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Indo US Bio-Tech Ltd

INDOUS
BSE
103.18
1.92%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Indo US Bio-Tech Ltd

INDOUS
BSE
103.18
1.92%
29 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
207Cr
Close
Close Price
103.18
Industry
Industry
Seeds/Tissue Culture/Bio Technology
PE
Price To Earnings
13.91
PS
Price To Sales
1.76
Revenue
Revenue
118Cr
Rev Gr TTM
Revenue Growth TTM
36.63%
PAT Gr TTM
PAT Growth TTM
13.21%
Peer Comparison
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INDOUS
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
181916221625222433313123
Growth YoY
Revenue Growth YoY%
33.115.042.6-12.929.140.26.6111.724.539.1-3.2
Expenses
ExpensesCr
151613181521171829252719
Operating Profit
Operating ProfitCr
333414565544
OPM
OPM%
17.115.616.419.26.214.923.123.513.717.813.518.2
Other Income
Other IncomeCr
000000000000
Interest Expense
Interest ExpenseCr
000000100001
Depreciation
DepreciationCr
000000001000
PBT
PBTCr
322413454543
Tax
TaxCr
000000000000
PAT
PATCr
322413454533
Growth YoY
PAT Growth YoY%
31.728.5168.6-81.233.8161.137.2607.748.3-20.9-40.6
NPM
NPM%
15.312.410.616.63.312.819.721.411.015.311.213.2
EPS
EPS
1.01.20.81.80.31.62.22.51.92.41.71.5

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2014Mar 2015Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
15202529354040506273104118
Growth
Revenue Growth%
31.619.920.212.50.824.923.418.042.613.4
Expenses
ExpensesCr
151923273236354352628599
Operating Profit
Operating ProfitCr
001334679111918
OPM
OPM%
0.70.95.19.29.79.913.813.815.214.818.215.6
Other Income
Other IncomeCr
000000000000
Interest Expense
Interest ExpenseCr
001101111212
Depreciation
DepreciationCr
000000001111
PBT
PBTCr
00123345791715
Tax
TaxCr
000110-100101
PAT
PATCr
00012355781615
Growth
PAT Growth%
146.3265.844.121.4101.12.738.313.897.4-8.8
NPM
NPM%
0.81.51.64.95.96.412.710.511.711.315.712.6
EPS
EPS
0.00.02.74.21.51.73.52.93.84.18.17.4

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2014Mar 2015Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
1113566910202020
Reserves
ReservesCr
1122910153044435867
Current Liabilities
Current LiabilitiesCr
23910917181212191629
Non Current Liabilities
Non Current LiabilitiesCr
220212443331
Total Liabilities
Total LiabilitiesCr
67131724354456698498117
Current Assets
Current AssetsCr
55111521323847607387107
Non Current Assets
Non Current AssetsCr
1222336910111110
Total Assets
Total AssetsCr
67131724354456698498117

Cash Flow

Consolidated
Standalone
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
-1-3-103121
Investing Cash Flow
Investing Cash FlowCr
0-3-1-2-5-7-3-1
Financing Cash Flow
Financing Cash FlowCr
1621261-1
Net Cash Flow
Net Cash FlowCr
0000001-1
Free Cash Flow
Free Cash FlowCr
-1-4-1-2-1-101
CFO To PAT
CFO To PAT%
-60.9-151.8-33.34.455.57.327.08.7
CFO To EBITDA
CFO To EBITDA%
-32.5-92.3-21.44.142.05.620.67.5

Ratios

Consolidated
Standalone
Financial YearMar 2014Mar 2015Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
000051312062213445295
Price To Earnings
Price To Earnings
0.00.00.00.024.412.33.911.829.454.018.2
Price To Sales
Price To Sales
0.00.00.00.01.40.80.51.23.56.12.8
Price To Book
Price To Book
0.00.00.00.03.71.90.91.63.97.13.8
EV To EBITDA
EV To EBITDA
15.00.03.92.316.49.85.610.723.942.516.4
Profitability Ratios
Profitability Ratios
GPM
GPM%
19.515.617.121.437.288.899.7118.096.5126.998.4
OPM
OPM%
0.70.95.19.29.79.913.813.815.214.818.2
NPM
NPM%
0.81.51.64.95.96.412.710.511.711.315.7
ROCE
ROCE%
9.010.813.924.716.515.316.013.013.013.419.3
ROE
ROE%
5.510.611.329.315.015.423.713.513.313.120.7
ROA
ROA%
2.24.33.28.48.87.311.79.410.49.816.6
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** **Indo US Bio-Tech Limited**, headquartered in Ahmedabad, Gujarat, is a leading Indian seed company incorporated on **February 4, 2004**. The company has evolved into a vertically integrated player in the agricultural sector, specializing in the **research, development, production, marketing, and sale of high-quality hybrid and improved seed varieties**. Over the past two decades, it has established itself as a key contributor to enhancing agricultural productivity and food security in India. The company is **publicly listed on the BSE** and holds **DSIR (Department of Scientific & Industrial Research)** recognition for its in-house R&D center, underscoring its commitment to scientific innovation in agriculture. --- ### **Core Business Segments** - **Primary Segment**: Agricultural Activities – Seed Production - **Secondary Segment (as of 2021)**: Trading Activities *(Note: Post-2021 developments emphasize focus on seed production, suggesting possible streamlining of operations.)* --- ### **Product Portfolio** Indo US Bio-Tech offers a **diversified range of seeds** across multiple crop categories: - **Vegetables**: Tomato, brinjal, okra, onion, cucumber, bottle gourd, chili, capsicum, sponge gourd, bitter gourd - **Cereals**: Rice (paddy), wheat, maize, bajra (pearl millet) - **Pulses**: Gram (chickpea), others - **Oilseeds**: Groundnut, mustard, sesame, soybean - **Spices**: Cumin, coriander - **Cotton** This broad portfolio allows the company to serve as a **one-stop solution for farmers**, enhancing customer retention and cross-selling opportunities. --- ### **Research & Development (R&D)** The company is strongly driven by innovation and maintains a **robust in-house R&D infrastructure**, recognized by DSIR. Key highlights include: - **R&D Facilities**: - Research farm in **Bardoli Kanthi, Gandhinagar, Gujarat** - **Biotechnology laboratories** including Plant Molecular Biology Lab, tissue culture facility, and genetic transformation labs - Development of a **transgenic greenhouse** compliant with DBT biosafety guidelines - **Seed Quality Control Laboratory** – Gujarat’s first private seed lab and India’s **second-largest seed testing lab** - **R&D Focus Areas**: - Development of **high-yielding, disease-resistant, pest-resistant, and climate-resilient** seed varieties - Use of **molecular breeding, marker-assisted selection (MAS), hybridization, and transgenic technologies** - Research on Bt crops: **Bt rice, Bt brinjal, Bt okra** (for borer resistance) - Development of viral resistance in **okra (yellow vein mosaic), cassava (mosaic), and cotton (leaf curl virus)** - DNA fingerprinting, germplasm characterization, and seed purity testing via PCR-based assays - **Upcoming Infrastructure (as of 2024–2025)**: - Construction of a new **1,050 sq. ft. biotech laboratory** equipped with: - PCR machines, DNA sequencing, electrophoresis, freeze-dryers - Facilities for germplasm conservation, insect bioassay, and documentation - The new facility will support **biotech-driven crop improvement**, integrating **bioinformatics with traditional breeding** - **Notable R&D Milestone**: - In 2017, introduced a **high-yielding, disease-resistant chili variety** after 9 years of research and an investment of ₹60.25 lakh. - Led by scientists: Mr. Rishi Sachan, Mr. Raghunath Kushwah, Mr. Pratik Ranoliya, and Mr. Nathubhai Jogal --- ### **Key Collaborations & MOUs (2024–2025)** Indo US Bio-Tech has strategically partnered with **premier Indian agricultural research institutions** to co-develop and commercialize high-performing seed hybrids: | Partner | Collaboration Focus | Product/Outcome | |--------|----------------------|------------------| | **Navsari Agricultural University (NAU)** | Production & distribution of rice hybrid | **GRH-2** – high-yielding, stress-resilient rice | | **Indian Agricultural Research Institute (IARI)** | Production & marketing of maize variety | High-quality maize hybrid with enhanced yield | | **Maharana Pratap University of Agriculture & Tech (MPUAT)** | Co-production of maize hybrid | **Pratap Hybrid Maize-3** – high-yield, resilient | | **Directorate of Onion and Garlic Research (DOGR)** | Production of onion varieties | **Bhima Super & Bhima Red** – superior yield and quality | | **National Horticultural Research & Development Foundation (NHRDF)** | Supply of vegetable seeds | Enhanced access to quality vegetable seeds for farmers | These collaborations leverage public-sector research excellence to scale production and improve market reach. --- ### **Seed Processing & Infrastructure** Indo US Bio-Tech operates **state-of-the-art processing, storage, and packaging facilities** in Gujarat, with supplementary custom units across multiple states: - **Seed Processing**: - Equipped with **grading, sorting, gravity separation, coating, and automatic packing machines** - Ensures high **purity, germination rate, and phytosanitary standards** - **Packaging**: - Modern **automated pouch filling and sealing systems** for hygienic, efficient packaging - **Storage & Cold Chain**: - **Controlled temperature and humidity cold storage** (planned 24,500 sq. ft., 2,000-tonne capacity) - Existing storage godown: **18,000 sq. ft., 1,500-tonne capacity** - Supports seasonal and bulk storage needs - **Proposed Expansion (2022–2025)**: - Two new seed processing plants with combined capacity of **8,000 kg/hour** - Focus on post-harvest management and supply chain resilience --- ### **Market Presence & Distribution Network** - **Domestic Reach**: - Extensive marketing network across **12+ major agricultural states**, including: Gujarat, Maharashtra, Madhya Pradesh, Rajasthan, Uttar Pradesh, Karnataka, Punjab, Haryana, Bihar, Chhattisgarh, Jharkhand, Himachal Pradesh - Over **2,500 distributors and dealers** - Supply contracts with **MP, Chhattisgarh, and NAFED** - Marketing alliance with **Gujarat State Cooperative Marketing Federation (Gujcomasol)** – the largest agro-cooperative in Gujarat - **International Exports**: - Supplies to **USA, Sri Lanka, Palestine, Cameroon, Kuwait, Mauritius, Oman, Myanmar, Iran, Thailand, Nicaragua, Germany, and select European countries** - Channels: Direct exports and merchant exports --- ### **Farmer Engagement & Sustainability Initiatives** - Conducts **field demonstrations and provides cultivation guidance** to promote adoption of improved varieties - Implements **contract farming agreements** with attractive incentive schemes to ensure stable supply and farmer support - Participates in **Rashtriya Krishi Vikas Yojana (RKVY)** in Gujarat for multiple years - Focus on **sustainable agriculture** through high-efficiency, low-input seed solutions --- ### **Brand & Market Positioning** - Strong brand equity built on **reliable performance and timely delivery** - Flagship cotton seed varieties: - **Indo US 955** (launched 2010) - **Indo US 927** (launched 2011) - Both continue to hold **significant market share** - Products suitable for **diverse agro-climatic and stress conditions**, increasing cultivable acreage potential --- ### **Strategic Strengths** 1. **Vertical Integration**: Complete control from R&D to production and distribution 2. **DSIR-recognized R&D center** with modern biotech infrastructure 3. **Large germplasm collection** – one of the most extensive in India 4. **Strategic academic and institutional partnerships** 5. **Strong domestic distribution and proven export capability** 6. **Government supply contracts and cooperative alliances** --- ### **Challenges & Considerations** - **Weather dependency** affecting crop yields and seed production - **Higher cost of hybrid seeds** compared to open-pollinated varieties - **Limited intellectual property protection** for certain products - **Long development cycles** for new seed varieties (e.g., 9 years for chili)