KN Agri Resources Ltd. – Company Report
1. Company Overview
KN Agri Resources Ltd. (KNARL), founded in 1987 and headquartered in Mumbai, is a fully integrated Indian agri-business and food company, active across the entire farm-to-fork value chain. The company is engaged in the procurement, processing, packaging, and distribution of agricultural commodities, edible oils, animal feed, and flour-based products. Its production footprint is centered in Madhya Pradesh, with three solvent extraction plants, two oil refineries, and a flour mill, in addition to a growing presence in renewable energy.
The company is among India’s top five soybean processors, with an expanding B2B clientele that includes industry majors like Adani Wilmar, Cargill, Bunge, Olam, Agrocorp, Godrej Agrovet, and ITC. KNARL is publicly listed on the BSE and NSE, with an employee base of over 220.
- Incorporated: 1987
- Headquarters: Mumbai, Maharashtra
- Manufacturing Locations: Madhya Pradesh
- Facilities: 3 solvent plants, 2 refineries, 1 flour mill
- Renewable Energy: 4 windmills (total capacity: 4.6 MW)
- Brands: “CLASSIC” (oils), “KHANPAN” (flour and wheat products)
- Listed On: BSE, NSE
2. Products and Services
KNARL offers a diversified product portfolio spanning edible oils, protein meals, flour-based foods, agri-commodities, and renewable energy:
Agri-Processing & Manufacturing:
Edible Oils:
- Refined soya oil, crude soya oil, degummed soya oil
- Cottonseed oil, refined rapeseed oil, acid oil
Value-Added Soy Products:
- Soya de-oiled cake, high-protein (Hipro) soya meal
- Soya lecithin, soya grids, flakes, and flour
Animal Feed Ingredients:
- Protein-rich de-oiled cakes for livestock and poultry
Wheat Milling Products (KHANPAN brand):
- Wheat flour (atta), refined wheat flour (maida), semolina (sooji)
Agro-Commodity Procurement & Distribution:
- Bulk trading of staples like soybean, wheat, maize, sugar, gram, and pulses
- Direct sourcing through village-level procurement centers ("Chaupals")
Export & Institutional Sales:
- Lecithin exports to Europe; institutional supply to food, pharma, and confectionery sectors
Renewable Energy:
- Operates four windmills across Madhya Pradesh, Maharashtra, and Rajasthan as part of its sustainability initiatives
3. Recent News and Financial Performance
Strategic Developments:
- Capacity Expansion: Enhanced refining and extraction capacities across facilities in FY2025
- Supply Chain Digitization: Continued investment in procurement tech and decentralized sourcing
- Client Base Growth: Strengthened B2B relationships with agri and FMCG majors
- Geographic Reach: Products marketed in over 15 Indian states
Strategic Acquisitions in Bio-Energy:
- Acquisition of Sharaad KN Bio-organics (51% stake) in January 2025, marking an entry into the sugar and ethanol sector
- Sugarcane crushing capacity: 3,300 TPD
- Ethanol production capacity: 300 KLPD (multi-feed)
- October 2024: Approved majority stake acquisition in another sugar and ethanol unit (3,000 TPD & 300 KLPD)
- Holds a 26% equity stake in a 120 KLPD molasses-based ethanol plant in Nashik
These moves mark a significant diversification strategy into agri-energy and biofuels, complementing KNARL’s core strengths.
4. Financial Performance (FY2025 – Consolidated)
| Key Metric | FY2025 Result |
|---|---|
| Total Revenue | ₹1,728.7 crore |
| Net Profit (PAT) | ₹37.0 crore |
| EPS | ₹14.8 |
| Operating Margin | 3.53% |
| Net Profit Margin | 2.14% |
| Return on Equity (ROE) | 11% |
| Dividend | None (FY2025) |