Sarveshwar Foods Ltd. – Company Report
1. Company Overview
Sarveshwar Foods Ltd., founded in 2004 and headquartered in Jammu, is one of India’s leading integrated processors, marketers, and exporters of basmati and non-basmati rice, as well as a rising player in the branded organic food sector. With a legacy dating back over 130 years, the company operates a multi-plant infrastructure across Jammu & Kashmir. Sarveshwar’s revenues are driven by sales of both traditional and organic rice—branded (Sarveshwar, Nimbark) and unbranded—across domestic and global markets. Its offerings include white raw, steam, brown, broken, and parboiled rice, complemented by a growing portfolio of organic pulses, grains, flours, oils, and packaged staples.
Key Highlights
- Incorporated: 2004 (legacy since 1890; listed entity since 2010)
- Headquarters: Jammu, J&K
- Employees: 201–500
- Manufacturing: Multi-plant setup with modern milling, grading, packaging in Jammu
- Certifications: ISO 9001, APEDA, BRC, Star-K Kosher, China Export, and others
- Brands: Sarveshwar Basmati (rice), Nimbark (organic foods)
- Key Markets: Africa, Middle East, USA, Europe
- Leadership: Rohit Gupta (Chairman), Anil Kumar Sharma (MD), Seema Rani (Whole-Time Director), new independent board members added in 2025
- Listing: NSE & BSE (Market Cap ~₹369 crore as of Aug 2025)
- Core Strengths: Strong sourcing network, global export accreditations, diversified SKUs, expanding D2C and organic segments
2. Products and Services
- Rice Portfolio: Premium basmati, non-basmati, organic basmati, white raw, steam, brown, parboiled rice
- Organic Product Line (Nimbark): Grains, pulses, oils, spices, health foods
- Retail/D2C: Expanding modern retail presence, new company-owned stores, and e-commerce platforms
- Private Label/Contract Manufacturing: Customized formulations for Indian and international clients
- Bulk & Institutional: Milling, job work, contract packaging for external brands
3. Recent News and Business Developments (2025)
Major Export Orders and Global Expansion
- March 15, 2024: It has secured a ₹50 crore export order to Africa via NAFED.
- September 15, 2024: Sarveshwar Foods and its subsidiary Sarveshwar Overseas Ltd. have secured four export contracts valued at ₹631.00 million from Singapore-based Swan International Pte Ltd for premium Indian parboiled rice.
- September 25, 2024: It has secured a ₹329 million export order from Singapore-based Monarda Commodities Pte. Ltd. The company has received the order through its wholly owned subsidiary, Green Point Pte. Ltd, Singapore.
- October 6, 2024: Sarveshwar Foods Limited has secured a ₹266 million export deal with Agri Services & Trade LLP from Delaware, USA.
- November 26, 2024: It has secured a ₹44.5 crore long-grain parboiled rice contract via Green Point Pte. Ltd. (Singapore subsidiary). Green Point targets over ₹200 crore revenue in FY25.
- November 29, 2024: Full acquisition of Dubai-based Natural Global Foods DMCC to conclude by December 31, 2024.
- December 6, 2024: Awarded ₹49.8 crore Basmati rice order to I SIFOL LLC (USA), covering over 5,300 MT for US ethnic markets.
- September 17, 2025: Sarveshwar Foods Limited has announced a rights issue of 24.99 crore equity shares at ₹6 per share, aiming to raise ₹149.95 crore. The rights entitlement is 1 share for every 47 shares held, with the issue opening on September 2, 2025, and closing on September 16, 2025.
- November 4, 2025: Green Point Pte. Ltd., a subsidiary of Sarveshwar Foods, has signed a MoU with the Indian Rice Exporters Federation for rice exports worth $19.8 million (₹173.9 crores). The agreement involves exporting 50,000 Metric Tons of rice, including 40,000 MT of Indian Parboiled Rice and 10,000 MT of Indian White Rice.
- November 10, 2025: Sarveshwar Foods Limited has entered a tri-party agreement with a Jammu & Kashmir-based Farmer Producer Organization and the Indian Rice Exporters Federation to procure 500 metric tons of Kashmir's aromatic Mushkbudji rice, valued at approximately ₹7.50 crores.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹1,141 crore |
| Net Profit | ₹26.92 crore |
| Operating Margin | 6% |
| Net Profit Margin | 2.4% |
| EPS | ₹0.22 |
| Dividend | None (retained for expansion) |