Narmada Agrobase Limited has delivered a strong financial performance in the third quarter of FY26, demonstrating significant revenue growth despite challenging market conditions. The Gujarat-based company, engaged in agricultural products, reported its unaudited results for the quarter ended December 31, 2025, showcasing robust operational metrics across key financial parameters.

Financial Performance Overview

The company's quarterly performance reflects strong operational execution with notable improvements in revenue generation. Total income from operations reached ₹2,135.35 lakhs in Q3 FY26, representing a substantial increase from the previous year's corresponding quarter.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Narmada Agrobase maintained steady performance across most financial metrics. The company generated total income from operations of ₹4,438.89 lakhs compared to ₹3,638.09 lakhs in the corresponding nine-month period of the previous year, reflecting a growth of 22.01%.

Investor Presentation Release

Following the strong quarterly results, Narmada Agrobase Limited has released its comprehensive investor presentation for Q3 & 9M FY26 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation, dated February 20, 2026, provides detailed insights into the company's business segments, growth drivers, and strategic initiatives.

Business Segments and Growth Strategy

The investor presentation highlights the company's diversified business portfolio spanning cattle feed and cottonseed products. The company operates with well-known brands including "Narmada Super", "Gaay Chhaap", and "Churma", maintaining a 99% client retention rate. The presentation outlines key growth drivers including product diversification with pelletized cattlefeed and molasses-enriched feed blocks, regional market expansion into Maharashtra and Punjab-Haryana, and international expansion into Southeast Asia, the Middle East, and Africa.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 13, 2026. The results comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The investor presentation and complete financial results are available on the company's website at www.narmadaagrobase.com and on stock exchange websites. The company maintains a stable capital structure with paid-up equity share capital of ₹3,793.64 lakhs.

Narmada Agrobase Limited , a leading player in the manufacturing of cattle feed and agro-based byproducts, has reported its financial results for the second quarter. The company's performance reflects its strong market presence and focus on quality products in the agriculture sector.

Financial Highlights

For Q2, Narmada Agrobase reported:

Revenue Mix and Market Presence

Narmada Agrobase operates with a balanced revenue mix:

• Cattle Feed: 52%
• Cotton Seed: 48%

The company maintains operations across three key markets:

• Gujarat
• Maharashtra
• Madhya Pradesh

Operational Performance

Narmada Agrobase has demonstrated strong performance in Q2, with revenue reflecting its focus on product quality and timely supply to livestock farmers. The company's balanced revenue mix between cattle feed and cotton seed products indicates a diversified approach to its agricultural offerings.

Conclusion

Narmada Agrobase Limited's Q2 results demonstrate the company's solid performance in the agricultural sector. With a total income of ₹1,228.16 lakhs and an EBITDA margin of 13.22%, the company shows resilience in its core business segments. As Narmada Agrobase continues to operate across Gujarat, Maharashtra, and Madhya Pradesh, its balanced product mix may contribute to its market position in the cattle feed and cotton seed markets.