Hindustan Foods
499.05
-9.60(-1.89%)
Market Cap₹5,962.74 Cr
PE Ratio45.33
IndustryFMCG
Company Performance:
1D-1.89%
1M+2.43%
6M-5.47%
1Y-9.29%
5Y+24.91%
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More news about Hindustan Foods
16Jan 26
Hindustan Foods Limited Announces Statutory Auditor's Conversion to LLP Structure
Hindustan Foods Limited has announced the conversion of its statutory auditor M S K A & Associates to M S K A & Associates LLP, effective January 13, 2026, under the Limited Liability Partnership Act, 2008. The firm now operates with ICAI Registration No. 105047W/W101187, and the company has confirmed that this structural change does not affect the existing audit engagement or the firm's continued role as statutory auditors.
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24Dec 25
Hindustan Foods Receives ₹62.72 Lakh Tax Demand Order from Tamil Nadu Commercial Taxes Department
Hindustan Foods Limited has received a tax demand order of ₹62.72 lakh from the Commercial Taxes Department in Tindivanam, Tamil Nadu. The order alleges excess Input Tax Credit claims for FY 2021-22. The demand includes ₹35.52 lakh in tax, ₹23.45 lakh in interest, and ₹3.75 lakh in penalties. The company plans to contest the order and states there is no material impact on its financials or operations.
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11Nov 25
Hindustan Foods' Subsidiary Acquires Ice-Cream Cone Manufacturing Facilities for ₹26.25 Crore
Hindustan Foods Limited's subsidiary, HFL Consumer Products Private Limited, is set to acquire two ice-cream cone manufacturing facilities in Nashik, Maharashtra, through a slump sale transaction valued at ₹26.25 crore. The acquisition includes facilities for ice-cream cone manufacturing, sleeve printing, and packaging. This move aligns with the company's strategy to expand into contract manufacturing and diversify its product portfolio. The transaction is expected to be completed by the third quarter of the fiscal year, subject to customary approvals and conditions.
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24Oct 25
Hindustan Foods Limited Secures 'IND A+' Rating from India Ratings
India Ratings and Research has reaffirmed and assigned an 'IND A+' issuer rating to Hindustan Foods Limited for its bank loan facilities. The rating, which comes with a stable outlook, indicates low default risk and strong financial stability. The company received 'IND A+/Stable/IND A1+' ratings for its bank loan facilities. This rating could positively impact investor confidence, lending terms, and business partnerships. Hindustan Foods Limited has promptly disclosed this information to the BSE Limited and the National Stock Exchange of India Limited in compliance with SEBI regulations.
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15Oct 25
Hindustan Foods Approves ₹30 Crore Investment for Ice-Cream Cone and Sleeve Printing Business Acquisition
Hindustan Foods Limited's board has approved a ₹30 crore investment through its wholly owned subsidiary to acquire ice-cream cone and sleeve printing businesses. The acquisition is not yet finalized and requires further discussions. This strategic move could lead to vertical integration, market expansion, and value addition for the company in the food processing and packaging sectors.
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15Oct 25
Hindustan Foods Limited Holds Shareholder Meeting for Scheme of Arrangement Approval
Hindustan Foods Limited conducted a shareholder meeting on October 15, 2025, via video conferencing to vote on a Scheme of Arrangement involving Avalon Cosmetics Private Limited and Vanity Case India Private Limited. The meeting saw participation from 50 shareholders, with 8 corporate representations accounting for 44.95% of the capital. A remote e-voting system was implemented, and results are expected within two working days. The outcome could significantly impact the company's future operations and market position.
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05Sept 25
Hindustan Foods' Subsidiary Acquires Footwear Manufacturing Facilities for ₹76.92 Crores
Hindustan Foods' subsidiary, KNS Shoetech, has signed a Business Transfer Agreement to acquire shoe manufacturing facilities from SSIPL Retail for ₹76.92 crores. The deal includes facilities in Himachal Pradesh and Haryana, aligning with Hindustan Foods' strategy to enter contract manufacturing in the footwear sector. The transaction, structured as a slump sale, is expected to complete by Q1 FY2024-25, subject to approvals.
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01Sept 25
Hindustan Zinc Shares Surge 5% as Silver Prices Hit Record Highs
Hindustan Zinc shares climbed up to 5%, breaking a three-day losing streak, as global silver prices reached unprecedented levels. Silver has gained over 35% in the past year, with prices currently around $40.00 per ounce. Hindustan Zinc, India's only listed silver play, closed 3.90% higher at ₹435.80 with increased trading volumes. The company faces challenges with recent production declines but expects recovery to 700 tonnes and anticipates silver prices to reach $41.00-$42.00 per ounce in coming years. Vedanta holds a 61.84% stake in Hindustan Zinc, while the government maintains over 25% ownership.
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21Aug 25
Hindustan Foods Enters Waste Management Sector with ₹5 Crore Stake in Asar Green Kabadi
Hindustan Foods Limited (HFL) has acquired a 25.07% stake in Asar Green Kabadi Private Limited for ₹5 crore, marking its entry into the waste management and recycling industry. The acquisition involves 24,643 Series B Compulsorily Convertible Preference Shares (CCPS) of Asar Green Kabadi. The deal structure includes ₹4 crore in cash and ₹1 crore adjusted against an outstanding loan. Asar Green Kabadi, incorporated in 2014, specializes in waste management and circular economy services, with a turnover of ₹1,284.02 lakhs in FY 2023-24. The acquisition is expected to be completed by Q2 FY 2025-26, subject to conditions in the Share Subscription Agreement.
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18Aug 25
Hindustan Foods Reports Record Quarterly Profit with 17% PAT Growth
Hindustan Foods Limited achieved its highest ever quarterly profit in Q1, with total income rising 15% YoY to ₹998.00 crores and PAT increasing 17% to ₹32.00 crores. EBITDA grew 10% to ₹84.00 crores. The company saw record production across beverage, OTC pharma, and home care units. Its Lucknow ice cream facility reached full capacity, while a new Nashik plant started production. The footwear segment posted its highest monthly sales in June. Hindustan Foods is investing ₹200.00 crores in North Ice Cream facility expansion and ₹50.00 crores for shoe business growth, targeting a ₹2,000.00 crore gross block. Despite challenges from unseasonal rains affecting seasonal categories, the company remains optimistic about achieving its targets.
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19May 25
Hindustan Foods: Q4 Net Profit Surges 34%, Revenue Up 28%
Hindustan Foods Limited announced impressive Q4 results with a 33.90% increase in consolidated net profit to ₹30.80 crore. Revenue rose by 27.70% to ₹933.00 crore. The company's shoe business achieved operational profitability for the first time. Hindustan Foods also approved acquiring a minority stake in The Kabadiwala, a plastic scrap recycling firm.
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05May 25
Hindustan Foods Expands Ice Cream Production with New Nashik Facility
Hindustan Foods Limited has commenced operations of Phase 1 of its new ice cream manufacturing facility in Nashik, Maharashtra. This strategic expansion is expected to significantly boost the company's ice cream production capabilities, potentially opening up new market opportunities and partnerships. The phased approach allows for gradual scaling of operations to align with market demand.
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02May 25
Hindustan Foods Launches New Ice Cream Facility in Nashik, Eyes Growing Market
Hindustan Foods Limited (HFL) has commenced operations for Phase 1 of its new ice cream manufacturing facility in Nashik. The facility is part of HFL's expansion strategy in the ice cream segment, targeting the ₹30,000 crore Indian ice cream market growing at over 15% annually. HFL is implementing strategic initiatives including a diverse brand portfolio, backward integration, and product range expansion. The company aims to capitalize on market growth driven by urbanization, rising incomes, and evolving consumer preferences.
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03Mar 25
Hindustan Foods Receives Green Light from NSE for Corporate Restructuring
Hindustan Foods Limited (HFL) has received a 'No Adverse Observations' letter from the National Stock Exchange (NSE) for its proposed corporate restructuring scheme. The plan involves Avalon Cosmetics Private Limited, Vanity Case India Private Limited, and HFL. Key conditions include disclosure of proceedings, shareholder approval via e-voting, public shareholder support, recent financial information, and compliance with SEBI regulations. The company must file the scheme with NCLT within six months and obtain further approvals from shareholders, creditors, and regulatory bodies.
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Hindustan Foods
499.05
-9.60
(-1.89%)
1 Year Returns:-9.29%
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Hindustan Foods
499.05
(-1.89%)