Company Coastal Corporation Limited

Equities

COASTCORP

INE377E01016

Food Processing

Market Closed - Bombay S.E. 03:30:52 25/06/2024 pm IST 5-day change 1st Jan Change
229.2 INR -0.22% Intraday chart for Coastal Corporation Limited +0.86% -12.05%

Business Summary

Coastal Corporation Limited is an India-based company engaged in the processing and export of sea food. The Company is engaged in the processing of a variety of shrimps and shrimp products. The Company's products are exported to foreign markets, which mainly include the United States of America, and also to other countries such as Europe, Canada, the United Arab Emirates, Saudi Arabia, Australia, Hong Kong, Korea and China. It offers shrimps in different forms, such as raw, cooked in frozen blocks and cooked in individual quick freezing (IQF) form as per customer's specifications. Its variety of shrimps includes sea caught shrimps, which include Sea White (Penaeus Indicus), Sea Tiger (Penaeus Monodon) and Pink Brown Shrimp (Metapenaeus monoceros), and aquaculture shrimps, which include Black Tiger (Penaeus Monodon) and Vannamei (Litopenaeus vannamei). The Company sells its products under the brand name of Coastal, Coastal Premium, Coastal Gold, Jewel and President.

Number of employees: 650

Sales per Business

INR in Million2022Weight2023Weight Delta
Shrimp
89.0 %
4,400 89.6 % 3,139 89.0 % -28.66%
Shrimp Trading
6.5 %
316 6.4 % 228 6.5 % -28.06%
Export Incentives
4.6 %
195 4.0 % 161 4.6 % -17.38%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
4,911 100.0 % 3,527 100.0 % -28.18%

Managers

Managers TitleAgeSince
Chief Executive Officer 69 27/11/27
Director of Finance/CFO - 01/88/01
Compliance Officer - -
Corporate Officer/Principal 60 10/90/10
Comptroller/Controller/Auditor 51 11/99/11

Members of the board

Members of the board TitleAgeSince
Director/Board Member 77 14/15/14
Chairman - 01/21/01
Director/Board Member 76 13/18/13
Chief Executive Officer 69 27/11/27
Director of Finance/CFO - 01/88/01
Director/Board Member 60 01/04/01
Director/Board Member - 30/14/30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 13,463,500 5,958,517 ( 44.26 %) 0 44.26 %

Company contact information

Coastal Corp. Ltd.

Jayaprada Apartments Nowroji Road

530002, Visakhapatnam

+91 89 1256 7118

http://www.coastalcorp.co.in
address Coastal Corporation Limited(COASTCORP)

Group companies

NameCategory and Sector
Marine Shipping
Coastal Biotech Pvt Ltd.
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