---
title: "Gurunanak Agriculture India Ltd (GURUNANAK) — Share Price, Financials & Analysis"
symbol: "GURUNANAK"
company: "Gurunanak Agriculture India Ltd"
canonical: "https://tapetide.com/stocks/GURUNANAK"
isin: "INE1CCX01012"
nse_symbol: "GURUNANAK"
sector: "Automobiles"
industry: "Tractors"
market_cap_cr: 48
generated_at: "2026-09-13T18:50:26.181Z"
---

# Gurunanak Agriculture India Ltd (GURUNANAK)

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

## Company

- **NSE Symbol:** GURUNANAK
- **ISIN:** INE1CCX01012
- **Sector:** Automobiles
- **Industry:** Tractors
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2025-10-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gnagro.com

## About

Incorporated in February 2010, Gurunanak Agriculture India Limited manufactures agricultural machinery such as threshers, harvesters, reapers, and rotavators.[1]

## Latest Price

- **Price:** ₹38.05
- **Change:** -1.95 (-4.88%)
- **Open:** ₹38.05
- **Day High:** ₹38.05
- **Day Low:** ₹38.05
- **Previous Close:** ₹40
- **Volume:** 1600
- **As Of:** 2026-09-11T09:57:32+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:35.058356Z.

- **Market Cap:** ₹48 Cr
- **Classification:** SME
- **P/E (reported):** 7.9
- **Book Value:** ₹39.3
- **Price to Book:** 1.02
- **Dividend Yield:** 0%
- **ROE:** 49.33%
- **ROCE:** 63.88%
- **Debt to Equity:** 0.04
- **Revenue (yearly):** ₹42.08 Cr
- **Net Income:** ₹6.09 Cr
- **EBITDA:** ₹9.52 Cr
- **52-Week High:** ₹60
- **52-Week Low:** ₹22.45
- **RSI (14):** 56.84

## Tapetide Score

- **Score:** 61 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Rising
- **Percentile:** 90.4 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 86.34 | 9% |
| growth | 29.38 | 9% |
| momentum | 83.41 | 12% |
| ownership | 60.98 | 24% |
| quality | 53.5 | 22% |
| valuation | 59.68 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.97 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.3%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 53.7 to 69.7 days.
- Working capital days have increased from 79.8 days to 202 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 79.82% | -66.06% | -97.28% |
| ebitda margin growth | -0.49% | 82.02% | 329.83% |
| net income growth | -0.16% | 118% | — |
| revenue growth | -4.36% | 3% | 0.47% |
| roce | 34.6% | 142.98% | 39.07% |
| roe | 25.04% | 34.97% | 206.02% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 24.56 | 19.3 | 16.1 | 25.98 |
| Expenses | 19.31 | 14.71 | 12.77 | 19.79 |
| Operating Profit | 5.25 | 4.59 | 3.33 | 6.19 |
| OPM % | 21.38 | 23.78 | 20.68 | 23.83 |
| Other Income | 0.01 | 0.06 | 0.1 | 0.18 |
| Interest | 0.65 | 0.24 | 0.27 | 0.24 |
| Depreciation | 0.35 | 0.35 | 0.36 | 0.43 |
| Profit before tax | 4.26 | 4.06 | 2.8 | 5.7 |
| Tax % | 19.48 | 27.83 | 25.36 | 29.82 |
| Net Profit | 3.42 | 2.93 | 2.09 | 4 |
| EPS in Rs | 67.06 | 3.59 | 1.74 | 3.33 |

### Profit & Loss

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 40.66 | 39.01 | 44.2 | 43.86 | 42.08 |
| Expenses | 39.06 | 36.43 | 38.76 | 33.9 | 32.55 |
| Operating Profit | 1.6 | 2.58 | 5.44 | 9.96 | 9.53 |
| OPM % | 3.94 | 6.61 | 12.31 | 22.71 | 22.65 |
| Other Income | 0.6 | 0.2 | 0.08 | 0.02 | 0.27 |
| Interest | 0.67 | 1.01 | 1.24 | 1.01 | 0.51 |
| Depreciation | 0.81 | 0.86 | 0.96 | 0.7 | 0.79 |
| Profit before tax | 0.72 | 0.91 | 3.32 | 8.27 | 8.5 |
| Tax % | 29.17 | 31.87 | 25.9 | 26.6 | 28.35 |
| Net Profit | 0.52 | 0.61 | 2.45 | 6.06 | 6.08 |
| EPS in Rs | 10.2 | 11.96 | 48.04 | 7.43 | 5.07 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.51 | 0.51 | 0.51 | 8.16 | 12 |
| Reserves | 2.65 | 3.26 | 5.71 | 4.11 | 35.16 |
| Borrowings | 8.86 | 6.66 | 10.59 | 4.66 | 2.07 |
| Other Liabilities | 8.65 | 7.75 | 5.18 | 3.23 | 2.74 |
| Total Liabilities | 20.67 | 18.18 | 21.99 | 20.16 | 51.97 |
| Fixed Assets | 5.24 | 5.98 | 5.88 | 4.51 | 8.4 |
| CWIP | 0 | 0 | 0 | 0 | 0.18 |
| Investments | 0 | 0 | 0 | 0 | 0.74 |
| Other Assets | 15.43 | 12.2 | 16.11 | 15.65 | 42.65 |
| Total Assets | 20.67 | 18.18 | 21.99 | 20.16 | 51.97 |

### Cash Flow

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1.41 | 6.04 | 1.14 | 2.05 | -7.29 |
| Cash from Investing Activity | -1.7 | -1.56 | -5.74 | 5.61 | -4.76 |
| Cash from Financing Activity | 3.95 | -3.15 | 2.77 | -6.81 | 25.7 |
| Net Cash Flow | 0.84 | 1.33 | -1.84 | 0.84 | 13.65 |
| Free Cash Flow | -3.14 | 4.44 | -4.67 | 7.62 | -12.16 |
| CFO/OP | -72 | 246 | 38 | 43 | -51 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 32.68 | 33.96 | 38.15 | 53.18 | 69.74 |
| Inventory Days | 55.28 | 27.64 | 34.96 | 71.74 | 125.38 |
| Days Payable | 25.89 | 20.46 | 18.48 | 8.45 | 1.95 |
| Cash Conversion Cycle | 62.06 | 41.15 | 54.63 | 116.47 | 193.17 |
| Working Capital Days | 0.36 | -20.58 | -23.78 | 61.67 | 201.67 |
| ROCE % | — | 16.84 | 33.48 | 55.48 | 27.24 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Promoters | 99.99% | 68% | 68% |
| FIIs | 0% | 0% | 0% |
| DIIs | 0% | 0% | 1.64% |
| Government | 0% | 0% | 0% |
| Public | 0% | 28.79% | 28.03% |
| Others | 0.01% | 3.21% | 2.33% |
| No. of Shareholders | 7 | 7 | 976 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 6 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 37.02 | Buy |
| EMA (10) | 37.54 | Buy |
| SMA (20) | 36.87 | Buy |
| EMA (20) | 37.56 | Buy |
| SMA (50) | 38.92 | Sell |
| EMA (50) | 37.92 | Buy |
| SMA (100) | 37.6 | Buy |
| EMA (100) | 37.2 | Buy |
| SMA (200) | 34.41 | Buy |
| EMA (200) | 35.14 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 50.9 | Neutral |
| MACD (12,26,9) | -0.24 | Buy |
| Stochastic (14,3,3) | 90.15 | Sell |
| ADX (14) | 9.98 | Neutral |
| Williams %R (14) | -29.55 | Neutral |
| ATR (14) | 1.8 | High Volatility |
| ROC (12) | 6.88 | Buy |
| Stoch RSI (14) | 66.33 | Neutral |
| UO (7,14,28) | 58.62 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 January 2026 - Q3 FY26: ~Rs.38 crore revenues till Dec 2025; strong TCH demand; IPO-led capacity expansion. | [Press Release 9 January 2026 - Q3 FY26: ~Rs.38 crore revenues till Dec 2025; strong TCH demand; IPO-led capacity expansion.](https://nsearchives.nseindia.com/corporate/GURUNANAK_09012026184059_GAIL_PRESS_RELEASE.pdf) |
| 9 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 9 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=GURUNANAK&tabIndex=sme) |
| 8 Sep - Newspaper advertisement published for 16th AGM notice and e-voting details on September 8, 2026. | [Copy of Newspaper Publication 8 Sep - Newspaper advertisement published for 16th AGM notice and e-voting details on September 8, 2026.](https://nsearchives.nseindia.com/corporate/GURUNANAK_08092026195824_NEWSPAPER_ADVERTISEMENT.pdf) |
| 8 Jul - Gurunanak Agriculture India Limited has informed about Disclosure of acquisition of securities under regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 | [General Updates 8 Jul - Gurunanak Agriculture India Limited has informed about Disclosure of acquisition of securities under regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015](https://nsearchives.nseindia.com/corporate/GURUNANAK_08072026181038_GAIL_PROMOTER_BUYING_SIGNED.pdf) |
| 8 December 2025 - Gurunanak Agriculture India Limited has informed regarding 'Clarification on Movement in Price'. | [Updates 8 December 2025 - Gurunanak Agriculture India Limited has informed regarding 'Clarification on Movement in Price'.](https://nsearchives.nseindia.com/corporate/GURUNANAK_08122025140442_NSE_REPLY_SIGNED.pdf) |
| 7 Sep - Board approved FY25-26 draft report, AGM on 30 September 2026, and book closure from 24-30 September. | [Outcome of Board Meeting 7 Sep - Board approved FY25-26 draft report, AGM on 30 September 2026, and book closure from 24-30 September.](https://nsearchives.nseindia.com/corporate/GURUNANAK_07092026175946_GAIL_OUTCOME_OF_BM.pdf) |
| 7 Sep - 16th AGM on 30 September 2026 via VC/OAVM; Harjeet Singh retires by rotation. | [Shareholders meeting 7 Sep - 16th AGM on 30 September 2026 via VC/OAVM; Harjeet Singh retires by rotation.](https://nsearchives.nseindia.com/corporate/GURUNANAK_07092026180217_GAIL_AGM_NOTICE_INTIMATION.pdf) |
| 6 Jul - Auditor issued report on audited standalone half-yearly and annual results for March 31, 2026. | [Updates 6 Jul - Auditor issued report on audited standalone half-yearly and annual results for March 31, 2026.](https://nsearchives.nseindia.com/corporate/GURUNANAK_06072026164300_GURUNANAK_OUTCOME_OF_BM.pdf) |
| 5 February 2026 - Clarifies TractorGyan.com's December 2025 harvester sales data inaccurate; advises relying on official statutory disclosures. | [Press Release 5 February 2026 - Clarifies TractorGyan.com's December 2025 harvester sales data inaccurate; advises relying on official statutory disclosures.](https://nsearchives.nseindia.com/corporate/GURUNANAK_05022026165819_GAIL_PRESS_RELEASE_SIGNED.pdf) |
| 4 June 2026 - Investor presentation on H2 FY26 audited results; FY26 revenue ₹4,208.23 lakh, net profit ₹608.38 lakh. | [Investor Presentation 4 June 2026 - Investor presentation on H2 FY26 audited results; FY26 revenue ₹4,208.23 lakh, net profit ₹608.38 lakh.](https://nsearchives.nseindia.com/corporate/GURUNANAK_04062026133200_GURUNANAK_INVESTOR_PRESENTATION.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/GURUNANAK_26112025174909_GAIL_Transcript_of_Recording_Signed.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31729_GURUNANAK_2025_2026_A_4831366_07092026180507.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 2026-09-13T18:50:26.181Z.