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The Captial Market (CapitalMarket.com) rating for Nova AgriTech IPO is 42. Their analysis recommends Avoid, However active risk seekers can try for the IPO.
| Reviewer | Rating Score | Rating |
|---|---|---|
| Capital Market | 42 | Avoid, However active risk seekers can try |
[Dilip Davda] The company is operating in a highly competitive segment of agri-input. It posted growth for the last three fiscals, but H1 of FY24 indicates static performance. Based on FY24 annualized earnings, the issue appears fully priced. Well-informed investors may park funds for the medium to long term rewards. Read detail review...
Nova AgriTech Limited peer comparison with similar listed entities. (As on March 31, 2023)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Nova AgriTech Limited | 3.27 | 3.27 | 10.09 | 13.05 | 38.27 | Consolidated | |
| Aries Agro Ltd | 13.17 | 13.17 | 186.75 | 15.44 | 6.82 | 1.09 | Consolidated |
| Aimco Pesticides Limited | -2.28 | -2.28 | 48.30 | -56.62 | -4.52 | 2.67 | Consolidated |
| Basant Agrotech Limited | 2.02 | 2.02 | 18.86 | 10.54 | 11.34 | 1.13 | Standalone |
| Best Agrolife Limited | 19.91 | 19.91 | 152.04 | 41.93 | 14.02 | 5.49 | Standalone |
| Bhagiradha Chemicals & Industries Ltd | 44.35 | 44.35 | 301.34 | 11.30 | 17.95 | 1.66 | Consolidated |
| Heranba Industries Limited | 27.52 | 27.52 | 203.96 | 13.56 | 14.39 | 1.83 | Standalone |
| India Pesticides Limited | 12.57 | 12.57 | 67.30 | 29.51 | 20.44 | 5.51 | Standalone |
| Madras Fertilizers Limited | 11.50 | 11.50 | -17.82 | 9.35 | -46.77 | -6.03 | Standalone |
| Dharmaj Crop Guard Limited | 12.03 | 12.03 | 95.10 | 21.89 | 16.30 | 2.77 | Standalone |
Source for Industry Peer information included above:
i. Closing price of these Equity Shares as on February 24, 2023 on NSE website
ii. All the financial information for listed industry peers mentioned above is consolidated (unless otherwise available only on standalone basis) and is sourced from the annual results/reports of the company for the year ended March 31, 2022.
Nova AgriTech IPO Reviews, analysis and views by popular members. Read Nova AgriTech Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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