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Hindustan Foods starts production of pest products manufacturing unit

03 Jan 2018 Evaluate

Hindustan Foods (HFL) has obtained all required licences and started commercial production of Pest products manufacturing unit from January 02, 2018.

The manufacturing unit will supply the Pest care products to Reckitt Benckiser (India) (RBIPL) and the company hopes to achieve a turnover of Rs 125 crore annually from this unit. HFL has entered into a 7 years committed supply agreement with RBIPL and it hopes to have a minimum revenue in the range of Rs 750 crore to Rs 850 crore during the entire agreement period.

Hindustan Foods manufactures high quality cereal based food products and a range of instant mixes, baby foods, instant porridges, breakfast cereals and health drinks.

Peers
Company Name CMP
Grasim Industries 3173.00
DCM Shriram 977.20
3M India 34561.90
Hindustan Foods 618.85
Balmer Lawrie & Co 164.30
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