LNPR Capital®
LNPR Capital®

@LnprCapital

7 Tweets 3 reads Feb 01, 2023
ADF Foods Ltd
Mcap: ₹ 1678 Cr
5Yrs Sales CAGR: 16%
5Yrs PAT CAGR: 27%
Co is engaged in the Business of manufacture & selling of food products like pickles, chutneys, ready to eat items, paste & sauces, frozen foods, spices etc.
Co’s portfolio comprises 400+ products ranging from frozen snacks, breads & vegetables to ready-to-eat foods, meal accompaniments, condiment pastes, cooking sauces, spices & milk drinks.
Co’s products are marketed through eight brands namely, Ashoka, Camel, Truly Indian,
Aeroplane, Nate’s, PJS Organics, ADF Soul &Khansaama. These brands cater to distinct audiences & over time, have built strong consumer loyalty within their categories.
During FY22 Co launched new product variants which include frozen kulchas, frozen snacks, ready to eat curries
& chutneys under the Ashoka brand.
Co has an annual food processing capacity of 28,000 MT across plants in Nadiad (Gujarat), Nashik (Maharashtra) & Surat (Gujarat).
Co provides authentic Indian tastes to the Indian diaspora & mainstream resident consumers in more than
55 countries. It has 180+ distributors, 2 warehouses & 9 country managers.
During FY22, Co commenced operations from the leased warehouse in the New Jersey, USA which serves as a distribution Center for the Co to ensure uninterrupted product supply.
The Co has proposed a greenfield project that has the potential to enhance production capacity by 10,000 MTPA in Phase I. Further, it is undertaking brownfield & debottlenecking efforts at existing plants with a target of unlocking additional capacities of 20%.
It has also acquired a land parcel, adjoining its Nadiad factory to expand its existing cold storage facility.

Loading suggestions...