On 6 Nov 2026, Pajson Agro India was priced at ₹329.45, or 25.7× trailing earnings, against an industry P/E of 19.5×, and the shares are 20% below their 52-week high. Sales grew 36% a year over 3 years, with ROCE of 26% and ROE of 28%. Debt is 0.40× equity. It is listed on an SME platform with a market cap of ₹784 Cr, ranked 40th of 127 Packaged Foods companies by market cap; the shares rose 153% over the past year.
- ₹329.45
- ₹329.45
- ₹329.45
- ₹313.80
- 1.1 L
Health check
- ReturnsAhead
+153.0% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 25.7 vs industry 19.5.
- GrowthStrong
Sales +36.2%, profit +1040.0% a year over 3 years.
- ProfitabilityStrong
ROCE 25.8% vs peer median 15.3%.
- Balance sheetFair
Debt 0.40× equity, interest covered 14.3×, Piotroski 4 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹784 Cr
- Small cap
- P/E
- 25.7
- Industry 19.5
- Price to book
- 5.28
- Peers 8.88
- Dividend yield
- 0.00%
- ROE
- 27.5%
- Peers 14.8%
- ROCE
- 25.8%
- Peers 15.3%
- Debt to equity
- 0.40
- Debt ₹59 Cr
- EPS (TTM)
- ₹12.82
- OPM (TTM)
- 13.2%
- Net margin 8.2%
- Sales growth
- +36.2%
- Latest quarter vs a year ago
- Profit growth
- +9.0%
- Latest quarter vs a year ago
- Price to sales
- 2.78
- EV/EBITDA 21.1
Strengths and risks
Strengths
- Return on equity of 27.5%.
- Return on capital employed of 25.8%.
- Quarterly sales up 36.2% on a year ago.
About Pajson Agro India
Pajson Agro India Limited engages in the manufacturing and trading of cashew kernels and other dry fruit in India. It offers almond and pistachios kernels, mewa, raw cashew nuts, cashew husk, borma cashew kernels, and cashew nut shells, as well as other products. The company was incorporated in 2021 and is based in Delhi, India.
- Headquarters
- Delhi
- Employees
- 473
- Sector
- Consumer Defensive
- ISIN
- INE14LM01012
- Website
- pajsonagro.com
Price range
- Avg volume (3M)
- 31.1K
- 1-year return
- plus 153.0%
- From 52-week high
- minus 19.9%
Peers · Packaged Foods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NESTLEINDNestle India | 1,282.10 | plus 1.89% | 2,47,229 | 60.6 | 42.76 | – | 79.9% | 21.0% | – | – | 0.94% | minus 0.5% |
| BRITANNIABritannia Industries | 4,785.00 | minus 3.92% | 1,15,255 | 43.2 | 27.13 | 61.2% | 66.7% | 18.4% | 5.7% | 3.0% | 1.89% | minus 15.5% |
| TATACONSUMTata Consumer Products | 1,086.30 | plus 0.80% | 1,07,511 | 63.3 | 4.86 | 8.3% | 7.6% | 14.0% | 13.9% | 8.6% | 0.92% | minus 8.6% |
| PATANJALIPatanjali Foods | 411.50 | plus 0.19% | 44,776 | 22.7 | 3.42 | 11.2% | 14.8% | 4.2% | 8.7% | 27.0% | 0.98% | minus 28.6% |
| HATSUNHatsun Agro Product | 1,068.10 | plus 0.33% | 23,792 | 66.0 | 12.07 | 20.2% | 19.0% | 10.7% | 11.2% | 29.0% | 1.87% | plus 2.4% |
| MILKYMISTMilky Mist Dairy Food | 297.20 | plus 0.93% | 22,880 | 91.2 | 8.88 | – | 9.7% | 10.1% | – | – | 0.00% | plus 63.7% |
| AWLAWL Agri Business | 167.00 | minus 0.48% | 21,573 | 18.7 | 1.98 | 15.3% | 11.1% | 2.9% | 8.7% | 21.4% | 0.60% | minus 39.5% |
| PAJSONPajson Agro India | 329.45 | plus 4.99% | 784 | 25.7 | 5.28 | 25.8% | 27.5% | 13.2% | 36.2% | 1040.0% | 0.00% | plus 153.0% |
| Median of 7 peers | – | 0.33% | 44,776 | 60.6 | 8.88 | 15.3% | 14.8% | 10.7% | 8.7% | 21.4% | 0.94% | −8.6% |
Quarterly results
| ₹ Cr | Mar 25 | Mar 26 |
|---|---|---|
| 101 | 137 | |
| 86.7 | 122 | |
| 14.1 | 15.6 | |
| 14.0% | 11.3% | |
| 0 | 1.2 | |
| 0.8 | 1.7 | |
| 0.7 | 0.9 | |
| 12.6 | 14.2 | |
| 23.1% | 25.4% | |
| 9.7 | 10.6 | |
| 5.54 | 5.47 |
Profit & loss
- Sales CAGR 3Y
- +36.2%
- Profit CAGR 3Y
- +1040.0%
- ROE
- 27.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 101 | 95.9 | 187 | 256 | |
| – | minus 5.1% | +95.2% | +36.6% | |
| 100 | 90.3 | 157 | 217 | |
| 1 | 5.6 | 30.3 | 38.8 | |
| 1.0% | 5.8% | 16.2% | 15.2% | |
| 0.1 | 0 | −0.2 | −1.2 | |
| 0.1 | 0 | 1.4 | 2.5 | |
| 0.9 | 1 | 1.4 | 1.9 | |
| −0.1 | – | −0 | −0 | |
| 0 | 4.6 | 27.3 | 33.2 | |
| 32.1% | 27.5% | 25.3% | 25.3% | |
| 0 | 3.4 | 20.4 | 24.8 | |
| – | +19978.4% | +508.6% | +21.4% | |
| 0.01 | 1.41 | 8.57 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.5 | 3.5 | 3.5 | 23.8 | |
| 16.9 | 20.3 | 40.7 | 112 | |
| – | 14.6 | 14.6 | 34.2 | |
| 29.7 | 17 | 7 | 25.3 | |
| 50.2 | 55.4 | 65.8 | 196 | |
| 18.5 | 23 | 32.8 | 52.1 | |
| – | 0 | 4.7 | 10.9 | |
| – | – | 0 | – | |
| 0.6 | 0.6 | 5.1 | 55.1 | |
| 31.1 | 31.8 | 23.2 | 77.5 | |
| 50.2 | 55.4 | 65.8 | 196 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.6 | −8.9 | 17.2 | −13.9 | |
| −0.7 | −5.5 | −11.1 | −71.5 | |
| −10.6 | 14.4 | −1.6 | 84 | |
| 0.4 | −0.1 | 4.6 | −1.5 | |
| −0.4 | −5.5 | −11.2 | −21.3 | |
| 11.2 | −14.5 | 6 | −35.2 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.