Mayank Cattle Food Limited
BBSE:MCFL114.00
INR
+4.00
(+3.64%)
Mayank Cattle Food Limited
BSE:MCFL
(Bombay Stock Exchange)
Recent
price
114.00
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ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Mayank Cattle Food Limited operates primarily in the manufacturing and marketing of cattle feed and oil products. The company's core product portfolio includes maize cake (cattle feed), maize oil (non-edible), edible oil, extracting corn oil, animal food, cottonseed oil cake, and cattle food cake. The maize oil is extracted from corn germs, rich in proteins, fats, calcium, dietary fiber, and other nutrients, serving as an essential dietary component for cattle such as buffaloes and cows. Cottonseed oil cake, a by-product of oil extraction from cotton seeds, is another significant protein-rich feed offered by the company. These products target the cattle farming sector and related agricultural markets, with widespread operations in India and export activities globally. Founded in 1998 and headquartered in Rajkot, Gujarat, India, Mayank Cattle Food Limited transitioned to a public limited company in 2023 following a name change and share restructuring. This move included an IPO in early 2024 aimed at expanding the company's manufacturing capacity and market reach. Recent strategic developments include acquisitions such as the approval for acquiring a partnership firm, Ajay Industries, and a 65% stake in a company named Nanogen Agrochem during early 2024, reflecting the company’s push to diversify and expand its agrochemical and feed product base. Additionally, Mayank Cattle Food has upgraded manufacturing infrastructure by adding new oil expeller machinery at its Manavadar plant to increase production efficiency and volume. In recent years, the company has shown a focus on scaling operations, increasing production capacities of maize oil from 14,310 MT to 22,896 MT per annum, and maize cake from 28,620 MT to 45,792 MT per annum. This capacity expansion underpins their growth strategy and supports their wide distribution network, including around 90 dealers. They have also integrated environmental initiatives such as a 150 kVA solar power plant to support sustainable production practices. Organizational changes in 2025 include board reconstitution with new independent directors joining, which supports governance strengthening aligned with the company’s growth and strategic direction. Mayank Cattle Food operates primarily in the farm products and agro-industrial segments, serving cattle farmers and agricultural customers across India and international markets. Its comprehensive product offerings, combined with recent acquisitions and capacity expansions, position it as a significant player in the cattle feed and oil processing industry. The company’s headquarters in Rajkot supports its strategic regional presence in the western Indian market, with continued efforts to expand its footprint and product reach domestically and internationally. Overall, Mayank Cattle Food Limited stands as an established entity in cattle feed and agro-oil products, with a product range including maize oil, maize cake, edible oil, cottonseed oil cake, and animal feed. Recent major changes focus on company restructuring to public status, acquisition of complementary businesses in agrochemicals, significant capacity expansions, and manufacturing upgrades to reinforce its market position and operational capabilities. These developments indicate a strategic emphasis on growth, diversification, and sustainability within the agro-industrial sector.