What we do Aveer Foods Ltd manufactures and sells processed foods like pickles, ketchups, papads, chutneys, catering mainly to Indian and non-Indian meal accompaniments. |
Founded in 2,019 |
Market share Preferred leader in pickles category with strong distributor network across India; expanding in chutney and papad segments. |
Problem solved Offers convenient, high-quality packaged meal accompaniments enhancing Indian and fusion cuisine experiences for consumers. |
Top clients or who we serve Serves retail consumers (B2C) through extensive distributor network reaching 1500 distributors and 3 lakh outlets nationwide. |
Key management - |
Our journey and innovations Demerger of food business in 2022, product innovations like Thecha and Schezwan chutney, and acquisition of Kamal Industries for expansion. |
Where we operate Primarily India with pan-Indian distributor reach and growing presence in multiple regional markets. |
Top products or what we offer Pickles, ketchups, sauces, chutneys, papads both handmade and machine-made. |
Top brands Aveer Pickles (#1 in category), Thecha, Schezwan Chutney, Papads — established, fast-growing meal accompaniment brands. |
Raw materials needed Raw materials include mangoes, lemons, spices, vegetables, biomass briquettes for energy. |
Raw materials supplier Suppliers include local farmer producer organizations and related party partners like Kamal Industries. |
Recurring vs cyclical contribution Revenue largely recurring from steady retail consumer demand for packaged meal accompaniments. |
Our industry position Market leader in pickles, strong growth in chutneys and papads; robust distribution and quality credentials. |
Financial highlights FY25 revenue Rs.108.5 crore, net profit Rs.3.94 crore, profit up 224% over prior year, strong margin improvement. |
Geographical revenue split Revenue predominantly from Indian markets; distribution network spans all key Indian states. |
Order book - |
Whats driving growth Product innovation, expanded distribution, increasing packaged food demand, government agro-processing support. |
Our future plans Scaling distribution to 3 lakh outlets, new product introductions in chutneys/sauces, sustainability initiatives. |
Our green promise Biomass fuel use, waste-to-wealth programs, water recycling, and progressive ESG reporting and targets. |
Our people and values 148 employees, focus on diversity, safety, and employee development with robust HR engagement. |
Key challenges ahead Raw material price volatility, compliance delays, intense competition, supply chain risks, regulatory adherence. |
Interesting facts Started as Chordia Food products demerged in 2022; first Indian company with integrated waste resource center. |
Risks and strategy Mitigates supply chain, regulatory, food safety risks via multi-vendor sourcing, audits, and compliance teams. |