What we do VSF Projects Ltd, originally Vijaya Shrimp Farms, transitioned from shrimp farming to construction and infrastructure, now developing a multi-product Free Trade Warehousing Zone in Andhra Pradesh. |
Founded in 1,992 |
Market share Emerging player in infrastructure development and free trade warehousing zone setup in Andhra Pradesh with niche focus. |
Problem solved Offers infrastructure solutions and specialized warehousing to enhance trade facilitation and logistics efficiency in the region. |
Top clients or who we serve Primarily B2B, serving industries requiring warehousing, logistics, and construction infrastructure services in South India. |
Key management Bobba Narayana Murthy (Chairman and Managing Director) and a professional board including independent directors. |
Our journey and innovations Started as a shrimp farm in 1992, pivoted post-viral challenges to infrastructure, incorporated a subsidiary for thermal power projects, and currently focusing on FTWZ development. |
Where we operate Operations focused in Andhra Pradesh, India, primarily Nellore district for the FTWZ project. |
Top products or what we offer Construction and infrastructure development services, Free Trade Warehousing Zone facilities, and energy project development through subsidiary. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Current revenue mainly from interest on deposits; operational revenues expected to be cyclical and project-based in construction and infrastructure. |
Our industry position Small-scale infrastructure developer with growing focus on FTWZ projects; position evolving post-shrimp sector exit. |
Financial highlights FY 2024-25 total revenue Rs. 42.88 lakh (mostly other income), loss Rs. 26.98 lakh; Prior year reported profit mainly due to exceptional items. |
Geographical revenue split - |
Order book - |
Whats driving growth Development of Multi Product Free Trade Warehousing Zone and infrastructure projects, supported by regulatory approvals and strategic share capital infusion. |
Our future plans Complete and operationalize the FTWZ in Anakalapatur over 50 hectares, expand infrastructure offerings and stabilize revenue streams. |
Our green promise - |
Our people and values Committed to compliance, corporate governance, and inclusive workplace policies including anti-sexual harassment and whistleblower mechanisms. |
Key challenges ahead Recovering from legacy business exit, managing project execution risks, financial losses, and market uncertainties in infrastructure sector. |
Interesting facts Company evolved from pioneering shrimp farming enterprise to infrastructure developer over three decades. |
Risks and strategy Mitigating operational risks via strong governance, adopting diversified infrastructure projects, and focusing on regulated warehousing sector for stable growth. |
