The mark was incorporated in July 1999 and is managed by techno-professionals with more than 30 old ages of experience in seed industry.
The activity of the company can be loosely categorized into:
Research and development for new assortments of intercrossed seeds
Commercial production and selling of intercrossed and OP ( Open Pollinated ) seeds.
The company has particular focal point on loanblends of Paddy ( Rice ) which has immense potency in the market.
Apart from Paddy, the company ‘s merchandise portfolio includes assortments of Cotton, Maize, Sunflower, Jowar, Wheat, Bajra, Mustard, Castor and Vegetables.
The company has already successfully commercialized 101 assortments ( of 23 harvests ) and 50 are in grapevine to be commercialized in 1-2 old ages.
Target has research tie ups for transgenic cistrons in Paddy and cotton harvests with Govt. of India under Public Private Partnership.
It besides has affiliations with research institutes ( like ICRISAT, DRR, CSIR etc ) , reputed R & A ; D houses and free-lance breeders for merchandise sourcing and exchange of engineering & A ; germplasm in order to accomplish its broad-based aim of germinating various loanblends.
Germplasm is the Key R & A ; D plus which is utilized in hybridisation of seeds and germinating new assortments. The company has a aggregation of around 1500 assortments of germplasm of different harvests.
Presently Target is adequately equipped with substructure for R & A ; D, Seed Processing and Testing.
The company has 25 estates of farm infinite for transporting out research operations ( 3 R & A ; D research farms ) . It has 3 seed processing workss holding a cumulative capacity of 12 MT per hr and a hazelnut drying installation with a capacity to treat 140 MT per rhythm.
The company has an established web of around 175 Distributors and over 7000 Traders spread across 11 provinces in India and one each in Nepal & A ; Bangladesh.
Hybrids & A ; Open Pollinated Varieties – Proprietary Assortments
S.No.
Crop
Released for Marketing
In Pipeline
Loanblends
Open Pollinated Assortments
Entire
Loanblends
Open Pollinated Assortments
Entire
1
Paddy ( Rice )
5
6
11
3
2
5
2
Cotton
6
0
6
2
0
2
3
Maize
6
0
6
6
0
6
4
Bajra
3
0
3
2
0
2
5
Sorghum ( Jowar )
4
0
4
1
0
1
6
Sunflower
4
0
4
2
0
2
7
Rapeseed
0
1
1
0
0
0
8
Mustard
0
2
2
0
1
1
9
Wheat
0
4
4
0
2
2
10
Redgram
0
0
0
1
2
3
11
Chilis
7
0
7
2
0
2
12
Tomato
3
0
3
2
0
2
13
Bhendi
4
1
5
2
0
2
14
Eggplant
3
0
3
0
2
2
15
Bottle calabash
1
0
1
1
0
1
16
Ridge calabash
1
0
1
1
1
2
17
Bitter calabash
2
0
2
1
2
3
18
Cauliflower
0
1
1
1
1
2
19
Bunch beans
0
1
1
0
3
3
20
Dolichos beans
0
0
0
0
2
2
21
Watermelon
2
0
2
1
0
1
22
Cucumber
0
0
0
0
1
1
23
Coriander
0
0
0
0
1
1
24
Palak
0
0
0
0
1
1
25
Cowpea
0
1
1
0
1
1
A
Sum
51
17
68
28
22
50
Hybrids & A ; Open Pollinated Varieties – Public Notified
S.No.
Crop
Loanblends
Open Pollinated Assortments
Entire
In entire, the company markets 101 assortments ( of 23 harvests ) and has 50 assortments in grapevine
Out of the marketed seed assortments, 68 are Research / Proprietary and staying 33 are public notified.
54 are intercrossed seed assortments and 47 are unfastened pollinated assortments.
1
Mick
1
9
10
2
Jowar
2
0
2
3
Bajra
0
1
1
4
Wheat
0
12
12
5
Groundnut
0
2
2
6
Alpha geminorum
4
1
1
7
Cotton
0
2
2
8
Jute
0
1
1
9
Tomato
0
2
2
Sum
3
30
33
Detailss of Germplasm Evaluation, Maintenance, Hybridization, Multi-Locational Testing & A ; Commercialization
S. No.
Crop
Germplasm Collection & A ; Evaluation
Selection & A ; Maintenance
Hybridization/ Varietal choice
Multi-locational testing
Commercialization
Expected Commercialization in 2008-09
Expected Commercialization in 2009-10
1
Mick
251
139
36
23
11
1
3
2
Cotton
125
90
82
32
6
0
2
3
Maize
442
270
50
22
6
1
2
4
Bajra
207
106
104
44
3
1
1
5
Sorghum
35
33
16
22
4
0
1
6
Sunflower
77
59
37
27
4
1
1
7
Land nut
5
4
2
2
0
0
1
8
Red gm
8
6
3
3
0
0
2
9
Bengal gm
8
2
0
0
0
0
0
10
Mustard
21
29
21
18
2
0
1
11
Rape seed
10
13
5
4
1
0
0
12
Wheat
11
9
9
9
4
0
2
13
Tomato
47
26
7
5
3
0
2
14
Chili
56
62
20
14
7
1
1
15
Okra
34
30
21
18
5
0
2
16
Eggplant
81
64
6
6
3
1
1
17
Bottle calabash
12
18
11
9
1
0
1
18
Ridge calabash
17
16
2
7
1
0
1
19
Bitter calabash
11
16
2
8
2
0
1
20
Water melon
11
8
4
8
2
0
1
21
Bunch beans
16
120
0
8
1
0
1
22
Dolichos beans
9
12
0
5
0
1
1
23
Cucumber
4
2
0
0
0
0
1
24
Palak
2
2
0
0
0
0
1
25
Coriander
2
2
0
0
0
0
1
26
Cowpea
2
4
0
0
1
0
1
27
Cauliflower
2
1
1
1
1
0
1
1506
1143
439
295
68
7
33
Selling Network
The company presently has presence in 14 provinces in India through its web of distributers and traders. The company is besides exporting some of its merchandises to Nepal, Bhutan and Bangladesh through its distributer based in Dhaka, Bangladesh.
State
Crops
Distributors
Preferable Traders
Andhra Pradesh
Paddy, Cotton, Maize, Sunflower, Jowar, Bajra and Vegetables
26
1400
Maharashtra
Paddy, Cotton, Maize, Sunflower, Jowar, Bajra and Vegetables
22
1200
Madhya Pradesh
Paddy, Maize, Bajra and Vegetables
12
150
Karnataka
Paddy, Cotton, Maize, Sunflower, Jowar, Bajra and Vegetables
12
250
Rajasthan
Cotton, Bajra, Wheat, and Mustard
6
100
Punjab
Paddy, Cotton, Maize, Sunflower, Bajra, Wheat and Mustard
6
100
Haryana
Paddy, Cotton, Maize, Sunflower, Bajra, Wheat and Mustard
12
175
Uttar Pradesh
Paddy, Cotton, Maize, Sunflower, Bajra, Wheat and Mustard
36
1500
Bihar
Paddy, Maize, Sunflower, Wheat and Mustard
11
450
Jharkhand
Paddy, Maize, Sunflower, Wheat and Mustard
7
250
Tamil Nadu
Paddy, Cotton, Maize, Sunflower, Jowar, Bajra and Vegetables
15
250
Orissa
Paddy, Cotton, Maize, Sunflower, Jowar, Bajra and Vegetables
1
50
West Bengal
Paddy, Maize, Sunflower and Vegetables
1
150
Chattisgarh
Paddy, Cotton, Maize, Sunflower, Bajra, Wheat and Mustard
6
275
Bangladesh & A ; Nepal
Paddy and Maize
2
700
A
175
7000
Fiscal Summary
( in Rs 1000000s )
FY08
Audited
FY09
Audited
FY10
Estimates
FY11
Projections
FY12
Projections
Employee turnover
221.0
321.6
403.5
650.2
849.3
Gross Growth ( % )
50.3 %
45.5 %
25.5 %
61.1 %
30.6 %
Cost of Gross saless
205.9
298.2
364.1
552.7
714.5
Earnings before interest taxes depreciation and amortization
15.0
23.4
39.4
97.4
134.8
EBITDA Margin ( % )
6.8 %
7.3 %
9.8 %
15.0 %
15.9 %
PBT
7.1
13.1
26.3
74.1
108.3
PBT Margin ( % )
3.2 %
4.1 %
6.5 %
11.4 %
12.7 %
Capital Employed
28.2
48.0
75.2
146.4
201.5
ROCE ( % )
45.6 %
44.4 %
42.7 %
60.2 %
62.1 %
