Context: How Bolsa de Valores de Lima works, and what it makes issuers disclose · Peru on the LatAm Power Map
A sugarcane farm that began on Peru’s northern coast in 1970 is now racing to reinvent itself as an export fruit grower — while its controlling shareholder fights a securities regulator in Peru’s Supreme Court over how it took control in the first place.
| Key Facts — Agrícola Cayaltí S.A.A. | |
|---|---|
| Full name | Agrícola Cayaltí Sociedad Anónima Abierta (formerly Empresa Agroindustrial Cayaltí S.A.A.) |
| Ticker / Exchange | CAYALTC1 / Bolsa de Valores de Lima (BVL) |
| ISIN | PEP771501009 |
| Headquarters | Chiclayo (Lambayeque region), Peru |
| Sector | Agricultural Production — Crops (sugarcane, blueberries, mandarins) |
| Employees | Not disclosed in available sources |
| Market value (market cap) | PEN 237.96M / ~USD 69.6M (our calculation, at PEN 1.00 (US$0.29)/share) |
| Yearly sales — FY2024 | PEN 83.78M / ~USD 24.50M (our calculation) |
| Net result — FY2024 | PEN –22.99M loss / ~USD –6.72M loss (our calculation) |
| Net loss margin — FY2024 | –27.4% (our calculation) |
| Return on equity | Negative; avg. return on assets –0.2% over 2021–2025 |
| Price-to-earnings ratio | Not meaningful (loss-making); TTM EPS ~0.00 |
| Dividend yield | Not disclosed in available sources |
| Website | portal.cayalti.com.pe |
What it is
Agrícola Cayaltí grows sugarcane in Peru’s Lambayeque region — a business it has run since 1970, under the name Empresa Agroindustrial Cayaltí S.A.A. until a formal rename in March 2022.
Alongside sugarcane, the company cultivates cotton, beans, and other crops, and is now actively pivoting toward export fruit — blueberries and mandarins — on its large landholdings in the coastal north.
Who owns it
Agrícola Cayaltí operates as a subsidiary of Intipuquio S.A., a Peru-Japan consortium that took control of Cayaltí in late 2015, when its stake reached 88.95%.
The takeover has a sharp legal edge: in November 2018, Peru’s securities regulator (SMV) ruled that Intipuquio committed a serious infraction by acquiring a significant stake in Cayaltí without conducting a mandatory public takeover offer (OPA), and ordered the suspension of voting rights on 214,733,318 of those shares and their sale via a public offer. Intipuquio challenged the ruling in court; the case is currently before Peru’s Supreme Court and the Constitutional Tribunal.
Who runs it
The Board Chair is a lawyer with studies in Law and Political Science at the Universidad Nacional Mayor de San Marcos, with a career spanning foreign-trade management, labour consulting, and financial advisory work. His name is not legibly disclosed in available sources due to character-encoding issues on the company’s governance page.
The Chief Executive (Gerente General) holds a business administration degree from California State University, graduating with honours, and has prior executive roles at Negociación Agrícola Jayanca, Agrícola Cerro Prieto, and Irrigadora Cerro Prieto — all Lambayeque agro-export operations. His name is likewise not legibly available in the sources retrieved.
The money, in plain words
In 2024, revenue was PEN 83.78M (~USD 24.5M), a 322.6% jump from PEN 19.82 (US$6)M the year before; the company still posted a net loss of PEN 22.99M (~USD 6.7M), though that loss shrank 34% from 2023.
That means it lost about 27 cents on every sol of sales — a net loss margin of –27.4% (our calculation) — so the revenue surge has yet to convert into profit. Return on assets averaged –0.2% across the five fiscal years 2021–2025, confirming that the asset base has consistently consumed more than it has earned.
The most recent quarterly data shows revenue of PEN 90.35 (US$26)M for the quarter ending September 30, 2025, bringing trailing twelve-month revenue to PEN 162.63 (US$48)M — up 139% year-on-year — suggesting the fruit-export pivot is lifting the top line sharply, even if profitability remains to be proven.
What it is doing now
In July 2024 the board agreed to contribute 492.68 hectares of farmland, valued at PEN 48.56M (~USD 14.2M), to its subsidiary Agrícola Zaña S.A.C., to be planted with the Abrilblue variety of blueberries, with 250 new hectares earmarked for preparation and planting starting May 2025.
That same decision was reversed by the board in a December 2024 session — a sign that the shape of the export strategy is still being settled at the highest level, even as field operations move forward.
What to watch
- Voting-rights dispute: The legal battle between Intipuquio and the SMV is before both the Supreme Court and the Constitutional Tribunal — its outcome will determine who effectively governs the company.
- Path to profit: Revenue has exploded but losses persist; the key test is whether the fruit-export shift turns the net loss margin positive within the next one to two reporting cycles.
- New crop timing: Mandarin production is expected to begin in 2025, which alongside blueberries could diversify and stabilise cash flows.
- Liquidity: The share price sits at PEN 1.00, (US$0.29)within a 52-week range of PEN 1.00 (US$0.29)–1.10 — the stock trades at a near-standstill, meaning exit for minority investors is difficult in practice.
Sources
- SMV Peru — Agrícola Cayaltí S.A.A. Annual Financial Report filing, February 2026 (includes FY2024 data and Intipuquio ownership detail)
- SMV Peru — Agrícola Cayaltí Separate Financial Statements FY2023 (Intipuquio control history)
- MarketScreener — Agrícola Cayaltí Annual Report 2025 / shareholder meeting notice (FY2025 governance)
- Agrícola Cayaltí S.A.A. — Corporate Governance / Directors page (Board Chair and CEO profiles)
- Agrícola Cayaltí S.A.A. — Memoria Anual 2024
- Stock Analysis — CAYALTC1 revenue and loss data (FY2024 and trailing twelve months)
- Investing.com — CAYALTC1 market capitalisation and share price data
- ProInversión Peru — Venta de Acciones Empresa Agroindustrial Cayaltí (2015 state-share sale process and corporate history)
- Market data: EODHD.
This is news, not investment advice.
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