HL Agro
- Company typePrivate
- Founded2013
- HeadquartersKanpur, India
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What HL Agro does
HL Agro Products Private Limited is an India-based corn wet-milling manufacturer and exporter headquartered in Kanpur that converts maize into a portfolio of starches, sweeteners and by-products. Its product range spans native and modified starches, liquid glucose, dextrose, maltodextrin and sorbitol on the sweetener side, alongside sesame seeds, corn germ, corn fiber and corn gluten for oilseed and animal nutrition applications. The company holds BRCGS, Halal, Kosher and FSSAI certifications, which qualify its output for institutional food, beverage and export buyers.
The business sells primarily on a B2B industrial ingredient basis to large Indian and multinational food manufacturers, with named customers including Olam, Veeba, Vadilal, Parle, Amul and ITC. In 2025 it extended its go-to-market by launching Atulya, a HORECA-focused sub-brand that brings the company into branded foodservice distribution in India. It supplements domestic supply with export activity across Asia, Europe and North America, signalled by trade-show participation in Thailand, Indonesia, France, the USA and China.
Its underlying technology is conventional corn wet milling — steeping, separation, refining and conversion — with process improvements and sustainability initiatives dating to 2020 supporting throughput and ESG positioning. Revenue mechanics are driven by commodity-grade ingredient volumes, certification-driven access to multinational FMCG accounts, and a growing branded HORECA layer. The company reports a workforce in the 51-100 band and no public funding, M&A or partnership events; it files standard MCA compliance such as the 2025 CIN/MGT-7 return.
HL Agro firmographics
Firmographics- Name
- HL Agro
- Legal name
- H.L. Agro Products Private Limited
- Website
- https://hlagro.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
HL Agro industry classification
Industry- Product category
- Starch and Sweetener Ingredients
- NAICS
- Wet Corn Milling and Starch Manufacturing (311221), Starch and Vegetable Fats and Oils Manufacturing (31122), Grain and Oilseed Milling (3112)
- SIC
- Grain Mill Products (2040), Food And Kindred Products (2000)
- akta.pro primary industry
- Starches & Grain Derivatives Manufacturing (cornstarch, maltodextrin, glucose solids) (AFAKABAG)
- akta.pro secondary industries
- Sweetener Syrups & Blends (HFCS, cane/invert, agave, maple blends) (AFAFAGAF), Native Starches & Flours (Corn, Potato, Tapioca, Wheat, Rice) (AFAJABAB), Glucose Syrups & Dextrose (Corn/Wheat/Tapioca Glucose, Dextrose Monohydrate) (AFAJAAAD), Starch Processing & Sweetener Enzymes (AFAJAIAE)
Keywords
Where HL Agro is headquartered
LocationHeadquarters
- HQ city
- Kanpur
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
HL Agro business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Starches and Sweeteners Manufacturing: Manufacturing and exporting premium starches (corn starch powder) and sweeteners (liquid glucose, dextrose monohydrate, dextrose anhydrous, maltodextrin, high maltose corn syrup, dried glucose syrup, sorbitol) to global food and beverage manufacturers.
- Oil Seeds Export: Production and export of premium oil seeds including corn germ and sesame seeds to markets across the globe.
- Animal Nutrition Products: Supply of animal feed ingredients including corn fiber, corn enriched fiber, and corn gluten for livestock and poultry feed.
- HORECA Ingredients (Atulya Brand): Direct supply of high-quality ingredients including Corn Starch Powder, Sesame Seeds, and Liquid Glucose to hotels, restaurants, and caterers through their Atulya subsidiary.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | B2B bulk orders for food manufacturers |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
HL Agro product offering
Product offeringCore offering
HL Agro manufactures and exports corn-based starches and sweeteners (corn starch, liquid glucose, dextrose monohydrate and anhydrous, maltodextrin, high maltose corn syrup, sorbitol), oil seeds (corn germ and sesame seeds), and animal nutrition co-products (corn fiber, corn enriched fibre, corn gluten). Products are supplied in bulk to food, beverage, animal feed, and industrial customers worldwide.
Product overview
H.L. Agro Products Pvt. Ltd. is a manufacturer of starch and corn derivatives serving the food and beverage ingredients sector. The company operates as a single unified product portfolio focused on corn-based ingredients, organized into four main product categories: Starches (Corn Starch Powder), Sweeteners (Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Maltodextrin, High Maltose Corn Syrup, Dried Glucose Syrup, Sorbitol), Oil Seeds (Corn Germ, Sesame Seeds), and Animal Nutrition (Corn Fiber, Corn Enriched Fibre, Corn Gluten). The company also operates a HORECA-focused sub-brand called Atulya. Founded in 2013, HL Agro produces and exports these ingredients to global markets from manufacturing facilities in Kanpur, Uttar Pradesh, India.
Differentiator
Problem solved
Functional benefit
Brands
- Atulya: A trusted supplier of high-quality ingredients for the HORECA (Hotels, Restaurants, Catering) industry, specializing in products such as Corn Starch Powder, Sesame Seeds, and Liquid Glucose
Products and services
- Corn Starch Powder Bulk native corn starch used as a thickening, binding, and stabilizing agent by food manufacturers, paper producers, and industrial processors.
- Liquid Glucose Clear, viscous liquid glucose syrup used as a sweetener, humectant, and texture modifier in confectionery, bakery, beverages, and ice cream.
- Dextrose Monohydrate Crystalline dextrose powder with one molecule of water, used as a sweetener and fermentation substrate in food, beverage, and pharma applications.
- Dextrose Anhydrous Anhydrous crystalline dextrose used in applications requiring low moisture content, such as IV solutions, energy drinks, and bakery.
- Maltodextrin Spray-dried carbohydrate with low sweetness used as a bulking agent, carrier, and texture modifier in foods, beverages, and nutritional products.
- High Maltose Corn Syrup Glucose syrup with elevated maltose content used in confectionery coatings, brewing, and fermentation applications.
- Dried Glucose Syrup Dehydrated glucose syrup in powder form supplied to food manufacturers needing shelf-stable sweetener ingredients.
- Sorbitol Sugar alcohol produced by catalytic hydrogenation of glucose, supplied in liquid and powder forms for food, pharmaceutical, oral care, and personal care applications.
- Corn Germ Separated corn germ from wet milling, supplied to edible oil refiners and animal feed manufacturers as a source of oil and protein.
- Sesame Seeds Indian and African origin sesame seeds cleaned, sorted, and exported to international food manufacturers, bakeries, and HORECA buyers.
- Corn Fiber Corn bran fiber recovered from the wet milling process and sold to pet food and animal feed producers as a dietary fibre ingredient.
- Corn Enriched Fibre Upgraded corn fibre with elevated total dietary fibre content, supplied to food and feed manufacturers for fibre fortification.
- Corn Gluten High-protein corn gluten meal sold to animal feed manufacturers as a concentrated protein ingredient for poultry, aquaculture, and pet food.
- Atulya HORECA Ingredient Brand Sub-brand offering corn starch, liquid glucose, and sesame seeds packaged for hotels, restaurants, caterers, and food service operators in India.
Companies that use HL Agro
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
HL Agro technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
HL Agro partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights4 records
HL Agro competitors and assessment
Company assessmentBroad incumbents
- Cargill, Incorporated (Starches & Sweeteners): Global agribusiness with a large corn wet milling and starches/sweeteners business serving food, feed, and industrial customers. Olam is among HL Agro's named customers, illustrating how Cargill's value chain intersects with the company's.
- Archer Daniels Midland (ADM): Global agricultural processor with corn wet milling operations producing starches, sweeteners, and feed co-products. Comparable on integrated corn-to-starch-to-feed value chain; vastly larger in scale and geographic reach.
- Roquette Frères: Global leader in starch, polyols (sorbitol, maltitol), and plant-based ingredients. Directly comparable on starch and sorbitol product lines and on pharmaceutical/industrial end markets beyond food.
- Ingredion Incorporated: Global corn wet miller producing starches, sweeteners, and texturizers for food and beverage manufacturers. Overlaps with HL Agro on most product lines and serves the same large FMCG customer base, but at vastly larger scale and global footprint.
- Tate & Lyle PLC: Global specialty food ingredient company with a strong sweeteners and texturants portfolio (corn syrups, dextrose, maltodextrin, polyols). Comparable product categories and end customers, with much broader geographic reach.
Direct peers
- Sukhjit Starch & Chemicals Limited: India-based manufacturer of starch, derivatives, and value-added products from maize, with comparable product range (corn starch, liquid glucose, dextrose, sorbitol, gluten). Most direct domestic comparable given overlapping product portfolio and Indian manufacturing footprint.
- Tirupati Starch & Industries Limited: India-based starch and starch derivatives manufacturer producing corn starch and modified starches. Comparable in scale and product focus on starch-based ingredients for food and industrial customers.
- Gulshan Polyols Limited: Indian corn wet miller producing starch, sweeteners, dextrose, maltodextrin, and sorbitol from maize. Closely comparable on core product portfolio and Indian manufacturing base, with overlapping specialty in polyols.
- Anil Limited (now Bhilwara Energy / Anil Starch): Indian manufacturer of starch and starch derivatives from maize, including liquid glucose, dextrose, and sorbitol. Direct peer in the Indian wet milling space with similar end-market exposure.
Regional players
- Shandong Xiangchi Jianyuan Cornstarch Co., Ltd. China-based corn starch and derivatives manufacturer, one of the largest wet millers in Asia. Comparable product portfolio but focused on Chinese and Asian markets; not a direct competitor in India but a major regional export competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
HL Agro social profiles
Digital presenceHL Agro compliance and trust
Trust signalCompliance9 records
HL Agro financial estimates
Financial estimateRevenue estimate
Valuation estimate
HL Agro leadership team
Management profileNumber of profiles
HL Agro funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HL Agro M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HL Agro
What does HL Agro do?
HL Agro manufactures and exports corn-based starches and sweeteners (corn starch, liquid glucose, dextrose monohydrate and anhydrous, maltodextrin, high maltose corn syrup, sorbitol), oil seeds (corn germ and sesame seeds), and animal nutrition co-products (corn fiber, corn enriched fibre, corn gluten). Products are supplied in bulk to food, beverage, animal feed, and industrial customers worldwide.
Is HL Agro a public or private company?
HL Agro is a private company. It is classified as family owned and is currently operating.
When was HL Agro founded?
HL Agro was founded in 2013. It employs 51 to 100 people.
Where is HL Agro based?
HL Agro is headquartered in Kanpur, India, in the Asia region.
How does HL Agro make money?
Four revenue lines are on record. Starches and Sweeteners Manufacturing is the primary driver. The others are oil Seeds Export, animal Nutrition Products and HORECA Ingredients (Atulya Brand).
Who are HL Agro's main competitors?
Broad incumbents on record are Cargill, Incorporated (Starches & Sweeteners), Archer Daniels Midland (ADM), Roquette Frères, Ingredion Incorporated and Tate & Lyle PLC. Direct peers are Sukhjit Starch & Chemicals Limited, Tirupati Starch & Industries Limited, Gulshan Polyols Limited and Anil Limited (now Bhilwara Energy / Anil Starch). Shandong Xiangchi Jianyuan Cornstarch Co., Ltd. is listed as a regional player.
Does HL Agro have an API?
No public API is recorded for HL Agro.
What industry is HL Agro in?
HL Agro's product category is Starch and Sweetener Ingredients. Its primary akta.pro industry code is AFAKABAG, Starches & Grain Derivatives Manufacturing (cornstarch, maltodextrin, glucose solids), with a secondary code of AFAFAGAF, Sweetener Syrups & Blends (HFCS, cane/invert, agave, maple blends). Its NAICS code is 311221 and its SIC code is 2040.