Pajson Agro India Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹678 Cr
- P/E
- 27.33
- ROE
- 27.53%
- PEG
- 0.04
- Price to sales
- 2.65
- Debt to equity
- 0.25
- 52W high / low
- ₹392 / ₹130
- EBITDA margin
- 14.34%
- Net profit margin
- 9.70%
- Promoter holding
- 62.47%
- Sales (last year)
- ₹256 Cr
Guidance scorecard · Q4 FY26 call
What Pajson Agro's management guided
and where it ranks in Food Products
Food Products
RevenueQ4 FY26 call
20–40%- Pajson Agro anticipates approximately 20% revenue growth from the existing 18,000 MT capacity in FY27.
- The new 35,000 MT capacity is expected to commence commercial production by Q3 FY27, with around 15% utilization in FY27 and ramping to 65-70% in FY28, reaching 85-90% thereafter.
- Peak revenue from the new capacity at 85% utilization is estimated at INR 470-475 crores.
- Overall revenue in FY28 is expected to reflect 70% utilization of new capacity, with further increases as utilization rises.
- Total installed capacity is planned to reach 70,000 MT by FY30 through continued expansion.
2 more points from Pajson Agro's call on revenue
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MarginsQ4 FY26 call
FlatSee what Pajson Agro said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Pajson Agro is undertaking a greenfield expansion project with a total capex of approx. INR 76 crores (excluding land already acquired).
- As of March 31, POs worth INR 39.5 crores have been issued for the new facility; advances of about INR 10.5 crores paid.
- Additional POs worth INR 20-25 crores planned to be issued in Q1 FY27.
- New processing capacity of 35,000 metric tons expected; commercial production to start from Q3 FY27 with gradual ramp-up to 85%-90% utilization by FY28.
- The expansion aims to build a high-margin, automated processing hub lowering per unit conversion costs.
2 more points from Pajson Agro's call on capex
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FundraisingQ4 FY26 call
See what Pajson Agro said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
- Repeat revenue from existing customers is nearly 78%, indicating strong demand and capacity constraints.
- The new capacity expansion aims to increase volumes with current customers and widen distribution.
- Purchase Orders (POs) issued to vendors for the new facility amount to approximately INR 39.5 crores.
- Advances issued against these POs are about INR 10.5 crores.
2 more points from Pajson Agro'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 Food Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Food Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹23,562 Cr | 134.3 | |
| 2 | 40%+ | Up 2%+ | ₹435 Cr | 7.5 | |
| 3 | 40%+ | Up 2%+ | ₹413 Cr | 72.6 | |
| 4 | 40%+ | Flat | ₹1,012 Cr | 46.0 | |
| 5 | 40%+ | Flat | ₹148 Cr | 9.8 | |
| 6 | 20–40% | Up 2%+ | ₹670 Cr | 48.3 |
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Pro shows every company guiding 40%+ revenue growth →Full Food Products rankingFinancials of Pajson Agro
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Pajson Agro
Quarterly Results
Quarter-by-quarter operating performance
Financials of Pajson Agro
Profit & Loss
Annual income statement trend
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales + | 101 | 96 | 187 | 256 |
| Expenses + | 100 | 90 | 157 | 219 |
| Operating Profit | 1 | 6 | 30 | 37 |
| OPM % | 1% | 6% | 16% | 14% |
| Other Income + | -0 | 0 | 0 | 1 |
| Interest | 0 | 0 | 2 | 3 |
| Depreciation | 1 | 1 | 1 | 2 |
| Profit before tax | 0 | 5 | 27 | 33 |
| Tax % | 50% | 27% | 25% | 25% |
| Net Profit + | 0 | 3 | 20 | 25 |
| EPS in Rs | 0.06 | 9.57 | 58.34 | 10.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
Financials of Pajson Agro
Balance Sheet
Capital structure and asset base
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 24 |
| Reserves | 17 | 20 | 41 | 112 |
| Borrowings + | 0 | 15 | 15 | 34 |
| Other Liabilities + | 30 | 17 | 7 | 25 |
| Total Liabilities | 50 | 55 | 66 | 196 |
| Fixed Assets + | 19 | 23 | 28 | 41 |
| CWIP | 0 | 0 | 3 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets + | 32 | 32 | 35 | 154 |
| Total Assets | 50 | 55 | 66 | 196 |
Financials of Pajson Agro
Cash Flows
Operating, investing and financing cash movement
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Cash from Operating Activity + | 12 | -9 | 16 | -14 |
| Cash from Investing Activity + | -1 | -6 | -10 | -72 |
| Cash from Financing Activity + | -11 | 14 | -2 | 84 |
| Net Cash Flow | 0 | -0 | 5 | -1 |
| Free Cash Flow | 11 | -14 | 8 | -35 |
| CFO/OP | 995% | -155% | 75% | -16% |
Financials of Pajson Agro
Ratios
Working capital efficiency and return ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 3 | 12 | 7 | 26 |
| Inventory Days | 113 | 107 | 37 | 73 |
| Days Payable | 127 | 73 | 8 | 39 |
| Cash Conversion Cycle | -11 | 46 | 36 | 60 |
| Working Capital Days | 3 | 3 | 14 | 123 |
| ROCE % | 16% | 59% | 31% |
Continue your research
What Pajson Agro's management said in earlier quarters
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