Hindustan Foods Ltd
Hindustan Foods Ltd (HNDFDS)

Hindustan Foods Ltd (HNDFDS)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return9.68 %
3 Month Return36.69 %
1 Year Return18.05 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 56
Rank 43
Rank 55
Dividend Yield
Rank 35
Rank 33
Price To Book Ratio
Rank 56
Debt To Asset
Rank 33

Company Information

Incorporated in Dec.84 as a public limited company Hindustan Foods HFL is promoted by the Marmagoa Shipping and Stevedoring Company Pvt Ltd MSSC. The company manufactures nutritional foods cereal foods and products based on soya bean. It came out with a public issue in Nov.87 to set up a foodprocessing unit at Ponda Goa with a capacity of 5000 tpa. Commercial production commenced in Jan.88 and the products were launched all over India only in Dec.88 under the Bonny Mix brand name. Glaxo which had participated in the equity of the company apart from providing technical and marketing assistance to the company withdrew their participation in 199293. The company was marketing its products under the brand name Bonny Mix acquired from Glaxo. Due to the withdrawal of Glaxo the company had a substantial fall in the sales volume consequent to which it started making losses. It had to close its operations from Dec.92 which was resumed in Dec.93. In 199495 HFL introduced two products Bonny Meal Rice and Bonny Meal Fruit.The companys products were not wellaccepted by the consumers. The weak marketing at the retail level further aggrevated the situation and the consumer offtake was very poor. All these prompted the company to discontinue the production again in Jul.95. Reference was made to the BIFR which has replied that the company has not yet come under its purview.After the suspension of production since July95 the company has resumed production from October97. It has been producing the Farex cereal based weaning foods for Heninz India Private Limited which is marketed throughout India.
OrganisationHindustan Foods Ltd