Kaveri Seed Company Ltd. share price target

Kaveri Seed Company Ltd. (KSCL) reported 4QFY15 results with a consolidated revenue of Rs 399 mn, 3% YoY growth. Generally 4Q is a lean quarter for seed manufacturers due to lack of sawing period....

Kaveri's results have been ahead of our estimates and point to continued growth and limited competitive threat. The company reiterated its guidance of 1520% topline growth over the next threeyearsandretaineditstargetof25%marketshareincotton(19%atpresent).Kaverihasraised...

largest producer of hybrid cotton seeds in India with a market share of ~17%. Kaveri Seeds has access to 60,000 acres under seed production, with farms in Karnataka, Andhra Pradesh and across the country. In the last five years (FY10-15), company's revenue and PAT have grown at a CAGR of 48% and 59.6% respectively. The company has a pan-India presence with a strong distribution network of ~15,000 distributors (direct & in-direct) and retailers across 15 key states in India (up from 11,000 - 4 years ago). Kaveri has 26 warehouses at strategic location with a combined storage space of ~500,000 sqft. The company has...

largest producer of hybrid cotton seeds in India with a market share of ~17%. Kaveri Seeds has access to 60,000 acres under seed production, with farms in Karnataka, Andhra Pradesh and across the country. In the last five years (FY08-13), company's revenue and PAT have grown at a CAGR of 49% and 50% respectively. The company has a pan-India presence with a strong distribution network of ~15,000 distributors (direct & in-direct) and retailers across 15 key states in India (up from 11,000 - 4 years ago). Kaveri has 26 warehouses at strategic location with a combined storage space of ~500,000 sqft. The...

Kaveri Seed Company Ltd. (KSCL) reported 3QFY15 result with a strong EBITDA margin of 39.8%. Sales for 3Q stood at Rs 907 mn a (YoY and QoQ de-growth of 31.6% and 55.4% respectively) led by lower corn acreages....

We initiate coverage on Kaveri seed company Ltd. (KSCL) with a BUY rating and a price target of Rs.1,007 implying of 30% upside. KSCL is a leading producer and one of the fastest growing company in hybrid seeds with a rising market share....

largest producer of hybrid cotton seeds in India with a market share of ~17%. Kaveri Seeds has access to 60,000 acres under seed production, with farms in Karnataka, Andhra Pradesh and across the country. In the last five years (FY08-13), company's revenue and PAT have grown at a CAGR of 49% and 50% respectively. The company has a pan-India presence with a strong distribution network of ~15,000 distributors (direct & in-direct) and retailers across 15 key states in India (up from 11,000 - 4 years ago). Kaveri has 26 warehouses at strategic location with a combined storage space of ~500,000 sqft. The company has a...

largest producer of hybrid cotton seeds in India with a market share of ~17%. Kaveri Seeds has access to 60,000 acres under seed production, with farms in Karnataka, Andhra Pradesh and across the country. In the last five years (FY08-13), company's revenue and PAT have grown at a CAGR of 49% and 50% respectively. The company has a pan-India presence with a strong distribution network of ~15,000 distributors (direct & in-direct) and retailers across 15 key states in India (up from 11,000 - 4 years ago). Kaveri has 26 warehouses at strategic location with a combined storage space of ~500,000 sqft. The...

Kaveri Seeds is the 2 largest producer of hybrid cotton seeds in India w ith a market share of ~17%. Kaveri Seeds has access to 60,000 acres under seed production, with farms in Karnataka, Andhra Pradesh and across the country. In the last five years (FY08-13), company's revenue and PAT have grown at a CAGR of 49% and 50% respectively . The company has a pan-India presence with a strong distribution network of ~15,000 distributors (direct & in-direct) and retailers across 15 key states in India (up from 11,000 - 4 years ago). Kaveri has 26 w arehouses at strategic location with a combined storage space of ~500,000 sqft. The company has a...