JVL Agro

What JVL Agro does

JVL Agro Industries Ltd. is an Indian agribusiness company incorporated in 1989 and publicly listed on the National Stock Exchange (NSE: JVLAGRO), historically headquartered in Varanasi, India. The company operated in the agricultural commodities and processing sector, with a workforce in the 501-1000 range prior to its financial collapse. It was led by Mr. D. N. Jhunjhunwala as Chairman and Satya Narayan Jhunjhunwala as Managing Director & CEO.

The company has been under severe financial distress since 2019, evidenced by declining reported revenue, persistent negative EBITDA from 2017 through 2019, large net losses, and disclosed payment defaults on loans. This culminated in admission into the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016, followed by a Liquidation Order on 19 August 2020. A Liquidator was appointed and a Stakeholders' Consultation Committee constituted; in 2020, a Section 230 Compromise and Arrangement advertisement was also published as part of the resolution process.

The company is currently in liquidation with no active revenue operations. Its corporate website now functions solely as an investor-relations portal listing e-auction sale notices for the disposal of company assets — both as standalone blocks and as a going concern — issued at quarterly cadence from 2022 through 2026. Pricing models, distribution, and customer-facing business operations are not active. The remaining strategic activity is limited to insolvency proceedings and asset monetisation overseen by the Liquidator under IBBI (Liquidation Process) Regulations.

Name

JVL Agro

Legal name

JVL Agro Industries Ltd.

Website

https://jvlagro.com

Company type

Public

Founded year

1989

Operating status

Closed

Headcount range

501–1,000 employees

Short description

JVL Agro Industries Ltd. is an Indian agribusiness company founded in 1989 and publicly listed on NSE, currently in liquidation under the Insolvency and Bankruptcy Code following a Liquidation Order dated 19 August 2020, with assets being disposed of via e-auction.

Ownership category

akta.pro rank

Headquarters

HQ city

Varanasi

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Core offering

No source content was provided in the input for JVL Agro, so the core offerings cannot be characterized from the supplied data.

Differentiator

Problem solved

Functional benefit

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves7 records

Expansion highlights2 records

Broad incumbents

• ITC Limited: ITC Limited is a major Indian conglomerate with a substantial agribusiness division covering wheat, rice, leaf tobacco, and other commodities. Comparable to JVL Agro as a large Indian agribusiness player operating across the agricultural value chain.
• Bayer CropScience India: Bayer CropScience India is the Indian subsidiary of Bayer's crop science division, focused on seeds, crop protection chemicals, and digital farming solutions. Comparable to JVL Agro as a major agribusiness player with India operations.
• Britannia Industries: Britannia Industries is one of India's largest food companies with operations in bakery and dairy products, listed on Indian stock exchanges. Comparable to JVL Agro as an Indian publicly listed food/agribusiness company of significant scale.
• Cargill India: Cargill India operates the Indian arm of global agribusiness major Cargill, with activities in grain and oilseed origination, edible oil refining, and food ingredients. Comparable to JVL Agro as a major agribusiness presence in India with commodity trading roots.
• Aditya Birla Group (Grasim Industries): Aditya Birla Group has significant agribusiness operations in India through subsidiaries like Indo Gulf Fertilisers and Birla Carbon. Comparable to JVL Agro as a major Indian conglomerate with agribusiness interests and publicly listed entities.

Direct peers

• Adani Wilmar: Adani Wilmar is one of India's largest food and agribusiness companies (joint venture between Adani Group and Wilmar International), with operations in edible oils, wheat flour, rice, and pulses. Comparable to JVL Agro as a publicly listed Indian agribusiness of similar broad scope.
• Coromandel International: Coromandel International is a leading Indian agribusiness company specializing in fertilizers, crop protection, and specialty nutrients, listed on Indian stock exchanges. Comparable to JVL Agro as a publicly listed Indian agribusiness company.
• Godrej Agrovet: Godrej Agrovet is a diversified Indian agribusiness company with operations across animal feed, crop protection, oil palm, and dairy, part of the Godrej Group. Comparable to JVL Agro as a publicly listed Indian agribusiness player.
• Tata Chemicals: Tata Chemicals is an Indian chemicals and agribusiness company with crop nutrition and food additives operations as part of the broader Tata Group. Comparable to JVL Agro as an Indian agribusiness entity of historical operational scale.
• UPL Limited: UPL Limited is a major Indian-listed agribusiness company focused on agrochemicals, seeds, and post-harvest solutions with significant global operations. Comparable to JVL Agro as an Indian publicly listed agribusiness of meaningful scale.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights4 records

Customer concentration

• Xx.com/jvlagro
• LinkedInlinkedin.com/company/jvl-agro-industries-ltd

Revenue estimate

Valuation estimate

Number of profiles

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 JVL Agro