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Nova Agritech

Nova Agritech

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Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

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Overview

Nova AgriTech (NATL) was established in 2007 as a research-based company engaged in soil health management. The company is a leading manufacturer of agricultural inputs, with a strong focus on soil health management, crop nutrition, and crop protection. It is driven by a commitment to technology-led innovation and ecological responsibility. With a robust R&D foundation, NATL develops sustainable and nutritionally balanced products that meet the evolving needs of farmers while upholding high environmental standards. The company’s well-equipped R&D facilities are supported by other departments through a responsive process that ensures the successful outcomes of research reach the farming community.

With a diversified product portfolio and multiple registrations across soil enhancers, crop nutrients, biopesticides, and crop protection solutions, NATL continues to support Indian agriculture’s shift toward productivity, sustainability, and self-reliance.

The company was incorporated as a private limited company under the provisions of the Companies Act, 1956 on May 9, 2007 at Hyderabad, erstwhile Andhra Pradesh as ‘Nova Agritech Private Limited’. The company’s business was started by its founder Sambasivarao Yeluri and Kalyana Chakravarthy. Thereafter, pursuant to a special resolution passed by its shareholders on September 8, 2018, the company was converted to a public limited company and its name was changed to ‘Nova Agritech Limited’. A fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, Hyderabad (RoC) on September 24, 2018.

Business area of the company

The company is an agri-input manufacturer offering soil health management, crop nutrition and crop protection products focused on tech-based farmer driven solution approach, wherein it mainly offers ecologically sustainable and nutritionally balanced products based on its Research and Development.

Product portfolio

  • Crop Nutrition Solutions
  • Soil Health Management
  • Integrated Pest Management (IPM)
  • Bio Stimulants
  • Bio Pesticides
  • New-Age Agri Technologies

Awards, accreditations or recognitions

  • 2008: Obtained ISO certificate under ISO 9001:2015 for Manufacturing and Marketing of Agricultural Bio Products, Organics Manures and Micro Nutrients.
  • 2012: Certification of Membership from Quality Circle Forum of India as an Institution Member.
  • 2012: Certificate of Membership as a member of Panel E from the Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry.
  • 2017: Certificate of Life Corporate Member from National Centre of Quality Management.
  • 2017: Joined as a PANEL -A member in FTCCI.
  • 2019: Bestowed the ‘Leader with Strategic Vision Award’ by Agri Business Summit & Agri Awards, 2019.
  • 2019: Awarded as ‘Emerging Novel Nutrient Company’ by Agri Business Summit & Agri Awards, 2019.
  • 2021: Certificate of Membership accorded by Bioagri Input Producers Association (BIPA)
  • 2022: Awarded with ‘Best Company of The Year- Soil Health Management’ by Agri Awards-2022.
  • 2022: Awarded with “HR Best Practices” for 2022 in the category of Talent Acquisition and Management (Medium Scale Industry) by the Federation of Telangana Chambers of Commerce and Industry.
  • 2022: Joined as a member or ‘IMMA-Indian Micronutrient Fertilizers Manufacturers Association’.
  • 2022: Awarded as the ‘Leader with Strategic Vision-Business Transformation’ by Agri Business Summit & Awards ABSA, 2022.
  • 2023: Won Best HR Practices Award by FICCI.

History and milestones 

  • 2011: Inception of Nova Raithu Seva Kendram.
  • 2012: Expanded its business by appointing C&F agents in the states of Madhya Pradesh and Chhattisgarh.
  • 2013: Expanded its business to the state Maharashtra.
  • 2013: Acquired a land for setting up new Manufacturing Facility at Singannaguda Village, Mulugu Mandal, Siddipet, Medak, Telangana.
  • 2014: Crossed turnover of Rs 50 crore in the financial year 2013-14.
  • 2014: Expanded its business by appointing C&F agents in the State of Rajasthan.
  • 2017: Introduced 100% water soluble nitrogen (N), phosphorus (P) and potassium (K) (NPK) mixture fertilizers on ‘Nova Nutri’ series to market.
  • 2018: Crossed turnover of Rs 100.00 crore in the financial year 2017-18.
  • 2018: Changed the status of the Company from Private Limited to Public i.e. to Nova Agritech Limited.
  • 2019: Inception of Nova Kisan Seva Kendra.
  • 2020: Introduced beneficial element fertilizers ‘V-Lock’ in the market.
  • 2021: Crossed turnover of Rs 150.00 crore in the financial year 2020-21.
  • 2022: Introduced fertilizer and pesticide spraying drones ‘Nova Agribot’ and soil health scanning device ‘Bhu-Parikshak’ to market.
  • 2022: Introduced beneficial element fertilizers ‘HY-Clean’ in the market.
  • 2022: 10 acres of land allotted by Karnataka Industrial Areas Development Board (KIADB) for manufacture of ‘Agro Chemical, Pesticides, Bio Stimulants, Micro Nutrients, Water Solubles’ in the State of Karnataka.
  • 2022: Expanded its business by appointing C&F agentsin the States of Gujrat,Jammu & Kashmir, Tamil Nadu, Uttarakhand, Uttar Pradesh and West Bengal.
  • 2024: Nova Agritech listed on the BSE and NSE on January 31, 2024. 
  • 2024: Crossed turnover of Rs 20,000 lakh.
  • 2024: Received approval for investment in Nova Agri Sciences (Wholly-owned Subsidiary) upto Rs 35.28 crore by way of subscription to OCDs in one or more tranches.
  • 2024: Entered into an agreement with Koneru Lakshmaiah Education Foundation renowned as Koneru Lakshmaiah (KL) University.
Brands Of Nova Agritech

Brands Of Nova Agritech

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