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NATHBIOGENES Diversified 15 May 2026

Nath Bio-Genes Ltd — Q4 FY26

Nath Bio-Genes delivered a strong FY26 with revenue of ₹431.6 crore, up 19% YoY, driven by robust volume growth across cotton (+22%), paddy (+25%), and maize (+54%).

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Revenue ₹52 Cr +19%
EBITDA ₹53 Cr
PAT ₹-0 Cr -8%
EBITDA Margin 8.68%
Duration 50 min
Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

Nath Bio-Genes delivered a strong FY26 with revenue of ₹431.6 crore, up 19% YoY, driven by robust volume growth across cotton (+22%), paddy (+25%), and maize (+54%). EBITDA margin stood at 12%, while PAT declined 8% to ₹38.4 crore due to higher finance costs and tax rate normalization. The company highlighted production stability for flagship cotton hybrids Sankit and Jumbo, and a landmark ₹15 crore contribution from the Uzbekistan JV. Management guided for 15-20% revenue growth in FY27 with stable margins, despite potential El Niño risks. Key risks include inventory buildup (₹113 crore) and gross margin normalization from 63% to 56%.

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Focused Modules

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Risk Intelligence

El Niño impact on crop patterns

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Quarter Snapshot

Cotton BT volume growth 13.88 lakh packets
+22.35% YoY

Driven by strong demand for flagship hybrids Sankit and Jumbo; production stability expected over next 2-3 years.

Maize volume growth 9,639 quintals
+54% YoY

Star performer; now contributes 10.72% to top line, driven by poultry and ethanol demand.

Cotton-paddy revenue mix 58%
+6pp YoY

Up from 52% in FY25, reflecting deepening penetration in core crops.

Uzbekistan JV revenue ₹15 crore
First-time contribution

Landmark milestone; JV targets Central Asian market worth $450M, with conservative 10-15% revenue share in 3-5 years.

Fast read

Guidance and risk preview

Top guidance FY27 revenue growth of 15-20%

Management expects top line to grow 15-20% in FY27, driven by continued momentum in cotton, paddy, and maize.

Top risk El Niño impact on crop patterns

Analyst raised concern; management acknowledged potential delays in sowing but believes diversified portfolio and geography mitigate risk.

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