A field experiment was conducted during Kharif 2012 at Adaptive Research Station, Sakhigopal, Puri, Odisha to study the biochemical traits of different rice varieties grown under waterlogged and submerged conditions. Total chlorophyll content of the leaf was found to be highest (2.52 mg/g FW) in Varshadhan; the similar trend was also recorded in choirophyll-a and Chlorophyll-b content among the cultivars and starch content was highest in Varshadhan (145.46 mg/g). Considering all the parameters the Varshadhanamong all the varieties may be recommended to farmers for cultivation under waterlogged and submerged conditions.