---
title: "Agribio Spirits Ltd (AGRIBIO) — Share Price, Financials & Analysis"
symbol: "539546"
company: "Agribio Spirits Ltd"
canonical: "https://tapetide.com/stocks/539546"
isin: "INE679E01015"
bse_code: "539546"
sector: "Commercial Services"
industry: "Trading & Distributors"
market_cap_cr: 338.48
generated_at: "2026-10-15T10:51:53.194Z"
---

# Agribio Spirits Ltd (AGRIBIO)

Canonical page: https://tapetide.com/stocks/539546

## Company

- **BSE Code:** 539546
- **ISIN:** INE679E01015
- **Sector:** Commercial Services
- **Industry:** Trading & Distributors
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2016-01-12
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bkn.bajoriagroup.in

## About

Incorporated in 1975, Agribio Spirits Ltd is in the business of manufacturing liquor[1]

## Latest Price

- **Price:** ₹311
- **Change:** +2 (+0.65%)
- **Open:** ₹305.4
- **Day High:** ₹312
- **Day Low:** ₹305.4
- **Previous Close:** ₹309
- **Volume:** 12105
- **As Of:** 2026-10-15T09:44:32+00:00

## Key Fundamentals

Price-based figures as of 2026-10-15T15:14:32+05:30.

Observed at 2026-10-15T04:40:38.470813Z.

- **Market Cap:** ₹338.48 Cr
- **Classification:** Microcap
- **P/E (TTM):** 78.93
- **EPS (TTM):** ₹3.94
- **Book Value:** ₹64.72
- **Price to Book:** 4.81
- **Dividend Yield:** 0.1%
- **ROE:** 4.13%
- **ROCE:** 3.85%
- **Debt to Equity:** 0.21
- **Revenue (yearly):** ₹47.5 Cr
- **Net Income:** ₹2.9 Cr
- **EBITDA:** ₹1.7 Cr
- **52-Week High:** ₹343
- **52-Week Low:** ₹201.3
- **RSI (14):** 44.69

## Tapetide Score

- **Score:** 53 / 100
- **Score date:** 2026-10-14
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 61.1 (of 4490 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 86.92 | 9% |
| growth | 93.2 | 9% |
| momentum | 79.33 | 12% |
| ownership | 50.72 | 24% |
| quality | 44.23 | 22% |
| valuation | 23.41 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Stock is trading at 4.81 times its book value
- Tax rate seems low
- Company has a low return on equity of 5.57% over last 3 years.
- Contingent liabilities of Rs.161 Cr.
- Earnings include an other income of Rs.5.23 Cr.
- Promoter holding has decreased over last 3 years: -18.4%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 73.79% | 73.37% | -151.9% |
| ebitda margin growth | 62.5% | -58.95% | -49.86% | -94.04% |
| net income growth | 33.33% | 11.54% | 6% | 16% |
| revenue growth | -84.89% | 128.37% | 36% | 116.44% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 6.3 | 3.78 | 4.77 | 0.56 | 5.07 | 7.85 | 4.71 | 7.36 | 16.86 | 7.83 | 12.95 | 0.63 |
| Expenses | 6.29 | 3.89 | 4.69 | 0.7 | 5.03 | 7.92 | 5.35 | 7.44 | 16.92 | 8.02 | 13.08 | 0.77 |
| Operating Profit | 0.01 | -0.11 | 0.08 | -0.14 | 0.04 | -0.07 | -0.64 | -0.08 | -0.06 | -0.19 | -0.13 | -0.14 |
| OPM % | 0.16 | -2.91 | 1.68 | -25 | 0.79 | -0.89 | -13.59 | -1.09 | -0.36 | -2.43 | -1 | -22.22 |
| Other Income | 0.79 | 0.69 | 0.13 | 0.84 | 1.4 | 1.46 | 1.46 | 1.23 | 1.34 | 1.49 | 0.92 | 1.48 |
| Interest | 0.01 | 0.08 | 0.02 | 0.02 | 0.06 | 0.1 | 0.01 | 0.02 | 0.08 | 0.09 | 0.1 | 0.1 |
| Depreciation | 0.04 | 0.02 | 0.05 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.1 | 0.01 |
| Profit before tax | 0.75 | 0.48 | 0.14 | 0.66 | 1.36 | 1.27 | 0.79 | 1.12 | 1.18 | 1.19 | 0.59 | 1.23 |
| Tax % | 2.67 | 25 | 150 | 4.55 | 11.03 | 7.87 | 16.46 | 12.5 | 8.47 | 8.4 | -50.85 | 1.63 |
| Net Profit | 0.73 | 0.35 | -0.08 | 0.63 | 1.21 | 1.17 | 0.66 | 0.98 | 1.08 | 1.1 | 0.9 | 1.21 |
| EPS in Rs | 0.95 | 0.46 | -0.1 | 0.82 | 1.57 | 1.17 | 0.64 | 0.9 | 0.99 | 1.01 | 0.83 | 1.11 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0.19 | 18.48 | 21.06 | 20.08 | 46.04 | 38.27 |
| Expenses | 0.27 | 0.4 | 17.75 | 20.29 | 19 | 45.78 | 38.79 |
| Operating Profit | -0.27 | -0.21 | 0.73 | 0.77 | 1.08 | 0.26 | -0.52 |
| OPM % | — | -110.53 | 3.95 | 3.66 | 5.38 | 0.56 | -1.36 |
| Other Income | 1.95 | 1.95 | 2.06 | 2.89 | 2.25 | 3.18 | 5.23 |
| Interest | 0.17 | 0.02 | 0.01 | 0.11 | 0.18 | 0.29 | 0.37 |
| Depreciation | 0 | 0 | 0 | 0.12 | 0.09 | 0.2 | 0.15 |
| Profit before tax | 1.51 | 1.72 | 2.78 | 3.43 | 3.06 | 2.95 | 4.19 |
| Tax % | 9.93 | 9.3 | 11.51 | 7.87 | 13.4 | 1.02 | — |
| Net Profit | 1.36 | 1.57 | 2.46 | 3.17 | 2.65 | 2.91 | 4.29 |
| EPS in Rs | 1.77 | 2.04 | 3.2 | 4.13 | 2.57 | 2.67 | 3.94 |
| Dividend Payout % | 0 | 0 | 15.61 | 4.85 | 9.73 | 11.22 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7.68 | 7.68 | 7.68 | 7.68 | 10.31 | 10.88 |
| Reserves | 8.96 | 8.94 | 7.63 | 40.46 | 55.52 | 59.55 |
| Borrowings | 0.98 | 0.84 | 0.63 | 2.39 | 1.49 | 15.1 |
| Other Liabilities | 0.2 | 4.15 | 6.48 | 8.16 | 1.57 | 5.29 |
| Total Liabilities | 17.82 | 21.61 | 22.42 | 58.69 | 68.89 | 90.82 |
| Fixed Assets | 0.07 | 0.01 | 0.23 | 0.3 | 0.21 | 14.53 |
| CWIP | 0 | 0 | 0 | 0 | 2.32 | 4.11 |
| Investments | 7.09 | 12.92 | 10.62 | 43.09 | 45.42 | 44.56 |
| Other Assets | 10.66 | 8.68 | 11.57 | 15.3 | 20.94 | 27.62 |
| Total Assets | 17.82 | 21.61 | 22.42 | 58.69 | 68.89 | 90.82 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.35 | 6.05 | 0.22 | -11.79 | -11.98 | -3.14 |
| Cash from Investing Activity | 0.98 | -5.69 | 0.38 | -0.1 | -1.29 | -12.19 |
| Cash from Financing Activity | -1.48 | -0.15 | -0.23 | 1.69 | 13.42 | 15.78 |
| Net Cash Flow | -0.85 | 0.21 | 0.37 | -10.2 | 0.15 | 0.45 |
| Free Cash Flow | -0.35 | 6.1 | 0.01 | -11.98 | -14.21 | -0.14 |
| CFO/OP | 89 | -2829 | 74 | -1474 | -1069 | -1223 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 0 | 23.11 | 19.76 | 31.99 | 6.18 |
| Inventory Days | — | — | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | — | 0 | 23.11 | 19.76 | 31.99 | 6.18 |
| Working Capital Days | — | 6320.26 | 85.72 | 89.43 | 344.46 | 151.11 |
| ROCE % | — | 9.92 | 16.71 | 10.65 | 5.5 | 4.24 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 61.61% | 61.61% | 61.61% | 61.61% | 61.61% | 47.42% | 45.93% | 43.5% | 43.27% | 43.27% | 43.27% | 43.27% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.09% | 0.16% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 35.5% | 35.22% | 35.48% | 35.5% | 35.34% | 49.69% | 51.31% | 54.01% | 53.73% | 53.74% | 53.62% | 53.41% |
| Others | 2.88% | 3.16% | 2.9% | 2.88% | 3.05% | 2.89% | 2.76% | 2.49% | 3% | 2.99% | 3.02% | 3.16% |
| No. of Shareholders | 1724 | 2336 | 2212 | 2091 | 2202 | 2199 | 2280 | 2274 | 2317 | 2221 | 2173 | 2210 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 7 / 4 / 8

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 308.98 | Buy |
| EMA (10) | 309.53 | Buy |
| SMA (20) | 311.64 | Sell |
| EMA (20) | 312.14 | Sell |
| SMA (50) | 318.6 | Sell |
| EMA (50) | 314.4 | Sell |
| SMA (100) | 311.14 | Sell |
| EMA (100) | 307.14 | Buy |
| SMA (200) | 282.67 | Buy |
| EMA (200) | 285.25 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.77 | Neutral |
| MACD (12,26,9) | -3.32 | Sell |
| Stochastic (14,3,3) | 16.68 | Buy |
| ADX (14) | 27.03 | Buy |
| Williams %R (14) | -72.88 | Neutral |
| ATR (14) | 10.93 | High Volatility |
| ROC (12) | -1.9 | Sell |
| Stoch RSI (14) | 96.76 | Sell |
| UO (7,14,28) | 32.05 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-04-22 | [Notice For Update Of Address Of The Corporate Office Of The Company.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73c7352b-7f40-4d31-9ee3-8ed298553d73.pdf) |
| 2026-04-22 | [Notice For Update Of Address Of The Corporate Office Of The Company.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/73c7352b-7f40-4d31-9ee3-8ed298553d73.pdf) |
| 2026-04-15 | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49d6fb8f-9785-4ab4-bebc-06cf0b7fbb39.pdf) |
| 2026-04-08 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8a2ec2d-0694-48d9-b476-8f679267079e.pdf) |
| 2026-03-19 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f34b5e71-6452-4352-8900-a443f4378ac8.pdf) |
| 2026-02-23 | [Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/E8D175B6_CC1B_4C2C_A577_ED8CE65A1857_122533.pdf) |
| 2026-02-23 | [Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7407CDF5_0B89_4373_B719_3E1EDCACB80C_122755.pdf) |
| 2026-02-19 | [Announcement Under Regulation 30 (LODR)_ Update On Amalgamation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7dc00038-8b42-4165-8816-e2d32d50c1cc.pdf) |
| 2026-02-18 | [Announcement Under Regulation 30 (LODR)_ Update On Scheme Of Amalgamation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/02a55296-96b5-435b-b8b8-542036d1ea59.pdf) |
| 2026-01-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba08a3fd-2e96-436a-bce2-7fa416ff0743.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2026 | [Annual Report 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb05e6fc-786e-4675-97b9-2f7aba342138.pdf) |
| 2025 | [Annual Report 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab578442-5ba7-4cad-b6a4-4d3e7d7b89b5.pdf) |
| 2024 | [Annual Report 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6f6f7406-5b26-4cc6-9be3-06025088b714.pdf) |
| 2023 | [Annual Report 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/794d21ae-c3fb-4837-b4e8-5b441ef6aaf2.pdf) |
| 2022 | [Annual Report 2022](https://www.bseindia.com/bseplus/AnnualReport/539546/76292539546.pdf) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/539546/71066539546.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/539546/67775539546.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/539546/5395460319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/539546/5395460318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/539546/5395460317.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-10-12 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f684330-fa0f-4115-aea2-27f87f735af5.pdf) |
| 2026-10-01 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6946a7de-14f6-47be-a751-a9fe1f7a18d7.pdf) |
| 2026-09-30 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c23a6a66-ee34-4c88-b083-4e268767ad2e.pdf) |
| 2026-09-30 | [Corporate Action-Board approves Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=05f2b96f-030f-4581-af59-152bea4b5c99.pdf) |
| 2026-09-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92768f8b-a701-4764-852d-fbe84ee37e1c.pdf) |
| 2026-09-22 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21572f7b-1437-42d1-af58-9430467f7c3a.pdf) |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e628a17-a06d-487b-859b-efbeff771ccb.pdf) |
| 2026-09-10 | [Appointment of Company Secretary and Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6105a76-7449-4067-8f9e-82a8aee2b7d6.pdf) |
| 2026-09-09 | [Commencement Of Production Activities By The Wholly Owned Subsidiary](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e087f76e-19fa-406c-ab19-deca2cea3d87.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa8b7070-b6d3-42e2-965e-63dfb3f833e2.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Results- Financial Results For 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83332673-e5eb-436b-aac2-424c65f14b55.pdf) |
| 2026-05-30 | [Results : Financial Results For The Year Ended March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49596455-39a3-4fb7-ab1d-7ebf9d5e65eb.pdf) |
| 2026-01-28 | [Results : For The Quarter Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72d5eea5-d5b2-496f-8250-5448df9bc10c.pdf) |
| 2025-11-14 | [Results: Financial Results For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80fd8784-50ee-43b8-8a57-0a2b5f750a44.pdf) |
| 2025-08-13 | [Financial Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ec6ee2c-eb2c-46ab-8ec0-63e80fc6b71c.pdf) |
| 2025-05-30 | [RESULTS FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f749a07-36db-4006-8a18-1519a12737a3.pdf) |
| 2024-11-14 | [Results Financial Results For Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d33f403c-854a-4446-9fec-c8fe5f8c3b41.pdf) |
| 2024-08-14 | [Results Financial Results For Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8358053f-67e3-4378-be51-d71f9eff6650.pdf) |
| 2024-07-03 | [Revised Financial Results For The Quarter And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91eade30-9783-446d-a30b-92073d676f40.pdf) |
| 2024-05-30 | [Results Financial Results For The Quarter And Half Year Ended 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4136d15-7069-43bf-bf62-39647f54a480.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-15T10:51:53.194Z.