Narmada Agrobase Reports Strong Q1 Results with EBITDA Margins Expanding 1140 Basis Points
Narmada Agrobase Limited, a cattle feed manufacturer, reported robust Q1 financial results. Total income reached ₹1,141.34 lakhs, with EBITDA increasing 82.01% quarter-on-quarter to ₹165.10 lakhs. EBITDA margin expanded by 1140 basis points to 14.47%. Profit After Tax grew 30.98% to ₹101.90 lakhs, with PAT margin improving by 630 basis points to 8.93%. The company attributes its performance to superior product quality and operational excellence. Future plans include expansion into Asia-Pacific markets.

*this image is generated using AI for illustrative purposes only.
Narmada Agrobase Limited , a manufacturer of cattle feed and agro-based byproducts, has reported robust financial results for the first quarter, demonstrating significant improvements in profitability and operational efficiency.
Financial Highlights
- Total Income: ₹1,141.34 lakhs
- EBITDA: ₹165.10 lakhs, up 82.01% quarter-on-quarter
- EBITDA Margin: 14.47%, expanding by 1140 basis points
- Profit After Tax (PAT): ₹101.90 lakhs, growing 30.98%
- PAT Margin: 8.93%, improving by 630 basis points
Performance Analysis
The company's performance in Q1 showcases a remarkable improvement in profitability metrics. The EBITDA margin expansion of 1140 basis points to 14.47% is particularly noteworthy, indicating enhanced operational efficiency and cost management.
Neeraj Agrawal, Chairman & Managing Director of Narmada Agrobase Limited, attributed the strong performance to the company's focus on delivering superior quality products and operational excellence. He stated, "Our continued emphasis on producing high-quality, cottonseed-based cattle feed and allied products has helped us maintain customer trust and market relevance."
Company Overview
Narmada Agrobase Limited, incorporated in 2013 and headquartered in Mehsana, Gujarat, specializes in manufacturing cottonseed-based cattle feed and allied products. The ISO 9001:2015-certified company caters to the nutritional needs of livestock across India.
Future Outlook
The company is strategically positioning itself for its next phase of growth, with plans to expand into Asia-Pacific markets. Mr. Agrawal expressed confidence in the company's ability to unlock long-term value for stakeholders through these expansion efforts and continued operational optimization.
Financial Performance Comparison
| Particulars (₹ Lakhs) | Q1 | Q4 | QoQ Change |
|---|---|---|---|
| EBITDA | 165.10 | 90.71 | 82.01% |
| EBITDA Margin | 14.47% | 3.06% | 1140 bps |
| PAT | 101.90 | 77.80 | 30.98% |
| PAT Margin | 8.93% | 2.63% | 630 bps |
The table clearly illustrates the significant improvements in the company's financial metrics compared to the previous quarter.
Narmada Agrobase Limited's strong Q1 results underscore its resilient business model and effective quality-first strategy. As the company continues to focus on operational excellence and market expansion, it appears well-positioned for sustained growth in the agri-input sector.
Historical Stock Returns for Narmada Agrobase
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.13% | -5.58% | -5.58% | +50.19% | +59.20% | +155.13% |





























