- Business
- Natural Biocon (India) Limited Natural Biocon (India) Limited (NSE: NATURAL.BO) engages in the extraction, procurement, crushing, separation, trading, and dealing of plants, seeds, agricultural produce, vegetation, juices, and alkaloids including nicotine, caffeine, tannin, morphine, codeine, strychnine, nuxvomica, and brucine; it manufactures agrochemicals, barley malt, maltose, malt sugar, and derivatives thereof. The company trades chemicals, natural extracts, and agricultural commodities, with a focus on natural food colors derived from Bixa orellana such as Norbixin, positioning these as healthier alternatives to synthetic colors restricted or banned in various countries due to health risks. Operations center in Gujarat, India, targeting related industries domestically through retail trading channels.
Incorporated on August 27, 1992, as a public limited company in Gujarat, Natural Biocon (India) Limited maintains its headquarters in Ahmedabad at A-1007, Sankalp Iconic Tower, opposite Vikram Nagar, Iscon Temple Cross Road. Initially a pioneer in natural color manufacturing using modern technology, the company has shifted emphasis to chemical and agricultural produce trading in select Gujarat regions amid eroding export monopolies in traditional commodities like tobacco and rising demand for fruits, vegetables, and rice. It anticipates further ventures into agriculture produce, marine products, solar energy, and infrastructure, subject to statutory approvals.
Recent developments include the launch of a Norbixin production project with 180 tonnes per annum capacity, backed by a Rs 1.80 crore nucleus farm to support sustainable natural food color output; the company financed expansion by issuing 7.63 crore equity shares, increasing paid-up capital to Rs 25.78 crore as of March 2025. Equity capital doubled from prior levels, enabling investments reaching Rs 21.12 crore, while maintaining near debt-free status and reducing working capital days to 14.9 from 66.1. In 2025, it conducted its 33rd annual general meeting on September 30, reappointing management and auditors amid 20.22% shareholder turnout.