SSMD AGROTECH INDIA LIMITED

Manufactures and sells packaged food products including namkeen, roasted chana and popcorn under its 'House of Manohar' umbrella brand, and has begun importing and trading in agricultural commodities such as maize. FY26 revenue stood at ₹11,534.94 lakhs, up 16.3% from ₹9,917.95 lakhs, while net profit was ₹552.72 lakhs (up from ₹537.75 lakhs). Operations span a Namkeen manufacturing plant whose first phase was completed in March 2026, a D2C retail network with a second store opened on 15 January 2026, and new lines such as Roasted Chana and the 'Manohar Agro Popcorn' brand. The company is also moving into oil-sector trading through an MOU with Demeter Commodities SL, backed by an overdraft facility of up to ₹5 crore approved by the board. It raised ₹3,408.57 lakhs via an IPO on the BSE SME platform on 2 December 2025 (28.17 lakh equity shares at ₹121 each), of which ₹1,230.60 lakhs remained unutilised as of 31 March 2026. Operating cash flow was negative at ₹-1,020.06 lakhs in FY26 due to a ₹1,502.36 lakh surge in trade receivables, and the disclosed cost shape shows employee cost at 1.7% of revenue and other operating expenses at 3.9%.