Nova Agritech Ltd. – Company Report
1. Company Overview
Nova Agritech Ltd., established in 2007 and headquartered in Hyderabad, Telangana, is a leading research-based agri-input manufacturer serving the Indian agriculture sector with innovative, sustainable, and nutritionally balanced products. The company is driven by a mission to empower farmers through science-backed, eco-friendly solutions. Its manufacturing and R&D facilities are located in Hyderabad, supported by a substantial pan-India distribution network. Nova Agritech maintains a strong presence in 16 states across India, with especially high penetration in Andhra Pradesh, Telangana, and Karnataka, which jointly account for about 84% of its revenue. The company is guided by a vision for operational excellence and stakeholder value, supported by a workforce that includes technical sales, brand building, and field outreach teams.
- Incorporated: 2007
- Headquarters: Hyderabad, Telangana, India
- Manufacturing Location: Hyderabad
- Employees: ~215 in sales, plus Kisan Mitras, Kisan Sevaks, and technical specialists
- Research: Dedicated R&D teams for continuous product innovation
- Network: 11,722 dealers (6,769 active) spanning 16 Indian states
- Overseas Agreements: Bangladesh, Sri Lanka, and Vietnam (pending regulatory permissions)
2. Products and Services
Nova Agritech offers a comprehensive portfolio of agri-input solutions covering the entire farm productivity value chain:
- Soil Health Management: Products aimed at improving soil fertility, structure, and microbial activity; includes bio-fertilizers and enhancers.
- Crop Nutrition: Organic and inorganic fertilizers, micronutrients, and specialty plant nutrition products for enhanced crop growth and yield.
- Biostimulants & BioPesticides: Eco-friendly biostimulants, biological pest/disease controls, and plant growth promoters.
- Integrated Pest Management (IPM) Products: Sustainable pest management solutions integrating biological, cultural, and chemical approaches.
- Crop Protection: A wide range of herbicides, insecticides, and fungicides. Production managed by subsidiary Nova Agri Sciences Pvt. Ltd., with 291 registered pesticide molecules.
- New Technology Products: Innovations in crop care and farm efficiency, continually added through in-house R&D.
- Agri-Extension & Advisory: Farmer education via agriclinic magazines, Nova Kisan Seva Kendram, and Kisan Mitra/Sevak field network.
As of late 2024, Nova Agritech holds 720+ product registrations, including:
- Soil Health: 7
- Crop Nutrition: 176
- Biopesticides: 4
- Technical/Manufacturing: 7
- Crop Protection: 526
Products cater to major field crops, vegetables, and fodder segments.
3. Recent News and Business Developments
Market Expansion: Continued entry into northern, eastern, and western states; reinforced dominance in southern markets.
Product Launches: New products in IPM, biostimulant, and high-efficiency crop nutrition categories.
Global Agreements: Progress made toward export agreements in Bangladesh, Sri Lanka, and Vietnam (pending approval).
Backward Integration: Company initiated backward integration in its crop protection chemicals (CPC) segment to manufacture off-patent molecules.
Marketing Network: Operates one of India's largest agri-input distribution networks with presence in 12,000+ outlets.
Farmer Engagement Initiatives: Runs campaigns like Nova Rath, Nova Kshetra Pradarshan, and Nova Choupals for farmer education and promotion.
Collaborations: Open to working with experts to strengthen sustainable agriculture and safe chemistry innovation.
Bribery Charges Against Founder:
- Y Sambasiva Rao, founder and TDP legislator, is under investigation by the Andhra Pradesh police and Revenue Intelligence Department.
- Case filed under Sections 123(1) RPA 1951, 171-E read with 120b IPC, and 155(2) CrPC.
- This development occurred post the company’s BSE listing and has raised short-term governance concerns.
Recognition and Certifications
18 Years of Operations (as of 2025)
ISO 9001:2015 Certified (Quality Management Systems)
Awards:
Special Recognition Award from the President of India for MSME entrepreneurship.
Honored as the “Best emerging novel nutrient company.”
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹294 crore |
| Net Profit | ₹27.4 crore |
| Operating Profit | ₹43 crore |
| Operating Margin | ~15% |
| Net Profit Margin | ~9% |
| Earnings Per Share (EPS) | ₹2.96 |
| Dividend | Nil (profits retained for growth) |