Kaveri Seed Co. Ltd. · NSE:KSCL
Kaveri Seed — Q1 FY2024 Earnings Presentation
13 slides from Kaveri Seed's earnings presentation, Aug 16, 2023
Slide 1: Kaveri Seed Company Limited filing cover letter
keveni seed compeny limiEed koveri seeds' 16th August 2023 Bombay Stock Exchange Ltd., National Stock Exchange of India Ltd. 1't Floor New Trading Ring Exchange Plaza, 5rh Fl(x)r, Rotimda Building Plot No.C/1, G Block, P.J-Towers, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E) MUMBAI - 400 001
Slide 2: Q1 FY24 Investor Update
Q1 FY24 Investor Update Q3 FY22 Investor Update Kaveri Seed Company Ltd. Kaveri Seeds NSE: KSCL BSE:Ltd. (BSE: NSE: ) 532899
Slide 3: Key Operational Highlights
Key Operational Highlights ► The profit for the quarter has surpassed the profits delivered during the full year FY23. This has resulted in growth of 15.69% in EPS to Rs.49.10 per share ► The delay in monsoon has impacted volumes and sales of maize during the quarter. We are expecting that there wou
Slide 4: Core Crop Portfolio
Core Crop Portfolio Diversified seed production agricultural platform Rice Maize Cotton Bajra Vegetables Sun flower 3
Slide 5: Crop Market Sizes
Crop Market Sizes 69.36 lakh hectares 237.58 lakh hectares 60.60lakh 68.67 lakhhectares hectares ► Rice ► Bajra ► Maize ► Hybrid rice is just 9% at 4 ► Strong product pipe line of Kaveri Seed ► Low yielding situation calls for adoption of hybrid million hectares to make the Co. winner in this segmen
Slide 6: Financials
Q1 FY24 Results update Financials
Slide 7: Consolidated Financial highlights
Consolidated Financial highlights (Rs in Crore) Particulars Q1FY24 Q1FY23 Growth (%) Revenue from Operations 736.10 685.59 7.37% EBITDA 289.49 254.09 13.93% EBITDA Margin (%) 39.33 37.06 227 basis PAT 275.62 244.60 12.68% PAT Margin (%) 37.44 35.68 176 basis EPS 49.10 42.44 15.69% Cash on books 741
Slide 8: Standalone Financial highlights
Standalone Financial highlights (Rs in Crore) Particulars Q1FY24 Q1FY23 Growth (%) Revenue from Operations 767.30 731.95 4.84% EBITDA 279.09 248.05 12.51% EBITDA Margin (%) 36.37 33.89 248 basis PAT 267.84 240.67 11.29% PAT Margin (%) 34.91 32.88 203 basis Cash on books 741 559 7
Slide 9: Standalone revenue growth for Q1FY24
Standalone revenue growth for Q1FY24 (Rs. in Crore) Particulars Revenues Growth Q1FY24 Q1FY23 Non Cotton 418.75 412.13 1.61% Cotton 348.54 319.82 8.98% Particulars Revenues Growth Q1FY24 Q1FY23 Hybrid Rice 181.19 165.15 9.71% Selection Rice 110.80 90.73 22.13% Maize 87.11 42.71 (8.80)% Vegetables 18
Slide 10: Key Operational Highlights
Key Operational Highlights ► Cotton volumes were stable & revenue increased by 8.98% ► Bajra Volumes & revenue were stable in Q1FY23. • The Contribution of new products was up from 51.59% to 67.67% of volumes in Bajra ► Hybrid Rice Volumes were stable but due to commodity prices revenue increased by
Slide 11: Key Highlights
Key Highlights ► Vegetable seed volumes had decreased, due to decline in commodity prices and revenue was stable as compare to last year Q1FY23 • Vegetable Crops like Bitter Gourd, Tomato, Okra & Watermelon had done well during the quarter • Bihar, Chhattisgarh, West Bengal, Odisha, Rajasthan & Tela
Slide 12: 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 13: Thank you
Thank you Thank you
Kaveri Seed Company — Q1 FY2024 Earnings Presentation on 6ix