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Sri Vijaya Visakha Milk Producers Company Limited (Part - Ix A ) (India)

Main Activities: Dairy Product Manufacturing
Full name: Sri Vijaya Visakha Milk Producers Company Limited (Part - Ix A ) Profile Updated: March 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Sri Vijaya Visakha Milk Producers Company Limited, also known as Visakha Dairy, is a dairy manufacturing company located in Visakhapatnam, Andhra Pradesh. It was established in 1973 under the Co-operative Societies Act and started its dairy plant in 1977 with a handling capacity of 50,000 liters per day. In 1999, it was converted into a mutually aided cooperative union under the MACS Act. Later, in 2006, it became a producer company under the Companies Act 1956. Visakha Dairy operates two plants in Visakhapatnam and Rangampeta, equipped with state-of-the-art technology and ISO 22000:2018 certified. The plants have a combined capacity of handling up to 9 lakh liters per day. The company manufactures various dairy products such as fresh milk, UHT milk, curd, butter milk, yogurt, milkshakes, flavored milk, ghee, paneer, butter, skimmed milk powder, sweets, and bakery items. These products are sold in Andhra Pradesh, Telangana, Odisha, and Chattisgarh markets. Visakha Dairy has established training centers to provide farmers with training on clean milk programs, nutritional aspects, fodder requirements, and animal health care. It has also set up veterinary health centers, mobile veterinary service vehicles, and cattle feed plants to support animal health and breed development. The company has constructed bulk milk cooling centers and a milk powder plant to improve quality and reduce spoilage. Additionally, it has aseptic packing stations for UHT milk production and a solar power plant for renewable energy usage. Visakha Dairy employs over 1500 direct employees and provides medical facilities, education, and infrastructure development through its welfare trust. The company aims to procure 10 lakh liters of milk per day and achieve a turnover of Rs. 2000 crores by 2025. Sri Vijaya Visakha Milk Producers Company Limited is a private company registered with the Registrar of Companies in Vijayawada. Its current status is active.

Legal Address
Visakha Dairy, Akkireddipalem Village, Bhpv Post Gajuwaka Mandal
Visakhapatnam; Andhra Pradesh; Postal Code: 530012

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Website: http://WWW.VISAKHADAIRY.COM

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 06, 2006
Key Executives
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Promoter Director
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Promoter Director
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Promoter Director
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Promoter Director
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Casual Vacancy Director
Ownership Details
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99.48%
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0.23%
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0.23%
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0.02%
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0.02%
Company Performance
Financial values in the chart are available after Sri Vijaya Visakha Milk Producers Company Limited (Part - Ix A ) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
11.02%
Total operating revenue
10.83%
Operating profit (EBIT)
234.79%
EBITDA
63.35%
Net Profit (Loss) for the Period
234.79%
Total assets
-0.36%
Total equity
14.58%
Operating Profit Margin (ROS)
0.75%
Net Profit Margin
0.56%
Return on Equity (ROE)
2.99%
Quick Ratio
0.09%
Cash Ratio
-0.07%

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