NSE: KSCL | BSE: 532899

Mid-range Performer

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1156.80 -21.60 (-1.83%)

27.79% Fall from 52W High

311.4K NSE+BSE Volume

NSE 01 Jul, 2025 3:31 PM (IST)

5,950.5

Market Cap

High in industry

0.9

Beta 1Year

Low volatility

Kaveri Seed Company Ltd. share price target and research reports

Name: Latest research reports of Kaveri Seed Company Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Kaveri Seed Company Ltd.
Rating: 5
Author: ICICI Securities Limited

Latest analyst research reports with target prices and PDF download for KSCL, BSE:532899 Kaveri Seed Company Ltd.

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Kaveri Seed Company Ltd.

25 Jan 2023

1156.80

-1.83%

Market share gains with success of new products

Buy: Kaveri Seed Company Ltd.

Target

ICICI Securities Limited

While Oct-Dec is a seasonally weak quarter, Kaveri has reported strong performance with revenue and EBITDA growth of 14.2% and 79% led by 117.1% growth in sales of hybrid rice seeds YoY. Cotton seeds also reported healthy growth of 6.2% YoY.

Kaveri Seed Company Ltd. is trading below its 30 day SMA of 1355.5

Kaveri Seed Company Ltd.

16 Nov 2022

1156.80

-1.83%

Steady revenue growth despite weak cotton seed revenues

Buy: Kaveri Seed Company Ltd.

Target

ICICI Securities Limited

Highlights from Q2FY23: (1) Non-cotton portfolio i.e. hybrid rice seeds, maize seeds, and vegetable seeds reported -94.7%, 10%, and 358% YoY revenue growth in Q2FY23, respectively, (2) Cotton business reported revenue steep decline of 34.2% in Q2FY23 largely due to volume decline of 38%.

Kaveri Seed Company Ltd. has lost -19.71% in the last 1 Month

Kaveri Seed Company Ltd.

29 Aug 2022

1156.80

-1.83%

EARNINGS UPDATE- KAVERI SEEDS LTD 1QFY23

Buy: Kaveri Seed Company Ltd.

Target

Chola Wealth Direct

Kaveri Seed Company Ltd. is trading above its 200 day SMA of 1092.1

Kaveri Seed Company Ltd.

11 Aug 2022

1156.80

-1.83%

Expansion in gross margin drives earnings

Buy: Kaveri Seed Company Ltd.

Target

Motilal Oswal

Kaveri Seed Company Ltd. has lost -19.71% in the last 1 Month

Kaveri Seed Company Ltd.

24 May 2022

1156.80

-1.83%

Expect higher cotton seed revenues with rising cotton prices and acreage

Buy: Kaveri Seed Company Ltd.

ICICI Securities Limited

Kaveri reported revenue growth of 3.6% YoY. EBITDA and adj. PAT were at –Rs109mn and –Rs118mn during the quarter. As Mar quarter is the leanest quarter for farming in India, Kaveri reports limited revenues in Q4. Lower staff cost and other expenses as a % of sales resulted in lower losses YoY. Lower effective tax rate further reduced the pressure on PAT margin.

Kaveri Seed Company Ltd. is trading below its 30 day SMA of 1355.5

Kaveri Seed Company Ltd.

17 Feb 2022

1156.80

-1.83%

EARNINGS UPDATE- KAVERI SEEDS LTD 3QFY22

Buy: Kaveri Seed Company Ltd.

Target

Chola Wealth Direct

Segment wise performance: Cotton seed volumes fell 26% YoY to 5.2m packets in 9MFY22, leading to a 24% decline in revenue to 3.3bn. KSCL gained cotton seed market share in Gujarat, Maharashtra and Haryana, while it lost share in Andhra Pradesh and Telangana. Volume contribution from new products in Maize segment rose to 25.5% from 9.5%. Maize seed volumes dropped by 24% to 7,649MT and revenue declined by 13% to 1.6bn in 9MFY22. Hybrid rice volumes increased 22% after introduction of its new products such as KPH471, KPH473, and KRH7299 leading to 32% revenue growth to 1.7bn. Selection rice volumes rose 7% 9MFY22 to 14,641mt while revenue grew by 21% to 1.2m....

Kaveri Seed Company Ltd. has gained 32.45% in the last 6 Months

Kaveri Seed Company Ltd.

23 Nov 2021

1156.80

-1.83%

EARNINGS UPDATE- KAVERI SEEDS LTD 2QFY22

Buy: Kaveri Seed Company Ltd.

Target

Chola Wealth Direct

Segment wise performance: Cotton seed volumes fell 27% YoY to 5.2m packets in 1HFY22, leading to a 25% decline in revenue to 3.3bn. KSCL gained cotton seed market share in Gujarat and Haryana, while it lost share in Andhra Pradesh, Telangana, Maharashtra, and Karnataka. Volume contribution from new products fell to 20.4% from 35.2%. Maize seed volumes dropped by 31% to 5,880MT and revenue declined by 19% YoY to 1.2bn in 1HFY22. Hybrid rice volumes increased 28.9% to 6,603mt, leading to 44.4% revenue growth to 1.6bn. Selection rice volumes fell 0.3% to 12,287mt while revenue grew by 15.6% to 910m. Vegetable seed revenue grew 17% YoY to 227m, driven by 3.5x...

Kaveri Seed Company Ltd. has gained 32.45% in the last 6 Months

Kaveri Seed Company Ltd.

15 Nov 2021

1156.80

-1.83%

Lower maize seed volumes drags performance

Buy: Kaveri Seed Company Ltd.

Target

Motilal Oswal

KSCL's reported a weak operating performance in 2QFY22, despite a 10% surge in revenue on account of higher input cost and other expenses. EBITDA/PAT was below our estimate. Factoring in its 2QFY22 performance, we decrease our FY22E/FY23E earnings estimate by 8%/7% due to higher RM prices. We value the stock at 12x FY23E EPS to arrive at our TP of INR630. We maintain our Buy rating....

Kaveri Seed Company Ltd. has lost -19.71% in the last 1 Month

Kaveri Seed Company Ltd.

20 Aug 2021

1156.80

-1.83%

EARNINGS UPDATE- KAVERI SEEDS LTD 1QFY22

Buy: Kaveri Seed Company Ltd.

Target

Chola Wealth Direct

In 1QFY22, KSCL's standalone revenue declined by 8.8% YoY to 6.8bn; on the back of lower volumes in Cotton and Maize segments. Maize segment volumes declined by 18.3% YoY while revenue decreased by 7.8% YoY. Cotton segment volumes and revenue were lower on a YOY basis by ~28%, as area under cultivation has decreased in all major cotton...

Kaveri Seed Company Ltd. is trading below its 30 day SMA of 1355.5

Kaveri Seed Company Ltd.

16 Aug 2021

1156.80

-1.83%

Lower cotton seed volumes drag down overall performance

Buy: Kaveri Seed Company Ltd.

Target

Motilal Oswal

Kaveri Seeds (KSCL)'s 1QFY22 revenue fell 12% on account of de-growth in the Cotton and Maize, offset by growth in the Hybrid Rice and Vegetables segments. Cotton seed sales volumes were impacted by lower cotton acreage and the use of herbicide-tolerant Bt (HTBt) seeds, which further impacted branded seed sales. Also, the pandemic affected the supply chain, resulting in the lower absorption of cotton hybrids by dealers and distributors and the consequent unavailability for the farmer. Operating performance was further impacted by write-offs over...

Kaveri Seed Company Ltd. has lost -19.71% in the last 1 Month

Is Kaveri Seed Company Ltd. worth buying?

316 Votes:

Buy 80.7%

Sell 13.29%

Hold 6.01%