Stay alert, beware of scamsters - know more

NSEBSE
NSEBSE
noteThere is a 15-minute delay in the prices. To check out the live prices, log in to your Ventura account or open one today.
1D
1W
1M
1Y
3Y
5Y
Max
Open10.79
High10.87
Low10.58
Prev. Close10.82
Avg. Traded Price10.71
Volume14,972

MARKET DEPTH

info2
Total bid155732.00
Total ask35637.00
OrdersQtyBid
15010.61
14710.58
234110.53
150010.52
255010.51
AskQtyOrders
10.75130
10.8150
10.811500
10.861231
10.87181

HIGH/LOW

info2
1d
1w
1m
3m
52w

LOW/HIGH

10.032 days ago
10.752 days ago
arrow

LOWER/UPPER CIRCUITS

8.42
12.62
arrow
Himalaya Food International Ltd Stock performance
arrow

KEY OBSERVATIONS

info
positive
negative
neutral
notePrice to Earning Ratio,is 13.26, lower than its sector PE ratio of 28.07.
noteQuarterly Revenue,rose 3.45% YoY to ₹9.95 Cr. Its sector's average revenue growth YoY for the quarter was 11.74%.
noteQuarterly Net profit,rose 1,548.39% YoY to ₹0.77 Cr. Its sector's average net profit growth YoY for the quarter was 7.99%.
View more

LONG-TERM PRICE ANALYSIS

info
Stock return5Y CAGR : 19.02%
Net profit growth 5Y CAGR : %

About Himalaya Food International Ltd.

Himalaya Food International Ltd. was founded in 1992, with its head office located in New Delhi, India. The company specializes in the manufacturing of processed foods, including frozen and canned products such as French fries and frozen appetizers. It operates two primary manufacturing facilities: one in Paonta Sahib, Himachal Pradesh, and another in Mehsana, Gujarat. The company has expanded its reach internationally, with a significant export market in countries beyond India.

Himalaya’s product range includes fresh mushrooms, frozen food items, and French fries, targeting both domestic and global markets. The company has steadily grown, overcoming significant trade barriers, including the U.S. Trump tariffs, and is now diversifying its market base and increasing capacity. Key milestones include the expansion of its French fry production line, expected to be completed by March 2026, and successful financial restructuring, including a rights issue and debt reduction through One-Time Settlement (OTS).

Himalaya Food International Ltd. Business Segments

Himalaya Food International operates primarily in two business segments:

  • Agricultural Division: This segment focuses on the production and sale of fresh mushrooms and other agricultural products.

  • Manufacturing Division: This includes the production of frozen appetizers, French fries, and canned mushrooms.

For FY 2024, the Agricultural Division generated Rs. 1,263 crore in revenue, while the Manufacturing Division contributed Rs. 2,574 crore, with a total revenue of Rs. 4,427 crore. The company’s revenue from domestic sales accounted for a significant portion, though there was an increased focus on international markets, particularly in the United States and other global regions.

Himalaya Food International Ltd. Key Management

The management team includes:

  • Mr. Man Mohan Malik, Chairman & Managing Director

  • Mrs. Sangita Malik, Executive Director

  • Mr. Sanjiv Kumar Kakkar, Executive Director

Changes in the management structure include the resignation of Mr. Siddharth Panwar, Company Secretary & Compliance Officer, in September 2024, and the appointment of Mrs. Komaljeet Kaur in October 2024.

Latest Updates on Himalaya Food International Ltd.

  • Market Strategy: Himalaya has re-entered the Indian market and is focusing on diversifying its international market base to reduce dependence on any single geography.

  • Expansion: A new French fry production line is under construction, expected to increase capacity to 54,000 MT annually by 2026.

  • Financial Restructuring: The company successfully completed a rights issue, contributing towards its debt reduction plan under the OTS.

Legal Matters: Ongoing legal proceedings include the execution of reciprocal awards with Simplot and disputes with New India Assurance Co. regarding fire insurance claims.

personal

Grow your wealth with more research recommendations

+91

Frequently Asked Questions

The company manufactures a wide range of processed foods including French fries, frozen appetizers, and canned mushrooms.

Himalaya operates two plants: one in Paonta Sahib, Himachal Pradesh, and the other in Mehsana, Gujarat.

Himalaya plans to expand its market reach internationally while strengthening its domestic operations and increasing production capacity, particularly in French fries.

+91
Offer Banner Trigger
Offer Banner

Open a FREE Demat Account

+91