Navjyoti Commodity Management Services

What Navjyoti Commodity Management Services does

Navjyoti Commodity Management Services Ltd. is a Hyderabad-based, privately-held agricultural supply chain services company and wholly-owned subsidiary of the LN Bangur Group, established in 1988. The company operates a pan-India network spanning 13 states and 300+ locations, including eight owned Agri Logistics Parks equipped with Vacuum Dewatered Flooring, electronic weighbridges, and in-house licensed fumigation teams. It handles over 7 million metric tonnes of agricultural commodities annually, including grains, cereals, pulses, beans, and oil seeds. The company is an accredited Warehouse Service Provider (WSP) for the Multi Commodity Exchange (MCX), with WDRA- and FSSAI-accredited storage locations and an NABL-accredited laboratory — Navjyoti Analytics and Research Laboratory (NARL) — providing multi-disciplinary chemical, physical, and biological testing across agri commodities, food, water, and pharmaceuticals.

Navjyoti generates revenue across seven integrated service lines: procurement and supply chain, collateral management, scientific storage and preservation, trade and commerce, intelligence services (weather, crop, and market analytics), value-added logistics (railway rake handling, truck transport, labor management), and testing and certification. Pricing is quote-based and not publicly disclosed. The go-to-market motion is enterprise field sales, targeting banks and financial institutions (collateral management), agricultural commodity processors (procurement and storage), farmers and cooperatives (post-harvest services), and food-safety testing clients. Distribution is delivered through directly owned infrastructure — warehouses, Agri Logistics Parks, and a central laboratory in Ahmedabad supported by satellite labs and field QC inspection points — rather than through third-party channels.

The customer base includes 10+ banks (HDFC, ICICI, Kotak, Yes Bank, Bank of Baroda, IndusInd, Federal Bank, Karur Vysya, Dena Bank, Bajaj Finserv), commodity exchanges (MCX, NCDEX, BSE, CDSL), global and domestic agri traders (LDC, Noble Group, Suminter, Muskaan, Reinhart), processors (Roquette), and energy-sector firms (Focus Energy, MRVM). The company is led by Chairperson Sheetal Bangur, with COO Ashok Pawar, CFO Srikrishna Modani, and President Vivek Tibrewalla handling operations, finance, and strategy respectively. Navjyoti received the MCX Best Warehousing Services Provider Award in 2019.

Name

Navjyoti Commodity Management Services

Legal name

Navjyoti Commodity Management Services Ltd.

Website

https://navjyoti.co.in

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

51–100 employees

Short description

Navjyoti Commodity Management Services is a Hyderabad-based agri supply chain operator, wholly owned by the LN Bangur Group, running 300+ pan-India warehouses and labs handling 7M+ MT annually for banks, processors, and commodity traders.

Ownership category

akta.pro rank

Product category

Agricultural Supply Chain Services

NAICS

Farm Product Warehousing and Storage (493130), Grain and Field Bean Merchant Wholesalers (42451)

SIC

Agricultural Services (700), Wholesale-Farm Product Raw Materials (5150)

akta.pro primary industry

Inland River/Barge Grain Terminals & Warehousing (AFAOACAE)

akta.pro secondary industries

Sampling, Inspection & Cargo Survey Services (Inbound/Outbound, Hold Inspections) (AFAOAMAF), Supply Chain Traceability & Farm-to-Fork Data Systems (AFAAAFAJ), Farm Finance, Input Procurement & Risk Tools (Budgeting, Inventory, Insurance Links) (AFAAAFAO)

Keywords

• Agri supply chain services
• Collateral management services
• Commodity warehousing services
• Agri commodity testing
• Warehouse receipt financing

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices16 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Procurement & Supply Chain Services: Sourcing and procurement services for agricultural commodities with efficient handling of high-quality produce. The company creates bridges between markets, farmers, and processing units.
2. Collateral Management: Capital support with safe, secure custody and reliable pledge of agri-produce for banks and financial institutions. Reduces trading and transaction risk of commodities.
3. Storage & Preservation: Scientific storage facilities and Agri Logistics Parks with advanced preservation mechanisms. Charges based on storage capacity and duration.
4. Testing & Certification: NABL accredited multi-disciplinary testing services in chemical, physical and biological testing for agri commodities, food, water, and pharmaceuticals.
5. Value Added Logistics Services: Railway rake handling, truck transport management, labor management, fumigation services, audit & reporting, and pest management services.
6. Intelligence Services: Weather predictions, crop-intelligence, and market price trend analysis enabling futuristic decision making for customers.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Navjyoti provides end-to-end agricultural supply chain solutions including scientific warehousing, collateral management for bank-pledged produce, procurement and sourcing, NABL-accredited commodity testing, value-added logistics (railway rake handling, truck transport, fumigation), and market intelligence (weather, crop, and price trends). The company serves banks, financial institutions, agri processors, commodity traders, and farmer cooperatives across 300+ locations in 13 Indian states.

Product overview

Navjyoti Commodity Management Services offers a comprehensive, integrated suite of agricultural supply chain services organized around seven core offerings: Procurement & Supply Chain, Collateral Management, Storage & Preservation, Trade & Commerce, Intelligence Services, Value Added Services, and Testing & Certification. The company operates through its NABL-accredited Navjyoti Analytics and Research Laboratory (NARL) for commodity testing and maintains a network of Agri Logistics Parks (ALPs) across eight locations. Services include sourcing, warehousing, collateral management, market intelligence, and logistics such as railway rake handling and transport management. The portfolio is unified under the Navjyoti brand, serving the agricultural value chain from farm to processing units.

Differentiator

Problem solved

Functional benefit

Products and services

• Procurement & Supply Chain Effective sourcing and procurement services for agricultural commodities with efficient handling of high-quality produce, connecting farmers, markets, and processing units across India.
• Collateral Management Safe, secure custody and reliable pledge management of agri-produce for banks and financial institutions, reducing trading and transaction risk with insurance coverage and price monitoring for margin calls.
• Storage & Preservation Scientific warehousing with Vacuum Dewatered Flooring, licensed fumigation teams, closed-circuit surveillance, and electronic temperature/moisture meters to protect commodities from pests, insects, and climatic conditions.
• Trade & Commerce Market intelligence and ecosystem tracking for agricultural produce and commodity markets, providing real-time data and analysis for customer decision-making.
• Intelligence Services Weather predictions, crop-intelligence, and market price trend analysis enabling futuristic decision-making for stakeholders.
• Value Added Services Railway rake handling, truck transport management, labor management, fumigation services, audit and reporting, and pest management services delivered across Agri Logistics Parks.
• Testing & Certification NABL accredited laboratory offering multi-disciplinary testing services in chemical, physical, and biological testing for agri commodities, food, water, and pharmaceuticals following ISO/IEC 17025:2005 standards.
• Navjyoti Analytics and Research Laboratory (NARL) NABL accredited division providing on-site and off-site multi-disciplinary testing services across 13 states through a network of central, satellite laboratory, and field QC inspection locations.
• Agri Logistics Parks (ALPs) State-of-the-art warehousing facilities with modern infrastructure including VDF flooring, loading bays, office buildings, conference rooms, internet connectivity, electronic weighbridges, and in-house laboratories across eight locations.

Quantifiable outcome

• Handles over 7 million metric tonnes of agricultural commodities annually
• +2 more outcomes

Named customers25 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered core.

• Multi Commodity Exchange (MCX)coreStrategic or Co-development PartnerNavjyoti is an accredited WSP (Warehouse Service Provider) for Multi Commodity Exchange. The company is also an MCX empanelled storage partner, enabling it to provide warehousing services linked to exchange-traded commodity contracts.
• HDFC BankcoreOthersBanking partner for collateral management services where agri-produce is pledged as collateral for loans. Services include safe custody, quality assurance, and insurance coverage for stored commodities.
• ICICI BankcoreOthersBanking partner for collateral management services involving structured warehousing for commodities pledged as collateral to financial institutions.
• Kotak BankcoreOthersFinancial institution partner for collateral management and warehouse receipt financing services.
• Yes BankcoreOthersBanking partner providing capital support through agri-produce collateral management.
• National Commodity & Derivatives Exchange (NCDEX)coreStrategic or Co-development PartnerCommodity exchange partnership providing trading and risk management solutions for agricultural commodities.
• Warehousing Development and Regulatory Authority (WDRA)coreOthersRegulatory partnership ensuring WDRA accredited storage locations meeting government standards for warehousing.
• National Accreditation Board for Testing and Calibration Laboratories (NABL)coreOthersNABL accreditation for Navjyoti Analytics and Research Laboratory (NARL) providing multi-disciplinary testing services meeting ISO/IEC: 17025:2005 standards.
• Food Safety and Standards Authority of India (FSSAI)coreOthersFSSAI accredited storage locations and testing facilities ensuring compliance with food safety standards.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Shree Shubham Logistics Limited: Indian agri-warehousing and logistics company providing storage, collateral management and allied services for agricultural commodities. Comparable in scale and customer profile to Navjyoti's warehousing and collateral management business.
• National Collateral Management Services (NCML): Collateral management and post-harvest services company working with financial institutions and commodity market participants. Direct peer for warehouse receipt financing and quality-assured storage services.
• National Bulk Handling Corporation (NBHC): Integrated commodity management company offering storage, collateral management, testing and market intelligence to banks, exchanges (NCDEX) and agri-processors. Closely comparable service portfolio and customer base to Navjyoti.
• Sohan Lal Commodity Management (SLCM): India's leading agri-warehousing and collateral management company providing scientific storage, finance against commodities and quality testing to banks, processors and traders. Most direct functional competitor to Navjyoti across collateral management and warehouse receipt services.
• Star Agri Warehousing & Collateral Management Ltd. Pan-India agri-warehousing and collateral management player empanelled with multiple banks and exchanges. Direct competitor in collateral management and warehouse-based commodity services; Navjyoti's COO previously held leadership roles here.

Broad incumbents

• Adani Agri Logistics Limited: Part of the Adani Group providing agri-warehousing, logistics and supply chain solutions across India. Operates large-scale silos and grain handling infrastructure; competes with Navjyoti for processor and government contracts though at significantly larger scale.
• Central Warehousing Corporation (CWC): Government of India undertaking operating one of the largest public-sector warehousing networks. Provides scientific storage, pest control and logistics services across India; overlaps with Navjyoti on storage and post-harvest services but at much larger scale and with government backing.
• Viterra (formerly Glencore Agriculture): Global agri-commodity merchant and asset operator with origination, storage and trading operations across major origins including India. Broad incumbent peer through scale of global commodity trading and infrastructure footprint.
• Louis Dreyfus Company India: Global agri-commodity merchandiser and processor with established India origination, storage and trading operations. Functions as both a Navjyoti customer (agri commodity partner) and a broad peer with overlapping capabilities in commodity sourcing, storage and trade finance.

Others

• National Commodity & Derivatives Exchange (NCDEX): Commodity derivatives exchange and Navjyoti's exchange partner, with related operational units providing commodity warehousing, surveillance and accredited WSP services. Indirect peer through delivery-center warehousing ecosystem rather than direct competitive overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NavjyotiMedia
• Facebookfacebook.com/NavjyotiCommodity
• LinkedInlinkedin.com/company/navjyoti

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

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 Navjyoti Commodity Management Services