Kaveri Seed Co. Ltd. · NSE:KSCL
Kaveri Seed — H1 FY2024 Earnings Presentation
11 slides from Kaveri Seed's earnings presentation, Nov 8, 2023
Slide 1: Kaveri Seed Company Limited exchange filing cover letter
keveni seed company limited K0vefl seeos 08th November 2023 Bombay Stock Exchange Ltd., National Stock Exchange of India Ltd. 1't Floor New Trading Ring Exchange Plaza, 5th Floor, Rotimda Building Plot No.C/1, G Block, P.J.Towers, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E) MUMBAI - 4OO OO1
Slide 2: Q2 & H1 FY24 Investor Update
Q2&HI FY24 Investor Q3 FY22Update Investor Update Kaveri Seed Company Ltd. Kaveri Seeds Ltd. (BSE: NSE: ) NSE: KSCL BSE: 532899
Slide 3: Key Highlights
Key Highlights • Board has recommended 250% dividend i.e. Rs. 5 per equity share on a FV of Rs. 2 per equity share • Despite stable volumes in Rice and Cotton, better realizations translated into substantial revenue growth, which had fuelled a significant improvement in margins • The surge in global
Slide 4: Key Highlights
Key Highlights • Company’s exports focus now extends to countries like Tanzania, Algeria, Ivory Coast, Thailand, the Middle East, and Bangladesh to strengthening it’s position as a global leader in the seed industry • Expecting good growth in Maize crop in Q3, as company is focusing in some states l
Slide 5: Financial highlights
Financial highlights (Rs in Crore) Particulars H1 FY24 H1 FY23 Growth (%) Net Sales 863.42 816.44 5.75% Cost of production 469.44 456.11 2.92 % Other expenses 76.07 80.84 (5.90)% EBIDTA 298.88 259.72 15.08% EBIDTA Margin 34.62% 31.81% 301 basis points PAT 278.56 243.39 14.45% PAT Margin 32.26% 29.81
Slide 6: Revenues growth for Q2FY24
Revenues growth for Q2FY24 Particulars Revenues Growth Q2FY24 Q2FY23 Non Cotton 88.82 71.02 25% Cotton 7.30 13.47 (46) Particulars Revenues Growth Q2FY24 Q2FY23 Hybrid Rice 0.66 0.21 213% Selection Rice 0.91 6.58 (86%) Maize 64.94 37.91 71% Vegetables 9.87 5.13 92% 4
Slide 7: Revenues growth for H1FY24
Revenues growth for H1FY24 Particulars Revenues Growth H1FY24 H1FY23 Non Cotton 507.57 483.15 5.06% Cotton 355.84 333.29 6.77% Particulars Revenues Growth H1FY24 H1FY23 Hybrid Rice 181.85 165.36 9.97% Selection Rice 111.71 97.31 14.80% Maize 152.05 133.43 13.96% Vegetables 27.93 23.15 20.64% 5
Slide 8: Key Highlights
Key Highlights • Cotton volumes are stable & revenues increased by 6.77% • Hybrid Rice Volumes are stable but revenues increased by 9.97% • Selection Rice volumes grew by 4.87% and revenues too grown by 14.80% • Maize revenues were grown by 13.96% • The Contribution of new products was up from 44.46
Slide 9: Key Highlights
Key Highlights • Vegetable Crops like Bitter Gourd, Tomato, Okra & Watermelon have done well • Export Business is increased by 146.49% on account of expanding to newer geographies • Maize Export sales Volumes increased by 129.91% and revenues by 140.52% 8
Slide 10: Forward-Looking Statements
Forward-Looking Statements Certain statements in this document may be forward- looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, technological risks, and many other factors that could
Slide 11: Thank you
Thank you Thank you
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