Research
Business context
Agri-processing and packaged foods. What they earn, who they sell to, who they buy from, and how much operation there is.
₹1,150 Cr of revenue in FY25, up 18% on the year before, with EBITDA at 9.0% against a sector that runs 11 to 13%. Two points of margin is about ₹23 Cr, which is more than every finding on the list added together. None of this is a finding in itself. It is the base every price on every other screen is a percentage of, which is what makes those prices challengeable in the right way rather than dismissible. 17 facts in 4 groups, each carrying what it should be measured against and whether the number is theirs or ours.