AgriNova — Operational Plan
The facility and location, the capacity and utilisation, the process flow, procurement and inventory and the technology and quality underpinning operations.
Section 8 · Business Plan
Operational Plan
The facility and location, the capacity and utilisation, the process flow, procurement and inventory and the technology and quality underpinning operations.
AgriNova’s operations are built around a core milling line, an
adjacent feed plant, and a fabrication workshop, supported by grain
storage, logistics and quality infrastructure. This section describes
the facility, capacity, process flow, procurement, technology and the
utilisation ramp underpinning the financial projections.
8.1 Facility & Location
The plant will be sited to balance proximity to maize-producing areas
with access to transport corridors and customer markets. Co-locating the
mill, feed plant and fabrication workshop on a single site reduces
logistics cost, enables shared services and quality oversight, and
allows by-products to move directly from milling into feed without
double-handling.
8.2 Capacity & Utilisation
The milling line is sized at 130 tonnes of maize intake per day and
the feed plant at 75 tonnes per day, both operating on the basis of 310
production days per year. Utilisation ramps deliberately from
commissioning levels to steady-state operation: milling from 30% in Year
1 to 80% by Year 5, and feed from 25% to 76%. This measured ramp
reflects the time required to build markets, channels and operating
rhythm, and is the single most important driver of the revenue and
margin trajectory.
At full Year-5 utilisation the plant processes approximately 32,200
tonnes of maize, yielding around 22,600 tonnes of maize meal, 2,900
tonnes of samp, 6,100 tonnes of bran and 17,700 tonnes of feed.
8.3 Process Flow
White maize is received, cleaned, conditioned and degerminated, then
milled and sifted into super and special maize meal, samp and grits,
with bran extracted as a by-product. Yellow maize and by-products feed
the compound-feed line, where ingredients are dosed, mixed, conditioned
and pelletised. The fabrication workshop runs in parallel, producing and
refurbishing milling and feed equipment for internal use and external
sale.
8.4 Procurement & Inventory
Maize procurement is the central operational discipline. The Company
will source on a rolling basis from growers, traders and storage
operators within its catchment, using proximity and storage to manage
price and quality. The financial model assumes a maize input cost of
R4,300 per tonne in Year 1 — consistent with the soft 2025/26 price
environment — inflating at 5% per year. Working-capital parameters
assume 32 days of receivables, 45 days of inventory and 38 days of
payables.
8.5 Technology & Quality
AgriNova will operate to food-grade hygiene and quality-management
standards, with traceability from intake to dispatch. The in-house
engineering capability is a structural advantage: the Company maintains
and upgrades its own equipment, minimising downtime and external
dependence, while applying the same expertise to the products it sells.
Maintenance capital expenditure is provisioned from Year 2 onward,
rising to R11 million by Year 5, to sustain asset reliability.
Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of AgriNova Milling Technologies (Pty) Ltd.