Kathmandu. Global Agro Products Company, which produces chicken feed, has made a business worth Rs 2.86 billion in the nine months of the current fiscal year.

By the end of 2024, the company had a turnover of Rs 3.40 billion. In 2023, the company has done business worth Rs 2.82 billion, in 2022 it is Rs 2.44 billion and in 2021, the company has done business worth Rs 2.56 billion. The company’s business is growing year after year.

Similarly, the company’s obita (interest, operating profit and income with taxes) has also increased. The company’s obita has increased from 6.2 percent in 2024 to 6.8 percent in the nine months of the current financial year. The company’s Obita was 7.2 percent in 2023. In 2024, the company’s revenue decreased from 2023. In 2022, its revenue was 5.7 percent, 6.3 percent obita.

The company has a debt rating of Rs 1.30 billion. ICRA Nepal has received ‘CareNP’ A-3 rating for the company’s debt. This rating suggests that the company’s ability to repay debt is likely to repay the company’s short-term debt, but this is not enough.

Global Agro Products Company was established in 2012. The company is producing pallets and mash feeds used for poultry and other animal husbandry. At present, the company’s production capacity is 18 metric tons per hour for pallet feed and 5 metric tons per hour for mash feed.

The company has been selling its products under the brand names ‘Global’, ‘Inspired’ and ‘Advanced’. Nine individuals have stake in the company. According to the company, 65 percent of the shareholders own the shares. The company’s industry is in Chitwan.