Company Intelligence Profile
S.P.Y. Agro Industries Limited
Hyderabad-based grain (maize) ENA distillery and IMFL bottler, part of the Nandi Group industrial conglomerate.
CIN: U01100TG2005PLC045887Active (unlisted public limited company)RoC Hyderabad / Telangana (Tofler says "Telangana", TheCompanyCheck says "Hyderabad" — same jurisdiction, minor naming variance)Confidence: medium
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | S.P.Y. Agro Industries Limited |
|---|---|
| CIN | U01100TG2005PLC045887 |
| PAN | AAJCS0911J (Tofler) |
| Status | Active (unlisted public limited company) |
| Listing | Not listed on any stock exchange — confirmed as "unlisted public company" (Tofler). |
| Incorporated | 13 April 2005 (Tofler, TheCompanyCheck — 2 sources agree) |
| ROC | RoC Hyderabad / Telangana (Tofler says "Telangana", TheCompanyCheck says "Hyderabad" — same jurisdiction, minor naming variance) |
| Sector (NIC) | NIC: Agriculture and Allied Activities / Production of crops (Tofler classification) — actual operating sector per company site and TheCompanyCheck is grain-based alcohol (ENA) manufacturing and IMFL bottling, filed under a broader agro-processing NIC code. Minor conflict between registry NIC code and actual business flagged. |
| Registered address | D. No. 8-3-833/188, Plot No. 188, 1st Floor, Phase-II, Kamalapuri Colony, Hyderabad, Telangana 500073 (Tofler, TheCompanyCheck — agree) |
| Authorized capital | ₹68.0 Cr (Tofler, TheCompanyCheck — agree) |
| Paid-up capital | ₹53.0–53.01 Cr (Tofler, TheCompanyCheck — agree) |
Business Overview
Confirmed- S.P.Y
- Agro Industries Ltd is part of the Hyderabad-based Nandi Group conglomerate, founded by Chairman Mr. S.P.Y
- Reddy under the philosophy "Business with a human face" (spyagro.com)
- Core business is grain-based Extra Neutral Alcohol (ENA) distillation, with a 400 MT/day corn (maize) processing plant (via group entity Nandi Grain Derivatives) extracting gluten/protein, corn oil, and fibre for animal feed
- captive power generation (steam boilers/turbines, ~19.5 MW planned capacity)
- an in-house CNC tool room
- and effluent treatment (digesters, activated sludge, RO)
- The company has stated expansion plans to scale ENA output to 500 KL/day and build what it describes as one of India's largest IMFL (Indian Made Foreign Liquor) bottling facilities (~1.25 million cases/month), plus plans for malt-spirit and whisky maturation
- The broader Nandi Group also operates in cement, PVC pipes/fittings and water tanks, dairy, and infrastructure — S.P.Y
- Agro is the group's alcohol/agro-processing arm
- Source: company website (spyagro.com/about.html)
- sector classification cross-checked against Tofler/TheCompanyCheck
Directors
Partial / conflictingTwo sources broadly agree on the same five directors but conflict on who holds the Managing Director title — flagged as a source conflict:
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Sannapu Reddy Sujala | 01796982 | listed as Managing Director by Tofler; DIN 01796982 | - |
| Sajjala Sreekanth Reddy | 09189347 | listed as Managing Director by TheCompanyCheck same person listed as ordinary Director by Tofler; DIN 09189347 per Tofler | - |
| Parvathi Sannapureddy | 02393630 | Director; DIN 02393630 Tofler | - |
| Angitapalli Sreenivasulureddy | 02956004 | Director; DIN 02956004 Tofler | - |
| Annapureddy Venkataramireddy | 10692797 | Director; DIN 10692797 Tofler | - |
GST / GSTIN
Partial / conflictingPrimary GSTIN number: not obtained (no reliable source returned the actual 15-digit GSTIN despite attempts via KnowYourGST, FindGST, MastersIndia — none had a matching public record; GST portal itself is not fetchable). PAN confirmed as AAJCS0911J (Tofler). Home state: Telangana (inferred from registered address/RoC, not from a GSTIN record itself). Number of registrations and per-registration status: not obtained.
Financials
Partial / conflictingStandalone financials (basis as filed with RoC; not stated explicitly as standalone vs consolidated by source but company has no listed subsidiaries found, so treated as standalone):
| Revenue | ₹821.74 Cr for the latest filed FY, down 14.42% YoY (TheCompanyCheck) — single-source, not cross-confirmed with an absolute figure elsewhere. Tofler (for FY ended 31-Mar-2024) states only a banded estimate of "₹750–1000 Cr" / "over ₹500 Cr" without an exact figure (Pro-gated) |
|---|---|
| EBITDA | absolute value not obtained (Tofler Pro-gated); YoY growth stated as +26.39% |
| PAT (Net Profit) | absolute value not obtained (Tofler Pro-gated); YoY growth stated as +246.54% |
| Net Worth | absolute value not obtained (Tofler Pro-gated); YoY growth stated as +46.66% |
| Total Borrowings | absolute value not obtained (Tofler Pro-gated); YoY growth stated as +22.62% |
| Ratios (as of Mar-2024, Tofler) | Net Profit Margin 5.56%; Operating Margin 1.64%; Return on Equity 18.35%; Debt-to-Equity -0.09 (unusual/likely data artifact — flagged, not verified) |
Overall confidence: partial — key absolute rupee figures are gated behind paid subscriptions on both sources; only one source (TheCompanyCheck) gave a hard revenue number and it is not cross-confirmed.
Funding
Partial / conflicting- No equity/VC funding rounds found (this is a decades-old family-promoted industrial company, not a venture-funded startup — Tracxn-style funding data not applicable/found)
- Debt funding identified via charge filings: ₹250 Cr raised through what appears to be an NCD/structured-debt issuance with Catalyst Trusteeship Limited as debenture trustee, registered in three tranches — ₹120 Cr (17-Feb-2025), ₹60 Cr (04-Feb-2025), ₹70 Cr (06-Jan-2025) (Tofler, TheCompanyCheck agree on holder name/amounts/dates)
- This is debt, not equity funding, and no rating for this issuance was found (see credit_ratings)
Charges / Loans
ConfirmedConfirmed via 2 sources (Tofler, TheCompanyCheck, mutually consistent):
- Open charges total: ₹263.75 Cr
- Satisfied (historical, closed) charges total: ₹526.36 Cr
- Recent open charges (2025), charge holder — Catalyst Trusteeship Limited (debenture trustee), "Others" category: ₹120 Cr (17-Feb-2025), ₹60 Cr (04-Feb-2025), ₹70 Cr (06-Jan-2025) — total ₹250 Cr
- Older charges: Andhra Pradesh State Financial Corporation — ₹11.05 Cr (₹4 Cr on 22-Feb-2012, ₹7 Cr on 06-Nov-2009); Andhra Bank — ₹2.70 Cr (18-Apr-2011)
Legal / Litigation
Confirmed- Confirmed via Indian Kanoon: approximately 98 total matching results
- case list is dominated by routine indirect-tax/GST and customs litigation, e.g
- "S.P.Y
- Agro Industries Limited vs Union of India" and "S.P.Y
- Agro Industries Limited vs Assistant Commissioner of Central Tax" (Andhra Pradesh High Court, Amravati, various dates 2020–2022), plus more recent state-tax matters against the State of Telangana, State of Karnataka, and State of Andhra Pradesh (2026)
- No criminal, insolvency/NCLT, or fraud-related matters were identified in the visible result set
- full case-by-case verification was not performed given the volume (~98 hits)
Competitors
Partial / conflictingAnalyst-compiled list of grain-based ENA/IMFL peers (not sourced from a registry — partial confidence, given for SEO context only):
- Globus Spirits Ltd — listed, larger scale (~₹2,000+ Cr revenue), grain-based ENA + IMFL
- Radico Khaitan Ltd — listed, much larger/national IMFL player (~₹3,500+ Cr revenue)
- Piccadily Agro Industries Ltd — listed, broadly similar scale (~₹800–900 Cr revenue), grain-based distillery + malt
- Associated Alcohols & Breweries Ltd — listed, smaller-to-similar scale (~₹600–700 Cr revenue)
- GM Breweries Ltd — listed, smaller, country-liquor/ENA focus (~₹600–700 Cr revenue)
- Empee Distilleries Ltd — unlisted, South-India regional peer, comparable/smaller scale, financially stressed in recent years
Frequently Asked Questions
What does S.P.Y. Agro Industries Limited do?
Hyderabad-based grain (maize) ENA distillery and IMFL bottler, part of the Nandi Group industrial conglomerate.
What is the CIN of S.P.Y. Agro Industries Limited?
The Corporate Identification Number (CIN) of S.P.Y. Agro Industries Limited is U01100TG2005PLC045887.
Where is S.P.Y. Agro Industries Limited registered?
S.P.Y. Agro Industries Limited is registered with RoC Hyderabad / Telangana (Tofler says "Telangana", TheCompanyCheck says "Hyderabad" — same jurisdiction, minor naming variance). Registered address: D. No. 8-3-833/188, Plot No. 188, 1st Floor, Phase-II, Kamalapuri Colony, Hyderabad, Telangana 500073 (Tofler, TheCompanyCheck — agree)
When was S.P.Y. Agro Industries Limited incorporated?
S.P.Y. Agro Industries Limited was incorporated on 13 April 2005 (Tofler, TheCompanyCheck — 2 sources agree).
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