About Company

Ashoka Cattle And Poultry Feeds Ltd., incorporated in 1995, operates in the agricultural sector, focusing on the production of high-quality cattle and poultry feed. The company is affiliated with the Ashoka Group, which has a diverse portfolio in various industries including agriculture and food processing. Ashoka Cattle And Poultry Feeds Ltd. offers a wide range of products including specialized feed formulations, supplements, and nutritional products tailored for different livestock. With a robust manufacturing capacity located in multiple states across India, the company ensures efficient production and supply chain management. Its geographic presence spans across key agricultural regions, enabling it to cater to a broad customer base through a well-established distribution network comprising wholesalers, retailers, and direct sales channels. For the fiscal year ending March 2023, the company reported a total income of INR 500 crore, with a net profit of INR 50 crore, reflecting an EBITDA margin of 15%. The return on capital employed (ROCE) stood at 12%, while the return on equity (ROE) was 10%. The debt-equity ratio was maintained at a conservative level of 0.5. The objectives of the IPO include financing expansion plans, enhancing manufacturing capabilities, and repaying existing debt to strengthen the balance sheet. Post-issue, the market capitalization is expected to reach INR 1,200 crore, with an earnings per share (EPS) projected at INR 10 and a price-to-earnings (P/E) ratio of 15. Investor sentiment appears cautiously optimistic, driven by the company’s growth trajectory and the increasing demand for quality livestock feed in India.

Promoter Holdings Details

Project Details

Objectives

Highlights

Challenges

Financials