ADF FOODS LTD-$

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BSE Code: 519183       NSE Code: ADFFOODS

Business Profile
Business Profile
American Dry Fruits Ltd (ADFL), promoted by Hariram Mewawala, Ramesh Thakkar and Kishore Thakkar, was incorporated as American Dry Fruit Private Limited on August 27, 1990. On September 14, 1991, it was converted into a public limited company, and a fresh certificate of incorporation was issued on October 11, 1991 under the name, ADFL. It is mainly into the manufacturing and export of processed and preserved food products like dryfruits, pickles, and jams, and sells these under the brand names, �Ashoka� and �Mother�s Recipe�. It sells pickles and tamarind through its premium brand �Camel� in the Middle East countries and a popular segment brand �Aeroplane�. It sells chutney and tamarind in the United Kingdom under the brand name �Aeroplane�. It has an installed capacity of 22,900 tpa for canned and bottled processed vegetables/foods/fruits. ADFL completed the expansion and modernisation of its existing plant at Nadiad (Gujarat) in FY96, thus increasing capacity from 12,600 tpa to 19,900 tpa. A new project for manufacturing spices and masalas was also commissioned in FY96 in Nashik.

Recent Developments
ADFL has changed its corporate identity from American Dry Fruits to ADF Foods Ltd, wherein ADF would continue to stand as American Dry Fruits. The name was changed to highlight the fact that it is an Indian company in spite of its name, and also because the old name did not reflect the business that the company was involved in. It introduced the brand �Mother�s Recipe� in Saudi Arabia in FY98. ADFL carried on a major restructuring of its distribution network in the domestic markets in FY98 to improve its market share within the priority markets, and has opened up a few new markets in FY99.

Future Plans
ADFL is in the process of launching an extension of its existing premium brand in the U.K. market, called �Classic Ashoka�, which covers authentic regional pickles, chutneys and ready meals.
Other Information
Annual Reports for ADF FOODS LTD-$
Annual Report YearDownload Annual ReportDownload Report Preview
2022-23
2021-22
2020-21
2019-20
2018-19
2017-18
2016-17
2015-16
2014-15
2013-14
2012-13
2011-12
2010-11
2009-10
2008-09
2006-07
2005-06
2004-05
2003-04
2002-03
2001-02
2000-01
1999-00
1998-99
1997-98
1996-97

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