Ruchi Soya and RF Solutions take the lead on sustainable soy from India

 Ruchi Soya and RF Solutions take the lead on sustainable soy from India 's-Hertogenbosch, The Netherlands, November 19, 2013: India's largest Soy processing Company, Ruchi Soya Industries Limited (Ruchi Soya) is proud to announce its Sustainability Verification Programme during the important and prestigious 2013 edition of the Food Ingredients Europe Exhibition. Ruchi Soya and its exclusive European marketing company RF Solutions, have teamed up with ProTerra Foundation and Solidaridad to engage in this initiative towards long term sustainability in Soy


Mr. Sarvesh Shahra, Business Head, Food and Specialty Products Division said, "The market is clearly shifting towards sustainability and is demanding sustainably produced agricultural products. Ruchi Group is working closely with the famers in India for the past three decades. This is the right time for Ruchi Soya to take the lead in developing India's first long term sustainability program and offer its customers a completely integrated solution. The European Union is a key and priority market for Non-GM Soy products.. Along with RF Solutions, Ruchi Soya will now provide its customers, the right solutions for sustainability and meet all the future demands from India. This initiative will help brighten the lives of millions of farmers across India and farmer livelihood development has always been at the core of Ruchi Soya's corporate philosophy. Ruchi Soya is proud to be a partner in this initiative, our commitment to Non-GM foods is reiterated with this global alliance."

With a proven track record on sustainability programmes in Brazil, Canada and France, The ProTerra Foundation is a valuable partner of the validation programme. Solidaridad has been working for many years in assisting farmers with sustainable practices and has been developing farmer programmes in India now for about 5 years.

The programme's starting point is the purchase of 12,000 RTRS credits followed in the near future through the purchase of 12,000 MT of certified beans. This will help over 10,000 certified farmers in the programme and additional 20,000 farmers who are improving their practices to become certified. The sale of certified non-GMO lecithin and soya meal shall gradually increase in the coming years under the programme. Meanwhile, Solidaridad plans to increase the farmer training programme to reach 70,000 farmers in the coming 2-3 years in India. The certification of groups of farmers and the verification work under the ProTerra Standard will be carried out by Cert ID, a company that has been in the Indian Non-GMO market for over 10 years.

The values estimated for buying the soya beans in India and for fostering the sustainability programme will be acquired and paid to the stakeholders in the programme through the sale of products under Chain of Custody Certificates in Europe. This will enable Ruchi Soya to buy the beans physically from the farmers who are participating in the programme, but most importantly, contribute to improving their livelihood and well being.

About Ruchi Soya Industries Limited:

Ruchi Soya is India's leading FMCG Company, India's number one cooking oil and soya food maker and marketer. Ruchi Soya has a turnover of over US$ 5 Billion and is an integrated player, from farm to fork. Ruchi Soya has secured access to oil palm plantations in India and other key regions of the world. Ruchi Soya is also the highest exporter of soya meal, lecithin and other food ingredients from India. Ruchi Soya is committed to renewable energy and exploring suitable opportunities in the sector.
About RF Solutions:

Established in 2009, RF Solutions introduced the Ruchithin soya lecithin from the Indian company Ruchi Soya Industries Limited onto the European market. Incorporating the sales and marketing experience as well as the technical expertise of RF Solutions. RF Solutions has enabled Ruchi Soya to become the industry leader in full traceable Non-GMO soya lecithin. Other ingredients RF Solutions successfully markets today include Ruchi Soya's fatty acids, tocopherols. soy meal and guar gum split.

If you would like to receive more information:
Yogesh Kolte Saskia Brokx
Head, Corporate Communication, Ruchi Soya Industries Limited RF Solutions
(+91) 98 2030 9121 (+31) 73 6481420 yogesh_kolte@ruchigroup.com info@rfseu.com

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Ruchi Soya and RF Solutions take the

lead on sustainable soy from India

's-Hertogenbosch, The Netherlands, November 19, 2013: India's largest Soy processing Company, Ruchi Soya Industries Limited (Ruchi Soya) is proud to announce its Sustainability Verification Programme during the important and prestigious 2013 edition of the Food Ingredients Europe Exhibition. Ruchi Soya and its exclusive European marketing company RF Solutions, have teamed up with ProTerra Foundation and Solidaridad to engage in this initiative towards long term sustainability in Soy.

- See more at: http://www.noodls.com/viewNoodl/20995620/ruchi-soya-industries-ltd/ruchi-soya-and-rf-solutions-take-the-lead-on-sustainable-soy#sthash.d9Yvq3Bv.dpuf

Ruchi Soya and RF Solutions take the

lead on sustainable soy from India

's-Hertogenbosch, The Netherlands, November 19, 2013: India's largest Soy processing Company, Ruchi Soya Industries Limited (Ruchi Soya) is proud to announce its Sustainability Verification Programme during the important and prestigious 2013 edition of the Food Ingredients Europe Exhibition. Ruchi Soya and its exclusive European marketing company RF Solutions, have teamed up with ProTerra Foundation and Solidaridad to engage in this initiative towards long term sustainability in Soy.

- See more at: http://www.noodls.com/viewNoodl/20995620/ruchi-soya-industries-ltd/ruchi-soya-and-rf-solutions-take-the-lead-on-sustainable-soy#sthash.d9Yvq3Bv.dpuf

India's refined palm oil imports to surge on low prices - Ruchi Soya exec

India's refined palm oil imports to surge on low prices - Ruchi Soya exec

India is likely to import a record 4 million tonnes of refined palm oil in 2013/14 as Indonesian suppliers are offering discount over the crude variety due to favourable export duty structure, an executive at the country's top edible oil buyer said.

Indonesia, the world's biggest palm oil producer, has hiked crude palm oil export taxes and cut the duty on the refined variant, shifting the economics for India, the world's largest vegetable oils importer, to refined product.
India's imports are traditionally dominated by crude oils which are then refined for the domestic market. But cheaper import of refined palm oil is keeping local refining capacity idle.

"Going by the current trend it seems imports of RBD (refined, bleached and deodorised) palm oil would be nearly half of total palm oil imports. Indonesia has duty advantage," Nitesh Shahra, president, refinery division of Ruchi Soya, told Reuters on Friday.

Indonesia has been offering RBD palm oil at a discount of $20 to $25 per tonne over crude palm oil and can offer higher discount to boost sales, he said.
India imported 8.3 million tonnes of palm oil in 2012/13 marketing year ended on Oct. 31, including a record 2.2 million tonnes, or 26.5 percent, of RBD palm oil, the data compiled by Solvent Extractors' Association of India (SEA) showed. (Reporting by Rajendra Jadhav; Editing by Gopakumar Warrier)

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ITC, Ruchi Soya among world’s fastest growing consumer firms

ITC, Ruchi Soya among world’s fastest growing consumer firms

Two Indian companies ITC and Ruchi Soya were among the world’s 50 fastest growing consumer firms during the June 2009-June 2010 period, according to the latest annual report by market research firm Deloitte.

According to the 4th annual report “Global powers of the consumer products industry 2011,” by the firm, India’s ITC Ltd, which sells cigarettes, food and personal care products besides presence in hospitality and paper segments, has been ranked 15th in the list, while edible oil maker Ruchi Soya stood at the 20th position.

The Deloitte report identified 250 largest consumer products companies, based on data available for the 12-month period between June 2009 and June 2010. During the period, ITC’s net sales stood at $4.04 billion at a growth rate of 17.2 per cent, while Ruchi Soya grew by 14.3 per cent with an annual sales of $3.01 billion.

France’s food processing firm Groupe Bigard SA topped the list by growing at a rate of 80 per cent and sales of $6.27 billion for the period.

“Currently, while India is represented by only two companies among the 50 fastest growing consumer product companies, there is a huge potential as large Indian conglomerates in the consumer business sector are witnessing strong growth,” Deloitte in India Senior Director Rajan Divekar said.

He said India’s growth story comes from the increasing consumption power among Indians and the modernisation of retailing. “As the Indian retail industry modernises, the cost of distribution is likely to fall, suppliers will have an incentive to invest in technology and consumers will gain access to cheaper, fresher and safer products,” he said.

While the list was mainly dominated by food, beverages and tobacco firms, most of the companies were from emerging markets, including Latin America and Asia Pacific region. Some of the other well-known global firms which are among the 20 fastest growing companies include Research in Motion, Reckitt Benckiser, LG Electronics and Samsung among others.

The report also highlighted that while there has been an overall 1.2 per cent decline in sales among the top 250 firms across the globe, the 50 fastest growing companies increased sales at a rate of 18.2 per cent.

“Acquisitions served as the primary growth driver for the fastest growing companies. Nine of the first 10 fastest 50 companies made significant acquisitions in 2008 and/or 2009, (and) propelled top line growth,” the report said.


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Ruchi Soya enters into JV with Japan''s Kagome, Mitsui

FMCG company Ruchi Soya Industries today signed an agreement with Japan''s Kagome and Mitsui to set up a joint venture (JV), RuchiKagome, to manufacture tomato products in India.

"Currently the total annual demand for processed tomato in the country is two lakh tonnes. We are planning to launch a range of tomato products along with Kagome," Ruchi Soya Managing Directer and Founder Dinesh Shahra said.
The company is looking to gain about 20 per cent market share in this segment in the next five years.

Ruchi Soya will have 40 per cent stake in the JV and the rest will be held by a special purpose company created by Kagome and Mitsui. Kagome and Mitsui own 66.7 per cent and 33.3 per cent stakes respectively in the SPC.
RuchiKagome will set up a manufacturing unit in Maharashtra with initial investment of Rs 44 crore and the commercial production will begin from June 2014, Dinesh Shahra said.

The company is planning to procure tomato directly from the farmers in the western region, he said. In the first phase, RuchiKagome will target business-to- business model in markets in and around Mumbai, NCR and Bangalore and is expecting Rs 340 crore revenue, then it would move to the business-to-consumer, he said.

"We will also look into exporting our products to countries where our JV is present. However, our initial focus will be on the domestic market," he said.
India is the second largest tomato producer in the world with 17 million tonnes production annually after China. Kagome is a leading tomato product company in Japan and supplies food and beverage products in 50 countries.

Source : http://news.in.msn.com.


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Corporate Values Of Ruchi Group

RELATIONSHIP:

Ruchi group has always cherished the relationship among our employees, business partners and our share holders. Its relationship that makes us what we are today and we always work to make them better.

INNOVATIONS:

Innovations are the key to ever lasting success and immortality. We have evolved because we made innovations in every thing related to business and work. For us innovation is not limited to technology and business opportunity. But it also implies that we make day today life better through innovative methods.

TEAMWORK:

No one has understood team work better than us. In spite of, being into different sectors and industry we are recognized by one name “RUCHI”. This signifies our joint effort towards making better future for everyone associated with us.

EXCELLENCE:

We have endeavored to excel in every field and every sector. It is our constant efforts which have given us PAN India presence and setting our footsteps in foreign lands also.


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During the third quarter of FY 2012-2013 – Ruchi Soya records 105% jump in Profit

During the third quarter of FY 2012-2013 – Ruchi Soya records 105% jump in Profit

Ruchi Soya Industries Limited (Ruchi Soya) has announced its un-audited financial results for the quarter ended December 31, 2012 (Q3). As compared to the corresponding period of the previous year, net profit for the quarter rose by 105.45% from Rs. 24.05 crore to Rs. 49.41 crore whereas net sales rose by 17.56% from Rs. 6,954.29 crore to  Rs. 8,175.16 crore.

During the quarter, branded sales registered a healthy 22.95% growth from Rs. 1,374.23 crore to  Rs. 1,689.59 crore. Refining capacity utilization improved by 8.85% from 4,78,589 MT to 5,20,960 MT. Export of Soya Meal in value improved by 47.29% from Rs. 883.16 crore to Rs. 1,300.83 crore. Sale of Textured soya protein (TSP) stood at Rs. 28.16 crore registering an impressive rise of 43.53% from Rs. 19.62 crore during Q3 in the last fiscal.

Commenting on the performance, Managing Director, Mr. Dinesh Shahra said, “I am happy to  share the healthy growth recorded by the Company during the third quarter ended December 31, 2012. Improved branded sales, better sales realization of oilseed extraction, effective control on the costs and favourable business sentiments helped us to get profit on the track. We are making our efforts to have good performance on a sustained basis in the times to come.”

Ruchi Soya Industries Limited

Featuring among the top five FMCG players in India, Ruchi Soya is India’s number one cooking oil maker and marketer. An Integrated player from farm to fork, Ruchi Soya has secured access to oil palm plantations in India and other important parts of the world. Besides being a leading manufacturer of high quality edible oils, soya foods, vanaspati, and bakery fats, Ruchi Soya is also the highest exporter of soya meal, lecithin and other food ingredients from India. RSIL features amongst top three players based on market share in the overall Refined Oil in Consumer Packs (ROCP) in India with leadership position in important segments like palm oil. Ruchi Soya is committed to renewable energy and exploring suitable opportunities in the sector.


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RUCHI GROUP PROFILE

RSIL is India's leading FMCG Company, India's number one cooking oil and soya food maker and marketer. Ruchi Soya has a turnover of over US$ 5 Billion and is an integrated player, from farm to fork. Ruchi Soya has secured access to oil palm plantations in India and other key regions of the world. Ruchi Soya is also the highest exporter of soya meal, lecithin and other food ingredients from India. Ruchi Soya is committed to renewable energy and exploring suitable opportunities in the sector.

 
Ruchi Group is a growing trading house of agro commodities and having its head-quarter  in Dubai, UAE. Ruchi's overseas offices are in India, Malaysia, Kenya, Uganda, Mozambique and having warehousing, processing & logistic facilities .

Ruchi Industrires is having portfolio of various agricultural products and food ingredients like Rice, Sugar, Wheat Flour, Sesame Seeds, Cooking Oil ( Palm Olein ), Milk Powder, Biscuits, pulses, spices and many more food items
.
Ruchi Group is a global value chain manager of agro commodities in the food staples and natural resources industries through exports and cross country businesses, across India, Pakistan, South-East Asia, Middle East, East & West Africa.

Ruchi Group is one of the key player in East African Rice Market. In our growth over the years, we have built relationships across countries, with numerous partners in the commodity  industry, thereby creating a strong presence in the market. Our capabilities lie in operating across the value chain, control physical flows, managing risk, optimizing returns and delivering value with trust to our valued customers.

Under the tutelage of Mr Anup Kumar who is having strong experience of 16 years in Agro commodity trading, RSIL has grown every quarter, since its inception in 2009. Keeping supply lines moving with quality products, meeting commitments on schedule, maintaining the group's forefront position of providing the very best on time at commitments on schedule, and maintaining the group's top position of providing the very best on time at every time- has inspired Ruchi to innovate and excel in all its aspects.

The team at Ruchi Group is skilled, experienced and professional Agro-Business Managers, who are having strong experience in agro based products and are working with full dedication.

Ruchi Group has an excellent integrated system of logistic management and Shipment & Input traceability, wherein online tracking of agro products shipments can easily be done, thus, making the business more efficient and better responsive. Ruchi Group operates with the latest IT tools like ERP, to manage and align its huge data in real time, in the best possible time.



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Attempt to tarnish Heggade condemned

The Mangalore Management Association has condemned attempts made to tarnish the image of Dharmadhikari of Shri Kshetra Dharmasthala Veerendra Heggade under the pretext of campaign for CBI investigation into the rape and murder of the 17-year-old girl in Dharmasthala in October 9, 2012. The Association said it wanted persons involved in the murder to be punished, but the incident should not be used to tarnish image of Mr. Heggade.

Power shutdown

There will be no power supply on Sunday between 6 a.m. and 6 p.m. in the MCF, MRPL, KIOCL, Ruchi Soya, NMPT, HPCL, UPCL, BASF, Bright Packaging, Rajashri Packagers, MSEZ, Panambur and other areas coming under the Baikampady Power Station.

14 couples wed in mass marriage

As many 14 couples married in a mass marriage programme held on the campus of Al Madeena in Nirangana village near Konaje on December 14. The programme was held in connection with the 20{+t}{+h}anniversary of Al Madeena Islamic Complex.

Protest in prison

Around 20 inmates of the Mangalore District Prison on Saturday carried out a snap protest against the new norm of not procuring cooked food from outside. The Prison Department personnel said they have been told to provide food cooked in the prison. Food from outside sources will be provided only by express orders of court. The 20 inmates did not eat food in the morning, but relegated in the evening after they were convinced of the norm by the prison personnel.

Health expo

A three-day expo showcasing health equipments and health services will be held at the T.M.A. Pai Convention Centre between December 16 and 18. As many as 58 manufacturers will be showcasing their equipments. Hospitals, including those from Mangalore, will be displaying their services during the Arogya Mela. Health Minister U.T. Khader will inaugurate the health equipment expo tomorrow. Medical Education Minister Sharan Prakash Patil will inaugurate the scientific conference on Tuesday.

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Maxus India bags media business of Ruchi Soya

Maxus India has been appointed as the agency on record (AOR) for Ruchi Soya (Popular Division), including brands Mahakosh, Sunrich and Ruchi Gold.
The agency won the account across a multi-agency pitch for Ruchi Soya's edible oils business.

The account will be handled by the agency's Mumbai office. It will be headed by Mangesh Korgaonkar. Alok Mahajan, head of marketing, Ruchi Soya Industries, Dinesh Shahra says "We are extremely excited to work with Maxus India, one of the fastest growing media agencies in the world. We were impressed with their clear vision on our business, their thought leadership and above all their enthusiasm to partner with us on our journey towards becoming a truly world class consumer brand. We hope to have a long association with the agency."

Kartik Sharma, managing partner, Maxus, adds, "We are delighted to come on board as an AoR for Ruchi Soya. Working with one of the leading FMCG companies in India, with a turnover of over Rs 26,000 crore, is truly a great opportunity. We hope to partner with the company on their ambitious expansion journey."

For the record, Maxus India was retained as the AoR for L'Oreal and the agency won several new businesses including Tata Tea, redBus and Musafir.com in 2013. Ruchi Group has secured access to oil palm plantations in India and other key regions of the world. Ruchi Soya is also one of the highest exporters of soya meal, lecithin and other food ingredients from India.



MORE LINKS:

CBI gives SC Aditya Birla diary showing payments made to politicians
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Advance tax collections fall in December quarter
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Ruchi Soya and RF Solutions take the lead on sustainable soy from India

India’s largest Soy processing Company, Ruchi Soya Industries Limited (Ruchi Soya) is proud to announce its Sustainability Verification Programme during the important and prestigious 2013 edition of the Food Ingredients Europe Exhibition. Ruchi Soya and its exclusive European marketing company RF Solutions, have teamed up with ProTerra Foundation and Solidaridad to engage in this initiative towards long term sustainability in Soy. Mr. Sarvesh Shahra, Business Head, Food and Specialty Products Division said, “The market is clearly shifting towards sustainability and is demanding sustainably produced agricultural products.

Ruchi Group is working closely with the famers in India for the past three decades. This is the right time for Ruchi Soya to take the lead in developing India’s first long term sustainability program and offer its customers a completely integrated solution. The European Union is a key and priority market for Non-GM Soy products. Along with RF Solutions, Ruchi Soya will now provide its customers, the right  solutions for sustainability and meet all the future demands from India.

This initiative will help brighten the lives of millions of farmers across India and farmer livelihood development has always been at the core of Soya’s corporate philosophy. Ruchi Soya is proud to be a partner in this initiative, our commitment to Non-GM foods is reiterated with this global alliance.”
With a proven track record on sustainability programmes in Brazil, Canada and France, The ProTerra Foundation is a valuable partner of the validation programme. Solidaridad has been working for many years in assisting farmers with sustainable practices and has been developing farmer programmes in India now for about 5 years. The programme’s starting point is the purchase of 12,000 RTRS credits followed in the near future through the purchase of 12,000 MT of certified beans. This will help over 10,000 certified farmers in the programme and additional 20,000 farmers who are improving their practices to become certified.

The sale of certified non-GMO lecithin and soya meal shall gradually increase in the coming years under the programme. Meanwhile, Solidaridad plans to increase the farmer training programme to reach 70,000 farmers in the coming 2-3 years in India. The certification of groups of farmers and the verification work under the ProTerra Standard will be carried out by Cert ID, a company that has been in the Indian Non-GMO market for over 10 years. The values estimated for buying the soya beans in India and for fostering the sustainability programme will be acquired and paid to the stakeholders in the programme through the sale of products under Chain of Custody Certificates in Europe. This will enable Ruchi Soya to buy the beans physically from the farmers who are participating in the programme, but most importantly, contribute to improving their livelihood and well being.



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Securing Origination: Ankesh Shahra at the Rabo Bank Advisory Board Meeting in Hong Kong, 2012

Shahra – Director, Business Development for Ruchi Agritrading Pte Ltd, Singapore were invited to attend the prestigious Rabo Bank Food & Agribusiness Advisory Board Meeting that was held in Hong Kong in November 2012. The Theme of the meeting was ‘Burgeoning world food demand and the shrinking  corporate universe” and Ruchi was specifically asked to present their views and perspectives on the importance of M&A for Ruchi across the Food and Agriculture supply chain.  Spread across two days, there were several important thought provoking issues discussed between the key decision makers of the largest Food and agribusiness companies from Asia and the world.

Mr. Dinesh Shahra spoke about the importance of acquisitions at the low end of the business cycle and the value that high quality upstream assets at origination offer for companies such as Ruchi. In  a discussion moderated by x-CNBC anchor Ms. Lorraine Hahn, Mr. Dinesh Shahra mentioned that Asian companies should continue to vertically integrate but in order to remain sustainable, they must combine this integration with specialization down the chain. This is to ensure that they remain the most efficient users of the capital they possess, as niche/specialized companies are on a growth trajectory and are delivering exceptional returns. CBI


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CBI raid at DMK leader M K Stalin’s residence blatant misuse of power: BJP
Activist’s murder: CBI raids infra firm in Pune
Coal scam: CBI registers two new cases against private companies
CBI raids Janardhana Reddy’s associates’ residence
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Ruchi Soya records 105% jump in Profit during the third quarter of FY 2012-13

Ruchi Soya Industries Limited (Ruchi Soya) has announced its un-audited financial results for the quarter ended December 31, 2012 (Q3). As compared to the corresponding period of the previous year, net profit for the quarter rose by 105.45% from Rs. 24.05 crore to Rs. 49.41 crore whereas net sales rose by 17.56% from Rs. 6,954.29 crore to  Rs. 8,175.16 crore.
During the quarter, branded sales registered a healthy 22.95% growth from Rs. 1,374.23 crore to  Rs. 1,689.59 crore. Refining capacity utilization improved by 8.85% from 4,78,589 MT to 5,20,960 MT. Export of Soya Meal in value improved by 47.29% from Rs. 883.16 crore to Rs. 1,300.83 crore. Sale of Textured soya protein (TSP) stood at Rs. 28.16 crore registering an impressive rise of 43.53% from Rs. 19.62 crore during Q3 in the last fiscal.

Commenting on the performance, Managing Director, Mr. Dinesh Shahra said, “I am happy to  share the healthy growth recorded by the Company during the third quarter ended December 31, 2012. Improved branded sales, better sales realization of oilseed extraction, effective control on the costs and favourable business sentiments helped us to get profit on the track. We are making our efforts to have good performance on a sustained basis in the times to come.”

Ruchi Soya Industries Limited
Featuring among the top five FMCG players in India, Ruchi Soya is India’s number one cooking oil maker and marketer. An Integrated player from farm to fork, Ruchi Soya has secured access to oil palm plantations in India and other important parts of the world. Besides being a leading manufacturer of high quality edible oils, soya foods, vanaspati, and bakery fats, Ruchi Soya is also the highest exporter of soya meal, lecithin and other food ingredients from India. Ruchi Soya features amongst top three players based on market share in the overall Refined Oil in Consumer Packs (ROCP) in India with leadership position in important segments like palm oil. Ruchi Soya is committed to renewable energy and exploring suitable opportunities in the sector.


More Links:
Income- tax department notices to 24 NSEL borrowersIncome Tax department keeping an eye on Narendra Modi’s rally
Income Tax department puts HRA exemption under scanner
CBI defends raids against Stalin, says searches not intended to target any individual: Full statement
CBI raid at DMK leader M K Stalin’s residence blatant misuse of power: BJP
Activist’s murder: CBI raids infra firm in Pune
Coal scam: CBI registers two new cases against private companies
CBI raids Janardhana Reddy’s associates’ residence
CBI conducts raids in connection with horse-trading allegation in Jharkhand Rajya Sabha elections

Ruchi Soya Industries Ltd. : Ruchi Soya registers 65% higher sales in H1

Ruchi Soya Industries Limited (RSIL) has announced its unaudited financial results for the half year (H1) and quarter (Q2) ended September 30, 2011.
As compared to the corresponding period of the previous year, net sales in H1 rose by 65% from Rs.7,262.87 crore to Rs.11,974.78 crore. Profit after Tax ( PAT) declined by 40% from Rs.116.04 crore to Rs.69.94 crore for the half year ended September 30, 2011.


Commenting on the performance for Q2, Mr. Dinesh Shahra, Managing Director, Ruchi Soya Industries Limited said, "The margin for the quarter has been impacted by the higher raw material prices, volatility in the commodity prices and marked to market (MTM) provisions due to steep fall in the USD-INR exchange rate. The provision of unrealized loss of Rs.84.93 crore on restatement of the monetary items at the close of the quarter is primarily on account of the USD borrowings. If the Rupee strengthens, this could be made up and impact positively in the coming quarters. The soya crop for the current season is reported to be better than the previous year. We are looking at higher capacity utilization of soya crushing operations in the current year and are hopeful of achieving better performances in the coming quarters.

RSIL is strengthening manufacturing processes while realigning products and markets for value creation. In the times to come, RSIL will focus on branded sales growth with product innovations. "
During Q2, the capacity utilization of crushing facilities increased from 36% to 41% and refining facilities increased from 76% to 82%. Imports rose by 35% from Rs.1,349.22 crore to Rs.1,820.62 crore. Despite lean season for soya crushing operations, the exports increased by 41% from Rs.269.39 crore to Rs.379.81 crore. The Branded sales have gone up by 50% from Rs.930.82 crore to Rs.1397.26 crore.

Ruchi Soya Industries Limited Featuring among the top five FMCG players in India, RSIL is the flagship company of Ruchi Group of Industries. Besides being a leading manufacturer of high quality edible oils, soya foods, vanaspati, and bakery fats, RSIL is also the highest exporter of soya meal, lecithin and other food in gredients from India. RSIL features amongst top three players based on market share in the overall Refined Oil in Consumer Packs (ROCP) in India with leadership position in important segments like Palm Oil.


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Ruchi Soya Industries Ltd. : Ruchi Soya and RF Solutions take the lead on sustainable soy from India.

Ruchi Soya Industries Ltd. : Ruchi Soya and RF Solutions take the lead on sustainable soy from India. Ruchi Soya and RF Solutions take the lead on sustainable soy from India ‘s-Hertogenbosch, The Netherlands, November 19, 2013: India’s largest Soy processing Company, Ruchi Soya Industries Limited (Ruchi Soya) is proud to announce its Sustainability Verification Programme during the important and prestigious 2013 edition of the Food Ingredients Europe Exhibition. Ruchi Soya and its exclusive European marketing company RF Solutions, have teamed up with ProTerra Foundation and Solidaridad to engage in this initiative towards long term sustainability in Soy.

Mr. Sarvesh Shahra, Business Head, Food and Specialty Products Division said, “The market is clearly shifting towards sustainability and is demanding sustainably produced agricultural products. Ruchi Group is working closely with the famers in India for the past three decades. This is the right time for Ruchi Soya to take the lead in developing India’s first long term sustainability program and offer its customers a completely integrated solution. The European Union is a key and priority market for Non-GM Soy products.. Along with RF Solutions, Ruchi Soya will now provide its customers, the right solutions for sustainability and meet all the future demands from India. This initiative will help brighten the lives of millions of farmers across India and farmer livelihood development has always been at the core of Ruchi Soya’s corporate philosophy. Ruchi Soya is proud to be a partner in this initiative, our commitment to Non-GM foods is reiterated with this global alliance.”
With a proven track record on sustainability programmes in Brazil, Canada and France, The ProTerra Foundation is a valuable partner of the validation programme. Solidaridad has been working for many years in assisting farmers with sustainable practices and has been developing farmer programmes in India now for about 5 years.

The programme’s starting point is the purchase of 12,000 RTRS credits followed in the near future through the purchase of 12,000 MT of certified beans. This will help over 10,000 certified farmers in the programme and additional 20,000 farmers who are improving their practices to become certified. The sale of certified non-GMO lecithin and soya meal shall gradually increase in the coming years under the programme. Meanwhile, Solidaridad plans to increase the farmer training programme to reach 70,000 farmers in the coming 2-3 years in India. The certification of groups of farmers and the verification work under the ProTerra Standard will be carried out by Cert ID, a company that has been in the Indian Non-GMO market for over 10 years.

The values estimated for buying the soya in India and for fostering the sustainability programme will be acquired and paid to the stakeholders in the programme through the sale of products under Chain of Custody Certificates in Europe. This will enable Ruchi Soya to buy the beans physically from the farmers who are participating in the programme, but most importantly, contribute to improving their livelihood and well being.





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Ruchi Soya joins hands with GAIN and CECOEDECON for the Fortification of Mahakosh Soyabean Oil with Vitamin A and D

India’s leading FMCG Company and No. 1 manufacturer & marketer of Edible oil and Soya products, Ruchi Soya Industries Limited (Ruchi Soya) will play a pivotal role in the project on ‘Soybean oil fortification Madhya Pradesh. Under this project, largest selling Soyabean oil brandin the state‘Mahakosh’ will now have additional health benefits of Vitamin A and D.This was announced recentlyinBhopal during the official launch ceremony of soybean oil fortification project graced by the Honourable Chief minister of Madhya Pradesh Shri. Shivraj Singh Chouhan. Also present on the occasion was Shri Kailash Vijayvargiya, Honourable Minister of Science & Technology & Food Processing, Government of Madhya Pradesh along with several other dignitaries.Centre for Community Economics and Development Consultants Society (CECOEDECON) has been working on ‘Soybean oil fortification’ in collaboration with the United Nations affiliated body, Global Alliance for Improved Nutrition (GAIN) and edible oil manufacturers in Madhya Pradesh.

Under this project, soyabean oil by leading companies will be fortified with the essential vitamins A & D. This initiative aims to curbmal nutrition in Madhya Pradesh with a primarily focus on the nutritional security. Mr. Sarvesh Shahra, Business Head, FMCG and Specialty Ingredients, Ruchi Soya Industries Limited commented, “The objective of the soyabean oil fortification project in Madhya Pradesh is to reduce health related problems arising due to Vitamin A and D deficiencies in the state. We are happy to partner with the NGOs and offering healthier options to the consumers of our soya oil brand Mahakosh in Madhya Pradesh. We will also work closely with NGOs like CECOEDECON and GAIN on the awareness generation campaign on Vitamin A and D deficiency and the strategiesto address it.”



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M&As in agri and food space: The challenges & rewards

India's share in the global M&A is increasing significantly. Baring 2009, the Indian M&A market it has growth anywhere between USD 45-55 billion. From where we were around 0.5% five years back, today we are almost close to 1.5-1.7% of the global M&A market which itself is growing at a rapid pace.

Ruchi Group of Industries, which recently launched margarine, is planning to introduce more healthy options of edible oils in future, Dinesh Sahara added. Talking about exports, he said, the company is expecting to ship about 1.7-1.8 million tonne soya meal compared to 1.5 million tonne last year. "We are expecting this rise in exports mainly due to higher global demand as the crops in South America was affected following drought," he said. On the soya bean production in the country this kharif season, he said, this year there is likely to be a record crop at about 10.5 to 11 million tonne and the arrivals will peak in mid-October. "The late rainfall did not have any major impact either on the crop yield or the size and this will boost the overall soya bean meal exports to about 5 million tonne this crop year (October-September) from 4.5 million tonne last year," Sahara said.

Rape seed or mustard crop is also likely to be 10-15 percent higher than last year at about 6.5 million tonne in this season mainly due to good rainfall and better soil condition in the producing areas, he said. Last year, the overall mustard output was at 5.34 million tonne. However, due to decline in production of groundnut and cotton seed the import is likely to be at 9.8 million tonne this oil year (November-October), which is yet to end, Dinesh Shahra said. The overall demand, which is also growing at 5 percent yearly, will also add to the rise in imports, he added. "In the next oil year we expect the overall imports to be half a million more than the current year," he said. Ruchi Soya stock price On December 10, 2013, at 10:13 hrs Ruchi Soya Industries was quoting at Rs 34.25, up Rs 3.40, or 11.02 percent.





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Ruchi Soya plans to step into ready-to-cook segment

MUMBAI:     FMCG major Ruchi Soya, which has soya food brand Nutrela and edible oil brand Ruchi under its portfolio, is planning to foray into the ready-to-cook segment soon.

"Going forward, the company is planning to focus on branded products. We will soon enter into the ready-to-cook segment soon, especially in the breakfast category, that may be an integration of soya food," a company source said here without giving any further details.

According to industry data, the total (organised and unorganised) ready-to-cook and eat market in the country stood at $13 billion in 2013.

Ruchi Soya, with a turnover of Rs 26,000 crore, is into cooking oil, palm plantation and also has products under soya foods, bakery fats and vanaspati products.

The company has five port based refineries, three standalone crushing plants, eight integrated crushing and refining plants, one refinery and vanaspati plant and two palm fruit processing units.

Talking about the company's future plans, Ruchi Soya Industries founder and Managing Director Dinesh Shahra said, "The company is planning to stress more on branded products, which will give us better margins. We are also planning to rebrand our existing products and venture into newer markets in the country."

The company has a very strong presence in the southern and western regions of the country, said Dinesh Shahra, while speaking on the sidelines of 'Globe Oil 2013' here.

"Going ahead, we will build a strong brand presence in the northern and eastern region of the country," he added.

Talking about the overall growth of the company in this fiscal, Shahra said, "We are bullish on the crushing season. With good onset of monsoon and improved production of oilseeds in the country, we are hoping for better utilization of crushing capabilities, which will lead to better results."

"Indian rupee's depreciation is bringing slowdown in the businesses, therefore, we are looking at competitive opportunities of growth in export driven products," he added.



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Soyumm Marketing sells 22.72 lakh shares of Ruchi Soya

On November 08, 2013 Ruchi Infrastructure Ltd bought 22,72,363 shares of Ruchi Soya Industries at Rs 35.75 on the NSE. However, Soyumm Marketing Private Limited sold 22,72,363 shares at Rs 35.75. In the previous trading session, the share closed at Rs 37.40, up Rs 2.10, or 5.95 percent. The share touched its 52-week high Rs 75.40 and 52-week low Rs 26.15 on 15 January, 2013 and 23 August, 2013, respectively. Currently, the stock is trading 50.4 percent below its 52-week high and 43.02 percent above its 52-week low.

Ruchi Soya Industries has reported a standalone sales turnover of Rs 6,052.01 crore and a net profit of Rs 2.58 crore for the quarter ended Sep '13. Other income for the quarter was Rs 63.75 crore. For the quarter ended Sep 2012 the standalone sales turnover was Rs 5,427.23 crore and net profit was Rs 65.66 crore, and other income Rs 83.16 crore. Ruchi Soya shares closed at 33.80 on November 14, 2013 (NSE) and has given -50.40% returns over the last 6 months and -47.88% over the last 12 months.




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November 08, 2013 Ruchi Infrastructure Ltd bought 22,72,363 shares of Ruchi Soya Industries at Rs 35.75 on the NSE. However, Soyumm Marketing Private Limited sold 22,72,363 shares at Rs 35.75. In the previous trading session, the share closed at Rs 37.40, up Rs 2.10, or 5.95 percent. The share touched its 52-week high Rs 75.40 and 52-week low Rs 26.15 on 15 January, 2013 and 23 August, 2013, respectively. Currently, the stock is trading 50.4 percent below its 52-week high and 43.02 percent above its 52-week low.

Read more at: http://www.moneycontrol.com/news/buzzingstocks/soyumm-marketing-sells-2272-lakh-sharesruchi-soya_986067.html?utm_source=ref_article

November 08, 2013 Ruchi Infrastructure Ltd bought 22,72,363 shares of Ruchi Soya Industries at Rs 35.75 on the NSE. However, Soyumm Marketing Private Limited sold 22,72,363 shares at Rs 35.75. In the previous trading session, the share closed at Rs 37.40, up Rs 2.10, or 5.95 percent. The share touched its 52-week high Rs 75.40 and 52-week low Rs 26.15 on 15 January, 2013 and 23 August, 2013, respectively. Currently, the stock is trading 50.4 percent below its 52-week high and 43.02 percent above its 52-week low.

Read more at: http://www.moneycontrol.com/news/buzzingstocks/soyumm-marketing-sells-2272-lakh-sharesruchi-soya_986067.html?utm_source=ref_article

November 08, 2013 Ruchi Infrastructure Ltd bought 22,72,363 shares of Ruchi Soya Industries at Rs 35.75 on the NSE. However, Soyumm Marketing Private Limited sold 22,72,363 shares at Rs 35.75. In the previous trading session, the share closed at Rs 37.40, up Rs 2.10, or 5.95 percent. The share touched its 52-week high Rs 75.40 and 52-week low Rs 26.15 on 15 January, 2013 and 23 August, 2013, respectively. Currently, the stock is trading 50.4 percent below its 52-week high and 43.02 percent above its 52-week low.

Read more at: http://www.moneycontrol.com/news/buzzingstocks/soyumm-marketing-sells-2272-lakh-sharesruchi-soya_986067.html?utm_source=ref_article

November 08, 2013 Ruchi Infrastructure Ltd bought 22,72,363 shares of Ruchi Soya Industries at Rs 35.75 on the NSE. However, Soyumm Marketing Private Limited sold 22,72,363 shares at Rs 35.75. In the previous trading session, the share closed at Rs 37.40, up Rs 2.10, or 5.95 percent. The share touched its 52-week high Rs 75.40 and 52-week low Rs 26.15 on 15 January, 2013 and 23 August, 2013, respectively. Currently, the stock is trading 50.4 percent below its 52-week high and 43.02 percent above its 52-week low.

Read more at: http://www.moneycontrol.com/news/buzzingstocks/soyumm-marketing-sells-2272-lakh-sharesruchi-soya_986067.html?utm_source=ref_article

November 08, 2013 Ruchi Infrastructure Ltd bought 22,72,363 shares of Ruchi Soya Industries at Rs 35.75 on the NSE. However, Soyumm Marketing Private Limited sold 22,72,363 shares at Rs 35.75. In the previous trading session, the share closed at Rs 37.40, up Rs 2.10, or 5.95 percent. The share touched its 52-week high Rs 75.40 and 52-week low Rs 26.15 on 15 January, 2013 and 23 August, 2013, respectively. Currently, the stock is trading 50.4 percent below its 52-week high and 43.02 percent above its 52-week low.

Read more at: http://www.moneycontrol.com/news/buzzingstocks/soyumm-marketing-sells-2272-lakh-sharesruchi-soya_986067.html?utm_source=ref_article

November 08, 2013 Ruchi Infrastructure Ltd bought 22,72,363 shares of Ruchi Soya Industries at Rs 35.75 on the NSE. However, Soyumm Marketing Private Limited sold 22,72,363 shares at Rs 35.75. In the previous trading session, the share closed at Rs 37.40, up Rs 2.10, or 5.95 percent. The share touched its 52-week high Rs 75.40 and 52-week low Rs 26.15 on 15 January, 2013 and 23 August, 2013, respectively. Currently, the stock is trading 50.4 percent below its 52-week high and 43.02 percent above its 52-week low.

Read more at: http://www.moneycontrol.com/news/buzzingstocks/soyumm-marketing-sells-2272-lakh-sharesruchi-soya_986067.html?utm_source=ref_article

November 08, 2013 Ruchi Infrastructure Ltd bought 22,72,363 shares of Ruchi Soya Industries at Rs 35.75 on the NSE. However, Soyumm Marketing Private Limited sold 22,72,363 shares at Rs 35.75. In the previous trading session, the share closed at Rs 37.40, up Rs 2.10, or 5.95 percent. The share touched its 52-week high Rs 75.40 and 52-week low Rs 26.15 on 15 January, 2013 and 23 August, 2013, respectively. Currently, the stock is trading 50.4 percent below its 52-week high and 43.02 percent above its 52-week low.

Read more at: http://www.moneycontrol.com/news/buzzingstocks/soyumm-marketing-sells-2272-lakh-sharesruchi-soya_986067.html?utm_source=ref_article

November 08, 2013 Ruchi Infrastructure Ltd bought 22,72,363 shares of Ruchi Soya Industries at Rs 35.75 on the NSE. However, Soyumm Marketing Private Limited sold 22,72,363 shares at Rs 35.75. In the previous trading session, the share closed at Rs 37.40, up Rs 2.10, or 5.95 percent. The share touched its 52-week high Rs 75.40 and 52-week low Rs 26.15 on 15 January, 2013 and 23 August, 2013, respectively. Currently, the stock is trading 50.4 percent below its 52-week high and 43.02 percent above its 52-week low.

Read more at: http://www.moneycontrol.com/news/buzzingstocks/soyumm-marketing-sells-2272-lakh-sharesruchi-soya_986067.html?utm_source=ref_article

Just 2/250: Ruchi Soya, ITC fastest homegrowns

Only two home-grown Indian companies — Ruchi Soya & ITC — have made it to the top 250 consumer companies in the world, says a survey by Deloitte titled ‘Global Powers of the Consumer Products Industry 2013’.

While Ruchi Soya has been ranked at 121, ITC stands at 150. For Ruchi Soya that manufactures edible oil and soybean products, it’s an improvement of 54 positions, Last year, the company stood at 175. On the other hand, cigarette and consumer goods maker, ITC has slipped by seven position in this year’s ranking.

If we look at the list of 50 fastest growing company in the world, Ruchi Soya has been ranked at 13, followed by ITC at 39.

While Ruchi Soya has recorded a 66% growth in sales in 2011-12, ITC’s net sales jumped 17.5% in the same period.

This is based on a survey by Deloitte on the data available till June 2012. For a company to make it to the list of top 250 consumer product companies, it has to have a minimum sale of Rs16,600 crore and has to register at least a 7% growth in sales on a yearly basis.

The report points out that as sales in the other established markets are taking a beating, companies from the emerging markets have started taking the lead in the fastest growing company in the world and going forward, this trend is likely to continue.

Dinesh Shahra, managing director of Ruchi Soya, said, “Improved branded sales, better sales realisation of oilseed extraction, effective control on the costs and favourable business sentiment helped us to get better performance in the past one year. We are making our efforts to have good performance on a sustained basis in the times to come.”

An ITC spokesperson said: “ITC’s aspiration to be the No. 1 in the FMCG sector in its new consumer goods businesses is supported by its relentless effort to build world-class brands that create, capture and retain value in India. These brands have earned significant consumer franchise and in addition, we are looking at enhancing the competitiveness of the entire value chain.”



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Ruchi Soya Industries Ltd INDORE

Ruchi Soya Industries, a company which has been in the business of edible oils for over two decades. They are offering a cooking medium to match the various tastes of this vast and varied nation. They are the leader in edible oil and soya food businesses in India. They are the first exporter of Soya Bean Meal from India. They are the also leading manufacturer of Textured Soya Protein and Vanaspati. At Present, Ruchi Soya Industries has only one subsidiary namely Ruchi worldwide Ltd. The company plants are located at Indore, Shajapur, Narsinghpur and Mandla in Madhya Pradesh, Mangalore in Karnataka, Raigad and Nagpur in Maharashtra, Haldia in West Bengal, Gandhidham in Gujarat, Thiruvallur in Tamilnadu, Sriganganagar and Bundi in Rajasthan. Ruchi, a pioneer Soya Processor Group started operations in the year 1972-73. In the year 1986 the company became a Public Limited company. In March 1991, the Production in Vanaspati Plant, Edible Soya flour and Oil Commenced with capacity of 7,500 MT, 60,000 MT, 12,000 MT respectively. During the year1991-92, the Company increased their existing capacity of Textured Soya Protein by 12,000 MT to 24,000 MT and Vanaspati by 7,500 MT to 15,000 MT. Also they commenced the production in their Lecithin Plant during the year. During the year 1992-93, the company increased the production capacity of Vanaspati from 15,000 MT to 30,000 MT. Also they installed Soyabean Extraction with a capacity of 60,000 MT. In the year 1994-95, the production capacity of oil has been increased from 30,000 tpa to 55,000 tpa and Soyabean Extraction from 60,000 tpa to 1,85,000 tpa. In the year 1995-96, they further increased the production capacity of Soya bean extraction, oils and Vanaspati by 2,47,000 tpa, 53,000 tpa, and 22,500 tpa respectively. In the year 1997-98, the company launched two new brands namely SUNRICH for Sunflower Refined Edible Oil and RUCHI GOLD for Refined Edible Palmolein Oil. In the year 1998-99, the Company launched two products namely Ruchi Sona and Ruchi Star. In the year 1999-2000, the company has invested in equity shares of Ruchi Health Foods Ltd which has become wholly owned subsidiary of the company. Also in the same year, Imperial Exports Ltd has ceased to be a subsidiary of the company. In the same year, one of the subsidiary company has set up a Refinery unit near Chennai which has commenced commercial production in the month of January, 2000.



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