Coastal Corporation

What Coastal Corporation does

Coastal Corporation Limited is an Indian aquaculture seafood processor and exporter headquartered in Visakhapatnam, Andhra Pradesh, incorporated in 1981 and publicly listed on BSE (501831) and NSE (COASTCORP). The company specializes in processed shrimp products — raw forms (Headless Shell On, Peeled Deveined Tail On/Off, Butterfly, Skewers) and cooked variants — sourced from both aquaculture and sea-catching (Vannamei, Black Tiger, Sea Tiger, Whites, Pink Brown) and sold in frozen block and IQF formats. Operations are anchored by three processing plants with a combined daily capacity of 97.5 metric tonnes, certified to HACCP, BRC Global Standard, BAP, USFDA, and HALAL standards, employing 900+ people (90% women workforce) under climate-controlled pre-processing infrastructure.

The company's revenue model is B2B direct export of shrimp to enterprise customers (international food retailers, distributors, and foodservice operators) across 10 countries spanning North America, Europe, the Middle East, Oceania, East Asia, and Eastern Europe. Pricing is quote-based per customer specifications rather than published list pricing. Distribution is executed through direct international export channels supported by a wholly-owned US subsidiary (Seacrest Seafoods, Inc.) and Indian operating subsidiaries CBPL and CFIL. The company owns refrigerated and insulated vehicles for raw material transport and follows FIFO inventory management.

Customer acquisition relies primarily on direct B2B relationships and long-standing international trade credibility (43-year track record, FIEO Award for export excellence) rather than digital marketing or branded consumer channels. The company's investor relations footprint is substantial given its public listing, with annual reports, financial results, shareholding patterns, and corporate governance disclosures available through its website and stock exchange filings. Notable corporate actions include a 2019 Scheme of Merger (MCA Order dated 11.08.2020) and a 2022 Rights Issue to existing shareholders.

Name

Coastal Corporation

Legal name

Coastal Corporation Limited

Website

https://coastalcorp.co.in

Company type

Public

Founded year

1981

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Coastal Corporation Limited is an Indian aquaculture seafood processor and exporter specializing in processed shrimp products (raw and cooked, in frozen block and IQF formats) for B2B customers across 10 countries, operating three processing plants totaling 97.5 metric tonnes of daily capacity under HACCP, BRC, BAP, USFDA, and HALAL certifications.

Ownership category

akta.pro rank

Product category

Aquaculture Seafood Processing & Export

NAICS

Seafood Product Preparation and Packaging (31171)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092)

akta.pro primary industry

Shellfish Processing (Shrimp, Crab, Lobster, Mollusks) (AFANADAC)

akta.pro secondary industries

Frozen Meat, Poultry & Seafood Manufacturing (AFAKACAG), Fresh & Frozen Seafood Fillets (Portioned, Skinless/Boneless) (AFANALAA), Frozen Meat, Poultry & Seafood Wholesale (AFAIAHAF), Frozen Seafood Meals & Value-Added Seafood (CRADADAG)

Keywords

• Shrimp processing
• Aquaculture seafood
• Frozen shrimp export
• Value-added shrimp
• Seafood processing

Headquarters

HQ city

Visakhapatnam

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure

Revenue model

1. Seafood/Shrimp Product Exports: The company generates revenue through processing and exporting high quality aquaculture seafood products, specifically shrimp products including cooked, raw, headless, peeled, skewered and marinated variants in frozen blocks or IQF forms to international markets including USA, Europe, Canada, UAE, Saudi Arabia, Australia, Hongkong, Korea, China and Russia.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Coastal Corporation Limited processes and exports aquaculture and sea-caught shrimp products in various forms — including raw (Headless Shell On, Peeled Deveined variants, Butterfly, Skewers) and cooked (Cooked Head On, Cooked PD/PDTO) — delivered as frozen blocks or IQF (Individual Quick Frozen) packs to international food retailers, distributors and food-service buyers across 10+ countries. The company operates three processing plants with a combined 97.5 metric tonnes/day capacity and holds HACCP, BRC, BAP, FDA and HALAL certifications.

Product overview

Coastal Corporation Limited is a leading producer and exporter of aquaculture seafood products, specializing in processed shrimp. The company operates three seafood processing plants with a combined daily capacity of 97.5 metric tonnes. Their product portfolio includes sea-caught and farmed shrimp products available in various processed forms (frozen blocks and IQF) including raw products like Headless Shell On (HL), Peeled Deveined variants (PDTO, PD, PUD), Butterfly cuts, and Shrimp Skewers, as well as cooked variants (Cooked Head On, Cooked HL, Cooked PDTO, Cooked PD). Raw materials include Sea Tiger, Whites, Pink Brown, Vannamei, and Black Tiger shrimp varieties sourced through sustainable aquaculture and sea-catching methods.

Differentiator

Problem solved

Functional benefit

Products and services

• Headless Shell On (HL) Shrimp Whole shrimp with head removed and shell intact; a popular form for foodservice and retail markets supplied to international buyers.
• Peeled Deveined Tail On (PDTO) Shrimp Shrimp with shell and veins removed, tail fin intact; ready-to-cook format for convenient preparation, supplied to international buyers.
• Peeled Deveined Tail Off (PD) Shrimp Fully peeled and deveined shrimp with tail removed; convenient portion-controlled format supplied to international buyers.
• Pulled Vein Tail On (PVPDTO) Shrimp Shrimp with vein pulled but shell left on, tail intact; traditional preparation style supplied to international buyers.
• Peeled Un-Deveined (PUD) Shrimp Peeled shrimp with vein still intact, tail on; retains more flavor and texture, supplied to international buyers.
• Butterfly Shrimp Butterfly-cut shrimp, deveined and opened flat; ideal for grilling and frying, supplied to international foodservice buyers.
• Shrimp Skewers Pre-threaded shrimp on skewers, ready for grilling; value-added convenience product supplied to international food-service and retail buyers.
• Cooked Head On Shrimp Pre-cooked shrimp with head still attached; ready to serve or further prepare, supplied to international buyers.
• Cooked HL Shrimp Pre-cooked headless shrimp with shell on; convenient ready-to-heat format supplied to international buyers.
• Cooked HL Easy-Peel Shrimp Pre-cooked shrimp designed for easy shell removal after cooking, supplied to international buyers.
• Cooked PDTO Shrimp Pre-cooked, peeled and deveined shrimp with tail on; ready-to-serve convenience product supplied to international buyers.
• Cooked PD Shrimp Pre-cooked peeled and deveined shrimp with tail off; fully prepared convenience product supplied to international buyers.
• Marinated Shrimp Marinated shrimp variants processed and supplied as a value-added frozen product to international buyers.

Quantifiable outcome

• 43 years of processing, production and distribution experience in seafood industry
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Seacrest Seafoods, Inc.coreOthersWholly-owned subsidiary handling US market operations and financial reporting. The subsidiary's financial statements are published annually as part of the company's investor relations.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Sandhya Marines Limited: Sandhya Marines is an Indian shrimp processor and exporter with processing capacity, international certifications, and an export footprint across EU/US/Japan — directly comparable to Coastal in operating model, capacity scale, and customer segments.
• Avanti Feeds Limited: Avanti Feeds is an Indian aquaculture company and one of the largest shrimp feed manufacturers globally, with integrated shrimp processing and export operations serving US, EU, and Asian markets — directly comparable to Coastal Corporation as an Indian-origin shrimp processor-exporter targeting the same global buyers.
• Devi Fisheries Limited: Devi Fisheries is one of India's largest shrimp exporters, with similar IQF and value-added frozen shrimp products, HACCP/BRC certifications, and global export reach — operating in the same value chain segment as Coastal Corporation.
• Nekkanti Sea Foods Limited: Nekkanti Sea Foods is an Indian shrimp processor and exporter based in Andhra Pradesh with similar HACCP/BAP certifications and global foodservice/retail customer base, making it one of the closest direct competitors to Coastal in product range and target markets.
• Abad Overseas Private Limited: Abad Overseas is an Indian seafood processor-exporter with frozen shrimp and value-added seafood products exported globally — comparable in scale, certification profile, and B2B export motion to Coastal Corporation.

Broad incumbents

• Thai Union Group Public Company Limited: Thai Union is the world's largest seafood processor (Chicken of the Sea, King Oscar, John West brands) with massive shrimp processing operations globally. It is a broad incumbent competing with Coastal for the same global retail and foodservice buyers but at vastly larger scale.
• Charoen Pokphand Foods Public Company Limited: CPF is a Thai/Asian seafood and aquaculture giant with integrated shrimp farming, processing, and export across global markets. It is a broad incumbent comparable to Coastal in shrimp value-added exports but operating at significantly larger integrated scale.

Regional players

• High Liner Foods Incorporated: High Liner Foods is a North American value-added frozen seafood company (shrimp, salmon, cod) serving US/Canadian retail and foodservice. It is comparable to Coastal in shrimp value-added processing and IQF/frozen formats, but operates primarily as a North American brand owner rather than an Asian exporter.

Emerging players

• Oceanic Shrimp Company: Oceanic Shrimp is an emerging shrimp processor serving US foodservice and retail with value-added cooked and raw frozen shrimp products. It is comparable to Coastal as a focused shrimp processor-exporter targeting similar end-markets, but with smaller scale and more limited geographic diversification.

Others

• AquaBounty Technologies: AquaBounty is an aquaculture technology company focused on sustainable fish production. While not a direct competitor to Coastal's processing business, it is an adjacent player in the broader aquaculture value chain that influences the supply of farmed seafood raw materials Coastal relies on.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/coastalcorp

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 Coastal Corporation