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Spreading its Jadoo

With over 15,000 distributors in 15 states, Kaveri Seeds has cornered a good share of the hybrid cotton market, bajra market & hybrid rice market

We recommended Kaveri Seeds in May 2013 because this small hybrid seeds company has over the years carved a space for itself in the domestic hybrid market. With over 15,000 distributors in 15 states across the country, Kaveri has cornered 20 per cent of the hybrid cotton market, 13 per cent of the bajra market and 9 per cent of the hybrid rice market.

Kaveri has one of the largest collection of crop germplasm in the country, with draught and disease-resistant varieties in cotton, corn, rice, jowar, bajra as well as in vegetables like tomato, okra and gourds.

Outlook
Kaveri's biggest opportunity is the increased usage of rice hybrid seeds in the country. Rice is one of the largest produced food grains in the country, with an estimated 42 million hectares under rice production. Of this, hybrid rice is produced in only around 2 million hectares.

Revenue and earnings per share grew by 52 per cent and 53 per cent annually, respectively, in the last five years. Revenue and earnings per share grew by 62 per cent and 70 per cent annually, respectively, in the last three years. Buy.

Gain of 208 per cent at market price of ₹777. Recommended in May 2013 at ₹251.