What we do Srivari Spices & Foods Ltd manufactures and markets organic spices and whole wheat flour, serving Telangana and Andhra Pradesh through direct-to-customer and B2B models. |
Founded in 2,019 |
Market share A growing regional player in spices and flour with expanding retail presence via 15,000 stores. |
Problem solved Provides fresh, preservative-free spices and flour meeting health-conscious consumer demand. |
Top clients or who we serve Serves individual consumers via D2C and suppliers in B2B channels in Telangana and Andhra Pradesh. |
Key management Neihaa Rathi (Chairman & Whole-Time Director), Narayan Das Rathi (Whole-Time Director) |
Our journey and innovations Started 2019 with turmeric, chili, coriander powders; expanded to masalas and whole wheat flour; established two manufacturing units. |
Where we operate Focused on Telangana and Andhra Pradesh markets. |
Top products or what we offer Spices (turmeric, chili, coriander, sambar masala, garam masala), whole wheat flour (chakki atta). |
Top brands Srivari Spices and Srivari Whole Wheat Atta - fast-growing regional brands. |
Raw materials needed Raw spices sourced from various Indian regions, whole wheat for flour. |
Raw materials supplier Sourced from multiple Indian suppliers; specifics not disclosed. |
Recurring vs cyclical contribution Revenue primarily recurring from regular retail and wholesale spice and flour sales. |
Our industry position Emerging regional leader with robust growth and expanding product portfolio in spices and flour. |
Financial highlights FY 2024-25 revenue Rs 113.81 Cr, net profit Rs 9.52 Cr; ~45% revenue growth year-on-year. |
Geographical revenue split Revenue largely from Telangana and Andhra Pradesh regions. |
Order book - |
Whats driving growth Product diversification, manufacturing capacity expansion, and increased D2C retail penetration. |
Our future plans Strategic capital raise via rights issue; focus on expanding market reach and product lines. |
Our green promise - |
Our people and values Committed workforce with emphasis on ethical practices and employee safety. |
Key challenges ahead Competition, supply chain stability, and scaling distribution efficiently. |
Interesting facts Successfully raised Rs 8.99 Cr via IPO and further Rs 24.99 Cr via rights issue recently. |
Risks and strategy Mitigates risks through diversified product mix, quality controls, and expanding distribution network. |
