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Krishi Rasayan Exports Pvt Ltd (KREPL) is the flagship company of KRISHI RASAYAN GROUP established in the year 1966. Still family held, between two key families, the company is perhaps the largest unlisted agrochemical company in India. The continuous process of upgradation, development and inherent changes according to market requirements has helped this company to become a leader-both within India as well as abroad. It has become a major player in Agrochemical business having five composite manufacturing plants all over India. The plants are respectively dedicated for manufacturing of Insecticides, Herbicides, Fungicides, PGR’s & Rodenticides.The production of technical herbicide is done under another group company (Krishi Rasayan). It is also the export and biotech arm of the group. It also operates a 2.4-D Technical Plant in Orissa. The current turnover is around Rs.600 million (USD 15 million). The Company is very upbeat about its diversification in Solid Waste Management through Biotechnology.For the last 10 years it has been running successfully with a 100MT production of Bio Fertilizers per day converting the municipal waste, in Puri, Orissa. Now, the company is in talks with various Municipal Corporations, to set up similar plants. Apart from the same, the Company is actively negotiating for supply of Technology and setting up of turnkey plants in Phillipines, Brunei, Srilanka and China. It has already signed an MOU for setting up a Turnkey Project in Phillipines.
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KRISHI RASAYAN EXPORTS PVT LTDCompany Report: India-Agrochemicals-Unlisted
21 JULY 2014
COMPANY BACKGROUND
Beginning
Krishi Rasayan Exports Pvt Ltd (KREPL) is the flagship company of KRISHI RASAYAN GROUP established in the year 1966. Still family held, between two key families, the company is perhaps the largest unlisted agrochemical company in India.
The continuous process of upgradation, development and inherent changes according to market requirements has helped this company to become a leader-both within India as well as abroad. It has become a major player in Agrochemical business having five composite manufacturing plants all over India. The plants are respectively dedicated for manufacturing of Insecticides, Herbicides, Fungicides, PGR’s & Rodenticides.
The production of technical herbicide is done under another group company (Krishi Rasayan). It is also the export and biotech arm of the group. It also operates a 2.4-D Technical Plant in Orissa. The current turnover is around Rs.600 million (USD 15 million). The Company is very upbeat about its diversification in Solid Waste Management through Biotechnology.
For the last 10 years it has been running successfully with a 100MT production of Bio Fertilizers per day converting the municipal waste, in Puri, Orissa. Now, the company is in talks with various Municipal Corporations, to set up similar plants. Apart from the same, the Company is actively negotiating for supply of Technology and setting up of turnkey plants in Phillipines, Brunei, Srilanka and China. It has already signed an MOU for setting up a Turnkey Project in Phillipines.
The Company has applied for Clean Development Mechanism (CDM) under United Nation for its Biofertilizer Unit.
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Board of DirectorsName Designation
ChairmanDirectorDirectorDirectorDirector
Address
Block A-11, 4th Floor, FMC Fortuna,234/3-A, A.J.C.Bose Road,Calcutta-700 020 (India) (033) 2287-5730 / 2287-5731
Financial Summary
Year ending June 30 FY11 FY12 FY13
Net Sales (Rs mn)
EBITDA (Rs mn)
EBITDA Margin (%)
PAT (Rs mn)
Net worth (Rs mn)
Debt (Rs mn)
Sales Growth (%)
PAT Growth (%)
ROE (%)
ROCE (%)
D/E (x)
Name of Auditors
B S R & Associates
India-Agrochem-Unlisted KREPL 21 Jul’14
Promoters
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Name No of Shares (%)
Total 100.0%
As of Sep’13
BUSINESS HIGHLIGHTS
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MANUFACTURING FACILITIES
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PEERS
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India-Agrochem-Unlisted KREPL 21 Jul’14
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FINANCIAL PERFORMANCE
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FUNDING AND FUTURE PLANS
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India-Agrochem-Unlisted KREPL 21 Jul’14
FINANCIAL DETAILS
P&L
(Rs mn) FY09 FY10 FY11 FY12 FY13
Net Sales
EBITDA
Margin (%)
Interest
Other Income
PBDT
Depreciation
Extraordinary Item
PBT
PAT
PAT Margin (%)
Balance Sheet
(Rs mn) FY11 FY12 FY13
Liabilities
Equity Capital
Reserves
Shareholder Funds
Debt
Deferred tax liability
Other Long Term Lialilites
Total Liabilities
Assets
Fixed Assets (net)
Intangible Assets
Investments
Total Non Current Assets
Inventories
Debtors
Cash
Loans & Advances
Other CA
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India-Agrochem-Unlisted KREPL 21 Jul’14CL & Provisions
Net Current Assets
Deferred Tax Asset
Total Assets
Ratios
FY11 FY12 FY13
Growth (%)SalesPBDITPBTPAT
Margins (%)PBDITPAT
Balance Sheet RatiosROE (%)ROCE (%)D/E (x)
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