Kaveri Seed Co. Ltd.
NSE: KSCL · Other Agricultural Products · sector
₹695.55NSE close 2026-10-26
Key numbers
Market cap₹3,578 cr
Price₹695.55
52w high / low₹1,096 / ₹669
P/E14.5xSector median 12.8x
P/B2.0xSector median 1.4x
Book value₹341.5
Dividend yield0.72%Sector median 0.79%
ROE15.3%Sector median 7.3%
ROCE14.6%Sector median 8.8%
OPM22.9%Sector median 6.5%
Debt / equity0.00xSector median 0.21x
EV/EBITDA10.7xSector median 11.2x
Interest cover807.4x
Current ratio2.14x
Sales growth 3y+9.2%Sector median +11.6%
Profit growth 3y+2.9%Sector median +5.8%
PEG2.44x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 69 companies in Other Agricultural Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹439 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 807.4x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY22).
- Net loss in 4 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 9% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹695.55 on 2026-10-26: -36.5% from the 52-week high, +3.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,554.50 · low ₹676.80
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 137 | 174 | 90 | 859 | 219 | 210 | 107 | 742 |
| EBITDA | -2 | 14 | -17 | 338 | -6 | 21 | -16 | 294 |
| OPM % | -1.4% | 8.1% | -18.3% | 39.4% | -2.9% | 10.1% | -15.2% | 39.6% |
| Other income | 13 | 11 | 13 | 10 | 6 | 8 | 6 | 4 |
| Net profit | -1 | 15 | -23 | 326 | -15 | 13 | -28 | 280 |
| EPS (₹) | -0.33 | 2.97 | -4.53 | 63.76 | -3.02 | 2.76 | -6.56 | 54.83 |
| Revenue YoY | +59.3% | +20.8% | +18.7% | -13.5% | ||||
| Profit YoY | – | -12.5% | – | -14.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 970 | 1,070 | 1,148 | 1,205 | 1,395 | 1,279 |
| EBITDA | 203 | 252 | 286 | 291 | 337 | 292 |
| Net profit | 205 | 272 | 299 | 281 | 296 | 250 |
| EPS (₹) | 36.37 | 47.89 | 54.58 | 55.10 | 56.94 | 48.01 |
| Revenue growth | +10.3% | +7.3% | +4.9% | +15.8% | +1.5% | |
| Profit growth | +32.3% | +9.9% | -5.8% | +5.2% | -21.3% | |
| Dividend / share (₹) | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +9.2% | +6.1% | +1.5% |
| Net profit | +2.9% | -1.0% | -21.3% |
| EPS | +5.9% | +1.7% | – |
| Share price | – | -9.0% (2y) | -30.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,365 | 1,233 | 1,499 | 1,757 |
| Borrowings | – | 1 | 0 | 0 | 0 |
| Cash & equivalents | – | 578 | 496 | 630 | 439 |
| Total assets | – | 2,051 | 2,052 | 2,653 | 2,759 |
| Fixed assets | – | 259 | 296 | 416 | 431 |
| Capital work in progress | – | 133 | 134 | 89 | 130 |
| Investments | – | 5 | 4 | 4 | 3 |
| Receivables | – | 133 | 112 | 92 | 112 |
| Inventory | – | 718 | 743 | 1,029 | 1,210 |
| Payables | – | 232 | 247 | 481 | 479 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 111 | 297 | 389 | 197 | -6 |
| Cash from investing | 66 | -119 | 38 | -183 | 92 |
| Cash from financing | -170 | -176 | -425 | -18 | -64 |
| Capex | 47 | 110 | 100 | 89 | 149 |
| Free cash flow | 64 | 187 | 289 | 108 | -156 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 19.9% | 24.2% | 18.8% | 16.8% |
| ROCE % | – | 20.9% | 26.0% | 19.8% | 17.4% |
| Debtor days | – | 45 | 36 | 28 | 29 |
| Inventory days | – | 464 | 467 | 613 | 608 |
| Payable days | – | 150 | 155 | 286 | 241 |
| Cash conversion cycle (days) | – | 359 | 348 | 355 | 396 |
| Working capital days | – | 319 | 237 | 290 | 285 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 60.50% |
| FIIs | 17.56% |
| DIIs | 3.48% |
| of which Mutual funds | 2.45% |
| Public (non-institutions) | 17.69% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 60.50% | 60.50% | 60.50% | 60.50% | 60.50% | 60.50% | 60.50% | 60.50% |
| Promoter group | % |
|---|---|
| G.V. Bhaskar Rao, Trustee of Pawan Private Trust | 19.61% |
| G.V. Bhaskar Rao, Trustee of Madhushree Private Trust | 19.61% |
| Gundavaram Venkata Bhaskar Rao | 9.68% |
| Vanaja Devi Gundavaram | 4.26% |
| Pawan Gundavaram | 4.03% |
| Vamsheedhar Chennamaneni | 1.76% |
| Mithun Chand Chennamaneni | 1.55% |
| Public holders above 1% | % |
|---|---|
| Massachusetts Institute of Technology | 5.34% |
| Bowhead India Fund | 4.54% |
| OLD Bridge Focused Equity Fund | 2.21% |
| 238 Plan Associates LLC | 1.54% |
| Blackstone Directional Managed Account Platform Master Fund Managed BY Bowhead Investment Management | 1.45% |
60,296 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Agricultural Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTFOODS | ₹13,272 cr | 20.7x | 2.9x | 15.3% | 18.8% | 10.7% | +26.3% | 0.79% |
| KRBL | ₹8,074 cr | 10.7x | 1.4x | 13.7% | 17.2% | 16.5% | +4.4% | 1.00% |
| GAEL | ₹6,471 cr | 15.6x | 2.0x | 13.2% | 15.5% | 9.9% | +5.3% | 0.18% |
| KSCL | ₹3,578 cr | 14.5x | 2.0x | 15.3% | 14.6% | 22.9% | +9.2% | 0.72% |
| TRUALT | ₹3,347 cr | 23.9x | 2.2x | 9.8% | 11.7% | 18.6% | – | – |
| AEROPLANE | ₹2,135 cr | 16.5x | 2.3x | 11.2% | 13.3% | 9.8% | – | – |
| GRMOVER | ₹1,861 cr | 19.1x | 3.1x | 14.9% | 13.2% | 5.5% | +8.7% | – |
| SANSTAR | ₹1,801 cr | 37.5x | 2.6x | 6.5% | 7.4% | 6.6% | – | – |
| TRUEGREEN | ₹1,437 cr | 11.8x | 9.0x | 39.0% | 17.5% | 19.0% | – | – |
| AVTNPL | ₹1,337 cr | 16.0x | 2.4x | 15.7% | 17.3% | 13.8% | +7.0% | 0.85% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-11-12 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2024-11-26 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2024-09-24 | Other | Annual General Meeting |
| 2024-02-23 | Buyback | Buy Back |
| 2023-11-20 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2023-09-26 | Other | Annual General Meeting |
| 2022-09-23 | Other | Annual General Meeting |
| 2022-08-25 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2021-11-25 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-11-18 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2020-09-24 | Other | Annual General Meeting |
| 2019-11-21 | Buyback | Buyback |
| 2019-09-12 | Other | Annual General Meeting |
| 2019-08-22 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2018-11-26 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2018-09-17 | Other | Annual General Meeting |
| 2018-08-02 | Buyback | Buyback |
| 2017-09-21 | Other | Annual General Meeting |
| 2017-08-18 | Dividend | Interim Dividend - Rs 3/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Produce the Cotton, Maize, Paddy and Vegetable Seeds: Production, Distribution, Sales & Marketing of Seeds including Vegetable Seeds
| Sector | Fast Moving Consumer Goods |
| Industry | Other Agricultural Products |
| Sub-industry | Other Agricultural Products |
| Symbol | KSCL |
| BSE code | 532899 |
| ISIN | INE455I01029 |
| Face value | ₹2.0 |
| Incorporated | 1986-08-27 |
| Website | www.kaveriseeds.in |
| Plants (India / abroad) | 9 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.