| Management target | Revenue 100.0% 4 years |
|---|
| Revenue growth | Q2 revenue rose 29.84% YoY; H1 down 9.6% due to Q1 monsoon. |
|---|---|
| Margins | EBITDA margin maintained at 30.48% despite lower H1 revenue. |
| Demand visibility | Recovering in Q2; export demand visibility high in SE Asia/Africa. |
| Management confidence | Cautiously optimistic; focusing on high-value new products and exports. |
Growth
Revenue grew 29.84% YoY in Q2, but H1 revenue fell 9.6%. Maize volume dropped 36% due to lower Karnataka acreage.
Outlook
Targets doubling cotton portfolio sales to ₹500 Cr in 3-4 years. Export business grew 2.6x in H1 FY27.
Risks
High dependency on domestic monsoon cycles; illegal cotton seed penetration remains a persistent threat to market share.
Last quarter's promises, checked
Delivered
- Exports ≥25% growth → +163% YoY (= BEAT)
- Q2–Q4 sales above LY → Q2 +29.84% YoY (= BEAT)
- EBITDA margin below Q1's ~35% → H1 30.48% (= BEAT)
Partly delivered
- ₹100 Cr exports in 3 yrs → exports +163% H1; level undisclosed (= PARTIAL)
- Regain cotton share → new hybrids rising, illegal seed still eroding (= PARTIAL)
- Cut output for ₹200 Cr excess stock → maize overhang still flagged (= PARTIAL)
Missed
- Cash ~₹300 Cr by Q2 → ₹178 Cr (= MISS)
- 18–20% growth in 2–3 yrs → H1 revenue -9.6% (= MISS)
- Karnataka maize ₹40–60 Cr recovery → maize volume -36% (= MISS)
Earnings Call Transcript filed with BSE, NSE: KSCL. Summary written with AI assistance from the document.
Kaveri Seed Company Ltd: key numbers
- Share price
- ₹659.10
- Market cap
- ₹3,390 Cr
- Revenue (annual)
- ₹1,395 Cr
- Net profit (annual)
- ₹295.8 Cr
- P/E (TTM)
- 13.2×Sector 22.8×
- Promoter holding
- 60.50%+0.00% QoQ
- FII holding
- 17.56%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Kaveri Seed Company Ltd
All →Kaveri Seed Company Results Update
Kaveri Seed reported Q2FY27 revenue of ₹125.44 Cr, up 29.84% YoY, with EBITDA turning positive at ₹5.42 Cr. H1FY27 net profit stood at ₹268.09 Cr.
Kaveri Seed Company Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹125.44 cr (+29.8% YoY), net loss narrowed to ₹3.21 cr. H1 FY27 revenue ₹940.44 cr (-9.7%), EBITDA margin 30.48%.
Kaveri Seed Company Management Change
Kaveri Seed appointed M. Bhanu Prakash as CFO and KMP effective 28 October 2026. The board also declared a 250% interim dividend and approved eight foreign subsidiaries.
Kaveri Seed Company Dividend
Kaveri Seed Company declared an interim dividend of 250% (₹5 per share) for FY 2026-27. The record date for eligibility is fixed as 6th November 2026.
Kaveri Seed Company Q2 FY27 Results: Net Loss of ₹8.8 Cr, Loss Narrows
Kaveri Seed Company Ltd reported revenue from operations of ₹244.1 Cr (+11.5% YoY) and a net loss of ₹8.8 Cr for Q2 FY27.
- Key figure
- Net loss ₹8.8 Cr
Kaveri Seed Company Board Meeting Date
Kaveri Seed Company has scheduled a board meeting for 28th October, 2026, to consider financial results for the quarter ended 30th September, 2026, and interim dividend.