Thread by @SocInvestApp

Kaveri Seeds is one of the leading hybrid seed manufacturers focusing on key Indian crops.
Kaveri Seeds might just be following the three-act pattern (most filmy stories have it).
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In the 5-year period between FY10-15, the company’s revenue grew by 47% CAGR, EBITDA by 54% CAGR and PAT by 60% CAGR. Phew! Those are staggering numbers.

And then came FY16. Revenues fell by 36%, EBITDA by 38% and PAT by 43%.
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Till date the company has not managed to achieve the highs of FY15, and growth has been average. Between FY16-21, the company delivered a 7% revenue CAGR, 10% EBITDA CAGR and 13% PAT CAGR.
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As a result, the stock price fell from ~INR 1,050 in Mar 2015 to INR 300 in Jan 2016. In Dec 2011, it was ~INR 90. This share price roller coaster highlights the challenges of investing in a cyclical business like agri-inputs.
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Is it coming back? Read stock analysis by our expert contributor:

socinvest.app/post/kaveri-se…
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#investing #StockToWatch #agriculture #kaveriseeds

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