AGRO TECH FOODS LIMITED


Company Brief
Agro Tech Foods Ltd is a public limited company engaged in the business of marketing food and food ingredients to consumers and institutional customers. It is affiliated to ConAgra Foods Inc. of USA, which is one the world’s largest food companies. Company's various business segments are as given below:

Branded Oils & Foods - Led by the flagship brand, Sundrop, Agro Tech Foods Ltd has expanded its brand portfolio through acquisition of the Rath vanaspati brand from SIEL Ltd. It also sells unrefined mustard oil under the Sudham brand in the East.Healthy World Dried Green Peas brings to the consumer healthy, fresh green peas - whenever she wants. Snack Pack is the only shelf stable pudding in the country; Swiss Miss is the only Hot Cocoa Mix available to Indian consumers and the list goes on.

Sourcing & Institutional Business - The Sourcing & Institutional Business division in ATFL started off as a Commodity Trading Team for the main purpose of sourcing edible oils for the Brand Edible Oils Group. Its portfolio kept widening with sourcing of other Agri commodities like rice, wheat, Soya DOC & Mustard covering both Trading & Exports. The Sourcing & Institutional Business has now transformed and consolidated into a team whose mission is not only to effectively source Agri-commodities for all segments of the Company but also to profitably grow the Institutional Businesses.

Food Services - India is witnessing dramatic growth in the employment opportunities, disposable incomes, family constitution and tourism. The life style, attitudes and eating habits are also undergoing a sea change. The hotels, restaurants, bars & pubs and service apartments are expanding and adapting their cuisines to suit changing tastes of both the local consumers and foreign travellers.ConAgra is one of the leading food services company in the US with a variety of popular brands which cater to the consumers in retail packaged form as well as through the catering industry. The food service business in India is supplying food products such as Lamb Weston, oils, popcorn to the hotels, restaurants and catering establishments.Lamb Weston is one of the largest manufacturer’s of potato products in the US and is available in India through this division and is growing steadily year on year. Food Service business also deals in large packs of Sundrop oil, Crystal brand of oil, ACT II Popcorn, Tomato Products and other snack items.

Annual Reports
Annual Report FY08
Annual Report FY07
Annual Report FY06
Annual Report FY05
Annual Report FY04
Annual Report FY03

Equity Research Reports
Dalal & Broacha - Jan 31, 2008