KSCL
Kaveri Seed Company Limited
Hybrid seed company in cotton, rice, maize, vegetables and millets
Fast Moving Consumer Goods›Fast Moving Consumer Goods›Agricultural Food & other Products›Other Agricultural Products
Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Kaveri Seed Company breeds and sells hybrid seeds to Indian farmers, mainly cotton, rice, maize, bajra (pearl millet) and vegetables, and spreads some of its hybrids across subsidiary companies that sell them independently.
Company snapshot
5thBy market cap
Ranked among 23 companies in Other Agricultural Products.
What we see
- ✓Net margin of 21.2% — the business keeps a healthy share of every rupee it earns.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 171 Cr | 143 Cr | 98 Cr | 803 Cr | 137 Cr | 174 Cr | 90 Cr | 859 Cr | 219 Cr | 210 Cr | 107 Cr | 743 Cr |
| Operating expenses (approx.) | 160 Cr | 134 Cr | 110 Cr | 508 Cr | 139 Cr | 160 Cr | 107 Cr | 520 Cr | 225 Cr | 189 Cr | 123 Cr | 449 Cr |
| EBITDA | 11 Cr | 9 Cr | -12 Cr | 295 Cr | -2 Cr | 14 Cr | -17 Cr | 338 Cr | -6 Cr | 21 Cr | -16 Cr | 294 Cr |
| OPM % | 6.6% | 6.0% | -12.1% | 36.8% | -1.4% | 8.1% | -18.3% | 39.4% | -2.9% | 10.1% | -15.2% | 39.6% |
| Other income | 14 Cr | 13 Cr | 25 Cr | 9 Cr | 13 Cr | 11 Cr | 13 Cr | 10 Cr | 6 Cr | 8 Cr | 6 Cr | 4 Cr |
| Interest | 0.07 Cr | 0.10 Cr | 0.06 Cr | 0.04 Cr | 0.02 Cr | 0.04 Cr | 0.09 Cr | 0.11 Cr | 0.01 Cr | 0.07 Cr | 0.13 Cr | 0.10 Cr |
| Depreciation | 6 Cr | 7 Cr | 10 Cr | 8 Cr | 8 Cr | 9 Cr | 16 Cr | 14 Cr | 15 Cr | 15 Cr | 16 Cr | 13 Cr |
| Profit before tax | 19 Cr | 15 Cr | 3 Cr | 297 Cr | 3 Cr | 17 Cr | -20 Cr | 334 Cr | -15 Cr | 14 Cr | -27 Cr | 284 Cr |
| Tax % | 25.4% | 25.3% | 111.8% | 1.9% | 126.4% | 11.2% | -16.6% | 2.1% | -7.3% | 6.2% | -3.2% | 1.5% |
| Net profit | 14 Cr | 11 Cr | -0.40 Cr | 291 Cr | -0.90 Cr | 15 Cr | -23 Cr | 327 Cr | -16 Cr | 13 Cr | -28 Cr | 280 Cr |
| EPS (₹) | ₹2.65 | ₹2.52 | ₹0.31 | ₹56.99 | ₹-0.33 | ₹2.97 | ₹-4.53 | ₹63.76 | ₹-3.02 | ₹2.76 | ₹-6.56 | ₹54.83 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 706 Cr | 819 Cr | 809 Cr | 930 Cr | 1,036 Cr | 970 Cr | 1,070 Cr | 1,148 Cr | 1,205 Cr | 1,395 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 567 Cr | 598 Cr | 598 Cr | 677 Cr | 738 Cr | 767 Cr | 819 Cr | 863 Cr | 914 Cr | 1,058 Cr | Sign in free for the trailing twelve months |
| EBITDA | 140 Cr | 222 Cr | 212 Cr | 253 Cr | 298 Cr | 203 Cr | 252 Cr | 286 Cr | 291 Cr | 337 Cr | Sign in free for the trailing twelve months |
| OPM % | 19.8% | 27.1% | 26.1% | 27.2% | 28.8% | 20.9% | 23.5% | 24.9% | 24.1% | 24.1% | Sign in free for the trailing twelve months |
| Other income | 34 Cr | 24 Cr | 43 Cr | 46 Cr | 46 Cr | 41 Cr | 55 Cr | 63 Cr | 46 Cr | 29 Cr | Sign in free for the trailing twelve months |
| Interest | 0.24 Cr | 0.60 Cr | 0.55 Cr | 0.48 Cr | 0.51 Cr | 0.13 Cr | 0.19 Cr | 0.24 Cr | 0.19 Cr | 0.33 Cr | Sign in free for the trailing twelve months |
| Depreciation | 30 Cr | 25 Cr | 23 Cr | 26 Cr | 22 Cr | 21 Cr | 21 Cr | 28 Cr | 40 Cr | 60 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 84 Cr | 220 Cr | 231 Cr | 273 Cr | 321 Cr | 223 Cr | 286 Cr | 321 Cr | 297 Cr | 306 Cr | Sign in free for the trailing twelve months |
| Tax % | 8.3% | 3.8% | 5.9% | 4.7% | 3.1% | 4.5% | 4.6% | 6.5% | 5.0% | 3.3% | Sign in free for the trailing twelve months |
| Net profit | 77 Cr | 211 Cr | 217 Cr | 260 Cr | 311 Cr | 213 Cr | 273 Cr | 300 Cr | 282 Cr | 296 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹11.27 | ₹31.49 | ₹33.72 | ₹41.82 | ₹52.23 | ₹36.37 | ₹47.89 | ₹54.58 | ₹55.10 | ₹56.94 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 7.6% | 10.8% | 8.4% | 9.2% | 9.1% | 8.6% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 14 Cr | 13 Cr | 13 Cr | 12 Cr | 12 Cr | 12 Cr | 11 Cr | 10 Cr | 10 Cr | 10 Cr |
| Reserves | 1,001 Cr | 999 Cr | 994 Cr | 947 Cr | 1,232 Cr | 1,269 Cr | 1,354 Cr | 1,222 Cr | 1,489 Cr | 1,746 Cr |
| Borrowings | 5 Cr | 3 Cr | 7 Cr | 6 Cr | 1 Cr | 1 Cr | 0.61 Cr | 0.13 Cr | — | — |
| Other liabilities | 510 Cr | 434 Cr | 538 Cr | 614 Cr | 715 Cr | 597 Cr | 683 Cr | 815 Cr | 1,150 Cr | 1,004 Cr |
| Total liabilities | 1,528 Cr | 1,449 Cr | 1,552 Cr | 1,578 Cr | 1,962 Cr | 1,880 Cr | 2,051 Cr | 2,052 Cr | 2,653 Cr | 2,759 Cr |
| Fixed assets (net) | 200 Cr | 189 Cr | 237 Cr | 248 Cr | 244 Cr | 242 Cr | 259 Cr | 296 Cr | 416 Cr | 431 Cr |
| CWIP | 33 Cr | 35 Cr | 38 Cr | 18 Cr | 31 Cr | 43 Cr | 133 Cr | 134 Cr | 89 Cr | 130 Cr |
| Investments | 657 Cr | 605 Cr | 510 Cr | 384 Cr | 599 Cr | 517 Cr | 562 Cr | 476 Cr | 613 Cr | 401 Cr |
| Inventories | 448 Cr | 443 Cr | 561 Cr | 639 Cr | 720 Cr | 761 Cr | 718 Cr | 743 Cr | 1,029 Cr | 1,210 Cr |
| Trade receivables | 85 Cr | 86 Cr | 85 Cr | 118 Cr | 106 Cr | 111 Cr | 133 Cr | 112 Cr | 92 Cr | 112 Cr |
| Cash & bank | 21 Cr | 14 Cr | 5 Cr | 8 Cr | 13 Cr | 20 Cr | 21 Cr | 24 Cr | 20 Cr | 42 Cr |
| Other assets | 85 Cr | 77 Cr | 115 Cr | 164 Cr | 249 Cr | 187 Cr | 224 Cr | 267 Cr | 394 Cr | 434 Cr |
| Total assets | 1,528 Cr | 1,449 Cr | 1,552 Cr | 1,578 Cr | 1,962 Cr | 1,880 Cr | 2,051 Cr | 2,052 Cr | 2,653 Cr | 2,759 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 218 Cr | 151 Cr | 128 Cr | 192 Cr | 251 Cr | 111 Cr | 297 Cr | 389 Cr | 197 Cr | -6 Cr |
| Cash from investing | -150 Cr | 68 Cr | 82 Cr | 112 Cr | -217 Cr | 66 Cr | -119 Cr | 38 Cr | -183 Cr | 92 Cr |
| Cash from financing | 3 Cr | -226 Cr | -219 Cr | -301 Cr | -29 Cr | -170 Cr | -176 Cr | -425 Cr | -18 Cr | -64 Cr |
| Net cash flow | 11 Cr | -7 Cr | -9 Cr | 3 Cr | 5 Cr | 7 Cr | 1 Cr | 3 Cr | -3 Cr | 21 Cr |
| Free cash flow (OCF − Capex) | 175 Cr | 128 Cr | 59 Cr | 140 Cr | 212 Cr | 64 Cr | 187 Cr | 289 Cr | 108 Cr | -156 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 8.3% | 21.7% | 22.9% | 28.3% | 25.8% | 17.4% | 20.9% | 26.0% | 19.8% | 17.4% |
| ROE % | 7.7% | 20.9% | 21.6% | 27.1% | 24.9% | 16.0% | 19.9% | 24.2% | 18.7% | 16.9% |
| Debtor days | 44 | 38 | 38 | 46 | 37 | 42 | 45 | 36 | 28 | 29 |
| Inventory days | 417 | 406 | 375 | 402 | 379 | 582 | 477 | 457 | 384 | 484 |
| Days payable | 282 | 203 | 161 | 168 | 189 | 176 | 154 | 152 | 180 | 192 |
| Cash conversion cycle | 179 | 241 | 252 | 281 | 228 | 448 | 368 | 341 | 232 | 322 |
| OCF / EBITDA % | 156.4% | 68.0% | 60.5% | 75.7% | 84.3% | 54.7% | 117.8% | 136.2% | 67.8% | -1.9% |
| OCF / EBITDA % (3 years) | — | — | 86.7% | 68.5% | 74.8% | 73.5% | 87.5% | 107.7% | 106.6% | 63.5% |
| Debt / equity | 0.0046 | 0.0028 | 0.0067 | 0.0060 | 0.0009 | 0.0008 | 0.0004 | 0.0001 | — | — |
| Current ratio | 2.56 | 2.82 | 2.27 | 2.13 | 2.11 | 2.73 | 2.46 | 1.98 | 1.88 | 2.14 |
| Net debt / EBITDA | -0.12 | — | 0.0084 | -0.0079 | -0.04 | -0.09 | -0.08 | -0.08 | -0.07 | -0.12 |