Gurunanak Agriculture India Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹44 Cr
- P/E
- 7.29
- ROE
- 20.46%
- PEG
- 0.05
- Price to sales
- 1.07
- Debt to equity
- 0.04
- 52W high / low
- ₹46.9 / ₹22.9
- EBITDA margin
- 22.67%
- Net profit margin
- 14.45%
- Promoter holding
- 68.12%
- Sales (last year)
- ₹42 Cr
Incorporated in 2010, Gurunanak Agriculture India Ltd is in the business of manufacturing of agricultural machinery, including Threshers, Harvesters, Reapers, Rotavators, Cultivators, etc.[1]
Guidance scorecard · Q4 FY26 call
What Gurunanak Agriculture India Ltd's management guided
and where it ranks in Agricultural, Commercial & Construction Vehicles
Agricultural, Commercial & Construction Vehicles
RevenueQ4 FY26 call
20–40%- Targeting around 40-45 harvesters sales in the upcoming kharif season; plan to keep 35 units in stock before the season.
- Aim to sell 40-50 harvesters in the rabi season if manufacturing and R&D timelines are met.
- Medium-term goal to reach 500 harvesters per annum within three years.
- Harvesters expected to drive exponential growth compared to threshers, which have stagnant sales and will grow at 5-10% annually.
- Capacity expansion underway, with new assembly line targeting 300 harvesters per annum.
2 more points from Gurunanak Agriculture India Ltd's call on revenue
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MarginsQ4 FY26 call
FlatSee what Gurunanak Agriculture India Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Capex to be completed before September 2026; includes new shed, laser cutting machine, and CNC machine delivery (July 2026).
- Shed construction is mostly completed; flooring in progress.
- Machinery deliveries scheduled: laser machine by mid-July, CNC machine by late July.
- Focus on upgrading manufacturing for track-type and wheel-type harvesters.
- Plan to increase assembly line capacity to around 300 harvesters per annum with new setup.
- Small-scale thresher manufacturing ongoing; capacity to produce 30-35 threshers per day can be ramped up if needed.
- Developing new mini wheel-type harvester for Rabi season with MRP around INR 24-25 lakhs.
2 more points from Gurunanak Agriculture India Ltd's call on capex
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FundraisingQ4 FY26 call
See what Gurunanak Agriculture India Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
- Gurunanak Agriculture India Ltd. does not receive confirmed orders with advance payments; prior commitments are based on dealer network feedback and market research.
- The company plans to maintain a stock of 35-40 harvesters before the harvesting season to meet demand without shortage.
- Manufacturing capacity can be increased if there is a sudden spike in demand for threshers (30-35 threshers per day).
2 more points from Gurunanak Agriculture India Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Agricultural, Commercial & Construction Vehicles
on management's own guidance
- BEML LtdGood growth2
- TILGood growth1
- Indo Farm Equip.Good growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Agricultural, Commercial & Construction Vehicles companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | TIL | 20–40% | Up 2%+ | ₹1,894 Cr | — |
| 2 | BEML Ltd | 20–40% | Flat | ₹16,396 Cr | 91.9 |
| 3 | Indo Farm Equip. | 20–40% | Flat | ₹630 Cr | 25.3 |
| 4 | Gurunanak Agriculture India LtdThis stock | 20–40% | Flat | ₹38 Cr | 6.2 |
| 5 | 10–20% | Flat | ₹1.55L Cr | 20.9 | |
| 6 | 10–20% | Flat | ₹87,468 Cr | 23.5 |
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Pro shows every company guiding 40%+ revenue growth →Full Agricultural, Commercial & Construction Vehicles rankingFinancials of Gurunanak Agriculture India Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Gurunanak Agriculture India Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Gurunanak Agriculture India Ltd
Profit & Loss
Annual income statement trend
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Sales + | 40.66 | 39.01 | 44.20 | 43.86 |
| Expenses + | 39.06 | 36.43 | 38.76 | 33.90 |
| Operating Profit | 1.60 | 2.58 | 5.44 | 9.96 |
| OPM % | 3.94% | 6.61% | 12.31% | 22.71% |
| Other Income + | 0.60 | 0.20 | 0.08 | 0.02 |
| Interest | 0.67 | 1.01 | 1.24 | 1.01 |
| Depreciation | 0.81 | 0.86 | 0.96 | 0.70 |
| Profit before tax | 0.72 | 0.91 | 3.32 | 8.27 |
| Tax % | 29.17% | 31.87% | 25.90% | 26.60% |
| Net Profit + | 0.52 | 0.61 | 2.45 | 6.06 |
| EPS in Rs | 10.20 | 11.96 | 48.04 | 7.43 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Financials of Gurunanak Agriculture India Ltd
Balance Sheet
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.51 | 0.51 | 0.51 | 8.16 | 12.00 |
| Reserves | 2.65 | 3.26 | 5.71 | 4.11 | 31.00 |
| Borrowings + | 8.86 | 6.66 | 10.59 | 4.66 | 10.61 |
| Other Liabilities + | 8.65 | 7.75 | 5.18 | 3.23 | 9.29 |
| Total Liabilities | 20.67 | 18.18 | 21.99 | 20.16 | 62.90 |
| Fixed Assets + | 5.24 | 5.98 | 5.88 | 4.51 | 5.16 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.28 |
| Other Assets + | 15.43 | 12.20 | 16.11 | 15.65 | 57.46 |
| Total Assets | 20.67 | 18.18 | 21.99 | 20.16 | 62.90 |
Financials of Gurunanak Agriculture India Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Cash from Operating Activity + | -1.41 | 6.04 | 1.14 | 2.05 |
| Cash from Investing Activity + | -1.70 | -1.56 | -5.74 | 5.61 |
| Cash from Financing Activity + | 3.95 | -3.15 | 2.77 | -6.81 |
| Net Cash Flow | 0.84 | 1.33 | -1.84 | 0.84 |
| Free Cash Flow | -3.14 | 4.44 | -4.67 | 7.62 |
| CFO/OP | -72% | 246% | 38% | 43% |
Financials of Gurunanak Agriculture India Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 32.68 | 33.96 | 38.15 | 53.18 |
| Inventory Days | 55.28 | 27.64 | 34.96 | 71.74 |
| Days Payable | 25.89 | 20.46 | 18.48 | 8.45 |
| Cash Conversion Cycle | 62.06 | 41.15 | 54.63 | 116.47 |
| Working Capital Days | 0.36 | -20.58 | -23.78 | 61.67 |
| ROCE % | 16.84% | 33.48% | 55.48% |
Guidance history
How Gurunanak Agriculture India Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 20–40% | Flat | Planned | — | — |
| Q2 FY26 call → | 20–40% | Up 2%+ | Planned | Planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Gurunanak Agriculture India Ltd's management said in earlier quarters
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