241.67
+0.49%
Close of 9 Nov 2026, in INR
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About ADF Foods
Its shares trade on NSE under the ticker ADFFOODS.NS. It has been listed since 11 March 1992. In the fiscal year to 31 March 2026, it reported revenue of ₹6.83bn and net income of ₹899.2m. At that date it held total assets of ₹7.55bn and shareholders' equity of ₹5.72bn.
ADF Foods Ltd is a IN-based company operating in Food Products industry. The company is headquartered in Mumbai, Maharashtra. ADF Foods Limited is an India-based company, which is engaged in the business of Meal Accompaniments, Canned Food & Ready to eat, and Frozen Foods. The firm's product portfolio includes ready-to-eat food, ready-to-cook food, frozen food, frozen vegetables, cooking pastes, and food accompaniments, such as pickles, sauces and chutneys. The firm's portfolio of brands includes Ashoka, Truly Indian, Camel, Aeroplane, ADF Soul, Nate’s, and PJ’s Organics. The firm's Meal Accompaniment products include Dipping Sauces, such as twisty tamarind, tango mango, spicy schezwan, and chatpata achari. Its Chutneys in olive oil products include coriander chutney, mint chutney, pani puri concentrate, sandwich chutney, and tamarind chutney. The company also provides Pickles in Olive Oil, Traditional Pickles, and Mango Chutneys. The firm's Frozen products include Frozen samosas, Frozen Kathi rolls, Frozen dosa wraps, Frozen snacks and Ponk. The firm also provides baked snacks and flavored milk drinks.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Staples
- Industry
- Food Products
- Listed since
- 11 Mar 1992
- Employees
- 347
- Website
- adf-foods.com ↗
Leadership
Pay as last reported
- Mr. Bimal ThakkarExecutive Chairman of the Board, Chief Executive Officer, Managing Director, since 2006₹33.8m
- Mr. Srinivas AyyagariChief Financial Officer
- Mr. Shivaan ThakkarSenior Vice President - USA Business
- Ms. Shalaka OvalekarCompliance Officer, Company Secretary
- Mr. Sumer ThakkarVice President - Sales & Strategy
- Mr. Maneck KatpitiaVice President- International Operations and Supply Chain
- Mr. Balbir SinghVice President - Manufacturing
- Mr. Jeetendra JoshiGeneral Manager - Supply Chain
- Mr. Vaibhav WattamwarGeneral Manager - Nasik
- Mr. Arjuun GuuhaAdditional Whole Time Director, since 2023
- Mr. Jay MehtaNon-Executive Non-Independent Director₹300,000
- Mr. Viren MerchantNon-Executive Non-Independent Director, since 2021₹650,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- ADF Foods Ltd's product portfolio includes Ashoka, Truly Indian, and Camel brands for meal accompaniments.
- The company offers a diverse range of frozen foods like samosas, Kathi rolls, and dosa wraps.
- ADF Foods Ltd's ready-to-eat and ready-to-cook food lines cater to Indian consumer preferences.
Weaknesses
- ADF Foods Ltd has only 347 employees, which may limit operational scale.
- The company's product range lacks international expansion beyond India.
- ADF Foods Ltd's business is concentrated in the Consumer Staples sector without diversification.
Opportunities
- ADF Foods Ltd can leverage its Ashoka brand for new market segments in India.
- The growing demand for frozen foods presents an opportunity for expansion in India.
- Increasing consumer interest in organic products aligns with PJ’s Organics brand.
Threats
- ADF Foods Ltd faces competition from established Indian food brands in the Consumer Staples sector.
- The company's reliance on the Indian market exposes it to local economic fluctuations.
- Rising costs of raw materials could impact ADF Foods Ltd's profit margins.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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