What we do Sonalis Consumer Products Ltd manufactures and markets nutritious snacks including granola bars and traditional Indian snacks under the brand 'Appetite Food'. |
Founded in 2,022 |
Market share A growing player in Maharashtra, Gujarat, and Goa with an expanding distribution network in the nutritious snacks segment. |
Problem solved Provides health-conscious consumers with nutritious, tasty snack alternatives addressing demand for healthy food options. |
Top clients or who we serve Serves retail consumers across Maharashtra, Gujarat, and Goa; targeting youth and adults seeking healthy snacks; B2C focus. |
Key management Ms. Sonali Nilesh Kocharekar (Managing Director) and Ms. Smita Shashikant Shah (Whole Time Director) lead the company. |
Our journey and innovations Founded 2022, acquired Appetite Food in 2022, IPO in 2023; started warehousing and cold storage business in 2025; expanding product portfolio and markets. |
Where we operate Mainly Maharashtra, Gujarat, Goa with plans for pan-India and international expansion including Dubai office setup. |
Top products or what we offer Granola Bars, Laddu, Chakli, Sev, Chivda; warehousing and cold storage services. |
Top brands Appetite Food - flagship brand for nutritious granola bars and Indian snacks; recognized as a fast-growing diet food manufacturer. |
Raw materials needed Nuts, seeds, flours, healthy oils, spices for snack production. |
Raw materials supplier Local suppliers in Maharashtra and Gujarat region; specifics not disclosed. |
Recurring vs cyclical contribution Revenue largely from recurring product sales with gradual growth of warehousing services. |
Our industry position Emerging nutritious snacks producer with strong market presence in Western India, recognized for innovation and growth. |
Financial highlights FY 2024-25 revenue Rs.106.7 crore with net profit Rs.2.65 crore, strong EBITDA growth, capital raised via IPO and rights issue. |
Geographical revenue split Revenue primarily from Western India (Maharashtra, Gujarat, Goa); plans to expand geographically. |
Order book - |
Whats driving growth Rising health-conscious consumer demand, expanded product portfolio, strategic alliances, and new warehousing infrastructure. |
Our future plans Expand warehousing in Rajkot, develop export markets, launch hydroponic farming, and increase international-quality fresh produce. |
Our green promise Focus on sustainable farming practices, waste reduction, and energy-efficient operations in agriculture and processing. |
Our people and values Led by health-food enthusiasts; promotes high performance culture and quality orientation; small but growing team. |
Key challenges ahead Expanding market reach, managing supply chain complexity, and scaling new warehousing business amid competitive FMCG market. |
Interesting facts Recognized among top 10 food brand leaders in 2022; awarded manufacturing star and fastest growing diet food producer. |
Risks and strategy Mitigating supply chain and market risks via diversification, contract farming, and investment in cold storage facilities. |
