KS Oils

KS Oils Limited
Company typePublic
NSE: KSOILS
BSE: 526209
IndustryFast-moving consumer goods Conglomerates
Founded1985; 40 years ago (1985)[1]
HeadquartersMorena,
Madhya Pradesh, India
Key people
ProductsEdible Oil
Mustard oil
Soybean Oil
Palm Oil
Vanaspati
Revenue$4246.19 Million USDIncrease147.32%
Number of employees
~ 3,000 (2008)
Websitewww.ksoils.com

KS Oils Limited is an Indian fast-moving consumer goods company in the edible oil market.

K S Oils has near to 3000 employees spread over its 7 manufacturing plants, marketing offices and plantations in India, Malaysia, Indonesia and Singapore.

History

KS Oils was a privately held entity till 1990 when it became deemed public company. On 8 February 1993, the company became a public listed company. The main object of the company is manufacturing and dealing in oils, vegetable oils and fats, products of plantation, soaps and allied products.[2]

Brands

KS Oils owns some of the big brands in the mustard oil segments. Brands held by the company include:

Indian Idol singers Amit Paul and Emon Chatterjee feature in the Double Sher TV Advt.[5]

These brands have strong leadership position in their categories.[7]

Awards

  • One of the India's most Investor Friendly Companies - Rankings by Business Today[8]
  • Featured among ET500 for the year 2007, 2008 - Rankings by The Economic Times[8]
  • Fastest Growing Companies in India, 2007 - Ranking by Business Today, Rank 5.[8]
  • Solvent Extractors Association of India's Award for Highest processor of Rapeseed Oil Cake in India for the years 1994-1995, 1999-2000, 2004–2005, 2005-2006, 2006-2007, 2007–2008.[8]
  • GLOBOIL India Awards - GLOBOIL Emerging Company of the year 2006 for KS Oils and Oilman of the year award for Mr. Rameshchand Garg.[8]

Controversy

KS Oils has defaulted on SBI loans worth Rs. 596 crores, and is second on SBI's loan write-off list.[9][10]

References

  1. ^ "Mustard oil, Rapeseed oil, healthy cooking oils manufacturer in India". www.ksoils.com.
  2. ^ "KS Oils > Company History > Edible Oils & Solvent Extraction > Company History of KS Oils - BSE: 526209, NSE: KSOILS". www.moneycontrol.com.
  3. ^ "Kalash is K S Oil's flagship premium brand in the mustard oil segment". ksoils.com.
  4. ^ "K S Oils' Double Sher is a leader in branded mustard oil". ksoils.com.
  5. ^ "- YouTube". www.youtube.com.
  6. ^ "K S Soya, the refined soya bean oil brand was introduced by K S Oils Ltd". ksoils.com.
  7. ^ "Latest Commodities News, Commodities Market News, News Commodities India, Commodity News, Commodity Prices, Share/Stock Market News, Business News". www.commodityonline.com.
  8. ^ a b c d e "Mustard oil, Rapeseed oil, healthy cooking oils manufacturer in India". ksoils.com.
  9. ^ Rai, Dipu (16 November 2016). "DNA Exclusive: SBI writes off loans of 63 wilful defaulters". DNA India.
  10. ^ Quint, The (16 November 2016). "SBI Writes Off Loans Worth Rs 7,016 Cr; Mallya Among Defaulters". TheQuint.