MarketFriction

Kaveri Seed Company Ltd

NSE KSCL · BSE 532899 · Other Agricultural Products
₹715.10 -1.45%
NSE close2026-10-01
52 week range685.00 - 1,095.90
Market cap₹3,801 Cr.
P/E15.2
Microcap 250 Price band 20% Delivery 27.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1711439880313717490859219210107742
Expenses160134110508139160107520225189123449
Operating Profit119-12295-214-17338-621-16294
OPM %7%6%-12%37%-1.4%8%-18%39%-2.9%10%-15%40%
Other Income1413259131113106864
Interest000000000000
Depreciation6710889161415151613
Profit before tax19153297317-20334-1514-27284
Tax %25%25%112%2%126%11%17%2%7%6%3%1%
Net Profit1411-0291-115-23327-1613-28280
EPS in Rs2.452.11-0.0556.28-0.133.00-4.4663.39-3.002.53-5.4154.40
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7437038188089291,0339681,0681,1461,2021,3921,279
Expenses5565645975966767357658168609111,055986
Operating Profit188140222212253298203252286291337293
OPM %25%20%27%26%27%29%21%24%25%24%24%23%
Other Income13-2524434646415563462923
Interest001101000000
Depreciation273025232622212128406060
Profit before tax17384220231273321223286321297306255
Tax %3%8%4%6%5%3%4%5%7%5%3%
Net Profit16777211217260311213273300282296249
EPS in Rs24.3111.2731.9634.4542.9451.4736.4348.5958.0854.6957.5148.52
Dividend Payout %10%0%9%9%7%8%11%8%9%9%9%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%6%9%1%
Compounded Profit Growth4%-3%4%-21%
Stock Price CAGR8%5%7%-30%
Return on Equity18%17%18%15%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141414131312121211101010
Reserves7419131,0019999949471,2321,2691,3541,2221,4891,746
Borrowings125376211000
Other Liabilities4024325094495366127145966838151,150997
Total Liabilities1,1581,3611,5281,4651,5501,5771,9601,8772,0482,0482,6492,754
Fixed Assets161202200189240250246242261297417432
CWIP622034373818314313313490130
Investments295506657623510384599517562476613401
Other Assets6416336376157639251,0851,0751,0921,1401,5291,791
Total Assets1,1581,3611,5281,4651,5501,5771,9601,8772,0482,0482,6492,754
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity145246218148128192252110297389197-6
Cash from Investing Activity-84-202-1507182112-21766-11938-18392
Cash from Financing Activity-61-42-56-226-219-301-29-170-176-425-18-64
Net Cash Flow-0311-7-935713-321
Free Cash Flow632211751345914121363187289108-155
CFO/OP47%131%156%67%66%81%88%59%129%142%76%7%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days373944383846374246362829
Inventory Days411462399386483485486517464467613608
Days Payable128198270192188203242156150155286241
Cash Conversion Cycle320304174233334329281403360347354396
Working Capital Days74965675951261301751238099171
ROCE %47%21%15%21%20%24%27%16%17%22%20%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.90%59.90%60.50%60.50%60.50%60.50%60.50%60.50%60.50%60.50%60.50%60.50%
FIIs16.29%17.69%17.22%18.97%19.84%19.51%20.41%20.34%20.36%19.95%18.55%17.54%
DIIs6.76%4.58%4.83%4.98%3.77%3.55%2.91%2.87%2.87%2.78%2.87%3.49%
Public15.58%16.36%15.87%14.97%15.31%15.86%15.59%15.70%15.68%15.41%17.30%17.67%
Others1.46%1.46%1.58%0.59%0.58%0.58%0.58%0.58%0.58%1.35%0.77%0.77%
No. of Shareholders56,82949,17452,44749,07456,65257,45754,56064,90558,09556,06256,78156,948

Fundamentals

Market Cap₹ 3,801 Cr.
Current Price₹ 742
Stock P/E15.2
Book Value₹ 342
ROCE15.8 %
ROE15.0 %
Dividend Yield0.67 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)1%
Compounded Profit Growth (TTM)-21%
Consolidated figures.
Valuation
Market capRs 3,678 Cr
Enterprise valueRs 3,637 Cr
P/E (TTM)14.74x
Price to book2.09x
Price to sales2.88x
EV / EBITDA11.52x
EV / EBIT14.22x
EV / sales2.84x
Earnings yield6.79%
Dividend yield0.70%
P/E, 3-year average15.82x
P/B, 3-year average3.08x
P/E, 5-year average14.46x
P/B, 5-year average2.74x
Profitability
Operating margin (excl. other income)24.20%
Operating margin (incl. other income)26.30%
EBITDA margin24.69%
Pre-tax margin19.98%
Net profit margin19.52%
Net margin, latest quarter37.69%
ROE18.17%
ROCE18.80%
ROA10.95%
ROE, 3-year average20.59%
ROCE, 3-year average21.76%
ROA, 3-year average12.51%
ROE, 5-year average19.83%
ROCE, 5-year average20.91%
ROA, 5-year average12.49%
ROIC (approx.)14.43%
Tax rate3.25%
Other income / net worth1.67%
Growth
Sales growth (latest year)15.76%
Profit growth (latest year)5.16%
Sales CAGR, 3 years9.23%
Sales CAGR, 5 years6.14%
Profit CAGR, 3 years2.87%
Profit CAGR, 5 years-0.96%
Sales growth QoQ593.21%
Sales growth YoY (latest quarter)-13.52%
Profit growth YoY (latest quarter)-14.18%
Per share
EPS (TTM)Rs 48.52
EPS (latest year)Rs 57.51
EPS (latest quarter)Rs 54.40
EPS, 3-year averageRs 56.76
EPS, 5-year averageRs 51.06
Book value per shareRs 341.53
Sales per shareRs 248.59
Cash flow per shareRs -1.26
Free cash flow per shareRs -30.13
Dividend per share (latest year)Rs 5.00
Dividend per share, 3-year averageRs 5.00
Dividend per share, 5-year averageRs 4.60
Dividends
Dividend payout8.69%
Dividend payout, 3-year average8.82%
Dividend payout, 5-year average9.13%
Efficiency
Asset turnover0.51x
Fixed asset turnover3.22x
Inventory turnover0.60x
Inventory days603 days
Debtor days29 days
Debtors turnover12.39x
Creditor days241 days
Cash conversion cycle396 days
Working capital days171 days
Leverage
Cash and bankRs 42 Cr
Net debtRs -42 Cr
Net debt / EBITDA-0.13x
Interest coverage799.41x
Current ratio (filing 2026-03-31)2.14x
Quick ratio (filing 2026-03-31)0.88x
Trade payables (filing 2026-03-31)Rs 479 Cr
Owners' fund to total sources63.80%
Cash flow
Cash from Operating Activity (latest year)Rs -6 Cr
Cash from Investing Activity (latest year)Rs 92 Cr
Cash from Financing Activity (latest year)Rs -64 Cr
Net Cash Flow (latest year)Rs 21 Cr
Free cash flow (latest year)Rs -155 Cr
Cash from ops / profit, 5 years0.72x
Statement figures
Net sales (TTM)Rs 1,279 Cr
Net sales (latest year)Rs 1,392 Cr
Sales (latest quarter)Rs 742 Cr
Operating profit excl. other income (latest year)Rs 337 Cr
Operating profit (latest quarter)Rs 294 Cr
Other income (TTM)Rs 23 Cr
EBITDA (TTM)Rs 316 Cr
PBDT (TTM)Rs 315 Cr
Profit before tax (TTM)Rs 255 Cr
Tax (latest year)Rs 10 Cr
Net profit (TTM)Rs 250 Cr
Net profit (latest year)Rs 296 Cr
Net profit (latest quarter)Rs 280 Cr
Depreciation (TTM)Rs 60 Cr
Depreciation (latest quarter)Rs 13 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 732 Cr
Total expenditure (latest year)Rs 1,055 Cr
Total income (latest year)Rs 1,421 Cr
Share capitalRs 10 Cr
ReservesRs 1,746 Cr
Shareholders' fundsRs 1,757 Cr
Total assetsRs 2,754 Cr
Net blockRs 432 Cr
Capital work in progressRs 130 Cr
InvestmentsRs 401 Cr
ReceivablesRs 112 Cr
InventoryRs 1,210 Cr
Other liabilitiesRs 997 Cr
Shares outstanding (crore)5.14
Ownership
Promoter holding60.50% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 14.7 is at the 63th percentile of its own 9.4-year range (median 12.5, low 8.1, high 45.8).
P/B 2.09 is at the 16th percentile (median 2.65).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodKSCLNifty 50Difference
1 week-8.8%-2.8% -6.0 pts
1 month-6.1%-6.8% +0.7 pts
3 months-22.2%-7.6% -14.6 pts
6 months-8.8%+0.4% -9.2 pts
1 year-34.4%-9.9% -24.5 pts
2 years-33.2%-13.6% -19.6 pts
3 years+18.8%+14.2% +4.6 pts
5 years+22.6%+27.9% -5.3 pts
8 mutual fund schemes hold about ₹89 Cr. Over three months 6 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Old Bridge Focused Fund2.00%80 -7%
ITI ELSS Tax Saver Fund1.12%5 +8%
Motilal Oswal Nifty Microcap 250 Index Fund0.16%4 +3%
Groww Nifty Total Market Index Fund0.01%0 +12%
Angel One Nifty Total Market Index Fund0.01%0 +12%
Mirae Asset Nifty Total Market Index Fund0.01%0 +12%
Bandhan Nifty Total Market Index Fund0.01%0 +12%
Motilal Oswal BSE 1000 Index Fund0.01%0 +12%

Red flags

F-score 6 of 8
explainHigh accruals Profit exceeded operating cash by 11% of total assets in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹742 Cr -13.6% vs Jun 2025. Net profit ₹280 Cr -14.4%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2025-11-12Interim Dividend - Rs 5 Per Share
2024-11-26Interim Dividend - Rs 5 Per Share
2024-09-24Annual General Meeting
2024-02-23Buy Back
2023-11-20Interim Dividend - Rs 5 Per Share
2023-09-26Annual General Meeting
2022-09-23Annual General Meeting
2022-08-25Interim Dividend - Rs 4 Per Share
2021-11-25 Interim Dividend - Rs 4 Per Share
2021-09-22 Annual General Meeting
2020-11-18 Interim Dividend - Rs 4 Per Share
2020-09-24 Annual General Meeting
2019-11-21 Buyback
2019-09-12 Annual General Meeting
2019-08-22 Interim Dividend - Rs 3 Per Share
2018-11-26 Interim Dividend - Rs 3 Per Share
2018-09-17 Annual General Meeting
2018-08-02 Buyback
2017-09-21 Annual General Meeting
2017-08-18 Interim Dividend - Rs 3/- Per Share
2017-06-15 Buyback
2016-09-22 Annual General Meeting
2015-09-23 Annual General Meeting/ Dividend - Rs 2.50/- Per Share (Book Closure Start Date Revised)
2015-08-24 Interim Dividend - Rs 2.50/- Per Share
2015-02-12Second Interim Dividend - Rs 2.50/- Per Share
2014-11-07Interim Dividend Rs.2.50 Per Share
2014-09-15Annual General Meeting / Final Dividend - Rs 2.40/- Per Share
2014-02-26Interim Dividend Rs 2.40/- Per Share
2014-01-27Face Value Split From Rs 10/- To Rs 2/-0.2000
2013-09-18Annual General Meeting And Dividend Rs.8/- Per Share
2013-02-28Interim Dividend Rs 8 Per Share
2012-09-18Annual General Meeting And Dividend Rs.4/- Per Share
2011-09-22Annual General Meeting And Dividend Rs.2.50 Per Share
2010-09-21Annual General Meeting And Dividend Rs.2/- Per Share
2009-09-16Agm/Div-Rs.2/- Per Share
2008-09-25Annual General Meeting
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Kaveri Seed Company Ltd?

Kaveri Seed Company Ltd (KSCL) has a market capitalisation of Rs 3,801 Cr. at the 2026-10-01 close.

What is the P/E ratio of Kaveri Seed Company Ltd?

Kaveri Seed Company Ltd trades at a P/E of 15.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Kaveri Seed Company Ltd's latest quarterly results?

In the Jun 2026 quarter, Kaveri Seed Company Ltd sales was Rs 742 Cr (-13.6% vs Jun 2025) and net profit was Rs 280 Cr.

What is the 52-week high and low of Kaveri Seed Company Ltd?

The 52-week high is Rs 1,095.90 and the 52-week low is Rs 685.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03