BOARD OF DIRECTORS
Mr. AKSHAY BECTOR(MANAGING DIRECTOR)
MS. GEETA BECTOR(WHOLE TIME DIRECTOR)
Mr. NIKHIL BHUCHCHAR (WHOLE TIME DIRECTOR)
Mr. SURENDER KUMAR TUTEJA(DIRECTOR)
Cremica Food Industries Limited is a prominent name in India's food processing and condiments sector, widely recognized for its rich heritage in manufacturing quality biscuits, cookies, sauces, spreads, and dessert toppings. Known for supplying major global fast-food chains and domestic retail markets alike, Cremica stands as a household symbol of taste, premium quality, and culinary innovation.
Cremica launched an expansive portfolio of fruit crushes in 10 unique variants targeted at milkshakes, mocktails, and desserts. This strategic entry marks the brand’s deeper footprint into the premium packaged beverage and HoReCa (Hotel, Restaurant, and Catering) sectors. The company rolled out specialized lines to re-enter the packaged jams and traditional pickles segment, scaling up standard consumer grocery offerings.
Products and Services of Company
- • Sauces & Condiments: Tomato ketchups, mayonnaise, burger dressings, mustard, and specialized liquid condiments.
- • Bakery & Confectionery: Premium biscuits, cookies, and specialty baked goods.
- • Dessert Toppings & Syrups: Chocolate, strawberry, and other flavoured dessert syrups and ice cream toppings.
- • Institutional & Quick Service Restaurant (QSR) Supplies: Custom-formulated ingredients and sauces supplied to top-tier global food chains across India.
- • Retail & Export Packs: Mass consumer-ready packaging distributed widely through domestic retail networks and international export channels.
Financial Highlights
- • Revenue growth: FY25 revenue was reported at ₹322.8 crore, up 6.7% year over year. The Company’s total operating income rose to ₹309.37 Cr in FY23 from ₹252.47 Cr in FY22, reflecting growth of about 22.5%.also reported ₹159.60 Cr in operating income for H1FY24.
- • Profitability has improved. PAT moved from ₹0.48 crore in FY22 to ₹2.75 crore in FY23, and later reached ₹8.2 crore in FY25.
- • Operating momentum: earlier coverage noted the company was targeting ₹450–470 crore revenue for the fiscal year and had crossed ₹320 crore in FY23.
- • EBITDA margin was reported at 6.84% in FY23 and PAT margin at 0.89% in FY23.
- • Interest coverage improved to around 2.4x–2.5x, indicating reasonable debt-servicing ability.
ANNUAL REPORT
NEWS
