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Nath Bio-Genes (India) Limited (NATHBIOGEN) Fair Value & Analysis

Basic Materials · IN · Market cap ₹3.1B

NB Nath Bio-Genes (India) Limited NATHBIOGEN · NSE
Price₹154.43
Fair Value₹230.04
Upside+49.0%
Quality43/100
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Expensive Growth
Thin margins · 9.4% net margin
Low debt · negative free cash flow
1.21% dividend yield
Ranks above peers (10/13)
Narrow moat 34/100
Evidence: High Range ₹230.04 – ₹271.57 Share as image

Fair value as of: Aug 13, 2026

From 17 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from ₹255.22 to ₹230.04 (−9.9%) since Aug 8, 2026. Share price −3.5% over the past month.

Below-average quality, screening 49% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (43/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (₹230.04). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

₹422.02 ₹129.02 Fair Value ₹230.04 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹129.02 – ₹422.02 · fair‑value band ₹230.04 – ₹271.57 · the ₹154.43 price screens below the ₹230.04 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Nath Bio-Genes (India) Limited (NATHBIOGEN) currently trades at ₹154.43, while our model-based Fair Value estimate is ₹230.04, implying the stock looks roughly 49.0% undervalued today. The Quality Score stands at 43/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Nath Bio-Genes (India) Limited generated revenue of ₹4.5B at a net margin of 9.4%. Revenue declined 1.0% year over year. It earns a return on equity of 6.3%. Net debt stands at ₹625M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹230.04 (bear case) to ₹271.57 (bull case); at ₹154.43, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 35% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -17% fair-value upside, at 49%, NATHBIOGEN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹277.39 ₹283.39 ₹282.41 76
ROIC Compounder ₹239.57 ₹272.52 ₹300.95 72
Gordon GGM ₹17.57 ₹35.00 ₹53.00 70
All 17 models by family
DCF Models
Owner Earnings ₹296.68 ₹483.98 ₹787.48 31
Earnings-Based
Graham-Dodd ₹148.96 ₹635.30 ₹867.67 54
Lynch FV ₹162.24 ₹231.77 ₹301.30 50
PEG = 1.0 ₹162.24 ₹231.77 ₹301.30 46
EPV ₹239.57 ₹272.52 ₹300.95 59
Dividend Discount
Gordon GGM ₹17.57 ₹35.00 ₹53.00 70
DDM Multi-Stage ₹17.57 ₹30.25 ₹36.94 61
Multiples
P/E Multiple ₹279.30 ₹372.40 ₹465.50 63
P/S Multiple ₹263.49 ₹351.32 ₹439.15 58
P/B Multiple ₹279.30 ₹372.40 ₹465.50 55
EV/EBIT ₹298.70 ₹387.98 ₹477.26 53
EV/EBITDA ₹237.83 ₹306.81 ₹375.79 54
EV/Revenue ₹262.99 ₹362.47 ₹461.95 43
Asset-Based
NCAV (Graham) ₹179.03 ₹239.90 ₹358.06 50
Economic Profit
Residual Income ₹277.39 ₹283.39 ₹282.41 76
ROIC Compounder ₹239.57 ₹272.52 ₹300.95 72
Growth Earnings
Growth-Adj P/E ₹243.15 ₹347.35 ₹451.56 68

Widest divergence: DCF Models (₹483.98) versus Dividend Discount (₹30.25). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹4.5B
Revenue growth (YoY) -1.0%
Net margin 9.4%
Return on equity 6.3%
Free cash flow −₹250M FY2026
P/E ratio 7.4
More key figures
Operating margin 6.7%
EPS (TTM) ₹20.98
Dividend yield 1.2%
EPS growth (YoY) -36.8%
Net debt ₹625M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 41 · Market factors (momentum, volatility) 41

Profitability 34
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 57
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Nath Bio-Genes (India) Limited engages in the production, processing, and marketing of hybrid and GM seeds in India and internationally. It operates in two segments, Agricultural Activities and Trading Activities.

Full company description

Nath Bio-Genes (India) Limited engages in the production, processing, and marketing of hybrid and GM seeds in India and internationally. It operates in two segments, Agricultural Activities and Trading Activities. The company offers fiber and oil seeds, including cotton and mustard; plant nutrient supplements; pearl millets; seeds for field crops, such as bajra, maize, corn, paddy, wheat, and jowar; and seeds for vegetables comprising chilli, okra, tomato, bitter gourd, and cucumber. It also provides crop protection supplements under the Win-chi-Win, WinGoli, and WinPro Granules brands; and forage seeds under the NUTRIMAX GOLD and NUTRIMAX brand names. The company was founded in 1979 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Nath Bio-Genes (India) Limited reported revenue of ₹4.5B in FY2026 versus ₹2.8B in FY2022, a compound +12.5%/yr. Reported net income was ₹416M in FY2026.

Growth Quality 43/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹4.5B
Latest YoY
+22.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.7%
Avg. growth/yr (14Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.6%
Revenue +12.5%/yr
FY22 ₹2.8B
FY23 ₹3.0B
FY24 ₹2.5B
FY25 ₹3.6B
FY26 ₹4.5B
Net income
FY22 −₹673M
FY23 ₹350M
FY24 ₹396M
FY25 ₹386M
FY26 ₹416M
Character of growth · EPS growth decomposed (2015-2026) +6.6 % p.a.
Revenue per share +6.0 pp

of which total revenue +8.3 pp · buybacks/dilution −2.3 pp

EBIT margin +0.1 pp
Tax rate −0.3 pp
Residual (interest, one-offs) +0.7 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Nath Bio-Genes (India) Limited Fair Value". https://www.fairvalue-calculator.com/stock/NATHBIOGEN

Peer Group

Agricultural Inputs · 177 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 43 · Below median
Fair Value upside +49% · Top 25%
Return on equity (TTM) 6% · Above median
Return on assets 3% · Above median
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 7% · Above median
Revenue growth -1% · Below median
Dividend yield (TTM) 1.2% · Below median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Agricultural Inputs median · lower = cheaper

P/E (TTM) 7.4× · Cheaper than 75% of peers
P/B 0.46× · Cheaper than 75% of peers
P/S (TTM) 0.71× · Cheaper than median
EV/EBITDA 4.9× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 99 · sector 24
FUTURE 0 · sector 41
PAST 25 · sector 24
HEALTH 99 · sector 97
DIVIDEND 24 · sector 41

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Agricultural Inputs stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Corteva, Inc CTVA $76.22 $27.81 -64%
Nutrien Ltd NTR C$93.60 C$81.69 -13%
Qinghai Salt Lake Industry Co 000792 ¥27.65 ¥21.26 -23%
CF Industries Holdings CF $120.01 $161.00 +34%
SABIC Agri-Nutrients Company 2020 122.90 SAR 127.31 SAR +4%
Yara International ASA YAR kr 418.10 kr 67.25 -84%
Yunnan Yuntianhua Co 600096 ¥29.82 ¥42.12 +41%
Asia-potash International Investment (Guangzhou)Co.,Ltd., 000893 ¥45.86 ¥38.01 -17%
Coromandel International Limited COROMANDEL ₹2,089 ₹1,129 -46%
UPL Limited UPL ₹570.50 ₹387.06 -32%

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Frequently asked questions

Is Nath Bio-Genes (India) Limited (NATHBIOGEN) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹230.04 versus a price of ₹154.43, about +49% (undervalued).
What is the fair value of NATHBIOGEN?
Our model-based fair value for Nath Bio-Genes (India) Limited is ₹230.04 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹154.43.
What is the quality score of NATHBIOGEN?
Nath Bio-Genes (India) Limited has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Nath Bio-Genes (India) Limited (NATHBIOGEN)?
Nath Bio-Genes (India) Limited reported trailing-twelve-month revenue of about ₹4.5B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of NATHBIOGEN?
The net profit margin of Nath Bio-Genes (India) Limited is about 9.4%, meaning it keeps roughly 9.4% of revenue as net income. Based on the latest reported figures.
Does Nath Bio-Genes (India) Limited pay a dividend?
Nath Bio-Genes (India) Limited currently shows a dividend yield of about 1.21% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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