About Nova Agritech Limited

Nova Agritech Limited (incorporated in 2007) manufactures and markets bio fertilisers, bio‑pesticides, organic fertilisers, and micro and macronutrients for the agriculture sector. Its manufacturing unit is located in Hyderabad, Telangana, and the company sells through dealers as well as directly to farmers, positioning itself as a one‑stop solution provider for crop protection and crop nutrition. The group’s offerings are primarily formulations in liquids, powder and granules, with installed capacity of 2,000 Kilo litres of liquids, 1,700 MT of powder and 5,500 MT of granules.

Nova Agritech has expanded its footprint across 16 Indian states—Andhra Pradesh, Telangana, Maharashtra, Karnataka, Madhya Pradesh, Rajasthan, Chhattisgarh, Tamil Nadu, Uttar Pradesh, Odisha, West Bengal, Bihar, Gujarat, Jharkhand, Uttarakhand and Jammu & Kashmir—and also operates in Nepal. As on January 31, 2023, the company reported 629 product registrations: 7 in soil health management, 168 in crop nutrition, 4 in bio‑pesticides and 450 in crop protection, reflecting a broad portfolio aligned to farmer needs across regions. The company’s integrated operations and field outreach via Kisan Sevaks, Nova Kisan Seva Kendra and Kisan Mitra further support its presence pan‑India.

The group structure includes a 100%‑held subsidiary engaged in pesticides manufacturing, operating from Singannaguda in Medak district, Telangana. Based on the information provided, Nova Agritech has 1 subsidiary. 

Nova Agritech Limited Milestone 

Key milestones include capacity build‑out in formulations, expansion to 16 states and Nepal, and securing hundreds of product registrations across categories by January 31, 2023. On May 24, 2023, Acuité reaffirmed the company’s long‑term bank facilities rating at ACUITE BBB‑ with a Stable outlook, underscoring operating stability and a moderate financial profile.

Nova Agritech Limited Key Management

• Mr. Y Sambasiva Rao Yeluri – Promoter

• Mr. Y Malathi – Promoter

Latest Updates on Nova Agritech Limited

• Ratings: Long‑term rating reaffirmed at ACUITE BBB‑ with Stable outlook on May 24, 2023, citing stable operations and moderate gearing; interest coverage stood at 3.94x in FY2022.

• Market presence: Operations extended across 16 Indian states with activity in Nepal; plans to expand further into Haryana, Punjab and Kerala.

• Product portfolio: Achieved 629 product registrations by January 31, 2023 (soil health management, crop nutrition, bio‑pesticides, crop protection), supporting a comprehensive agri‑inputs suite.

• Operations and capacity: One‑stop crop protection and nutrition solutions in liquid, powder and granule formulations; installed capacity at 2,000 KL liquids, 1,700 MT powders and 5,500 MT granules.

• Performance snapshot: For FY2022, operating margin (EBITDA) was 12.79%; in 6MFY23, operating income stood at Rs. 94.36 Cr.