Kaveri Seed Company Ltd
Incorporated in 1976, Kaveri Seed Company
Ltd is in the business of research, production, processing and marketing of various high quality hybrid seeds[1]
- Market Cap ₹ 7,879 Cr.
- Current Price ₹ 1,532
- High / Low ₹ 1,602 / 674
- Stock P/E 26.0
- Book Value ₹ 301
- Dividend Yield 0.32 %
- ROCE 21.8 %
- ROE 20.3 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company's working capital requirements have reduced from 126 days to 79.6 days
Cons
- The company has delivered a poor sales growth of 7.24% over past five years.
- Tax rate seems low
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: FMCG Industry: Miscellaneous
Part of BSE Fast Moving Consumer Goods BSE SmallCap BSE Allcap Nifty Microcap 250 Nifty Total Market
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
711 | 1,010 | 1,159 | 743 | 703 | 818 | 808 | 929 | 1,033 | 968 | 1,068 | 1,146 | 1,213 | |
572 | 789 | 850 | 556 | 564 | 597 | 596 | 676 | 735 | 765 | 816 | 860 | 917 | |
Operating Profit | 139 | 221 | 310 | 188 | 140 | 222 | 212 | 253 | 298 | 203 | 252 | 286 | 296 |
OPM % | 20% | 22% | 27% | 25% | 20% | 27% | 26% | 27% | 29% | 21% | 24% | 25% | 24% |
6 | 10 | 15 | 13 | -25 | 24 | 43 | 46 | 46 | 41 | 55 | 63 | 59 | |
Interest | 2 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
Depreciation | 12 | 16 | 15 | 27 | 30 | 25 | 23 | 26 | 22 | 21 | 21 | 28 | 34 |
Profit before tax | 132 | 214 | 310 | 173 | 84 | 220 | 231 | 273 | 321 | 223 | 286 | 321 | 320 |
Tax % | 3% | 2% | 3% | 3% | 8% | 4% | 6% | 5% | 3% | 4% | 5% | 7% | |
128 | 209 | 301 | 167 | 77 | 211 | 217 | 260 | 311 | 213 | 273 | 300 | 305 | |
EPS in Rs | 18.70 | 30.42 | 43.68 | 24.31 | 11.27 | 31.96 | 34.45 | 42.94 | 51.47 | 36.43 | 48.59 | 58.08 | 59.10 |
Dividend Payout % | 17% | 16% | 17% | 10% | 0% | 9% | 9% | 7% | 8% | 11% | 8% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 7% |
3 Years: | 4% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 7% |
3 Years: | -3% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 32% |
3 Years: | 35% |
1 Year: | 124% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 20% |
3 Years: | 17% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 13 | 13 | 12 | 12 | 12 | 11 | 10 | 10 |
Reserves | 331 | 502 | 741 | 913 | 1,001 | 999 | 994 | 947 | 1,232 | 1,269 | 1,354 | 1,222 | 1,538 |
3 | 1 | 1 | 2 | 5 | 3 | 7 | 6 | 2 | 1 | 1 | 0 | 0 | |
520 | 512 | 402 | 432 | 509 | 449 | 536 | 612 | 714 | 596 | 683 | 815 | 902 | |
Total Liabilities | 868 | 1,028 | 1,158 | 1,361 | 1,528 | 1,465 | 1,550 | 1,577 | 1,960 | 1,877 | 2,048 | 2,048 | 2,450 |
137 | 144 | 161 | 202 | 200 | 189 | 240 | 250 | 246 | 242 | 261 | 297 | 286 | |
CWIP | 8 | 12 | 62 | 20 | 34 | 37 | 38 | 18 | 31 | 43 | 133 | 134 | 154 |
Investments | 132 | 278 | 295 | 506 | 657 | 623 | 510 | 384 | 599 | 517 | 562 | 476 | 612 |
590 | 595 | 641 | 633 | 637 | 615 | 763 | 925 | 1,085 | 1,075 | 1,092 | 1,140 | 1,399 | |
Total Assets | 868 | 1,028 | 1,158 | 1,361 | 1,528 | 1,465 | 1,550 | 1,577 | 1,960 | 1,877 | 2,048 | 2,048 | 2,450 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
110 | 193 | 145 | 246 | 218 | 148 | 128 | 192 | 252 | 110 | 297 | 389 | |
-58 | -162 | -84 | -202 | -150 | 71 | 82 | 112 | -217 | 66 | -119 | 38 | |
-47 | -38 | -61 | -42 | -56 | -226 | -219 | -301 | -29 | -170 | -176 | -425 | |
Net Cash Flow | 5 | -8 | -0 | 3 | 11 | -7 | -9 | 3 | 5 | 7 | 1 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 35 | 24 | 37 | 39 | 44 | 38 | 38 | 46 | 37 | 42 | 46 | 36 |
Inventory Days | 568 | 484 | 411 | 462 | 399 | 386 | 483 | 485 | 486 | 517 | 464 | 467 |
Days Payable | 288 | 223 | 128 | 198 | 270 | 192 | 188 | 203 | 242 | 156 | 150 | 155 |
Cash Conversion Cycle | 316 | 284 | 320 | 304 | 174 | 233 | 334 | 329 | 281 | 403 | 360 | 347 |
Working Capital Days | 27 | 24 | 74 | 96 | 56 | 75 | 95 | 126 | 130 | 175 | 123 | 80 |
ROCE % | 48% | 47% | 21% | 15% | 21% | 20% | 24% | 27% | 16% | 17% | 22% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under Regulation 74(5) of the SEBI (DP) Reg, 2018 for the quarter ended 31st March, 2025.
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Demand Notice Received From Income Tax Authorities
27 Mar - Company received Rs.69.58 crore tax demand notice.
- Closure of Trading Window 25 Mar
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
18 Feb - Transcript of Q3 & FY 2024-25 Results Conference Call made on Thursday 13th February, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13 Feb - Management commentary on Q4 2024 financial results.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Feb 2025Transcript PPT
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Dec 2019Transcript PPT
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Aug 2015TranscriptPPT
Business Overview:[1][2]
[3]
a) KSCL is in the business of developing and distributing hybrid seeds.
b) It focuses on producing seeds
for various essential crops and vegetables.
c) Company is involved in both B2C and B2B markets and serves various customers, including farmers, retailers, and distributors, through its domestic and export business
d) The company conducts research in
diverse agro-climatic zones across the nation
through advanced biotechnological methods.
e) It develops seeds that not only yield higher crop output but also adapt effectively
to local environmental conditions
f) It has 125 plus high-quality hybrids
and varieties developed across the field
and vegetable crops
f) It is present in 12 Agro-Climatic zones
of India, which cover 18 states of India