What we do Krishival Foods Limited processes and markets premium cashew nuts, dry fruits under 'Krishival Cashews' and operates in ice cream and dairy segments through its subsidiary. |
Founded in 2,014 |
Market share Rapidly growing FMCG player with strong presence in premium nuts and emerging ice cream markets in India. |
Problem solved Provides high-quality, hygienic, and flavorful nut and dry fruit products meeting rising health and taste demands; organic manure also supplied to farmers. |
Top clients or who we serve Serves consumers in over 26 tier II & III towns across India with 30+ distributors; B2C and B2B in FMCG sectors. |
Key management Chairperson Sujit Bangar (Harvard Business School alumnus), MD Aparna Morale Bangar, CEO Nana Prakash Mhaske with 20+ years industry experience. |
Our journey and innovations Founded 2014, listed 2025; expanded from cashews to diversified food with ice cream acquisition; strong R&D and eco-friendly packaging innovations. |
Where we operate Primarily India with presence in 26+ tier II & III towns; export markets include Singapore and plans for Asian and Middle Eastern expansion. |
Top products or what we offer Cashew kernels (varied grades and flavors), dry fruits, organic manure, and ice cream products under Melt N Mellow brand. |
Top brands 'Krishival Cashews' - premium nuts leader; 'Melt N Mellow' - youthful ice cream brand with strong regional presence. |
Raw materials needed Raw cashew nuts sourced from Konkan region and imports from African and Asian countries; organic manure made from cashew processing byproducts. |
Raw materials supplier Sourced directly from farmers and import agents in Benin, Indonesia, Guinea-Bissau, and Konkan India. |
Recurring vs cyclical contribution Revenue largely recurring from steady FMCG consumer demand with some seasonality in raw material supply and ice cream sales. |
Our industry position Among fastest-growing premium nut and dry fruit companies in India; emerging premium ice cream market player via subsidiary. |
Financial highlights FY25 consolidated revenue ₹202.3 crore (+97% YoY), net profit ₹13.54 crore (+47% YoY), EBITDA growth supported by capacity expansion. |
Geographical revenue split Domestic Indian market focus with export presence in Singapore; expanding in western and southern India. |
Order book - |
Whats driving growth Expanding distribution in tier II/III towns, diversification into ice creams/backery, capacity scaling, brand innovation, and rising health trends. |
Our future plans Expand nut products pan-India, deepen export markets, grow ice cream capacities, launch premium SKUs, and enhance cold-chain infrastructure. |
Our green promise Eco-friendly recyclable packaging, organic manure production from processing waste supports sustainability and community agriculture. |
Our people and values 200+ employees, inclusive workplace with focus on ethical conduct, transparency, and employee development. |
Key challenges ahead Raw material price volatility, supply chain disruptions, scaling new product segments, and competition in FMCG sectors. |
Interesting facts Successfully migrated from SME to main board listing in 2025; over 80% customer retention; dual-brand FMCG platform with strong R&D. |
Risks and strategy Mitigates supply risks via diversified sourcing globally; focuses on capacity expansion and innovation to sustain growth and market position. |
