What we do Khandelwal Extractions Ltd manufactures and sells solvent oil, transitioning primarily to leasing godown spaces after closing extraction operations by 2022. |
Founded in 1,981 |
Market share A niche player in solvent oil manufacturing; recently shifting focus to asset leasing in Unnao region. |
Problem solved Provides solvent oil and asset leasing solutions, optimizing underutilized industrial infrastructure. |
Top clients or who we serve B2B clients including Godrej Agrovet; primarily commercial leasing tenants and related industries. |
Key management Mr. Dinesh Khandelwal, Whole-time Director (Finance) & CFO; Mr. Vishwa Nath Khandelwal, Whole-time Director (Works). |
Our journey and innovations Founded in 1981; ceased solvent extraction by 2018, sold plant assets in 2022; now focuses on godown leasing. |
Where we operate Operations and leasing in Kanpur and Unnao, India, with clients like Godrej Agrovet. |
Top products or what we offer Solvent oil production historically; currently active in leasing godown facilities approx. 49,511 sq. ft. |
Top brands - |
Raw materials needed Raw materials for solvent oil production historically included rice bran; currently not applicable. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue now largely recurring from leasing; previously cyclical from extraction operations. |
Our industry position Small scale extraction player, transitioning to property leasing with long-term rental agreements. |
Financial highlights FY 2024-25 revenue Rs. 72.81 lakhs; net profit Rs. 29.60 lakhs; stable profitability with shifting business model. |
Geographical revenue split Primarily India, focused regionally in Uttar Pradesh's Kanpur and Unnao districts. |
Order book - |
Whats driving growth Growth from leasing infrastructure assets, stable tenancy with notable lessees like Godrej Agrovet. |
Our future plans Focus on leasing vacant godown spaces; enhancing asset utilization and exploring new rental agreements. |
Our green promise - |
Our people and values Employees focus on maintaining godown assets; corporate governance driven by a small management team. |
Key challenges ahead Securing tenants for vacant godowns; managing transition from manufacturing to asset leasing model. |
Interesting facts Company successfully pivoted from solvent extraction to property leasing amidst industry challenges. |
Risks and strategy Risk from vacancy and market demand; strategy includes aggressive leasing and maintaining strong client relationships. |
