What we do Croissance Ltd is a realty-focused company evolving from tissue adhesive manufacturing to ethanol production and green energy initiatives, including bioenergy and ethanol manufacturing. |
Founded in 1,994 |
Market share Not a market leader but expanding in ethanol production and green clean fuel sectors in India. |
Problem solved Addressing clean energy demand via ethanol production and bioenergy solutions, supporting sustainable fuel alternatives. |
Top clients or who we serve Serves primarily B2B customers in industrial ethanol and bioenergy sectors. |
Key management Includes experienced professionals like Managing Director Amaresh Rao Gaikwad and CFO Sravan Prabhakar Veledandi. |
Our journey and innovations Started with tissue adhesive manufacturing in 1994; expanded to ethanol production and green energy in recent years; set up bioenergy projects on leased land. |
Where we operate Operations mainly in India, with recent focus on land acquisition in Mysuru and units in Andhra Pradesh. |
Top products or what we offer Ethanol fuel, bioenergy products, realty services. |
Top brands - |
Raw materials needed Raw materials for ethanol include biomass and other feedstocks for fermentation. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely cyclical with fluctuations in ethanol and bioenergy markets. |
Our industry position Emerging player in ethanol and bioenergy production within India’s green fuel sector. |
Financial highlights FY 2024-25 revenue stood at Rs. 10.47 lakhs with a net profit of Rs. 0.34 lakhs, reflecting a decline from prior year. |
Geographical revenue split Revenue predominantly from Indian operations. |
Order book - |
Whats driving growth Growth driven by green energy focus, bioenergy project initiation, and ethanol market demand. |
Our future plans Plans include bioenergy business expansion on 120 acres in Mysuru with long-term leased land for ethanol production. |
Our green promise Committed to green energy and pollution control; adhering to clean fuel ambitions. |
Our people and values Emphasizes ethics, diversity, and compliance; leadership with strong governance focus. |
Key challenges ahead Managing cyclical revenue, scaling green energy projects, financial strengthening. |
Interesting facts Originally Memory Polymers Ltd, evolved through multiple sectors before focusing on green energy and ethanol. |
Risks and strategy Risk mitigation through diversification into bioenergy, governance improvements, and technological adoption. |
