We use cookies for analytics and ads to improve your experience. You can accept or decline. See our Privacy Policy.
Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Credit Rating (CRISIL)
IND BBB / Stable / IND A3+
Rates the company's debt-servicing ability — not the quality or value of its shares.
Valuation
Financials (FY2022-23)
Investment Thesis
Balaji Agro Oils Limited is a long-standing regional edible oil processor in Vijayawada, Andhra Pradesh, with over 30 years of operational history. However, the share price at face value (₹10) and limited public data reflect a company with constrained growth and minimal investor interest. The edible oil sector's intense competition from national players, commodity price volatility, and lack of brand differentiation are structural headwinds. Investors should conduct thorough due diligence and verify the company's current operational and financial status before considering any position.
Pros
Cons
Business Segments
Edible Oil Manufacturing
Solvent extraction and refining of vegetable and animal oils and fats; edible oil production for consumer and industrial markets.
Revenue Model
Balaji Agro Oils generates revenue through the processing and sale of refined edible oils and vegetable fats. Raw materials (oilseeds or crude palm oil) are processed into finished edible oil products sold under the company's brand or in bulk to distributors, wholesalers, and institutional buyers in Andhra Pradesh and surrounding regions.
Detailed Analysis
Growth Plans
Rising per-capita edible oil consumption in Andhra Pradesh and Telangana
Potential to supply bulk edible oils to institutional clients (hotels, food processors, government schemes)
Diversification into branded specialty oils (cold-pressed, organic) could improve margins
Industry Tailwinds
Rising per-capita edible oil consumption in Andhra Pradesh and Telangana
Recent Developments
Balaji Agro Oils reported EBITDA growth of 181.10% over the previous year in FY2023, with revenue in the ₹100–500 crore range. This suggests either improved edible oil margins or significant cost reduction.
FY2023Frequently Asked Questions
About Balaji Agro Oils
Balaji Agro Oils Limited is a Vijayawada-based manufacturer of vegetable and animal oils and fats, incorporated on 2 May 1994 in Andhra Pradesh. The company's CIN is L15143AP1994PLC017454, and its registered address is at 74-2-19, Old Check Post Centre, Patamata, Vijayawada, Andhra Pradesh 520007. With an authorised share capital of ₹14 crore and paid-up capital of ₹10.58 crore, Balaji Agro Oils operates as a mid-scale edible oil manufacturer. Its operating revenue for FY2023 was in the ₹100–500 crore range — a significant revenue band that positions it as a meaningful regional player in the competitive edible oils market. Notably, the company's EBITDA improved by 181.1% over the previous year in FY2023, suggesting a strong profitability recovery driven by either improved realisation or operational efficiencies. Andhra Pradesh is a key state for edible oil processing in India, given its position as a major producer of groundnut, sunflower, and rice bran — all key feedstocks for edible oil refining. Vijayawada, located in the Krishna district, is a major agricultural commodity trading hub, providing convenient access to raw material supplies. Balaji Agro Oils manufactures refined/processed edible oils for retail and bulk buyers across southern India. The Indian edible oils market is the world's third-largest by volume, with consumption driven by the 1.4 billion population's cooking oil demand. The market has experienced significant volatility in recent years due to global palm oil and sunflower oil price swings linked to Malaysia, Indonesia, and Ukraine supply dynamics.
Key Milestones
Incorporated December 2, 1994 in Vijayawada, Andhra Pradesh (CIN: L15143AP1994PLC017454)
Common questions about unlisted shares
You buy from and sell to the wisefolio desk — shares route through the desk's demat, money-in before shares-out.
You enquire
· Takes 2 minutesTell us the company and quantity you want. Share your demat details so we can settle directly into your account.
We source & quote
· Typically within 1 business dayOur desk sources the shares and comes back with a firm price and an allocation for the quantity available.
You accept the allocation
· Quote valid for 3 daysReview the price, quantity and total. Accept to lock the allocation. The quote is valid for a short window before it needs re-pricing.
You transfer the funds
· Pay within 2 days of acceptingPay by direct bank transfer to the desk's published account — never to a personal account. We confirm receipt and begin the transfer.
Shares reach your demat
· Usually credited within 2–3 business daysOnce payment is verified, the shares are transferred from the desk's demat into yours, and you receive a transfer confirmation.
A principal desk for unlisted & pre-IPO shares — you transact with us, not a stranger.
You enquire
Takes 2 minutes
We source & quote
Typically within 1 business day
You accept the allocation
Quote valid for 3 days
You transfer the funds
Pay within 2 days of accepting
Shares reach your demat
Usually credited within 2–3 business days
Unlisted shares are illiquid and carry higher risk. Pricing is indicative, not live, and these are private off-market transactions with no exchange settlement guarantee. Read the full risk disclosure.
Be the first to discuss Balaji Agro Oils — share your research, ask questions, or compare notes with other investors.
Potential to supply bulk edible oils to institutional clients (hotels, food processors, government schemes)
Diversification into branded specialty oils (cold-pressed, organic) could improve margins
Industry Headwinds
Continued margin pressure from large national branded edible oil companies
Import duty and global price volatility in crude palm oil
Limited brand equity constraining retail market penetration
Edible oil raw material prices — crude palm oil (imported), groundnut, sunflower — are highly volatile. India imports ~60–70% of its edible oil requirements, exposing processors to global price fluctuations and currency risk.
Source: AlphaHub Research
The edible oil market is dominated by large national brands including Adani Wilmar (Fortune), Ruchi Soya (Nutrela/Patanjali), Emami Agrotech, and multinationals like Cargill. Small regional players like Balaji Agro Oils face significant disadvantages in marketing, distribution, and pricing.
Source: Media Reports / Public Records
FSSAI regulations on edible oil quality standards, labeling requirements, and trans-fat content create ongoing compliance obligations for edible oil processors.
Source: Regulatory Filings
At ₹10 (face value), the share has minimal secondary market activity. Exit from an unlisted position in this company could be very difficult.
Source: Company Financial Filings
Edible oil raw material prices — crude palm oil (imported), groundnut, sunflower — are highly volatile. India imports ~60–70% of its edible oil requirements, exposing processors to global price fluctuations and currency risk.
The edible oil market is dominated by large national brands including Adani Wilmar (Fortune), Ruchi Soya (Nutrela/Patanjali), Emami Agrotech, and multinationals like Cargill. Small regional players like Balaji Agro Oils face significant disadvantages in marketing, distribution, and pricing.
FSSAI regulations on edible oil quality standards, labeling requirements, and trans-fat content create ongoing compliance obligations for edible oil processors.
At ₹10 (face value), the share has minimal secondary market activity. Exit from an unlisted position in this company could be very difficult.
Listed (L-prefix); ISIN INE049E01011; LEI: 894500WR4FDIOQIOAC77
Registered at 74-2-19, Old Check Post Centre, Patamata, Vijayawada 520007
Revenue Rs.100-500 Cr range (FY23); paid-up capital Rs.10.58 Cr; Vallabhaneni and Gottipati family promoters