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Issue Date:07 August 2017     Price in Rs. R 6500    Price in USD. $ 100
    

Bhuvaneshwar, Odisha based Falcon Marine Exports Ltd (FMEL) is one of India’s largest exporters of sea food. It primarily exports to the US and Japan, and other European and South-East Asian countries. The products are sold under various brands including Tarax, Royal Gold, Aquagem, Sea Gold, Nice, Typee, Royal Tiger, and Royal Scampi.

 

 

Besides exports, the company is beginning to focus on domestic markets in a small way. It signed an MoU with the Government of Odisha to open 26 retail outlets under the government’s brand ‘Chilika Fresh’. Other private parties also have outlets under this brand name.

 

The company was incorporated on 03 July 1986 by Mr. Tara Ranjan Patnaik and Mr. Prava Ranjan Patnaik. The company has 7 directors – Prava Ranjan Patnaik (MD), Tara Ranjan Patnaik, Tulsi Das Bhayana, Iswar Charan Das, Rashmita Patnaik, Priyanka Mohanty and Dharmesh Nayak.

 

For the year ended Mar’16, the company reported standalone revenue of INR 9.18B (~USD 140m). The company reported net profit of Rs 570m (USD 8m)

  • Company Background
  • Business Highlights
  • Financial Performance
  • Financial Details

 

  • Board of Directors
  • Financial Summary
  • Profit & Loss Account
  • Balance Sheet
  • Ratios