Bartronics India enters into an MoU with Shree NagaNarasimha Pvt Ltd
DSIJ Intelligence-1 / 17 Dec 2025/ Categories: Penny Stocks, Trending
From Rs 2.93 to Rs 12.01 per share, the stock gave multibagger returns of over 300 per cent in 5 years.
Bartronics India Limited (BIL) announced the execution of a non-binding Memorandum of Understanding (MoU) with Shree NagaNarasimha Private Limited (SNN) to establish a strategic collaboration within the agri-produce supply chain. Under the terms of this ordinary-course agreement, BIL will leverage its procurement capabilities to source agricultural products directly from farmers, Farmer Producer Organisations (FPOs), and mandis, while SNN will act as the primary off-taker, distributing the produce to quick commerce platforms, modern trade outlets, and institutional buyers. The agreement stipulates no cross-shareholding between the entities and explicitly excludes any special governance rights, such as board nominations or restrictions on capital structure. While the MoU outlines a clear operational synergy for enhancing market reach, it remains non-binding except for standard clauses regarding confidentiality, jurisdiction, and termination.
Furthermore, Bartronics India Limited is embarking on a comprehensive strategic transformation, marked by its proposed renaming to Avio Smart Market Stack Limited (ASMS) and a shift toward building a national, omni-format ecosystem for the rural economy. This pivot focuses on the rollout of the Smart Agri Store franchise model, a physical extension of its digital marketplace designed to integrate agri-inputs, advisory services, and procurement linkages under a single framework. To bolster this evolution, the company is engaging a national brand ambassador for farmer outreach, recruiting senior leadership in agritech and supply chain, and advancing Project Avio, which includes the development of a multilingual mobile application and a unified digital infrastructure.
About the Company
Bartronics is a leading brand specialised in digital Banking, financial inclusion and identity management technologies. With its focus on agritech, automation and intelligent systems, the company is expanding its global footprint while delivering sustainable impact through technology. The brand caters to 1 million+ customers.
Bartronics India reported a strong operational turnaround in Q2 FY26. Revenue from operations saw a sharp 40 per cent growth both year-on-year (YoY) and sequentially, rising to Rs 1,239.67 lakh, driven by improved field execution and productivity across financial inclusion schemes. The company achieved a net profit of Rs 100.43 lakh in Q2, significantly up from Rs 44.71 lakh in Q1, reflecting enhanced operating leverage and disciplined cost management. For the half-year, profit after Tax increased 27 per cent YoY to Rs 145.14 lakh, demonstrating a more resilient profitability profile.
In September 2025 Quarter (Q2FY26), FIIs bought 9,74,924 shares of the company and increased their stake to 1.68 per cent compared to the June 2025 Quarter (Q1FY26). The stock’s 52-week high is Rs 24.74 per share while its 52-week low is Rs 11 per share. The company has a market cap of over Rs 370 crore. From Rs 2.93 to Rs 12.01 per share, the stock gave multibagger returns of over 300 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.