This animal feed company bags a new order worth Rs 4,95,00,000 from one of Asia’s largest and India’s Top 10 Dairy suppliers

The stock of Ajooni Biotech Limited (NSE: AJOONI) has seen a significant increase of 88 per cent from its 52-week low of Rs 3.38 per share. Ajooni Biotech Limited is a leading PURE VEG. animal health care solutions company, known for its excellence in quality, safety, and innovation in animal feed production.

Recently, the company secured a prestigious order worth Rs 4,95,00,000 from one of the largest dairy suppliers in Asia, showcasing the growing confidence in Ajooni Biotech’s products. This milestone highlights the company’s commitment to expanding its market presence as the first PURE VEG. Cattle Feed & PURE VEG. feed Supplement Producer in the industry.

The order is set to be executed within three months, with plans to pursue additional opportunities. Ajooni Biotech’s PURE VEG. Cattle feed and Supplements have garnered interest from the dairy supplier, emphasizing the quality and effectiveness of the products.

In addition to domestic growth, Ajooni Biotech Limited has started exporting to two countries and is actively seeking international opportunities. The company remains focused on maintaining momentum and building strong relationships with clients while delivering high-quality products.

Looking ahead, Ajooni Biotech Limited is now focusing on Moringa, with plans to begin research and commercial production in FY 2025-26. The company aims to utilize Moringa oil for biodiesel and aviation fuel production, along with activated carbon from the tree’s bark.

Financially, the company reported revenue of Rs 82.30 crore, EBITDA of Rs 4.43 crore, and Net Profit of Rs 2.17 crore in FY 2023-24. For FY 2024-25, Ajooni Biotech Limited expects a turnover of Rs 100 – Rs 140 crore, followed by projections of Rs 350 – Rs 410 crore in FY 2025-26 and Rs 450 – Rs 495 crore in FY 2026-27.

Shares of Ajooni Biotech Limited surged by 10 per cent to Rs 6.35 per share on Tuesday, with a market cap exceeding Rs 100 crore. The stock’s 52-week high is Rs 6.90, while its low is Rs 3.38, marking an 88 per cent increase from the low point.

Please note that this article is for informational purposes only and does not constitute investment advice.