Proventus Agrocom share price today

Proventus Agrocom Ltd's share price was ₹1,940.00 at the close on 30 October 2026. It has been rising for 27 weeks. That is 24.5% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 13 weeks in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Proventus Agrocom Ltd is in stage 2. The phase helps read everything below.

Since its first close in our records, on 27 March 2026, it has traded between ₹1,175 and ₹1,951, and at that close it sat 99% of the way up from that low.

Over the last 7 months the share price moved +60% while the NIFTY 500 moved +5%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

For January to March 2026 (the quarter ended 31 March 2026), Proventus Agrocom reported revenue of ₹535 crore, up 85.8% from ₹288 crore a year earlier, and a profit of ₹8.00 crore, up 166.7% from ₹3.00 crore.

Proventus Agrocom results: January to March 2026 against a year earlier

The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them.

Proventus Agrocom's management discussed these results on a call held on 20 May 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.

Proventus Agrocom closed at ₹1,940.00 on 30 October 2026. Its highest weekly close since March 2026 was ₹1,951.35 on 18 September 2026.

Proventus Agrocom share price: then and now

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

36 weekly closes from 27 March 2026 to 30 October 2026.

30 Oct 2026: Proventus Agrocom closed at ₹1,940.00, up 2.2% on the week and up 0.0% on the month. Our read, 10 Oct 2026: The branded-food transition has operating evidence, but cash funding, marketing efficiency and overdue capacity verification limit the case.

Earlier

• 20 May 2026: Proventus Agrocom held its results call for January to March 2026. Management guided: FY28 retail branded revenue ₹1,100 crore.
• Results for January to March 2026: Revenue up 85.8% and profit up 166.7% on a year earlier.

Our read of the business

Latest quarter: Revenue-led recovery from the prior March weakness; the latest call makes capacity and marketing efficiency the next delivery tests.

Our read after the latest results, written 10 October 2026.

Proventus Agrocom has paid no dividend on the NSE since its first NSE close in our records (27 March 2026), the start of the period we checked.

No. Proventus Agrocom Ltd paid out 0% of its profit as dividends in each of its last 6 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for January to March 2026, held on 20 May 2026, Proventus Agrocom's management guided: FY28 retail branded revenue ₹1,100 crore.

“We believe makhana has the potential to become one of India's largest healthy snacking categories over the next five to seven years, and with our Bihar facility at the source of ninety percent of India's makhana production, we have built a strong structural advantage in this category”Durga Prasad Jhavar, on the call for January to March 2026

What management guided

• FY28 consolidated revenue ₹1,300-1,400 crore.
• FY27 revenue growth 30-35 percent on a year earlier.
• FY27 operating profit and profit growth 30-35 percent or higher.
• Surat Phase 1 launch H1 FY27 with 4 lakh pouches per day capacity.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for January to March 2026, 20 May 2026.

The changes showing up in Proventus Agrocom's own numbers are market share gains. It is too early to say whether they last.

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Checked against results and calls up to January to March 2026, 10 October 2026.

If the next available interim filing shows the promised mix improvement alongside declining operating profit and renewed negative operating cash flow, the claim that branding and integration create shareholder earnings would fail.

Each change stops working if

• Wholesome nutrition mix: The product mix improves but consolidated operating profit fails to grow because marketing or channel concessions consume the benefit.
• Bihar sourcing integration: Facility utilization or delivered procurement savings fail to improve product contribution after processing and distribution costs.
• Surat manufacturing capacity: Commissioning or economically viable utilization fails to arrive in time to support the retail revenue roadmap.
• Channel expansion with contribution discipline: Channel share rises while contribution after platform fees, promotions and returns declines.

The main risks

• Marketing absorbs the mix benefit: Gross-margin improvement may continue without a corresponding operating-margin improvement. ⚠ estimate
• Cash funding and allocation remain partly unexplained: Latest-year cash conversion improved, but accumulated earnings have not fully funded growth and the recent borrowing purpose is unknown. ⚠ estimate
• Historical profit contains an unnamed non-operating component: Earlier profit comparisons include flagged other income, although recent operating-profit growth is visible. ⚠ estimate

Our read after the latest results, written 10 October 2026.

When Proventus Agrocom reports April to June 2026, these are the 5 checks that show whether the story is still on course. First: Half-year to Sep 2026 sales grow at least 30 percent on ₹390 crore with operating margin at or above 2.28 percent, and management states volume growth separately from price.

Proventus Agrocom is on 2 of our India lists: Multibagger study list and Momentum stocks.

Proventus Agrocom Ltd earned ₹8.0 Cr of net profit in the Mar 2026 quarter, +166.7% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹14.0 Cr. Over 5 years profit has grown 47.6% a year on average. That is 1.5% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹5.0 Cr.

For the full year, FY26 profit was ₹14.0 Cr (+100.0% on the year before).

Why profit moved: revenue changed +85.8% on a year earlier and the margin moved +0.2 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +79.2% and revenue +40.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Proventus Agrocom Ltd reported ₹535 Cr of revenue in the Mar 2026 quarter, +85.8% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 5 years it has grown 25.2% a year on average. The last full year, FY26, came in at ₹925 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. Management describes source-level processing as a cost and quality advantage. The facility is reported operational, so the next question is utilization and retained savings rather than construction completion. Savings may support price competitiveness or fund marketing instead of raising profit. No separate facility margin, utilization series or verified return on capital used is supplied.

FY26 revenue was ₹925 Cr, +59.2% on the year before.

Recent pace: the last four quarters grew +40.8% on average, against 25.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Proventus Agrocom Ltd's operating margin was 1.8% in the Mar 2026 quarter, 0.2 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Over the last four quarters it has moved −0.1 percentage points. Across 6 years it has been between 1.1% and 2.0%.

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

Why this happened. The Value Chain Climb is visible in management's attribution of gross-margin improvement to wholesome nutrition. Competitors can respond with spending or pricing; the bundle does not quantify their response or Proventus's retained contribution. Further profit capture is a forecast.

The latest quarter is within that range.

Why the margin moved: operating margin changed −0.2 percentage points on the year while gross margin changed −0.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

Over the last 3 years, 4% of Proventus Agrocom Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹9.0 Cr of operating cash against ₹14.0 Cr of profit. After ₹2.0 Cr of spending on assets, ₹7.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 4% of profit came in as cash: the cash cycle got 19 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 3.8× depreciation over three years. The next section checks what that spending is building.

Proventus Agrocom Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 31 days in FY26, down from 50 days in FY21. It spent ₹15.0 Cr on assets over the last 3 years. Customers take 15 days to pay, and stock sits for 26 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹925 Cr, each day of that cycle ties up about ₹2.5 Cr, so roughly ₹79.0 Cr is tied up in the business at any time.

FY26: customers took 15 days to pay and stock sat for 26 days, about 0.9 months of sales sitting as stock, for a full cycle of 31 days, shorter than FY21's 50.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 26 days. Customers pay about 15 days after that. Suppliers are paid at 10 days. Together that makes the 31-day cycle.

Spending on assets: ₹15.0 Cr over the last 3 years, against ₹4.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹10.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Proventus Agrocom Ltd's P/E is 48.3×, near the low end of its own history: it has been lower only 35% of the time. Its usual P/E (the middle reading) is 90.3×, over 3.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Proventus Agrocom Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Proventus Agrocom Ltd's story is not scored yet against the checks our research set on 10 October 2026. Where it sits in its own cycle: MID EXPANSION.

NOT YET CHECKED

Our read, 10 October 2026. The branded-food transition has operating evidence, but cash funding, marketing efficiency and overdue capacity verification limit the case.

From the numbers. Its statistical opportunity label is not an operating-bottom verdict. The operating engine places…

From the price. Price stage 2, week 27, above its 200-day line, relative strength falling.

From the research. The branded-food transition has operating evidence, but cash funding, marketing efficiency and overdue capacity verification limit the case.

Where they disagree. Its statistical opportunity label is not an operating-bottom verdict. The operating engine places the business in an expansion already underway. The weekly snapshot percentile is 27, whereas the sampled curve percentile is 17.9; these are different histories and must not be substituted. Margin history is too short for a reliable cycle-normalized conclusion. Current sampled price is near its peak, so the business mechanism must be verified through…

What is proven. The branded-food transition has operating evidence, but cash funding, marketing efficiency and overdue capacity verification limit the case.

What is not proven yet. If the next available interim filing shows the promised mix improvement alongside declining operating profit and renewed negative operating cash flow, the claim that branding and integration create shareholder earnings would fail.

What would change our mind. If the next available interim filing shows the promised mix improvement alongside declining operating profit and renewed negative operating cash flow, the claim that branding and integration create shareholder earnings would fail.

The test written in advance. If the next available interim filing shows the promised mix improvement alongside declining operating profit and renewed negative operating cash flow, the claim that branding and integration create shareholder earnings would fail. Measured by: the thesis as written as stated by the next result.

The test written in advance. Marketing absorbs the mix benefit. Measured by: Marketing absorbs the mix benefit by the next result.

The test written in advance. Cash funding and allocation remain partly unexplained. Measured by: Cash funding and allocation remain partly unexplained by the next result.

What the company does. Annual revenue grew 59.2% and reported profit doubled; the improvement includes operating-profit growth rather than solely a non-operating gain. Management attributes better branded gross margins to product mix, but category-building expenditure absorbs much of that benefit.

The key numbers to watch, and the level that would change the picture

Everything further down this page is evidence for or against these.

What the surface reading misses. The surface reading is: Profit doubled, suggesting rapid acceleration. The research reads it further: Revenue and operating profit also increased, establishing an operating contribution. Low consolidated margin and continued marketing prevent equating revenue growth with fully retained brand economics.

What the surface reading misses. The surface reading is: Profit growth exceeds revenue growth. The research reads it further: Operating profit grew faster than revenue, but reported profit also starts from a small rounded base. It cannot be substituted for management's precise accounting figures.

• 1 · Operating leveragequiet
• 2 · Value-added mixbuilding
• 3 · Management changequiet
• 4 · Paying down debtquiet
• 5 · Regulatory approvalquiet
• 6 · Order-book winsbuilding
• 7 · Consolidationquiet
• 8 · Demerger or value unlockquiet
• 9 · Buybackquiet
• 10 · New geographiesquiet
• 11 · More business from existing customersquiet
• 12 · New product launchquiet
• 13 · Mandatory normsquiet
• 14 · A bigger market to servebuilding
• 15 · Market-share gainsquiet
• 16 · Asset qualityquiet

Lever 2 · Value-added mix: building. The shift toward higher-margin products has improved branded gross margins, but retained operating profit depends on marketing and channel costs. What proves it keeps working: Wholesome nutrition mix. It stops working if The product mix improves but consolidated operating profit fails to grow because marketing or channel concessions consume the benefit.

Lever 6 · Order-book wins: building. An operational sourcing facility may improve makhana quality and procurement economics; its incremental profit contribution is undisclosed. What proves it keeps working: Bihar sourcing integration. It stops working if Facility utilization or delivered procurement savings fail to improve product contribution after processing and distribution costs.

Lever 14 · A bigger market to serve: building. Quick Commerce offers distribution reach, but channel growth counts only if contribution survives platform costs and marketing. What proves it keeps working: Channel expansion with contribution discipline. It stops working if Channel share rises while contribution after platform fees, promotions and returns declines.

Sources: our stock research file (10 October 2026) · quarterly results through Mar 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.

The whole page in one table. Each row links to its section.

Only the May call supplies a consistency read; a full downturn delivery record is not established. Growth delivery is more visible than retained profit after brand spending, so track record is mixed while management passes.

Regulatory and governance record

The live sweep establishes no qualifying conduct order, fraud finding, live material case or lie. References to fraud in disclosure policies are reporting rules, not allegations against this company; the stale degraded cache does not override current findings.

Checked 14 October 2026.

Proventus Agrocom Ltd earned a ROCE of 12% in FY26. That is up from a low of 5% in FY22. Its return on capital used (ROIC) is 0.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 1.5% net margin and 4.67× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 1.5% net margin × 4.67× asset turnover × 1.38× leverage (assets divided by equity) ≈ 9.7% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 11.3% − 12.0% = −0.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

Proventus Agrocom Ltd has total debt of ₹22.0 Cr against shareholder equity of ₹130 Cr as of Mar 2025, so its debt is 0.17× its equity, which is very little. Year by year, that ratio went from 0.02 in FY24 to 0.17 in FY25. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Promoters cut their stake in Proventus Agrocom Ltd by 3.6 percentage points over 7 quarters, the biggest change among its owners. Promoters now own 67.2% of the company. Domestic institutions moved +1.4 points over the same period, to 1.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Why the owners changed: promoters drove it (−3.6 points), with the other side taken by domestic institutions (+1.4 points). They reduced their stake.

For Proventus Agrocom Ltd, the Z-score is 10.34. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 10.34 is well clear of the danger zone, so the balance sheet is not the risk here.

54.1 out of 100, rank 53 of 63 in Trading, with 39% of the evidence available. It is provisional, so it is ranked below companies with full evidence.

Proventus Agrocom Ltd scores 54.1 out of 100 against the 63 companies it is compared with in Trading, ranking 53. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 18.1 + 12.8 + 11.6 + 11.6 = 54.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Proventus Agrocom ranks 53 of 63 Trading companies on the 4-Factor Sector Score, with 54.1 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Trading, all 63 compared on one page.

Proventus Agrocom is the 34th largest of 59 Trading companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Maxgrow India, Mardia Samyoung Capillary Tubes Company and Yogi. Just below it: Neueon Corporation, Hardwyn India and HP Telecom India.

Trading companies close in size

31. Maxgrow India Ltd ₹709 crore
32. Mardia Samyoung Capillary Tubes Company Ltd ₹707 crore
33. Yogi Ltd ₹688 crore
34. Proventus Agrocom Ltd ₹670 crore
35. Neueon Corporation Ltd ₹615 crore
36. Hardwyn India Ltd ₹610 crore
37. HP Telecom India Ltd ₹595 crore

All 59 Trading companies, largest first

Companies close in size in other industries

1844. Swastika Infra Ltd ₹675 crore
1845. Ganesh Consumer Products Ltd ₹674 crore · Food - Processing - Atta/Rava/Sooji
1846. Proventus Agrocom Ltd ₹670 crore
1847. BEML Land Assets Ltd ₹667 crore · Construction & Contracting
1848. Axtel Industries Ltd ₹666 crore · Infra - Engineering - General

Sector Alpha, written by code from the published numbers. Data as of 30 October 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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