Plant Veda Foods Ltd.
PLVFF
Other OTC0.06
USD
- -
- -
ISIN
CA7273511088
CUSIP
727351108
Return %
Stock
S&P500
1Y
- -
26.53
3Y
39.21
76.60
5Y
-95.49
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Sunny Gurnani
- Full Time Employees
- 13
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
- Address
- 14640 64 Ave. Surrey BC Canada V3S 1X7
- IPO Date
- Oct 20, 2021
- Website
- plantveda.com
- Similar Companies
- Business
- Plant Veda Foods Ltd. is a plant-based beverage and food company headquartered in Surrey, Canada, founded in 2019. The company specializes in developing, producing, and selling dairy alternative products made from whole plant-based ingredients. Its core product portfolio includes plant-based milks made from cashews, pistachios, and oats; dairy-free coffee creamers available in flavors such as vanilla, hazelnut, and chai spice; probiotic drinkable yogurts known as Lassi; and spoonable yogurts under the PlantGurt brand. These products emphasize clean, natural ingredients, incorporating plant proteins, probiotics, and organic sweeteners like agave and Canadian maple syrup. In recent years, Plant Veda Foods has expanded its production capacity with a 25,000 square foot manufacturing facility aiming for an annual capacity of 2.5 million liters. The company has strengthened its distribution network through partnerships with major retailers including Whole Foods Market, Costco, and Save-On-Foods, selling its PlantGurt yogurt and other products mainly in Canadian markets. Key strategic initiatives include the launch of new product lines such as its award-winning mango-flavored PlantGurt, securing a $1 million loan for operational expansion, and appointing a Vice President of Global Sales to boost production and distribution capabilities. Additionally, the company completed the acquisition of Nora's Non-Dairy LTD to enhance its market presence and product offerings. Plant Veda Foods is positioned in the consumer staples sector under the non-alcoholic beverages industry segment, targeting health-conscious consumers seeking nutritious, flavorful, and functional plant-based dairy alternatives. Its products serve as replacements for conventional dairy with a focus on superior taste, gastrointestinal health benefits from probiotics, and allergen-friendly formulations. The company continuously innovates to increase product variety and meet growing consumer demand for sustainable and natural plant-based foods. Overall, Plant Veda Foods Ltd. combines its Canadian headquarters, modern manufacturing capabilities, diversified product range, and strategic retail alliances to grow its footprint in the evolving dairy alternative market while advancing a plant-based lifestyle philosophy. Its latest developments reflect a focus on operational scale, enhanced product innovation, and expanded market reach.
CSE Bulletin: Delist - Plant Veda Foods Ltd. (MILK)
Plant Veda's outlook soars as its plant-based dairy products fly off the shelves