Upsurge Seeds of Agriculture (USASEEDS)₹89.00−0.45%Other Agricultural Products
In the Mar 2026 quarter (standalone), Upsurge Seeds of Agriculture reported sales of ₹63.97 Cr, down 25.6% from Mar 2025, and net profit of ₹4.99 Cr, down 17.0% year on year. For the year to Mar 2026, sales were ₹110 Cr and net profit ₹6.99 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 52.92 | 72.98 | 59.92 | 50.93 | 85.98 | 46.96 | 63.97 |
| Expenses | 46.18 | 68.31 | 51.20 | 45.21 | 77.33 | 41.17 | 55.18 |
| Operating Profit | 7.01 | 5.01 | 9.02 | 6.01 | 9.01 | 6.01 | 8.02 |
| OPM % | 13.0% | 7.0% | 14.0% | 12.0% | 10.0% | 13.0% | 13.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.99 | 1.99 | 2.99 | 1.99 | 1.99 | 1.99 | 1.99 |
| Depreciation | 1.01 | 0.00 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 |
| Profit before tax | 5.01 | 3.01 | 5.01 | 2.99 | 5.99 | 3.01 | 4.99 |
| Tax % | 6.0% | 6.0% | 0.0% | 8.0% | 3.0% | 8.0% | 4.0% |
| Net Profit | 4.99 | 3.01 | 4.99 | 3.01 | 6.01 | 3.01 | 4.99 |
| EPS (Rs) | 4.58 | 2.66 | 4.91 | 2.57 | 5.87 | 2.52 | 4.91 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 7.99 | 17.98 | 62.94 | 75.91 | 82.88 | 133 | 137 | 110 |
| Expenses | 7.02 | 17.07 | 61.21 | 70.27 | 75.29 | 119 | 123 | 96.31 |
| Operating Profit | 0.00 | 1.01 | 2.01 | 6.01 | 8.02 | 13.03 | 15.02 | 14.03 |
| OPM % | 5.0% | 3.6% | 2.6% | 7.0% | 10.0% | 10.0% | 11.0% | 13.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.99 | 1.99 | 3.99 | 3.99 | 3.99 |
| Depreciation | 0.00 | 0.00 | 1.01 | 1.01 | 1.01 | 2.01 | 2.01 | 2.01 |
| Profit before tax | 0.00 | 0.00 | 0.99 | 3.99 | 5.01 | 8.01 | 8.99 | 7.99 |
| Tax % | 25.0% | 23.9% | 21.0% | 7.0% | 8.0% | 7.0% | 4.0% | 5.0% |
| Exceptional items | 0.00 | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.00 | 0.00 | 1.01 | 4.01 | 4.99 | 6.99 | 8.01 | 6.99 |
| EPS (Rs) | 3.15 | 3.15 | 3.05 | 5.37 | 4.72 | 7.21 | 8.44 | 7.44 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.51 | 0.51 | 2.01 | 5.01 | 7.02 | 7.03 | 7.02 | 10.03 |
| Reserves | 0.00 | 0.00 | 1.01 | 6.02 | 32.11 | 39.11 | 47.17 | 52.16 |
| Borrowings | 2.01 | 4.02 | 5.02 | 15.06 | 49.16 | 48.16 | 54.15 | 54.21 |
| Other Liabilities | 0.00 | 2.99 | 10.02 | 15.02 | 14.98 | 11.94 | 8.96 | 3.98 |
| Total Liabilities | 3.02 | 8.02 | 18.06 | 41.11 | 102 | 106 | 118 | 120 |
| Fixed Assets | 1.01 | 1.99 | 5.01 | 5.99 | 11.01 | 17.99 | 16.99 | 15.99 |
| CWIP | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1.01 | 5.02 | 13.05 | 34.12 | 91.26 | 88.25 | 101 | 104 |
| Inventories | 1.01 | 2.01 | 4.01 | 27.06 | 73.11 | 79.16 | 85.22 | 94.13 |
| Trade receivables | 1.01 | 2.01 | 7.01 | 3.01 | 9.02 | 2.01 | 5.01 | 8.01 |
| Cash & equivalents | 0.00 | 0.00 | 1.01 | 0.00 | 6.02 | 0.00 | 0.00 | 0.00 |
| Total Assets | 3.02 | 8.02 | 18.06 | 41.11 | 102 | 106 | 118 | 120 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.00 | 1.99 | −12.97 | −42.90 | 6.99 | −0.99 | 5.99 |
| Cash from investing activity | −3.01 | −2.01 | −2.01 | −6.02 | −8.02 | −1.01 | −1.01 |
| Cash from financing activity | 1.99 | 0.99 | 13.98 | 54.93 | −4.99 | 1.99 | −4.99 |
| Net cash flow | 0.00 | 1.01 | −1.01 | 6.01 | −6.01 | 0.00 | 0.00 |
| Capex | 2.69 | 1.91 | 2.27 | 5.57 | 8.72 | 1.91 | 0.87 |
| Free cash flow | −2.01 | 0.00 | −15.06 | −48.21 | −1.01 | −3.01 | 5.02 |
| CFO / OP % | 77.0% | 104.0% | −227.0% | −511.0% | 59.0% | −4.0% | 45.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | 40 | 48 | 42 | 15 | 41 | 7 | 13 | 25 |
| Inventory days | 29 | 41 | 27 | 189 | 506 | 285 | 409 | 413 |
| Days payable | 7 | 65 | 71 | 82 | 80 | 17 | 26 | 1 |
| Cash conversion cycle | 62 | 24 | −2 | 121 | 468 | 275 | 396 | 437 |
| Working capital days | −12 | −16 | 2 | 33 | 113 | 113 | 141 | 193 |
| ROCE % | — | 14.0% | 20.0% | 29.0% | 13.0% | 13.1% | 13.1% | 11.0% |
For the Mar 2026 quarter, Upsurge Seeds of Agriculture reported sales of ₹63.97 Cr, down 25.6% year on year and net profit of ₹4.99 Cr, down 17.0% year on year. The operating margin was 13.0%.
Upsurge Seeds of Agriculture's sales for the year to Mar 2026 were ₹110 Cr.
Net profit for the year to Mar 2026 was ₹6.99 Cr. Earnings per share over the same trailing period were ₹7.44.
Upsurge Seeds of Agriculture reported borrowings of ₹54.21 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.
Cash from operations was ₹5.99 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹5.02 Cr.