Dhanlaxmi Crop Science SME IPO Details, Financials, Valuation & Peers

Dhanlaxmi Crop Science Limited, established in 2005, is a technology-driven seeds company specializing in developing, producing, processing, and selling a wide variety of seeds for field crops and vegetables. With over 18 years of expertise in the Indian seed industry, the company integrates traditional breeding techniques with biotechnology to create hybrid and open-pollinated seed varieties that deliver higher yields, superior quality, and enhanced pest and disease tolerance. The company has operations across five states in India and offers a diverse product portfolio, including seeds for cotton, wheat, cumin, bajra, maize, gram, and vegetables like okra and green peas. Cotton seeds account for a significant portion of the company's revenue. The company is supported by robust research and development capabilities, a network of 1,185 authorized dealers, and a modern processing facility in Gujarat with a capacity of 7.3 MT per hour.

Key Points:

• Product Portfolio:
  • Offers seeds for 24 field crops and vegetables, including cotton, wheat, bajra, maize, cumin, okra, green peas, and others.
  • Focus on hybrid and open-pollinated seed varieties that meet diverse agro-climatic conditions in India.
• Market Leadership:
  • Over 18 years of experience in the Indian seed industry.
  • Cotton seeds contribute significantly to the company's revenue, showcasing dominance in this segment.
• Research and Development: Developed a robust germplasm repository and several successful hybrid seed products such as Advance, Agniveer, and Dhanvarsha.
• Operational Capacity:
  • Full-fledged processing facilities in Gujarat with a production capacity of 7.3 MT/hour and storage capacity of 5,000 MT.
  • Access to temperature-controlled facilities for seeds with a short shelf life.
  • Produced 725 MT of raw seeds in 2024.
• Distribution Network:
  • 1,185 authorized dealers/distributors across Gujarat, Rajasthan, Haryana, and Maharashtra.
  • Extensive storage and warehousing capabilities to cater to customer needs efficiently.
• Strategic Focus: Emphasis on diversification with increased sales of vegetable seeds and field crop seeds other than cotton.