Capricorn Food Products India

What Capricorn Food Products India does

Capricorn Food Products India Limited is a privately held, export-oriented tropical fruit processing company headquartered in Chennai, India, and a subsidiary of the Maa Kudargarhi Group of Companies (founded 1985 by Shri Anil Agrawal and Shri Sunil Agrawal). Founded in 1998 as an early entrant in India's fruit and vegetable processing sector, the company operates two manufacturing facilities — in Krishnagiri, Tamil Nadu and Sathyavedu, Andhra Pradesh — strategically located within India's mango belt to enable year-round raw material access. Combined pulp production capacity is stated at 40 MT/hr.

The company's product portfolio is organized into two core lines. The Pulp/Puree and Concentrates line produces mango (Alphonso, Totapuri, Neelam), guava (white and pink), papaya (red and yellow), pineapple, and tomato products with specified BRIX and acidity profiles, packaged in aseptic bags (20–1,000 litre) and OTS cans. The Individual Quick Freeze (IQF) line covers mango dices/chunks/slices, papaya, pineapple, pomegranate arils, coconut, sweet corn, green peas, and okra cuts. Underlying technology includes sterilization units from Ing. A. ROSSI and CFT, aseptic packaging systems, temperature-controlled cold chain logistics, an Environmental Control Ripening Chamber (ECRC) with automated gas/temperature/humidity control, and solar-powered energy systems. The company holds ISO 9001-2008 and FSSC 22000 certifications.

Capricorn operates a B2B, quote-based commercial model, selling directly to food and beverage manufacturers, dairy, bakery, confectionery, and international food processors via direct sales relationships. No public pricing, named customer logos, or revenue disclosure is available. The company received a $10 million investment from Quadria Capital in 2013, the only known institutional capital event. Within the Maa Kudargarhi Group, Capricorn represents the Food vertical; the broader group reports USD 250 million turnover across Food, Metals & Mining, and Energy.

Name

Capricorn Food Products India

Legal name

Capricorn Food Products India Limited

Website

https://capricorngroup.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

Capricorn Food Products India is a privately held, export-oriented tropical fruit processor producing pulp, puree, concentrates, and IQF products for global food and beverage manufacturers from two manufacturing plants in South India.

Ownership category

akta.pro rank

Product category

Fruit Pulp and Puree Processing

NAICS

Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114), Frozen Fruit, Juice, and Vegetable Manufacturing (311411)

SIC

Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Canned, Fruits, Veg, Preserves, Jams & Jellies (2033)

akta.pro primary industry

Purees & Fruit/Vegetable Bases (Aseptic, Frozen, Drum) (AFAKAFAD)

akta.pro secondary industries

Frozen Fruit & Vegetable Processing (IQF, Frozen Blends) (AFAKAFAG), Juice Concentrates & Fruit Bases (AFAFAGAB)

Keywords

• Fruit pulp processing
• IQF frozen foods
• Fruit concentrate manufacturing
• Tropical fruit processing
• B2B food ingredients

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Pulp, Puree and Concentrates: Manufacturing and sale of fruit pulp, puree and concentrates including Mango, Guava, Papaya, Pineapple, and Tomato products sold to food and beverage manufacturers
2. IQF (Individual Quick Freeze) Products: Production and sale of individually quick frozen fruit products including Mango, Papaya, Pineapple, Pomegranate, Coconut, Sweet Corn, Green Peas, and Okra Cuts

Distribution channels1 record

Core offering

Capricorn Food Products India Limited manufactures and supplies tropical fruit-based ingredients for industrial food and beverage customers. Its two core product lines are (1) Pulp, Puree and Concentrates from Mango, Guava, Papaya, Pineapple, and Tomato, and (2) Individual Quick Freeze (IQF) products including Mango, Papaya, Pineapple, Pomegranate, Coconut, Sweet Corn, Green Peas, and Okra. The company operates two manufacturing facilities with a combined pulp production capacity of 40 MT per hour.

Product overview

Capricorn Food Products India Limited is a fruit and vegetable processing company with two core product lines: Pulp/Puree and Concentrates (Mango, Guava, Papaya, Pineapple, Tomato) and Individual Quick Freeze (IQF) Products (Mango, Papaya, Pineapple, Pomegranate, Coconut, Sweet Corn, Green Peas, Okra). The company operates manufacturing facilities in Krishnagiri, Tamil Nadu and Sathyavedu, Andhra Pradesh, with a combined pulp production capacity of 40 MT/hr.

Differentiator

Problem solved

Functional benefit

Products and services

• Pulp / Puree and Concentrates

Quantifiable outcome

• 40 MT/hr pulp production capacity across plants
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Keventer Agro: India-based food processing company with fruit pulp, juice, and dairy operations — directly comparable in tropical fruit processing capacity and B2B ingredient sales, with overlapping customer segments.
• Jain Farm Fresh Foods (Jain Irrigation): Indian fruit and vegetable processing company producing pulp, puree, concentrates, and frozen products from mango and other tropical fruits — directly overlapping with Capricorn's product mix and serving similar beverage and dairy manufacturers in domestic and export markets.
• SunOpta: Global specialist in plant-based and fruit-based ingredients, including IQF fruits, fruit purees, and concentrates sourced from tropical origins — directly comparable in product categories (fruit puree, concentrates, IQF) and B2B ingredient customer profile.
• Döhler Group: Global manufacturer of fruit-based ingredients, flavors, and concentrates for beverage and food applications — a direct competitor in fruit pulp/concentrate supply with similar downstream F&B customer base.
• Citrosuco: World's largest producer of orange juice concentrates and a major supplier of fruit-based ingredients — relevant as a competing processor of fruit concentrates for global beverage customers, though focused on citrus rather than tropical fruits.
• AGRANA Fruit: World-leading producer of fruit preparations and fruit juice concentrates for dairy, bakery, and beverage customers — directly competing in fruit-based ingredient categories with global supply chains and similar B2B go-to-market.
• Symrise Diana (Symrise): Major global supplier of fruit solutions, flavors, and natural fruit-based ingredients to F&B manufacturers — directly overlapping with Capricorn in fruit-derived ingredients used by beverage, dairy, and bakery customers.

Broad incumbents

• ADM (Archer Daniels Midland): Diversified global food ingredients processor with fruit juice concentrate and processed fruit capabilities, serving many of the same downstream beverage and food manufacturers — a broad incumbent rather than a focused specialist.
• Citrosuco / Louis Dreyfus Citrus (LDC): Global commodity and food ingredient processor with fruit juice operations and a downstream beverage supply chain — operates in fruit ingredients space but with broader commodity exposure than Capricorn.
• Cargill: Global agribusiness and food ingredient conglomerate with extensive fruit-sourced ingredient and processed fruit operations — overlapping with Capricorn's category but at vastly larger scale and broader product portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/CFPIL
• Facebookfacebook.com/capricorngroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capricorn Food Products India