What we do Nirman Agri Genetics Ltd develops, produces, and markets hybrid seeds, bio-inputs, pesticides, and micronutrients for crops like corn, sunflower, cotton, and paddy in India. |
Founded in 2,020 |
Market share Emerging player in India's organized agri-input sector with a growing footprint in Maharashtra, Madhya Pradesh, and Gujarat. |
Problem solved Provides high-quality hybrid seeds and crop protection solutions addressing farmers' needs for better yields and crop resilience. |
Top clients or who we serve Serves Indian farmers primarily B2B via distributors and dealers in agri-focused regions Maharashtra, Madhya Pradesh, and Gujarat. |
Key management Pranav Kailas Bagal (Managing Director) with leadership focus on product development and market expansion. |
Our journey and innovations Started in 2018, launched proprietary hybrid seeds, expanded to bio-pesticides and micronutrients by 2022, and went public in 2023. |
Where we operate Operations primarily in Maharashtra, Madhya Pradesh, Gujarat with manufacturing and R&D facilities in Nashik, Nimgul and Buldhana. |
Top products or what we offer Hybrid seeds (corn, cotton, sunflower, paddy), bio-pesticides, bio-fertilizers, micronutrients, plant growth regulators. |
Top brands Fortuner hybrid seeds launched in 2018; Bt cotton hybrids and bio-inputs marketed under Nirman Agri Genetics brand. |
Raw materials needed Seeds, bio-organic materials, chemical compounds for pesticides and micronutrients production. |
Raw materials supplier Local and regional agricultural suppliers for seed and bio-input raw materials. |
Recurring vs cyclical contribution Revenue mainly recurring from seasonal seed sales and crop input supplies aligned with cropping cycles. |
Our industry position Positioned as a growing organized agri-input entity with diversified crop portfolio reducing single-crop dependence. |
Financial highlights FY 2024-25 Revenue: Rs. 236.5 crore; Profit after tax: Rs. 25.3 crore, showing substantial growth from previous year. |
Geographical revenue split 100% revenue generated from Indian markets, focused on western and central states. |
Order book - |
Whats driving growth Product innovation, expanded crop portfolio, increased marketing network, and rising farmer adoption of hybrid seeds. |
Our future plans Enhance R&D, broaden geographic reach, and introduce new bio-input products to capture larger market share. |
Our green promise Committed to bio-organic inputs and sustainable crop protection solutions supporting eco-friendly farming. |
Our people and values Workforce of 38 employees fostering innovation, corporate governance, and social responsibility. |
Key challenges ahead Regulatory compliance, scaling operations, competition from established seed companies, and supply chain stability. |
Interesting facts Rapid growth from proprietary seeds in 2018 to IPO in 2023 reflecting strong entrepreneurial vision. |
Risks and strategy Mitigates farming seasonality and regulatory risks via product diversification and robust internal controls. |