Top Aquaculture Companies in India 2022

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This is about the List of Top Aquaculture Product Companies in India before that take a look at Aquaculture Industry in India. Global Aquaculture Production: Aquaculture production is projected to grow from 47.2 Mn MT in 2006 to 93.6 Mn MT by 2030, while fishery production is expected to decline from 64.5 Mn MT to 58.2 Mn MT during the same time.

Globally, India ranks third largest in Fisheries and second-largest in Aquaculture, based on FY18 data as per the National Fisheries Development Board. India’s seafood exports have been growing steadily in the past decade, recording a CAGR of 10% over FY09- 18. The industry contributes about 5.2% to Agriculture GDP and about 1% of the country’s overall GDP.

Aquaculture Industry in India
Aquaculture Industry in India

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The total seafood exports from India in fiscal 2018 stood at 1,377,244 MT amounting to Rs 451 bn. Of the total seafood exports, Frozen Shrimp forms almost 40% at 565,980 MT of sales in fiscal 2018 and amounted to Rs 309 bn.

The shrimp production in the country during 2018 was 6,20,000 MTs. The key markets for Indian shrimp are USA, South East Asia, and the European Union, amongst others. India is the largest supplier of shrimp to the USA – close to 37% market share in fiscal 2019. Now let we move on to the top aquaculture companies in india

Top Aquaculture Companies in India

Here is the List of Aquaculture Product Companies in India. This list is sorted as per Total Sales in Recent year.

1. Avanti Feeds Ltd

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Based in Andhra Pradesh, India, the Company is the dominant player in India’s aquaculture sector. The Company has five shrimp feed manufacturing units and two shrimp processing and export units – all ISO certified. The largest manufacturer of shrimp feed in India.

  • Total Sales: Rs 3,851 Cr
  • Profit: 353 Cr
  • Market Cap:  6,970 Cr.
  • ROE: 23.11 %
  • Sales Growth (3Yrs): 21.69 %
  • Promoter holding43.72 %
  • Debt to equity: 0.00
  • Price to book value: 5.16

Spearheaded by Mr. Alluri Indra Kumar, the Company’s day-to-day operations are managed by an experienced and energetic team. Its shares are listed on Bombay Stock Exchange Limited and the National Stock Exchange of India Limited. The Company also operates 4 windmills with a capacity of 3.2 MW at Chitradurga, Karnataka.

2. Apex Frozen Foods Ltd

Commenced business operations in 1995, Apex Frozen Foods is one of the leading Producers and Exporters of processed, ready-to-cook, shrimp in India. The brands owned by company Bay fresh, Bay Harvest and BayPremium. It is the second among the top aquaculture companies in india.

  • Total Sales: Rs 871 Cr
  • Profit: Rs 50 Cr
  • Market Cap:  949.06 Cr.
  • ROE: 18.50 %
  • Sales Growth (3Yrs): 13.17 %
  • Promoter holding: 72.60 %
  • Debt to equity: 0.34
  • Price to book value: 2.50

Over the years, the Company has developed an integrated chain of operations with presence across the verticals – Hatchery, Farming, Processing and Exporting of shrimp. The existing facilities include 15,240 MTPA (owned + leased) of Processing capacity, close to 1,800 acres of Farm-land and combined Breeding capacity of 1.2-1.4 billion specific pathogen-free (SPF) seeds.

3. Coastal Corporation Limited

Coastal Corporation Limited (India), one of the leading producers and exporters of high-quality Aquaculture seafood products across the globe. The Company exports an extensive range of Shrimp products to millions of consumers in U.S.A, Europe, Canada, UAE, Saudi Arabia, Australia, Hongkong, Korea, China and Russia.

  • Market Cap:  234.90 Cr.
  • ROE: 39.94 %
  • Sales Growth (3Yrs): 22.45 %
  • Promoter holding: 32.92 %
  • Debt to equity: 0.70
  • Price to book value: 1.75

At Coastal boast of a cutting edge technology being used right from the sourcing to processing, packaging and delivering superior quality unadulterated Shrimps to the international market. It is third among the top aquaculture companies in india. Coastal Corporation Limited is one of the Top aquaculture Brands in India.

4. Waterbase Ltd

Waterbase Ltd. was established in 1993 as India’s first fully-integrated aquaculture company. It was initially set up in technical association with LUXE, Taiwan, which is one of the world’s largest producers of prawn and fish feeds.

  • Market Cap:  478.89 Cr.
  • ROE: 19.13 %
  • Sales Growth (3Yrs): 6.51 %
  • Promoter holding: 67.12 %
  • Debt to equity: 0.05
  • Price to book value: 2.58

The Waterbase Ltd. is promoted by the Karam Chand Thapar Group, KCT, a diversified Indian conglomerate with business interests in logistics, coal and commodity trading, capital goods, real estate and renewable energy. The company has collaborated with several industry experts, as well as leading global aquaculture institutes and universities to develop industry-wide best practices through a focus on product development, R&D, farm services and animal health care.

5. Zeal Aqua

Zeal Aqua is a leading Aquaculture company with a production capacity of 1500 tons of shrimp in the year 2015. It one of the largest producers of shrimp in Gujarat. It is the Fifth Largest Aquaculture Companies in India.

  • Market Cap:  112.20 Cr.
  • ROE: 16.73 %
  • Sales Growth (3Yrs): 24.10 %
  • Promoter holding: 68.42 %
  • Debt to equity: 1.46
  • Price to book value: 2.14

It Uses the latest technology with professional work ethic to bring the best quality shrimp to customers and end consumers. Have 66 PE-Lined ponds and more than 160 technically well designed and constructed earthen ponds. It is the Last among the top aquaculture companies in india.

So finally these are the List of Top Aquaculture Companies in India in the year 2021.

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