Shreeji Global FMCG benefits from its strategic presence in Gujarat’s agriculturally rich regions of Rajkot and Gondal. The company claims to have direct licensing and operations within APMCs, enabling efficient sourcing of key raw materials. Its processing facilities are located near these markets and approximately 250 kilometres from Mundra Port, providing logistical advantages for both domestic procurement and exports.
The company operates in the spice and agri-commodities sector, which continues to see steady demand in both domestic and global markets. It claims to have developed flexible sourcing and processing systems that allow it to adjust production volumes based on changing demand and raw material availability. This adaptability supports business continuity and operational efficiency.
The company offers a broad product range, including whole and ground spices, pulses, grains, oilseeds, and flour. This diversified portfolio allows it to cater to different consumer segments and mitigate risks associated with demand fluctuations.
The company serves a wide mix of customers, including retailers, wholesalers, corporate clients, and export buyers. It claims to offer flexible packaging solutions ranging from 20 grams to 30 kilograms, catering to both retail and bulk requirements.
The company has reported a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 467.28 crore in FY23 to Rs 588.22 crore in FY24 and Rs 648.92 crore in FY25. PAT increased from Rs 2.05 crore in FY23 to Rs 5.47 crore in FY24 and Rs 12.15 crore in FY25.
Shreeji Global FMCG’s business is heavily dependent on the availability and pricing of agricultural raw materials such as spices, seeds, grains, pulses, and wheat. These commodities are subject to fluctuations driven by seasonal crop cycles, weather conditions, pest infestations, government policies, and global demand-supply dynamics. Any sustained increase in raw material prices or disruption in availability could adversely affect the company’s production, margins, and overall financial performance.
Shreeji Global FMCG generates a substantial portion of its sales from Gujarat. It accounted for Rs 166.26 crore of the company’s total sales in the period ended August 31, 2025; Rs 504.89 crore in FY25; Rs 453.57 crore in FY24; and Rs 383.37 crore in FY23. This concentration exposes the company to regional economic, political, and social developments in Gujarat that could impact its operations and financial results.
The company derives a substantial portion of its revenue from the whole seeds segment. It accounted for 85.54 percent of the company’s total revenue for the period ended August 31, 2025. 94.92 percent in FY25, 98.79 percent in FY24, and 99.49 percent in FY23. A decline in production, procurement challenges, or market disruptions affecting the whole seeds segment could materially impact the company’s revenue, profitability, and overall financial condition.
The company relies heavily on third-party transportation service providers for the movement of raw materials and finished goods. Logistics handled by third parties amounted to Rs 1.72 crore (82.21 percent) of the company’s logistic costs for the period ended August 31, 2025; Rs 2.94 crore (50.82 percent) in FY25; Rs 4.89 crore (84.50 percent) in FY24; and Rs 1.67 crore (27.26 percent) in FY23. Any delay, capacity constraint, labour dispute, or breach of obligation by these third-party transporters could disrupt supply chains, increase logistics costs, and adversely affect the company’s operations and financial performance.
The company, its promoter, and group companies are involved in certain ongoing legal proceedings, including criminal and tax-related disputes. Any adverse judgment in any of these cases could hurt the company’s business prospects.
As of FY25, the company had trade receivables of Rs 51.47 crore, an slight increase from Rs 50.36 crore in FY24 and a huge increase from Rs 17.92 crore in FY23. Failure to collect these receivables on time or at all can hurt the company’s business and finances.
Shreeji Global FMCG operates in a sector where product demand fluctuates with seasonality, consumer preferences, and market dynamics. The company’s inability to accurately forecast demand and manage inventory levels may result in overstocking, leading to higher storage costs and product wastage, or understocking, causing missed sales opportunities and customer dissatisfaction. Any inefficiencies in demand forecasting or inventory management could materially impact the company’s margins, working capital, and overall financial performance.
The top five customers accounted for Rs 121.41 crore (48.48 percent) of the company’s total revenue in the period ended August 31, 2025; Rs 142.25 crore (21.90 percent) in FY25; Rs 205.03 crore (34.86 percent) in FY24; and Rs 184.25 crore (39.43 percent) in FY23. Failure to retain these key customers, expand the customer base, or loss of business from these clients can hurt the company’s profits.
The top 10 suppliers accounted for 63.05 percent of the company’s total purchases for the period ended August 31, 2025, 31.43 percent in FY25, 45.69 percent in FY24, and 50.35 percent in FY23. Any loss of a major supplier, inability to procure raw materials at competitive prices, or disruption in supplier relationships could adversely impact the company’s raw material costs, profitability, and overall business operations.
The company reported negative cash flow from operating activities amounting to Rs 0.17 crore in FY25, Rs 5.65 crore in FY24, and Rs 5.78 crore in FY23. Continued negative cash flows could constrain the company’s ability to fund operations, meet debt obligations, or invest in expansion initiatives, potentially hurting its finances and long-term business sustainability.
As of August 31, 2025, the company had outstanding financial indebtedness amounting to Rs 30.12 crore. Any failure to service or repay these loans can harm the company’s operations and financial position.