- Business
- AVT Natural Products Limited manufactures plant-based extracts and natural ingredient solutions for the food and beverage, animal nutrition and health, nutraceutical, cosmetics and personal care, and crop science industries worldwide; its core products include marigold oleoresins, spice oleoresins such as paprika, turmeric, and rosemary extracts, de-caffeinated tea, green tea extracts, natural flavors and seasoning blends, value-added tea blends for ready-to-drink beverages, and full-spectrum botanical solutions for animal health. The company operates production facilities in Tamil Nadu, Karnataka, and Kerala, India, with post-harvest processing centers across Tamil Nadu and Karnataka; it supports contract farming on extensive marigold cultivation areas involving thousands of farmers to ensure quality at source. Founded in 1986 as part of the family-owned A.V. Thomas Group and headquartered at 60 Rukmani Lakshmipathy Salai, Egmore, Chennai, India, AVT Natural Products maintains wholly owned subsidiaries including AVT Natural Europe Ltd. in London, UK; AVT Natural North America Inc. in the United States; AVT Natural S.A. de C.V. in Mexico; and AVT Natural FZCO in Dubai, UAE, to handle sales, marketing, and distribution globally. Recent developments include board changes with the appointment of new directors Mr. M.M. Venkatachalam and Mr. Ranganath N. Krishna effective July 25, 2024, following the retirement of Mr. M.A. Alagappan and Mr. P. Shankar, I.A.S. (Retd.) on July 24, 2024, and the addition of Mr. Rahul Thomas on June 12, 2024; the strategic sales partnership with a global feed additive company continues to expand with new product developments; key managerial personnel transitions feature the appointment of Mr. M.N. Satheesh Kumar as Manager for one year from May 28, 2025, Mr. P. Mahadevan as Company Secretary from November 12, 2024, and the departure of President & Manager Mr. B. Krishna Kumar on March 31, 2025; consolidated net profit rose 31.02% to Rs 14.36 crore in the quarter ended March 2025 with sales up 25.44% to Rs 156.82 crore, though full-year FY2025 net profit declined 9.50% to Rs 48.23 crore on 7.50% sales growth to Rs 556.04 crore; Independent Director Mr. A.D. Bopana retired after his second term on August 25, 2025, prompting committee reconstitutions.