Sukhjit Starch & Chemicals

What Sukhjit Starch & Chemicals does

Sukhjit Starch & Chemicals Ltd. is a publicly listed Indian corn wet milling company (BSE scrip 524542) founded in 1943 and headquartered in Phagwara, Punjab. It operates four wholly-owned manufacturing units across Punjab (Sukhjit Corn Products, Rehana Jattan), Telangana (Sukhjit Starch Mills, Nizamabad), West Bengal (Sukhjit Starch Industries, Malda), and Himachal Pradesh (Sukhjit Agro Industries, Gurplah), processing maize into a comprehensive portfolio spanning native and modified starch, dextrose (monohydrate and anhydrous), sorbitol 70%, liquid glucose, high maltose syrup, maltodextrin powder, and value-added by-products (maize oil, gluten, germ, bran/cattle feed). The technology base is conventional corn wet milling with integrated byproduct monetization across the full value chain. The customer base is exclusively B2B industrial — pharmaceutical excipients, food and beverage, confectionery, paper, textile, adhesives, and animal feed — served via direct sales teams at each plant with no public pricing or subscription tier. Revenue derives primarily from physical product sales, supplemented by managed-services income from a Mega Food Park that leases food-processing infrastructure to third parties. FY26 sales were Rs 1,432.43 crore (USD ~170M at prevailing INR/USD), with net profit of Rs 27.02 crore — a 32.37% YoY profit decline — though Q4 FY26 showed a sharp recovery with quarterly profit up 421% YoY. The company employs 1,001–5,000 staff, is governed by SEBI LODR compliance, and is led by Managing Director Kuldip Krishan Sardana with board restructuring (three new independent directors) slated for the August 2026 AGM. A capacity-doubling project at the Himachal Pradesh unit targeting Rs 500 crore incremental sales signals the principal growth lever.

Name

Sukhjit Starch & Chemicals

Legal name

The Sukhjit Starch & Chemicals Ltd.

Website

https://sukhjitgroup.com

Company type

Public

Founded year

1943

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Sukhjit Starch & Chemicals is a publicly listed Indian corn wet miller (BSE: 524542) founded in 1943. It manufactures maize starch, dextrose, sorbitol, syrups, modified starch, and by-products across four plants, supplying pharmaceutical, food, paper, textile, and feed industries.

Ownership category

akta.pro rank

Product category

Industrial Starch and Chemical Manufacturing

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)

akta.pro primary industry

Starches & Grain Derivatives Manufacturing (cornstarch, maltodextrin, glucose solids) (AFAKABAG)

akta.pro secondary industries

Starch-Based Thickeners (Native & Modified Starches, Dextrins) (AFAJAMAA), Glucose Syrups & Dextrose (Corn/Wheat/Tapioca Glucose, Dextrose Monohydrate) (AFAJAAAD), Native Starches & Flours (Corn, Potato, Tapioca, Wheat, Rice) (AFAJABAB)

Keywords

• Corn wet milling
• Maize starch production
• Starch derivatives manufacturing
• Dextrose and syrups
• Industrial starch supplier

Headquarters

HQ city

Phagwara

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Maize Starch and Derivative Products: Manufactures and sells a comprehensive portfolio of maize/corn wet milling products including Maize Starch, Dextrose (Monohydrate and Anhydrous), Sorbitol 70%, Liquid Glucose, High Maltose Syrup, Malto Dextrin Powder, Modified Starch, Maize Gluten, Maize Germ, Maize Oil, and Maize Bran for cattle feed. Revenue is generated from the sale of these industrial and food-grade products to downstream manufacturers and industries.
2. Food Park Operations: The company operates a Mega Food Park, providing food processing infrastructure and facilities to other food businesses, contributing to revenue diversification.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Sukhjit Starch & Chemicals Ltd. is a corn wet milling manufacturer that processes maize into a comprehensive portfolio of starch-based and derivative products. The company's offerings include Maize Starch, Dextrose Monohydrate, Anhydrous Dextrose, Sorbitol 70%, Liquid Glucose, High Maltose Syrup, Malto Dextrin Powder, Modified Starch, Maize Gluten, Maize Germ, Maize Oil, and Maize Bran (Cattle Feed). These products serve pharmaceutical, food, confectionery, paper, textile, adhesive, and animal feed industries through four manufacturing units across India.

Product overview

Sukhjit Starch & Chemicals is a corn wet milling facility established in 1943, producing a comprehensive portfolio of maize-based industrial and food ingredients. The company's product portfolio comprises three interconnected lines: (1) Core starch derivatives including Maize Starch, Modified Starch, Monohydrate Dextrose, and Anhydrous Dextrose used in food processing, pharmaceuticals, and industrial applications; (2) Syrup products including Liquid Glucose, High Maltose Syrup, Sorbitol 70%, and Malto Dextrin Powder serving as sweeteners and functional ingredients; and (3) Value-added by-products including Maize Oil extracted from corn germ, Maize Gluten, Maize Germ, and Maize Bran used in animal feed. The company operates four manufacturing units in Punjab, Telangana, West Bengal, and Himachal Pradesh, with a Mega Food Park initiative.

Differentiator

Problem solved

Functional benefit

Brands

• Sukhjit Corn Products: Corn products division based in Punjab
• Sukhjit Starch Mills
• Sukhjit Starch Industries
• Sukhjit Agro Industries

Products and services

• Maize Starch Primary product derived from corn wet milling, used as a thickening agent, binder, and stabilizer in food, paper, textile, and pharmaceutical industries.
• Monohydrate Dextrose Dextrose monohydrate form used in food applications, intravenous solutions, and as a fermentable sugar in various industrial processes.
• Sorbitol 70% Hydrogenated glucose syrup used as a humectant, sweetener, and moisture-retaining agent in food, cosmetics, and pharmaceutical formulations.
• Anhydrous Dextrose Water-free dextrose form used in food processing, pharmaceutical applications, and as an energy source in medical nutrition.
• Liquid Glucose Syrup derived from starch hydrolysis, used as a sweetener, thickener, and fermentable substrate in confectionery, brewing, and food industries.
• High Maltose Syrup Starch-derived syrup with high maltose content, used as a mild sweetener with excellent storage stability in food applications.
• Malto Dextrin Powder Easily digestible carbohydrate powder produced from starch, used as a nutritional supplement and food ingredient.
• Modified Starch Chemically or physically altered starch with enhanced functional properties for specific industrial applications.
• Maize Gluten High-protein by-product from corn wet milling used as animal feed ingredient.
• Maize Germ Embryo of corn kernel, rich in oil and nutrients, extracted during wet milling process.
• Maize Oil Oil extracted from corn germ, high in polyunsaturated fatty acids, used for cooking and as a key ingredient in margarine production.
• Maize Bran (Cattle Feed) Corn fiber produced during wet milling, rich in nutrients and used as a major ingredient in cattle feed to help increase milk yield.

Quantifiable outcome

• Rs 1432.43 crore in annual sales for FY26

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Riddhi Siddhi Gluco Biols: Indian corn wet milling and starch derivatives producer with a similar domestic-focused B2B model and overlapping product lines in starch, dextrose and glucose syrups.
• Sayaji Industries: Indian starch and starch derivative manufacturer with production across native and modified starches, dextrose and liquid glucose — competing in overlapping food and industrial segments.
• Universal Starch-Chem Allied: Indian manufacturer of starch and starch derivatives from maize, serving comparable food, pharmaceutical and industrial customers — directly comparable scale and business model.
• Gujarat Ambuja Exports: Large Indian manufacturer of starch, dextrose, maltodextrin and modified starch from corn wet milling, with a comparable multi-product portfolio and similar B2B customer base across food, pharma and industrial segments in India.
• Tirupati Starch & Foods: Indian corn starch and derivative producer with a product range spanning native starch, modified starch and allied products, competing for similar domestic B2B customers.

Broad incumbents

• Roquette: Global starch and polyol leader with a sizable Indian manufacturing footprint, competing head-to-head with Sukhjit in pharmaceutical-grade starches, dextrose, sorbitol and modified starches across the same end-markets.
• Tate & Lyle: International specialty starch and sweetener producer selling modified starches, glucose syrups and dextrose into food, beverage and industrial customers — overlapping strongly with Sukhjit's specialty derivatives portfolio.
• Cargill: Global agribusiness with Indian corn wet milling and starch/sweetener operations serving food, beverage and industrial customers — directly overlapping Sukhjit's product and customer profile but at much greater scale.
• ADM (Archer Daniels Midland): Global corn wet miller and ingredient supplier with starches, syrups and dextrose serving food, pharma and industrial customers — competes with Sukhjit in standardized commodity and specialty starch grades.

Emerging players

• EID Parry (Parry Enterprises): Diversified Indian food/ingredient company with a presence in starch-based sweeteners and related ingredient categories, partially overlapping with Sukhjit's industrial starch derivatives.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 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 Sukhjit Starch & Chemicals