What we do Sharat Industries Limited is India's oldest integrated aquaculture company specializing in breeding, farming, feed production, and processing of shrimp, serving global seafood markets. |
Founded in 1,990 |
Market share A market leader in shrimp exports to Russia, with expanding global footprint including the USA, China, and Europe. |
Problem solved Provides quality shrimp breeding, farming, and processing solutions restoring aquaculture viability with Vannamei shrimp pioneering in India. |
Top clients or who we serve B2B seafood exporters and retailers serving international markets such as Russia, USA, China, and Europe. |
Key management Promoted by S. Prasad Reddy and Smt S. Devaku; managing leadership includes Mr. Prasad Reddy Sabbella (Managing Director). |
Our journey and innovations Pioneered Vannamei shrimp breeding in India; integrated hatchery, feed, farming, and processing facilities; expanded exports globally. |
Where we operate Operations concentrated in Nellore, India; exports to USA, Russia, China, Europe, and wider Asia. |
Top products or what we offer Shrimp hatchery and breeding, shrimp farming, feed production, shrimp processing (IQF, cooked, frozen), and export services. |
Top brands Vannastar and Aquaastar feed brands; multiple shrimp product varieties including IQF and cooked, tailored for global markets. |
Raw materials needed Fish meal, de-fatted soya flour, wheat flour for feed; shrimp broodstock for seed production. |
Raw materials supplier Sourced from vetted suppliers and partnership networks ensuring quality inputs. |
Recurring vs cyclical contribution Revenue is largely recurring through integrated operations mitigating seasonality with year-round production. |
Our industry position Leading Indian shrimp exporter with significant shares in Russia and growing presence in global premium markets. |
Financial highlights FY24-25 revenue of ₹380.53 Cr with net profit ₹9.95 Cr; EBITDA margin improving to about 8%; sustained growth over recent years. |
Geographical revenue split Exports dominated by USA (22.6%), Russia (51.2%), China (21.2%), and others (5%). |
Order book - |
Whats driving growth Growing global seafood demand, tariff reliefs, government export incentives, and expanding farm and processing capacities. |
Our future plans Expand into Black Tiger shrimp exports, increase export revenue to ₹1000 Cr by FY28, invest in innovation and digital transformation. |
Our green promise Energy conservation via solar projects, EV fleet adoption, and sustainable feed initiatives. |
Our people and values Cordial work culture with focus on employee welfare, compliance, and governance. |
Key challenges ahead Rising production costs, climate risks, disease outbreaks, fluctuating global shrimp prices, and regulatory changes. |
Interesting facts First to pioneer Vannamei shrimp breeding in India, reviving the aquaculture industry at critical times. |
Risks and strategy Mitigating risks through integrated operations, technology adoption, forward contracts, and market diversification. |
