Economic analysis of the business model for mass seed production of nutrient-dense small indigenous fish species mola (Amblypharyngodon mola)

Small indigenous fish species, such as mola carplet (Amblypharyngodon mola), play a crucial role in the diets of fish-dependent populations in India due to their rich micronutrient content. Recognized as a key species for promoting nutrition-sensitive aquaculture, mola has recently been successfully...

Descripción completa

Detalles Bibliográficos
Autores principales: Chand, Bimal, Dubey, Sourabh, Panemangalore, Arun, Gaikwad, Amar, Das, Rashmi, Gogoi, Kalpajit, Rajts, Francois
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 2025
Materias:
Acceso en línea:https://hdl.handle.net/10568/177739
_version_ 1855527304705343488
author Chand, Bimal
Dubey, Sourabh
Panemangalore, Arun
Gaikwad, Amar
Das, Rashmi
Gogoi, Kalpajit
Rajts, Francois
author_browse Chand, Bimal
Das, Rashmi
Dubey, Sourabh
Gaikwad, Amar
Gogoi, Kalpajit
Panemangalore, Arun
Rajts, Francois
author_facet Chand, Bimal
Dubey, Sourabh
Panemangalore, Arun
Gaikwad, Amar
Das, Rashmi
Gogoi, Kalpajit
Rajts, Francois
author_sort Chand, Bimal
collection Repository of Agricultural Research Outputs (CGSpace)
description Small indigenous fish species, such as mola carplet (Amblypharyngodon mola), play a crucial role in the diets of fish-dependent populations in India due to their rich micronutrient content. Recognized as a key species for promoting nutrition-sensitive aquaculture, mola has recently been successfully bred in hatcheries using standardized induced breeding and mass seed production protocols. This study assesses the economic viability of integrating mola seed production into an existing carp hatchery in Odisha, India. A comprehensive financial analysis, including cost-return assessment, bankability, economic performance, break-even analysis, and sensitivity testing, was conducted. The proposed model has a production capacity of 1 million seeds per cycle, with 24 cycles annually. The total investment required is INR 4,12,932 ($4,975), comprising capital expenses of INR 2,56,650 ($3,092) and annual operational costs of INR 1,56,282 ($1,883) considering loan component. The business model demonstrates strong profitability, with an operational profit margin of 53.57% at a selling price of INR 1,000 ($12) per 100,000 hatchlings. The break-even point is achieved at 17 production cycles per year and INR 885 ($10) of per unit of seeds price. Financial indicators confirm high viability, with a benefit-cost ratio of 1.67, a net present value of INR 2,28,233 ($2,750), and an internal rate of return of 32.94%. The model is also bankable, evidenced by a debt service coverage ratio of 1.63, and remains profitable under various sensitivity scenarios. These findings highlight the potential for integrating mola seed production into existing carp hatcheries, offering a scalable and sustainable approach to strengthening small indigenous fish farming and advancing nutrition-sensitive aquaculture in India.
format Journal Article
id CGSpace177739
institution CGIAR Consortium
language Inglés
publishDate 2025
publishDateRange 2025
publishDateSort 2025
publisher Wiley
publisherStr Wiley
record_format dspace
spelling CGSpace1777392025-12-02T10:59:51Z Economic analysis of the business model for mass seed production of nutrient-dense small indigenous fish species mola (Amblypharyngodon mola) Chand, Bimal Dubey, Sourabh Panemangalore, Arun Gaikwad, Amar Das, Rashmi Gogoi, Kalpajit Rajts, Francois economic analysis amblypharyngodon mola fish business model mass seed production bankability Small indigenous fish species, such as mola carplet (Amblypharyngodon mola), play a crucial role in the diets of fish-dependent populations in India due to their rich micronutrient content. Recognized as a key species for promoting nutrition-sensitive aquaculture, mola has recently been successfully bred in hatcheries using standardized induced breeding and mass seed production protocols. This study assesses the economic viability of integrating mola seed production into an existing carp hatchery in Odisha, India. A comprehensive financial analysis, including cost-return assessment, bankability, economic performance, break-even analysis, and sensitivity testing, was conducted. The proposed model has a production capacity of 1 million seeds per cycle, with 24 cycles annually. The total investment required is INR 4,12,932 ($4,975), comprising capital expenses of INR 2,56,650 ($3,092) and annual operational costs of INR 1,56,282 ($1,883) considering loan component. The business model demonstrates strong profitability, with an operational profit margin of 53.57% at a selling price of INR 1,000 ($12) per 100,000 hatchlings. The break-even point is achieved at 17 production cycles per year and INR 885 ($10) of per unit of seeds price. Financial indicators confirm high viability, with a benefit-cost ratio of 1.67, a net present value of INR 2,28,233 ($2,750), and an internal rate of return of 32.94%. The model is also bankable, evidenced by a debt service coverage ratio of 1.63, and remains profitable under various sensitivity scenarios. These findings highlight the potential for integrating mola seed production into existing carp hatcheries, offering a scalable and sustainable approach to strengthening small indigenous fish farming and advancing nutrition-sensitive aquaculture in India. 2025-11-11T03:14:05Z 2025-11-11T03:14:05Z Journal Article https://hdl.handle.net/10568/177739 en Open Access application/pdf Wiley Bimal Chand, Sourabh Dubey, Arun Panemangalore, Amar Gaikwad, Rashmi Das, Kalpajit Gogoi, Francois Rajts. (16/7/2025). Economic analysis of the business model for mass seed production of nutrient-dense small indigenous fish species mola (Amblypharyngodon mola). Journal of the World Aquaculture Society, 56 (4).
spellingShingle economic analysis
amblypharyngodon mola
fish
business model
mass seed production
bankability
Chand, Bimal
Dubey, Sourabh
Panemangalore, Arun
Gaikwad, Amar
Das, Rashmi
Gogoi, Kalpajit
Rajts, Francois
Economic analysis of the business model for mass seed production of nutrient-dense small indigenous fish species mola (Amblypharyngodon mola)
title Economic analysis of the business model for mass seed production of nutrient-dense small indigenous fish species mola (Amblypharyngodon mola)
title_full Economic analysis of the business model for mass seed production of nutrient-dense small indigenous fish species mola (Amblypharyngodon mola)
title_fullStr Economic analysis of the business model for mass seed production of nutrient-dense small indigenous fish species mola (Amblypharyngodon mola)
title_full_unstemmed Economic analysis of the business model for mass seed production of nutrient-dense small indigenous fish species mola (Amblypharyngodon mola)
title_short Economic analysis of the business model for mass seed production of nutrient-dense small indigenous fish species mola (Amblypharyngodon mola)
title_sort economic analysis of the business model for mass seed production of nutrient dense small indigenous fish species mola amblypharyngodon mola
topic economic analysis
amblypharyngodon mola
fish
business model
mass seed production
bankability
url https://hdl.handle.net/10568/177739
work_keys_str_mv AT chandbimal economicanalysisofthebusinessmodelformassseedproductionofnutrientdensesmallindigenousfishspeciesmolaamblypharyngodonmola
AT dubeysourabh economicanalysisofthebusinessmodelformassseedproductionofnutrientdensesmallindigenousfishspeciesmolaamblypharyngodonmola
AT panemangalorearun economicanalysisofthebusinessmodelformassseedproductionofnutrientdensesmallindigenousfishspeciesmolaamblypharyngodonmola
AT gaikwadamar economicanalysisofthebusinessmodelformassseedproductionofnutrientdensesmallindigenousfishspeciesmolaamblypharyngodonmola
AT dasrashmi economicanalysisofthebusinessmodelformassseedproductionofnutrientdensesmallindigenousfishspeciesmolaamblypharyngodonmola
AT gogoikalpajit economicanalysisofthebusinessmodelformassseedproductionofnutrientdensesmallindigenousfishspeciesmolaamblypharyngodonmola
AT rajtsfrancois economicanalysisofthebusinessmodelformassseedproductionofnutrientdensesmallindigenousfishspeciesmolaamblypharyngodonmola