Anmol Feeds Targets 10-15% Annual Revenue Growth

Livestock and fish feed manufacturer Anmol Feeds is aiming for an annual revenue growth of 10% to 15%, with its current turnover standing at Rs 650 crore, a company official told PTI.

The company is also in the process of establishing new broiler breeding and shrimp feed plants in West Bengal, with a combined investment of Rs 50 crore.

Amit Saraogi, Managing Director of Anmol Feeds, stated, "The company is looking at a revenue growth of 10% to 15% per annum with the present turnover pegged at Rs 650 crore. The company is also debt free."

Founded in Bihar in 2000, Anmol Feeds specialises in the production of poultry, cattle, floating fish (ponds and aquariums), and pig feed.

Anmol Feeds operates plants in West Bengal, Bihar, Jharkhand, Uttar Pradesh, and other states, Saraogi noted.

The company exports its feed products to Bhutan, Nepal, and Bangladesh, with poultry and aqua (fish and shrimp) being the largest revenue contributors. Currently, shrimp feed is sourced from Andhra Pradesh.