What we do Saptarishi Agro Industries Ltd manufactures button mushrooms and allied agro-based products. It is expanding into frozen fruits and vegetables (FFV) and residential land development. |
Founded in 1,992 |
Market share Pioneer in India’s mushroom manufacturing with steady growth in agro-products and new FMCG segment expansion. |
Problem solved Provides high-quality, convenient, and healthy agro-based food products meeting rising consumer demand in India. |
Top clients or who we serve B2C consumers seeking fresh and frozen agro products, and real estate buyers for land development projects. |
Key management Krunal Ravjibhai Patel (Chairman), Rushabh Ravjibhai Patel (Managing Director & CFO), Janayash Nareshbhai Desai (Whole Time Director). |
Our journey and innovations Started mushroom manufacturing in 1992; expanded with export unit in 1994; overcame operational challenges; now diversifying into FFV and real estate. |
Where we operate Operations based in Tamil Nadu and Ahmedabad, with markets across India for agro-products and land sales locally. |
Top products or what we offer Button mushrooms, mushroom trading, new FFV brand 'FRAYTOZ', and residential land development projects. |
Top brands FRAYTOZ – upcoming frozen fruits & vegetables brand targeting health-conscious consumers. |
Raw materials needed Agricultural wastes used for mushroom cultivation; fresh fruits and vegetables for FFV segment. |
Raw materials supplier Locally sourced agricultural produce and wastes; suppliers not specifically named. |
Recurring vs cyclical contribution Revenue mix includes recurring agro product sales and cyclical real estate development income. |
Our industry position Leading Indian button mushroom manufacturer; entering growing FFV and real estate markets to diversify revenue. |
Financial highlights FY 2024-25 revenue Rs. 794.3 million; net profit Rs. 21.4 million; notable revenue and profit growth over prior year. |
Geographical revenue split Primarily domestic Indian revenue from agro-products and real estate sales; export details not highlighted. |
Order book - |
Whats driving growth Expansion into frozen fruits & vegetables and real estate; improving operational efficiency and market demand. |
Our future plans Launch 'FRAYTOZ' brand for FFV products; complete two-phase residential land development project within next year. |
Our green promise - |
Our people and values Focus on professional work culture, employee development, and strong internal controls fostering accountability. |
Key challenges ahead Operational disruptions in past, electricity supply issues, labor unrest; now managing diversification risks. |
Interesting facts First Indian company to manufacture button mushrooms at scale; longstanding technical collaboration with Dutch firm. |
Risks and strategy Mitigating risks from labor and supply issues through diversification into FFV food products and real estate. |
