Kerala Solvent Extractions

Kerala Solvent Extractions Ltd
Public company
Traded as BSE: 519421
NSE: KSE
Industry Food
Founded 25 September 1963
Headquarters Irinjalakkuda, Thrissur District, Kerala, India
Key people
 M C Paul (Managing Director)
Products Cattle feed, Edible oils & Dairy products
Revenue Increase₹901.33 crore (US$130 million)(2014-15)[1]
Increase₹43.36 crore (US$6.4 million)(2014-15)
Number of employees
 896 (as on 31 March 2015) [2]
Website www.kselimited.com

Kerala Solvent Extractions Ltd, now known as KSE Ltd (BSE: 519421, NSE: KSE), is a company that is engaged in the manufacture of Cattle feed, Oil Cake processing (extraction of oil from copra cake by solvent extraction process and refining the same to edible grade), and Dairy products in Irinjalakkuda, Thrissur District, state of Kerala, India. The Company was incorporated on 25 September 1963 and began commercial operations in April, 1972 by setting up Kerala’s first solvent extraction plant to extract coconut oil from coconut oil cakes. Subsequently, in 1976 the company set up a plant to manufacture ready mixed cattle feed. In the last three decades, KSE has emerged as a leader in solvent extraction from coconut oil cakes and also the largest cattle feed producer and supplier in Kerala. In 2000, KSE entered the business of procuring, processing and marketing milk and milk products. In 2002, KSE started producing and marketing icecreams under brand name 'Vesta'. [3]

Business Segments

The company operates in three business segments: Cattle Feed Division, Oil Cake Processing Division, and Dairy Division comprising milk and milk products, including ice cream.[4] [5]

Cattle Feed

KSE’s cattle feed division is engaged in the production and marketing of cattle feed. KSE’s cattle feed is largely made up of de-oiled rice bran cake, maize and de-oiled coconut cake. Some quantities of cottonseeds are added to make a balanced feed mixture. The company produces seven types of cattle feed, three in mash form and four in pellet form. Today, KSE Ltd is predominantly a cattle feed producer with about 75% of its revenues in FY2014-15 coming from the sales of cattle feed. It has five modern cattle-feed factories and reported a sales volume of 440,000 metric tones in FY2014-15.[6]

Oil Cake Processing

KSE’s oil cake processing division extracts coconut oil from coconut oil cakes by using solvent extraction technology. The company operates two solvent extraction plants with a total capacity to process 90,000 metric tones of coconut oil cake per annum. In FY2014-15, the volume of cake processed was 68,500 tones that contributed 21% to the company’s total revenues.[7]

Dairy Division

KSE started operation of its dairy division on 22 January 2000.[8] The idea of diversification into dairy industry was the outcome of desire for forward integration of the cattle feed business of KSE Ltd. The company market a wide range of dairy products in the market, including toned milk, toned homogenized milk, Ghee, Curd, Sambharam and Ice cream(under brand name 'Vesta'). Its main area of operation is Thrissur and also some parts of Ernakulam and Malappuram.[7]

Milestones

Year KSE’s developments
1972 Company began operations by setting up a 40 MTs per day solvent extraction plant in Irinjalakuda, Kerala
1976 Company set up a 50 MTs per day ready-mixed cattle feed plant in Irinjalakuda, Kerala
1979 Production capacity of cattle feed plant in Irinjalakuda increased to 60 MTs per day
1980 Solvent extraction plant capacity in Irinjalakuda increased to 60 MTs per day
1983 A fully automatic new cattle feed plant of 120 MTs per day capacity commissioned in Irinjalakuda, Kerala
1984 Solvent extraction plant capacity in Irinjalakuda increased to 80 MTs per day
1987 Production capacity of cattle feed plant in Irinjalakuda increased to 180 MTs per day
1988 A new cattle feed plant of 100 MTs per day capacity commissioned in Swaminathapuram, Dindigul District, Tamil Nadu
1989 Solvent extraction plant capacity in Swaminathapuram increased to 100 MTs per day
1990 Production capacity of cattle feed plant in Swaminathapuram increased to 150 MTs per day
1996 A new cattle feed plant of 240 MTs per day capacity commissioned in Vedagiri, Kottayam District, Kerala
1998 KSE acquired a cattle feed manufacturing unit at Palakkad, Kerala
2000 Company began procuring, processing and marketing milk and milk products
2002 'VESTA' ice-cream launched
2003 Started production of cattle feed in a leased plant at Edayar, Ernakulam District, Kerala
2006 100 MTs per day physical refining plant commissioned. 200 MTs per day solvent extraction plant at Koratty commissioned.
2008 Ice cream production unit commissioned at Thalayuthu, Dindigul District, Tamil Nadu
2009 A new cattle feed plant of 500 MTs per day capacity commissioned in Irinjalakuda
2010 Ice cream production unit commissioned at Vedagiri, Kottayam District, Kerala

References

  1. ↑ "Annual Report - Announcements - BSE" (PDF). KSE. Retrieved 31 March 2015.
  2. ↑ "Annual Report - Announcements - BSE" (PDF). KSE. Retrieved 31 March 2015.
  3. ↑ "Company". Google Finance. Retrieved 2010-04-24.
  4. ↑ "Co Info". moneycontrol.com. Archived from the original on 2013-11-10. Retrieved 2010-04-24.
  5. ↑ "KSE Ltd opens 500-tonne plant". The Hindu. Retrieved 2010-04-24.
  6. ↑ "Sundex Process Engineers Pvt. Ltd. Solvent extraction plant". Archived from the original on 2012-04-17.
  7. 1 2 "KSE enters ice cream biz". The Hindu Businessline. Archived from the original on 2005-02-01. Retrieved 2010-04-24.
  8. ↑ "KSE enters ice cream biz". The Hindu Businessline. Archived from the original on 2012-10-03. Retrieved 2010-04-24.
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