---
title: "Vishwas Agri Seeds Ltd (VISHWAS) — Share Price, Financials & Analysis"
symbol: "VISHWAS"
company: "Vishwas Agri Seeds Ltd"
canonical: "https://tapetide.com/stocks/VISHWAS"
isin: "INE0S2E01016"
nse_symbol: "VISHWAS"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
market_cap_cr: 43.95
generated_at: "2026-09-13T19:21:31.667Z"
---

# Vishwas Agri Seeds Ltd (VISHWAS)

Canonical page: https://tapetide.com/stocks/VISHWAS

## Company

- **NSE Symbol:** VISHWAS
- **ISIN:** INE0S2E01016
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2024-04-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vishwasagriseeds.com

## About

Incorporated in 2013, Vishwas Agri Seeds Ltd manufactures and trades all types of agro-seeds[1]

## Latest Price

- **Price:** ₹43.95
- **Change:** 0 (0%)
- **Open:** ₹43.95
- **Day High:** ₹43.95
- **Day Low:** ₹43.95
- **Previous Close:** ₹43.95
- **Volume:** 0
- **As Of:** 2026-09-11T10:01:12+00:00

## Key Fundamentals

Observed at 2026-09-11T04:38:58.176269Z.

- **Market Cap:** ₹43.95 Cr
- **Classification:** SME
- **P/E (reported):** 20.5
- **Book Value:** ₹51.93
- **Price to Book:** 0.85
- **Dividend Yield:** 0%
- **ROE:** 13.47%
- **ROCE:** 21.19%
- **Debt to Equity:** 0.92
- **Revenue (yearly):** ₹113.58 Cr
- **Net Income:** ₹2.13 Cr
- **EBITDA:** ₹8.6 Cr
- **52-Week High:** ₹62.85
- **52-Week Low:** ₹32.05
- **RSI (14):** 48.2

## Tapetide Score

- **Score:** 46 / 100
- **Score date:** 2026-07-27
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Flat
- **Percentile:** 34 (of 4309 scored stocks)
- **Confidence:** 92%
- **Data coverage:** 83%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 19.26 | 15% |
| growth | 47.98 | 15% |
| momentum | 56.99 | 15% |
| ownership | 50 | 10% |
| quality | 69.62 | 25% |
| valuation | 40.61 | 20% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.85 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 11.1% over last 3 years.
- Company has high debtors of 155 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 50.7% | -404.14% | — |
| ebitda margin growth | -47.28% | -51.42% | 9.42% |
| net income growth | -68.21% | -27% | 13% |
| revenue growth | 9.95% | 22% | 16% |
| roce | 23.85% | -36% | 28.62% |
| roe | 3.46% | 21.39% | -76.74% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 42 | 57 | 45 | 57 | 56 |
| Expenses | 35 | 51 | 38 | 52 | 53 |
| Operating Profit | 7 | 7 | 7 | 5 | 3 |
| OPM % | 17 | 11 | 16 | 10 | 6 |
| Other Income | 0 | 0 | 1 | 0 | 0 |
| Interest | 1 | 2 | 2 | 2 | 2 |
| Depreciation | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 6 | 4 | 5 | 3 | 0 |
| Tax % | 25 | 23 | 24 | 25 | 45 |
| Net Profit | 5 | 3 | 4 | 2 | 0 |
| EPS in Rs | 6.44 | 2.9 | 3.8 | 1.9 | 0.24 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 54 | 65 | 63 | 75 | 102 | 114 |
| Expenses | 51 | 60 | 54 | 63 | 88 | 105 |
| Operating Profit | 2 | 4 | 8 | 12 | 14 | 9 |
| OPM % | 4.3 | 7 | 13 | 16 | 14 | 8 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 0 |
| Interest | 1 | 1 | 1 | 2 | 4 | 4 |
| Depreciation | 0 | 0 | 0 | 1 | 2 | 2 |
| Profit before tax | 2 | 3 | 7 | 8 | 9 | 3 |
| Tax % | 28 | 25 | 25 | 25 | 24 | 28 |
| Net Profit | 1 | 2 | 5 | 6 | 7 | 2 |
| EPS in Rs | 23.2 | 31 | 7.74 | 6.01 | 6.71 | 2.14 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.5 | 0.8 | 7 | 10 | 10 | 10 |
| Reserves | 2 | 4 | 7 | 36 | 40 | 42 |
| Borrowings | 13 | 17 | 19 | 22 | 42 | 48 |
| Other Liabilities | 6 | 12 | 20 | 13 | 14 | 13 |
| Total Liabilities | 21 | 34 | 54 | 81 | 106 | 113 |
| Fixed Assets | 1 | 5 | 5 | 22 | 21 | 21 |
| CWIP | 0 | 0 | 10 | 0 | 2 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 20 | 29 | 39 | 59 | 84 | 92 |
| Total Assets | 21 | 34 | 54 | 81 | 106 | 113 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 1 | 3 | -18 | -9 | -7 |
| Cash from Investing Activity | 0 | -4 | -10 | -9 | 1 | 0 |
| Cash from Financing Activity | 0 | 3 | 8 | 27 | 13 | 2 |
| Net Cash Flow | 0 | 0 | 1 | 0 | 5 | -5 |
| Free Cash Flow | 0 | -3 | -7 | -26 | -11 | -8 |
| CFO/OP | 9 | 28 | 47 | -140 | -55 | -74 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 52 | 60 | 114 | 123 | 150 | 155 |
| Inventory Days | 106 | 129 | 103 | 159 | 146 | 150 |
| Days Payable | 50 | 78 | 107 | 42 | 29 | 39 |
| Cash Conversion Cycle | 108 | 111 | 109 | 240 | 268 | 265 |
| Working Capital Days | 35 | 45 | 50 | 168 | 105 | 126 |
| ROCE % | — | 24 | 29 | 21 | 15 | 7 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 70% | 70% | 70.16% | 70.16% | 70.16% |
| FIIs | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 25.52% | 26.37% | 26.24% | 26.51% | 26.29% |
| Others | 4.48% | 3.63% | 3.6% | 3.33% | 3.55% |
| No. of Shareholders | 10 | 798 | 771 | 716 | 676 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 6 / 7

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 41.38 | Buy |
| EMA (10) | 42.68 | Buy |
| SMA (20) | 43.76 | Buy |
| EMA (20) | 43.88 | Buy |
| SMA (50) | 48.39 | Sell |
| EMA (50) | 45.36 | Sell |
| SMA (100) | 43.64 | Buy |
| EMA (100) | 45.92 | Sell |
| SMA (200) | 48.87 | Sell |
| EMA (200) | 49.64 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.2 | Neutral |
| MACD (12,26,9) | -1.65 | Buy |
| Stochastic (14,3,3) | 72.03 | Neutral |
| ADX (14) | 24.69 | Neutral |
| Williams %R (14) | -22.61 | Neutral |
| ATR (14) | 1.95 | High Volatility |
| ROC (12) | -0.11 | Sell |
| Stoch RSI (14) | 97.07 | Sell |
| UO (7,14,28) | 68.7 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jun - 2,00,000 shares transferred inter-se among promoters on 22/04/2026; Kalubhai Vekariya holding rises to 70%. | [Disclosure under SEBI Takeover Regulations 9 Jun - 2,00,000 shares transferred inter-se among promoters on 22/04/2026; Kalubhai Vekariya holding rises to 70%.](https://nsearchives.nseindia.com/corporate/team_bbodade_22042026183453_VISHWAS1.pdf) |
| 8 Sep - AGM notice published; 14th AGM on 30 September 2026 via VC/OAVM. | [Copy of Newspaper Publication 8 Sep - AGM notice published; 14th AGM on 30 September 2026 via VC/OAVM.](https://nsearchives.nseindia.com/corporate/VISHWAS_08092026130607_Advertisment_Vishwas_AGM_Signed.pdf) |
| 8 May 2026 - May 8, 2026: Vishwas Agri Seeds clarifies share price movement, citing no undisclosed material information. | [Updates 8 May 2026 - May 8, 2026: Vishwas Agri Seeds clarifies share price movement, citing no undisclosed material information.](https://nsearchives.nseindia.com/corporate/VISHWAS_08052026105712_Clarification_Regarding_Movement_in_Price.pdf) |
| 7 Sep - Vishwas Agri Seeds AGM scheduled for 30 September 2026; record date fixed on 24 September 2026. | [Record Date 7 Sep - Vishwas Agri Seeds AGM scheduled for 30 September 2026; record date fixed on 24 September 2026.](https://nsearchives.nseindia.com/corporate/VISHWAS_07092026152713_Cut-off_Date_Intimation_Signed.pdf) |
| 7 Sep - Book closure from 21 Sep 2026 to 30 Sep 2026 for 14th AGM; voting cutoff 24 Sep 2026. | [Updates 7 Sep - Book closure from 21 Sep 2026 to 30 Sep 2026 for 14th AGM; voting cutoff 24 Sep 2026.](https://nsearchives.nseindia.com/corporate/VISHWAS_07092026153532_Book_Closure_Signed.pdf) |
| 7 Sep - 14th AGM on 30 Sep 2026; shareholders to approve two related-party transactions up to Rs100 crore each. | [Shareholders meeting 7 Sep - 14th AGM on 30 Sep 2026; shareholders to approve two related-party transactions up to Rs100 crore each.](https://nsearchives.nseindia.com/corporate/VISHWAS_07092026155702_AGM_Intimation_SIGNED.pdf) |
| 7 May 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 7 May 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=VISHWAS&tabIndex=sme) |
| 5 Sep - Board approved FY26 director’s report, AGM notice, book closure, and appointed scrutinizer on 5 September 2026. | [Outcome of Board Meeting 5 Sep - Board approved FY26 director’s report, AGM notice, book closure, and appointed scrutinizer on 5 September 2026.](https://nsearchives.nseindia.com/corporate/VISHWAS_05092026153833_Outcome_signed.pdf) |
| 5 Jun - Promoter inter-se transfer of 4 lakh shares to Bharatbhai Gajera; holding rose to 70%. | [Disclosure under SEBI Takeover Regulations 5 Jun - Promoter inter-se transfer of 4 lakh shares to Bharatbhai Gajera; holding rose to 70%.](https://nsearchives.nseindia.com/corporate/team_bbodade_22042026184301_VISHWAS291.pdf) |
| 5 Jun - Maheshbhai Shibabhai Gajera acquired 4 lakh shares inter-se; promoter holding rose to 70% on 22/04/2026. | [Disclosure under SEBI Takeover Regulations 5 Jun - Maheshbhai Shibabhai Gajera acquired 4 lakh shares inter-se; promoter holding rose to 70% on 22/04/2026.](https://nsearchives.nseindia.com/corporate/team_bbodade_22042026181916_VISHWAS2912.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31718_VISHWAS_2025_2026_A_3753919_07092026174608.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28792_VISHWAS_2024_2025_A_3930081_06092025174957.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26123_VISHWAS_2023_2024_07092024122529.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:21:31.667Z.