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Kaveri Seed Company Ltd (KSCL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532899 NSE: KSCL Agriculture | Small Cap | Kaveri Seed Share Price

₹806.05 21.95 (2.80%)

As on 25-Sep'26 16:59

Kaveri Seed Company Ltd (KSCL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532899 NSE: KSCL Agriculture | Small Cap | Kaveri Seed Share Price

₹806.05 21.95 (2.80%)

As on 25-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹4,146 Cr.
Current Price
₹806.1
52-Week Low / High
₹688 / 1,099
TTM EPS
₹48.5
TTM Sales
₹1,279 Cr.
Book Value per Share
₹395.9
P/E Ratio
16.61
Higher than its 5-year historical median
Industry PE
16.4
Price to Book (P/B)
2.04
Lower than its 5-year historical median
Price to Sales (P/S)
3.24
In line with its 5-year historical median
EV/EBITDA
13.00
In line with its 5-year historical median
Dividend Yield
0.62%
Profitability Efficiency
Return on Equity (ROE)
18.17%
Outperforms industry median
Return on Capital Employed (ROCE)
18.80%
Outperforms industry median
Return on Assets (ROA)
10.74%
Operating Profit Margin
24%
Net Profit Margin
21.21%
Gross Profit Margin
26.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
16.25%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
14.96%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
4.8%
Asset Quality
Promoter Holding
60.51%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹2,026 Cr.
Equity
₹10.3 Cr.
Face Value
₹2
All Time Low / High
₹22.20 / 1601.85

Kaveri Seed Company stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Kaveri Seed Company Ltd a good quality company?
Kaveri Seed Company Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Kaveri Seed Company Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kaveri Seed Company Ltd vs industry peers?
Kaveri Seed Company Ltd revenue CAGR is 6.12%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Kaveri Seed Company Ltd?
Promoters hold 60.51% of the Kaveri Seed Company Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kaveri Seed Company Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 8.1% based on the current price.

DeciZen - make an informed investing decision on Kaveri Seed

Decision Maker
Consolidated basis

1. Right Stock

10 Year X-ray Pro
Long Term Prospect

2. Right Price

3. Right Time ⓘ

#Likely Future 5 Year CAGR.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kaveri Seed Company Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ8.6%21.3%22.3%26.2%27.9%17.1%20.8%23.8%21.1%18.1%-
Value Creation
Index ⓘ
-0.40.50.60.91.00.20.50.70.60.3-

Growth Parameters ⓘ

Sales ⓘ6707727698839879151,0011,0621,1221,3041,173
Sales YoY Gr.-15.3%-0.4%14.9%11.7%-7.3%9.4%6.2%5.6%16.3%-
Adj EPS ⓘ14.129.430.53747.632.841.251.848.551.446.3
YoY Gr.-108.8%3.8%21.4%28.7%-31.1%25.5%25.8%-6.5%6%-
BVPS (₹) ⓘ148.3154.5160.5162.8209.2221.9245.6239.6286.7340.4393.1
Adj Net
Profit ⓘ
97.1194192223287191230267249264238
Cash Flow from Ops. ⓘ155151128152243105291387180-25.5-
Debt/CF from Ops. ⓘ0000000000-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ7.7%5.7%9.2%16.3%
Adj EPS ⓘ15.5%1.5%7.6%6%
BVPSⓘ9.7%10.2%11.5%18.7%
Share Price 8.1% 6.8% 8.9% -23.4%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
9.91918.922.425.61517.320.518.416.412.6
Op. Profit
Mgn % ⓘ
20.628.226.627.129.221.32425.524.324.223.7
Net Profit
Mgn % ⓘ
14.525.12525.329.120.92325.122.220.320.3
Debt to
Equity ⓘ
0000000000-
Working Cap
Days ⓘ
326276314343365419383375362412966
Cash Conv.
Cycle ⓘ
11669151157139161166162136145554

Valuation of Kaveri Seed - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales7058198099301,0369701,0701,1481,2051,395
Operating Expenses ⓘ + 5655985986777387678268639141,060
Manufacturing Costs7592918994104113123131151
Material Costs359359356405446432452451475570
Employee Cost 40545568859198119140152
Other Costs ⓘ 919396115114140163170168187
Operating Profit ⓘ 140221212253298203244286291334
Operating Profit Margin (%) 19.8%27.0%26.1%27.2%28.7%20.9%22.8%24.9%24.1%24.0%
Other Income ⓘ + 34244346464162634632
Exceptional Items ⓘ -59000000000
Interest ⓘ 0110100000
Depreciation ⓘ 30252326222121284060
Profit Before Tax ⓘ 84220231273321223286321297306
Tax ⓘ 781413101013211510
Profit After Tax 77211217260311213273300282296
PAT Margin (%) 11.0%25.8%26.9%27.9%30.0%21.9%25.5%26.1%23.4%21.2%
Adjusted EPS (₹)11.332.034.542.951.536.448.658.154.757.5
Dividend Payout Ratio (%)0%9.40%8.70%7%7.80%11%8.20%8.60%9.10%8.70%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1,0141,0121,0079591,2441,2811,3651,2331,4991,757
Share Capital ⓘ 13.8113.2212.6312.0712.0711.6611.1810.2910.2910.29
Reserves ⓘ 1,0019999949471,2321,2691,3541,2221,4891,746
Debt +5376110000
Long Term Debt5376110000
Short Term Debt0000000000
Minority Interest-1-1-1011234-2
Trade Payables282186218267358230232247481479
Others Liabilities ⓘ 227264349374390405495619712578
Total Liabilities ⓘ 1,5271,4651,5801,6061,9951,9182,0942,1022,6962,812

Fixed Assets

Net Fixed Assets ⓘ +200189240250246242261297417432
Gross Block329341413444457473510574731797
Accumulated Depreciation129151172194211231249276314365
CWIP ⓘ 34373818314313313490130
Investments ⓘ 657623510384599517562476613401
Inventories4484435616397207617187431,0291,210
Trade Receivables85868511810611113311292112
Cash Equivalents 211498142022242142
Others Assets ⓘ 8273138189281224265316434485
Total Assets ⓘ 1,5271,4651,5801,6061,9951,9182,0942,1022,6962,812
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 159148128192252110297389197-6
PBT ⓘ 84220231273321223286321297306
Adjustment ⓘ -42-18-16-18-11-27-26-330
Changes in Working Capital ⓘ 85-66-74-52-41-9364110-72-313
Tax Paid ⓘ -7-8-11-13-11-9-27-15-25-29
Cash Flow From Investing Activity ⓘ + -1507182112-21766-11938-18392
Capex -43-15-69-51-39-47-109-100-89-149
Net Investments -14185149159-178112-10136-94240
Others ⓘ 34024-011200
Cash Flow From Financing Activity ⓘ + 3-226-219-301-29-170-176-425-18-64
Net Proceeds from Shares ⓘ 0000000000
Net Proceeds from Borrowing ⓘ 00000-0-0-0-00
Interest Paid ⓘ -0-1-1-1-1-0-0-0-0-0
Dividend Paid ⓘ 0-20-19-23-24-23-23-28-26-26
Others ⓘ 3-206-200-278-5-146-153-3968-38
Net Cash Flow ⓘ 11-7-935713-321
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)7.9620.8621.5326.4528.2516.8520.6123.0920.6718.17
ROCE (%)8.6821.6722.8327.629.0817.6321.6124.7121.7718.8
Asset Turnover Ratio0.490.550.530.580.580.50.530.550.50.51
PAT to CFO Conversion(x)2.060.70.590.740.810.521.091.30.7-0.02
Working Capital Days
Receivable Days42.8038.2038.5039.8039.4040.7041.603930.9026.80
Inventory Days246198.40226.40235.50239.30278.50252.10232.10268.30292.90
Payable Days252.80237.90207.30218.50255.90248.30186.30193.90279.60307.80

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Kaveri Seed Company Ltd FAQs

The current trading price of Kaveri Seed on 25-Sep-2026 16:59 is ₹806.0.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Sep-2026 the market cap of Kaveri Seed stood at ₹4,146.3 Cr

The latest P/E ratio of Kaveri Seed as of 24-Sep-2026 is 17.42.

The latest P/B ratio of Kaveri Seed as of 24-Sep-2026 is 2.05.

The 52-week high of Kaveri Seed is ₹1,099 and the 52-week low is ₹687.5.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kaveri Seed is ₹1,173 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kaveri Seed Company Ltd is a good quality company.

The key valuation ratios of Kaveri Seed Company Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Kaveri Seed Company Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Kaveri Seed Company Ltd

Kaveri Seeds was incorporated as GVB Rao & Company in 1976 by G V Bhaskar Rao. These first steps of creating an enterprise were guided by a unique vision to provide high quality and cost effective hybrid seeds and crop solutions derived from innovative plant genetics and technology.

GVB Rao & Company started off with seed production of public bred varieties of corn, pearl millet and rice and subsequently also took up product distribution for a leading seed MNC.

One of the significant milestones in the journey of GVB Rao & Co was the introduction of the first ever proprietary private corn hybrid in South India. This corn hybrid - a result of the company’s indigenous breeding program – had an edge over other existing varieties in terms of yield. And this launch was a mega success as farmers started realizing better yields and bumper returns. Inspired by this success, GVB Rao & Co ventured into value added breeding and subsequently in 1986, evolved into a bigger entity under the name of Kaveri Seeds.

Kaveri Seeds came up with an IPO in 2007 that raised Rs 68 crore to fund acquisition of farmlands, upgradation of seed processing plants and working capital requirements.Kaveri Seeds marched ahead and integrated its services to the farmers by diversifying into proprietary hybrid seeds of other crops such as sunflower, pearl millet, sorghum and rice. Over the years, a sharp focus on Research & Development has enabled kaveri seeds to earn a sizeable market share in corn and sunflower hybrid seeds.

Kaveri Seeds was converted into a public limited company in Nov 2006. However, apart from the change of this status, the company evolved too in terms of its product and service offerings. kaveri seeds was one of the first to notice the disturbing trend in crop husbandry by way of soil being deprived of its fertility and useful soil micro flora. Yields had started declining and owing to the declining soil quality, farmers were not able to harness the full potential of high-yielding seeds. Kaveri sensed the market need of soil replenishment and hence embarked upon a new initiative to reclaim the soil fertility in a scientific way. It is with this objective that Kaveri Seeds acquired Kaveri Agriteck which had a proven record in the area of soil enhancement and a good network focused on micro nutrients and bio-products.

Kaveri Seeds’ Research & Development facilities are recognized by the Department of Science & Technology, Govt. of India.Kaveri seeds today, is synonymous with premium quality seeds enriched with genetically superior traits – and this has become possible because of its commitment to research. And this commitment to research and innovation stems from the fact that kaveri seeds is a market driven company. A company whose breeders are in close contact with the changing needs of its customers. The farming community is one of most affected by Nature’s vagaries in the form of erratic monsoon, pest attacks and drought conditions. Reasons why, performance and productivity of seeds is the foremost concern of the cultivators. Kaveri Seeds, a company focused on farmers’ prosperity understands these challenges and hence has committed itself to an ongoing pursuit of new ideas and innovations.

Product range of the company includes:

  • Agriculture - Corn sunflower, pearl millet, grain sorghum, cotton and rice 
  • Vegetable- Tomatoes, okra, chillies and waterlemon
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