KS Oils

KS Oils Limited is a leading Indian fast-moving consumer goods company in the edible oil market.

KS Oils Limited
Public
Traded asNSE: KSOILS
BSE: 526209
IndustryFast-moving consumer goods Conglomerates
Founded1985 
FounderOm Prakash Garg
HeadquartersMorena,
Madhya Pradesh, India
Key people
  • Ramesh Chand Garg, Chairman
  • Davesh Aggarwal, Managing director
ProductsEdible Oil
Mustard oil
Soybean Oil
Palm Oil
Vanaspati
Revenue$4246.19 Million USD147.32%
Number of employees
~ 3,000 (2008)
Websitewww.ksoils.com

K S Oils has near to 3000 employees spread over its 7 manufacturing plants, marketing offices and plantations in India, Malaysia, Indonesia and Singapore.

History

KS Oils was a privately held entity till 1990 when it became deemed public company. On 8 February 1993, the company became a public listed company. The main object of the company is manufacturing and dealing in oils, vegetable oils and fats, products of plantation, soaps and allied products.[1]

Brands

KS Oils owns some of the big brands in the mustard oil segments. Brands held by the company include:

Indian Idol singers Amit Paul and Emon Chatterjee feature in the Double Sher TV Advt.[4]

These brands have strong leadership position in their categories.[6]

Awards
  • One of the India's most Investor Friendly Companies - Rankings by Business Today[7]
  • Featured among ET500 for the year 2007, 2008 - Rankings by The Economic Times[8]
  • Fastest Growing Companies in India, 2007 - Ranking by Business Today, Rank 5.[9]
  • Solvent Extractors Association of India's Award for Highest processor of Rapeseed Oil Cake in India for the years 1994-1995, 1999-2000, 2004–2005, 2005-2006, 2006-2007, 2007–2008.[10]
  • GLOBOIL India Awards - GLOBOIL Emerging Company of the year 2006 for KS Oils and Oilman of the year award for Mr. Rameshchand Garg.[11]

Controversy

KS Oils has defaulted on SBI loans worth Rs. 596 crores, and is second on SBI's loan write-off list.[12][13]

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References
  1. MoneyControl.com
  2. Kalash Mustard Oil
  3. Double Sher Mustard Oil
  4. Double Sher TV Advt on YouTube
  5. KS Soya
  6. Commodity Online
  7. KS Oils Corporate Website
  8. KS Oils Corporate Website
  9. KS Oils Corporate Website
  10. KS Oils Corporate Website
  11. KS Oils Corporate Website
  12. http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834
  13. https://www.thequint.com/india/2016/11/16/state-bank-of-india-sbi-vijay-mallya-demonetisation-wilful-defaulter-loan-balance-economy-finance
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