Regaal Resources Ltd (REGAAL) Share Price & Fundamentals

What we do

Regaal Resources Ltd is a leading Indian manufacturer of maize-based specialty products, including native and modified starches, co-products, and value-added items.

Founded in

2,012

Market share

Among the largest maize milling plants in Eastern India with rapid capacity expansion and a growing domestic and export customer base.

Problem solved

Provides sustainable maize-based starch solutions and derivatives addressing food, pharmaceutical, paper, textile, and animal nutrition industry needs.

Top clients or who we serve

Supplies B2B clients across food processing, pharma, paper, textiles, adhesives, and animal nutrition sectors, including notable names like Emami Paper Mills and Century Pulp & Paper.

Key management

Led by founder Anil Kishorepuria with 25+ years of industrial experience; supported by a qualified leadership team with strong industry backgrounds.

Our journey and innovations

Started production in 2018 with 180 TPD capacity, expanded to 825 TPD by 2025, added Co-generation power, ISO certifications, and recognized as a One Star Export House.

Where we operate

Primarily India with expanding exports to Nepal, Bangladesh, and Southeast Asia markets.

Top products or what we offer

Native maize starch, modified starches, maize flour, icing sugar, custard powder, baking powder, and co-products like gluten, germ, enriched fiber.

Top brands

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Raw materials needed

Maize from local farmers, sourced mainly from Bihar and nearby maize markets.

Raw materials supplier

Direct linkage with farmers under Regaal Kisan Maitri and procurement from large maize mandis like Gulabbagh.

Recurring vs cyclical contribution

Revenue is a mix of recurring manufacturing contracts and seasonal maize procurement cycles.

Our industry position

Second largest wet maize milling plant in Eastern India; fastest capacity expansion and strong industry positioning with export house recognition.

Financial highlights

FY25 revenue ₹915 crore, net profit ₹47.67 crore; 36.9% CAGR over FY23-FY25; Q3 FY26 revenue ₹322 crore with 10.7% EBITDA margin.

Geographical revenue split

Approximately 93% revenue from India and 7% from overseas markets as of FY25.

Order book

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Whats driving growth

Capacity expansion, product diversification to value-added starch derivatives, growing demand in processed foods, pharma, paper, and export market development.

Our future plans

Doubling crushing capacity to 1650 TPD by FY26 end; launching liquid glucose and maltodextrin powder; expansion in South India and global exports.

Our green promise

Operates Zero Liquid Discharge plant, uses renewable rice husk for power, and adheres to environmental and safety ISO standards.

Our people and values

527 employees with experienced leadership fostering innovation, quality, sustainability, and strong customer relationships.

Key challenges ahead

Managing maize supply fluctuations, regulatory compliance issues, and sustaining margin amid trading and manufacturing mix changes.

Interesting facts

One of the few Indian maize processors with integrated co-generation power; recognized as a One Star Export House by the Indian government.

Risks and strategy

Risks from agricultural raw material supply and policy changes mitigated by diversified sourcing, capacity, and product expansion strategies.