About Company
Sharat Industries Limited (SIL) is the oldest integrated aquaculture company in India. The company consists of four divisions :
Shrimp Hatchery
Farm
Feed Mill
Processing Plant
Hatchery
The shrimp hatchery at SIL is one of the well established hatcheries in the country with a production capacity of more than 400 million seedlings. The hatchery currently produces Vannamei seedlings, and is the first hatchery in the country to have introduced and nativised the species, which has its origins in the pacific region.
SIL has a long term association with SIS, Florida and uses only specific pathogen free (SPF) broodstock for the production of its seedlings. Stringent quality norms ensure the production of robust and disease resistant seedlings.
Farm
Located on the coast of the Bay of Bengal, the Farm consists of a water spread area of about 500 acres. It's proximity to the sea enables the use of sea water for the farming operations. The well planned interlocking canals throughout the farm facilitate an uninterrupted supply of sea water for the healthy growth of shrimp.
With a potential to produce over 2000 tonnes of shrimp per annum, SIL has one of the largest shrimp farms in the country. A combination of modern technology and environment friendly farming techniques helps SIL produce good quality shrimp, free from antibiotics.
In addition to ensuring good quality end products, SIL places a strong emphasis on sustainable and environment-friendly shrimp farming operations. In recent times, the company has upgraded its facilities by implementing automation in several sectors of shrimp farming like the feeding process and real-time monitoring of water quality. The company has also invested extensively in liner ponds and a hi-tech nursery section to further boost productivity and quality.
Feed Mill
To ensure that the shrimp produced in its farm are given the best quality feed, SIL began producing shrimp feed in its very own shrimp manufacturing facility. Originally built to cater exclusively to SIL's farm, the Feed Mill ramped up production in recent years and now supplies feed to several farmers in the state.
With a production capacity of more than 20,000 tonnes, SIL is one of the largest shrimp feed manufacturers in the state. Owing to its high quality and nutritional value, SIL's shrimp feed, VANNASTAR, has come to be widely accepted by shrimp farmers in the state.
Processing Plant
Established well over a decade ago, SIL's Processing Plant consists of state-of-the-art infrastructure and ultra modern processing equipment. The plant is built in conformity with international standards. The plant has widely accepted accreditations such as EIA, EU and FDA approvals.
With a processing capacity of more than 7500 tonnes of frozen shrimp per annum, SIL is one of the largest processors and exporters of shrimp in the country. The plant's top laboratory facilities and rigorous testing procedures ensure that all it's processed products are antibiotic-free and of superior quality.
Processing Plant Facilities :
2 Individual Quick Freezers (combined capacity of 1.5 tonnes per hour)
3 Plate Freezers (combined capacity of 1.5 tonnes per hour)
1 Blast Freezer (capacity : 15 tonnes per day)
6 Cold Stores (combined capacity of 1500 tonnes)
1 Cooker
State-of-the-art Quality Control Lab
Modernised Effluent Treatment Plant (ETP)
Over 60,000 Square feet of floor space for processing operations
In its initial years, the company successfully cultured and processed Black Tiger shrimp before eventually producing Scampi shrimp.
Sharat Industries Limited (SIL) prides itself in being the pioneer of Vannamei (white shrimp) culture in India. This was possible through the vision and sustained efforts of its dynamic Managing Director, S. Prasad Reddy . Sharat Industries Limited was formerly known as Sharat Sea Foods
Through the efforts of its efficient management and able team, SIL has sustained itself for almost three decades in the ever so fluctuating field of aquaculture in India. With forward thinking and timely action, the company has managed to sail through several turbulent phases in the aquaculture industry. At a time when the aquaculture industry was at an all time low, owing to the failure of black tiger and scampi culture, SIL gave a new lease of life to the industry by introducing Vannamei breeding and culture in the country. Thanks to this initiative, today, Vannamei is now a household name in the aquaculture dependent states of India.
Having exported its products to clients all over the world for more than 15 years, SIL is well equipped to cater to the needs of different market segments. The company's adherence to stringent quality standards has ensured a demand for its wide range of products.
The company has a blend of youthful and experienced work force that constantly tries to innovate and deliver results by adopting the best practices in the field.
Source - http://www.sharatindustries.com/
Year High - 41
Year Low - 72
Returns
1 week - 3%
1 month - Minus 3%
6 months - Minus 17%
12 months - Minus 32%
Technicals - Moving Averages
20 DMA - 58
50 DMA - 57
100 DMA - 51
200 DMA - 54
Date 07 June 2023
This post is bought to you by Smart Investors - Indias Most Knowledgeable Equity Researchers.
For more informative videos
Like, Share and Comment on Vidoes.
Subscribe to our channel to get new video alerts.
Contact - intellinvestor@gmail.com or whatsapp@
Social Media Links -
Youtube Channel - https://www.youtube.com/@Smart_Investor1
Linkedin - https://www.linkedin.com/in/smartinvestor1/
Instagram - https://www.instagram.com/smrtinvestr/
Blogs - https://ingeniousinvestor.blogspot.com/
Twitter - https://twitter.com/SmartInvestor