Shri Venkatesh Refineries Limited – Company Report
1. Company Overview
Shri Venkatesh Refineries Limited (SVRL), incorporated in 2003 and based in Jalgaon, Maharashtra, is a prominent mid-sized Indian manufacturer and distributor of edible oils. The company operates under well-known brands including “Rich Soya,” “Rich Sun,” and “Silver Gold,” focusing on high-quality, affordable, and healthy cooking oils. Initially started as a private company by three young founders—Dinesh Ganapati Kabre, Ramesh Ganapati Kabre, and Anil Ganapati Kabre—it transitioned to a public limited entity and was listed on the BSE SME Exchange in October 2021. SVRL has built a significant regional presence, especially in Maharashtra and Madhya Pradesh, and has expanded its distribution network to 145+ dealers and distributors across India. As of 2025, the company’s manufacturing plant boasts a refining capacity of 36,000 TPA and uses solar power as part of its green initiative. The company is nearly debt-free with healthy capital and prudent management, led by Managing Director Dinesh Ganapati Kabre.
- Incorporated: 2003
- Headquarters: Jalgaon, Maharashtra, India
- Certification: ISO-compliant; strong quality and food safety practices
- Leadership: Dinesh Ganapati Kabre (MD & Chairman), Prasad Dinesh Kabre (CFO & Whole Time Director), Anil Ganapati Kabre (Whole Time Director)
- Listed: BSE SME (since Oct 2021)
- Market Cap (Aug 2025): ~₹555 crore
- Core Focus: Edible oil refining and trading (soyabean, cottonseed, sunflower, palm oil)
- Brand Portfolio: Rich Soya, Rich Sun, Silver Gold
2. Products and Services
SVRL specializes in the production, refining, packaging, and trade of a wide range of edible oils and associated by-products:
Edible Oils:
- Soyabean Oil (flagship under Rich Soya)
- Cottonseed Oil
- Sunflower Oil (under Rich Sun)
- Palm Oil and by-products
- Mustard Oil
Product Formats:
- Retail packs, tin cans (various sizes), 1-Liter pouches, and bulk supply
Value-Added By-Products:
- Lecithin (from soy processing)
- Crude & Refined Oils for industrial and commercial clients
Manufacturing & Process Innovations:
- State-of-the-art plant and machinery
- Dedicated lecithin plant and in-house solar power for captive use
- Robust food safety controls and quality assurance
Distribution Network:
- 145+ dealers/distributors across India
- Primary markets: Maharashtra, Madhya Pradesh, and expanding nationally
SVRL’s product portfolio is widely used across households, foodservice, and large-scale industrial food manufacturing owing to its focus on quality and cost efficiency.
3. Recent News and Financial Performance
Business Developments:
- Launched a new product line (July/August 2025) as part of its push toward portfolio expansion and value-added processing
- Expanded the “Rich Soya” and “Rich Sun” brands in Western and Central India
- Invested in plant modernization, capacity expansion, and solar-powered energy efficiency
- Achieved steady revenue growth, driven by higher sales volumes and improved average realizations
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Revenue from Operations | ₹701.6 crore |
| Net Profit (PAT) | ₹18.08 crore |
| Operating Profit Margin | 5% |
| Net Profit Margin | 2.57% |
| EPS | ₹8.17 |
| Return on Equity (ROE) | 20.6% |
| Dividend | None announced (FY2025) |