Agricultural Products company Kaveri Seed Company announced Q1FY26 results Q1FY26 Financial Highlights: Revenue from Operations was at Rs 945.31 crore as compared to Rs 808.09 crore in Q1FY25, registering a growth of 16.98%. EBITDA was at Rs 332.85 crore as compared to Rs 292.79 crore in Q1FY25; an increase of 13.68%. Net Profit was at Rs 316.50 crore as compared to Rs 282.91 crore in Q1FY25, registering a growth of 11.88%. Operational Highlights: The contribution of new products to volumes of Cotton is up from 12% to 34%. Cotton sales were impacted by increased illegal cotton seeds. Hybrid rice volumes increased by 6.48% and revenues increased by 32%. Hybrid rice cultivation was restricted in Punjab, which had impacted the overall sales of hybrid rice. Selection rice volumes increased by 1.30% and revenues increased by 11.58 %. Maize volumes increased by 21% and revenues increased by 54%. Vegetable seed sales volumes increased by 28%, whereas revenue increased by 41%. Volumes of Non-Cotton Hybrids increased by 8% and revenues increased by 31% Volumes of Cotton Hybrid decreased by 15% and there is a corresponding decrease in revenue. G V Bhaskar Rao, Chairman & Managing Director, said: “We are delighted to declare a good set of numbers on account of increasing acreages and high realisations of non-cotton segments like rice and maize. Increased volumes of non-cotton hybrids have resulted in good realisations, which have been well reflected in the overall revenue growth. The increase in contribution of new products to volumes of cotton will have a major impact on the quarters to come in our overall cotton revenue growth. Rice, maize and vegetable segments continue to grow both in terms of acreages, revenues, and realisations. In spite of restrictions on hybrid rice sowing in Punjab, we had delivered a good set of growth in hybrid rice revenues. We have witnessed a trend of substantial increase in revenue growth as compared to volume growth across all non-cotton segments like rice, maize and vegetables, which would continue in the years to come.” Result PDF
Agricultural Products company Kaveri Seed Company announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations was at Rs 76.95 crore as compared to Rs 80.54 crore in Q4FY24, EBITDA was at Rs (15.31) crore as compared to Rs (10.72) crore in Q4FY24, Net Profit was at Rs (29.25) crore as compared to Rs 2.79 crore in Q4FY24, FY25 Financial Highlights: Revenue from Operations was at Rs 1,121.57 crore as compared to Rs 1062.43 crore in FY24, grown by 5.57% EBITDA was at Rs 270.43 crore as compared to Rs 336.63 crore in FY24, grown by 1.43% Net Profit was at Rs 265.21 crore as compared to Rs 293 crore in FY24. Commenting on the results, G V Bhaskar Rao, Chairman & Managing Director said, “We had a phenomenal year on account of growth across all our non-cotton segments like hybrid rice, selection rice, maize and vegetables. Volume growth across segments like bajra, hybrid rice, selection rice, maize and vegetables has resulted in proportionately higher realisations, which is very encouraging and gives an upward trend in the upcoming years” Result PDF
Conference Call with Kaveri Seed Company Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Agricultural Products company Kaveri Seed Company announced Q3FY25 results Revenue from Operations was at Rs 154.77 crore, registered a growth of 30.63%, from Rs 118.47 crore in Q3FY24 EBITDA was at Rs 25.09 crore, registered a growth of 12.77%, as compared to Rs 22.25 crore in Q3FY24 Net Profit was at Rs 15.04 crore as compared to Rs 15.04 crore in Q3FY24, grown by 29.05% G V Bhaskar Rao, Chairman & Managing Director said, “We are delighted to declare good set of numbers for the quarter. Rice and Maize continue to do well during the quarter. Increase in volumes in both selection, hybrid rice and maize had resulted in good growth rates on account of good realisations and passing of increased production cost. In spite of continuous disruption in exports, continue to maintain growth in our profits at both EBIDTA and PAT level” Result PDF
Agricultural Products company Kaveri Seed Company announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue from Operations was at Rs 81.76 crore. EBITDA was at Rs 6.89 crore. Net Profit was at Rs -3.49 crore H1FY25 Financial Highlights: Revenue from Operations has registered a growth of 3.06%, to Rs 889.84 crore, as compared to Rs 863.41 crore in H1FY24. EBITDA was at Rs 299.68 crore, remained flat as compared to Rs 298.87 crore in H1FY24. Net Profit was at Rs 279.41 crore, remained flat as compared to Rs 278.55 crore in H1FY24 Operational Highlights: The contribution of new products to volumes of Bajra was up from 59% to 73%. Hybrid rice volumes increased by 18% and revenues increased by 28% Selection rice volumes increased by 20% and revenues increased by 34 %. Maize volumes increased by 9% and revenues increased by 24%. Vegetable seed sales volumes increased by 11%, whereas revenue decreased by 13%. Export sales stands at Rs 6.01cr in H1FY25, as compared to Rs. 25.93 crore in H1FY24, this decline is due to political unrest in Bangladesh. G V Bhaskar Rao, Chairman & Managing Director, said: “Our non-cotton segment grown by 24% in the first half of the year on account of major contributors like selection and hybrid rice and maize have done well in the first quarter. Our exports during the first half were impacted by unrest in Bangladesh. This has resulted in muted growth rates at revenue level and further below EBIDTA and PAT. Increase in volumes in both selection, hybrid rice and maize had resulted in good growth rates on account of good realisations” Result PDF
Conference Call with Kaveri Seed Company Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Conference Call with Kaveri Seed Company Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.