|Sales Growth||Profit Growth||Expense Growth||Stock Price CAGR|
Coastal Corporation Limited (India) has a history of many years in processing, production, and distribution of seafood, globally. Over these three decades, it has earned market reputation through professional excellence amongst its global consumers and valued business allies. From the year of establishment to the current year of operation, it has been a remarkable journey of growth, continual improvement and sheer dedication and outstanding teamwork.
The company is a Visakhapatnam based 100% EOU engaged in the business of processing and export of shrimps. It is one of the leading shrimp exporters from India to the US markets. The company offers shrimps in various forms - raw frozen blocks and in IQF, cooked in frozen blocks and cooked in IQF form as per customers specifications.
It exports its products across globe markets - US, Europe, Canada, UAE, China and Hong Kong. The company is having substantial share of its revenue from exports of value-added products like headless shell on, butterfly, skewers, cooked, etc. The company has chalked down expansion plans for a pre-processing unit and a greenfield processing unit at KSEZ, Kakinada.
Business area of the company
The company offers premium seafood that promises outstanding freshness and natural flavors, produced strictly under the guidelines of sustainable harvesting and production processes, complete traceability to origin and source, Eco-friendly methods, methods and complete transparency.
Product line of the company
The company’s key product line consists of sea caught and aquaculture shrimps, value added and processed, raw or cooked in frozen blocks or IQF forms, as per the customer specifications. The company’s state of the art processing technologies, facilities and skilled manpower assures rightly sourced and naturally produced shrimps that are devoid of preservatives, antibiotics and hormones.
Awards and recognitions