About HyVeg
HyVeg is a company based in Coimbatore (India) founded in 1973. It operates as a B2B. The company has 1,396 employees. HyVeg operates in a competitive market with competitors including Solynta, Enza Zaden, Chromatin, Top Seeds International and VNR Seeds, among others.
- Headquarter Coimbatore, India
- Employees 1,396
- SectorsAgriculture
- Website hyveg.com
- Annual Revenue$35.36 M (USD)0as on Mar 31, 2022
- Employee Count1,396
Associated legal entities of HyVeg
HyVeg is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Acsen Energy Private Limited CIN U40100TZ2021PTC037170 | Active | 29 Sep 2021 | Coimbatore, Tamil Nadu | – | – | 2 | View details |
| Acsen Retails Private Limited CIN U51909TZ2021PTC035883 | Active | 24 Mar 2021 | Coimbatore, Tamil Nadu | – | – | 2 | View details |
| Acsen Agriscience Private Limited CIN U01407TZ2009PTC028336 | Active | 22 Jul 2009 | Coimbatore, Tamil Nadu | ₹317 Cr | 1,440 | 4 | View details |
Board of directors of HyVeg
The boards of the 3 registered companies of HyVeg currently have 5 directors; the longest-serving is Muthu Gounder Ramasami, appointed in 2009. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Muthu Gounder Ramasami DIN 00010664 | Director | 22 Jul 2009 | 17 yrs 2 mo | Acsen Agriscience Private Limited |
| Sengottuvelu Senthilnathan DIN 00010636 | Managing Director | 22 Jul 2009 | 17 yrs 2 mo | Acsen Agriscience Private Limited, Acsen Energy Private Limited, Acsen Retails Private Limited |
| Rajendran Ramasami DIN 00010604 | Director | 22 Jul 2009 | 17 yrs 2 mo | Acsen Agriscience Private Limited |
| Chitra Senthilnathan DIN 00010644 | Director | 29 Sep 2021 | 5 yrs | Acsen Energy Private Limited |
| Abishiek Senthilnathan DIN 09121107 | Director | 01 Mar 2022 | 4 yrs 7 mo | Acsen Agriscience Private Limited, Acsen Retails Private Limited |
Financials of HyVeg
Figures of Acsen Agriscience Private Limited, the primary company behind HyVeg, for FY 2025. Revenue was ₹317 Cr. Net profit was ₹7.99 Cr (3% margin). EBITDA was ₹18.53 Cr (6% margin).
- ₹317 CrRevenue · FY 2025
- ₹7.99 CrNet profit · 3% margin
- ₹18.53 CrEBITDA · 6% margin
- ₹2.1 LakhPaid-up capital
- 1,440Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Acsen Agriscience Private Limited are on its company page.
Detailed financial statements for HyVeg
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Competitors of HyVeg
HyVeg operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solynta, Enza Zaden, Chromatin, Top Seeds International and VNR Seeds, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solynta.com | 2007 | Wageningen, Netherlands | $43.93M | – | Hybrid potato seeds are developed and provided globally. | |
| enzazaden.com | 1938 | Enkhuizen, Netherlands | – | – | High-resistance vegetable seeds are developed for professional growers. | |
| chromatininc.com | 2000 | Chicago, United States | $121.7M | 92 | Sorghum seeds are produced for biofuels, feed, and food uses. | |
| topseedsinternational.com | 2003 | Israel | – | – | Hybrid horticultural seeds are manufactured and distributed internationally. | |
| vnrseeds.com | 2005 | Raipur, India | $3.17M | 1,643 | Hybrid seeds are developed for cereal, vegetable, and fruit crops. | |
| bombaysuperseeds.com | 2005 | Rajkot, India | – | 13 | High-yielding seeds for grains and vegetables are supplied. | |
| eastwestseed.com | 1982 | Amphoe Mueang Samut Prakan, Thailand | – | 295 | Produces and supplies hybrid seeds for agricultural use. |
Detailed competitors of HyVeg
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Similar companies to HyVeg
10 companies that operate in the same segment as HyVeg (Crop Farming & Production), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Distributor of cannabis products | 2011 | Phoenix, Arizona, United States | USD 21.48 M | USD 99.22 M | 641 | |
Grain trading, processing, and consumer products are handled vertically integrated. | 1905 | Stockholm, Sweden | – | – | – | |
Agricultural commodities are linked from producers to global consumers. | 1911 | Regina, Saskatchewan, Canada | USD 413 M | – | – | |
Cane sugar and related products are refined and marketed globally. | 1998 | West Palm Beach, Florida, United States | – | – | 32 | |
Cultivator and processor of palm oil & rubber | 1985 | London, England, United Kingdom | – | USD 475.33 M | – | |
Cannabis seeds, concentrates, and oils are produced and supplied. | 2005 | Medford, Oregon, United States | USD 750 K | USD 33.09 M | – | |
Diverse products in FMCG, hotels, packaging, and agri-business are offered. | 1910 | Kolkata, West Bengal, India | – | USD 8.78 B | 47,360 | |
Provider of agricultural equipment and engineering solutions | 1996 | Winnipeg, Manitoba, Canada | USD 50 M | USD 1.04 B | – | |
Cooperative organization for milk production, animal health, and dairy services in India. | 1946 | Anand, Gujarat, India | – | USD 44.2 M | 571 | |
Agrochemicals and seeds are manufactured and supplied globally. | 1956 | Laverton, Western Australia, Australia | – | USD 2.27 B | 3,160 |
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Frequently Asked Questions about HyVeg
HyVeg was founded in 1973.
HyVeg is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
HyVeg has 1,396 employees.
Annual revenue of HyVeg is $35.36M as on Mar 31, 2022.
HyVeg, founded in 1973 in Coimbatore, India, focuses on food and agriculture, engaging in agricultural activities, seed production, and hybrid vegetables. Delivers comprehensive solutions for hybrid vegetable seeds. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
HyVeg's top competitors include VNR Seeds, Solynta and Enza Zaden.
HyVeg is associated with 3 legal entities: Acsen Agriscience Private Limited, Acsen Energy Private Limited, Acsen Retails Private Limited.
The legal entities of HyVeg currently have 6 directors, including Muthu Gounder Ramasami, Abishiek Senthilnathan, Sengottuvelu Senthilnathan and others.