Potus India Pvt. Ltd. (formerly known as Potus Kirana Pvt Ltd) was incorporated in April'19. The company is presently engaged in the export of Agricultural Commodities, mainly Sugar, Animal Feed, Rice, and the import of Edible Oil which is being sold in the Indian edible oil refineries. Potus India is sourcing empty PP Bags for packaging various commodities such as sugar and rice in domestic as well as in the International Market to improve efficiency. Potus provides end-to-end solutions to all its clients and customers including Transportation and Logistics.
The company started its business with local distribution channels and partnered with local F&B (Food & Beverages) manufacturers i.e., Pansari Industries, Britannia Industries, etc. situated in Northern India. As the Government of India offered incentives for the export of sugar, the company diverted its primary focus to the export of Sugars & P.P. Bags and simultaneously import edible oil to supply various edible oil refineries.
India has huge demands and hence the opportunity to scale up the business in almost all the commodities. Thus, the Management is focused and is in discussions to acquire a few manufacturing/packaging assets for edible oil and sugar. The company also facilitates itself with warehouses which benefit the company to stock and sell as per the market demand.
The company’s key managerial people are young and enthusiastic and have experience of more than 10 years in the above business which enables the company to utilize a SWOT analysis in an appropriate method that strengthens Potus India’s long-term vision and mission.
Potus is thriving year on year with a sound financial position. In the first financial year i.e., 2018 – 2019, revenue stood at Rs. 7.38 crores with Net Profit After Tax of about Rs. 12 Lakhs wherein in the last FY 2022 – 2023, the revenue stood at Rs. 249 crores with Net Profit After Tax approximating to Rs. 2 crores. The company enjoys the trust of various big financial institutions in the form of working capital banking facilities with leading banks such as ICICI Bank Ltd, HDFC Bank Ltd, and Bank of Baroda.
The company is focused to remain engaged in commodity business as it is one of the primary and most necessary requirements of the world’s 700+ crores of population.