Kaveri Seed Company Ltd
Kaveri Seed Company is engaged into research, production, processing and marketing of various high quality hybrid seeds.
- Market Cap ₹ 3,487 Cr.
- Current Price ₹ 623
- High / Low ₹ 765 / 466
- Stock P/E 12.6
- Book Value ₹ 296
- Dividend Yield 0.80 %
- ROCE 16.4 %
- ROE 15.8 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 5.29% 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
372 | 710 | 1,002 | 1,114 | 715 | 668 | 772 | 768 | 882 | 984 | 913 | 998 | 1,043 | |
295 | 571 | 781 | 808 | 524 | 530 | 554 | 562 | 642 | 697 | 718 | 759 | 777 | |
Operating Profit | 77 | 139 | 220 | 307 | 191 | 138 | 218 | 206 | 240 | 287 | 195 | 240 | 266 |
OPM % | 21% | 20% | 22% | 28% | 27% | 21% | 28% | 27% | 27% | 29% | 21% | 24% | 25% |
-3 | 6 | 10 | 15 | 12 | -25 | 24 | 43 | 47 | 48 | 44 | 57 | 49 | |
Interest | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 10 | 11 | 14 | 12 | 25 | 28 | 23 | 21 | 24 | 21 | 20 | 20 | 23 |
Profit before tax | 61 | 134 | 215 | 309 | 177 | 84 | 218 | 227 | 262 | 313 | 218 | 277 | 291 |
Tax % | 5% | 3% | 2% | 2% | 3% | 7% | 3% | 5% | 4% | 3% | 4% | 4% | |
58 | 130 | 211 | 302 | 172 | 78 | 210 | 215 | 251 | 305 | 209 | 267 | 276 | |
EPS in Rs | 8.48 | 18.96 | 30.65 | 43.81 | 24.95 | 11.36 | 31.83 | 34.01 | 41.65 | 50.61 | 35.82 | 47.75 | 49.43 |
Dividend Payout % | 9% | 17% | 16% | 17% | 10% | 0% | 9% | 9% | 7% | 8% | 11% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 4% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 0% |
3 Years: | 0% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | 6% |
3 Years: | 8% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 19% |
3 Years: | 18% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 13 | 13 | 12 | 12 | 12 | 11 | 11 |
Reserves | 228 | 333 | 505 | 746 | 922 | 1,010 | 1,008 | 1,000 | 970 | 1,250 | 1,283 | 1,362 | 1,642 |
22 | 3 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 0 | |
325 | 519 | 502 | 386 | 417 | 491 | 429 | 522 | 601 | 699 | 568 | 631 | 588 | |
Total Liabilities | 589 | 869 | 1,022 | 1,146 | 1,354 | 1,517 | 1,452 | 1,537 | 1,584 | 1,962 | 1,863 | 2,005 | 2,242 |
94 | 133 | 135 | 152 | 195 | 194 | 183 | 234 | 244 | 241 | 237 | 256 | 253 | |
CWIP | 13 | 4 | 12 | 62 | 20 | 29 | 32 | 33 | 13 | 26 | 43 | 128 | 150 |
Investments | 118 | 138 | 278 | 317 | 528 | 687 | 652 | 539 | 414 | 627 | 540 | 587 | 815 |
364 | 594 | 596 | 616 | 612 | 608 | 585 | 732 | 913 | 1,069 | 1,043 | 1,034 | 1,025 | |
Total Assets | 589 | 869 | 1,022 | 1,146 | 1,354 | 1,517 | 1,452 | 1,537 | 1,584 | 1,962 | 1,863 | 2,005 | 2,242 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
110 | 105 | 185 | 163 | 247 | 214 | 151 | 128 | 152 | 243 | 105 | 291 | |
-89 | -54 | -155 | -102 | -203 | -145 | 65 | 90 | 113 | -215 | 72 | -115 | |
-16 | -47 | -38 | -61 | -41 | -59 | -224 | -223 | -264 | -25 | -170 | -177 | |
Net Cash Flow | 5 | 4 | -8 | -1 | 3 | 10 | -8 | -5 | 1 | 3 | 7 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 28 | 35 | 23 | 32 | 32 | 38 | 30 | 31 | 37 | 27 | 29 | 29 |
Inventory Days | 786 | 569 | 484 | 414 | 471 | 404 | 398 | 489 | 494 | 494 | 523 | 468 |
Days Payable | 285 | 287 | 223 | 126 | 201 | 272 | 195 | 192 | 207 | 247 | 159 | 146 |
Cash Conversion Cycle | 529 | 317 | 284 | 320 | 302 | 170 | 233 | 329 | 324 | 275 | 394 | 351 |
Working Capital Days | 23 | 30 | 29 | 75 | 97 | 54 | 77 | 92 | 122 | 127 | 172 | 120 |
ROCE % | 29% | 44% | 48% | 48% | 21% | 15% | 21% | 19% | 22% | 26% | 15% | 16% |
Documents
Announcements
-
Updates on Buy-back Offer
2d - Bajaj Capital Ltd ("Manager to the Buyback Offer") has submitted to BSE a copy of the Final Report in compliance with Regulation 25(x) of SEBI …
- Closure of Trading Window 22 Mar
-
Updates on Buy-back Offer
21 Mar - Bajaj Capital Ltd ("Manager to the Buyback Offer") has submitted to BSE a copy of the Extinguishment certficate of equity shares of Kaveri Seed Company …
-
Capital Reduction Statement Pursuant To Buyback
21 Mar - Capital reduction Statement pursuant to Buyback to give effect in the Exchange''s records.
-
Announcement under Regulation 30 (LODR)-Closure of Buy Back
21 Mar - Completion of Extinguishment of a total of 44,82,758 equity shares by Buyback through Tender Route Offer of stock exchange mechanism.
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Concalls
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Dec 2021Transcript PPT
-
Aug 2021Transcript PPT
-
Jun 2021Transcript PPT
-
Feb 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Aug 2020Transcript PPT
-
Aug 2020Transcript PPT
-
May 2020Transcript PPT
-
Mar 2020Transcript PPT
-
Dec 2019Transcript PPT
-
Sep 2019TranscriptPPT
-
Aug 2019TranscriptNotesPPT
-
Jun 2019TranscriptPPT
-
Jun 2019Transcript PPT
-
Mar 2019TranscriptPPT
-
Feb 2019TranscriptNotesPPT
-
Dec 2018Transcript PPT
-
Sep 2018TranscriptPPT
-
Aug 2018TranscriptNotesPPT
-
Jun 2018Transcript PPT
-
May 2018TranscriptNotesPPT
-
Mar 2018TranscriptPPT
-
Feb 2018TranscriptNotesPPT
-
Nov 2017TranscriptPPT
-
Nov 2017Transcript PPT
-
Oct 2017TranscriptNotesPPT
-
Sep 2017Transcript PPT
-
Sep 2017Transcript PPT
-
Jun 2017TranscriptPPT
-
Apr 2017TranscriptNotesPPT
-
Feb 2017TranscriptPPT
-
Dec 2016TranscriptPPT
-
Oct 2016TranscriptPPT
-
Jun 2016TranscriptPPT
-
May 2016TranscriptNotesPPT
-
Mar 2016TranscriptPPT
-
Dec 2015TranscriptPPT
-
Aug 2015TranscriptPPT
Market Position
It is one of the largest seed companies in India, with a strong R&D base for developing quality hybrids in key Indian crops. It has 125 plus high quality hybrids and varieties developed across field and vegetable crops. It is present in 12 Agro-Climatic zones of India which covers 18 states of India. [1]