Kaveri Seed Company Reports Strong Growth Amid Concerns Over Income Sources and Liquidity in December 2024 Results
Kaveri Seed Company reported its financial results for the quarter ending December 2024, highlighting a significant increase in Profit Before Tax at Rs 5.36 crore and net sales of Rs 174.05 crore. However, concerns arise from a high reliance on non-operating income and the lowest cash reserves in recent periods.
Kaveri Seed Company, a player in the Agri-Seeds industry, recently announced its financial results for the quarter ending December 2024. The company reported a notable performance in several key areas, with Profit Before Tax (PBT) reaching Rs 5.36 crore, reflecting a significant year-on-year growth of 202.82%. Additionally, net sales for the quarter stood at Rs 174.05 crore, marking a year-on-year increase of 22.03%. Profit After Tax (PAT) also showed positive momentum, amounting to Rs 15.44 crore, which is a 31.1% rise compared to the previous year.However, there are aspects that raise concerns. A substantial portion of the company's income, 67.94% of PBT, is derived from non-operating sources, indicating a reliance on income from non-business activities. Furthermore, Kaveri Seed Company reported its lowest cash and cash equivalents in the last six half-yearly periods at Rs 7.25 crore, suggesting challenges in short-term liquidity.
In light of these results, Kaveri Seed Company has experienced an adjustment in its evaluation, with its score moving to 2 from -6 over the past three months.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
