What we do Suryo Foods & Industries Ltd operates primarily in aquaculture and shrimp hatchery, with significant investments in a 300-acre industrial park near Odisha's coast. |
Founded in 1,989 |
Market share Strong presence in shrimp hatchery with a vertically integrated aquaculture model, focused on product quality and operational efficiency. |
Problem solved Addresses supply chain control and quality assurance in aquaculture, enhancing traceability and sustainable seafood production. |
Top clients or who we serve Serves seafood processing, aquaculture industries, and potential industrial tenants in its industrial park; B2B focus. |
Key management Amarendra Dash (Chairman & Managing Director), Aditya Dash (Chief Executive Officer), Bijay Kumar Dash (Chief Financial Officer). |
Our journey and innovations Incorporated 1989; expanded into real estate and aquaculture since 2008; launched 250 million capacity shrimp hatchery in 2015; diversifying species cultured. |
Where we operate Operations focused in Odisha, India, especially coastal Gopalpur and Dhamara regions. |
Top products or what we offer Shrimp hatchery with post larvae production; industrial park development for shipbuilding, chemical, and LNG-based industries. |
Top brands - |
Raw materials needed Shrimp seed stock, aquaculture feeds, hatchery equipment. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue currently limited and cyclical; long-term potential from industrial park and aquaculture growth. |
Our industry position Niche player in coastal Indian aquaculture with strong facility infrastructure and integration. |
Financial highlights FY 2024-25 net profit Rs. 2.49 million; no operational revenue; improving profitability through control measures. |
Geographical revenue split Not specified; primarily Indian coastal operations. |
Order book - |
Whats driving growth Infrastructure investments, diversification into new species, and industrial park development. |
Our future plans Scaling aquaculture operations, expanding industrial park offering, sustainable growth focus. |
Our green promise Committed to clean energy access and environment-friendly aquaculture practices under Coastal Aquaculture Authority guidelines. |
Our people and values Board includes a blend of executive and independent directors emphasizing compliance and governance. |
Key challenges ahead Restarting operations, scaling revenue, market competition, and regulatory compliance. |
Interesting facts Operates a 300-acre industrial park with port connectivity and proximity to operational airport aiding logistics. |
Risks and strategy Managing operational inactivity risk with infrastructure investments and governance to restore growth and stakeholder value. |