Amrit Corp
Amrit Corp. Limited is a publicly listed Indian holding company operating a UHT dairy manufacturing business (Amrit Food), liquidating a real estate township (Gagan Enclave), and holding minority investments in group companies, following multiple divestitures since 2007.
- Company typePublic
- Founded1940
- HeadquartersNoida, India
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What Amrit Corp does
Amrit Corp. Limited is the flagship holding company of the Amrit Group, publicly listed on BSE Ltd. under scrip No. 507525, and headquartered in Noida, India. Originally incorporated in 1940 as Amrit Banaspati Company Ltd., the entity underwent a comprehensive restructuring in 2006-2007 that demerged its paper business into ABC Paper Ltd. and its edible oils and FMCG business into a renamed Amrit Banaspati Company Ltd., leaving Amrit Corp. with residual food, real estate, and corporate advisory operations. Subsequent strategic actions included the 2012 divestiture of the Rajpura edible oils facility to Bunge India for Rs. 231.19 crores, the 2013 voluntary delisting from UP Stock Exchange, and the 2020 share buyback via tender offer.
Today, Amrit Corp.'s primary operating activity is dairy processing through its wholly-owned Amrit Food division, manufacturing UHT-treated milk, flavoured milk, and dairy mixes at a single facility in Amrit Nagar, Ghaziabad, for retail distribution in North India. The real estate segment, centered on the Gagan Enclave township (77,649 sq.yds in Ghaziabad), has largely sold through its residential inventory and is liquidating remaining commercial built-up space via a joint development with Olympus Overseas Limited. Corporate/strategic advisory and BPO services to group companies were discontinued on April 1, 2015. The company retains ownership of the Gagan flagship brand and Group Corporate logo, plus minority investment holdings in group entities including Amrit Banaspati Company Ltd., Amrit Learning Ltd., and Amrit Agro Industries Ltd. Headcount stands at 51-100 employees across offices in Noida and Ghaziabad. The business model is essentially that of a legacy Indian conglomerate in managed decline, monetizing residual assets while maintaining public listing and dividend capacity.
Amrit Corp firmographics
Firmographics- Name
- Amrit Corp
- Legal name
- Amrit Corp. Limited
- Website
- https://amritcorp.com
- Company type
- Public
- Founded year
- 1940
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Amrit Corp. Limited is a publicly listed Indian holding company operating a UHT dairy manufacturing business (Amrit Food), liquidating a real estate township (Gagan Enclave), and holding minority investments in group companies, following multiple divestitures since 2007.
- Ownership category
- akta.pro rank
Amrit Corp industry classification
Industry- Product category
- Dairy Products
- NAICS
- Fluid Milk Manufacturing (311511), Dairy Product Manufacturing (3115)
- SIC
- Dairy Products (2020)
- akta.pro primary industry
- Private Label/Co-Manufactured Fluid Milk Processing (AFAHAAAI)
- akta.pro secondary industry
- Butter & Cultured Dairy (Yogurt, Sour Cream, Kefir) Wholesale (AFAIAEAB)
Keywords
Where Amrit Corp is headquartered
LocationHeadquarters
- HQ city
- Noida
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Amrit Corp business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Dairy Milk & Milk Products: Manufacturing and sale of UHT treated dairy milk, dairy mixes, flavoured milk and other milk products under the Amrit Food brand.
- Real Estate Development: Development and sale of residential plots and commercial properties in the Gagan Enclave township in Ghaziabad. The company has sold the entire residential area and is selling remaining commercial built-up shops.
- Real Estate - Joint Development: Tied-up with Olympus Overseas Limited for constructing premium independent floors on plots in Gagan Enclave.
- Corporate/Strategic Advisory & BPO Services: Past business segment providing advisory and BPO services to group companies including legal support, secretarial support, tax administration, accounting support. Discontinued since April 1, 2015.
- Investment Holdings: Investment holdings in group companies including Amrit Banaspati Company Ltd., owner of Gagan flagship brand and Group Corporate logo.
Distribution channels2 records
Marketing channels3 records
Amrit Corp product offering
Product offeringCore offering
Amrit Corp. Limited manufactures and sells UHT treated dairy milk, flavoured milk, and dairy mixes under the Amrit Food sub-brand carrying the Gagan flagship brand. It develops and sells residential plots and commercial properties in the Gagan Enclave integrated township in Ghaziabad, Uttar Pradesh, and holds equity investments in group companies including Amrit Banaspati Company Ltd., Amrit Learning Ltd., and Amrit Agro Industries Ltd. The company also previously provided corporate/strategic advisory and BPO services to group companies, a segment discontinued since April 1, 2015.
Product overview
Amrit Corp. Limited is a diversified conglomerate operating primarily in the dairy and food processing sector. The company operates through its Amrit Food division (UHT dairy milk and milk products) and retained ownership of the Gagan flagship brand and corporate logo. It also holds investments in group companies including Amrit Banaspati Company Ltd., Amrit Learning Ltd., and Amrit Agro Industries Ltd. The company previously operated in real estate (Gagan Enclave township) and BPO/advisory services, but has indicated these business segments no longer exist as ongoing operations.
Differentiator
Problem solved
Functional benefit
Brands
- Amrit Food: UHT treated dairy milk, dairy mixes, flavoured milk and other milk products
- Gagan Enclave
Products and services
- Amrit Food - UHT Dairy Milk and Milk Products
Companies that use Amrit Corp
Customer profileSegments2 records
Ideal customer profiles2 records
Amrit Corp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Amrit Corp partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Bunge India Pvt. Ltd.minorBunge India Pvt. Ltd. acquired the Edible Oils business and manufacturing facility at Rajpura, Distt. Patiala (Punjab) from Amrit Banaspati Company Ltd. (ABCPL) on slump sale basis as going concern for Rs. 231.19 crores. All movable & immovable assets, liabilities, business contracts, employees, intellectual property rights and secured & unsecured loans were transferred to Bunge.
- M/s Olympus Overseas LimitedminorDeveloper partner for Gagan Enclave real estate project. Olympus Overseas Limited purchased developed plots in Gagan Enclave and is constructing premium independent floors thereon. Has already constructed 75 floors/apartments on plot sizes ranging from 150-220 sq.yds. each having 3-bedrooms, drawing & dining room, kitchen, 2/3 toilets, store and parking space.
Scale indicators4 records
Recent moves9 records
Expansion highlights3 records
Amrit Corp competitors and assessment
Company assessmentDirect peers
- Parag Milk Foods: Listed Indian dairy and FMCG company (Gowardhan, Go, Pride of Cows) selling milk, cheese, ghee and flavoured milk. Comparable to Amrit Food across fluid milk, flavoured milk and dairy mix categories.
- Hatsun Agro Product: India's largest private-sector dairy company, selling fluid milk, curd, ice cream and value-added dairy products across South and East India. Comparable to Amrit Corp's Amrit Food business in product mix (UHT/tonned milk, flavoured milk, dairy mixes) and target end-consumers.
- Vadilal Industries: Indian listed dairy and ice cream company selling processed milk, ice cream and frozen dairy products. Overlaps with Amrit Corp's dairy processing activities and India retail distribution model.
- Heritage Foods: Listed Indian dairy and value-added dairy products company (curd, paneer, milk, sweets) with pan-India retail and B2B presence. Comparable to Amrit Food as a mid-sized branded dairy operator with similar product categories.
- Dodla Dairy: South-India-based listed dairy processor producing milk, curd, ghee, butter and flavoured milk. Overlaps with Amrit Food on fluid and value-added milk products and a similar scale of operations.
- Prabhat Dairy: Indian dairy processor with fluid milk, UHT and value-added dairy products for retail and B2B. Closely comparable to Amrit Food's UHT and flavoured milk positioning in North India.
Broad incumbents
- ITC Limited: Large diversified Indian conglomerate with a growing branded packaged foods and dairy business (Aashirvaad, Sunfeast, Fiama). Comparable to Amrit Corp as a publicly listed Indian holding company with diversified FMCG and food processing interests, though at vastly greater scale.
- Gujarat Cooperative Milk Marketing Federation (Amul): Largest dairy cooperative in India and dominant branded player across fluid milk, UHT, flavoured milk and dairy products. Amrit Food competes in the same categories but at a far smaller scale, making Amul the key incumbent benchmark.
- Mother Dairy Fruit & Vegetable: Large Indian dairy operator (NDDB-promoted) with a broad portfolio of milk, dahi, paneer and value-added dairy products across North India. Directly comparable to Amrit Food in geography and category, but at materially larger scale.
- Nestlé India: Major listed Indian FMCG company with milk and milk-product offerings (NAN, a+). Overlaps with Amrit Corp on processed, packaged dairy and milk-based nutrition, and shares the listed Indian holding company profile, but at a much larger scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Amrit Corp social profiles
Digital presenceAmrit Corp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Amrit Corp leadership team
Management profileNumber of profiles
Profiles12 records
Amrit Corp subsidiaries and ownership
Company hierarchySubsidiaries4 records
Amrit Corp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Amrit Corp 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 Amrit Corp
What does Amrit Corp do?
Amrit Corp. Limited manufactures and sells UHT treated dairy milk, flavoured milk, and dairy mixes under the Amrit Food sub-brand carrying the Gagan flagship brand. It develops and sells residential plots and commercial properties in the Gagan Enclave integrated township in Ghaziabad, Uttar Pradesh, and holds equity investments in group companies including Amrit Banaspati Company Ltd., Amrit Learning Ltd., and Amrit Agro Industries Ltd. The company also previously provided corporate/strategic advisory and BPO services to group companies, a segment discontinued since April 1, 2015.
Is Amrit Corp a public or private company?
Amrit Corp is a public company. It is classified as public and is currently operating.
When was Amrit Corp founded?
Amrit Corp was founded in 1940. It employs 51 to 100 people.
Where is Amrit Corp based?
Amrit Corp is headquartered in Noida, India, in the Asia region.
How does Amrit Corp make money?
Five revenue lines are on record. Dairy Milk & Milk Products are the primary driver. The others are real Estate Development, real Estate - Joint Development, corporate/Strategic Advisory & BPO Services and investment Holdings.
Who are Amrit Corp's main competitors?
Direct peers on record are Parag Milk Foods, Hatsun Agro Product, Vadilal Industries, Heritage Foods, Dodla Dairy and Prabhat Dairy. Broad incumbents are ITC Limited, Gujarat Cooperative Milk Marketing Federation (Amul), Mother Dairy Fruit & Vegetable and Nestlé India.
Does Amrit Corp have an API?
No public API is recorded for Amrit Corp.
What industry is Amrit Corp in?
Amrit Corp's product category is Dairy Products. Its primary akta.pro industry code is AFAHAAAI, Private Label/Co-Manufactured Fluid Milk Processing, with a secondary code of AFAIAEAB, Butter & Cultured Dairy (Yogurt, Sour Cream, Kefir) Wholesale. Its NAICS code is 311511 and its SIC code is 2020.