NFP Sampoorna Foods Limited is a food processing company primarily engaged in manufacturing and supplying millets-based and rice-based food products. The company earns revenue through B2B and B2C sales, supplying processed food items to institutional buyers, distributors, and retail channels. Its product portfolio includes ready-to-cook and semi-processed food products, catering to health-conscious consumers and bulk buyers across India.

Key Clients and Manufacturing Facilities

The company caters to institutional buyers, wholesalers, and distributors, along with select private-label customers. Its manufacturing facility is located in Telangana, equipped with cleaning, grading, milling, blending, and packaging infrastructure. The facility supports multiple product lines, enabling scalable production, consistent quality control, and compliance with food safety norms, which helps the company meet bulk and customised order requirements efficiently.

Product Portfolio and Order Book Execution

NFP Sampoorna Foods offers millets, rice, flours, and value-added food products positioned at the raw material and semi-processed stage of the client’s product lifecycle. These products act as essential inputs for further processing or retail packaging. The company follows an order-driven execution model, ensuring timely procurement, processing, and dispatch, which reduces inventory risk and improves working capital efficiency.

Mergers, Capex, and Expansion Plans

The company has undertaken restructuring initiatives to streamline operations and improve scale. Proceeds from the IPO are proposed to be used for working capital requirements, capacity enhancement, and general corporate purposes. Planned capital expenditure focuses on upgrading machinery, expanding processing capabilities, and improving operational efficiencies, supporting long-term growth and higher value-added product offerings.

Employees and Banker Details

As of November 30, 2025, the company had 140 full time employees. The Banker to the Company is Kotak Mahindra Bank Limited.

Management and Growth Vision

The management comprises professionals with experience in food processing, sourcing, and supply chain management. Their vision focuses on scaling operations in the health foods and millets segment, improving margins through value-added products, and expanding institutional customer relationships. Short-term growth will be driven by capacity utilisation, while long-term targets include brand building and diversification. Capex and expansion will be funded through IPO proceeds, internal accruals, and efficient working capital management.

Industry Overview

The company operates in India’s food processing industry, specifically the millets and grains segment. The Indian food processing market is estimated at ₹25–30 lakh crore, growing at a CAGR of 8–10%. The millets market alone is witnessing higher growth of 10–12%, supported by government initiatives and rising health awareness. Globally, the food processing industry exceeds USD 4 trillion, with steady long-term growth led by emerging markets.

Key Risk Factors

1. Raw Material Price Volatility
   The company is exposed to fluctuations in prices of rice and millets, which may impact margins if cost increases cannot be passed on to customers immediately.
2. Working Capital Intensive Operations
   Food processing requires high inventory and receivables management. Any mismatch in cash flows may affect liquidity and day-to-day operations.
3. Customer Concentration Risk
   A significant portion of revenue is derived from institutional and bulk buyers, which increases dependency on a limited customer base.
4. Regulatory and Food Safety Compliance
   Non-compliance with FSSAI and other food safety regulations could result in penalties, operational disruption, or reputational damage.
5. Competition from Unorganised Players
   The industry faces competition from unorganised and regional players who operate at lower cost structures, affecting pricing power.

Key Strengths, Moat, and Opportunities

1. Strong Presence in Millets Segment
   Early positioning in millets-based products aligns with growing health awareness and government-led promotion of nutritious grains.
2. Integrated Processing Facility
   In-house processing capabilities ensure quality control, cost efficiency, and timely execution of bulk and customised orders.
3. Order-Driven Business Model
   Execution based on confirmed orders reduces inventory risk and enhances working capital efficiency.
4. Experienced Management Team
   Promoters bring operational knowledge in sourcing, processing, and institutional sales, supporting scalable growth.
5. Rising Demand for Healthy Foods
   Increasing preference for low-GI, high-fibre foods creates strong future demand for millets and value-added products.
6. Scalability through Capex
   Planned machinery upgrades and capacity expansion can improve margins and enable entry into higher-value product categories.

NFP Sampoorna Foods Limited is a food processing company primarily engaged in manufacturing and supplying millets-based and rice-based food products. The company earns revenue through B2B and B2C sales, supplying processed food items to institutional buyers, distributors, and retail channels. Its product portfolio includes ready-to-cook and semi-processed food products, catering to health-conscious consumers and bulk buyers across India.

Key Clients and Manufacturing Facilities

The company caters to institutional buyers, wholesalers, and distributors, along with select private-label customers. Its manufacturing facility is located in Telangana, equipped with cleaning, grading, milling, blending, and packaging infrastructure. The facility supports multiple product lines, enabling scalable production, consistent quality control, and compliance with food safety norms, which helps the company meet bulk and customised order requirements efficiently.

Product Portfolio and Order Book Execution

NFP Sampoorna Foods offers millets, rice, flours, and value-added food products positioned at the raw material and semi-processed stage of the client’s product lifecycle. These products act as essential inputs for further processing or retail packaging. The company follows an order-driven execution model, ensuring timely procurement, processing, and dispatch, which reduces inventory risk and improves working capital efficiency.

Mergers, Capex, and Expansion Plans

The company has undertaken restructuring initiatives to streamline operations and improve scale. Proceeds from the IPO are proposed to be used for working capital requirements, capacity enhancement, and general corporate purposes. Planned capital expenditure focuses on upgrading machinery, expanding processing capabilities, and improving operational efficiencies, supporting long-term growth and higher value-added product offerings.

Employees and Banker Details

As of November 30, 2025, the company had 140 full time employees. The Banker to the Company is Kotak Mahindra Bank Limited.

Management and Growth Vision

The management comprises professionals with experience in food processing, sourcing, and supply chain management. Their vision focuses on scaling operations in the health foods and millets segment, improving margins through value-added products, and expanding institutional customer relationships. Short-term growth will be driven by capacity utilisation, while long-term targets include brand building and diversification. Capex and expansion will be funded through IPO proceeds, internal accruals, and efficient working capital management.

Industry Overview

The company operates in India’s food processing industry, specifically the millets and grains segment. The Indian food processing market is estimated at ₹25–30 lakh crore, growing at a CAGR of 8–10%. The millets market alone is witnessing higher growth of 10–12%, supported by government initiatives and rising health awareness. Globally, the food processing industry exceeds USD 4 trillion, with steady long-term growth led by emerging markets.

Key Risk Factors

1. Raw Material Price Volatility
   The company is exposed to fluctuations in prices of rice and millets, which may impact margins if cost increases cannot be passed on to customers immediately.
2. Working Capital Intensive Operations
   Food processing requires high inventory and receivables management. Any mismatch in cash flows may affect liquidity and day-to-day operations.
3. Customer Concentration Risk
   A significant portion of revenue is derived from institutional and bulk buyers, which increases dependency on a limited customer base.
4. Regulatory and Food Safety Compliance
   Non-compliance with FSSAI and other food safety regulations could result in penalties, operational disruption, or reputational damage.
5. Competition from Unorganised Players
   The industry faces competition from unorganised and regional players who operate at lower cost structures, affecting pricing power.

Key Strengths, Moat, and Opportunities

1. Strong Presence in Millets Segment
   Early positioning in millets-based products aligns with growing health awareness and government-led promotion of nutritious grains.
2. Integrated Processing Facility
   In-house processing capabilities ensure quality control, cost efficiency, and timely execution of bulk and customised orders.
3. Order-Driven Business Model
   Execution based on confirmed orders reduces inventory risk and enhances working capital efficiency.
4. Experienced Management Team
   Promoters bring operational knowledge in sourcing, processing, and institutional sales, supporting scalable growth.
5. Rising Demand for Healthy Foods
   Increasing preference for low-GI, high-fibre foods creates strong future demand for millets and value-added products.
6. Scalability through Capex
   Planned machinery upgrades and capacity expansion can improve margins and enable entry into higher-value product categories.