B L Agro Industries Company Overview and Performance

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A high-quality image showcasing a close-up view of freshly harvested taro roots, capturing their natural texture and color.
Credit: pexels.com, A high-quality image showcasing a close-up view of freshly harvested taro roots, capturing their natural texture and color.

B.L. Agro Industries is a leading player in the Indian agro-processing industry. The company was founded in 1995 by a group of entrepreneurs who identified the potential for growth in the sector.

B.L. Agro Industries has a diverse product portfolio that includes edible oils, soaps, and other consumer goods. The company's product range is designed to cater to the needs of both domestic and international markets.

B.L. Agro Industries has a strong presence in the Indian market, with a significant share of the edible oil market. The company's products are widely available in various retail and wholesale channels across the country.

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Financial Highlights

B.L. Agro Industries has shown a steady increase in sales over the years, with a notable jump from 1,654.7 in March 2020 to 3,596.3 in March 2022.

Their operating profit has also seen a significant rise, from 69.6 in March 2020 to 158.8 in March 2023.

The company's net profit has experienced a substantial growth, increasing from 5.3 in March 2020 to 90.6 in March 2023.

Credit: youtube.com, BL Agro Oils Corporate Film

Their gross margin has fluctuated over the years, ranging from 11.0 in March 2022 to 14.2 in March 2024.

The operating margin has remained relatively consistent, ranging from 3.8 in March 2022 to 4.6 in March 2023.

Net margin has also shown a steady increase, rising from 0.3 in March 2020 to 2.6 in March 2023.

Here's a breakdown of the company's net worth and borrowings over the years:

Their debt to equity ratio has decreased over the years, from 1.7 in March 2020 to 1.3 in March 2024.

The company's current ratio has also shown a decline, from 1.4 in March 2020 to 1.0 in March 2024.

The return on equity (ROE) has fluctuated, ranging from 2.0 in March 2020 to 21.2 in March 2023.

Days payable has ranged from 7.0 in March 2020 to 33.0 in March 2023.

Working capital days have decreased significantly, from 37.0 in March 2020 to 2.0 in March 2024.

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Ownership and Deals

Credit: youtube.com, Leads Connect Receives ₹500 Cr From BL Agro Industries | CNBC TV18

B.L. Agro Industries has a significant promoter holding of 95.73% as of 2023. This means that the company is largely owned by its promoters.

The public holding in B.L. Agro Industries is relatively low at 4.27%, indicating that the company is not widely held by the general public.

As of 2023, B.L. Agro Industries had two subsidiaries, which can provide valuable insights into the company's operations and growth strategies.

The company's financials are substantial, with a total of ₹9,387,890,000.00 in assets and ₹6,390,100,000.00 in liabilities.

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Ownership Structure

In 2023, B.L. Agro Industries had a significant promoter holding of 95.73%. This means that the company's founders and key stakeholders had a substantial amount of control over the business.

The public holding of the company was relatively low at 4.27%. This suggests that the company's shares are not widely distributed among the general public.

B.L. Agro Industries had two subsidiaries, indicating that the company has expanded its operations through strategic partnerships or acquisitions.

The company's financials reveal a large amount of funds, with ₹9,387,890,000.00 in total and ₹6,390,100,000.00 in another specific amount.

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Deals I

Credit: youtube.com, Fixing Ownership Of Deals

B.L. Agro Industries has a rich history of strategic partnerships and financial agreements that have significantly impacted its growth.

The company has been involved in various mergers and acquisitions, which have helped expand its operations and market reach.

One notable transaction is the security allotment data, which provides valuable insights into the company's financial dealings.

In addition to mergers and acquisitions, B.L. Agro Industries has also been involved in divestitures, which have allowed the company to focus on its core business.

The company's financial agreements have played a crucial role in shaping its trajectory, and understanding these agreements is essential to grasping the company's overall strategy.

B.L. Agro Industries's deals have had a lasting impact on the company's growth and development.

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Risk and Performance

B.L. Agro Industries has experienced a minor drop in revenue, but this decline is not a major concern. The company's revenue decreased by 3.95% in 2023 compared to the previous year.

Credit: youtube.com, ELI - 348 | Ashish Khandelwal (Managing Director of B.L. Agro Industries - Mustard oil and Agro)

The financial performance of B.L. Agro Industries is a mixed bag. The company's profitability has seen a substantial improvement, with a 70.61% increase in profit. This is a positive sign for the company.

However, there are some red flags that the company needs to address. The interest coverage is low, which means the company may struggle to meet its interest payments. Additionally, the receivables are deteriorating, which can lead to cash flow problems.

The company's cash balance is also low, which can limit its ability to invest in new projects or respond to unexpected expenses. Furthermore, the inventory is low, which can lead to stockouts and lost sales.

Here are the key risks and performance metrics for B.L. Agro Industries:

Key Indicators

B.L. Agro Industries Limited has a comprehensive financial performance record, which is a crucial aspect to consider when evaluating the company.

The company's financial performance is a key indicator of its overall health and stability.

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Credit: youtube.com, The Guiding Beacon to all Processes at B L AGRO Industries Ltd. | BL Agro | Purity & Quality

According to the company's records, B.L. Agro Industries Limited has a strong compliance record, which is essential for its operations and reputation.

Compliance records are a critical aspect of a company's image and standing in the market.

B.L. Agro Industries Limited has a diverse competitor landscape, with various companies operating in the same sector.

Understanding the competitor landscape is vital for a company's growth and strategy.

The company's shareholding patterns are also an important aspect to consider, as it can impact its decision-making and direction.

Shareholding patterns can significantly influence a company's direction and decision-making processes.

B.L. Agro Industries Limited has a team of experienced directors who play a crucial role in the company's management and decision-making.

The directors' experience and expertise are essential for the company's success and growth.

The company's key metrics, such as revenue and profit, are also important indicators of its performance.

Key metrics provide valuable insights into a company's financial health and performance.

B.L. Agro Industries Limited has a litigation history, which can impact its reputation and operations.

A company's litigation history can have significant consequences for its reputation and operations.

Management and Leadership

Credit: youtube.com, BL Agro, featured in 24th Ed of Greatest Brands & Leaders 2020-21 Asia, ME & Africa by ZEE TV MENA

B.L. Agro Industries has a robust management and leadership structure in place. The company's leadership team is comprised of experienced professionals who have a deep understanding of the agricultural industry.

The company's CEO has a strong vision for the company's future growth and has implemented various strategies to drive innovation and efficiency. This includes investing in cutting-edge technology and expanding the company's product portfolio.

The company's management team is known for its commitment to excellence and has implemented a rigorous quality control process to ensure that all products meet the highest standards. This has resulted in the company receiving numerous awards and recognition for its quality products.

Company Employee Count

B.L. Agro Industries has a significant workforce of 1907 employees as of April 9, 2024. This number gives us a glimpse into the company's operational scale.

The company's employee count is substantial, indicating a considerable amount of resources and personnel dedicated to its operations.

B.L. Agro Industries has a workforce of 1907 employees as of April 9, 2024.

Ashish Khandelwal Aims to Extend Reign, Not Dominate India

Credit: youtube.com, BL Agro Congratulates Daifuku on Launching In India | Mr. Ashish Khandelwal

Ashish Khandelwal aims to extend his reign, not dominate India. He's a leader who believes in empowering others to take charge and make decisions.

Ashish's leadership style is focused on collaboration and open communication. He encourages his team to share their ideas and opinions, creating a safe and inclusive environment.

By empowering others, Ashish has been able to achieve great results without dominating the team. He's a true leader who knows how to get the best out of his people.

Ashish's approach to leadership is all about building trust and respect. He leads by example, demonstrating a strong work ethic and a commitment to excellence.

Through his leadership, Ashish has been able to create a positive and productive work environment. His team is motivated and engaged, working together towards a common goal.

Products and Services

B.L. Agro Industries offers a range of products and services that cater to the diverse needs of its customers.

Credit: youtube.com, BL Agro Product Part 2

The company's main products include soybean, mustard, and sunflower seeds, which are primarily used for oil extraction and other industrial applications. These products are sourced from the company's vast network of farmers and suppliers.

B.L. Agro Industries also provides agricultural services to its clients, including farming, processing, and logistics. This comprehensive approach enables the company to maintain control over the entire supply chain.

The company's products and services are designed to meet the high standards of quality and efficiency required by its clients. B.L. Agro Industries has a proven track record of delivering reliable and consistent results.

Through its extensive network of suppliers and farmers, B.L. Agro Industries is able to source high-quality products at competitive prices. This enables the company to offer its clients a unique value proposition.

The company's commitment to quality and efficiency has earned it a reputation as a trusted and reliable partner in the agricultural industry.

CSR Initiatives

BL Agro has made significant strides in reducing its carbon footprint by operating its manufacturing units in the Bareilly district of Uttar Pradesh on 100% solar power.

Credit: youtube.com, BL agro oils LTD. Bareilly | parsakhera industries | bail kolhu parsakhera | parsakhera oil refinary

The company has also taken the initiative to improve air quality by installing air purifiers across its manufacturing units, making the Parsakhera Industrial Area in Bareilly a cleaner and healthier place.

In 2015, BL Agro started a plantation drive, which has resulted in over 15,000 saplings being planted in the city to date.

The company has also been at the forefront of providing essential nutrition to the less privileged, distributing 100 nutrition kits every month to those in need in the Bareilly district.

BL Agro took proactive steps during the COVID-19 pandemic by conducting a vaccination drive for its employees and their families, making its campus and factory area 100% vaccinated.

In May 2022, the company organized a medical camp at its corporate office in Bareilly, where employees underwent medical check-ups and received free medicines.

In a notable recognition of its CSR efforts, BL Agro was granted the naming rights of New Delhi Railway Station platforms 14, 15, and 16 in November 2022.

Frequently Asked Questions

What is the turnover of BL Agro?

BL Agro's turnover stood at Rs 2,173 crore in the last fiscal year. This significant revenue milestone reflects the company's growth and expansion efforts.

What is the credit rating of BL Agro Industries Ltd?

BL Agro Industries Ltd has a credit rating of 'Crisil A-/Stable/Crisil A2+', indicating a high creditworthiness and stable financial position. This upgrade reflects a positive assessment of the company's credit profile.

Sean Dooley

Lead Writer

Sean Dooley is a seasoned writer with a passion for crafting engaging content. With a strong background in research and analysis, Sean has developed a keen eye for detail and a talent for distilling complex information into clear, concise language. Sean's portfolio includes a wide range of articles on topics such as accounting services, where he has demonstrated a deep understanding of financial concepts and a ability to communicate them effectively to diverse audiences.

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