Company Background and History

Jeyyam Global Foods Limited was incorporated as Kichoni Online Services Private Limited on March 24, 2008, as a Private Limited Company issued by Registrar of Companies Chennai with the object to collect and sell data online. The Company name was changed to 'Jeyyam Products Private Limited' vide Fresh Certificate of Incorporation upon Change of Name dated June 18, 2009, issued by Registrar of Companies, Chennai. Subsequently, shareholders passed a Special Resolution in February 2015 to change the Object Clause of the MOA to focus on manufacturing, processing, and trading of Pulses, Food grains, etc., and changed the name to 'Jeyyam Global Foods Private Limited'. The Company converted into a Public Company, and its name was officially changed to Jeyyam Global Foods Limited' effective from May 23, 2023.

The company's shares were listed on the NSE SME on September 9, 2024. On its listing day, Jeyyam Global Foods shares traded at Rs 62.50 on the NSE, a premium of 2.46% compared to the issue price of Rs 61.

Business Operations and Products

Jeyyam Global Foods specializes in manufacturing and supplying Bengal Gram (locally known as Chana), Fried Gram, and Besan Flour. Their products cater to a wide range of markets including distributors, large retailers, hotels, restaurants, caterers, branded supermarkets, and wholesalers. The company markets its processed products under the brand name "Jeyyam". It holds a significant 13% market share in the Indian Fried Gram market.

The company's product portfolio includes:

- Jeyyam Fried Gram (split) / Jeyyam Fried Gram (whole)

- Standard Fried Gram (split) / Standard Fried Gram (whole)

- Leader Gram Flour

- Ponni Gram Flour

The company is also preparing to expand into the B2C segment, offering spices and masalas, ready-to-cook and ready-to-eat foods, salt, sugar, soya, and vermicelli.

Jeyyam Global Foods has established manufacturing facilities in strategic locations. Production commenced at the Deevatipatti factory in Salem in 2015, followed by the opening of a plant in Andhra Pradesh in 2020. Both factory locations are FSSAI licensed and adhere to ISO 9001:2015 and ISO 22000:2018 standards. The Salem facility has obtained ISO Certification.

Market Position and Brand

The "Jeyyam" brand is recognized for its quality, having earned the trust and loyalty of distributors, retailers, and customers through complete transparency. The company places a strong emphasis on quality assurance throughout its operations, from procurement and processing to packaging, ensuring adherence to the highest standards. Its robust manufacturing facilities and efficient supply chain enable it to deliver products that meet evolving customer needs.

Financial Performance

Latest Financial Results (FY25)

As of May 28, 2025, the audited FY25 results were approved. The company reported a revenue of Rs 76,240 Lakh (₹762.40 Crore) and a profit of Rs 2,208 Lakh (₹22.08 Crore) for FY25, with a clean audit opinion and no deviation in IPO fund utilization.

Historical Performance

For the fiscal year ending March 31, 2024, the company recorded revenue from operations of Rs 629.81 Crore and a net profit of Rs 15.09 Crore. Between FY2023 and FY2024, Jeyyam Global Foods Limited saw a significant increase in revenue by 65% and profit after tax (PAT) by 92%.

Key Financial Metrics:

- Revenue Growth: Increased from Rs 253.88 Crore (FY22) to Rs 382.17 Crore (FY23) and further to Rs 629.81 Crore (FY24).

- Profit Growth: Rose from Rs 4.37 Crore (FY22) to Rs 15.09 Crore (FY24).

Market Capitalization and Valuation

Jeyyam Global Foods Ltd has a market capitalization of ₹171 Crore (as of March 31, 2024). Slightly varying figures are reported, with ₹188 Cr as of July 25, 2025, and ₹173.36 Cr as of April 30, 2025.

The P/E (price-to-earnings) ratio is 11.49. The company's 52-week high share price is Rs 69.90, and its 52-week low share price is Rs 34.25.

Workforce and Corporate Structure

As of March 31, 2024, the company employs 155 permanent employees.

- Chairman: (Information not explicitly provided in source)

- Managing Director: Amit Agarwal

Promoters: Mr. Shripal Veeramchand Sanghvi, Mr. Amit Agarwal, Mrs. Sujathaa Mehta, Shanti Guru Industries Limited, Mrs. Sarika Ssangavi, M/s. Shripal Sanghvi HUF, and M/s. Mahipal Sanghvi HUF.

Stock Exchange Listing and Trading

- BSE Scrip Code: 93011

- NSE Symbol: JEYYAM

- ISIN Code: INE0RXB01022

- Sector: Agri and agri inputs

- Classification: Small Cap company (as per Value Research)

The company is classified within the Agricultural and Agri inputs sector and trades on both NSE and BSE exchanges.

Future Expansion Plans

Jeyyam Global Foods has outlined strategic expansion plans funded through its IPO proceeds:

- Working Capital Requirements: INR 35 Crores from IPO proceeds will be utilized to meet increasing working capital demands, supporting ongoing and future operations.

- Capital Expenditures: INR 19 Crores from IPO proceeds are allocated for:

- INR 9 Crores for constructing a new manufacturing unit in Salem.

- INR 5 Crores for establishing two Bengal Gram processing units in Maharashtra.

- INR 5 Crores for an integrated unit in Madhya Pradesh.

Jeyyam Global Foods represents a focused player in the Indian chana processing industry, possessing an established market presence, quality certifications, and growth-oriented expansion plans across multiple Indian states.