Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Kaveri Seed Company Ltd

About the Company - Kaveri Seed Company Ltd

Kaveri Seed Company Ltd. is a Public Limited Listed company incorporated on 27/08/1986 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L01120TG1986PLC006728 and registration number is 006728. Currently Company is involved in the business activities of Growing of non-perennial crops. Company’s Total Operating Revenue is Rs. 915.00 Cr. and Equity Capital is Rs. 11.66 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Agricultural Products513-B, 5th Floor, Minerva Complex, Secunderabad Telangana 500003cs@kaveriseeds.in
http://www.kaveriseeds.in
Management
NamePosition Held
Mr. G V Bhaskar RaoChairman & Managing Director
Mr. C Mithun ChandExecutive Director
Dr. G PawanExecutive Director
Mrs. G Vanaja DeviExecutive Director
Mr. C VamsheedharExecutive Director
Dr. S Raghuvardhan ReddyIndependent Director
Dr. S M IlyasIndependent Director
Mr. K PurushothamIndependent Director
Mrs. M Chaya RatanIndependent Director
Prof. R R HanchinalIndependent Director

Basic Stock Data of Kaveri Seed Company Ltd

Last Updated: July 24, 2024, 11:03 pm

Market Cap 5,484 Cr.
Current Price 1,065
High / Low1,116/535
Stock P/E18.4
Book Value 240
Dividend Yield0.47 %
ROCE24.7 %
ROE23.0 %
Face Value 2.00
PEG Ratio3.52

Data Source: screener.in

Kaveri Seed Company Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales119646301481266768616714474736171143
Expenses108804301411197743915913190458160134
Operating Profit10-1620067-11247913-17278119
OPM %9%-25%32%4%6%-16%36%5%9%-23%38%7%6%
Other Income8415157477328121413
Interest0000000000000
Depreciation6655565556667
Profit before tax12-17210179-122491140-142841915
Tax %24%-2%2%22%19%4%2%50%4%-12%3%25%25%
Net Profit9-18205137-12245538-162751411
EPS in Rs1.51-2.8833.772.191.31-2.0241.810.916.81-2.7748.912.452.11

Last Updated: July 11, 2024, 7:50 am

Kaveri Seed Company Ltd Quarterly Chart

Kaveri Seed Company Ltd Profit & Loss

Last Updated: July 10, 2024, 6:53 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales7111,0101,1597437038188089291,0339681,0681,125
Expenses572789850556564597596676735765816839
Operating Profit139221310188140222212253298203252286
OPM %20%22%27%25%20%27%26%27%29%21%24%25%
Other Income6101513-2524434646415565
Interest200001101000
Depreciation121615273025232622212122
Profit before tax13221431017384220231273321223286328
Tax %3%2%3%3%8%4%6%5%3%4%5%
Net Profit12820930116777211217260311213273311
EPS in Rs18.7030.4243.6824.3111.2731.9634.4542.9451.4736.4348.5955.40
Dividend Payout %17%16%17%10%0%9%9%7%8%11%8%

Kaveri Seed Company Ltd Profit & Loss Yearly Chart

Kaveri Seed Company Ltd Growth

Compounded Sales Growth
10 Years:1%
5 Years:7%
3 Years:4%
TTM:8%
Compounded Profit Growth
10 Years:4%
5 Years:10%
3 Years:2%
TTM:39%
Stock Price CAGR
10 Years:4%
5 Years:19%
3 Years:16%
1 Year:93%
Return on Equity
10 Years:21%
5 Years:20%
3 Years:18%
Last Year:23%

Last Updated: July 25, 2024, 5:31 am

Kaveri Seed Company Ltd Balance Sheet

Last Updated: July 10, 2024, 6:53 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital141414141413131212121111
Reserves3315027419131,0019999949471,2321,2691,3541,645
Borrowings311253762110
Other Liabilities520512402432509449536612714596683671
Total Liabilities8681,0281,1581,3611,5281,4651,5501,5771,9601,8772,0482,328
Fixed Assets137144161202200189240250246242261258
CWIP8126220343738183143133155
Investments132278295506657623510384599517562792
Other Assets5905956416336376157639251,0851,0751,0921,124
Total Assets8681,0281,1581,3611,5281,4651,5501,5771,9601,8772,0482,328

Kaveri Seed Company Ltd Reserves and Borrowings Chart

Kaveri Seed Company Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 110193145246218148128192252110297389
Cash from Investing Activity -58-162-84-202-1507182112-21766-11938
Cash from Financing Activity -47-38-61-42-56-226-219-301-29-170-176-425
Net Cash Flow5-8-0311-7-935713

Kaveri Seed Company Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days352437394438384637424636
Inventory Days568484411462399386483485486517464467
Days Payable288223128198270192188203242156150155
Cash Conversion Cycle316284320304174233334329281403360347
Working Capital Days27247496567595126130175123229
ROCE %48%47%21%15%21%20%24%27%16%17%

Kaveri Seed Company Ltd Financial Efficiency Indicators Chart

Kaveri Seed Company Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters55.52%57.28%57.44%57.44%57.44%57.44%59.90%59.90%59.90%59.90%59.90%60.50%
FIIs14.92%13.41%17.58%17.61%17.68%15.03%16.45%16.54%16.29%16.29%17.69%17.22%
DIIs10.99%10.81%6.69%6.95%7.45%6.44%6.86%6.80%6.76%6.76%4.58%4.83%
Public17.11%16.99%16.79%16.50%15.94%19.60%15.22%15.18%15.58%15.58%16.36%15.87%
Others1.46%1.50%1.51%1.50%1.50%1.50%1.57%1.56%1.46%1.46%1.46%1.58%
No. of Shareholders52,98665,44768,17467,28660,79170,40560,03657,57456,82956,82949,17452,447

Kaveri Seed Company Ltd Shareholding Pattern Chart

No. of Kaveri Seed Company Ltd Shareholders

Kaveri Seed Company Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund21,6280.291.3421,6282024-07-230%
Groww Nifty Total Market Index Fund490.01021,6282024-07-23-99.77%

Kaveri Seed Company Ltd ROCE Trend

Kaveri Seed Company Ltd EPS Trend

Kaveri Seed Company Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)54.5847.8936.3752.2341.82
Diluted EPS (Rs.)54.5847.8936.3752.2341.82
Cash EPS (Rs.)63.7452.4340.0855.2747.34
Book Value[Excl.RevalReserv]/Share (Rs.)240.29244.50219.83206.43158.95
Book Value[Incl.RevalReserv]/Share (Rs.)240.29244.50219.83206.43158.95
Revenue From Operations / Share (Rs.)223.26191.40166.32171.78154.21
PBDIT / Share (Rs.)67.8554.8341.8056.9849.53
PBIT / Share (Rs.)62.4151.1638.2253.2945.27
PBT / Share (Rs.)62.3651.1238.1953.2145.19
Net Profit / Share (Rs.)58.3048.7536.4951.5843.08
NP After MI And SOA / Share (Rs.)58.0848.5936.4351.4742.94
PBDIT Margin (%)30.3928.6425.1333.1732.11
PBIT Margin (%)27.9526.7222.9731.0229.35
PBT Margin (%)27.9326.7122.9630.9729.30
Net Profit Margin (%)26.1125.4721.9330.0327.93
NP After MI And SOA Margin (%)26.0125.3821.9029.9627.84
Return on Networth / Equity (%)24.2319.9016.5824.9527.02
Return on Capital Employeed (%)24.9320.2816.7524.9927.29
Return On Assets (%)14.5613.2411.3015.8216.41
Long Term Debt / Equity (X)0.000.000.000.000.01
Total Debt / Equity (X)0.000.000.000.000.01
Asset Turnover Ratio (%)0.550.540.470.550.56
Current Ratio (X)1.982.462.732.392.18
Quick Ratio (X)1.001.161.201.090.91
Inventory Turnover Ratio (X)0.750.650.530.840.84
Dividend Payout Ratio (NP) (%)0.008.4510.817.658.81
Dividend Payout Ratio (CP) (%)0.007.869.847.148.01
Earning Retention Ratio (%)0.0091.5589.1992.3591.19
Cash Earning Retention Ratio (%)0.0092.1490.1692.8691.99
Interest Coverage Ratio (X)1431.041627.551913.74680.72624.44
Interest Coverage Ratio (Post Tax) (X)1230.521448.161671.30617.25544.16
Enterprise Value (Cr.)3184.952647.583168.063086.142053.99
EV / Net Operating Revenue (X)2.772.473.272.982.21
EV / EBITDA (X)9.138.6312.998.986.87
MarketCap / Net Operating Revenue (X)2.792.493.282.992.21
Retention Ratios (%)0.0091.5489.1892.3491.18
Price / BV (X)2.601.952.492.492.14
Price / Net Operating Revenue (X)2.792.493.282.992.21
EarningsYield0.090.100.060.100.12

Kaveri Seed Company Ltd Profitability Ratios (%)

Kaveri Seed Company Ltd Liquidity Ratios

Kaveri Seed Company Ltd Liquidity Ratios (%)

Kaveri Seed Company Ltd Interest Coverage Ratios (%)

Kaveri Seed Company Ltd Valuation Ratios

Fair Value

Fair Value: 1,020.45

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 4.18% compared to the current price 1065

Intrinsic Value: 1,073.80

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 0.83% compared to the current price 1065

Last 5 Year EPS CAGR: 5.23%

*Investments are subject to market risks

Strength and Weakness of Kaveri Seed Company Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 21.33%, which is a positive sign.
  2. The company has higher reserves (958.75 cr) compared to borrowings (2.67 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (473.75 cr) and profit (232.92 cr) over the years.
  1. The stock has a high average Working Capital Days of 102.50, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 307.08, which may not be favorable.

FAQ

What is the latest fair value of Kaveri Seed Company Ltd?

The latest fair value of Kaveri Seed Company Ltd is ₹1020.45.

What is the Market Cap of Kaveri Seed Company Ltd?

The Market Cap of Kaveri Seed Company Ltd is 5,484 Cr..

What is the current Stock Price of Kaveri Seed Company Ltd as on 25 July 2024?

The current stock price of Kaveri Seed Company Ltd as on 25 July 2024 is 1,065.

What is the High / Low of Kaveri Seed Company Ltd stocks in FY 2024?

In FY 2024, the High / Low of Kaveri Seed Company Ltd stocks is 1,116/535.

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

The Stock P/E of Kaveri Seed Company Ltd is 18.4.

What is the Book Value of Kaveri Seed Company Ltd?

The Book Value of Kaveri Seed Company Ltd is 240.

What is the Dividend Yield of Kaveri Seed Company Ltd?

The Dividend Yield of Kaveri Seed Company Ltd is 0.47 %.

What is the ROCE of Kaveri Seed Company Ltd?

The ROCE of Kaveri Seed Company Ltd is 24.7 %.

What is the ROE of Kaveri Seed Company Ltd?

The ROE of Kaveri Seed Company Ltd is 23.0 %.

What is the Face Value of Kaveri Seed Company Ltd?

The Face Value of Kaveri Seed Company Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Kaveri Seed Company Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE