:
13th February: Aristo Bio-Tech received three purchase orders aggregating to ~Rs. 2.02 crores from Shanmukha Agritec Limited for the supply of various agrochemicals, including 2,4-D Dimethyl Amine Salt 58% SL, Atrazine Technical 97%, and Glyphosate Technical.
27th March: The company secured another order worth ~Rs. 4.06 crores from National Fertilizers Limited for the supply of various agrochemicals.
Financials:
Aristo Bio-Tech reported a significant growth in revenue from operations, experiencing a year-on-year increase of nearly 61 percent, rising from Rs. 133 crores in H1 FY24 to Rs. 214 crores in H1 FY25.
Similarly, during the same period, the company’s net profit increased from Rs. 3 crores to Rs. 5 crores, representing a rise of around 66.6 percent YoY.
About the company:
Aristo Bio-Tech and Lifescience Limited is an agrochemical company engaged in the business of manufacturing, formulation, supplying, packaging and job work services in various pesticides such as insecticides, herbicides, fungicides, plant growth regulators and a wide range of other agrochemicals for India as well as for export.
Written by Shivani Singh
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