What we do Shubhshree Biofuels Energy Ltd manufactures and supplies biomass fuels like pellets and briquettes as eco-friendly alternatives to fossil fuels for industrial and power sectors. |
Founded in 2,013 |
Market share Emerging supplier with large clients like Reliance, NTPC, and Hindalco; expanding capacity to serve power and industrial sectors robustly. |
Problem solved Provides sustainable biomass fuels reducing reliance on coal and other fossil fuels, aiding industrial and power sectors to lower carbon footprint. |
Top clients or who we serve Serves large industrial and power companies including Reliance Industries, NTPC, Hindalco, Lupin, and Maharashtra State Power Generation Company; B2B focus. |
Key management Mr. Sagar Agrawal (Chairman & Managing Director), Mr. Anurag Agarwal (Whole-time Director), Ms. Upasana Srivastava Dattani (Non-executive Director). |
Our journey and innovations Founded in 2013, shifted focus to biomass fuels in 2021, launched IPO in 2024, scaled production to 1000 tonnes/day with new plants in multiple states. |
Where we operate Primarily India with plants and operations in Rajasthan, Chhattisgarh, Madhya Pradesh, Haryana, serving major Indian industrial clients. |
Top products or what we offer Biomass pellets and briquettes used for industrial heating, cooking, power generation; procured and self-manufactured to meet demand. |
Top brands Shubhshree biomass pellets and briquettes - growing supply capacity to 1000 tonnes/day; trusted by large Indian industrial firms. |
Raw materials needed Uses agricultural waste, sawdust, farm waste sourced from farmers and dealers locally as primary raw materials for biomass fuel production. |
Raw materials supplier Supplies sourced directly from farmers and local dealers as well as procured from third-party manufacturers/vendors. |
Recurring vs cyclical contribution Revenue is largely recurring via long-term supply contracts to industrial and power sector customers. |
Our industry position A fast-growing biomass fuel supplier with strong foothold in key Indian industrial and power segments, expanding production rapidly. |
Financial highlights Fiscal 2025 revenue Rs.162.66 Cr, net profit Rs.8.09 Cr; revenue nearly doubled from previous year with strong profitability improvement. |
Geographical revenue split Revenue primarily from Indian clients across multiple states where plants and customers are located. |
Order book - |
Whats driving growth Rapid industrial shift toward renewable fuels, increased capacity, strategic client acquisitions, and expanding plant network drive robust growth. |
Our future plans To further scale production beyond 1000 tonnes/day, commission new plants, and broaden client base within power and industrial sectors. |
Our green promise Committed to sustainability by promoting biomass energy as eco-friendly alternative, reducing dependence on fossil fuels, focusing on agricultural waste utilization. |
Our people and values Employs 40 permanent staff; emphasizes ethical governance, diversity, and continuous improvement in sustainable energy sector. |
Key challenges ahead Raw material supply consistency, regulatory compliance, competition from fossil fuels, and managing scale while maintaining quality. |
Interesting facts IPO oversubscribed 119 times, rapid capacity scaling post-IPO with new manufacturing plants across 3 states in FY 2025. |
Risks and strategy Mitigates supply and regulatory risks via diversified sourcing and strong governance; growth strategy focuses on capacity expansion and client diversification. |
