Nagarjuna Agri Tech Faces Quality Grade Downgrade Amid Mixed Financial Performance

Nagarjuna Agri Tech, operating within the Other Agricultural Products sector, has recently undergone an evaluation adjustment that reflects a change in its quality grade. The company's quality grade has transitioned to below average, influenced by several key financial metrics. Over the past five years, Nagarjuna Agri Tech has experienced a sales growth decline of 14.81%, while its EBIT growth has shown a modest increase of 4.90%. The company's EBIT to interest ratio stands at -0.67, indicating challenges in servicing its debt obligations. Additionally, the net debt to equity ratio is reported at 0.00, suggesting a low level of net debt. The company's return on capital employed (ROCE) is at -20.69%, and the return on equity (ROE) is recorded at 4.66%, reflecting limited profitability relative to shareholders' funds. Furthermore, a significant portion of promoter shares, 43.97%, are pledged, which may exert additional pressure on the stock in adverse market conditions. Despite these challenges, Nagarjuna Agri Tech has demonstrated notable market performance, achieving a return of 56.66% over the past year, contrasting with the broader market's negative returns. For more insights on Nagarjuna Agri Tech's financial trends, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.