India's Richest People 2026 edition · 1 director · Source: Hurun India
- #709 Venkateswara Prasad Kondragunta & family ₹4,500 Cr
Revenue · FY 2025
₹2,224.57 Cr
▲ 9% YoY
Net profit · FY 2025
₹222.26 Cr
Net margin 10%
EBITDA · FY 2025
₹341.55 Cr
EBITDA margin 15.4%
Authorised capital
₹120 Cr
Registered with MCA
Paid-up capital
₹82.97 Cr
Issued & subscribed
Open charges
₹381.28 Cr
Satisfied ₹269.71 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
1,025
Provident fund records
About Sandhya Marines Limited
Data last updated:
Sandhya Marines Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the fisheries and aquaculture segment of the agriculture sector. It was incorporated on 01 July 1987 and has been in existence for over 39 years.
Its director Venkateswara Prasad Kondragunta and family are #709 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U05004AP1987PLC007578. Its GSTIN is 37AADCS1423K1ZE (Andhra Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹82.97 Cr. It was formerly known as Sandhya Marines Private Limited. It is led by directors including Venkateswara Prasad Kondragunta (Managing Director) and Anand Kumar Kondragunta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Door No. 1 – 116/4/1 & 2 Plot No 401 & 402 Visalakshinagar, Visakhapatnam, Andhra Pradesh, India – 530043.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,224.57 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹222.26 Cr (net margin 10%) and EBITDA of ₹341.55 Cr (EBITDA margin 15.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company has about 1,025 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Sandhya Marines. As per MCA filings, the company has open charges of ₹381.28 Cr and satisfied charges of ₹269.71 Cr on record. Court records list 405 cases involving the company, including 82 filed by the company and 323 filed against it; 115 cases are pending. The company has 10 deals on record (10 secondary share transfers); the latest was in August 2019. Its 4 peer companies in the Agriculture industry (Fishing Industry), with the same principal business activity (fishing and aquaculture) are compared by revenue, 2 larger and 2 smaller; the largest is Devi Sea Foods Limited with revenue of ₹3,310.06 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 256 overdue payments to 15 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sandhyamarines.com.
Company details
CIN U05004AP1987PLC007578
Registration Number 007578
Incorporation Date 01 July 1987
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Venkateswara Prasad Kondragunta Managing Director Anand Kumar Kondragunta Whole-Time Director Arun Kumar Kondragunta Whole-Time Director Recognitions & Rankings of Sandhya Marines
Contact details
Sandhya Marines Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is sandhyamarines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No. 1 – 116/4/1 & 2 Plot No 401 & 402 Visalakshinagar, Visakhapatnam, Andhra Pradesh, India – 530043
- IndustryAgriculture, Fisheries & Aquaculture
To see the full contact details of Sandhya Marines Limited, buy the company report.
Comprehensive company report
Sandhya Marines Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Sandhya Marines operates one associated brand: Sandhya Marines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Frozen shrimp and seafood products are exported by Sandhya Marines. | sandhyamarines.com |
Business activity
The main business activities of Sandhya Marines are agriculture, forestry, fishing and manufacturing. In detail, this covers fishing and aquaculture and food, beverages and tobacco products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A3 | Fishing and aquaculture | |
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Sandhya Marines Limited, buy the company report.
Financials of Sandhya Marines Limited
FY 2025 filings availableSandhya Marines Limited reported revenue of ₹2,224.57 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹2,224.57 Cr ▲ 9%
Net profit · FY 2025
₹222.26 Cr margin 10%
EBITDA · FY 2025
₹341.55 Cr margin 15.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 1%
Revenue rose 9% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹341.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹222.26 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | ||||
| Net Profit Margin | 10% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sandhya Marines Limited, buy the company report.
Board of directors and KMP of Sandhya Marines Limited
Sandhya Marines Limited currently reports 5 directors and 1 key managerial person. 7 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandana Sri Surapaneni | Director | 07 Oct 2016 | 10 Years 0 Months | Current |
| Venkateswara Prasad Kondragunta | Managing Director | 01 Jul 1987 | 39 Years 3 Months | Current |
| Battipati Chittibabu Also directs: Tristar Auto Agencies (Vizag) Private Limited, Bharath Pride Vizag Private Limited, Bharath Auto Vizag Private Limited and 1 more | Director | 07 Oct 2016 | 10 Years 0 Months | Current |
| Anand Kumar Kondragunta Also directs: KVP Medin LLP, Sandhya Nutrients LLP, Aquatica Frozen Foods Global Private Limited and 3 more | Whole-Time Director | 16 Mar 2011 | 15 Years 7 Months | Current |
| Arun Kumar Kondragunta Also directs: Sandhya Nutrients LLP, Aquatica Frozen Foods Global Private Limited, Sandhya Holdings Private Limited and 1 more | Whole-Time Director | 16 Mar 2011 | 15 Years 7 Months | Current |
| Suresh Kolluru Also directs: Tamasi Infracon Private Limited | Cfo | 12 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Sandhya Marines Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Fishing Industry), with the same principal business activity (fishing and aquaculture), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devi Sea Foods Limited | ₹3,310.06 Cr (FY 2024) | 4.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Devi Fisheries Limited | ₹2,429.79 Cr (FY 2024) | -8.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Sandhya Marines Limitedthis company | ₹2,224.57 Cr (FY 2025) | ₹222.26 Cr | 10% | 9.0% | 1,025 | Visakhapatnam, Andhra Pradesh, India |
| Sagar Grandhi Exports Private Limited | ₹1,358.5 Cr (FY 2025) | 17.0% | Tamil Nadu, India | |||
| Tamilnadu Fisheries Development Corporation Limited | ₹783.51 Cr (FY 2025) | 1.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Sandhya Marines Limited, buy the company report.
Auditor
Sandhya Marines Limited is audited by Radhakeerthi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Radhakeerthi & Associates | FY 2023 | 017885S |
Shareholding
The shareholding of Sandhya Marines Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sandhya Marines Limited, buy the company report.
Charges & borrowings
Open charges
₹381.28 Cr
Satisfied charges
₹269.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2025 | 101136381 | Axis Bank Limited | ₹80 Lakh | Open | |
| 21 Feb 2025 | 101059490 | Others | ₹1.5 Cr | Open | |
| 20 Feb 2025 | 101078708 | Axis Bank Limited | ₹2.85 Cr | Open | |
| 29 Dec 2023 | 100841654 | Axis Bank Limited | ₹51 Lakh | Open | |
| 20 Jun 2023 | 100734864 | Axis Bank Limited | ₹55 Cr | Open |
To see the full charge records of Sandhya Marines Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Sandhya Marines Limited has 10 deals on record (10 secondary share transfers); the latest was in August 2019.
Total deals
10
Secondary share transfers
10
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Secondary share transfer | Undisclosed | Seller: 3 individuals |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
To see the full deal history of Sandhya Marines Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sandhya Marines Limited has 405 court cases on record: 82 filed by Sandhya Marines, 323 filed against it. 115 cases are pending and 290 are disposed.
Total cases
405
Filed by the company
82
Filed against the company
323
Pending
115
Disposed
290
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 356 | 304 | 105 |
| High courts | 46 | 16 | 8 |
| Supreme Court | 3 | 3 | 2 |
Cases on record (5 of 405)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0904-Civil Law : Transfer of Property Act, 1882 and Specific Relief Act, 1963 – matters arising out of suit for specific performance, declaration, injunction, possession or cancellation of deeds/documents) | Filed against the company by Haryana State Warehousing Corporation | Pending |
| Supreme Court | Court case (4301-Service Laws : Appointment, Compassionate appointment, temporary appointment, recruitment,probation and confirmation, suspension, reduction in rank, termination, dismissal, removal, retirement, disciplinary proceedings against employees) | Filed against the company by individuals | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Sonu Marketing Private Limited | Pending |
| District court, Palakkad, Kerala | Criminal case | Filed against the company by Rakesh Credits Ltd | Pending |
| District court, Kollam, Kerala | Criminal case | Filed against the company by Shree Padma Nidhi Limited,Kottarakkara Taluk, Kollam District – | Pending |
To see the full case history of Sandhya Marines Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sandhya Marines Limited was last rated by Icra on 06 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Jan 2022 |
To see the full credit ratings and regulatory alerts of Sandhya Marines Limited, buy the company report.
MSME payment delays
Sandhya Marines Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 256 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Pragathi Print Pack |
To see the full MSME payment records of Sandhya Marines Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sandhya Marines has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Aquatica Frozen Foods Global Private Limited | U15400AP2014PTC092623 |
To see the full group structure of Sandhya Marines Limited, buy the company report.
Employees & EPFO
Sandhya Marines Limited has a workforce of 1,025 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.
Employee count
1,025
Active EPFO establishments
2
Employee growth
-6.05%
GST
Sandhya Marines has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCS1423K1ZE | Andhra Pradesh | Active | 01 Jul 2017 |
| 33AADCS1423K1ZM | Tamil Nadu | Active | 14 Nov 2023 |
To see the full GST registrations and return filing status of Sandhya Marines Limited, buy the company report.
Recent activity
Sandhya Marines Limited has 18 board changes on record since 1987: 12 appointments and 6 cessations. The latest: Amit Singh ceased to be Company Secretary on 31 Jan 2025.
AGM
Sandhya Marines Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 13 Jul 2021 via Charge ID 100480146 with Hdfc Bank Limited was fully satisfied on 09 Jul 2025.
Filing
Sandhya Marines Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.80 Cr with Charge ID 101136381 was registered on 20 Mar 2025.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101059490 was registered on 21 Feb 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.85 Cr with Charge ID 101078708 was registered on 20 Feb 2025.
Ceased
Amit Singh ceased to be Company Secretary.
Charges
A charge with Axis Bank Limited of Rs. 55.00 Cr registered on 20 Jun 2023 with Charge ID 100734864 was modified on 19 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.51 Cr with Charge ID 100841654 was registered on 29 Dec 2023.
Charges
A charge registered on 02 Mar 2020 via Charge ID 100329225 with Axis Bank Limited was fully satisfied on 18 Aug 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 55.00 Cr with Charge ID 100734864 was registered on 20 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100716552 was registered on 27 Feb 2023.
56 earlier events are in the company report.
Frequently asked questions
Sandhya Marines is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in fisheries and aquaculture, within the agriculture industry. It was incorporated on 01 July 1987 (39+ years old) and is registered under CIN U05004AP1987PLC007578.
Sandhya Marines has 6 current directors and KMP:
- Venkateswara Prasad Kondragunta - Managing Director
- Anand Kumar Kondragunta - Whole-Time Director
- Arun Kumar Kondragunta - Whole-Time Director
- Chandana Sri Surapaneni - Director
- Battipati Chittibabu - Director
- Suresh Kolluru - Cfo
The latest financial statements of Sandhya Marines on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sandhya Marines is 37AADCS1423K1ZE, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AADCS1423K1ZM (Tamil Nadu).
The CIN (Corporate Identification Number) of Sandhya Marines is U05004AP1987PLC007578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sandhya Marines has 405 court cases on record: 82 filed by the company and 323 filed against it. 115 are pending. Most are in the district courts.
Sandhya Marines was incorporated on 01 July 1987, making it 39+ years old. It is registered with the Registrar of Companies, Vijayawada.
Sandhya Marines has 10 deals on record (10 secondary share transfers); the latest was in August 2019.
The peers of Sandhya Marines by revenue are Devi Sea Foods Limited, Devi Fisheries Limited, Sagar Grandhi Exports Private Limited, Tamilnadu Fisheries Development Corporation Limited, all in the Agriculture industry (Fishing Industry), with the same principal business activity (fishing and aquaculture).
Amit Singh ceased to be Company Secretary on 31 Jan 2025. Raghavendra Rao Mandava ceased to be Director on 17 Apr 2019. Amit Singh was appointed as Company Secretary on 27 Mar 2019. Sandhya Marines has 18 board changes on record in total.
Sandhya Marines has 9 MSME Form 1 returns on record between 2019 and 2023, listing 256 overdue payments to 15 micro and small suppliers. The latest return was filed on 04 Nov 2023.
Sandhya Marines can be reached through the website sandhyamarines.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.