What we do Modi Naturals Ltd manufactures and markets edible oils, healthy food products, and ethanol, offering premium branded oils, ready-to-cook foods, and biofuel solutions in India. |
Founded in 1,994 |
Market share Leader in branded olive oil segment; 3rd largest super-premium edible oil brand in India, and a major player in rice bran oil processing. |
Problem solved Provides healthier edible oil options, diversified food products and sustainable ethanol, addressing consumer health, convenience, and energy needs. |
Top clients or who we serve Serves retail consumers across India through modern and general trade, e-commerce, and institutional buyers; B2C focused with bulk business B2B. |
Key management Mr. Anil Modi (Chairman & Managing Director), Mr. Akshay Modi (Joint Managing Director). |
Our journey and innovations Established in 1974, pioneer in rice bran oil processing, launched Oleev brand and multisource olive oils, diversified into ready-to-cook foods and ethanol production. |
Where we operate Pan-India presence with manufacturing units in Uttar Pradesh, Haryana, Telangana; national distribution and e-commerce reach. |
Top products or what we offer Branded edible oils like Oleev Active, Oleev Health, Rizolo; ready-to-cook snacks like pasta, peanut butter; ethanol production via subsidiary Modi Biotech. |
Top brands Oleev - largest 'Goodness of Olive Oil' brand; Pipo - snack brand; Oleev Kitchen - pasta and peanut butter; Rizolo and Miller - premium oils. |
Raw materials needed Rice bran, olives, grains (broken/surplus rice) for oil and ethanol production; wheat for ready-to-cook pasta; peanuts for peanut butter. |
Raw materials supplier Sourced domestically from agricultural suppliers in key regions (e.g., Chhattisgarh, Punjab) with leverage over rice and grain supply chains. |
Recurring vs cyclical contribution Revenue mix includes recurring bulk sales and recurring branded product sales; ethanol business adds growing segmental income with medium-term growth. |
Our industry position Premium edible oil market leader in olive oil blends, second largest super-premium refined oil brand on e-commerce platforms, thriving ethanol producer. |
Financial highlights FY25 consolidated revenue ₹663 crore, PAT ₹31 crore, EBITDA margin 8.4%, showing significant profit growth and expanding margins. |
Geographical revenue split Primarily India-focused revenues with pan-India distribution and online sales; no overseas segment reported. |
Order book - |
Whats driving growth Growth driven by increased branded product adoption, expansion in ethanol capacity, cost optimization, innovative product launches, and enhanced distribution. |
Our future plans Scaling ethanol capacity to 310 KLPD by FY26; expanding branded foods portfolio; increasing marketing spends; extending distribution. |
Our green promise Invested in greenfield ethanol distillery promoting sustainable biofuels, aligning with national ethanol blending targets and environmental responsibility. |
Our people and values Dedicated workforce of 544 employees; emphasis on human resource development, inclusion, and compliance with workplace safety and POSH laws. |
Key challenges ahead Raw material price volatility, regulatory changes in edible oil and ethanol sectors, competition in FMCG space, and demand fluctuations. |
Interesting facts First Indian company to make multisource olive oil blends; operating one of the largest rice bran oil processing plants; expanding green ethanol production. |
Risks and strategy Mitigates raw material risks via strong procurement, diversifies via ethanol and food segments, focuses on innovation and brand building to sustain growth. |
