Kaveri Seed Company Ltd
Kaveri Seed Company is engaged into research, production, processing and marketing of various high quality hybrid seeds.
- Market Cap ₹ 4,327 Cr.
- Current Price ₹ 841
- High / Low ₹ 847 / 499
- Stock P/E 15.3
- Book Value ₹ 296
- Dividend Yield 0.59 %
- ROCE 17.1 %
- ROE 16.3 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 5.47% 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
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
711 | 1,010 | 1,159 | 743 | 703 | 818 | 808 | 929 | 1,033 | 968 | 1,068 | 1,124 | |
572 | 789 | 850 | 556 | 564 | 597 | 596 | 676 | 735 | 765 | 816 | 843 | |
Operating Profit | 139 | 221 | 310 | 188 | 140 | 222 | 212 | 253 | 298 | 203 | 252 | 281 |
OPM % | 20% | 22% | 27% | 25% | 20% | 27% | 26% | 27% | 29% | 21% | 24% | 25% |
6 | 10 | 15 | 13 | -25 | 24 | 43 | 46 | 46 | 41 | 55 | 46 | |
Interest | 2 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 0 |
Depreciation | 12 | 16 | 15 | 27 | 30 | 25 | 23 | 26 | 22 | 21 | 21 | 24 |
Profit before tax | 132 | 214 | 310 | 173 | 84 | 220 | 231 | 273 | 321 | 223 | 286 | 303 |
Tax % | 3% | 2% | 3% | 3% | 8% | 4% | 6% | 5% | 3% | 4% | 5% | |
128 | 209 | 301 | 167 | 77 | 211 | 217 | 260 | 311 | 213 | 273 | 284 | |
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 | 50.70 |
Dividend Payout % | 17% | 16% | 17% | 10% | 0% | 9% | 9% | 7% | 8% | 11% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 5% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 1% |
3 Years: | -1% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 13% |
3 Years: | 13% |
1 Year: | 58% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 19% |
3 Years: | 19% |
Last Year: | 16% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 13 | 13 | 12 | 12 | 12 | 11 | 11 |
Reserves | 331 | 502 | 741 | 913 | 1,001 | 999 | 994 | 947 | 1,232 | 1,269 | 1,354 | 1,645 |
3 | 1 | 1 | 2 | 5 | 3 | 7 | 6 | 2 | 1 | 1 | 0 | |
520 | 512 | 402 | 432 | 509 | 449 | 536 | 612 | 714 | 596 | 683 | 671 | |
Total Liabilities | 868 | 1,028 | 1,158 | 1,361 | 1,528 | 1,465 | 1,550 | 1,577 | 1,960 | 1,877 | 2,048 | 2,328 |
137 | 144 | 161 | 202 | 200 | 189 | 240 | 250 | 246 | 242 | 261 | 258 | |
CWIP | 8 | 12 | 62 | 20 | 34 | 37 | 38 | 18 | 31 | 43 | 133 | 155 |
Investments | 132 | 278 | 295 | 506 | 657 | 623 | 510 | 384 | 599 | 517 | 562 | 792 |
590 | 595 | 641 | 633 | 637 | 615 | 763 | 925 | 1,085 | 1,075 | 1,092 | 1,124 | |
Total Assets | 868 | 1,028 | 1,158 | 1,361 | 1,528 | 1,465 | 1,550 | 1,577 | 1,960 | 1,877 | 2,048 | 2,328 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
110 | 193 | 145 | 246 | 218 | 148 | 128 | 192 | 252 | 110 | 297 | |
-58 | -162 | -84 | -202 | -150 | 71 | 82 | 112 | -217 | 66 | -119 | |
-47 | -38 | -61 | -42 | -56 | -226 | -219 | -301 | -29 | -170 | -176 | |
Net Cash Flow | 5 | -8 | -0 | 3 | 11 | -7 | -9 | 3 | 5 | 7 | 1 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 35 | 24 | 37 | 39 | 44 | 38 | 38 | 46 | 37 | 42 | 46 |
Inventory Days | 568 | 484 | 411 | 462 | 399 | 386 | 483 | 485 | 486 | 517 | 464 |
Days Payable | 288 | 223 | 128 | 198 | 270 | 192 | 188 | 203 | 242 | 156 | 150 |
Cash Conversion Cycle | 316 | 284 | 320 | 304 | 174 | 233 | 334 | 329 | 281 | 403 | 360 |
Working Capital Days | 27 | 24 | 74 | 96 | 56 | 75 | 95 | 126 | 130 | 175 | 123 |
ROCE % | 48% | 47% | 21% | 15% | 21% | 20% | 24% | 27% | 16% | 17% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 19 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 19 Apr
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Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015
16 Apr - Certificate under Regulation 40(9) of SEBI (LODR) Regulations, 2015 for the year ended 31st March, 2024.
- Compliance Certificate Pursuant To Regulation 7(3) Of The SEBI (LODR) Regulations, 2015. 16 Apr
- Annual Compliance Status Certificate From An Independent Auditor In Accordance With The SEBI Order No. WTM/SKM/CFD/12/2021-22, Dated 19Th April, 2021 For Kaveri Seed Company Limited. 8 Apr
Annual reports
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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 2020
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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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Financial Year 2010
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Concalls
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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]