NFP Sampoorna Foods claims to source raw cashew nuts from selected farms in African countries and also through registered domestic importers. It also states that it procures makhana from farmers and aggregators in Bihar and sources almonds through licensed importers operating in mandi markets in the Delhi NCR region. This sourcing spread reduces dependence on a single region for raw material supply.
The company deals in dry fruits, which generally have a longer shelf life than many fresh produce categories. This allows inventory to be stored and supplied over longer periods without immediate spoilage, which can support steadier procurement and distribution planning across seasons.
NFP Sampoorna Foods states that it has built repeat business through regular communication with clients and a focus on delivery timelines. It claims this has led to returning customers and ongoing orders across its channels.
The company has witnessed a consistent increase in its revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 16.75 crore in FY23 to Rs 23.00 crore in FY24 and Rs 35.64 crore in FY25. PAT increased from Rs 0.41 crore in FY23 to Rs 1.02 crore in FY24 and Rs 2.67 crore in FY25.
The company has moved from a high-seas purchase model (typically 10 percent to 15 percent advance for shipments already en route) to a front-end procurement model that requires 100 percent advance payment for raw cashews sourced directly from African origins. This increases working capital needs and exposes the business to risks such as shipment delays, quality mismatches, changes in import regulations, port/customs disruptions, and geopolitical or logistics issues in sourcing countries. Since procurement is denominated in US dollars, foreign exchange movements and international cashew price volatility can raise raw material costs and affect profitability.
The cost of materials consumed accounted for Rs 13.31 crore (36.09 percent) of the company’s revenue for the period ended November 30, 2025; Rs 14.64 crore (41.07 percent) in FY25; Rs 18.37 crore (nil percent) in FY24, and Rs 14.51 crore (86.67 percent) in FY23. Any adverse movement in raw material prices, procurement costs, or supply availability could directly affect margins, cash flows, and overall financial performance.
The company is substantially dependent on cashews and cashew products, which accounted for 97.82 percent of the company’s revenue for the period ended November 30, 2025; 97.49 percent in FY25; 99.99 percent for the period ended from December 21, 2023, to March 31, 2024; 96.22 percent for the period ended from April 1, 2023 to December 20, 2023, and 100 percent in FY23. This concentration exposes the business to fluctuations in demand, supply constraints, price volatility, adverse climatic conditions affecting cashew production, and changes in import/export regulations. Any adverse changes in market conditions, supply, or regulations relating to cashews may materially affect the company’s business, financial condition, cash flows, and reputation.
Delhi accounted for Rs 18.89 crore (51.23 percent) of the company’s total turnover for the period ended November 30, 2025; Rs 18.87 crore (52.96 percent) in FY25; Rs 16.20 crore (69.98 percent) in FY24, and Rs 10.28 crore (61.37 percent) in FY23. This dependence makes the business more vulnerable to region-specific disruptions such as regulatory changes, economic slowdowns, infrastructure issues, or other local disruptions affecting operations and demand in Delhi. Any loss of business from Delhi or adverse developments that impact sales in this region could negatively affect the company’s revenues and profitability.
The top supplier alone accounted for Rs 7.76 crore (26.29 percent) of the company’s total purchases for the period ended November 30, 2025; Rs 8.34 crore (30.83 percent) in FY25; Rs 2.10 crore (10.72 percent) in FY24, and Rs 3.52 crore (24.57 percent) in FY23. If this vendor reduces supply, changes terms, or stops supplying, the company may not be able to procure the required quantity or quality of material on comparable terms. Any disruption in supplies could adversely affect purchases, revenue, and results of operations.
The top customer accounted for Rs 2.80 crore (7.60 percent) of the company’s revenue for the period ended November 30, 2025; Rs 9.07 crore (25.46 percent) in FY25; Rs 10.48 crore (45.30 percent) in FY24, and Rs 9.47 crore (56.56 percent) in FY23. Any failure to retain this key client, expand the customer base, or loss of business from this customer can adversely affect the company’s business, results of operations, and financial condition.
The company reported negative cash flow from operating activities amounting to Rs 1.06 crore in FY23. Additionally, negative cash flow from investing activities amounted to Rs 0.50 crore for the period ended November 30, 2025; Rs 3.15 crore in FY25; Rs 0.39 crore in FY24, and Rs 0.63 crore in FY23. If cash flows are insufficient or turn negative again, the company may face constraints in funding operations, capital expenditure, or repayments without relying on external financing.
As of November 30, 2025, the company had outstanding financial indebtedness of Rs 14.10 crore. Failure to service or repay these loans could harm the company’s operations and financial position.
The company was incorporated on December 13, 2023, and therefore has a limited operating history as a corporate entity. This limited track record restricts the ability to evaluate its long-term performance, business sustainability, and response to changing market conditions based on historical data. Any inability to scale operations, manage costs, or navigate industry cycles as the business grows could adversely affect the company’s business and financial condition.