What we do Apex Frozen Foods Ltd specializes in processing and exporting premium frozen shrimp products including Whiteleg and Black Tiger shrimp primarily to the USA and European markets. |
Founded in 1,995 |
Market share Leading exporter of processed shrimp in India, recognized as a Star Export House with strong presence in USA and EU. |
Problem solved Provides high-quality, ready-to-cook and ready-to-eat shrimp products meeting global seafood demand and food safety standards. |
Top clients or who we serve Serves food companies, retail chains, restaurants, club stores, distributors mainly in USA and European countries (B2B and B2C). |
Key management Karuturi Satyanarayana Murthy (Executive Chairman), Karuturi Subrahmanya Chowdary (Managing Director CFO), Neelima Devi Karuturi (Whole Time Director). |
Our journey and innovations Started in 1995 as a partnership, expanded to private and then public limited company. Backward integration with own hatcheries and launched Ready-to-Eat products. |
Where we operate Exports primarily to USA, European Union, and other global markets; operations located in Andhra Pradesh, India. |
Top products or what we offer Frozen processed shrimp variants including ready-to-cook and value-added ready-to-eat shrimp under various brands. |
Top brands Bay Fresh, Bay Harvest, Bay Premium; known for high-quality frozen shrimp offerings in global markets. |
Raw materials needed Shrimp seeds, feed, packaging materials, freezing and cold storage inputs. |
Raw materials supplier Internal hatcheries supply seeds; local feed and material suppliers support processing plants. |
Recurring vs cyclical contribution Revenue is largely recurring driven by consistent export contracts, though raw material supply can be cyclical. |
Our industry position Among top Indian exporters of processed shrimp by volume and value with expanding capacity and growing export markets. |
Financial highlights FY2025 revenue of Rs 813.55 crore and net profit Rs 3.88 crore, with growth driven by enhanced shrimp sales and operational efficiencies. |
Geographical revenue split Majority revenue from exports (~99%), predominantly USA and European markets, small domestic sales contribution. |
Order book - |
Whats driving growth Rising global shrimp demand, new EU approvals, Ready-to-Eat product expansion, improved cost structures, and tariff reductions. |
Our future plans Capacity expansions for Ready-to-Eat products, enhance value-added offerings, market diversification, and sustainability initiatives. |
Our green promise Installed rooftop solar power facilities totaling over 2.5 MW to reduce carbon footprint and power costs. |
Our people and values Dedicated workforce emphasizing quality, compliance, and continuous improvement to uphold global seafood standards. |
Key challenges ahead Raw material price volatility, disease outbreaks in aquaculture, market tariff impacts, and international regulatory compliance. |
Interesting facts Apex is a recognized Star Export House with integrated shrimp hatcheries and advanced processing plants in Andhra Pradesh. |
Risks and strategy Mitigates disease risk with pathogen free seeds, manages market risks via diversification and cost controls, and maintains regulatory compliance. |
