Sector Alpha Week of 2026-07-31
Sector Alpha — machine-written from the numbers · Data as of 2026-07-31

Advance Agrolife Ltd

ADVANCE
Pesticides/Agrochemicals

Advance Agrolife Ltd is strength at full price. The numbers are improving — and a P/E at the 86th percentile of its own range says the market knows.

The sharpest disagreement: profits are rising, but only −57% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.

The price is in a downtrend (18 weeks in) while the P/E sits at the 86th percentile of its own 1-year range. Underneath, the last four quarters read improving — profit +421.7% year on year, and −57% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.

Price
₹125
P/E
22.8×
86th pctile
of its own 1-year range
Revenue (Mar 26)
₹124 Cr
+37.9% YoY
Profit (Mar 26)
₹7.5 Cr
+421.7% YoY
Operating margin
10.8%
+4.3 pp YoY
ROCE
19%
FY26
ROIC
15.4%
vs WACC 12.0% → +3.4 pp
Cash conversion
−57%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Advance Agrolife Ltd trades at ₹125, in a downtrend and 18 weeks into that stage. That is +11.7% against its own 200-day average. It sits at 59% of a 52-week range of ₹93 to ₹148. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 4 straight weeks.

Today the stock is in a downtrend — week 18 of stage 4, confirmed. At ₹125 it trades +11.7% versus its 200-day average and sits at 59% of its 52-week range (₹93–₹148).

Jul 26: ₹125 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 1-year window.
+11.7% versus the 200-day line, week 18 of stage 4
Price50-day avg200-day avg
S4S2S4₹152₹136₹120₹104₹88.1₹125₹112Oct 25Dec 25Mar 26Jun 26Jul 26
S4S2S4₹152₹136₹120₹104₹88.1₹125₹112Oct 25Mar 26Jul 26
Beating or trailing, week by week since 2025 Each cell is one week from 2025 to now (46 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Oct 25Jul 26

Against the market, two honest reads. Cumulative: over the last 10 months the stock moved +13% while the NIFTY 500 moved +0% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 4 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Advance Agrolife Ltd trades at 22.8× P/E, at the pricey end of its own range (86th percentile). Its long-run median P/E is 20.3×, measured across 0.8 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 22.8× is at the pricey end of its own range (86th percentile), against a long-run median of 20.3× measured over 0.8 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 22.8× vs a 20.3× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 0.8-year window; loss-period spikes above 25× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (86th percentile)
P/EMedianEPS (TTM) (quarterly)
25.8×₹6.822.5×₹5.119.2×₹3.415.9×₹1.712.6×₹0.0×22.80×₹6Oct 25Dec 25Mar 26May 26Jul 26
25.8×₹6.822.5×₹5.119.2×₹3.415.9×₹1.712.6×₹0.0×22.80×₹6Oct 25Mar 26Jul 26
P/E
22.8×
86th percentile of 1y

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · Stage: No read

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Advance Agrolife Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 4 quarters across 1 curve, on partial evidence.

Growth, year by year: revenue +28.6% in FY26, profit +34.6% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
62%79%48%34%34%−11%20%−57%6.2%−102%%%28.6%34.6%FY21FY23FY26
62%79%48%34%34%−11%20%−57%6.2%−102%%%28.6%34.6%FY21FY23FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
40%331%34%219%28%107%22%−5.6%16%−118%%%37.9%300%−86.8%Jun 24Mar 25Mar 26
40%331%34%219%28%107%22%−5.6%16%−118%%%37.9%300%−86.8%Jun 24Mar 25Mar 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
40%34%29%23%17%%19%FY23FY24FY26
40%34%29%23%17%%19%FY23FY24FY26
ROCE
Falling
latest 19.0% · span 19.0%–38.0%

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+28.6%+17.3%+25.6%
Profit+34.6%+32.6%+31.2%
EPS−3.7%−45.0%−22.9%
Revenue YoY (Mar 26)
+37.9%
latest quarter vs a year ago
Profit YoY (Mar 26)
+421.7%
latest quarter vs a year ago
Revenue 10y
25.6%
long-run compound pace
04 · 4-Factor Sector Score

4-Factor Sector Score

56.3/100 — rank 6 of 24 in Pesticides/Agrochemicals · 56% evidence confidence

Advance Agrolife Ltd scores 56.3 out of 100 against the 24 companies it is compared with in Pesticides/Agrochemicals, ranking 6. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 21.4 + 14.8 + 10.1 + 10 = 56.3. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Advance Agrolife Ltd reported ₹124 Cr of revenue in the Mar 26 quarter, +37.9% year on year. That is the 4th straight quarter of year-on-year growth. Over 5 years it has compounded at 25.6% a year. The last full year, FY26, came in at ₹638 Cr. The last four reported quarters add to ₹638 Cr.

FY26 revenue came in at ₹638 Cr (+28.6% on the year), capping 5 years at 25.6% compound. The latest quarter (Mar 26) printed ₹124 Cr, +37.9% year on year — the 4th consecutive quarter of year-over-year growth.

FY26 revenue ₹638 Cr (+28.6% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 6-year window. A bar is red when it is lower than the year before.
25.6% a year over 5 years
RevenueYoY growth
68962%51748%34534%17220%06.2%₹ Cr%₹63828.6%FY21FY23FY26
68962%51748%34534%17220%06.2%₹ Cr%₹63828.6%FY21FY23FY26
Mar 26: ₹124 Cr (+37.9% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
4th straight quarter of growth
Revenue (quarterly)YoY growth
23040%17234%11528%5722%016%₹ Cr%₹12437.9%Jun 24Mar 25Mar 26
23040%17234%11528%5722%016%₹ Cr%₹12437.9%Jun 24Mar 25Mar 26

Pace check: the last four quarters averaged +27.5% growth against the decade's 25.6% — the current year is running faster than its own long-run rate.

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Advance Agrolife Ltd's operating margin is 10.8% in the Mar 26 quarter, +4.3 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 6 fiscal years the operating margin has ranged 6.0% to 10.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 10.8%, +4.3 pp against the same quarter a year ago. Across 6 fiscal years the operating margin has ranged 6.0%–10.0%, and FY26's 10.0% is the top of that band — a record year.

Why the margin moved: operating margin went +4.3 pp year on year while gross margin went +2.8 pp — the gain came mostly from the gross line: input costs and pricing.

Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.

FY26: 10.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 6-year window.
the widest a 6.0–10.0% band over 6 years
operating marginYoY change (pp)
10%3.4%9.2%1.9%8.0%0.5%6.8%−0.9%5.7%−2.4%%%10%0%FY21FY23FY26
10%3.4%9.2%1.9%8.0%0.5%6.8%−0.9%5.7%−2.4%%%10%0%FY21FY23FY26
Mar 26: 10.8% operating margin (+4.3 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
14%4.8%12%3.1%9.6%1.4%7.3%−0.4%4.9%−2.1%%%10.8%4.3%Jun 24Mar 25Mar 26
14%4.8%12%3.1%9.6%1.4%7.3%−0.4%4.9%−2.1%%%10.8%4.3%Jun 24Mar 25Mar 26
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Advance Agrolife Ltd earned ₹7.5 Cr of net profit in the Mar 26 quarter, +421.7% year on year. It is the 4th consecutive quarter of growth. Full-year FY26 profit was ₹35.0 Cr. The 5-year compound rate is 31.2%. That is 6.0% of the quarter's revenue. The same quarter a year earlier earned ₹1.4 Cr.

Mar 26 profit was ₹7.5 Cr, +421.7% year on year — the 4th consecutive quarter of growth. On the full year, FY26 printed ₹35.0 Cr (+34.6%), and the 5-year compound rate is 31.2%.

FY26 profit ₹35.0 Cr (+34.6% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 6-year window. A bar is red when it is lower than the year before.
31.2% a year over 5 years
Net profitYoY growth
3872%2853%1933%914%0−5.3%₹ Cr%₹3534.6%FY21FY23FY26
3872%2853%1933%914%0−5.3%₹ Cr%₹3534.6%FY21FY23FY26
Mar 26: ₹7.5 Cr (+421.7% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
4th straight quarter of growth
Net profit (quarterly)YoY growth
17455%13335%9215%495%0−25%₹ Cr%₹7421.7%Jun 24Mar 25Mar 26
17455%13335%9215%495%0−25%₹ Cr%₹7421.7%Jun 24Mar 25Mar 26

Why profit moved: revenue contributed +37.9% and the margin +4.3 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +116.4% vs revenue +27.5%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years −57% of Advance Agrolife Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−70.0 Cr of operating cash against ₹35.0 Cr of profit. After ₹39.0 Cr of capital spending, ₹−109 Cr was left as free cash.

FY26: operating cash of ₹−70.0 Cr against reported profit of ₹35.0 Cr, leaving free cash of ₹−109 Cr after ₹39.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −57% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹−70.0 Cr vs profit ₹35.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 6-year window, annual resolution.
−57% of 3-year profit arrived as cash
Operating cashNet profitFree cash
475−37−79−121₹ Cr₹−70₹35₹−109FY21FY23FY26
475−37−79−121₹ Cr₹−70₹35₹−109FY21FY23FY26
FY26: CFO = −200% of profit (three-year rate −57%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
124%37%−50%−137%−224%%−200%FY21FY23FY26
124%37%−50%−137%−224%%−200%FY21FY23FY26

🚨 Why conversion sits at −57%: the cash cycle stretched 27 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: conversion is below par and the cash cycle has stretched 27 days — the next section's job is to find where the cash is stuck.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Advance Agrolife Ltd's cash conversion cycle runs 109 days in FY26, up from 82 days in FY21. Capital spending ran ₹104 Cr over the last 3 years. At FY26 sales of ₹638 Cr each day of that cycle holds about ₹1.7 Cr, so roughly ₹191 Cr sits inside the business at any moment.

FY26: debtors at 112 days, inventory at 154 days — roughly 5.1 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 109 days, looser than FY21's 82.

The full loop: cash goes out to suppliers and production on day 0; stock waits 154 days to sell; customers pay about 112 days after that; and suppliers themselves are paid at 156 days — netting out to the 109-day cycle.

In money terms: at FY26 sales of ₹638 Cr, each day of the cycle holds about ₹1.7 Cr — so the 109-day loop keeps roughly ₹191 Cr sitting inside the business at any moment.

FY26: a 109-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 6-year window.
+27 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
166131966025days109d154d112d156dFY21FY22FY23FY24FY26
166131966025days109d154d112d156dFY21FY23FY26

On the investment side: capital spending of ₹104 Cr over the last 3 fiscal years against ₹22.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹22.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹39.0 Cr, work-in-progress ₹22.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
423221110₹ Cr₹39₹22FY22FY23FY24FY25FY26
423221110₹ Cr₹39₹22FY22FY24FY26

The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified

Advance Agrolife Ltd earns a ROCE of 19% in FY26. Return on invested capital clears the cost of that capital by +3.4 percentage points, so growth here adds value rather than only size. The wiring behind it is 5.5% net margin on 1.02× asset turns.

FY26 ROCE is 19%.

Why the return is what it is — the wiring (FY26): 5.5% net margin × 1.02× asset turns × 2.02× balance-sheet leverage ≈ 11.3% on equity. Margin does its share; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: 15.4% − 12.0% = a +3.4 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.

FY26: ROCE 19% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 5-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the full ladder
ROCEROIC (annual)WACC
40%33%25%17%9.9%%19%16.3%FY22FY24FY26
40%33%25%17%9.9%%19%16.3%FY22FY24FY26
Q4 FY26: ROCE 17.1% (TTM) vs WACC 12.0% Trailing-twelve-month ROCE and ROIC, per quarter, %; dashed line = the cost of capital. Last 6 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROCE (TTM)ROIC (TTM)WACC
38%28%18%8.8%−0.7%%17.1%1.9%Q2 FY25Q4 FY25Q4 FY26
38%28%18%8.8%−0.7%%17.1%1.9%Q2 FY25Q4 FY25Q4 FY26
11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified

Advance Agrolife Ltd carries total debt of ₹98.0 Cr against shareholder equity of ₹310 Cr as of Mar 26, a debt-to-equity of 0.32. On the annual view that ratio went from 0.79 in FY25 to 0.32 in FY26. Read the returns elsewhere on this page with that leverage in mind.

Mar 26: total debt of ₹98.0 Cr against shareholder equity of ₹310 Cr — a debt-to-equity of 0.32. On the annual view, debt-to-equity went from 0.79 (FY25) to 0.32 (FY26). Read the returns on this page with that leverage in mind.

FY26: debt ₹98.0 Cr at 0.32× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 2-year window.
Total debtDebt-to-equity
1060.8×790.7×530.6×260.4×00.3×₹ Cr×₹980.32×FY25FY26
1060.8×790.7×530.6×260.4×00.3×₹ Cr×₹980.32×FY25FY26
Mar 26: debt ₹98.0 Cr, debt-to-equity 0.32 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 7 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
1060.8×790.7×530.6×260.4×00.3×₹ Cr×₹980.32×Jun 24Jun 25Mar 26
1060.8×790.7×530.6×260.4×00.3×₹ Cr×₹980.32×Jun 24Jun 25Mar 26
12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Advance Agrolife Ltd moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — .

A quiet register: no holder moved a full point in two years Shareholding by holder class, % of the company, quarterly, last 3 quarters.
PromotersForeign inst.Domestic inst.Public
75%56%36%16%−3.5%%69.9%3.8%2.1%24.2%Dec 25Mar 26Jun 26
75%56%36%16%−3.5%%69.9%3.8%2.1%24.2%Dec 25Mar 26Jun 26
13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Advance Agrolife Ltd: the Z-score reads 3.76. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits well clear of distress. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.

Why it matters: a Z-score of 3.76 sits well clear of the distress zone — the balance sheet is not the risk here.

The safety line in one sentence: the Z-score reads 3.76.

14 · Related companies · Pesticides/Agrochemicals
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Titan Biotech Ltd524717 69.3/100Favorable setup78% evidence ASLEEP 29.1/35 Revenue 31.8% · PAT 38.7% · OPM change 6.9 pp 83% evidence 20.2/25 ROCE 22.8% · OPM 19.9% 76% evidence 6.0/20 P/E 57.8× · PEG — 50% evidence 14.0/20 RS sector 41.7% · RS bench 39.3% · 1Y 371.1%5 of 12 weeks ahead 100% evidence
Exact sum: 29.1 + 20.2 + 6 + 14 = 69.3 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Sharda Cropchem LtdSHARDACROP 65.3/100Favorable setup97% evidence ASLEEP 23.7/35 Revenue 18.5% · PAT 49% · OPM change -5 pp 95% evidence 18.5/25 ROCE 30.2% · OPM 17% 95% evidence 19.2/20 P/E 11.8× · PEG 0.26 100% evidence 3.9/20 RS sector -10.9% · RS bench -13.7% · 1Y -24.6%0 of 12 weeks ahead 100% evidence
Exact sum: 23.7 + 18.5 + 19.2 + 3.9 = 65.3 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -10.9% and the one-year return is -24.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
3Punjab Chemicals & Crop Protection LtdPUNJABCHEM 61.8/100Mixed-positive evidence81% evidence ASLEEP 22.7/35 Revenue 8.2% · PAT 43.5% · OPM change 1 pp 95% evidence 18.3/25 ROCE 18.6% · OPM 12% 95% evidence 12.1/20 P/E 21× · PEG — 50% evidence 8.7/20 RS sector -6.2% · RS bench -2.6% · 1Y -13.2%1 of 10 weeks ahead 70% evidence
Exact sum: 22.7 + 18.3 + 12.1 + 8.7 = 61.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Bayer CropScience LtdBAYERCROP 61.7/100Mixed-positive evidence70% evidence ASLEEP 21.4/35 Revenue 3.7% · PAT 21.7% · OPM change 2.1 pp 83% evidence 19.1/25 ROCE 20.1% · OPM 18.4% 95% evidence 8.5/20 P/E 387× · PEG — 15% evidence 12.7/20 RS sector 9.4% · RS bench -10.7% · 1Y -33.2%0 of 10 weeks ahead 70% evidence
Exact sum: 21.4 + 19.1 + 8.5 + 12.7 = 61.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Dharmaj Crop Guard LtdDHARMAJ 61.1/100Mixed-positive evidence62% evidence TURNING 23.8/35 Revenue 19.6% · PAT 56.9% · OPM change 2.7 pp 62% evidence 12.9/25 ROCE 16.4% · OPM 4.5% 95% evidence 10.6/20 P/E 16.6× · PEG — 15% evidence 13.8/20 RS sector 5% · RS bench -2.5% · 1Y -13.2%4 of 10 weeks ahead 70% evidence
Exact sum: 23.8 + 12.9 + 10.6 + 13.8 = 61.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Advance Agrolife Ltdthis pageADVANCE 56.3/100Thin evidence · provisional56% evidence TURNING 21.4/35 Revenue 27% · PAT 37.6% · OPM change 4.3 pp 83% evidence 14.8/25 ROCE 19.3% · OPM 10.8% 95% evidence 10.1/20 P/E 22.8× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —2 of 10 weeks ahead 0% evidence
Exact sum: 21.4 + 14.8 + 10.1 + 10 = 56.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
7UPL LtdUPL 54.2/100Mixed-positive evidence90% evidence ASLEEP 20.6/35 Revenue 11.2% · PAT 100% · OPM change -1 pp 88% evidence 9.3/25 ROCE 10.1% · OPM 19% 100% evidence 12.5/20 P/E 28.3× · PEG 0.5 100% evidence 11.8/20 RS sector 4.9% · RS bench -12.2% · 1Y -16.3%0 of 10 weeks ahead 70% evidence
Exact sum: 20.6 + 9.3 + 12.5 + 11.8 = 54.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8India Pesticides LtdIPL 54.0/100Mixed-positive evidence81% evidence TURNING 20.0/35 Revenue 17% · PAT 10.1% · OPM change -2 pp 95% evidence 13.6/25 ROCE 16.7% · OPM 14% 95% evidence 14.1/20 P/E 16.5× · PEG — 50% evidence 6.3/20 RS sector -11.9% · RS bench -12.1% · 1Y -27.3%4 of 11 weeks ahead 70% evidence
Exact sum: 20 + 13.6 + 14.1 + 6.3 = 54 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Jubilant Ingrevia LtdJUBLINGREA 52.7/100Mixed-positive evidence93% evidence FADING 18.2/35 Revenue 11% · PAT 11.2% · OPM change 1 pp 100% evidence 10.2/25 ROCE 11.4% · OPM 15% 100% evidence 6.4/20 P/E 36.8× · PEG 2.37 65% evidence 17.9/20 RS sector 11.8% · RS bench 7.8% · 1Y -5.6%6 of 12 weeks ahead 100% evidence
Exact sum: 18.2 + 10.2 + 6.4 + 17.9 = 52.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Bharat Rasayan LtdBHARATRAS 51.6/100Mixed-positive evidence77% evidence ASLEEP 17.1/35 Revenue 5.8% · PAT 3.5% · OPM change 4 pp 83% evidence 16.5/25 ROCE 17.4% · OPM 16% 95% evidence 14.7/20 P/E 13.3× · PEG — 50% evidence 3.3/20 RS sector -33.2% · RS bench -34.6% · 1Y -51.5%0 of 11 weeks ahead 70% evidence
Exact sum: 17.1 + 16.5 + 14.7 + 3.3 = 51.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11Bhagiradha Chemicals & Industries LtdBHAGCHEM 51.0/100Mixed-positive evidence88% evidence TURNING 23.6/35 Revenue 21.7% · PAT 31.1% · OPM change 7.3 pp 65% evidence 5.8/25 ROCE 4.5% · OPM 12.3% 100% evidence 2.0/20 P/E 207× · PEG 3.04 100% evidence 19.6/20 RS sector 22.5% · RS bench 17.9% · 1Y -0.7%11 of 12 weeks ahead 100% evidence
Exact sum: 23.6 + 5.8 + 2 + 19.6 = 51 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12GSP Crop Science LtdGSPCROP 50.4/100Thin evidence · provisional59% evidence TURNING 16.5/35 Revenue 21.2% · PAT 37.8% · OPM change -4 pp 88% evidence 14.3/25 ROCE 19% · OPM 9% 100% evidence 9.6/20 P/E 26.8× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —3 of 3 weeks ahead 0% evidence
Exact sum: 16.5 + 14.3 + 9.6 + 10 = 50.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
13Dhanuka Agritech LtdDHANUKA 46.6/100Mixed-negative evidence96% evidence ASLEEP 8.3/35 Revenue 0.9% · PAT -5.3% · OPM change -2.5 pp 88% evidence 19.1/25 ROCE 28.3% · OPM 22.5% 100% evidence 13.0/20 P/E 15.6× · PEG 1.72 100% evidence 6.2/20 RS sector -12.4% · RS bench -16.2% · 1Y -40.9%4 of 12 weeks ahead 100% evidence
Exact sum: 8.3 + 19.1 + 13 + 6.2 = 46.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Sumitomo Chemical India LtdSUMICHEM 45.4/100Mixed-negative evidence94% evidence TURNING 12.1/35 Revenue -3.6% · PAT 3.9% · OPM change 1 pp 100% evidence 19.0/25 ROCE 22.1% · OPM 22% 100% evidence 4.0/20 P/E 44.6× · PEG 4 100% evidence 10.3/20 RS sector -8.2% · RS bench 6% · 1Y -12.8%9 of 10 weeks ahead 70% evidence
Exact sum: 12.1 + 19 + 4 + 10.3 = 45.4 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.
15Rallis India LtdRALLIS 45.3/100Mixed-negative evidence91% evidence ASLEEP 16.1/35 Revenue 7.3% · PAT -28.4% · OPM change 2.6 pp 95% evidence 9.3/25 ROCE 12.8% · OPM 15.2% 95% evidence 11.4/20 P/E 26.7× · PEG 0.89 100% evidence 8.5/20 RS sector -1.8% · RS bench -20.7% · 1Y -39.2%0 of 10 weeks ahead 70% evidence
Exact sum: 16.1 + 9.3 + 11.4 + 8.5 = 45.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16NACL Industries LtdNACLIND 44.9/100Mixed-negative evidence94% evidence TURNING 28.1/35 Revenue 11.9% · PAT 100% · OPM change 3 pp 100% evidence 4.4/25 ROCE 8.1% · OPM 11% 100% evidence 3.8/20 P/E 171× · PEG 2.02 100% evidence 8.6/20 RS sector -12.5% · RS bench 3.8% · 1Y -26.9%10 of 10 weeks ahead 70% evidence
Exact sum: 28.1 + 4.4 + 3.8 + 8.6 = 44.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17Astec Lifesciences LtdASTEC 44.9/100Mixed-negative evidence63% evidence ASLEEP 23.3/35 Revenue 9.4% · PAT 47.7% · OPM change 11.2 pp 71% evidence 2.6/25 ROCE -5.4% · OPM -0.8% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 9.0/20 RS sector -3.5% · RS bench -9.3% · 1Y -27.2%7 of 10 weeks ahead 70% evidence
Exact sum: 23.3 + 2.6 + 10 + 9 = 44.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18Meghmani Organics LtdMOL 44.3/100Mixed-negative evidence74% evidence TURNING 20.6/35 Revenue -7.8% · PAT 100% · OPM change 7 pp 95% evidence 9.4/25 ROCE 6.7% · OPM 18% 95% evidence 10.2/20 P/E 21.3× · PEG — 15% evidence 4.1/20 RS sector -33.7% · RS bench -13.6% · 1Y -42.8%3 of 10 weeks ahead 70% evidence
Exact sum: 20.6 + 9.4 + 10.2 + 4.1 = 44.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19Insecticides India LtdINSECTICID 43.8/100Mixed-negative evidence77% evidence ASLEEP 11.9/35 Revenue 7% · PAT -1.4% · OPM change -2 pp 83% evidence 13.0/25 ROCE 15.8% · OPM 6% 95% evidence 11.7/20 P/E 13.5× · PEG — 50% evidence 7.2/20 RS sector -8.5% · RS bench -9.5% · 1Y -38.7%7 of 10 weeks ahead 70% evidence
Exact sum: 11.9 + 13 + 11.7 + 7.2 = 43.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20Excel Industries LtdEXCELINDUS 43.1/100Mixed-negative evidence70% evidence TURNING 14.4/35 Revenue 12% · PAT -11.8% · OPM change 0 pp 83% evidence 8.6/25 ROCE 6.1% · OPM 8% 95% evidence 10.9/20 P/E 16.4× · PEG — 15% evidence 9.2/20 RS sector -4.6% · RS bench -2.6% · 1Y -27.3%2 of 10 weeks ahead 70% evidence
Exact sum: 14.4 + 8.6 + 10.9 + 9.2 = 43.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
21Epigral LtdEPIGRAL 41.3/100Mixed-negative evidence94% evidence ASLEEP 6.5/35 Revenue 4.8% · PAT -37.4% · OPM change -2 pp 100% evidence 14.3/25 ROCE 15.5% · OPM 25% 100% evidence 16.5/20 P/E 17.3× · PEG 0.43 100% evidence 4.0/20 RS sector -32.9% · RS bench -17.5% · 1Y -40.9%7 of 10 weeks ahead 70% evidence
Exact sum: 6.5 + 14.3 + 16.5 + 4 = 41.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
22P I Industries LtdPIIND 40.9/100Mixed-negative evidence90% evidence ASLEEP 6.6/35 Revenue -15.9% · PAT -20.5% · OPM change -3 pp 88% evidence 15.5/25 ROCE 15% · OPM 22% 100% evidence 10.6/20 P/E 34.7× · PEG 1.71 100% evidence 8.2/20 RS sector -3.4% · RS bench -15.3% · 1Y -32.8%0 of 10 weeks ahead 70% evidence
Exact sum: 6.6 + 15.5 + 10.6 + 8.2 = 40.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23Best Agrolife LtdBESTAGRO 29.7/100Adverse evidence81% evidence TURNING 7.9/35 Revenue -24.1% · PAT -56.5% · OPM change 8 pp 95% evidence 9.0/25 ROCE 5.2% · OPM 20% 95% evidence 7.0/20 P/E 22.9× · PEG — 50% evidence 5.8/20 RS sector -30.7% · RS bench -8.5% · 1Y -36.9%1 of 11 weeks ahead 70% evidence
Exact sum: 7.9 + 9 + 7 + 5.8 = 29.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
24Heranba Industries LtdHERANBA 25.7/100Adverse evidence65% evidence ASLEEP 11.7/35 Revenue 13.1% · PAT -80% · OPM change -2.7 pp 62% evidence 1.2/25 ROCE -1.6% · OPM -7% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 2.8/20 RS sector -22% · RS bench -25.7% · 1Y -51.8%0 of 12 weeks ahead 100% evidence
Exact sum: 11.7 + 1.2 + 10 + 2.8 = 25.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

15 · Frequently asked questions

Frequently asked questions

What is Advance Agrolife Ltd's share price today?

Advance Agrolife Ltd trades at ₹125. The company is valued at ₹804 Cr. The stock sits at 59% of its 52-week range of ₹93–₹148, +11.7% versus its 200-day average. On the tape, the price is in a downtrend, 18 weeks in. — as of 31 July 2026.

What were Advance Agrolife Ltd's latest quarterly results?

Advance Agrolife Ltd reported revenue of ₹124 Cr and net profit of ₹7.5 Cr for the Mar 26 quarter. Revenue rose 37.9% and profit rose 421.7% year on year. Earnings per share were ₹1.16. The operating margin was 10.8%, 4.3 pp higher than a year earlier. — as of 31 July 2026.

What is Advance Agrolife Ltd's revenue?

Advance Agrolife Ltd reported revenue of ₹124 Cr in the Mar 26 quarter, +37.9% year on year. For the full FY26 fiscal year, revenue was ₹638 Cr (+28.6%). Over the last 5 years revenue compounded at 25.6% a year. — as of 31 July 2026.

What is Advance Agrolife Ltd's profit?

Advance Agrolife Ltd earned ₹7.5 Cr of net profit in the Mar 26 quarter, +421.7% year on year — the 4th straight quarter of growth. Full-year FY26 profit was ₹35.0 Cr. The operating margin ran 10.8% in the latest quarter. — as of 31 July 2026.

What is Advance Agrolife Ltd's market cap?

Advance Agrolife Ltd's market capitalisation is ₹804 Cr at a share price of ₹125. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.

What is Advance Agrolife Ltd's P/E ratio?

Advance Agrolife Ltd trades at a P/E of 22.8×, at the 86th percentile of its own 1-year range, against a long-run median of 20.3×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.

Does Advance Agrolife Ltd pay a dividend?

No — Advance Agrolife Ltd has recorded a dividend payout of 0% of profit in each of its last 6 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 31 July 2026.

Is Advance Agrolife Ltd overvalued?

On its own history, Advance Agrolife Ltd looks expensive against its own history: its P/E of 22.8× sits at the 86th percentile of its 1-year range (long-run median 20.3×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 31 July 2026.

Is Advance Agrolife Ltd growing?

Yes — Advance Agrolife Ltd is growing: latest-quarter revenue +37.9% year on year, profit +421.7%, and the margin +4.3 pp at 10.8%. The 5-year compound rates are 25.6% (revenue) and 31.2% (profit). The earnings engine currently reads: improving — as of 31 July 2026.

How is Advance Agrolife Ltd performing?

Advance Agrolife Ltd is in a downtrend, 18 weeks in. Its latest quarter's revenue rose 37.9% and profit rose 421.7% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 4 weeks. This describes what the data did, not a rating. — as of 31 July 2026.

Is Advance Agrolife Ltd in an uptrend?

No — the price is in a downtrend (week 18 of stage 4), trading +11.7% versus its 200-day average and at 59% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.

Is Advance Agrolife Ltd beating the market?

On recent form, yes — Advance Agrolife Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 4 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10 months the stock moved +13% against the NIFTY 500's +0% — ahead of the index over the full window. — as of 31 July 2026.

Will Advance Agrolife Ltd's share price go up?

This page publishes no price forecast for Advance Agrolife Ltd. What it measures instead: the share price is ₹125, the price is in a downtrend 18 weeks in. Its P/E of 22.8× sits at the 86th percentile of its own 1-year range. — as of 31 July 2026.

Who owns Advance Agrolife Ltd?

Promoters hold 69.9% of Advance Agrolife Ltd, foreign institutions 3.8%, domestic institutions 2.1% and the public 24.2% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 31 July 2026.

Does Advance Agrolife Ltd have too much debt?

It is moderate — Advance Agrolife Ltd's debt-to-equity is 0.32, and operating profit covers the interest bill 7×. FY26 borrowings were ₹98.0 Cr against equity of ₹310 Cr. Read the returns on this page with that leverage in mind — as of 31 July 2026.

What is Advance Agrolife Ltd's capex?

Advance Agrolife Ltd spent ₹104 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹39.0 Cr, with ₹22.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.

What is Advance Agrolife Ltd's cash flow?

Advance Agrolife Ltd generated ₹−70.0 Cr of operating cash flow in FY26 and ₹−109 Cr of free cash flow after ₹39.0 Cr of capital spending. Reported profit that year was ₹35.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.

Is Advance Agrolife Ltd's profit real cash?

Not fully — over the last 3 fiscal years, −57% of Advance Agrolife Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−70.0 Cr against reported profit of ₹35.0 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 31 July 2026.

How financially safe is Advance Agrolife Ltd?

On the balance sheet, the Z-score reads 3.76 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That sits well clear of trouble. — as of 31 July 2026.

Where is Advance Agrolife Ltd in its business cycle?

Advance Agrolife Ltd's FY26 operating margin was 10.0%, against a 6-year band of 6.0%–10.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 10.8%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.

What could break the Advance Agrolife Ltd story?

The sharpest disagreement: profits are rising, but only −57% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.

Is Advance Agrolife Ltd a stock worth studying right now?

This is not investment advice. The machine read: Advance Agrolife Ltd is strength at full price. The numbers are improving — and a P/E at the 86th percentile of its own range says the market knows. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.

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