What we do Sumuka Agro Industries Limited trades a wide range of dry fruits, ready-to-cook items, snacks, sweets, spices, and packaged foods primarily targeting the South Indian market. |
Founded in 1,989 |
Market share Known for 53 SKUs established and accepted strongly in South India, growing steadily in agro-based trading sector. |
Problem solved Facilitates convenient access to quality agro-based food products including dry fruits and ready-to-cook items. |
Top clients or who we serve Serves retail consumers and online packaged food buyers across India, primarily B2C segment. |
Key management Mr. Paresh Thakker (Chairman & Managing Director), Ms. Shaili Patel (Director & CFO). |
Our journey and innovations Transitioned from paper machinery to agro-products in 2016; expanded from 6 to 53 product SKUs since 2017; pursuing merger with Gujjubhai Foods Pvt Ltd. |
Where we operate Operations focused primarily in India with a strong presence in South Indian markets. |
Top products or what we offer Dry fruits, ready-to-cook items, nankeen and snacks, sweets, spices, and packaged foods. |
Top brands - |
Raw materials needed Dry fruits, spices, agricultural produce for snacks and packaged foods. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is mostly transactional from product trading with some recurring online sales. |
Our industry position Emerging player in agro-trading focusing on niche food products with steady revenue growth. |
Financial highlights FY 2024-25 revenue of Rs. 62.3 crore with net profit of Rs. 2.74 crore; steady growth in sales over previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Expansion of product range, growing online presence, and merger with Gujjubhai Foods aiding scale. |
Our future plans Merger with Gujjubhai Foods to expand product portfolio and market reach; continued SKU expansion. |
Our green promise - |
Our people and values Committed leadership with experienced directors and focus on governance; ongoing internal audits and compliance. |
Key challenges ahead Competition in agro-product market and integration challenges post-merger. |
Interesting facts Successfully diversified from paper machinery to agro-industry with broad product acceptance in South India. |
Risks and strategy Managing supply chain risks by expanding supplier base; leveraging merger to enhance competitiveness. |
