Company lists
The Gujarat edition · 2026

Food and agriculturecompanies in Gujarat

Food & beverage products, food processing, distributors & traders, agri inputs & equipment, restaurants & food chains and more: the companies building food and agriculture in Gujarat, with their founders, funding, team size and business models.

1,235 company profiles418 with reported revenue35 with recorded fundingSeptember 2026 edition

Recent food and agriculture business events in Gujarat

Funding, M&A, contract wins and launches involving 1,401 food and agriculture companies in Gujarat, last 24 months: 44 M&A deals · 13 Contracts · 12 funding rounds · 10 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

Funding

Iscon Balaji Foods

Trilegal Advised Iscon Balaji Foods on INR 2,000 Crore Investment by Advent International and 360 ONE Alternates Asset Management

Investors Advent international, 360 ONE Alternates Asset Management
Food processing and export-led manufacturing
M&AAcquisition · Announced

Advent International, L.P. acquires Iscon Balaji Foods

JSA advised Advent International in its acquisition of a significant minority stake in Iscon Balaji Foods Private Limited, through a combination of primary infusion and secondary…

Frozen Food Manufacturing and Export
M&AAcquisition · Completed

Advent acquires Iscon Balaji Foods

Private equity (PE) investor Advent has bought a minority stake in Gujarat’s Iscon Balaji Foods (IBF) in a $150 million deal, the companies said in a joint statement on Tuesday, without…

Frozen potato products / food
ContractSupply

Chowgule and Company · client: Boomsma shipping

Indian shipbuilder Chowgule and Company has begun conducting sea trials of a new dry cargo vessel ordered by Netherlands-based shortsea shipping specialist Boomsma Shipping.

Shipping
LaunchCafé Mocha

Vadilal Industries

Vadilal Industries launches its latest campaign, ‘#IceCreamWaliSituationship’, and two delicious new flavours - Café Mocha and Pista Kunafa.

Ice Cream Flavor
ContractService

Glassbox · client: Gokul agro resources

Gokul Agro Resources Ltd. has appointed Glassbox, a Komerz company, as its integrated brand and growth partner

FMCG
LaunchRiteBite Max Protein RTD Protein Shakes

Zydus wellness

Zydus Wellness Ltd has expanded its RiteBite Max Protein range into three new formats—ready-to-drink (RTD) protein shakes, protein bars, and protein chips—as it looks to broaden its…

Protein beverage
Funding

Hocco

HOCCO Ecommerce D2C B2C $10.7 Mn - Sauce.vc Sauce.vc

Investors Sauce.vc
Ecommerce
M&AAcquisition · Rumored

Advent international acquires Iscon Balaji Foods

Advent International is in early talks to buy a 25% stake in Iscon Balaji Foods at a ₹ 5,000 crore valuation.

LaunchGlucon-D Recharge

Zydus wellness

India, March 26th, 2026: Zydus Wellness today announced the expansion of its iconic brand Glucon-D into the fast-growing performance hydration category with the launch of Glucon-D Recharge.

Performance Hydration
M&AAcquisition · Completed

Arjunsinh Rajput acquires Gokul refoils & solvent

Arjunsinh Rajput acquired 12,238 equity shares of Gokul Refoils & Solvent Limited through open market purchase on March 10, 2026.

M&AAcquisition · Announced

Ankit Jalan and Anuj Jalan acquires Shah foods

The draft letter, dated February 25, 2026, outlines an open offer by acquirers Ankit Jalan and Anuj Jalan to acquire up to 60,61,900 equity shares of Shah Foods Limited, representing…

Food products and vegetables trading
FundingFunding

Theka coffee

Theka Coffee secured ₹2.5 crore in funding from Dubai-based Zenith Multi Trading, reached a valuation of ₹120 crore.

Investors Zenith Multi Trading
Beverages
FundingStrategic investment

Balaji wafers

Balaji Wafers has entered into a definitive agreement to receive a strategic investment from global growth equity firm General Atlantic

Snacking
M&AAcquisition · Announced

General atlantic acquires Balaji wafers

Balaji Wafers has agreed to sell a 7 per cent stake for Rs 2,050 crore.

Snack maker
Funding

Iscon Balaji Foods

Private capital is making a fresh push into India’s processed foods space, with 360 ONE Asset, a subsidiary of 360 ONE WAM, committing around USD 70 million to Iscon Balaji Foods Ltd…

Investors 360 ONE Asset
Processed foods
M&AAcquisition · Announced

General atlantic acquires Balaji wafers

Rajkot’s Balaji Wafers is also set to bag an investment from General Atlantic at a valuation of Rs 35,000 crore.

Food & Beverage
Contract

Sudeep pharma · client: Sudeep Advanced Materials

Sudeep Pharma: Company provides unsecured loan of ₹40 Cr to subsidiary Sudeep Advanced Materials.

LaunchNew website

Shaktiman

Shaktiman, India's largest agricultural implement manufacturer, has launched a new website as part of its international expansion strategy.

Website
ContractSupply

Zhongke India · client: Canpac trends

The largest deal of the exhibition came from Canpac Trends, which finalised an agreement for five sets of Zhongke die‑cutters to support its expanding corrugated operations.

Packaging
ContractSupply

Indo Polygraph Machinery · client: Canpac trends

Canpac Trends recently signed a deal for two K&B sheetfed offset printing presses with Indo Polygraph Machinery, the Indian representative of the German manufacturer Koenig & Bauer…

Printing
Contract

Jm financial · client: Canpac trends

Recently, JM Financial infused fresh capital of Rs 60-crore in Canpac as minority stakeholder.

Investment
LaunchTru

Amul

Amul, India’s largest dairy brand has entered the packaged juices segment by launching the Tru brand of fruit juices.

Packaged fruit juices
Funding

Balaji wafers

US-based private equity firm General Atlantic is close to finalizing a ₹2,500 crore investment for a 7% stake in Balaji Wafers, valuing the Gujarat-headquartered snack maker at around…

Snack
LaunchAll-new range of frozen snacks

Hyfun foods

HyFun Foods, a frozen food brand, has announced the launch of its all-new range of frozen snacks in retail.

Frozen snacks
M&AAcquisition · Announced

Kedaara capital acquires Balaji wafers

Gujarat-based Balaji Wafers is in the final stages of a stake sale, with Kedaara Capital and General Atlantic (GA) leading the race to acquire 6-7 per cent of the company, which is…

Packaged Food
FundingSeries B

Hocco

Hocco has raised INR 115 crore in a Series B round at a ₹2,000 crore valuation.

Investors Sauce.vc
Premium Ice Cream
M&AAcquisition · Rumored

General mills acquires Balaji wafers

Mumbai: US multinational General Mills Inc is in talks to buy into Balaji Wafers, joining other suitors including PepsiCo, ITC Ltd and several private equity firms eyeing a significant…

Snack Foods
M&AAcquisition · Announced

ITC Foods acquires Balaji wafers

Besides FMCG companies, ITC Foods is also in the race to acquire a stake in Gujarat-based Balaji Wafers, which has a strong presence in the chips, namkeen and confectionery products in…

Snacks/Food
M&AAcquisition · Announced

private equity (PE) firms acquires Balaji wafers

Balaji Wafers, a snack manufacturer based in Rajkot, is in discussions with leading private equity (PE) firms to sell up to 10% of its equity, aiming for a valuation of nearly Rs 40,000…

Snack manufacturer

Food and agriculture companies in Gujarat, by revenue

Browse food and agriculture companies in Gujarat by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 418 food and agriculture companies in Gujarat that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Manufacturer of edible and non-edible oils, derivatives, and feed meals

Food & beverage products
₹19,584.78 crFY 2024-25
+41%2024–2025
810+22% 12 mo to Aug 2024recorded Aug 2024
12 yr2014
0none in 3 months

Manufacturer of snack foods

Food & beverage products
₹5,010.37 crFY 2022-23
Not reported
1,903-5% 12 mo to Sep 2024LinkedIn · Jul 2026
52 yr1974
1postings · last posted Jul 2026

Processing and export of agri products and chemical derivatives

Food processing
₹4,695.06 crFY 2024-25
-7%2024–2025
832-15% 12 mo to Jun 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months · last posted Apr 2023

Producers of edible oil

Food & beverage products
₹3,146.91 crFY 2022-23
Not reported
446+0% 12 mo to Jul 2024LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Brand of healthcare nutrition products

Food & beverage products
₹2,722.50 crFY 2024-25
+16%2024–2025
2,301+3% 12 mo to Mar 2024LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Internet first brand of dairy products

Food & beverage products
₹2,127.46 crFY 2024-25
+8%2024–2025
375+3% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
0none in 3 months

Tea Exporters & Suppliers - Tea Brands - Wagh Bakri Group

Food & beverage products
₹1,897.86 crFY 2022-23
Not reported
1,048+7% 12 mo to Sep 2024recorded Sep 2024
134 yr1892
—No postings tracked

Provider of starch manufacturer and exporter services

Food processing
₹1,986.97 crFY 2024-25
+32%2024–2025
310LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Vertically integrated company focused on castor and cotton

Crop farming
₹1,852.69 crFY 2023-24
Not reported
26-77% 12 mo to Jul 2024recorded Jul 2024
84 yr1942
—No postings tracked

Brand of groundnut oil

Food & beverage products
₹1,728.84 crFY 2024-25
+36%2024–2025
101+12% 12 mo to Feb 2024recorded Feb 2024
34 yr1992
0none in 3 months

Manufacturer of diverse electrical products, agricultural equipment, and solar solutions

Solar energy
₹1,612.13 crFY 2024-25
+80%2024–2025
534LinkedIn · Jul 2026
45 yr1981
1postings · last posted Jul 2026

Manufacturer of dehydrated potato flakes and frozen potato-based food products

Food processing
₹1,501.90 crFY 2024-25
+26%2024–2025
988+78% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
8postings · last posted Aug 2026

Internet first brand of namkeen, wafers, and snacks

Food & beverage products
₹1,473.61 crFY 2024-25
+5%2024–2025
1,263-77% 12 mo to Mar 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Manufacturer and exporter of organic vegetable oils, including castor oil, neem oil, sesame oil, and soybean oil, among others

Food processing
₹1,184.68 crFY 2021-22
+33%2021–2022
13LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Manufactures fertilizers, insecticides, fungicides, herbicides.

Crop inputs
₹1,301.06 crFY 2024-25
+12%2024–2025
900+66% vs previous recordrecorded
41 yr1985
0none in 3 months

Ice Creams - Vadilal

Food & beverage products
₹1,137.80 crFY 2023-24
Not reported
209+8% 12 mo to Apr 2024recorded Apr 2024
119 yr1907
—No postings tracked

Brand offering ice cream products

Food & beverage products
₹1,010.95 crFY 2023-24
Not reported
594+13% 12 mo to Aug 2024recorded Aug 2024
36 yr1990
—No postings tracked

Production and marketing of Indian ethnic snacks

Food & beverage products
₹1,022.69 crFY 2024-25
+13%2024–2025
586+8% 12 mo to Jul 2024recorded Jul 2024
25 yr2001
0none in 3 months

Developer of plant based products and ingredient solutions for food, animal nutrition, and other industries

Food processing
₹971.45 crFY 2024-25
Not reported
143LinkedIn · Jul 2026
44 yr1982
0none in 3 months

Agro chemical manufacturer providing crop protection solutions and maximizing agricultural productivity

Crop inputs
₹953.19 crFY 2024-25
+45%2024–2025
626+91% 12 mo to Aug 2024recorded Aug 2024
11 yr2015
0none in 3 months

Brand of sunflower oil

Food & beverage products
₹936.88 crFY 2024-25
-2%2024–2025
7+0% 12 mo to Mar 2024recorded Mar 2024
17 yr2009
0none in 3 months

Manufacturer of diary industry equipment

Food processing & packaging equipment
₹625.22 crFY 2021-22
Not reported
975+9% 12 mo to Sep 2024LinkedIn · Jul 2026
48 yr1978
—No postings tracked

Brand of spices, chips, pickles, snacks, flours, and toast

Food & beverage products
₹641.33 crFY 2022-23
Not reported
1,220-7% 12 mo to Jul 2024recorded Jul 2024
61 yr1965
—No postings tracked

Processor and exporter of edible oil, spices, peanut, sesame seeds and pulses

Food processing
₹640.42 crFY 2024-25
+18%2024–2025
206LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Manufacturer of chemical for Infra-tech, agro, dyes and leather industries

Agrochemicals
₹634.76 crFY 2024-25
+4%2024–2025
89LinkedIn · Jul 2026
37 yr1989
0none in 3 months · last posted May 2026
50 of 1,235 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,235 food and agriculture companies in Gujarat on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open food and agriculture in Gujarat on Radar
  • Every company, not just 50All 1,235 food and agriculture companies in Gujarat, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore food and agriculture companies in Gujarat by what you are looking for

Browse food and agriculture companies in Gujarat, from food processing and edible oil makers to agrochemical and farm equipment firms. See food and agriculture startups in Gujarat and companies that are hiring.

8 ways to explore food and agriculture in Gujarat

Food & beverage product manufacturersFood processing & packaging companiesFood distributors, exporters & crop tradersAgrochemicals, fertilizers & farm equipmentRestaurant & food service chainsListed food and agriculture companies in Gujarat

Food & beverage product manufacturers

Makers of snacks, edible oils, dairy, beverages and packaged foods.

  1. Gokul Agro

    Manufacturer of edible and non-edible oils, derivatives, and feed meals

    Food & beverage products
    See in list
  2. Balaji Wafers

    Manufacturer of snack foods

    Food & beverage products
    See in list
  3. Maahi Milk

    Internet first brand of dairy products

    Food & beverage products
    See in list
  4. Wagh Bakri Tea Group

    Tea Exporters & Suppliers - Tea Brands - Wagh Bakri Group

    Food & beverage products
    See in list
  5. Gulab Oils

    Brand of groundnut oil

    Food & beverage products
    See in list

Food processing & packaging companies

Food processors, packaging makers and processing equipment suppliers.

  1. Gujarat Ambuja Exports

    Processing and export of agri products and chemical derivatives

    Food processing
    See in list
  2. Bluecraft Agro

    Provider of starch manufacturer and exporter services

    Food processing
    See in list
  3. Bhagwati Agro Industries

    Manufacturer and exporter of organic vegetable oils, including castor oil, neem oil, sesame oil, and soybean oil, among others

    Food processing
    See in list
  4. Sanstar

    Developer of plant based products and ingredient solutions for food, animal nutrition, and other industries

    Food processing
    See in list
  5. IDMC

    Manufacturer of diary industry equipment

    Food processing & packaging equipment
    See in list

Food distributors, exporters & crop traders

Distributors, exporters and traders of grains, oils and agricultural commodities.

  1. Gujarat Ambuja Exports

    Processing and export of agri products and chemical derivatives

    Food processing
    See in list
  2. Bhagwati Agro Industries

    Manufacturer and exporter of organic vegetable oils, including castor oil, neem oil, sesame oil, and soybean oil, among others

    Food processing
    See in list
  3. Rajgor Castor

    Manufacturer and supplier of Castor oil and derivatives

    Food processing
    See in list
  4. Koshambh Multitred

    Manufacturer and supplier of a range of food and packaging products, including biscuits, plastic bags, and confectionery, with a focus on manufacturing facilities

    Food distributors
    See in list
  5. Sadguru Cotton

    Manufacturer & exporter of indian cotton, corn, sunflower, and groundnut oil

    Food processing
    See in list

Agrochemicals, fertilizers & farm equipment

Crop protection, seeds, fertilizers and farm machinery companies.

  1. Silver Pumps & Motors

    Manufacturer of diverse electrical products, agricultural equipment, and solar solutions

    Solar energy
    See in list
  2. GSP Crop Science

    Manufactures fertilizers, insecticides, fungicides, herbicides.

    Crop inputs
    See in list
  3. Dharmaj Crop

    Agro chemical manufacturer providing crop protection solutions and maximizing agricultural productivity

    Crop inputs
    See in list
  4. Gujarat Polysol Chemicals

    Manufacturer of chemical for Infra-tech, agro, dyes and leather industries

    Agrochemicals
    See in list
  5. Ratnakar India

    Manufacturer of EOT cranes, gantry cranes, electric wire rope hoists

    Crop tech
    Website

Restaurant & food service chains

Restaurant chains, caterers and food service businesses.

  1. Shashi Catering Services

    Provider of corporate catering services

    Food service chains
    See in list
  2. Hocco

    Restaurant chain serving ice cream, pizzas, sandwiches, and desserts

    Food service chains
    Website
  3. HRPL Restaurants

    Restaurant serving multiple dishes

    Restaurants
    Website
  4. Atul Bakery

    Bakery snacks brand

    Food service chains
    Website
  5. Neopolitan Pizza

    Provider of unlimited fusion Italian pizza meals through owned and franchised stores

    Food service chains
    Website

Listed food and agriculture companies in Gujarat

Publicly listed food and agriculture companies in Gujarat.

  1. Gokul Agro

    Manufacturer of edible and non-edible oils, derivatives, and feed meals

    Food & beverage products
    See in list
  2. Gujarat Ambuja Exports

    Processing and export of agri products and chemical derivatives

    Food processing
    See in list
  3. Zydus Wellness

    Brand of healthcare nutrition products

    Food & beverage products
    See in list
  4. Mangalam

    Vertically integrated company focused on castor and cotton

    Crop farming
    See in list
  5. Gopal Snacks

    Internet first brand of namkeen, wafers, and snacks

    Food & beverage products
    See in list
53 companies in Gujarat

Food and agriculture startups in Gujarat

Recently founded food and agriculture startups in Gujarat.

  1. CastroChem

    Exporter of castor oils

    Food distributors
    See in list
  2. Ratnakar India

    Manufacturer of EOT cranes, gantry cranes, electric wire rope hoists

    Crop tech
    Website
  3. Umiya Agro Solvex

    Manufacturer and exporter of oil and meal products

    Food distributors
    Website
  4. Greenfay

    Provider of potato farming, export, seeds, cold storage, and flakes

    Food processing
    Website
  5. Sudeep Nutrition

    Offering customized premixes and scientifically proven ingredients for various food and dietary supplement products

    Food processing
    Website
180 companies in Gujarat

Food and agriculture companies hiring in Gujarat

Food and agriculture companies in Gujarat with open roles right now.

  1. Balaji Wafers

    Manufacturer of snack foods

    Food & beverage products
    See in list
  2. Gujarat Ambuja Exports

    Processing and export of agri products and chemical derivatives

    Food processing
    See in list
  3. Silver Pumps & Motors

    Manufacturer of diverse electrical products, agricultural equipment, and solar solutions

    Solar energy
    See in list
  4. Iscon Balaji Foods

    Manufacturer of dehydrated potato flakes and frozen potato-based food products

    Food processing
    See in list
  5. Halewood Laboratories

    Manufacturer of pharmaceutical, food, and beverage products via contract manufacturing

    Biopharma outsourcing
    See in list
16 companies in Gujarat
Mobile reach

Top 10 food and agriculture apps from Gujarat

The most-installed Android apps published by food and agriculture companies headquartered in Gujarat — 2.4M installs between them. 47 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Martino'z Pizza - Order Online

by Martino'z Pizza

Installs761K
Rating—
Installs, year on year+85%
Last updatedMay 2026
View on Google Play ↗
Martino'z Pizza - Order Online screenshot 1Martino'z Pizza - Order Online screenshot 2Martino'z Pizza - Order Online screenshot 3Martino'z Pizza - Order Online screenshot 4Martino'z Pizza - Order Online screenshot 5Martino'z Pizza - Order Online screenshot 6
2

INAPH

by NDDB

Installs472K
Rating—
Installs, year on year+10%
Last updatedAug 2023
View on Google Play ↗
INAPH screenshot 1INAPH screenshot 2INAPH screenshot 3INAPH screenshot 4INAPH screenshot 5INAPH screenshot 6
6

Amul Shop

by Amul

Installs223K
Rating—
Installs, year on year+500%
Last updatedFeb 2026
View on Google Play ↗
Amul Shop screenshot 1Amul Shop screenshot 2Amul Shop screenshot 3Amul Shop screenshot 4Amul Shop screenshot 5Amul Shop screenshot 6
9

Banas Veterinary Seva 2.0

by Banas Dairy

Installs17K
Rating—
Last updatedNov 2025
View on Google Play ↗
Banas Veterinary Seva 2.0 screenshot 1Banas Veterinary Seva 2.0 screenshot 2Banas Veterinary Seva 2.0 screenshot 3
The business behind the activity

Food and agriculture financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 391 food and agriculture companies in Gujarat for FY24-25 — 455 of the 1,235 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 40% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹89,594.10 cr

391 companies filing accounts

combined net profit₹2,926.11 cr

3.3% aggregate margin

are profitable83%

324 of 391 companies

median revenue~₹45.4 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five40%

revenue concentration

Six-year view

Combined revenue of filing companies

₹42,386.01 crFY19-20331 filers
₹52,533.55 crFY20-21356 filers
₹65,103.95 crFY21-22381 filers
₹73,114.67 crFY22-23399 filers
₹78,938.23 crFY23-24400 filers
₹89,594.10 crFY24-25391 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 357 companies over three years

+25%
FY22-23₹70,141.25 cr₹2,343.83 cr net
FY23-24₹75,132.40 cr₹3,333.82 cr net
FY24-25₹87,525.95 cr₹2,929.56 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr3546% profitable
₹1–10 cr6871% profitable
₹10–100 cr15787% profitable
₹100–1,000 cr11594% profitable
Over ₹1,000 cr1694% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking99
0–20%132
20–50%87
50–100%27
Doubled+31

376 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

324profitable
67loss-making
3.3%aggregate margin
1.3%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
HoccoHOCCO INDUSTRIES PRIVATE LIMITED+556%₹209.04 cr
Charotar CaseinSINAGRO DAIRY PRIVATE LIMITED+462%₹36.02 cr
R P K AgrotechR P K AGROTECH EXPORTS PRIVATE LIMITED+456%₹402.36 cr
Anam PesticidesANAM PESTICIDE PVT LTD₹44.28 cr
Kshitij NutriscienceKSHITIJ NUTRISCIENCE INDIA PRIVATE LIMITED+217%
HajooriSOSYO HAJOORI BEVERAGES PRIVATE LIMITED+196%₹240.46 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
LubiGelLUBI GEL LIMITED₹152.29 cr
Standard PesticidesSTANDARD PESTICIDES PRIVATE LIMITED30.3%₹79.91 cr
Sudeep NutritionSUDEEP NUTRITION PRIVATE LIMITED27.7%₹171.67 cr
Sudeep GroupSUDEEP PHARMA LIMITED
Deepak Novochem TechnologiesDEEPAK NOVOCHEM TECHNOLOGIES LIMITED22.8%₹505.80 cr
Adani Agri LogisticsADANI AGRI LOGISTICS LIMITED22.5%₹119.41 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Food & beverage products155₹52,063.81 cr~₹54.4 cr83%2.3%
Food processing70₹18,046.80 cr~₹68.4 cr81%4.8%
Food distributors29₹3,461.19 cr~₹47.1 cr86%2.0%
Crop equipment17₹3,082.47 cr~₹25.9 cr88%5.5%
Crop inputs17₹2,992.95 cr~₹28.5 cr82%4.5%
Agrochemicals8₹1,494.56 cr~₹69.0 cr100%14.3%
Food processing & packaging equipment12₹1,473.47 cr~₹25.1 cr83%-2.3%
Food service chains20₹1,160.06 cr~₹23.5 cr80%-2.5%
Leaders

Largest food and agriculture companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Gokul AgroGOKUL AGRO RESOURCES LIMITED₹17,146.60 cr₹200.86 cr1.2%+32%
Balaji WafersBALAJI WAFERS PRIVATE LIMITED₹6,547.66 cr₹290.95 cr4.4%+18%
N.K.ProteinsN K PROTEINS PRIVATE LIMITED₹57.55 cr1.1%+15%
Gujarat Ambuja ExportsGUJARAT AMBUJA EXPORTS LIMITED₹4,696.28 cr₹250.82 cr5.3%-7%
Wagh Bakri Tea GroupGUJARAT TEA PROCESSORS AND PACKERS LIMITED₹2,358.22 cr₹150.75 cr6.4%+12%
Maahi MilkMAAHI MILK PRODUCER COMPANY LIMITED₹2,127.46 cr₹28.35 cr1.3%+8%
Bluecraft AgroBLUECRAFT AGRO PRIVATE LIMITED₹1,942.64 cr0.1%+32%
Tirth Agro TechnologyTIRTH AGRO TECHNOLOGY PRIVATE LIMITED₹105.52 cr+12%
Gulab OilsGULAB OIL AND FOOD (AHMEDABAD) PRIVATE LIMITED₹1,728.84 cr₹10.55 cr0.6%+36%
Silver Pumps & MotorsSILVER CONSUMER ELECTRICALS LIMITED₹1,612.10 cr₹46.49 cr2.9%+80%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Food and Agriculture Industry Landscape of India

The financials above are one chapter. The full food and agriculture landscape of Gujarat maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the food and agriculture landscape of Gujarat
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The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Food and agriculture funding and M&A across India

2,444 recorded equity rounds have gone to 16,235 food and agriculture companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months89

US$371.65m

equity rounds, last 24 months301

US$1.00bn

raised over five yearsUS$4.31bn

1,266 rounds in India

M&A deals, Gujarat44

last 24 months

Capital by year

Equity funding into food and agriculture in India

amount rounds
$582m2018141
$442m2019165
$384m2020158
$934m2021237
$1.2bn2022273
$628m2023243
$731m2024263
$581m2025193
$236m202657

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$1.20bn across 273 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$132.20m264 rounds · median US$110k
SeedUS$444.86m671 rounds · median US$343k
Series AUS$709.06m172 rounds · median US$2.99m
Series BUS$729.90m69 rounds · median US$7.14m
Series CUS$674.96m40 rounds · median US$12.03m
Series D+US$1.44bn40 rounds · median US$19.85m
Private equityUS$178.24m10 rounds · median US$20.50m
Where the money went · five years

Most-funded sub-sectors

Online groceryUS$1.05bn248 rounds · 81 companies
Food & beverage productsUS$1.01bn476 rounds · 215 companies
Food service chainsUS$693.10m208 rounds · 80 companies
Alcoholic beverage productsUS$411.89m99 rounds · 42 companies
Food processingUS$323.26m58 rounds · 32 companies
Consumer and sme loansUS$163.10m11 rounds · 2 companies
Crop inputsUS$150.94m8 rounds · 6 companies
Corporate activity · last 24 months

M&A in Gujarat

39Acquisition
4Merger
1Announced

Most active acquirers

  1. Vadilal Industries5
  2. General atlantic4
  3. Zydus wellness4
  4. Canpac trends3
  5. Lence3

Most acquired or merged

  1. Adani wilmar11
  2. Balaji wafers8
  3. Iscon Balaji Foods3
  4. Comfort click2
  5. Vadilal2

Each deal appears in the events strip at the top of the page.

Go deeper in the food and agriculture landscape reports:

Food and Agriculture Industry Landscape of India

Food and agriculture funding in Gujarat

35 food and agriculture companies in Gujarat have recorded equity funding, US$389.90m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind food and agriculture companies in Gujarat. 439 of 1,235 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat food and agriculture companies by sub-sector

The most common specialisations among food and agriculture companies in Gujarat. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring food and agriculture in India and nearby markets.

Coming soon