Farm Peace Ltd
We are an integrated contract farming company specializing in processed-grade potato varieties like Santana, Frysona, Innovators, Lady Rosetta, and Chipsona, supplying processing companies for manufacturing French fries, chips, and other potato-based products. We offer comprehensive support to farmers, including seed selection, soil preparation, irrigation, pest management, and harvesting guidance. By aligning with regional agro-climatic conditions, we help farmers adopt suitable varieties, boosting productivity and reducing post-harvest losses. Our buy-back arrangements and technical consultancy ensure a stable supply chain, improving farmer income and strengthening the processed potato value chain. Our story began in October 2021 with a simple idea: to build a farming model that reduces uncertainty for farmers while ensuring consistent, quality raw material for processors. From the start, we chose to focus on processing-grade potato varieties which in turn are the key ingredients for frozen products like French fries, potato chips, and other value-added products.
Timeline
Subscription
Reports
Offer Details
Terms
Application Sizes
Managers & Registrar
Ownership & Proceeds
Shareholding
Objects of the Issue
- Funding the incremental working capital requirements
- General corporate purposes
Anchor Book
Financials
Profit & Loss
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| RevenueCr | 26 | 63 | 79 | 91 |
| Operating ProfitCr | 1 | 9 | 9 | 12 |
| OPM% | 1.9 | 14.8 | 11.7 | 13.7 |
| PBTCr | 0 | 9 | 10 | 11 |
| PATCr | 0 | 6 | 7 | 8 |
| EPS | 0 | 6 | 5 | 5 |
Balance Sheet
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity CapitalCr | 3 | 3 | 4 | 15 |
| ReservesCr | 0 | 7 | 32 | 28 |
| BorrowingsCr | 2 | 7 | 2 | 11 |
| Total AssetsCr | 17 | 32 | 69 | 100 |
Cash Flow
| Financial Year | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Operating Cash FlowCr | -3 | -2 | -18 | -7 |
| Investing Cash FlowCr | 0 | -4 | 2 | 0 |
| Financing Cash FlowCr | 3 | 5 | 15 | 7 |
| Net Cash FlowCr | 0 | 0 | 0 | 0 |
Strengths & Risks
- Contract Farming Model with 100% Buy-Back Assurance.
- Agro-Climatic Advantage of Gujarat for Processing-Grade Potato Cultivation.
- Strong and Expanding Farmer Network and Building long lasting relationship.
- End-to-End Farming Support covering planning to post-harvest.
- Experienced Promoters and Management Team.
- Innovation and Market Expansion.
- Farmer Support Initiative.
- Intra-Potatoes Diversification.
- Strengthening Supply Chain.
- The Company does not enter into formal contracts with farmers and operates through verbal arrangements. Absence of formal contracts with farmers and reliance on informal arrangements may result in non-performance, disputes, or supply shortfalls, which could affect its business, financial condition, and results of operations.
- Dependence on seasonal and climatic conditions for processed-grade potato cultivation may expose it to risks of reduced yield, which could affect the company's operations, financial performance, and results of business.
- Concentration of the company's operations in Gujarat exposes it to regional risks, and any loss of business in this region could adversely affect its business, results of operations, and financial condition.
- Any significant dependence on third-party suppliers for seeds may expose it to risks relating to availability, quality, and timely supply of inputs, and any disruption could adversely affect the company's operations, financial condition, and results of business.
- The company's dependence on frozen potato manufacturers and snack producers for the sale of processed-grade potatoes may expose it to risks arising from limited market coverage and reliance on a few buyers, and any disruption in such relationships could adversely affect its financial condition, business. and results of operations.
- Exposure to price fluctuations in seed procurement and processed-grade potato sales may adversely affect the company's cost structure, margins, financial performance, and overall results of operations.