Naturite Agro Products Ltd (538926)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Naturite Agro's revenue was ₹2.1 Cr (-77.5% year on year, -74.1% on the previous quarter), and net profit ₹0.0 Cr (+74.5% year on year); the operating margin was 4.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹2.1 | -77.5% | -74.1% |
| Operating profit | ₹0.1 | -10.8% | from loss |
| Net profit | ₹0.0 | +74.5% | from loss |
| EPS (₹) | 0.07 | +75.0% | from loss |
| Operating margin | 4.3% | — | — |
📢 Recent Corporate Announcements
Naturite Agro Products Ltd's Board has approved raising funds up to ₹2600 Lakhs (₹26 crore) via a Rights Issue of equity shares of face value ₹5 each. Relative to the company's current market capitalization of ₹101 crore and net worth of ₹10 crore, this is a significant capital raise amounting to ~26% of market cap and ~260% of net worth. The Board has constituted a Rights Issue Committee to finalize the terms, issue price, ratio, and record date. The detailed terms and use of proceeds will be stated in the forthcoming Letter of Offer.
- Approved raising of funds up to ₹2600 Lakhs (₹26 crore) via Rights Issue
- Proposed issue involves equity shares of face value ₹5 each
- Formed a Rights Issue Committee headed by Chairman & Managing Director Vallabh Reddy Gaddam
- Record date, issue price, and entitlement ratio to be determined and notified subsequently
Naturite Agro Products Ltd has received confirmation from CDSL and NSDL regarding the activation of its new ISIN (INE223R01022) following a 2:1 stock split. The face value of each equity share is subdivided from Rs 10 to Rs 5 per share. The record date for determining eligible shareholders is Friday, September 25, 2026. This administrative corporate action increases the company's share count without altering its underlying fundamentals.
- Sub-division of equity shares from Face Value of Rs 10 to Rs 5 per share
- New ISIN INE223R01022 activated in NSDL and CDSL on September 23, 2026
- Record date for the stock split fixed as September 25, 2026
Naturite Agro Products Ltd announced the formal completion of its change in control and promoter reclassification on August 14, 2026. Mr. Siva Dharma Teja Yadlapalli has assumed control of the company, holding 36,72,352 shares representing a 69.34% equity stake pursuant to a Share Purchase Agreement and completed open offer. All former promoters (Gaddam Vallabh Reddy and family) have transferred their 100% shareholding to 0 shares (0.00%) and been reclassified under the public category. Outgoing promoter Mr. G. Vallabh Reddy will continue to serve as Managing Director under the new management.
- Mr. Siva Dharma Teja Yadlapalli takes over company control with 36,72,352 shares (69.34% stake)
- Outgoing promoter group (4 individuals) transferred their entire shareholding, reducing their holding to 0 shares (0.00%)
- Former promoter G. Vallabh Reddy will continue as Managing Director in the company
- Change in control executed pursuant to Share Purchase Agreement dated February 3, 2023, and subsequent open offer
Naturite Agro Products Ltd has issued the notice for its 36th Annual General Meeting (AGM) scheduled for September 9, 2026. The key items on the agenda include a 1:2 sub-division (split) of equity shares, reducing face value from Rs 10 to Rs 5 each. The company is also seeking member approval for the re-appointment of Dr. G. Vallabh Reddy as Chairman & MD for 3 years at Rs 50,000/month and the appointment of Mrs. Thejasri Kancharla as Whole Time Director for 3 years at Rs 50,000/month.
- 36th AGM scheduled for Wednesday, 9th September, 2026 at 11:30 AM at the registered office in Telangana
- Proposed 1:2 stock split: 1 equity share of face value Rs 10 sub-divided into 2 shares of face value Rs 5
- Re-appointment of Dr. G Vallabh Reddy as CMD for 3 years from April 1, 2026 at Rs 50,000 per month
- Appointment of Mrs. Thejasri Kancharla as Whole Time Director for 3 years from August 7, 2026 at Rs 50,000 per month
Naturite Agro Products Limited has submitted its 36th Annual Report for FY2025-26 along with the notice convening its Annual General Meeting on September 9, 2026. The key resolutions include the re-appointment of Dr. G Vallabh Reddy as Chairman & MD for 3 years at ₹50,000 per month and the appointment of Mrs. Thejasri Kancharla as Whole Time Director for 3 years from August 7, 2026 at ₹50,000 per month. Shareholders will also vote on a proposed sub-division (split) of equity shares and an increase in authorized share capital.
- 36th Annual General Meeting scheduled for Wednesday, September 9, 2026 at 11:30 AM.
- Proposed re-appointment of Dr. G Vallabh Reddy as Chairman & Managing Director for 3 years from April 1, 2026 at ₹50,000/month.
- Proposed appointment of Mrs. Thejasri Kancharla as Whole Time Director for 3 years from August 7, 2026 at ₹50,000/month.
- AGM agenda includes resolutions for equity share sub-division/split and increase in authorized share capital.
Naturite Agro Products has approved a 1:2 stock split, reducing the face value of equity shares from Rs 10 to Rs 5 to enhance liquidity. The company reported Q1 FY27 revenue of Rs 2.08 Cr, a sharp 77.5% decline from Rs 9.26 Cr in the same quarter last year. Despite the revenue drop, the company posted a marginal net profit of Rs 3.49 lakhs compared to Rs 1.79 lakhs YoY. Additionally, the board approved a 50% increase in authorized share capital from Rs 6 Cr to Rs 9 Cr, potentially paving the way for future fundraising.
- Approved sub-division of 1 equity share (FV Rs 10) into 2 equity shares (FV Rs 5) each.
- Q1 FY27 revenue fell to Rs 2.08 Cr from Rs 9.26 Cr in Q1 FY26, a 77.5% YoY decrease.
- Authorized share capital increased by 50% to Rs 9.00 Cr from the existing Rs 6.00 Cr.
- Net profit for the quarter ended June 2026 stood at Rs 3.49 lakhs vs Rs 1.79 lakhs in the previous year's quarter.
- Annual General Meeting (AGM) scheduled for September 09, 2026, to seek shareholder approval for these changes.
Naturite Agro Products has approved a stock split of 1 equity share (Face Value Rs 10) into 2 equity shares (Face Value Rs 5) to enhance liquidity. The company reported a sharp 77.5% YoY decline in Q1 FY27 revenue to Rs 2.08 Cr, down from Rs 9.26 Cr in Q1 FY26. Despite the revenue contraction, it posted a marginal net profit of Rs 3.49 lakhs compared to Rs 1.79 lakhs in the year-ago period. The board also proposed increasing the authorized share capital from Rs 6 Cr to Rs 9 Cr, subject to shareholder approval at the upcoming AGM on September 9, 2026.
- Stock split ratio of 1:2 approved, reducing face value from Rs 10 to Rs 5 per share.
- Q1 FY27 revenue fell significantly to Rs 2.08 Cr from Rs 9.26 Cr in Q1 FY26.
- Authorized share capital to be increased by 50% to Rs 9.00 Cr.
- Net profit for the quarter remained thin at Rs 3.49 lakhs.
- Appointment of Mrs. Thejasri Kancharla as Additional Director cum Whole-Time Director.
Naturite Agro Products has approved a stock split of 1 equity share (FV Rs 10) into 2 equity shares (FV Rs 5) to enhance retail liquidity. The company reported Q1 FY27 revenue of Rs 2.08 Cr, a sharp 77.5% decline from Rs 9.26 Cr in the same quarter last year. Despite the revenue drop, it posted a marginal net profit of Rs 0.03 Cr compared to Rs 0.02 Cr YoY. Additionally, the board approved increasing the authorized share capital from Rs 6 Cr to Rs 9 Cr, indicating potential future capital requirements.
- Stock split approved in the ratio of 1:2, reducing face value from Rs 10 to Rs 5 per share
- Q1 FY27 revenue from operations fell to Rs 2.08 Cr from Rs 9.26 Cr in Q1 FY26
- Authorized share capital increased by 50% to Rs 9.00 Cr from Rs 6.00 Cr
- Net profit for the quarter ended June 2026 stood at Rs 3.49 lakhs
- Appointment of Mrs. Thejasri Kancharla as Additional Director cum Whole-Time Director
Naturite Agro Products has approved a 1:2 stock split, reducing the face value from Rs 10 to Rs 5 per share. For Q1 FY27, the company reported a significant 77.4% YoY decline in revenue to Rs 2.09 Cr, down from Rs 9.26 Cr in the same quarter last year. Despite the revenue drop, the company posted a marginal net profit of Rs 3.49 lakhs, slightly higher than the Rs 1.79 lakhs reported in Q1 FY26. Additionally, the board approved increasing the authorized share capital from Rs 6 Cr to Rs 9 Cr, signaling potential future fundraising.
- Approved sub-division of 1 equity share of Rs 10 into 2 equity shares of Rs 5 each
- Revenue from operations fell sharply to Rs 2.09 Cr in Q1 FY27 from Rs 9.26 Cr in Q1 FY26
- Authorized share capital increased by 50% to Rs 9.00 Cr from Rs 6.00 Cr
- Net profit for the quarter remained marginal at Rs 3.49 lakhs
- Appointment of Mrs. Thejasri Kancharla as Whole-Time Director following the resignation of Mrs. Surakanti Anitha
Naturite Agro Products reported a significant 77.5% YoY decline in revenue from operations to Rs 2.08 Cr for Q1 FY27. Despite the revenue drop, the company posted a marginal net profit of Rs 0.035 Cr, up from Rs 0.018 Cr in the same quarter last year, primarily aided by a large inventory adjustment of -Rs 7.84 Cr. The board has approved a 1:2 stock split, reducing the face value from Rs 10 to Rs 5, and proposed increasing the authorized share capital from Rs 6 Cr to Rs 9 Cr. Management changes include the appointment of Mrs. Thejasri Kancharla as a Whole-Time Director.
- Revenue from operations fell to Rs 2.08 Cr in Q1 FY27 from Rs 9.26 Cr in Q1 FY26.
- Net profit for the quarter stood at Rs 3.49 Lakhs (Rs 0.035 Cr) vs Rs 1.79 Lakhs (Rs 0.018 Cr) YoY.
- Approved sub-division of 1 equity share of Rs 10 into 2 equity shares of Rs 5 each.
- Authorized share capital to be increased from Rs 6 Cr to Rs 9 Cr, a 50% expansion.
- Inventory changes of -Rs 7.84 Cr significantly offset the high cost of materials consumed (Rs 9.12 Cr).
Naturite Agro Products reported a significant 77.5% YoY decline in revenue to ₹2.08 Cr for Q1 FY27, down from ₹9.26 Cr in the same period last year. Despite the revenue contraction, the company achieved a marginal net profit of ₹3.49 lakhs, recovering from a heavy loss of ₹1.67 Cr in the preceding quarter (Q4 FY26). The board has approved a 1:2 stock split, reducing the face value from ₹10 to ₹5, and increased the authorized share capital from ₹6 Cr to ₹9 Cr. Additionally, Mrs. Thejasri Kancharla was appointed as Whole-Time Director following the resignation of Mrs. Surakanti Anitha.
- Q1 FY27 revenue fell to ₹2.08 Cr, a 77.5% decrease compared to ₹9.26 Cr in Q1 FY26.
- Net profit for the quarter stood at ₹3.49 lakhs vs ₹1.79 lakhs YoY.
- Approved a 1:2 stock split, dividing each ₹10 face value share into two ₹5 shares.
- Authorized share capital increased by 50% from ₹6 Cr to ₹9 Cr, pending shareholder approval.
- Inventory changes of -₹7.84 Cr significantly offset the high cost of materials consumed (₹9.12 Cr) during the quarter.
Naturite Agro Products reported a significant 77.5% YoY decline in revenue to ₹2.08 Cr for Q1 FY27, down from ₹9.26 Cr in Q1 FY26. Despite the sharp revenue contraction, the company managed a marginal net profit of ₹3.49 lakhs, compared to ₹1.79 lakhs in the previous year, primarily due to a large inventory adjustment. The board has approved a 1:2 stock split, reducing the face value from ₹10 to ₹5, and plans to increase authorized share capital to ₹9 Cr. A new Whole-Time Director, Mrs. Thejasri Kancharla, has been appointed following a board resignation.
- Revenue from operations fell 77.5% YoY to ₹2.08 Cr from ₹9.26 Cr in the year-ago quarter.
- Net profit remained marginal at ₹3.49 lakhs, though it improved from ₹1.79 lakhs YoY.
- Board approved a 1:2 stock split, dividing each ₹10 face value share into two ₹5 shares.
- Authorized share capital to be increased by 50% from ₹6 Cr to ₹9 Cr, subject to AGM approval.
- Inventory changes provided a credit of ₹7.84 Cr to the P&L, offsetting a high cost of materials consumed (₹9.12 Cr).
Naturite Agro Products has scheduled a board meeting for August 7, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The board will also consider a proposal for a stock split of its equity shares, which currently have a face value of Rs 10. This follows a fiscal year (FY26) where the company reported a net loss of Rs 0.75 Cr despite a revenue jump to Rs 35.74 Cr. Investors should note the company's thin operating margins of 1.5% and its small-cap status with a market capitalization of Rs 105 Cr.
- Board meeting scheduled for August 7, 2026, to review Q1 FY27 performance.
- Proposal for sub-division/split of equity shares with current face value of Rs 10.
- Company reported a significant net loss of Rs 1.67 Cr in the most recent quarter (March 2026).
- TTM revenue stands at Rs 36 Cr against a market capitalization of Rs 105 Cr.
- Promoter holding has remained steady at 69.05% as of March 2026.
Financial Performance
Revenue Growth by Segment
The company operates in a single segment: Trading of Other Agricultural Products. Total revenue for FY 2024-25 was INR 8.62 Cr, representing a decline of 9.5% compared to INR 9.53 Cr in the previous year.
Profitability Margins
The company reported a significant decline in profitability, moving from a net profit of INR 0.35 Cr in FY 2023-24 to a net loss of INR 2.54 Cr in FY 2024-25. The Net Profit Ratio plummeted by 911.60% to -0.30.
EBITDA Margin
Core profitability as measured by ROCE declined by 716.06% to -0.12 in FY 2024-25, down from 0.02 in the previous year, primarily due to a surge in input and operational costs.
Credit Rating & Borrowing
The Debt-Equity Ratio increased by 451.37% to 0.24 in FY 2024-25, up from 0.04, indicating increased leverage or a reduced equity base due to losses. Specific credit ratings and borrowing costs were not disclosed.
Operational Drivers
Raw Materials
Specific raw materials include Chilly, Turmeric, and other spices used for the extraction of oleoresins and spice oils. The exact percentage of total cost for each was not disclosed.
Raw Material Costs
Raw material costs have increased 'unprecedentedly' during the year. The company noted that heavy rains and climatic changes have threatened the timely availability and cost of agricultural inputs.
Strategic Growth
Growth Strategy
Growth is targeted through venturing into the ready-to-eat food segment, expanding the supply of oleoresins to the healthcare, food, and beverage industries, and seeking a stock exchange listing to raise capital for expansion.
Products & Services
Capsicum Oleoresin, Paprika Oleoresin, Turmeric Oleoresin, Curcumin Powder, Spice Oils, Natural food colors, and Herbal Products.
Brand Portfolio
Naturite.
New Products/Services
The company plans to venture into the ready-to-eat food segment to capture opportunities in the processed food market.
Market Expansion
Targeting international markets for spice exports and expanding domestic reach in the food flavoring segment.
Market Share & Ranking
Not disclosed in available documents; however, the company notes it is one of India's select manufacturers of specific oleoresins.
External Factors
Industry Trends
The spices market is growing due to rising demand for spice mixes and natural extracts. There is a global shift toward natural products in food, pharma, and cosmetics, which favors oleoresin demand.
Competitive Landscape
The Indian spices market is currently dominated by the unorganized segment, posing a competitive challenge to organized players.
Competitive Moat
The company possesses a niche moat as a specialized manufacturer of Capsicum, Paprika, and Turmeric Oleoresins, which are essential for specific healthcare and food applications.
Macro Economic Sensitivity
Highly sensitive to climatic changes (heavy rains) affecting agricultural output and global supply chain disruptions impacting input costs.
Consumer Behavior
Increasing consumer awareness regarding safer, healthier, and sustainable natural products is driving demand for the company's natural extracts.
Geopolitical Risks
The war in Ukraine is cited as a significant challenge for cost management and supply chain stability.
Regulatory & Governance
Industry Regulations
Operations are governed by the Spices Board Act 1986, Food Safety and Standards Act 2006, Boilers Act 1923, Explosives Act 1884, and Essential Commodity Act 1955.
Legal Contingencies
The company stated it does not have any pending litigations that would impact its financial position as of March 31, 2025.
Risk Analysis
Key Uncertainties
Key risks include raw material price volatility and climatic impacts on crop yields, which could fluctuate input costs by significant margins.
Third Party Dependencies
High dependency on agricultural input suppliers and spice farmers for raw material procurement.
Credit & Counterparty Risk
The Trade Receivable Turnover Ratio declined by 37.46% to 1.89 in FY 2024-25, suggesting a potential slowdown in collections or changes in credit terms.
