Login
Products
Login
Home
Alerts
Search
Watchlist
Products

Sarveshwar Foods Ltd

SARVESHWAR
NSE
4.05
1.76%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
Alert
Watchlist
Note

Sarveshwar Foods Ltd

SARVESHWAR
NSE
4.05
1.76%
29 Apr '26, 4:00 PM
Company Overview
Add Alert
Add to Watchlist
Edit Note
6M
Price
Charts
Documents

Quick Ratios

Edit Ratios
Mkt Cap
Market Capitalization
499Cr
Close
Close Price
4.05
Industry
Industry
Food - Processing - Rice
PE
Price To Earnings
13.06
PS
Price To Sales
0.38
Revenue
Revenue
1,313Cr
Rev Gr TTM
Revenue Growth TTM
26.98%
PAT Gr TTM
PAT Growth TTM
47.28%
Peer Comparison
How does SARVESHWAR stack up?
Compare up to 10 companies side by side across valuation, profitability, and growth.
SARVESHWAR
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
130188205229247233271282350301335327
Growth YoY
Revenue Growth YoY%
-35.9-4.915.224.790.524.232.223.041.429.323.415.8
Expenses
ExpensesCr
119177191213233221250261333285317310
Operating Profit
Operating ProfitCr
111114161412212117171717
OPM
OPM%
8.75.96.97.25.75.17.77.44.85.65.25.2
Other Income
Other IncomeCr
122121113012
Interest Expense
Interest ExpenseCr
8891011811128876
Depreciation
DepreciationCr
200000000000
PBT
PBTCr
3467541191291112
Tax
TaxCr
111211323233
PAT
PATCr
235543879789
Growth YoY
PAT Growth YoY%
82.83.6229.3186.6128.76.568.443.6108.0127.21.030.2
NPM
NPM%
1.41.62.42.11.71.33.02.52.52.32.52.8
EPS
EPS
0.10.00.10.10.00.00.10.10.10.10.10.1

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
4184815664885156056898701,1361,313
Growth
Revenue Growth%
15.117.8-13.95.517.514.026.130.715.5
Expenses
ExpensesCr
3814395314634945776578141,0641,245
Operating Profit
Operating ProfitCr
37423625202732567268
OPM
OPM%
8.98.76.35.03.94.54.76.46.35.2
Other Income
Other IncomeCr
2144238756
Interest Expense
Interest ExpenseCr
19181420132027394029
Depreciation
DepreciationCr
3322223111
PBT
PBTCr
18222378911233644
Tax
TaxCr
55513235911
PAT
PATCr
1317186568172733
Growth
PAT Growth%
29.09.7-68.5-8.017.827.7119.255.522.6
NPM
NPM%
3.13.43.21.21.01.01.12.02.42.5
EPS
EPS
7.10.20.20.10.10.00.00.20.30.3

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
182525252525299898123
Reserves
ReservesCr
3090107112113116163133160340
Current Liabilities
Current LiabilitiesCr
249295275268280299312507588656
Non Current Liabilities
Non Current LiabilitiesCr
611140524531138
Total Liabilities
Total LiabilitiesCr
3254334304294805145717919061,127
Current Assets
Current AssetsCr
2914094074064554935537748901,111
Non Current Assets
Non Current AssetsCr
34242323252118171716
Total Assets
Total AssetsCr
3254334304294805145717919061,127

Cash Flow

Consolidated
Standalone
Financial YearMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
22-15-3411-3522-25-915
Investing Cash Flow
Investing Cash FlowCr
-9-1-1-32-3-1716-4
Financing Cash Flow
Financing Cash FlowCr
-153219-831-1941-6-10
Net Cash Flow
Net Cash FlowCr
-116-161-10001
Free Cash Flow
Free Cash FlowCr
22-15-3510-3522-25-1013
CFO To PAT
CFO To PAT%
175.5-88.0-185.7196.3-656.2361.2-316.6-53.054.6
CFO To EBITDA
CFO To EBITDA%
60.7-35.0-94.045.7-172.282.1-77.2-16.520.5

Ratios

Consolidated
Standalone
Financial YearMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
0145892555105189923621
Price To Earnings
Price To Earnings
0.08.84.94.410.431.324.255.522.6
Price To Sales
Price To Sales
0.00.30.20.10.10.20.31.10.6
Price To Book
Price To Book
0.01.30.70.20.40.81.04.02.4
EV To EBITDA
EV To EBITDA
4.87.48.810.116.013.614.721.912.8
Profitability Ratios
Profitability Ratios
GPM
GPM%
14.513.211.010.311.19.59.29.410.9
OPM
OPM%
8.98.76.35.03.94.54.76.46.3
NPM
NPM%
3.13.43.21.21.01.01.12.02.4
ROCE
ROCE%
16.013.710.47.45.17.07.911.713.6
ROE
ROE%
26.714.413.84.23.84.44.17.510.5
ROA
ROA%
3.93.84.21.31.11.21.42.23.0
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Sarveshwar Foods Limited (SFL) is a leading vertically integrated agri-food company headquartered in Jammu & Kashmir, with over **135 years of heritage** in rice cultivation and processing. Established in 1890 and incorporated in 2004, the company is the **first private food company from Jammu & Kashmir to be listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)** under the symbol *SARVESHWAR* (Scrip Code: 543688). SFL operates across the entire value chain—from farm to fork—with a strong focus on **premium basmati and non-basmati rice, branded FMCG staples, and certified organic food products** marketed under two key brands: **Sarveshwar** and **Nimbark**. --- ### **Core Business & Product Portfolio** SFL is engaged in the **manufacturing, trading, processing, and marketing of branded and unbranded basmati and non-basmati rice** for domestic and international markets. The company is particularly renowned for its **aromatic, high-elongation Basmati rice**, a global favorite known for its texture, aroma, and flavor. #### **Key Brands:** 1. **Sarveshwar** - Targets mass-premium segments with rice, wheat flour, pulses, spices, and dry fruits. - Sold under variants like *Sarveshwar Ultra XL*, *Sarveshwar Unique*, and *Sarveshwar Select*. - Registered trademarks in India, the USA, Canada, and the EU. 2. **Nimbark** - The company’s **flagship organic brand**, rooted in the **'Satvik' lifestyle philosophy** emphasizing purity, wellness, and sustainability. - Offers a full range of **certified organic products** including: - Organic Basmati & non-Basmati rice - Pulses, flours, dry fruits, nuts, edible oils - Millets, superfoods (chia seeds, flaxseeds, quinoa) - Saffron, herbal teas, porridge, spice mixes, and value-added products like **Turmeric Rice, Black Rice, Spice Mix Rice, and Khichadi Rice**. --- ### **Production & Sourcing** - **Organic Cultivation:** Nimbark products are grown in the **fertile foothills of the Himalayas**, using **mineral-rich soil, organic manure, and chemical-free snowmelt water from the Chenab River**. No synthetic fertilizers or pesticides are used. - **Farm-to-Fork Model:** - Direct sourcing from **over 17,000 farmers** across J&K, Punjab, Haryana, and Uttar Pradesh. - Manages **over 30,000 acres of certified organic farmland**. - Backward integration via **Sarveshwar Facilitation Centres (SFCs)** and **Farmers Facilitation Centres (FFCs)** to provide training, inputs, and buyback assurance. - **New Crop Diversification:** The company has expanded into **turmeric, garlic, ginger, and millets** to leverage growing demand for health-focused, functional food. --- ### **Operations & Infrastructure** - **Processing Facilities:** - Two **USFDA-approved rice milling plants** in the **Jammu region (J&K)** and **Gandhidham (Gujarat)**. - Equipped with advanced technology from **Bühler (Germany), Carter Day (USA), and Sortex (UK)**. - Combined processing & packaging capacity of **over 350 metric tons per day (MTPD)**. - Fully automated, hygienic, with **inert gas flushing** and zero human contact. - **Warehousing & Logistics:** - **300,000+ sq. ft. of warehousing space** across four facilities (Delhi, Jammu, Gandhidham, Samba). - Centralized storage in Jammu with third-party logistics for nationwide distribution. --- ### **Global Presence & Exports** - **Export Markets:** Over **25 countries** across **North America, Europe, the Middle East, Southeast Asia, and Africa**. Key markets: **USA, UK, UAE, Saudi Arabia, Canada, Germany, Australia, Singapore, Nepal, Mauritius, and Iraq**. - **Export Contracts:** - Secured multiple export orders in 2025 totaling **over ₹1,226 million**, including: - ₹266 million from **Agri Services & Trade LLC (USA)** - ₹329 million from **Monarda Commodities Pte. Ltd. (Singapore)** - ₹50 crore via **NAFED** for African markets - **Subsidiary Network:** - **Green Point Pte. Ltd.** (Singapore) handles global exports and is projected to generate **₹2,000 million in FY25**. - Plans to acquire **Natural Global Foods DMCC (UAE)** to strengthen Middle East distribution. - **US Market Access:** Products are in the **USDA/FDA “green channel”** and already sold in **Costco**, with expansion plans into **Walmart and Whole Foods**. --- ### **Distribution & Sales Channels** Sarveshwar Foods employs a **three-channel strategy** to maximize consumer reach: 1. **Conventional Trade:** - Over **75 distributors** and **45,000+ retail outlets** across India. - Presence in **modern trade** (supermarkets), **HORECA** (hotels, restaurants, caterers), and **institutional buyers** (Shri Mata Vaishno Devi Shrine Board). 2. **Owned Retail Outlets:** - Operates **Nimbark Organic Stores** (focused on organic, health-conscious consumers) and **Sarveshwar Food Stores**. - Current footprint includes **Chandigarh, Jammu, Srinagar, Delhi NCR, and Lucknow**. - Plans to double store count from **14 to 28** in 2025 and open **flagship stores in Mumbai, Bangalore, and Delhi**. 3. **E-Commerce:** - Direct-to-consumer via **www.nimbarkfoods.com**. - Available on **Amazon, Flipkart, BigBasket, JioMart, Blinkit, and ONDC**. - E-commerce contributes to a growing, albeit still small, share of total revenue. --- ### **Strategic Growth Initiatives** #### **1. Product Innovation & Diversification** - Launched **health-centric, quick-meal rice products** like Vegetable Rice, Spice Mix Rice, and Herb Rice (launched Sep 2024–2025). - New **functional and fortified food lines** under Nimbark to target rising health awareness. #### **2. International Expansion** - Establishing **regional hubs** in the **Middle East and Europe**. - Exploring **new subsidiaries in the USA and Europe** to reduce export dependency on intermediaries. #### **3. Technology & Sustainability Partnerships** - Signed an **MoU with a German technology firm** to adopt: - **CO₂-based rice preservation** (chemical-free storage) - **Reusable cocoons** to reduce contamination - **Smoke generator tech** for premium-flavored rice targeting international tastes. - Investing in **blockchain traceability, AI, and smart farming** through digital platforms and the **Farmer App**. #### **4. Financial & Capital Plans** - Planning **QIP, preferential, or rights issue** to: - Expand FMCG and organic portfolios - Reduce debt & strengthen working capital - Fund new production units and retail expansion - Pursue **strategic acquisitions** --- ### **Certifications & Quality Standards** SFL holds a robust portfolio of **global certifications**, ensuring market access and consumer trust: - **ISO 22000:2018**, **USFDA**, **BRC**, **Kosher**, **HACCP**, **GFSI** - **USDA Organic (NOP)**, **EU Organic**, **APEDA**, **NPPO (USA & China)** - **Geographical Indication (GI) Tag** for **J&K Basmati**, granting premium pricing and authenticity. --- ### **Sustainability & ESG Vision** - **Carbon-neutral goal by 2030** and **80% recyclable/biodegradable packaging by 2025**. - Partnerships with **Boomitra** for **regenerative agriculture** and soil health. - Farmer welfare via **SFL Choupals**, **SFCs/FFCs**, and **NBFC-backed financial support**.