NGON COFFEE COMPANY LIMITED

NGON COFFEE COMPANY LIMITED (CÔNG TY TNHH CÀ PHÊ NGON), a wholly foreign-owned enterprise backed by India's CCL Products, has become a notable player in Vietnam’s instant coffee manufacturing sector. Established in 2009 and headquartered in the Cu Kuin Industrial Cluster, Dray Bhang Commune, Cu Kuin District, Dak Lak Province, the company has been operating for over 16 years with a workforce of around 600 employees. Its business registration number and tax code is 6000916516.

At the helm of NGON COFFEE COMPANY LIMITED is Mr. Challa S., an Indian national serving as General Director, with two other Indian executives, Mr. Naga B. S. and Mr. Aluri C. S. R., holding the positions of Vice General Directors. The company operates under a one-member limited liability structure with a charter capital of approximately USD 21.77 million, which was fully paid up as of March 2023.

Financially, NGON COFFEE has demonstrated impressive and consistent growth. In fiscal year ending March 2023, the company reported total assets of USD 94.7 million, a 74.51% increase from the previous year. Revenue reached USD 78.09 million, marking a 36.27% rise, while net profit surged to USD 16.98 million, up 31.28% year-over-year. With a strong equity base of USD 57 million and a positive working capital of USD 28.43 million, the company’s financial indicators reflect solid profitability and sound financial management.

Such rapid and sustained expansion, however, warrants closer scrutiny from a credit risk perspective. Is this level of growth being supported by organic market demand and efficient operations, or is it being driven by high leverage or unsustainable capital injection? Additionally, the highly concentrated foreign ownership structure—100% owned by CCL Products (India) Limited—raises questions about governance dynamics, local reinvestment strategies, and capital repatriation practices.

Despite these considerations, NGON COFFEE COMPANY LIMITED presents a strong financial profile and appears well-positioned in Vietnam’s thriving coffee export industry. Yet, for those engaging in trade, financing, or partnership with the company, it is essential to examine the full scope of its legal standing, compliance behavior, and operational risks. A detailed credit and risk report from Vanguard Business Information offers the transparency needed to support such high-stakes decision-making in today’s volatile agri-export sector.