Sarveshwar Foods Limited, a Jammu-based rice and organic food company, has set its eyes on a bigger global footprint. The company is planning to open depots in the United States and Europe to strengthen its direct presence in western markets.
Chairman Rohit Gupta said the company already supplies products to big importers and private labels in these regions. By opening depots, Sarveshwar Foods will be able to serve mainstream buyers such as Walmart and Whole Foods directly. This move is expected to increase margins and improve product availability in global markets.
The company’s premium rice and organic foods under the “Nimbark” brand are already gaining traction. Around 25% of its revenue in Q1 FY26 came from its organic subsidiary, Himalayan Bio-Organic, which includes Nimbark products. Sarveshwar is also selling online through its own website and other e-commerce platforms.
Sarveshwar Foods has a long history despite appearing like a new player on the stock exchanges. The group traces its roots back to 1890 and has grown into one of the well-known rice processors from Jammu and Kashmir. It was listed on NSE and BSE mainboards in 2022, making it a relatively recent entrant to the markets.
In the first quarter of FY26, the company posted revenue of ₹301 crore, up 29% year-on-year. Net profit doubled to ₹7.02 crore compared to the same period last year. Management credited this growth to strong domestic demand and rising exports.
Exports currently account for about 15% of total revenue, but the company aims to raise this share to 30-50% over the next few years. With India being one of the largest rice exporters globally, Sarveshwar Foods sees strong opportunities to build its brand internationally.
The company is also preparing a ₹150 crore rights issue to strengthen its balance sheet. Most of the funds will be used for working capital, given the long cycles involved in the rice industry.
Looking ahead, Sarveshwar Foods plans to expand its retail stores across India and promote organic products more aggressively. By combining its 135-year legacy with modern expansion plans, the company hopes to transform into a recognized global food brand.
