Narmada Agrobase (NSE:NARMADA) Days Inventory: 40.94 (As of Mar. 2026) — 36% Below Median


NSE:NARMADA Narmada Agrobase Ltd NSE:NARMADA
67 GF Score
Price ₹36.20
GF Value ₹11.99
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Narmada Agrobase Days Inventory?

Narmada Agrobase NSE:NARMADA -0.39% 67 Days Inventory is 40.94 as of Mar. 2026, which is 36% below its 10-year median of 64.19. GuruFocus rates NSE:NARMADA with a GF Score™ of 67/100 and a GF Value™ of ₹11.99 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 245 Agriculture companies, Narmada Agrobase ranks worse than 55.92% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Narmada Agrobase's Average Total Inventories for the three months ended in Mar. 2026 was ₹141.0 Mil. Narmada Agrobase's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹314.4 Mil. Hence, Narmada Agrobase's Days Inventory for the three months ended in Mar. 2026 was 40.94.

The historical rank and industry rank for Narmada Agrobase's Days Inventory or its related term are showing as below:

NSE:NARMADA' s Days Inventory Range Over the Past 10 Years
Min: 34.49   Med: 64.19   Max: 120.35
Current: 120.35

During the past 13 years, Narmada Agrobase's highest Days Inventory was 120.35. The lowest was 34.49. And the median was 64.19.

NSE:NARMADA's Days Inventory is ranked worse than
55.92% of 245 companies
in the Agriculture industry
Industry Median: 104.85 vs NSE:NARMADA: 120.35

Narmada Agrobase's Days Inventory declined from Mar. 2025 (78.57) to Mar. 2026 (40.94).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Narmada Agrobase's Inventory Turnover for the three months ended in Mar. 2026 was 2.23.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Narmada Agrobase's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.41.


Narmada Agrobase  (NSE:NARMADA) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Narmada Agrobase's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Narmada Agrobase's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Narmada Agrobase Days Inventory Related Terms


Narmada Agrobase Days Inventory Historical Data

* Premium members only.

The historical data trend for Narmada Agrobase's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Narmada Agrobase Days Inventory Chart

Narmada Agrobase Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.08 64.29 80.34 110.10 100.23

Narmada Agrobase Quarterly Data
Mar19 Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.57 244.96 284.97 147.91 40.94

NSE:NARMADA vs CTVA, CF, MOS: Days Inventory Comparison

For the Agricultural Inputs subindustry, Narmada Agrobase's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Narmada Agrobase Days Inventory vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Narmada Agrobase's Days Inventory distribution charts can be found below:

* The bar in red indicates where Narmada Agrobase's Days Inventory falls into.


NSE:NARMADA
67GF Score
Narmada Agrobase Ltd NSE:NARMADA
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Narmada Agrobase Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Narmada Agrobase's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (234.437 + 141.041) / 2 ) / 683.667*365
=187.739 / 683.667*365
=100.23

Narmada Agrobase's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 141.041) / 1 ) / 314.372*365 / 4
=141.041 / 314.372*365 / 4
=40.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 40.94 mean?
Narmada Agrobase (NSE:NARMADA) has a Days Inventory of 40.94 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Narmada Agrobase and its competitors. This is 36% below median its historical median of 64.19. Over the past decade, Narmada Agrobase's Days Inventory has ranged from 34.49 to 120.35. According to the industry distribution chart, Narmada Agrobase ranks #137 out of 245 companies in the Agriculture industry, placing it in the top 55.9%.
Is Narmada Agrobase's Days Inventory too high?
Narmada Agrobase's current Days Inventory of 40.94 is 36% below median its 10-year median of 64.19. Over the past 10 years, this metric has ranged from a low of 34.49 to a high of 120.35. The Agriculture industry median Days Inventory is 104.85. Narmada Agrobase's value of 40.94 is 61% below this industry median. Based on the distribution chart, Narmada Agrobase ranks #137 out of 245 companies in the Agriculture industry, which is below the industry midpoint. Overall, Narmada Agrobase has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Narmada Agrobase's Days Inventory compare to CTVA and CF?
According to the Agriculture industry distribution chart, Narmada Agrobase ranks #137 out of 245 companies for Days Inventory. This places Narmada Agrobase in the lower half of its industry. The industry median Days Inventory is 104.85. Narmada Agrobase's value of 40.94 is 61% below this benchmark. Historically, Narmada Agrobase's own Days Inventory has ranged from 34.49 to 120.35 over the past decade. While the company's 10-year median is 64.19 vs. the industry median of 104.85, Narmada Agrobase has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Agriculture company?
The median Days Inventory among Agriculture companies is 104.85, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Narmada Agrobase's current Days Inventory of 40.94 is 61% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Narmada Agrobase and its competitors. For the Agriculture industry, the median Days Inventory is 104.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Agrobase's current Days Inventory is 40.94, which is 36% below median its own 10-year median of 64.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Agrobase stock overvalued right now?
Based on GuruFocus' analysis, Narmada Agrobase (NSE:NARMADA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11.99, compared to a current price of ₹36.20 — trading 201.9% above its estimated fair value. The current Days Inventory is 40.94, which is 36% below median its 10-year median of 64.19 and 61% below the Agriculture industry median of 104.85. Narmada Agrobase's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Narmada Agrobase (NSE:NARMADA), the current Days Inventory is 40.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Narmada Agrobase (NSE:NARMADA) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Agrobase stock appears to be overvalued. The current stock price of ₹36.20 is trading 201.9% above its estimated GF Value™ of ₹11.99. GuruFocus considers Narmada Agrobase to be Significantly Overvalued.

Key valuation signals for NSE:NARMADA:

  • Days Inventory: 40.94 (36% below median its 10-year median of 64.19)
  • GF Value™: ₹11.99 vs. price of ₹36.20 (201.9% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 61% below the Agriculture median (#137 of 245)

No single metric tells the full story. See the NSE:NARMADA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Agrobase Business Description

Other Exchanges 543643:India
Address 401, Silicon Tower, Above Freezeland Restaurant, Law Garden, Navrangpura, Ahmedabad, GJ, IND, 390009
Narmada Agrobase Ltd is engaged in the manufacturing and processing of cotton seed meal cake, cattle feeds and soya bean meal. Its product portfolio includes Cattle Feeds; Cotton Seeds Meal Cake; Cotton Seed Meal Grinder; Delinted Cotton Seeds; Guar Meal; Cotton Linter; and Neem Cake Fertilizer. The company's only operating segment being the manufacturing of delinted cotton seeds.
67GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹36.20
Price
₹11.99
GF Value