KRISHI RASAYAN EXPORTS PVT LTD

Company Report: India-Agrochemicals-Unlisted

21 JULY 2014

www.indiabusinessreports.com

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,
PGRs & 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.
Board of Directors
Name Designation
Chairman
Director
Director
Director
Director



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
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Promoters

XXXXXX

Name No of Shares (%)




Total

100.0%
As of Sep13



BUSINESS HIGHLIGHTS

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MANUFACTURING FACILITIES

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PEERS

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FINANCIAL PERFORMANCE

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FUNDING AND FUTURE PLANS

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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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CL & Provisions
Net Current Assets
Deferred Tax Asset
Total Assets




Ratios


FY11 FY12 FY13
Growth (%)

Sales

PBDIT

PBT

PAT


Margins (%)

PBDIT

PAT


Balance Sheet Ratios

ROE (%)

ROCE (%)

D/E (x)




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