Annapurna Swadisht Limited
NNSE:ANNAPURNA120.08
INR
-3.88
(-3.13%)
ISIN
INE0MGM01017
Return %
Stock
S&P 500
1Y
-56.17
14.20
3Y
-60.87
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Manoj Sharma
- Full Time Employees
- 637
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Chatterjee International Building Kolkata WB India 700071
- IPO Date
- Sep 27, 2022
- Website
- annapurnasnacks.in
- Similar Companies
- Business
- Annapurna Swadisht Ltd is an India-based manufacturer of packaged snacks and food products, primarily serving rural markets in eastern and north-eastern India. The company offers a diverse portfolio spanning 10 product categories and over 75 SKUs, including pellet-based snacks such as fryums (balloon, chatpata moon, finger, jackpot, makeup box, pipes, school box, crack angle, popcorn, choco ball); namkeen (garam gathiya, crispy diet chidwa, moong dal, punjabi tarka, green matar, garam badam pakora, garam masala muri); corn-extruded snacks and potato chips; cakes; biscuits; candies (coffico, coconut candy, kaju candy, bhim gola, imli pop); sweets; noodles (classic gold white veg, classic plus white veg, man chow brown veg); and ready-to-drink beverages. Its products emphasize affordable pricing, notably at a Rs 5 price point, enabling high-volume sales exceeding 12 lakh packets daily through an extensive distribution network targeting rural consumers. Originally established as a partnership firm in 2015 and incorporated as a public limited company in 2022, Annapurna Swadisht Ltd maintains its headquarters in Kolkata, West Bengal, with manufacturing facilities in Asansol (approximately 50,142 sq ft), Siliguri (35,000 sq ft), Gurap (new plant operational since July 2023), and a greenfield unit in Tezpur, Assam (6-acre plot acquired on long-term lease in March 2024 and commercial production commenced in April 2024). The company employs over 845 people and operates across key states in eastern India, with expansions into Uttar Pradesh via a contract manufacturing agreement with Gopal Food Products in June 2023. In recent strategic developments, Annapurna Swadisht approved the acquisition of 100% stake in Madhur Confectioners Private Limited for up to Rs 180 crore in August 2024, with the deal completed by late November 2024, making it a wholly owned subsidiary to bolster its confectionery segment including flavoured candies, lollipops, toy confectionery, and chocolates. Additional moves include a fund raise through qualified institutional buyer allotment in September 2024; entry into the edible oil market via acquisition of the Arati brand mustard oil in March 2024; preferential issuance of shares worth Rs 324.5 million in August 2023; and appointment of Manoj Sharma as CEO in January 2025. These initiatives support robust revenue growth from Rs 13 crore in FY20 to Rs 374 crore in FY25, alongside profit expansion.