Nova Agritech
29.05
+0.53(+1.86%)
Market Cap₹268.77 Cr
PE Ratio14.34
IndustryChemicals
Company Performance:
1D+1.86%
1M+5.41%
6M-37.12%
1Y-34.57%
5Y-49.70%
View Company Insightsright
More news about Nova Agritech
11Mar 26
Nova Agritech Promoter Group Member Acquires 884 Equity Shares Through Open Market Transactions
Atukuri Soujanya from Nova Agritech Limited's promoter group acquired 884 equity shares (0.0009%) through open market transactions on March 5 and 9, 2026. The acquisition increased total holding from 10,709 shares (0.011%) to 11,593 shares (0.0119%). The disclosure was made under SEBI regulations with proper compliance undertakings. Nova Agritech's share capital remains at 9,25,19,813 equity shares of ₹2 each, listed on BSE and NSE.
 no imag found
26Feb 26
Nova Agritech Promoter Group Member Acquires 5,000 Equity Shares Worth ₹1.50 Lakh
Promoter group member Atukuri Soujanya acquired 5,000 equity shares of Nova Agritech Limited worth ₹1.50 lakh through open market purchase on NSE on February 23, 2026. The transaction increased Soujanya's shareholding from 5,709 shares (0.006%) to 10,709 shares (0.011%). The acquisition was disclosed in compliance with SEBI insider trading and substantial acquisition regulations, with appropriate undertakings provided regarding no access to unpublished price sensitive information.
 no imag found
23Feb 26
CARE Ratings Revises Nova Agritech's Outlook to Negative Amid Bio-Stimulant Regulatory Impact
CARE Ratings revised Nova Agritech Limited's outlook from Stable to Negative while maintaining CARE BBB rating on ₹30.99 crore facilities due to regulatory disruptions in bio-stimulants segment and deteriorating working capital metrics. The government's cancellation of over 8,000 bio-stimulant registrations significantly impacted Q3FY26 performance, with the segment contributing 30% of revenue. Company's liquidity became stretched with 96% cash credit utilization and receivables of ₹214 crore. However, Nova Agritech received 43 product approvals in January 2026, potentially supporting future recovery.
 no imag found
12Feb 26
Nova Agritech Reports Q3FY26 Financial Results with Decline in Revenue
Nova Agritech Limited reported Q3FY26 results showing revenue decline on both standalone and consolidated basis. Standalone revenue fell to ₹2,446.79 lakhs from ₹4,322.53 lakhs YoY, while net profit dropped to ₹148.33 lakhs from ₹558.16 lakhs. Consolidated revenue decreased to ₹6,654.57 lakhs from ₹8,818.91 lakhs, with net profit declining to ₹261.23 lakhs from ₹1,055.80 lakhs in Q3FY25.
 no imag found
21Jan 26
Nova Agritech Receives License Amendment for Biostimulants Production from Telangana Government
Nova Agritech has obtained a license amendment from the Telangana Government permitting biostimulants production at its formulation plant. This regulatory approval enables the company to expand its product range and manufacturing capabilities in the agricultural sector. The license amendment allows Nova Agritech to diversify into the biostimulants segment while utilizing its existing plant infrastructure.
 no imag found
12Jan 26
Nova Agritech Independent Director Kiran Kumar Adapa Resigns, Board Committees Reconstituted
Nova Agritech Limited announced the resignation of Independent Director Mr. Kiran Kumar Adapa effective January 12, 2026, due to professional commitments. The Board immediately reconstituted all major committees including Audit, Stakeholders Relationship, Nomination & Remuneration, and Corporate Social Responsibility committees. The company also dissolved its IPO Committee following complete utilization of IPO proceeds, with all changes implemented in full compliance with SEBI regulations.
 no imag found
12Jan 26
Nova Agritech Independent Director Kiran Kumar Adapa Resigns, Board Committees Reconstituted
Nova Agritech Limited announced the resignation of Independent Director Mr. Kiran Kumar Adapa effective January 12, 2026, due to professional commitments. The Board reconstituted all major committees including Audit, Stakeholders Relationship, Nomination & Remuneration, and Corporate Social Responsibility committees to maintain regulatory compliance. The company also dissolved its IPO Committee following complete utilization of IPO proceeds.
 no imag found
13Nov 25
Nova Agritech Reports Strong Revenue Growth and Appoints New CFO
Nova Agritech Limited announced its Q2 FY2026 financial results, showing significant growth. Revenue increased by 83% quarter-over-quarter to Rs 2,131.87 lakhs. Consolidated revenue reached Rs 3,058.74 lakhs with a profit of Rs 1,070.02 lakhs. The company appointed Mr. Lakshmi Satish Tata as the new CFO, effective November 13, 2025. Mr. Tata brings over 20 years of finance experience. Nova Agritech also updated its related party transactions policy and confirmed proper utilization of IPO proceeds.
 no imag found
10Nov 25
Nova Agritech CEO Srinivasarao Mandalapu Steps Down, Citing Personal Reasons
Srinivasarao Mandalapu, CEO of Nova Agritech Limited, has resigned effective November 10, 2025, citing personal reasons. The company has informed BSE and NSE of this change in key managerial personnel, complying with SEBI regulations. Mandalapu expressed gratitude to the Board and colleagues in his resignation letter. Nova Agritech has not yet announced succession plans or an interim CEO appointment.
 no imag found
08Sept 25
Nova Agritech CFO Gunupudi Kamoji Srinivas Resigns, Effective September 8, 2025
Nova Agritech Limited announced the resignation of its Chief Financial Officer, Mr. Gunupudi Kamoji Srinivas, effective September 8, 2025. The resignation is attributed to Mr. Srinivas pursuing new professional opportunities. The company made the announcement in compliance with SEBI regulations and provided necessary disclosures. No successor has been announced yet.
 no imag found
10Aug 25
Nova Agritech Reports Q1 Revenue Growth Amid Profit Decline
Nova Agritech Ltd. reported mixed Q1 results with revenue growing 11.46% year-over-year to ₹467.00 million. However, net profit declined 25.58% to ₹32.00 million. EBITDA decreased 8.47% to ₹54.00 million, with EBITDA margin compressing from 14.05% to 11.47%. The company faces profitability challenges despite top-line growth.
 no imag found
09Aug 25
Nova Agritech Limited Renews Independent Director's Tenure for Second Term
Nova Agritech Limited has announced the re-appointment of Mr. Kiran Kumar Adapa as an Independent Director for a second five-year term, subject to shareholder approval. Mr. Adapa, with over 26 years of experience as a Scientist in Horticulture, holds a Ph.D. in Horticulture and currently serves as an Officer on special duty for oil palm development in Telangana Oilfed. His re-appointment is set to commence on March 17, 2026, pending approval at the upcoming 18th Annual General Meeting.
 no imag found
09Aug 25
Nova Agritech Reports No Deviation in IPO Fund Utilization, Posts Q1 FY26 Results
Nova Agritech Limited reported its Q1 FY26 financial results and IPO fund utilization. The company has utilized ₹100.51 crore of the ₹100.95 crore net IPO proceeds, with ₹0.44 crore remaining. Q1 FY26 standalone revenue was ₹11.65 crore with a net profit of ₹0.47 crore. Consolidated revenue stood at ₹46.75 crore with a net profit of ₹3.25 crore. The company's 18th AGM is scheduled for September 19, 2025, and the re-appointment of Mr. Kiran Kumar Adapa as an Independent Director has been recommended.
 no imag found
09Aug 25
Nova Agritech Reports Mixed Q1 Results: Consolidated Revenue Up 11.5%, Standalone Revenue Down 64.8%
Nova Agritech Limited reported mixed Q1 financial results. Consolidated revenue increased by 11.5% to ₹4,674.85 crore, but net profit decreased by 24.1% to ₹324.54 crore. Standalone performance showed significant declines with revenue down 64.8% to ₹1,165.17 crore and net profit falling 78.9% to ₹47.30 crore. The company faced cost pressures due to increased raw material expenses. Nova Agritech recently completed its IPO, raising ₹11,200 crore, with ₹10,050.83 crore already utilized for various purposes including working capital and a new formulation plant.
 no imag found
Nova Agritech
29.05
+0.53
(+1.86%)
1 Year Returns:-34.57%