Q1FY27 revenue fell 13.76% YoY to RS. 815 Cr, with PAT at RS. 271.3 Cr. Performance was severely impacted by El Nino and delayed monsoons, affecting maize and cotton sowing windows.
Management struggled to explain a 13.7% revenue drop despite maintaining margins, blaming poor rainfall for severe de-growth in major markets like Karnataka and Madhya Pradesh.
Kaveri Seed Q1FY27 revenues fell 13.78% YoY to ₹815 Cr, impacted by a 40% rainfall deficit affecting maize and rice sowing. Focus remains on new product launches and export growth.
Kaveri Seed delivered 16.25% revenue growth in FY26, driven by non-cotton segments. Focus remains on hybrid rice and maize expansion despite high inventory levels.
Kaveri Seed delivered solid FY26 results with 16.25% revenue growth, driven by non-cotton segments like Maize and Rice, despite Q4 seasonality leading to a net loss.
Kaveri Seed reported FY26 revenue of ₹1,303.77cr (+16.25% YoY). Growth was driven by non-cotton segments (Maize, Rice), while the cotton segment faced headwinds from illegal seed competition and rising production costs.