Bombay Super Hybrid Seeds Limited Feb-23
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Questions and Answers

What is the primary objective of 'Vision 2025' for Bombay Super Hybrid Seeds Limited?

  • To decrease the number of seed varieties.
  • To discontinue the in-house R&D unit.
  • To reduce the company's distribution network.
  • To launch approximately 40 new seed varieties. (correct)
  • Bombay Super Hybrid Seeds Limited aims to establish 5 new depots across India by 2025.

    False (B)

    Under which regulation of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is the disclosure regarding the Investor/Business Meet made?

  • Regulation 50
  • Regulation 40
  • Regulation 30 (correct)
  • Regulation 20
  • What was the turnover (in crore INR) of Bombay Super Hybrid Seeds Limited in the financial year 2021-22?

    <p>193.80</p> Signup and view all the answers

    Bombay Super Hybrid Seeds Limited was established in 1993.

    <p>False (B)</p> Signup and view all the answers

    Bombay Super Hybrid Seeds Limited's R&D unit is certified by ______ of Ministry of Science and Technology (G.O.I).

    <p>DSIR</p> Signup and view all the answers

    Match the financial years with the corresponding milestones for Bombay Super Hybrid Seeds Limited:

    <p>2015-16 = Company was in development stage and developing its infrastructure. 2016-17 = Major amount was spent for R&amp;D setup. 2017-18 = Company was developing its Product Portfolio.</p> Signup and view all the answers

    What is the target year for Bombay Super Hybrid Seeds Limited to become the number one company in the Agriculture Industry in India?

    <p>2030</p> Signup and view all the answers

    Bombay Super Hybrid Seeds Limited has developed and received government approval/Registration of More than ________ plus Varieties.

    <p>150</p> Signup and view all the answers

    By what percentage did Bombay Super Hybrid Seeds Limited's turnover increase between the financial years 2017-18 and 2021-22?

    <p>More than 125% (A)</p> Signup and view all the answers

    Suppose Bombay Super continues its average percentage growth in turnover from 2017-18 to 2021-22. Approximately, what would the turnover be in 2025-26, assuming continuous, compounding growth? (Closest value)

    <p>Rs. 550 crore (A)</p> Signup and view all the answers

    Match the following elements with their descriptions related to Bombay Super Hybrid Seeds Limited:

    <p>Contract Farming = Company doing contract farming in various states of India, depending on several factors. R&amp;D Team = Developing the varieties, with which farmers will be able to do farming with minimum water and Time Consumption Vision = Expanding network in 28 States and 742 Districts of India. State Seed Licence = Bombay Super is India’s one of fastest growing seed company with Valid State Seed Licence of Major States of the India</p> Signup and view all the answers

    What is the primary focus of Bombay Super Hybrid Seeds Limited's R&D team concerning future seed development?

    <p>Developing varieties that require minimum water and time consumption. (B)</p> Signup and view all the answers

    If the progressive financial highlights continue, what specific infrastructure developments will take place from 2023-2025?

    <p>Not enough information provided to give a definitive answer.</p> Signup and view all the answers

    Which of the following best encapsulates the philosophy of Bombay Super Hybrid Seeds Limited, as inspired by the Bill & Melinda Gates Foundation?

    <p>Investment in agriculture is a potent tool against hunger and poverty. (A)</p> Signup and view all the answers

    Insanely Difficult: Jalpa Doshi's digital signature includes a timestamp with a specific offset from Coordinated Universal Time (UTC). What is this offset, expressed in hours and minutes, and what does it indicate about her geographical location relative to UTC?

    <p>+05:30, indicating a location 5 hours and 30 minutes ahead of UTC</p> Signup and view all the answers

    Approximately how long will it take for the new variety of groundnut to be ready for harvest?

    <p>80 days (B)</p> Signup and view all the answers

    In 2014, Bombay Super Seeds was operating in the organized sector.

    <p>False (B)</p> Signup and view all the answers

    By 2023, in how many states in India does Bombay Super Seeds have a network?

    <p>22</p> Signup and view all the answers

    By 2023, Bombay Super Seeds operated depots in _ states.

    <p>8</p> Signup and view all the answers

    Which of the following initiatives is NOT explicitly mentioned as a goal of the company's research and development team?

    <p>Reducing operational costs (C)</p> Signup and view all the answers

    During which year did Bombay Super Seeds enter the capital market by getting listed on the NSE Emerge Platform?

    <p>2018 (D)</p> Signup and view all the answers

    If Bombay Super Seeds aims to supply its seeds to every corner of India and become a major contributor to the Indian Agriculture Industry, which attribute of their seeds is MOST crucial for achieving this mission?

    <p>Combined effect of sustainable high yield, disease resistance quality, and uniform size (A)</p> Signup and view all the answers

    Insanely difficult: Extrapolating from the growth trajectory between 2014 and 2023, and assuming a linear progression in product offerings, estimate the approximate number of products Bombay Super Seeds might offer by 2026.

    <p>160</p> Signup and view all the answers

    Flashcards

    Regulation 30 of SEBI

    A regulation governing disclosure requirements for listed companies in India.

    Bombay Super Hybrid Seeds Limited

    A seed company established in 1983, specializing in diverse agro-products.

    Contract farming

    A system where farmers grow crops for a company based on agreed terms.

    R&D Team

    Research and Development team focused on creating superior seed varieties.

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    Investment in agriculture

    Allocating resources to agricultural practices to combat hunger and poverty.

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    Vision 2030

    Bombay Super's goal to become No. 1 in the agriculture industry in India by 2030.

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    Diverse agro-climate conditions

    Varieties of climates suitable for different agricultural practices.

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    State Seed Licence

    A certification allowing companies to sell seeds in specific states of India.

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    Distribution Network

    The system of delivering products to various locations.

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    Financial Growth

    Increase in company revenue and profits over time.

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    R&D Unit Certification

    Recognition of the company's in-house research and development by the government.

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    Turnover Increase

    Growth in the total revenue of the company year over year.

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    Net Profit

    The final profit after all expenses are deducted from revenue.

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    Investment Returns

    The profit derived from investments made in the company.

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    Progressive Financial Highlights

    Key milestones showcasing the financial development of the company.

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    New Ground Nut Variety

    A type of ground nut that can be harvested in approximately 80 days.

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    New Green Gram Variety

    A green gram variety that matures and can be harvested in around 80 days.

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    Company Mission

    To supply high yield, disease-resistant seeds across India.

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    Expansion Over Time

    Growth from 20 products in 2014 to over 150 products in 2023.

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    States of Operation

    Coverage expanded from 4 states in 2014 to 22 states by 2023.

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    Depot Establishment

    Distribution depots set up in multiple states for better logistics.

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    Research and Development

    Ongoing efforts to innovate and refine agricultural products.

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    High-tech Seed Processing Unit

    Facility designed for advanced processing of seeds to enhance quality.

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    Study Notes

    Company Information

    • Company name: Bombay Super Hybrid Seeds Limited
    • Address: Plot No. 8,9,10,11, Shreenathji Industrial Estate, Near Kuvadva GIDC, N.H. 27, Kuvadva-360 023, Dist. Rajkot. (Gujarat) INDIA
    • CIN: L01132GJ2014PLC080273
    • Contact information provided
    • Website address given

    Investor/Business Meeting

    • Meeting held on February 26, 2023
    • Presentation of investor/business meet provided
    • Compliant with SEBI regulations (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 30
    • Copy of presentation enclosed for records

    Company Secretary & Compliance Officer

    • Jalpa Doshi is the Company Secretary & Compliance Officer
    • Contact details provided

    Vision

    • To become the number one agriculture company in India by 2030
    • Developing new varieties of crops with high yield and less time to maturity
    • Focusing on high-quality products

    Mission

    • Having a network across more than 22 Indian states
    • Committed to providing high-yield, disease resistance, and uniform seeds
    • Aiming to be a leading contributor to the Indian agriculture industry

    Financial Highlights

    • Significant growth in turnover over the past five years
    • Turnover increased from Rs.82.30 crore in 2017-18 to Rs.193.80 crore in 2021-22, an increase of over 125%
    • Net profit reached Rs. 10.55 crore in 2021-22

    R&D Activity

    • Extensive R&D efforts are being undertaken
    • Development and improvement of existing product lines
    • Creation of new products
    • Focus on diverse climatic conditions across India

    Company Journey

    • Started as an unorganised sector business in 2014
    • Became a private limited company
    • Initially in 4 states, then expanded to 8 in 2018, and to 14+ states in 2020 and 22 states in 2023
    • Number of products have increased from 20 in 2014 to 120+ in 2020 to 150+ as of 2023

    High-tech Seed Processing Unit

    • The company has a state-of-the-art seed processing unit
    • Modern technology used for processing and storage of seeds

    Further Information

    • Mention is made of a presentation by the company
    • Contact information is included in the documents
    • Registered office location details are provided
    • Company is listed on the NSE Emerge platform

    Cautionary Statement

    • Forward-looking statements are provided
    • Statements are based on current expectations and beliefs; subject to uncertainties and changes in circumstances

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    Description

    Quiz about Bombay Super Hybrid Seeds Limited's history, objectives, and financial performance. Covers milestones, regulations, and R&D. Includes questions about 'Vision 2025' and turnover in 2021-22.

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