Best Agrolife's Q1 FY 2025-26 Quarterly Results

Result Summary

• Best Agrolife Ltd reported a 182.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 26.2%.
• Its expenses for the quarter were up by 57.3% QoQ and down 26.7% YoY.
• The net profit decreased 127.5% QoQ and decreased 6.4% YoY.
• The earnings per share (EPS) of Best Agrolife Ltd stood at 8.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Best Agrolife Ltd operates within the agriculture industry, focusing on the production and distribution of agrochemical products. The company is known for its range of pesticides, herbicides, and other crop protection chemicals that support sustainable farming practices. Best Agrolife Ltd plays a significant role in enhancing agricultural productivity, ensuring crop health and quality. The company's commitment to research and development has positioned it as a trusted player in the agrochemical sector. While specific recent developments are not detailed here, the industry is subject to regulatory changes and evolving market demands, which can impact operations and financial performance.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Best Agrolife Ltd reported a total income of ₹385.32 crores. This marks a significant quarter-over-quarter (QoQ) increase of 182.6% compared to ₹136.36 crores in the previous quarter (Q4FY25). However, there is a year-over-year (YoY) decline of 26.2% from ₹522.27 crores reported in the first quarter of the previous fiscal year (Q1FY25). This fluctuation in revenue can be attributed to the dynamic nature of the agrochemical market, where seasonal factors and market demand play a crucial role in sales performance.

Profitability

For Q1FY26, Best Agrolife Ltd recorded a profit before tax (PBT) of ₹25.68 crores, showing a recovery from the previous quarter's loss of ₹92.33 crores. This represents a QoQ improvement of 127.8%. When compared to the same quarter in the previous fiscal year, there is a YoY decline of 19.5% from ₹31.92 crores. The profit after tax (PAT) for Q1FY26 was ₹19.92 crores, contrasting the loss of ₹72.49 crores in Q4FY25, which shows a QoQ recovery of 127.5%. Meanwhile, YoY comparison shows a minor decrease of 6.4% from ₹21.28 crores in Q1FY25. The earnings per share (EPS) for Q1FY26 is ₹8.40, which has shown a significant QoQ recovery from a negative EPS of ₹-30.70 in Q4FY25 and a slight YoY decrease of 6.7% from ₹9.00 in Q1FY25.

Operating Metrics

The total expenses for the first quarter of FY26 amounted to ₹359.64 crores, demonstrating a QoQ increase of 57.3% from ₹228.69 crores in Q4FY25. This is coupled with a YoY reduction of 26.7% from ₹490.35 crores in Q1FY25. The tax expense for Q1FY26 was ₹5.76 crores, a reversal from a tax credit of ₹19.84 crores in Q4FY25, marking a QoQ change of 129.0%. Year-over-year, there is a reduction of 45.9% from ₹10.64 crores in Q1FY25. The data reflects fluctuations in operational expenditure and tax liabilities, which are influenced by various external and internal factors inherent in the agrochemical industry.