M R Maniveni Foods Ltd (MANIVENI) Share Price & Fundamentals

What we do

M R Maniveni Foods Ltd specializes in manufacturing and processing pulses, primarily urad dal and toor dal, supplying to retailers, wholesalers, and e-commerce platforms.

Founded in

2,010

Market share

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Problem solved

Provides high-quality pulses to meet growing consumer demand with efficient automated and semi-manual manufacturing processes.

Top clients or who we serve

Large-format retailers, wholesalers, and e-commerce platforms; B2B focused.

Key management

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Our journey and innovations

Founded in 2010, transitioned from manual to automated urad dal production in 2022; expanded to semi-manual toor dal manufacturing in 2023.

Where we operate

Primarily India, serving domestic market through retail and wholesale channels.

Top products or what we offer

Processed urad dal and toor dal pulses with diversified product range including moong dal, kabuli channa, coriander seeds, rice, and chillies.

Top brands

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Raw materials needed

Pulses like urad dal, toor dal, moong dal, kabuli channa, coriander seeds, rice, chillies.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue is subject to agricultural cycles but growing processing automation supports consistency.

Our industry position

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Financial highlights

Fiscal 2024 (March) revenue Rs 203.48 crore; net profit Rs 3.88 crore, showing steady business scale.

Geographical revenue split

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Order book

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Whats driving growth

Increasing demand for pulses, automation-driven efficiency, product diversification, and expanding supply to retail and e-commerce.

Our future plans

Planning IPO of 6.5 million equity shares to fund growth and scale operations.

Our green promise

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Our people and values

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Key challenges ahead

Agricultural variability, competition, and scaling manufacturing capacity sustainably.

Interesting facts

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Risks and strategy

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