Source Natural Foods and Herbal Supplements Limited is an Indian listed entity undergoing a strategic evolution from a specialized **Ayurvedic and FMCG** manufacturer into a diversified **Sustainability and Green Energy** powerhouse. Operating as a key subsidiary of **Sriveda Sattva Private Limited**, the company leverages the global **"Sri Sri Tattva"** ecosystem to distribute products across **56 countries** and six continents. Under its emerging brand **"Hyenr,"** the company is positioning itself as a "Net Zero" consultant and implementation partner, targeting high-growth sectors including **Solar Energy, EV Infrastructure, and Patented Wastewater Treatment**. --- ### Strategic Business Verticals & Product Portfolio The company’s operations are organized into two primary divisions: **Wellness & Healthcare** (the legacy profitable core) and **Green Energy & Infrastructure** (the high-growth diversification engine). #### 1. Wellness, Healthcare & AYUSH Rooted in the **Ancient Science of Ayurveda**, this segment focuses on manufacturing and marketing herbal products using **certified organic herbs**. * **Flagship Products:** * **Shakti Drops:** A premier herbal immunity builder featuring **8 certified organic herbs**. * **Ojasvita:** A nutritional supplement designed for mental sharpness and physical nourishment. * **Specialized Supplements:** Includes **Ashwagandha** (stress and sleep management) and **Triphala** (digestive and ocular health). * **Supply Chain Integrity:** Operates a **buy-back support model** for farmers, providing education on **natural farming** to ensure a consistent supply of high-quality raw materials. #### 2. Green Energy & Solar Solutions (Brand: Hyenr) The company is aggressively pursuing a portfolio target of **1 GW** of solar energy, operating through residential, C&I, and utility-scale projects. * **Solar Portfolio:** * **Utility Scale:** A signature **10 MW** ground-mounted installation at **Pavagada, Karnataka**. * **C&I & Residential:** Recent commissions include **0.5 MW** (Bangalore), **100 KWp** (Odisha), and **200 KWp** installations in **Gujarat and Karnataka**. * **Government Schemes:** Empaneled with **MNRE** under the **PMSGMBY** scheme; currently executing **140 projects** under **PM Surya Ghar Yojana**. * **Manufacturing Ambition:** Stepping into **ALMM-approved** solar module manufacturing to verticalize the supply chain. #### 3. Sustainable Infrastructure & EV Mobility * **Patented BIO-Green STP:** A nature-based sewage treatment plant that requires **no chemicals, no electricity, and produces no odor or noise**. * **Performance:** Delivers an output **BOD (Biochemical Oxygen Demand) of < 5 PPM**, significantly cleaner than **Bureau of Indian Standards** requirements. * **Recent Project:** A **250 KLD** plant in Karnataka serving residential and industrial sectors. * **EV Infrastructure:** Developing **DC fast charging stations** to capture the projected **30% EV penetration** by 2030. Currently operates a **60KW DC fast charger** in Bangalore. * **Waste Management:** Board-approved plans to convert municipal and agricultural waste into energy. --- ### Operational Infrastructure & Technology Absorption The company emphasizes automation and technological advancement to mitigate labor shortages and drive cost efficiencies. * **Manufacturing Hub:** Located in **Bachupally, Hyderabad (Telangana)**, the facility is **GMP certified** and holds **FSSAI** licenses for global export. * **Resource Conservation:** Implementation of energy-efficient blowers, natural lighting optimization, and water reuse protocols. * **Project Execution:** Secured **EPCC (Engineering, Procurement, Construction, and Commissioning)** contracts totaling **₹52 Crores** across **7 states**. * **Corporate Structure:** Utilizes **Special Purpose Vehicles (SPVs)** for energy projects, such as **Source Natural Solar Private Limited** (incorporated **February 2026**) for Odisha-based operations. --- ### Financial Performance & Governance The company maintains a consistent track record of profitability and adheres to rigorous **Ind AS** accounting standards. | Metric | Value / Status (FY 2024-25) | | :--- | :--- | | **Top-line Growth** | **~65% increase** | | **Profit Before Tax (PBT)** | **13% increase** | | **Audit Opinion** | **Unmodified** (True and Fair view) | | **Foreign Exchange Earnings** | **₹9,81,634** (Consolidated notes) | | **Foreign Exchange Outgo** | **₹1,78,965** | | **Related Party Cap** | **₹50 Crores** annual limit for goods/services | **Leadership Continuity:** **Mr. Arvind Varchaswi N** has been re-appointed as **Managing Director** for a five-year term (**2025–2030**) to oversee the transition into green energy. --- ### Related Party Framework & Market Strategy The company operates a synergistic model with its holding entity, **Sriveda Sattva Private Limited**, ensuring global reach without the overhead of independent international marketing. * **Arm’s Length Manufacturing:** Source Natural manufactures products sold to the parent company at **arm’s length prices** for global distribution. * **Brand Licensing:** The **"Hyenr"** trademark is utilized for energy operations in exchange for a **1% royalty on turnover** and a **₹5 crore refundable security deposit**. * **Marketing Mechanism:** Focuses on a **"Pull Mechanism"** driven by brand reputation. Distribution targets **National Chains, Local Chains, and Standalone Stores**, supplemented by an aggressive **e-commerce** strategy. --- ### Risk Profile & Mitigation Matrix Management utilizes an integrated **Risk Management System** to address the evolving landscape of the AYUSH and Energy sectors. | Risk Category | Description | Mitigation Strategy | | :--- | :--- | :--- | | **Regulatory** | Increasing global standards for **Quality, Safety, and Standardization**. | Strict adherence to **GMP** and **FSSAI**; leadership roles in **Ayushexcil** and **FICCI**. | | **Market Integrity** | Threat of **Counterfeit Products** in the wellness sector. | Leveraging the established **Sri Sri Tattva** brand equity and secure supply chains. | | **Operational** | Skilled labor shortages and climate change impacts. | Strategic focus on **automation** and **technology absorption** to reduce manual dependency. | | **Litigation** | Pending legal matters. | Currently, no litigations are expected to have a **material financial impact**. | | **Contractual** | Potential for foreseeable losses. | No long-term contracts currently require provisions for **Material Foreseeable Losses**. | --- ### Future Growth Pipeline The company has a robust project pipeline aimed at scaling its green energy footprint: * **Solar Expansion:** **2 MW** grid-connected project in Odisha (**PM-KUSUM**); **2.25 MW** in Karnataka; and a **30 MW** project in Andhra Pradesh (advanced discussion). * **Water Management:** **4 new orders** currently under execution for the **BIO-Green STP** model, targeting **Zero Liquid Discharge (ZLD)** and **Jal Jeevan Mission** opportunities. * **Digital Transformation:** Capitalizing on shifting consumer behavior through enhanced digital marketing and direct-to-consumer platforms.