• The company is a multi-product multi-location agro processing firm dealing in solvent extractions, edible oil refining, cotton yarn, maize-based products and cattle feed.

• 81% of the turnover was from solvent extraction and oil refining business. Textiles, that is cotton yarn contributes 10%, maize processing contributes 8% and the balance 1% was from flourmill and cattle feed.

In solvent extraction, the company manufactures meal also known as de-oiled cakes and edible oil from various seeds such as soya, rapeseed, castor, sunflower, cottonseed among others.

• Cotton Yarn Division

GAEL is one of the leading cotton yarn manufacturers in India producing ring spun and open-end yarn. The average count spun by GAEL is in the range of 20s to 50s in ring spinning and 4s in open-end. It is a 100% export oriented unit and the entire output is exported to more then 30 countries worldwide. The major buyers are from South Korea, Israel and the European Union. The cotton yarn

• Maize Processing Products

The product of maize processing is having diversified applications. All the end use industries using the maize processing products like textiles, pharmaceuticals, confectionery and food products are growing reasonably well in India. In view of this, we fell that there is enough growth in demand to absorb competition.

• Wheat Flour

The wheat flour of the company is used as a direct product for consumption as well as raw material for manufacturing of cakes, bakes, pastry, pasta and biscuits by multinational companies as well as by quality conscious manufacturers. It is the most important ingredient in home baking and is the basic ingredient for almost every commercially baked product and pasta.

• Cattle Feed

The Ambuja brand cattle feed is a quality feed to animals and poultry. The product of the company is well accepted in Gujarat, Maharashtra and Rajasthan by the co-operative societies as well as the retail market.

• For the quarter ended Sept’06 the company witnessed a 135 increase in topline at Rs 358.15 crore. The EBIDTA increased by 55% to Rs 27.33 crore. Cotton yarn segment witnessed a growth of 34% (Rs 43.77 crore), maize 52% (at Rs 33.14 crore) while solvent, refining wheat flour and others 8% (at Rs 281.24 crore). EBIDTA margins for cotton yarn were at 22%, maize processing 16% solvent and others at 4.4%.

• New Projects (2006-07 & 2007-08)

• Maize processing to increase 500 TPD to 700 TPD, Cost Rs 20 crore , by 31-3-07
• New green field project of maize crushing 500TPD
• At Uttaranchal, Cost Rs 90 crore , by 31-3-07
• At Maharashtra with Ethanol and extra neutral alcohol facilities, Cost Rs 96 crore, by 31-9-07

• Green field project of cotton yarn spinning 30000 spindles +captive power plant of 4 MW+ replacement of 14000 spindles with latest technology, Cost Rs 125 crore, by 30-9-07
• Wind Mills (already set up) Rs 15.65 crore
• Total capex Rs 346.65 crore