Kaveri Seed Company Ltd. benchmarking: Perfomance to industry peers

Financial

	Kaveri Seed	Bombay Super Hybrid	Nath Bio-Genes
Operational Metrics
Agriculture
Realization/Packet - Hybrid Rice Seeds	0.24 Rs/Packet	n/a	n/a
Annualized Sales Volume - Cotton Seeds	0.62 Million Pkts	n/a	n/a
Realization/Packet - Cotton Seeds	869.03 Rs/Pkt	n/a	n/a
Realization/Tonne - Maize Seeds	241936.51 Rs/MT	n/a	n/a
Annualized Volume - Non Cotton Seeds	30800.92 Tonnes	n/a	n/a
FMCG
Realization per Packet - Vegetable Seeds	1.22 Rs/Packet	n/a	n/a
Unclassified
Advertisement Spend as a % of Total Sales	3.93 %	n/a	n/a
Financials
5 yr Average ROE	20.89 %	26.01 %	5.32 %
5yr average Equity Multiplier	1.63	2.31	1.7
5yr Average Asset Turnover Ratio	0.51	1.85	0.47
5yr Avg Net Profit Margin	25.32 %	6.45 %	3.69 %
Price to Book	3.54	12.39	0.51
P/E	16.69	47.06	7.67
5yr Avg Cash Conversion Cycle	19.58 Days	159.86 Days	624.86 Days
Inventory Days	254.03 Days	137.87 Days	233.68 Days
Days Receivable	30.94 Days	8.53 Days	91.63 Days
Days Payable	232.8 Days	23.15 Days	-735.53 Days
5yr Average Interest Coverage Ratio	1357.22	6.21	2.84
5yr Avg ROCE	20.69 %	31.89 %	11.39 %
5yr Avg Operating Profit Margin	24.3 %	8.35 %	14.56 %
5 yr average Debt to Equity	0.0	0.9	0.21
5yr CAGR Net Profit	-1.95 %	35.41 %	26.86 %
5yr Average Return on Assets	12.85 %	11.39 %	2.21 %
Shareholdings
Promoter Holding	60.5 %	73.85 %	45.6 %
Share Pledged by Promoters	0.0	0.0	13.78 %
Change in Promoter Holding (3 Yrs)	3.06 %	0.58 %	0.0
Change in Mutual Fund Holding (3 Yrs)	1.59 %	0.0	-3.86 %

	Kaveri Seed	Bombay Super Hybrid	Nath Bio-Genes
Product Wise Break-Up	Product Wise Break-Up Seed 96.37 Micronutrients 3.63 Vegetables 0 Vegetable Seeds 0 Plant Nutrient Suplement 0 Foundation Seeds 0 Commercial Seeds 0	Product Wise Break-Up Micronutrients 0 Vegetables 0 Vegetable Seeds 0 Commercial Seeds 0 Seed 0 Plant Nutrient Suplement 0 Foundation Seeds 0 Others 100	Product Wise Break-Up Micronutrients 0 Vegetables 0 Vegetable Seeds 2.45 Commercial Seeds 86.98 Seed 0 Plant Nutrients 10.05 Foundation Seeds 0 Others 0.52
Location Wise Break-Up	Location Wise Break-Up India 100.0 Domestic 0 Rest of the World 0	Location Wise Break-Up India 100.0 India 0 Rest of the World 0	Location Wise Break-Up Domestic 0 India 98.75 Rest of the World 1.25
Capex	Capex Seeds 89.04 Micronutrients 10.96 Vegetables 0	-	-
Crop Wise Break-Up	Crop Wise Break-Up Others 100	-	-
Net Profit Break-Up	Net Profit Break-Up Seed 97.3 Others 2.7	-	-
Asset Break-Up	Asset Break-Up Seeds 97.02 Micronutrients 2.98 Vegetables 0	-	-