What we do Foods & Inns Ltd processes and markets food pulps, concentrates, spray dried powders, frozen foods, spices, and ready-to-eat products globally. |
Founded in 1,967 |
Market share Leader in mango pulp processing with 79-80% market share and growing presence in frozen foods and spices segments. |
Problem solved Provides high-quality processed fruit and vegetable products catering to food preservation, convenience, and global supply chain needs. |
Top clients or who we serve Supplies industrial and consumer packs to FMCG companies, airlines, and retail across India, Middle East, Europe, UK, Japan, USA (B2B and B2C). |
Key management Chairman Mr. Bhupendra Dalal; CEO Mr. Moloy Saha; CFO Mr. Anand Krishnan; Promoter MD Mr. Milan Dalal. |
Our journey and innovations Since 1967, pioneered egg powder exports, expanded frozen foods, added Tetra Recart packaging, and ventured into AI-driven automation. |
Where we operate India (7 plants), exports to UK, Kuwait, Saudi Arabia, Yemen, Japan, Germany, Russia, Canada, Finland, Gulf region, Hong Kong. |
Top products or what we offer Mango, tomato, guava pulps; frozen fruits & vegetables; spices; spray dried powders; Tetra Recart canned products; pectin via JV. |
Top brands ‘Madhu’ (fruits & vegetables), ‘Green Top’ (frozen foods), ‘Kusum’ (spices), ‘Beyond Mango’ (pectin JV). |
Raw materials needed Fresh fruits (mangoes, tomatoes, guava), vegetables, spices, dairy inputs for powders. |
Raw materials supplier Procured directly from certified sustainable farmers across India via strong farmer relationships. |
Recurring vs cyclical contribution Revenue largely recurring through long-term contracts and exports; seasonal influences in raw material availability. |
Our industry position Dominant in mango pulp segment; emerging player in frozen foods and spices; expanding sustainable product lines. |
Financial highlights FY25 revenue ~₹992 Cr, PAT ₹42 Cr; EBITDA margin ~12.8%; 4-year CAGR in revenue 27%, profit 81%; healthy export/domestic mix. |
Geographical revenue split Domestic sales ~₹616 Cr (62%), exports ~₹376 Cr (38%) in FY25. |
Order book - |
Whats driving growth Growing global demand for processed fruits, busier lifestyles fueling frozen foods, expansion in international markets, sustainability and innovation focus. |
Our future plans Expand spray drying capacity, scale Tetra Recart and pectin JV, grow frozen food volumes, enter newer export markets including Finland and Canada. |
Our green promise Sustainable farming programs, reducing chemical use, water conservation, carbon disclosure, energy efficiency via solar power projects. |
Our people and values Approximately 700 employees, strong focus on employee stock ownership and inclusive culture. |
Key challenges ahead Raw material price volatility, climate impact on agriculture, currency fluctuations, supply chain disruptions. |
Interesting facts First Indian exporter of egg powder; innovated aseptic and spray drying technologies; awarded for sustainable agriculture initiatives. |
Risks and strategy Mitigates agricultural risks through farmer partnerships and certifications; diversifies products and markets; leverages technology for operational efficiencies. |
