Tapi Fruit Processing Ltd.
NNSE:TAPIFRUIT41.80
INR
-1.70
(-3.91%)
ISIN
INE0M7001010
Return %
Stock
S&P 500
1Y
-56.00
14.20
3Y
-77.15
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Ghanshyambhai L. Lukhi
- Full Time Employees
- 61
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Sunrise Chambers Surat GU India 395006
- IPO Date
- Sep 22, 2022
- Website
- tapifood.com
- Similar Companies
- Business
- Tapi Fruit Processing Ltd (TAPIFRUIT.NS) manufactures and sells a diversified range of fruit-based processed food products, including candied, crystallized, and glazed fruit and vegetable products such as tooty fruity, karonda cherry, and amla candy; fruit bars, jellies, fruit jams, fruit leathers, jelly balls, fruit bears, jelly pops, fruit katli, and jelly cubes; chutneys, sauces, and tomato ketchup; beverages such as fruit crush and fruit syrups; and nutraceutical products including herbal-based gummies fortified with minerals and multivitamins. The company markets these products under its flagship brands Tapi, MumMum, and Boleto, with all manufacturing conducted in-house at facilities in Surat, India. It operates a pan-India distribution network across 28 states and union territories through 60 super-stockists and exports to more than 20 countries worldwide. Founded in 1999 as Tapi Food Products, a home-scale operation named after Towards Agro Products Innovation and the Tapi River in Surat, the company is headquartered at Office No. 212-214, Sunrise Chambers, Near Ashok Colony, Mini Bazar, Varachha Road, Surat, Gujarat 395006, India. Incorporated as a public limited company in July 2018, it listed on the NSE SME platform via an initial public offering in September 2022, raising approximately INR 5.21 crore. Tapi Fruit Processing emphasizes sustainability as India's first fruit processing firm to adopt commercial solar energy since 2007 and focuses on rural empowerment with a mission to employ 1,000 people and process 1 million metric tonnes of fruits and vegetables by 2030. In recent developments, the company resumed production of jelly candies and gummies in January 2025 using existing facilities augmented by new machinery to enhance efficiency and meet market demand, with full capacity expansion targeted for completion by March 2025. It has introduced new profitable products, expanded its nutraceutical line, and opened a company-operated retail outlet to boost revenue, while upgrading infrastructure for GMP and AYUSH certifications. These initiatives follow a temporary production halt in fiscal 2025 for machinery relocation and installation, amid efforts to optimize costs, reduce manual intervention through automation, and improve capacity utilization in the competitive Indian food processing sector.