ADF Foods Ltd



Key Stats

Day's Price Range
52-Week Price Range
1 Month Return3.22 %
3 Month Return1.84 %
1 Year Return-21.92 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 44
Rank 15
Rank 15
Dividend Yield
Rank 31
Rank 47
Price To Book Ratio
Rank 42
Debt To Asset
Rank 92

Company Information

Incorporated on August 271990 American Dry Fruits Limited went public in Oct.91. The company was promoted by Hariram Mewawala Ramesh Thakkar and Kishore Thakkar. Mewawala has over 60 years of business experience and was instrumental in setting up American Dry Fruits Stores a governmentrecognised export house.The company operates in the agrobased industry manufacturing and processing a wide range of canned bottled and processed vegetables fruits and foods for the export and domestic markets cap. : 12600 tpa.Within the country the company markets pickles and masalas under the brand name Mothers Recipe. The export performance of the company in the ethnic Indian food line is a major contributor to its turnover. It markets its products through American Dry Fruit Stores under the Camel Aeroplane and Ashoka brands. ADFS has established marketing and sales network over two decades in the US UK Germany west Asia Singapore east Asia and Australia.In 199596 the company successfully completed the expansion and modernisation of its existing facilites at Nadiad Gujarat and Nashik Maharashtra to manufacture spices and masalas. During the year the companys Nadiad factory has been awarded the prestigious ISO 9002 certification by BVQI UK. The company has tied up with a new company in Sep.97 for distribution of its products in the ethnic market as well as for introduction of select products in the mainstream market in UK.During 19992000 the company has launched its MOTHERS RECIPE brand of South Indian Pickles in U.S. which was well received and intends to introduce in U.K. and Canada as well. Another premium brand namely CLASSIC ASHOKA was introduced in U.K. U.S. markets product range covers authentic regional pickles cooking pastes chutneys and ready meals. The company has changed its name to ADF Foods Limited from December 1999. To launch the forzen foods in UK the company has incorporated a subsidiary company in UK in 200203. The company is planning to set up a factory in Gujarat as a part of its expansion plans.
OrganisationADF Foods Ltd