Bharat Agri Fert & Realty (BSE 531862)₹20.64+0.19%Fertilizers
In the Mar 2026 quarter (standalone), Bharat Agri Fert & Realty reported sales of ₹6.21 Cr, down 12.2% from Mar 2025, and net profit of ₹1.22 Cr, down 71.4% year on year. For the year to Mar 2026, sales were ₹22.52 Cr and net profit −₹5.02 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.52 | 5.05 | 5.68 | 5.05 | 5.56 | 6.58 | 6.18 | 7.07 | 5.57 | 5.39 | 5.36 | 6.21 |
| Expenses | 7.53 | 6.05 | 7.05 | 4.24 | 5.31 | 7.08 | 6.53 | 4.46 | 3.82 | 4.47 | 5.76 | 2.05 |
| Operating Profit | −1.04 | −1.04 | −1.41 | 0.80 | 0.24 | −0.53 | −0.38 | 2.60 | 1.74 | 0.91 | −0.43 | 4.15 |
| OPM % | −15.8% | −20.5% | −24.7% | 15.6% | 4.1% | −7.9% | −6.0% | 36.6% | 31.1% | 16.7% | −7.9% | 66.8% |
| Other Income | 0.69 | 0.35 | −1.50 | 7.37 | 0.79 | 0.46 | 0.85 | 5.14 | 1.20 | 0.33 | 0.13 | 0.31 |
| Interest | 0.88 | 0.76 | 0.37 | 1.64 | 0.87 | 1.12 | 0.88 | 2.73 | 1.76 | 1.95 | 2.07 | 1.28 |
| Depreciation | 0.85 | 0.88 | 0.87 | 1.20 | 0.96 | 1.10 | 1.14 | 1.26 | 1.38 | 1.41 | 1.95 | 1.75 |
| Profit before tax | −2.07 | −2.32 | −4.16 | 5.31 | −0.81 | −2.28 | −1.54 | 3.73 | −0.21 | −2.13 | −4.31 | 1.40 |
| Tax % | 1.4% | −0.4% | 1.9% | −2.6% | −94.0% | −0.9% | −33.6% | −13.9% | 54.5% | −4.7% | −10.3% | 12.7% |
| Exceptional items | 0.00 | 0.00 | −2.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | −2.09 | −2.31 | −4.24 | 5.46 | −0.04 | −2.26 | −1.02 | 4.26 | −0.33 | −2.03 | −3.87 | 1.22 |
| EPS (Rs) | −0.41 | −0.45 | −0.81 | 1.04 | −0.02 | −0.44 | −0.20 | 0.82 | −0.07 | −0.40 | −0.74 | 0.24 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 51.65 | 44.03 | 33.48 | 45.33 | 22.64 | 25.67 | 23.03 | 29.24 | 22.28 | 25.37 | 22.52 | 22.53 |
| Expenses | 49.40 | 41.51 | 30.98 | 45.44 | 26.44 | 27.83 | 20.97 | 32.28 | 25.64 | 23.39 | 16.08 | 16.10 |
| Operating Profit | 2.12 | 2.40 | 2.42 | −0.28 | −3.90 | −2.26 | 2.02 | −3.11 | −3.44 | 1.93 | 6.38 | 6.37 |
| OPM % | 4.1% | 5.4% | 7.2% | −0.6% | −17.3% | −8.8% | 8.7% | −10.6% | −15.5% | 7.5% | 28.3% | 28.3% |
| Other Income | 0.67 | 1.07 | 1.97 | 1.92 | 1.07 | 0.44 | 3.36 | 1.53 | 6.93 | 7.27 | 1.99 | 1.97 |
| Interest | 0.74 | 1.84 | 1.21 | 2.19 | 1.46 | 1.75 | 2.07 | 3.42 | 2.92 | 5.62 | 7.09 | 7.06 |
| Depreciation | 2.18 | 2.59 | 2.99 | 3.07 | 2.67 | 2.31 | 2.72 | 3.31 | 3.83 | 4.48 | 6.50 | 6.49 |
| Profit before tax | −0.14 | −0.97 | 0.16 | −3.61 | −6.94 | −5.86 | 0.56 | −8.29 | −3.23 | −0.91 | −5.25 | −5.25 |
| Tax % | 40.0% | −7.2% | 94.1% | −7.2% | 0.0% | 2.0% | 10.5% | −0.7% | −1.2% | −200.0% | −4.6% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.01 | 0.00 | 0.00 | 0.00 |
| Net Profit | −0.20 | −0.90 | 0.00 | −3.35 | −6.94 | −5.99 | 0.50 | −8.23 | −3.19 | 0.91 | −5.02 | −5.01 |
| EPS (Rs) | −0.05 | −0.18 | 0.00 | −0.65 | −1.33 | −1.14 | 0.11 | −1.57 | −0.62 | 0.18 | −0.96 | −0.97 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | −8.2% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.31 | 5.31 | 5.31 | 5.31 | 5.31 | 5.31 | 5.31 | 5.31 | 5.31 | 5.31 | 5.31 | 5.31 |
| Reserves | 71.51 | 71.20 | 71.84 | 70.81 | 67.46 | 60.59 | 54.91 | 55.61 | 47.30 | 43.93 | 45.01 | 38.93 |
| Borrowings | 14.74 | 19.77 | 14.33 | 17.52 | 14.74 | 14.49 | 18.28 | 23.00 | 27.02 | 45.21 | 67.31 | 84.80 |
| Other Liabilities | 15.43 | 23.81 | 18.35 | 17.48 | 26.96 | 15.90 | 16.42 | 15.69 | 15.85 | 13.40 | 29.10 | 113 |
| Total Liabilities | 107 | 120 | 110 | 111 | 114 | 96.29 | 94.92 | 99.61 | 95.48 | 108 | 147 | 242 |
| Fixed Assets | 17.55 | 21.90 | 23.57 | 26.02 | 23.60 | 21.19 | 19.30 | 26.37 | 28.92 | 31.50 | 34.80 | 41.05 |
| CWIP | 3.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.28 | 0.00 | 0.00 | 0.54 | 7.22 | 30.45 |
| Investments | 0.01 | 0.87 | 0.87 | 0.87 | 0.36 | 0.36 | 0.36 | 0.39 | 0.34 | 0.98 | 0.30 | 0.14 |
| Other Assets | 85.97 | 97.32 | 85.39 | 84.23 | 90.51 | 74.74 | 67.98 | 72.85 | 66.22 | 74.83 | 104 | 171 |
| Inventories | 37.11 | 49.17 | 39.13 | 36.12 | 39.09 | 32.11 | 30.11 | 32.09 | 37.12 | 48.13 | 69.14 | 124 |
| Trade receivables | 10.96 | 14.94 | 12.96 | 11.96 | 12.95 | 11.97 | 9.97 | 9.97 | 0.99 | 0.00 | 0.99 | 0.00 |
| Cash & equivalents | 17.94 | 1.99 | 0.99 | 5.99 | 2.99 | 0.00 | 1.99 | 0.99 | 0.99 | 1.99 | 3.99 | 5.98 |
| Total Assets | 107 | 120 | 110 | 111 | 114 | 96.29 | 94.92 | 99.61 | 95.48 | 108 | 147 | 242 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −8.52 | −16.12 | 10.38 | 10.29 | 0.64 | −0.36 | 9.45 | 7.50 | 5.22 | −14.73 | −7.56 | 25.42 |
| Cash from investing activity | −1.03 | −4.44 | −5.11 | −6.97 | −0.64 | 1.85 | −7.62 | −9.77 | −5.72 | 2.17 | −12.87 | −35.30 |
| Cash from financing activity | 7.39 | 3.33 | −5.25 | 1.21 | −4.53 | −1.49 | −1.75 | 2.19 | 0.56 | 13.52 | 19.48 | 10.47 |
| Net cash flow | −2.17 | −17.26 | 0.00 | 4.53 | −4.54 | 0.00 | 0.07 | −0.06 | 0.07 | 0.98 | −0.92 | 0.59 |
| Capex | 3.72 | 2.61 | 4.41 | 5.46 | 0.75 | 0.35 | 0.43 | 9.85 | 5.92 | 4.39 | 10.54 | 12.93 |
| Free cash flow | −12.28 | −18.81 | 6.20 | 4.87 | −0.04 | −0.71 | 1.81 | −2.31 | −0.68 | −19.72 | −22.03 | −10.53 |
| CFO / OP % | −48.0% | −714.9% | 441.1% | 437.1% | −240.9% | 10.1% | −420.9% | 374.1% | −169.0% | 426.1% | −377.9% | 419.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 69 | 104 | 105 | 130 | 102 | 186 | 146 | 156 | 11 | 6 | 20 | 0 |
| Inventory days | 497 | 605 | 597 | 881 | 716 | 1,255 | 921 | 2,205 | 1,608 | 4,738 | — | — |
| Days payable | 91 | 201 | 164 | 246 | 359 | 321 | 286 | 544 | 339 | 554 | — | — |
| Cash conversion cycle | 475 | 508 | 538 | 764 | 459 | 1,120 | 781 | 1,817 | 1,279 | 4,190 | 21 | 1 |
| Working capital days | 155 | 248 | 283 | 217 | 182 | 368 | 176 | 209 | 157 | 401 | 368 | 63 |
| ROCE % | 14.9% | 0.7% | 0.9% | 1.5% | −1.5% | −6.5% | −5.2% | 3.2% | −6.1% | −6.6% | 4.5% | 1.5% |
For the Mar 2026 quarter, Bharat Agri Fert & Realty reported sales of ₹6.21 Cr, down 12.2% year on year and net profit of ₹1.22 Cr, down 71.4% year on year. The operating margin was 66.8%.
Bharat Agri Fert & Realty's sales for the year to Mar 2026 were ₹22.52 Cr; over the last twelve months they were ₹22.53 Cr.
Net profit for the year to Mar 2026 was −₹5.02 Cr, and −₹5.01 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.97.
Bharat Agri Fert & Realty reported borrowings of ₹84.80 Cr at Mar 2026, against cash and equivalents of ₹5.98 Cr.
Cash from operations was ₹25.42 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹10.53 Cr.