Nath Bio-Genes Buyback 2021

The Nath Bio-Genes buyback 2021 which is slated to be come next week is amongst the top players in the Indian seed industry, has served Indian farmers for more than four decades. The company has played a pivotal role in shaping Indian agriculture by developing and supplying quality hybrids seeds to farmers. The company has a presence in 17 over states and markets approximately 150 varieties of seed products to more than 5 million farmers across the country.

Salient Features about Nath Bio-Genes 

(i) They have a strong Research & Development arm. We have research laboratories, irrigated land, testing facilities and farms, all over the country. Five major R&D Sub-Stations are located in 5 major regions of the country.
(ii) They have a pan India presence. They have developed a strong all India marketing network of 3 distributors, dealers, branch offices and processing plants.
(iii) The Company has been awarded with the prestigious “Vasantrao Naik Prathisthan Award” for its contribution for enhancing Agricultural Productivity amongst other rewards & recognition

Products of Nath Bio-Genes Buyback 2021

(i) Cereals – Maize, Paddy, Pearl Millet, Wheat and Jowar.

(ii) Fibre & Oil Seeds – Cotton, Mustard and Sunflower.

(iii) Nutritional Supplements – Win Chi Win

(iv) Vegetables – Chilli, Okra, Tomato, Brinjal, Bottel Gourd, Bitter Gourd, Sponge Gourd, Ridge Gourd, Cucumber and Coriander

Buy Back Offer Deal:

Date of Board Meeting approving the proposal: Jun 24 2021
Date of Public Announcement: Jun 24 2021
FV: 10

Details of Buyback:

Nath Bio-Genes (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 24, 2021 to approve the following : 1. To consider, approve and take on record Audited Financial Results of the Company for the 4th quarter and year ended March 31, 2021. 2. To consider recommendation of Dividend for the year 2020-21, if any subject to Approval of shareholders in ensuing AGM. 3. To consider the proposal for Nath Bio-Genes buyback of equity shares of the Company, subject to approval of banks and other authorities.

Salient financial parameters:

(Financials of Nath-Bio Genes Buyback 2021)
Particulars (Cr) Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 TTM
Sales 127 142 171 206 246 315
Expenses 103 113 131 163 191 250
Operating Profit 25 29 40 43 55 65
OPM % 19% 20% 24% 21% 22% 20%
Other Income 1 1 1 2 2 0
Interest 6 10 10 5 7 8
Depreciation 4 3 1 1 1 2
Profit before tax 15 17 30 39 49 54
Tax % 6% 3% 2% 1% -4%
Net Profit 14 16 29 38 50 56
EPS in Rs 8.85 10.17 15.48 20.22 26.56 29.54
Source: Screener

How to Participate in buyback?

to be updated on 24.06.2021

Profit from the buyback on the bases of acceptance Ratio:

to be updated on 24.06.2021

Recommendation:

to be updated on 24.06.2021

10 Comments

    Goldiam international is proposing buyback, meeting scheduled on 21/07

    Upcoming Buyback -NDMETAL .Though the balance sheets are weak. So , nothing special to look forward too.

    No Buyback as they will discuss this with there present lenders and if approval is received .Then the same will be taken up for discussion in the next board meeting.

    Nath Bio-Genes Buyback to be announced on 24.06.2021

    Nath Bio-Genes Buyback 2021 has very low cash in the books i.e. 22 Crores. Need to see what could be the size of Nath Bio-Genes Buyback.

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