Kaveri Seed Company Ltd

Kaveri Seeds is a key stakeholder in fueling Green Revolution that begins with the seed, the most decisive input in agriculture.

Pros:
Company is virtually debt free.
Promoter's stake has increased
Cons:
The company has delivered a poor growth of -5.18% over past five years.
Tax rate seems low
** Remarks:
Some businesses are provided tax benefits to encourage their development

Peer Comparison Sector: Miscellaneous // Industry: Miscellaneous

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
68 68 40 591 70 71 42 582 75 67 45 655
64 65 67 384 55 61 55 378 67 67 51 422
Operating Profit 3 3 -27 207 15 10 -13 204 8 0 -6 233
OPM % 5% 5% -68% 35% 21% 14% -32% 35% 10% 0% -13% 36%
Other Income 17 10 -57 4 16 2 1 17 13 11 2 4
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 7 7 7 6 6 6 5 5 5 5 6 6
Profit before tax 13 7 -91 205 25 6 -17 215 16 5 -9 232
Tax % 41% 46% 4% 1% 16% 2% -6% 2% 26% 33% -21% 1%
Net Profit 8 4 -87 202 21 5 -18 211 12 4 -11 229
EPS in Rs 1.12 0.51 -12.63 29.31 3.98 0.81 -2.74 31.86 2.65 0.56 -1.77 36.26
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
96 123 162 233 372 710 1,002 1,114 715 668 772 768 843
74 94 127 179 290 571 781 808 524 531 554 562 607
Operating Profit 23 29 35 54 82 139 220 307 191 138 218 206 235
OPM % 23% 24% 22% 23% 22% 20% 22% 28% 27% 21% 28% 27% 28%
Other Income 2 1 2 1 -8 6 10 15 12 -25 24 43 30
Interest 2 2 2 4 3 2 0 0 0 0 0 0 0
Depreciation 2 3 4 10 10 11 14 12 25 28 23 21 22
Profit before tax 21 25 31 40 61 134 215 309 177 84 218 227 244
Tax % 34% 9% 7% -5% 5% 3% 2% 2% 3% 7% 3% 5%
Net Profit 14 23 29 42 58 130 211 302 172 78 210 215 233
EPS in Rs 2.04 3.28 4.18 6.12 8.35 18.42 29.81 42.30 24.95 11.36 31.83 34.01 37.70
Dividend Payout % 0% 12% 9% 8% 9% 17% 16% 17% 10% 0% 9% 9%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:20.10%
5 Years:-5.18%
3 Years:2.40%
TTM:10.32%
Compounded Profit Growth
10 Years:25.07%
5 Years:1.15%
3 Years:7.59%
TTM:6.65%
Return on Equity
10 Years:25.91%
5 Years:22.76%
3 Years:18.26%
Last Year:21.09%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
14 14 14 14 14 14 14 14 14 14 13 13
Reserves 92 111 137 176 228 332 505 745 922 1,010 1,008 1,000
Borrowings 6 21 46 28 22 3 1 1 2 2 2 2
41 80 115 158 325 520 502 386 417 491 429 523
Total Liabilities 152 226 311 376 589 869 1,022 1,146 1,354 1,517 1,452 1,538
36 48 79 105 94 133 135 152 195 194 183 234
CWIP 0 31 30 6 13 4 12 62 20 29 32 33
Investments 23 2 2 37 118 138 278 317 528 687 652 539
92 146 200 227 364 594 596 616 612 608 585 732
Total Assets 152 226 311 376 589 869 1,022 1,146 1,354 1,517 1,452 1,538

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
-7 9 21 57 110 105 185 163 247 214 151 132
-35 -25 -34 -47 -89 -54 -155 -102 -203 -145 65 86
57 11 19 -26 -16 -47 -38 -61 -41 -59 -224 -223
Net Cash Flow 15 -6 6 -15 5 4 -8 -1 3 10 -8 -5

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 30% 21% 19% 22% 29% 44% 48% 48% 21% 15% 21% 22%
Debtor Days 139 123 92 57 28 35 23 32 32 38 30 31
Inventory Turnover 5.61 2.48 1.59 1.59 1.59 1.79 2.03 2.26 1.45 1.43 1.77 1.56