Mother Nutri Foods Ltd (MNFL) Share Price & Fundamentals

What we do

Mother Nutri Foods Ltd manufactures diverse flavored peanut butter under its brand 'Spread & Eat' and for international private label clients.

Founded in

2,022

Market share

Emerging player with growing presence in domestic and international markets including Libya, Dubai, Japan, and multiple global private label clients.

Problem solved

Provides healthy, varied peanut butter options catering to taste diversity and dietary needs worldwide.

Top clients or who we serve

Domestic consumers via own brand and global private label clients in UK, USA, Canada, UAE, and more; B2C and B2B.

Key management

Chintan Rajnikant Thakar (Director)

Our journey and innovations

Incorporated in 2022 acquiring a partnership firm; expanded flavor range; entered export markets including Japan recently.

Where we operate

India (domestic), export markets including Libya, Dubai, Japan, UK, USA, Canada, UAE, South Africa, and others.

Top products or what we offer

Peanut butter variants including natural, creamy, crunchy, less fat, high protein, and flavored types like chocolate and honey.

Top brands

Spread & Eat — flagship brand, 10+ flavors, multiple product lines.

Raw materials needed

Peanuts and natural flavoring ingredients

Raw materials supplier

-

Recurring vs cyclical contribution

Revenue primarily recurring from consistent product sales and private labeling contracts.

Our industry position

Rising player in peanut butter segment with significant export clientele and domestic growth potential.

Financial highlights

FY23 revenue Rs 90.24 crore with net profit Rs 6.47 crore, reflecting solid profit margins in first full year.

Geographical revenue split

Domestic 58.87%, Export 31.37% of total revenue FY23

Order book

-

Whats driving growth

Growing health-conscious consumer demand, export market expansion, and broad flavor portfolio.

Our future plans

Plans for IPO and expanding market reach domestically and internationally.

Our green promise

-

Our people and values

Dedicated leadership with focus on quality, innovation, and customer satisfaction.

Key challenges ahead

Competition, market expansion risks, and sustaining flavor innovation.

Interesting facts

Recently converted from private to public limited company and entered Japanese market.

Risks and strategy

No material risks identified; strategy includes market diversification and innovation.