Kaveri Seed Company Ltd
NSE:KSCL
Kaveri Seed Company Ltd
Kaveri Seed Co. Ltd. engages in the production, processing and distribution of seeds. The company is headquartered in Secunderabad, Telangana. The company went IPO on 2007-09-26. The firm specializes in hybrid seeds. The product portfolio of the Company consists of a range of high yielding seeds in field crops, such as maize, cotton, rice, pearl millet, mustard, wheat, sorghum, pulses, bajra, wheat, sunflower, and other vegetable crops, which includes tomatoes, okra, chilies, watermelon, gourds and brinjal. The firm sells its product under the brand name Kaveri. The firm owns seven modern seed processing and storage plants across various locations in India. The firm has approximately 100000 acres under seed production spread across different agro-climatic regions. The firm operates in the domestic market as well as in the exports market which includes Pakistan, Sri Lanka, Bangladesh and Vietnam. Its subsidiaries include Kaveri Microteck Private Ltd, Aditya Agri Tech Private Ltd, Genome Agritech Private Ltd and Genomix Agri Genetics Private Ltd.
Kaveri Seed Co. Ltd. engages in the production, processing and distribution of seeds. The company is headquartered in Secunderabad, Telangana. The company went IPO on 2007-09-26. The firm specializes in hybrid seeds. The product portfolio of the Company consists of a range of high yielding seeds in field crops, such as maize, cotton, rice, pearl millet, mustard, wheat, sorghum, pulses, bajra, wheat, sunflower, and other vegetable crops, which includes tomatoes, okra, chilies, watermelon, gourds and brinjal. The firm sells its product under the brand name Kaveri. The firm owns seven modern seed processing and storage plants across various locations in India. The firm has approximately 100000 acres under seed production spread across different agro-climatic regions. The firm operates in the domestic market as well as in the exports market which includes Pakistan, Sri Lanka, Bangladesh and Vietnam. Its subsidiaries include Kaveri Microteck Private Ltd, Aditya Agri Tech Private Ltd, Genome Agritech Private Ltd and Genomix Agri Genetics Private Ltd.
Revenue Growth: Kaveri Seed reported 16.94% revenue growth for the first nine months of FY26, reaching INR 1,221.56 crore.
Profitability: Net profit rose 4.9% to INR 308.91 crore for the nine-month period, while EBITDA grew by 10.35%.
Margin Pressure: Gross margins declined by around 400–500 basis points year-on-year in Q3 due to higher production costs in cotton, maize, and rice, with the company unable to fully pass these on to customers.
Export Momentum: Exports surged 86% in the quarter, with management expecting continued robust growth unless there are major disruptions.
Inventory Build-Up: The company’s cash position declined to INR 309 crore mainly due to increased inventory, which management expects to normalize in the coming quarters.
Product Expansion: Non-cotton hybrids, research paddy, sunflower, and mustard saw strong volume increases, with ongoing investments in R&D and new product launches expected to drive future growth.
Seed Bill Update: The new Seed Bill is expected to organize and strengthen the industry, with passage anticipated soon.
Tax Demands: Pending tax cases totaling INR 126 crore are at the appeals stage, with no provisions made since amounts are shown as contingent liabilities.
