Synopsis:
Spright Agro secured a Rs. 283.78 crore annual contract for oilseeds supply in FY26. The deal covers five key oilseed products with fixed rates and quarterly deliveries. This boosts the company’s business outlook significantly.
Known for producing and supplying a wide range of oilseeds, the company has recently secured a major order worth Rs. 283.78 crore for FY 2025–26. This annual contract involves supplying seeds at fixed quarterly rates, driving investor excitement as the stock jumped 4% following the announcement.
Spright Agro Limited‘s stock, with a market capitalisation of Rs. 108 crores, rose to Rs. 1.01 hitting a high of up 4.12 percent from its previous closing price of Rs. 0.97. However, the stock over the past year has given a negative return of 83.7 percent.
Contract Details
The contract between Spright Agro Limited and Naadir Traders Private Limited is valued at Rs. 283,77,87,500 (about Rs. 283.77 crores) for the supply of oilseeds in FY 2025–26. The agreement includes fixed rates and quantity targets for five different types of oilseeds, with quarterly dispatches planned throughout the year.
Here are the main product details:
- Natural Soybean Oil Seeds: 3,275 MT at Rs. 45.50/kg, totaling Rs. 14,89,62,500.
- Celastrus Paniculatus (Malkangani) Oil Seeds: 205 MT at Rs. 155.00/kg, totaling Rs. 3,17,75,000.
- Dry Seeds Natural Alsi (Flax Seeds): 1,825 MT at Rs. 70.00/kg, totaling Rs. 12,77,50,000.
- Black Sunflower Oil Seeds: 740 MT at Rs. 98.00/kg, totaling Rs. 7,25,20,000.
- White Hulled Sunflower Seeds: 910 MT at Rs. 205.00/kg, totaling Rs. 18,65,50,000 per consignment, with five consignments planned.
The contract specifies up to ±5% flexibility in quantity per shipment due to seasonal changes. Deliveries are exempt from GST as they are agricultural products. This agreement is a non-related, arm’s length commercial transaction and is expected to significantly support Spright Agro Limited’s earnings and operational stability for the year.
Q1 Financial Highlights
The company reported a robust performance in Q1FY26, with revenue at Rs. 62.03 crore, marking a 17.3% YoY increase from Rs. 52.88 crore in Q1FY25, and a sharp 1,928% QoQ jump from Rs. 3.06 crore in Q4FY25. Profit stood at Rs. 9.15 crore, up 46.4% YoY from Rs. 6.25 crore and significantly higher compared to a loss of Rs. 0.71 crore in the previous quarter.
Over the past three years, the company achieved exceptional growth, delivering a profit CAGR of 1,151% and a sales CAGR of 145%. The strong QoQ surge shows a remarkable recovery momentum, while steady YoY gains indicate sustained operational and financial improvement.
Written By Fazal Ul Vahab C H
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