What we do Jhandewalas Foods Ltd manufactures and markets food items like ghee, poha, saffron under brands Naman's and Godhenu with a strong nationwide distribution network. |
Founded in 2,006 |
Market share Strong presence with over 50,000 retail outlets and 550 distributors across India in food staples and spices. |
Problem solved Provides quality, hygienic, traditional Indian food products meeting everyday kitchen needs with modern packaging and quality control. |
Top clients or who we serve Serves B2B and B2C markets, including corporate clients like Haldiram's, Dabur; caters to mass retail and institutional customers. |
Key management Raakesh B Kulwal, Managing Director; Jinko Devi Koolwal, Executive Director; experienced board with independent directors. |
Our journey and innovations Incorporated in 2006; converted to public company in 2017; went public in 2018 raising Rs 16 Crores; expanded product lines and institutional sales. |
Where we operate Pan-India presence with distribution network across India; manufacturing base in Jaipur, Rajasthan. |
Top products or what we offer Buffalo Ghee, Cow Ghee, A2 Gir Cow Ghee, Kesar, Poha, Mangodi, Papad, Groundnut Oil, Pasta, Chutneys, Spices under brands Naman's and Godhenu. |
Top brands Naman's - flagship for poha, saffron, ghee; Godhenu - prominent in ghee variants; trusted for quality and taste. |
Raw materials needed Green grams, black eyed peas, asafetida, salt, basmati rice, groundnut oil, spices, saffron threads. |
Raw materials supplier Sources raw poha from Gujarat; saffron from Kashmir; local suppliers for pulses and spices. |
Recurring vs cyclical contribution Revenue driven by recurring retail sales supported by institutional contracts, balancing steady and cyclical demand. |
Our industry position Well-positioned in traditional Indian food products with expanding institutional partnerships and growing retail footprint. |
Financial highlights FY 2023-24 revenue Rs 35.91 Crores with profit after tax Rs 24.45 Crores, showing significant turnaround and growth over prior years. |
Geographical revenue split Revenue primarily from Indian markets across multiple states through extensive distribution channels. |
Order book - |
Whats driving growth Product diversification, expanding institutional client base, strong distribution network, and quality-focused innovation. |
Our future plans Increase product variants, enhance institutional sales, strengthen manufacturing capacity and brand positioning nationally. |
Our green promise Commits to environmentally clean, safe operations with energy conservation practices and regulatory compliance. |
Our people and values Culture rooted in Indian values, focusing on quality, integrity, and employee welfare; gender diversity with active female leadership. |
Key challenges ahead Negative net worth recovery, managing debt defaults, competitive market pressures, raw material price volatility. |
Interesting facts Company evolved from private to public in 2017; has a 125-year-old sister concern; markets unique products like Mangodi. |
Risks and strategy Mitigates financial and operational risks via proactive debt management, process improvements, and broad market engagement. |