HOAC Foods India Limited – Company Report
1. Company Overview
HOAC Foods India Limited, incorporated in March 2018 and headquartered in New Delhi, operates as a manufacturer and marketer of natural and high-quality packaged food products under the brand “HARIOM.” The company has steadily expanded since its inception, building a robust network in Northern and Central India. HOAC Foods operates with an integrated Direct-to-Consumer (D2C) and B2B business model. As of July 2025, it has 15 exclusive retail stores (5 company-owned and 10 franchised), largely across the Delhi-NCR region, along with a digital presence that engages over 14,500 monthly app users. Its manufacturing facilities are located in Bhondsi and Mahinderwara, Haryana, with continued investments in automation and efficiency.
- Incorporated: March 2018
- Headquarters: New Delhi, India
- Brand: HARIOM
- Employees: 51–200
- Retail Outlets: 15 (5 owned, 10 franchised)
- Manufacturing Facilities: Bhondsi and Mahinderwara, Haryana
- Market Cap (July 2025): Approx. ₹74 crore
- Certifications: ISO 9001:2015 and quality-focused processes
2. Products and Services
HOAC Foods offers a diverse product portfolio catering to health-conscious and quality-driven consumers:
Flour and Grains:
- Chakki Atta (wheat flour), including specialty varieties such as MP Desi Atta, MP Sharbati Atta, and Multigrain Atta
- Unpolished pulses, grains, and rice
Spices and Herbs:
- Natural, organic spices like chili, turmeric, cumin, coriander, and specialty spice blends
- Processed using specialized grinding and packaging to retain freshness
Oils:
- Cold-pressed yellow and black mustard oils
- Monthly mustard oil output expanded to 30,000 liters
- Plans underway to introduce other “clean label” premium oils
Other Offerings:
- Dry fruits (expansion underway)
- Seasonal and festival food hampers
Business Model and Distribution:
- Sold via exclusive brand outlets and retail partners
- Strong D2C channel through web and app platforms
- B2B operations expanded to over 500 partner stores in tier 1 and tier 2 cities
- Export operations through HOAC Exports Private Limited
The company focuses on preservative-free, fresh, and traceable food products with a farm-to-kitchen philosophy and customer-friendly packaging.
3. Recent News and Financial Performance
Business Developments:
- Installed automatic packaging machines; monthly spice pouch output rose from 108,000 to 990,000 units
- Launched black mustard oil to strengthen the edible oils segment
- Secured new B2B supply agreements; sold over 25,000 bags of MP Sharbati Atta in just 2.5 months
- Incorporated an export-focused subsidiary and boosted franchise and D2C outreach
4. Financial Performance (FY2025)
| Metric | FY2025 Value | YoY Growth |
|---|---|---|
| Total Revenue | ₹26.64 crore | 69.4% ↑ |
| Net Profit | ₹2.48 crore | 142.7% ↑ |
| EBITDA | ₹4.25 crore | 134% ↑ |
| EBITDA Margin | 15.96% | Up from 11.63% |
| Net Profit Margin | 9.38% | Up from 6.55% |
| Earnings Per Share (EPS) | ₹6.79 | 74.2% ↑ |
| Return on Equity (ROE) | 33.7% | Strong |
| Dividend | Not Declared | - |