Best Agrolife Limited Announces FY26 Results and Dividend Recommendation
Best Agrolife Limited, an agrochemical company, announced its consolidated financial results for the fiscal year ended March 31, 2026. The company’s Board of Directors held a meeting on May 27, 2026, where the audited financial statements and results for the year were considered and approved.The Board meeting included several key approvals and recommendations. The company approved the audited financial statements (standalone and consolidated) for the year ended March 31, 2026, and the audited financial results for the quarter and year ended the same date. Furthermore, the Board recommended a final dividend of 0.10/- (Lacs) per equity share for the financial year 2025-26, subject to shareholder approval. The Board also appointed M/s SHPH & Associates as the Internal Auditor for the Financial Year 2026-27.
Financial Performance Highlights
The company reported notable metrics for the financial year 2026, contrasting with the previous year's performance.For the full fiscal year (FY26), the consolidated revenue from operations stood at 1,257 crore, marking a decline from 1,914 crore reported in FY25. The EBITDA for FY26 was 100 crore, compared to 200 crore in FY25. The Profit After Tax (PAT) for FY26 stood at 9 crore, down from 70 crore in FY25. Despite the year-over-year decline in revenue, the gross margin percentage improved to 30% in FY26, compared to 29% in FY25, demonstrating improved operational efficiency amidst rising input costs.
For the fourth quarter (Q4) of FY26, revenue from operations stood at 156 crore, while the EBITDA for the quarter was (-27 crore).
| Metric | Q4 FY26 | Q4 FY25 | Year-on-Year Change | FY26 | FY25 | Year-on-Year Change |
|---|---|---|---|---|---|---|
| Revenue from operations | 156 crore | 274 crore | -430% | 1,257 crore | 1,914 crore | -310% |
| Gross Margin | 35 crore | 63 crore | -44% | 380 crore | 531 crore | -28% |
| Gross Margin % | 23% | 23% | 0% | 30% | 29% | 1% |
| EBITDA Margin | -27% | 4% | -720% | 100 crore | 200 crore | -50% |
| Profit after tax Margin | -37% | -22% | -70% | 9 crore | 70 crore | -87% |
Operational Strategy and Outlook
Speaking on the performance, the company noted its strategy of expanding its specialty and patented product portfolio. During FY26, the company expanded its patented product portfolio with three formulations (Bestman, Fetagen, and Shot Down). Looking forward, the company plans to launch four additional patented products: Futzam, Midcotin, Cubax Power Extra, and Trishanku. The company also strengthened its intellectual property portfolio with seven patents spanning insecticides, fungicides, herbicides, and Nano Urea.The company attributed the decline in revenue partly to the impact of global conflict and rising raw material prices. To mitigate this, the company curated sales in B2C segments during the last quarter to avoid lower realization rates, estimating the impact to be approximately 50-70 crore in revenues. To address cost concerns, the company implemented two rounds of price increases in May 2026, expecting these actions to correct the forward visibility.
Operationally, inventory reduction remains a key focus. Inventory levels were reduced significantly over the last two years, from 693 crore in Q4 FY23 to 1651 crore in FY25, and further to 1651 crore as of March 31, 2026. The company also reported reducing OPEX from 331 crore in FY25 to 260 crore in FY26.
Financial Statements Overview
The comprehensive financial results are presented as follows:Consolidated Statement of Assets and Liabilities (in ₹ Crores)
| Particulars | 31 March 2026 (Audited) | 31 March 2025 (Audited) |
|---|---|---|
| Total Noncurrent Assets | 374.1 | 397.65 |
| Total Current Assets | 71.1 | 113.83 |
| Total Assets | 1,311.1 crore | 1,551.93 crore |
| Total Equity | 768.1 crore | 757.51 crore |
| Total Noncurrent Liabilities | 58.1 crore | 55.06 crore |
| Total Current Liabilities | 858.1 crore | 1,949.58 crore |
| Total Equity and Liabilities | 1,686.1 crore | 1,949.58 crore |
Consolidated Statement of Cash Flows (in ₹ Crores)
| Particulars | For the year ended 31 March 2026 (Audited) | For the year ended 31 March 2025 (Audited) |
|---|---|---|
| Net profit before tax | 9.12 crore | 96.29 crore |
| Operating profit before working capital changes | 124.15 crore | 208.79 crore |
| Net cash generated from operating activities (A) | 97.4 crore | 228.16 crore |
| Net cash used in investing activities (B) | 0. crore | (29.09 crore) |
| Net cash used in financing activities (C) | 196.1 crore | (199.20 crore) |
| Net increase/(decrease) in cash and cash equivalents (A+B+C) | 1.8 crore | (0.13 crore) |
| Cash and cash equivalents at the end of the year | 34.49 crore | 32.81 crore |
BESTAGRO Stock Price Movement
Best Agrolife Limited shares today slipped by 3.26% to settle at ₹17.92. The stock traded on a volume of 875,525 shares, finding its closing point closer to the day's low of ₹17.75.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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