Australian Oilseeds forms joint venture to enter India’s edible oil market

COOTAMUNDRA, Australia - Australian Oilseeds Holdings Limited (NASDAQ:COOT), whose stock has surged over 170% in the past six months, announced Tuesday a joint venture with Rajashri Foods Pvt. Ltd. to market and distribute its GEO line of cold-pressed canola and olive oils throughout India.

The partnership aims to tap into India’s edible oil market, valued at approximately AUD 50-60 billion, according to the company’s press release. India is the world’s largest importer of vegetable oils. With revenue growth of 23.65% in the last twelve months, Australian Oilseeds appears positioned for expansion, though InvestingPro data reveals the company faces operational challenges with an 8.3% gross profit margin.

"As the world’s largest importer of vegetable oils with an expanding middle class, India is a huge potential market for GEO, our flagship consumer brand," said Gary Seaton, Chief Executive Officer of Australian Oilseeds.

Rajashri Foods brings over 80 years of experience in food product manufacturing and marketing to the partnership. The Indian company has collaborated with one of India’s largest multinational food corporations for nearly four decades.

"India is becoming increasingly aware of healthier food products and ingredients, and we see a synergistic partnership between Rajashri Foods and Good Earth Oils Australia," said Kanthi Meda, Director at Rajashri Foods.

Australian Oilseeds’ GEO brand represents Australia’s premium extra virgin cold-pressed canola oil range, featuring 0% erucic acid, non-GMO quality, high Omega-3 and Omega-9 content, natural Vitamin E, and low trans-fat. The brand is currently distributed across several Asian markets including Japan, China, Vietnam, and Thailand.

Australian Oilseeds Holdings operates Australia’s largest cold pressing oil plant, which processes GMO-free conventional and organic oilseeds. The company focuses on manufacturing sustainable oilseeds and edible oils without chemicals. According to InvestingPro analysis, the company maintains moderate debt levels but faces short-term liquidity challenges. Discover 12 additional exclusive insights and detailed financial metrics with an InvestingPro subscription.

In other recent news, Australian Oilseeds Holdings Ltd has regained compliance with Nasdaq’s minimum stockholders’ equity requirement. As of August 31, 2025, the company’s unaudited balance sheet showed shareholder equity of approximately USD 3.26 million, surpassing the required minimum of USD 2.5 million. Earlier, the company also reported compliance with the Nasdaq Listing Rule as of June 30, 2025, with shareholder equity of about USD 3.17 million. These figures were reviewed by BDO, and Australian Oilseeds Holdings plans to file its Form 20-F, including the BDO audit opinion, by the end of October 2025. Additionally, shareholders have approved a proposal to authorize a reverse share split of its Class A ordinary shares. The board of directors is authorized to implement the reverse split at a ratio ranging from 1-for-2 to 1-for-8, with the final ratio to be decided later. These developments indicate significant steps taken by the company to maintain its standing with Nasdaq.

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