What we do Chothani Foods Limited manufactures and supplies a wide range of blended, whole, and ground spices under its brands such as Appu Masala and Gayatri Masala, primarily serving Maharashtra's retail spice market. |
Founded in 1,975 |
Market share Established reliable presence in Maharashtra's spice industry with over 30 spice varieties and two main brands. |
Problem solved Provides authentic, high-quality traditional spice blends to meet diverse Indian culinary needs with consistent quality. |
Top clients or who we serve Mainly retail consumers in Maharashtra; B2C focus with wide distribution in local spice markets. |
Key management Neeraj Ashok Chothani (Managing Director & CFO), Sunil Chothani (Whole Time Director), Ashok Shivji Chothani (Director). |
Our journey and innovations Founded in 1975 as a proprietary spice business, incorporated as a company in 2014, listed in 2017, expanded product range and market reach. |
Where we operate Operate primarily in Maharashtra with focus on the Indian domestic market. |
Top products or what we offer Appu Masala and Gayatri Masala brands offering over 30 spice blends including Pav Bhaji Masala, Garam Masala, and various powder spices. |
Top brands Appu Masala - Key revenue driver, trusted brand in Maharashtra; Gayatri Masala - professional, reliable quality label. |
Raw materials needed Various raw spices including red chilli, cumin, pepper, turmeric, sourced from local and national suppliers. |
Raw materials supplier Supplied by multiple commodity spice vendors across India; no single supplier dominance. |
Recurring vs cyclical contribution Revenue is mostly recurring from regular spice sales with stable demand across seasons. |
Our industry position Niche player in Maharashtra's spice market with a credible brand reputation and consistent financial performance. |
Financial highlights Revenue approx. Rs. 8 crores; Net Profit around Rs. 13.61 lakhs for FY 2024-25; steady profit growth over previous year. |
Geographical revenue split Revenue predominantly from domestic Indian markets, particularly Maharashtra. |
Order book - |
Whats driving growth Consistent demand for traditional spice blends and increased brand recognition in Maharashtra drive growth. |
Our future plans Focus on expanding product range, augmenting net worth, strengthening capital, and exploring wider geographic reach. |
Our green promise - |
Our people and values Family-led company with experienced management fostering quality and customer trust; limited disclosure on diversity. |
Key challenges ahead Competitive spice market with price sensitivity; need for quality control and scaling operations effectively. |
Interesting facts Started as a sole proprietorship in 1975, professionally incorporated in 2014, and listed on BSE SME platform in 2017. |
Risks and strategy Risk mitigation via structured internal controls and risk management with focus on quality and consistent supply. |
