Annapurna Swadisht Ltd has announced a strategic acquisition to expand its presence in the soya-based food products market. The packaged food manufacturer will acquire a majority stake in West Bengal-based Andri Agro Foods Pvt Ltd, marking another significant step in its inorganic growth strategy.

Acquisition Details

The company has entered into an agreement to acquire 75% of the equity share capital in Andri Agro Foods Pvt Ltd (AAFPL) for a total enterprise value of ₹15.00 crore. Post-acquisition, AAFPL will become a subsidiary of Annapurna Swadisht Ltd (ASL).

Strategic Rationale and Market Entry

The acquisition is designed to strengthen ASL's product portfolio and facilitate entry into the soya-based food products market both in India and overseas. AAFPL manufactures a range of products, including soya chunks and textured vegetable protein (TVP), which will complement ASL's existing offerings.

"The acquisition of AAFPL will enable us to establish our presence in the soya-based product markets both in India and overseas. Besides, it will enable us to enter the groceries segment through bulk and premium namkeen products," said Shreeram Bagla, CMD of Annapurna Swadisht.

Manufacturing Capabilities and Brand Portfolio

AFPL operates a manufacturing unit at Raniganj in West Bengal with substantial production capacity. The company markets its products under the 'So Best' brand and also provides manufacturing services to established players in the food industry.

Financial Projections and Growth Strategy

The combined entity is targeting significant revenue growth through enhanced market presence and capacity utilization. ASL and AAFPL are projecting a combined turnover of ₹50.00-60.00 crore at approximately 60% capacity utilization of the acquired unit.

The deal is expected to open export opportunities for the company's existing portfolio alongside namkeen products, which management believes will significantly boost both topline and bottomline performance. ASL had previously reported consolidated revenues of ₹249.90 crore in the first half of the 2026 fiscal year.

Continued Expansion Through Acquisitions

This acquisition represents the second major inorganic growth initiative for ASL following its acquisition of Madhur Confectioners Pvt Ltd in FY'25. The previous acquisition helped the firm expand into international markets, including the UAE, Europe, and Africa, establishing a foundation for global operations.

The strategic acquisitions demonstrate ASL's commitment to diversifying its product portfolio and expanding its geographical reach through targeted investments in complementary businesses with established manufacturing capabilities and market presence.

Annapurna Swadisht , a prominent player in the food industry, has reported a significant increase in its financial performance for the second quarter. The company's consolidated results show impressive growth in both revenue and net profit, indicating a strong market position and effective business strategies.

Financial Highlights

Key Takeaways

• Profit Growth: Annapurna Swadisht's net profit saw a substantial increase of 23.20%, rising from ₹125.00 million in the previous year's Q2 to ₹154.00 million in the current quarter.

• Revenue Expansion: The company's revenue showed impressive growth, increasing by 25.00% year-over-year. Revenue for the quarter reached ₹2.50 billion, up from ₹2.00 billion in the same period last year.

• Market Performance: The significant growth in both revenue and profit suggests that Annapurna Swadisht is successfully expanding its market presence and improving its operational efficiency.

Industry Implications

The strong performance of Annapurna Swadisht may indicate positive trends in the broader food industry. As consumer demand for quality food products continues to grow, companies that can meet this demand while maintaining operational efficiency are likely to see similar success.

The company's ability to increase its revenue by 25.00% while growing its profit by 23.20% demonstrates a balanced approach to growth and profitability. This performance could potentially attract investor interest and strengthen the company's position in the competitive food sector.

As the market continues to evolve, it will be interesting to observe how Annapurna Swadisht maintains this growth trajectory and responds to changing consumer preferences and market dynamics in the coming quarters.