The shares of an Indian FMCG penny company involved in processing mushrooms and manufacturing IQF ready-to-eat items are in Focus after the company bags orders from an international entity, US Foods
The shares of Himalaya Food International Ltd, with a market capitalization of Rs.143.24 crores on Wednesday. Its shares are trading at a CMP of Rs 17.30, against the previous closing price of Rs 16.29. The stock had surged up by 6.2 percent intraday.
What’s the news
Himalaya Food International Ltd. has secured a significant long-term supply order for French Fries from US Foods, one of the largest food service distributors in the United States. The order consists of 75 containers, each containing 1,600 cartons of 30 lbs, totaling approximately 3.6 million lbs (1,633 metric tons) of French Fries. These are being shipped in Himalaya-branded packaging, with five containers scheduled for immediate dispatch next week. Weekly shipments are planned through to November 2025, and deliveries will be made to US Foods’ distribution centers across various states in the USA.
To fulfill the order, Himalaya Food has contracted a quality-certified manufacturing partner in Gujarat, operating under its strict quality control standards until the company’s own French Fry production line becomes operational later this year. The transaction is being facilitated by the company’s US-based associate entity, Himalaya International Inc. (DBA Global Food), which manages logistics, customs, and regulatory compliance without earning any commercial margin or profit. This strategic setup ensures smooth execution while maintaining quality and compliance with U.S. food import regulations.
This deal marks a major milestone for Himalaya Food, initiating a long-term commercial relationship with a key player in the U.S. food service industry. The recurring nature of the order, not a trial consignment, signals a strong vote of confidence in the company’s product quality and supply capability. It is expected to significantly boost revenue and improve capacity utilization at Himalaya’s French Fry production unit, contributing meaningfully to the company’s growth in the global food export market.
Himalaya Food Company Ltd grows and processes mushrooms and manufactures IQF ready-to-eat items. HFC is a frozen & canned food processing company. It grows different types of mushrooms, and exports to the USA mushroom-based products, Cheese, Sweets, & Appetizers. The company owns and operates 2 ISO 22000 certified facilities in North & West India, where it grows and produces 100 percent natural, vegetarian products without the use of chemicals. Nutrition and freshness are retained by simple ways of quick chilling & freezing
The revenues of the company have decreased by 15.38 percent from Rs 11.44 crores in Q2FY25 to Rs 9.68 crores in Q3FY25 and the net profits have also decreased by 97.5 percent during the same time from Rs 2.05 crores in Q2FY25 to Rs 0.05 crores in Q3FY25.
Written By Likesh Babu S
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