VISHWAS
Vishwas Agri Seeds financials
- Market cap
- ₹44 Cr
- Sector
- Fast Moving Consumer Goods
What Vishwas Agri Seeds Limited does
Vishwas Agri Seeds Limited develops and sells crop seeds to Indian farmers, with its flagship and market-leading product line in peanut (groundnut) seed alongside other crop seed varieties. The company breeds hybrid and disease-resistant seed varieties aimed at improving farmer yields, and operates seed processing facilities to prepare seed for sale. It earns through farmer-facing distribution built on agronomic support and repeat business across its core markets.
Segments
- Peanut (groundnut) seed
- Other crop seeds
- Core product segment
- Peanut (groundnut) seed — flagship, market-leading line
- Product portfolio
- Multi-crop seed varieties incl. hybrid & disease-resistant peanut seeds
- Geographic market reach
- Sales across multiple states in India
- R&D capability
- In-house seed R&D for high-yield, climate-resilient hybrid varieties
- Distribution model
- Direct farmer network built on agronomic guidance and repeat business
Quarterly results
Q4 FY26: revenue up 33.3%, net profit down 100.0% against the same quarter last year.
| Line item | Q2 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 42 | 57 | 45 | 57 | 56 +33% |
| EBITDA | 7 | 7 | 7 | 5 | 3 −57% |
| Net profit | 5 | 3 | 4 | 2 | 0 −100% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −28.9% 1Y
1Y: ₹61.85 on 10 Sept 2025 → ₹43.95. High ₹62.85 (11 Sept 2025), low ₹32.05 (19 Mar 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹1 Cr | ₹7 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹2 Cr | ₹4 Cr | ₹7 Cr | ₹36 Cr | ₹42 Cr | ₹42 Cr |
| Borrowings | ₹13 Cr | ₹17 Cr | ₹19 Cr | ₹22 Cr | ₹39 Cr | ₹48 Cr |
| Other liabilities | ₹6 Cr | ₹12 Cr | ₹20 Cr | ₹13 Cr | ₹32 Cr | ₹13 Cr |
| Total liabilities | ₹21 Cr | ₹34 Cr | ₹54 Cr | ₹81 Cr | ₹123 Cr | ₹113 Cr |
| Fixed assets | ₹1 Cr | ₹5 Cr | ₹5 Cr | ₹22 Cr | ₹20 Cr | ₹21 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹10 Cr | ₹0 Cr | ₹2 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹20 Cr | ₹29 Cr | ₹39 Cr | ₹59 Cr | ₹101 Cr | ₹92 Cr |
| Total assets | ₹21 Cr | ₹34 Cr | ₹54 Cr | ₹81 Cr | ₹123 Cr | ₹113 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count shrank 12% to 676.
- Promoters
- 70.2%
- Public
- 29.8%
Since Mar 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 6 quarters
Ownership split by quarter, oldest first. Mar '24: Promoters 70.0%, Public 30.0%.Apr '24: Promoters 70.0%, Public 30.0%.Sep '24: Promoters 70.0%, Public 30.0%.Mar '25: Promoters 70.2%, Public 29.8%.Sep '25: Promoters 70.2%, Public 29.8%.Mar '26: Promoters 70.2%, Public 29.8%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Kalubhai Maganbhai Vekaria +8.50 pp 15.50% held
- Ashokbhai Shibabhai Gajera +8.50 pp 15.50% held
- Maheshbhai Shibabhai Gajera +6.50 pp 13.50% held
- Bharatbhai Shibabhai Gajera +6.50 pp 13.50% held
The same filing shows 6 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Vishwas Agri Seeds Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Kalubhai Maganbhai Vekaria | 15.50% | +8.50 pp |
| Ashokbhai Shibabhai Gajera | 15.50% | +8.50 pp |
| Maheshbhai Shibabhai Gajera | 13.50% | +6.50 pp |
| Bharatbhai Shibabhai Gajera | 13.50% | +6.50 pp |
| Dineshbhai Madhabhai Suvagiya | 2.14% | −5.00 pp |
| Ilaben Pareshbhai Patel | 2.02% | −5.00 pp |
| Rameshbhai Laljibhai Suvagiya | 2.00% | −5.00 pp |
| Babubhai Laljibhai Suvagiya | 2.00% | −5.00 pp |
| Shivlal Veljibhai Bhanderi | 2.00% | −5.00 pp |
| Ketankumar Babubhai Suvagiya | 2.00% | −5.00 pp |
| Atul Agarwal | 2.00% | unchanged |
| Vandana Atul Agarwal | 1.68% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Vishwas Agri Seeds Limited
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