DSIJ Mindshare

According, to the financials, Nirman Agri Genetics has a market cap of Rs 110 crore. The company reported excellent numbers in its quarterly results and annual results. The net sales increased by 112.08 per cent to Rs 28.61 crore and the net profit increased by 56.64 per cent to Rs 4.01 crore in FY23 compared to FY22.

Additionally, The Board have declared a final dividend on equity shares for the first time ever at 10 per cent or Rs 1 per equity share of the face value of Rs 10 for the financial year ended March 31, 2023. In addition, the company is the first SME enterprise from the region of Jammu and Kashmir to be listed on a stock exchange.

Talking about the finances, the company is a small-cap having a market cap of over Rs 1,000 crore and reported positive numbers in its quarterly results and annual results. In addition, the company has issued bonus shares in a 1:1 ratio and declared a dividend of Rs 3.15 per share. The ex-dates for bonus shares and dividend were July 07, 2023.

The company has a market cap of Rs 205 crore. According to the annual results, the net sales increased by 15.15 per cent to Rs 114 crore and net profit increased by 42.86 per cent to Rs 10 crore in FY23 over FY22.

The net profit skyrocketed 71.43 per cent to Rs 12 crore in Q4FY23 compared to Q4FY22. The net sales skyrocketed 116.70 per cent to Rs 351 crore and the net profit skyrocketed 511.10 per cent to Rs 55 crore in FY23 compared to FY22.