What we do Tasty Dairy Specialities Ltd processes and produces a wide range of dairy products including milk, ghee, butter, and milk powders mainly serving institutional and retail customers in India. |
Founded in 1,992 |
Market share Operates in one of India's richest milk belts with institutional customers nationally, competing mainly in the dairy segment across Uttar Pradesh, Madhya Pradesh, and Bihar. |
Problem solved Provides quality dairy products meeting demand for perishables with extended shelf life, catering to bulk and marquee institutional clients across India. |
Top clients or who we serve Serves B2B and B2C clients including Delhi Milk Scheme, Mother Dairy, Parle Products, Sterling Agro, Kwality Dairy, and Perfetti Van Melle. |
Key management - |
Our journey and innovations Established in 1992, shifted to public company in 2004, with ISO 22000:2005 certification; uses homogenization technology to enhance milk shelf life. |
Where we operate Primarily Uttar Pradesh, Madhya Pradesh, Bihar, with institutional sales pan India. |
Top products or what we offer Products include pasteurized milk, butter, ghee, paneer, skimmed and full cream milk powder, dairy whitener, and Indian sweets mix. |
Top brands 'UJJWAL', 'SHIKHAR', 'VERIFRESH', 'CIMA', 'MITHAI MASTER' with regional market presence and quality certifications. |
Raw materials needed Raw milk predominantly sourced from Uttar Pradesh's milk belt. |
Raw materials supplier Local dairy farmers and bulk milk suppliers in Uttar Pradesh region. |
Recurring vs cyclical contribution Revenue is primarily recurring through ongoing milk processing and sales to institutional and retail clients. |
Our industry position Regional player with ISO certification serving key institutional clients; facing financial challenges impacting growth. |
Financial highlights FY 2024-25 revenue Rs. 6.44 crore, net loss Rs. 9.93 crore, improved from prior year losses but facing liquidity issues. |
Geographical revenue split Majority revenue from Uttar Pradesh, Madhya Pradesh, and Bihar markets; institutional sales pan India. |
Order book - |
Whats driving growth Recovery efforts post COVID-19 with focus on energy conservation tech and enhanced product offerings. |
Our future plans Engaging lenders for financial restructuring; exploring complementary business models to strengthen operations. |
Our green promise Energy conservation measures include boiler upgrades, LED lighting, and efficient refrigeration technologies. |
Our people and values Employees committed to quality; faced challenges in salary payments mitigated by promoter support. |
Key challenges ahead Financial restructuring, overdue payments, frozen bank accounts, and operational suspension impact continuity. |
Interesting facts One of few dairy companies with ISO 22000:2005 certification and advanced homogenization technology in its region. |
Risks and strategy Facing liquidity crunch and lender actions; management actively pursuing revival plan and new funding sources. |