What we do Elfin Agro India Ltd manufactures and sells wheat flour and edible mustard oil, primarily serving wholesalers and retailers in Rajasthan and neighboring states. |
Founded in 2,009 |
Market share Growing presence in wheat flour and mustard oil processing markets in Rajasthan and nearby regions. |
Problem solved Provides high-quality processed wheat flour and edible oils to meet regional food staple demands. |
Top clients or who we serve Wholesale and retail customers across Rajasthan, Uttar Pradesh, and Gujarat; B2B and B2C markets. |
Key management - |
Our journey and innovations Incorporated in 2009; pivoted from textiles to food processing in 2012. Expanded flour capacity and added dal mill and oil units by 2023. |
Where we operate India, focusing on Rajasthan, Uttar Pradesh, Gujarat, and adjacent markets. |
Top products or what we offer Chakki Atta, Refined Atta, Tandoori Atta, Sooji, Maida, yellow mustard oil under 'Shiv Nandi' and 'ELFIN'S Shri Shyam BHOG'. |
Top brands Shiv Nandi: Key brand for wheat flour and mustard oil; ELFIN'S Shri Shyam BHOG: Flour brand distributed widely. |
Raw materials needed Raw wheat for flour and raw mustard seeds for edible oil extraction. |
Raw materials supplier Local agricultural suppliers and farmers in Rajasthan and surrounding areas. |
Recurring vs cyclical contribution Primarily recurring revenue from staple food products with some cyclical variation based on crop yields. |
Our industry position Emerging processor and seller in North Indian wheat flour and edible oil markets with growth potential. |
Financial highlights Revenue Rs 145.86 crore, Net Profit Rs 5.08 crore for fiscal year ending 2023. |
Geographical revenue split Major revenue from Rajasthan and neighboring states like Uttar Pradesh and Gujarat. |
Order book - |
Whats driving growth Capacity increases, product diversification, and strong regional distribution expanding market reach. |
Our future plans Initial public offer to raise Rs 25.02 crore to fund expansion and strengthen market position. |
Our green promise - |
Our people and values - |
Key challenges ahead Competition from established brands and raw material price fluctuations. |
Interesting facts Transitioned from textile to food processing in 2012; family management since 2019. |
Risks and strategy Mitigate raw material risks through supplier diversification; focus on brand building and capacity enhancement. |
