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* - Tentative Dates
They intend to utilize the Right Issue proceeds for the following objects:
Nhc Foods Ltd's revenue increased by 28.75% and profit after tax (PAT) rose by 33.65% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 97.37 | 69.50 | 64.44 |
| Revenue | 211.30 | 164.11 | 154.06 |
| Profit After Tax | 2.35 | 1.76 | 1.47 |
| Reserves and Surplus | 15.92 | 13.63 | 11.75 |
| Amount in ₹ Crore | |||
NHC Foods is engaged in trading diversified food products, including Spices, Food Grains, Oil Seeds, Pulses, Dry fruits, and other agro-commodities.
It sells products domestically as well as in foreign countries. It is a Government Recognized export house and awarded as Three Star Export House. The company serves 30+ countries and majority of revenues generated from exports. For the period ended March 31, 2024, it derived 83% revenues from operations through exports.
The company is certified with ISO 22000:2005, Good Manufacturing Practice (GMP), Hazard Analysis Critical Control Point (HACCP), Good Hygiene Practice (GHP), Spice Board of India, U.S. Food & Drug Administration (FDA), Agricultural and Processed Food Products Export Development Authority (APEDA), and others.
It has a production facility in the Village Umarsadi, Taluka Pardi, Valsad, Killa Pardi, Gujarat for manufacturin turmeric powder, chili powder, and coriander powder.
