What we do Growington Ventures India Ltd imports and trades a variety of fruits, including dragon fruit and apples, focusing on agro products in domestic and international markets. |
Founded in 2,010 |
Market share Emerging player in fruit import and trading with expanding business and listing on the Bombay Stock Exchange main board. |
Problem solved Provides access to exotic and quality imported fruits to Indian consumers and traders, supporting diversified agro-product availability. |
Top clients or who we serve Serves importers, wholesale traders, agro-product dealers primarily in B2B domestic and export markets. |
Key management Mr. Vikram Bajaj (Promoter & Non-Executive Director), Mr. Lokesh Patwa (Whole-time Director), Mrs. Ankita Mundhra (Independent Director), Mr. Mukesh Patwa (CFO). |
Our journey and innovations Transitioned from travel business to fruit import and trading post-2022 with strategic diversification and expansion into exotic fruit markets. |
Where we operate India, with business dealings extending to international sourcing and export markets through a Dubai subsidiary. |
Top products or what we offer Imported fruits like Dragon Fruit, Apple, and other exotic varieties; agro products for domestic and international trade. |
Top brands - |
Raw materials needed Imported fresh fruits such as dragon fruit, apples, and other exotic varieties. |
Raw materials supplier Global fruit exporters and importers (specific suppliers not detailed). |
Recurring vs cyclical contribution Revenue is largely recurring through continuous trading of imported fruits and agro products. |
Our industry position Growing market presence post-main board listing; increased revenue and profitability indicate strengthening competitive position. |
Financial highlights FY 2024-25 standalone revenue Rs. 610.86 Cr (+101% YoY), profit after tax Rs. 24.59 Cr (+40% YoY). |
Geographical revenue split Primarily India; export activities through Dubai subsidiary. |
Order book - |
Whats driving growth Shift to fruit import/trading, expanding exotic fruit portfolio, increased demand in domestic and export markets. |
Our future plans Expand business scale, diversify product portfolio, and enhance market footprint with planned capital raise via equity issuance. |
Our green promise - |
Our people and values Emphasizes ethical conduct, diverse workforce, employee safety, and compliance with corporate governance standards. |
Key challenges ahead Market competition, import regulation fluctuations, supply chain dependencies, and post-pandemic economic factors. |
Interesting facts Company evolved from tour operator to fruit importer with rapid revenue growth and main board stock exchange listing. |
Risks and strategy Mitigates risks through diversification, regulatory compliance, and strengthening internal financial controls. |
