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Narmada Agrobase delivered a solid H1 FY26. Total Income hit Rs. 23.70 Cr, EBITDA Rs. 3.27 Cr (13.82% margin), and PAT Rs. 2.05 Cr (8.63% margin). The business is balanced, with cattle feed (52%) and cotton seed (48%) driving revenue.
Management is boosting domestic reach in key markets and scaling non-GMO exports to global regions. Focus is on value-added products for better margins. Capacity utilization is above 50%. The company expects FY26 revenue to rise, particularly in H2, with stable operating margins and improved working capital. Confident outlook for continued growth.