Srivari Spices And Foods Limited
Incorporated in 2019, Srivari Spices and Foods Limited is engaged in the business of manufacturing and marketing spices and flour (chakki atta) across Andhra Pradesh and Telangana.
What Srivari files
- Others34
- Investor Meet24
- Important21
- Board Meeting12
- Updates4
- Dividend/Bonus2
Srivari Spices (SSFL) has listed its products on Amazon, India's leading online marketplace. This strategic move expands distribution, aiming to boost brand visibility and market reach for potential sales growth.
Srivari Spices & Foods delivered strong H1 results: Total Income surged 49% to ₹78.78 Cr, EBITDA rose 53% to ₹13.44 Cr, and PAT grew 47% to ₹7.20 Cr. Growth was fueled by robust flour/spices demand & widening distribution. Management targets product expansion & increased market penetration.
SSFL shareholders approved selling its wholly-owned subsidiary, Srivari Supply Chain Private Limited, for ₹0.615 Cr to its Chairman & Whole Time Director and Whole Time Director. Also, Mrs. Neihaa Rathi and Mr. Narayan Das Rathi were re-appointed as Directors for three years.
Srivari Spices was featured in Forbes India, highlighting its growth, strong market presence across 18,000+ spice and 15,000+ flour outlets. Its SME IPO saw ₹2,700 Cr bids against a ₹9 Cr offer, signaling robust market trust and future expansion plans into major metros.