Company Overview

Shanti Overseas (India) Ltd is an agri-commodities processing and trading company incorporated in 2011, specializing in the manufacturing of soya products. The company was originally formed as a partnership firm in November 2004 and converted to a private limited company in April 2011, before going public. Founded in 2004, the company is headquartered in Indore, India.

Shanti Overseas is engaged in trading and manufacturing agri-commodities with a focus on soya products including organic soybean seed, organic soybean meal, organic soya refined oil, and organic soybean lecithin. Operating as an export house based in central India, the company has overseas operations covering markets from the United States to Europe.

Business Operations and Products

The company operates across multiple segments of the agricultural value chain. Shanti Overseas is engaged in processing and trading of agri commodities and manufacturing of soya products which includes soya de-oiled cakes (soya meal), soya crude oil, degummed oil, and soya lecithin. Its export sales primarily include soybean meal, while domestic sales encompass soybean crude oil, soybean, soya soap stocks, sunflower lecithin, soybean refined oil, soy lecithin, soy fatty acid, and soybean meal.

The company processes and trades agri commodities such as chickpeas, soyabean, cracked corn, maize, yellow peas, and pulses. It has been awarded One Star Export House status and holds ISO 22000:2005 and FSSAI Licence for processing activities, along with Kosher and USFDA registrations.

Financial Performance

#### FY25 Financial Results

For the year ended March 2025, Shanti Overseas reported sales of ₹23.84 crore, representing a significant growth of 123.64% compared to ₹10.66 crore in the previous year. However, the company posted a net loss of ₹2.79 crore for FY25 compared to a net loss of ₹1.53 crore in FY24.

#### Q1 FY25 Performance

In Q1 FY25 (quarter ended March 2025), the company reported a net profit of ₹0.28 crore against a net loss of ₹0.09 crore in the same quarter of the previous year, with sales rising 14.84% to ₹1.47 crore.

#### Market Capitalization and Valuation

As of July 15, 2025, the market capitalization of Shanti Overseas stands at ₹13.33 crore. The stock has a 52-week high of ₹23.87 and a 52-week low of ₹10.03. The company currently trades at a P/E ratio of -4.78.

Key Financial Metrics

- FY25 Performance: Sales of ₹23.84 crore, Net Loss of ₹2.79 crore

- Q1 FY25 Performance: Sales of ₹1.47 crore, Net Profit of ₹0.28 crore

- Market Capitalization: ₹13.33 crore (as of July 15, 2025)

- P/E Ratio: -4.78

- 52-Week High/Low: ₹23.87 / ₹10.03

Stock Exchange Listing

Shanti Overseas India Ltd is listed and trades on the NSE (National Stock Exchange) under the symbol SHANTI. The stock is categorized under the BE (Book Entry) segment on NSE.

Key Challenges and Performance Metrics

The company faces several operational challenges. Promoter holding has decreased by 2.92% over the last quarter, and the company has delivered poor sales growth of -31.6% over the past five years. The company has a low interest coverage ratio and a low return on equity of -18.4% over the last 3 years.

Over the last 5 years, revenue has grown at a yearly rate of -30.94% versus the industry average of 12.45%, and market share has decreased from 0.24% to 0.02%.

Leadership and Management

The company is led by Chairman Ayush Kacholia, with Ramita Otwani serving as Company Secretary and Compliance Officer. The promoters include Ayush Kacholia, Ramita Otwani, Pooja Chordia, Shribala Mandhanya, Karuna Kacholia, Rahul Jain, and Devyani Chhajed.

Recent Corporate Developments

On May 23, 2025, the company's board approved audited FY25 financial results and discussed potential acquisitions for expansion. Recently, the company has incorporated two wholly-owned subsidiaries: Biograin Protinex Private Ltd and Shaan Agro Oils Extractions Private Ltd.

The company continues to focus on expanding its presence in the agri-commodities sector while working to improve operational efficiency and profitability in a challenging market environment.