Agro Tech Foods Ltd - Company Profile
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Agro Tech Foods Ltd (Agro Tech), a subsidiary of ConAgra Brands, Inc., manufactures and markets food products and edible oils. The company’s product portfolio comprises spreads, cereals, chocolates, edible oils, sprays, popcorn, peanut butter, nachos, and snacks. It also offers several varieties of vegetable oils containing different proportion of Vitamins A, D, E, and Omega 3 and Omega 6 fatty acids. The company markets its products under Sundrop, DIET POP CORN, and Act II brand names. It has business presence in Bangladesh, Sri Lanka, and India. Agro Tech is headquartered in Gurugaon, Haryana, India.
Headquarters
India
Address
Tower C,15th Floor, Building No.10, Dlf Phase -Ii, Dlf Cyber City, Gurgaon, Haryana, 122002
Website
www.atfoods.com
Telephone
91 124 4593700
No of Employees
565
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
ATFL (NSE)
Revenue (2022)
$108.3M
-7.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-41.7%
(2022 vs 2021)
Market Cap*
$213.5M
Net Profit Margin (2022)
XYZ
-37.2%
(2022 vs 2021)
* As of and is in US$
Agro Tech Foods Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Spreads | ACT II |
| Snacks | Sundrop Duo |
| Edible Oils and Sprays | DIET POP CORN |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In March, the company received a takeover offer from Samara and Convergent Finance for a 51.8% stake in the company. |
| 2024 | Others | In February, the company's stake held by Conagra was announced to be sold. |
| 2022 | New Products/Services | In January, the company launched Sundrop Duo. |
Competitor Comparison
| Key Parameters | Agro Tech Foods Ltd | Patanjali Foods Ltd | Vijay Solvex Ltd | JVL Agro Industries Ltd | Raj Oil Mills Limited |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Gurgaon | Indore | Alwar | Varanasi | Mumbai |
| State/Province | Haryana | Madhya Pradesh | Rajasthan | Uttar Pradesh | Maharashtra |
| No. of Employees | 565 | 5,293 | 127 | - | 295 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Asheesh Kumar Sharma | Managing Director; Director; Chief Executive Officer | Executive Board | 2024 | - |
| KPN Srinivas | Chief Financial Officer | Senior Management | 2009 | 42 |
| James Patrick Kinnerk | Chairman | Non Executive Board | 2020 | - |
| Jyoti Chawla | Compliance Officer; Secretary | Senior Management | 2017 | - |
| Nallapa Reddy Arveti | Senior Manager-Information System Administration | Senior Management | 2011 | 44 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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