Nitta Gelatin India Ltd. – Company Report
1. Company Overview
Nitta Gelatin India Ltd. (NGIL), founded in 1975 as a joint venture between Nitta Gelatin Inc. (Japan) and Kerala State Industrial Development Corporation, is a leading Indian manufacturer of gelatin, collagen peptides, and related bio-nutritional products. The company is headquartered in Kochi, Kerala, with major manufacturing operations located in Chalakudi, Kerala. NGIL is ISO 9001:2015 and ISO 14001:2015 certified, and employs approximately 201–500 people. With a strong Indo-Japanese partnership, NGIL has earned a reputation for advanced technology, research capability, and quality assurance, serving over 35 countries globally.
- Incorporated: 1975
- Headquarters: Kochi, Kerala, India
- Listed: BSE, NSE
- Employees: 201–500
- Certifications: ISO 9001:2015, ISO 14001:2015
- Leadership: Professional management with Indo-Japanese collaboration
- Export Presence: 35+ countries
2. Products and Services
NGIL operates across pharmaceutical, food, nutraceutical, agriculture, and industrial sectors with a robust portfolio:
Gelatin: Used in pharmaceutical capsules, confectionery, dairy, meat, and industrial applications.
Collagen Peptides (Wellnex™): Clinically proven supplement for bone, joint, and skin health, marketed in domestic and export wellness markets.
Di-Calcium Phosphate (DCP): Animal feed additive, especially for poultry and livestock nutrition.
Ossein: Raw material for gelatin; also used in fertilizers and pharmaceuticals.
Chitosan: Used in agriculture (as a seed coating), food preservation, and water purification.
By-products: Functional proteins, bone meal, and agricultural supplements.
Export Strength: Over 60% of products exported, underscoring global competitiveness in B2B ingredients and branded nutraceuticals.
NGIL’s R&D capabilities and quality systems support high-value applications and brand extensions like Wellnex™ Collagen Peptides.
3. Recent News and Developments
New Managing Director Appointment: Praveen Venkataramanan to assume role as Managing Director from August 5, 2024, succeeding Sajiv K. Menon. Praveen brings experience from Synthite and is an alumnus of ISB.
Kochi Expansion Project (May 2024): Launched a ₹200 crore expansion project at Kakkanad to boost collagen peptide capacity. Expected commissioning: Mid-2025.
Nitta Gelatin unveils ₹200 cr expansion (July 2025): The initiative includes a new gelatin unit, a state-of-the-art collagen peptide plant, and new product lines aimed at the high-demand health and wellness market.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Income | ₹533 crore |
| Operating Profit | ₹105 crore |
| Net Profit | ₹83.9 crore |
| Operating Margin | 20% |
| Earnings Per Share | ₹92.45 |
| Dividend Payout % | 9% |
| Debt | Almost debt-free |