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Shreeji Global FMCG Limited (SHETHJI)

📊 NSE: SHETHJI 🏢 Other Agricultural Products 📅 Last Updated: 11/13/2025 15:25

📢 Recent Corporate Announcements

Shreeji Global FMCG Dispatches AGM Notice & FY26 Annual Report Links; AGM on Sept 30, 2026

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 09 Sep 2026, 07:18 PM

Shreeji Global FMCG Limited has dispatched letters containing web links to its FY 2025-26 Annual Report and AGM Notice to shareholders whose email IDs are not registered as of August 28, 2026. The 9th Annual General Meeting is scheduled for Wednesday, September 30, 2026, at 12:15 PM IST via Video Conferencing/OAVM. This disclosure is a procedural compliance filing under Regulation 36(1)(b) of SEBI LODR Regulations.

9th Annual General Meeting scheduled for September 30, 2026 at 12:15 PM IST
Meeting to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM)
Communication dispatched to shareholders with unregistered email IDs as of August 28, 2026
Disclosure submitted pursuant to Regulation 36(1)(b) of SEBI LODR Regulations, 2015

💡 Shareholders should review the FY25-26 Annual Report via the provided web link and ensure their email addresses are updated with the RTA or depository participant.

Shreeji Global FMCG Convenes 9th AGM on Sep 30, 2026; Proposes ₹0.25/Share Final Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 08 Sep 2026, 05:37 PM

Shreeji Global FMCG Limited has issued the notice for its 9th Annual General Meeting (AGM) scheduled for September 30, 2026, via video conferencing. Shareholders will vote on adopting the FY26 audited financial statements and confirming a final dividend of ₹0.25 per equity share of face value ₹10. The record date for dividend eligibility has been fixed as September 25, 2026. Additionally, the AGM agenda includes the reappointment of Whole-Time Director Mr. Vivek Kakkad and an omnibus approval for related-party transactions.

9th Annual General Meeting scheduled for September 30, 2026, at 12:15 P.M. IST
Final dividend proposed at ₹0.25 per equity share of face value ₹10 for FY26
Record date for dividend entitlement fixed as September 25, 2026
Re-appointment of Whole Time Director Mr. Vivek Kakkad, who holds 58,65,160 shares
Omnibus approval sought for related-party transactions valid for up to 15 months

💡 Track the e-voting window closing ahead of the AGM on September 30, 2026, and note the September 25, 2026 record date for dividend eligibility.

CARE Assigns 'CARE BBB; Stable / CARE A3+' Rating to Rs 25 Cr Bank Facilities of Shreeji Global

🟡 NEUTRAL ⭐ 5/10

OTHER 📅 07 Sep 2026, 01:49 PM

Shreeji Global FMCG Limited has received initial credit ratings from CARE Ratings Ltd for its Rs 25.00 crore bank facilities. The agency assigned 'CARE BBB; Stable' for Rs 5.00 crore of long-term bank facilities and 'CARE BBB; Stable / CARE A3+' for Rs 20.00 crore of long-term/short-term bank facilities. The facilities with State Bank of India include a Rs 3.93 crore ECLGS 5.0 term loan and Rs 20.00 crore cash credit limits.

CARE Ratings assigned 'CARE BBB; Stable' to Rs 5.00 crore long-term facilities.
CARE Ratings assigned 'CARE BBB; Stable / CARE A3+' to Rs 20.00 crore long-term/short-term facilities.
Total bank facilities rated aggregate to Rs 25.00 crore, primarily with State Bank of India.
The rated debt includes a Rs 3.93 crore ECLGS 5.0 term loan maturing in May 2030 and Rs 20.00 crore cash credit lines (including Rs 4.00 crore export packing credit sub-limit).

💡 Monitor the company's debt servicing capabilities and interest coverage in upcoming quarterly results as it utilizes these working capital and term loan facilities.

CARE Assigns 'CARE BBB; Stable / CARE A3+' Ratings to Shreeji Global's ₹25 Cr Bank Facilities

🟢 POSITIVE ⭐ 6/10

REGULATORY 📅 07 Sep 2026, 01:02 PM

CARE Ratings has assigned 'CARE BBB; Stable' for long-term facilities (₹5.00 crore) and 'CARE BBB; Stable / CARE A3+' for long-term/short-term bank facilities (₹20.00 crore) of Shreeji Global FMCG Limited. The rating rationale highlights SGFL's growing scale of operations with a 31% CAGR reaching ₹769.16 crore in FY26, alongside a PAT of ₹19.92 crore. The company's financial profile improved post-IPO with overall gearing dropping to 0.34x in FY26 compared to 1.03x in FY25, supported by healthy interest coverage of 8.78x.

CARE Ratings assigned 'CARE BBB; Stable / CARE A3+' ratings for bank facilities totaling ₹25.00 crore.
Total operating income grew at a 31% CAGR to ₹769.16 crore in FY26 from ₹258.11 crore in FY22.
Overall gearing improved significantly to 0.34x in FY26 from 1.03x in FY25 following its ₹85 crore IPO fundraise.
PBILDT margin stood at 4.11% with operating profit reaching ₹31.58 crore and PAT of ₹19.92 crore in FY26.
New capex for blended spices and millet flour is expected to become operational by December 2026.

💡 Track the commissioning and revenue contribution from the new blended spices and millet flour lines scheduled for December 2026, and observe whether PBILDT margins sustainably cross the 5% positive rating sensitivity threshold.

Shreeji Global FMCG Fixes September 25, 2026 as Record Date for Final Dividend

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 01 Sep 2026, 06:21 PM

Shreeji Global FMCG Limited has fixed Friday, September 25, 2026, as the Record Date to determine shareholder entitlement for the Final Dividend for FY26. The dividend remains subject to shareholder approval at the 9th Annual General Meeting (AGM) scheduled for September 30, 2026. Additionally, the Board recommended the re-appointment of Whole Time Director Vivek Kakkad, who retires by rotation. Specific dividend quantum per share was not disclosed in the filing.

Record date fixed for September 25, 2026 to determine final dividend entitlement
9th Annual General Meeting scheduled for September 30, 2026 at 12:15 P.M. via VC/OAVM
Re-appointment of Whole Time Director Vivek Kakkad recommended subject to AGM approval
Dividend payout remains subject to approval by shareholders at the upcoming AGM

💡 Investors should check the AGM notice or upcoming disclosures for the exact dividend per share amount and track the voting outcome on September 30, 2026.

Shreeji Global FMCG Fixes Sept 25, 2026 Record Date for Final Dividend; AGM on Sept 30

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 01 Sep 2026, 06:20 PM

Shreeji Global FMCG Limited held its Board Meeting on September 01, 2026, approving the Board's Report for FY26 and scheduling its 9th Annual General Meeting (AGM) for September 30, 2026. The company set Friday, September 25, 2026, as the record date for determining shareholder entitlement to the Final Dividend for FY26, subject to AGM approval. Additionally, the Board approved the re-appointment of Whole-Time Director Vivek Kakkad, who is retiring by rotation.

9th Annual General Meeting scheduled for September 30, 2026, at 12:15 PM via VC/OAVM
Record date for FY26 final dividend entitlement fixed as September 25, 2026
Approved re-appointment of Promoter & Whole Time Director Vivek Kakkad (retiring by rotation)
Board's Report for the financial year ended March 31, 2026 approved

💡 Investors seeking final dividend eligibility should ensure share ownership before the record date of September 25, 2026, and track AGM voting outcomes on September 30, 2026.

Shreeji Global FMCG: CS & Compliance Officer Jalpa Doshi Resigns Effective Aug 15, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 15 Aug 2026, 08:14 PM

Shreeji Global FMCG Limited has informed the exchange that Ms. Jalpa Doshi has resigned from the position of Company Secretary and Compliance Officer (Key Managerial Personnel), effective close of business on August 15, 2026. The resignation is attributed to professional reasons, with confirmation that there are no other material reasons. The company will need to appoint a successor to manage corporate governance and regulatory compliance.

Resignation of CS & Compliance Officer Ms. Jalpa Doshi (Membership No. A54465) effective August 15, 2026
Relieved from official duties from the close of business hours on August 15, 2026
Confirmed that there are no material reasons for resignation other than professional reasons

💡 Track the board's appointment of a new Company Secretary and Compliance Officer to ensure ongoing regulatory compliance.

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💰 Financial Performance

Revenue Growth by Segment

Total operating income grew 10.19% to INR 650.74 Cr in FY25 (Provisional) from INR 590.59 Cr in FY24. Previously, revenue grew 25.49% from INR 470.63 Cr in FY23 to INR 590.59 Cr in FY24, driven by expansion into ground spices and flours.

Geographic Revenue Split

Exports accounted for 8.89% of total sales in FY25 (Provisional), with primary markets being UAE and Malaysia. The company has a presence in more than 20 countries.

Profitability Margins

Gross and operating margins improved due to a shift toward manufacturing. PAT margin improved to 1.69% in FY25 (Provisional) from 0.88% in FY24, supported by higher EBITDA and lower finance costs following term loan repayments.

EBITDA Margin

EBITDA margin rose to 2.86% in FY25 (Provisional), a 101 bps increase from 1.85% in FY24. This improvement was primarily driven by cost optimization and a decline in raw material costs.

Capital Expenditure

Historical CAPEX was directed toward establishing two manufacturing facilities in Kherva and Kuvadava (Rajkot) to transition from grading/sorting to manufacturing ground spices and flours. Planned CAPEX is not disclosed in absolute INR Cr.

Credit Rating & Borrowing

The company holds an 'IVR BBB-/Stable/IVR A3' rating assigned by Infomerics. Borrowing costs are reflected in finance costs which decreased in FY25 due to term loan repayments.

⚙️ Operational Drivers

Raw Materials

Spices, oilseeds, grains, pulses, and wheat (for Atta). Raw material costs are a significant portion of the cost structure, though specific % per item is not disclosed.

Import Sources

Imports accounted for 3.03% of total raw material purchases in FY25, sourced from UAE, Singapore, Sri Lanka, and Vietnam.

Key Suppliers

Sourced directly from farmers and aggregators through APMCs in Gondal and Rajkot, Gujarat.

Capacity Expansion

The company operates two manufacturing facilities in Kherva and Kuvadava. Recent expansion focused on ground spices and flour manufacturing to improve margins over traditional grading/sorting.

Raw Material Costs

Profitability is highly susceptible to raw material price fluctuations. EBITDA improvement in FY25 was specifically attributed to a decline in raw material costs.

Manufacturing Efficiency

Operating cycle stood at 26 days in FY25 (Provisional), reflecting operational efficiency despite an increase from 15 days in FY24.

Logistics & Distribution

Proximity to Mundra Port (approx. 250 km) enables fast and cost-effective international distribution.

📈 Strategic Growth

Growth Strategy

The company is transitioning from low-margin grading and sorting of whole seeds to higher-margin manufacturing of ground spices and flours. It leverages its brand 'SHETHJI' and white-label arrangements to diversify revenue streams.

Products & Services

Ground spices, whole spices, seeds, grains, pulses, and wheat flour (Atta).

Brand Portfolio

SHETHJI.

New Products/Services

Recent expansion into ground spices and flours contributed to a 10.19% revenue increase in FY25.

Market Expansion

Targeting international growth with current presence in 25 countries; majority of exports currently go to UAE and Malaysia.

Strategic Alliances

Utilizes white-label arrangements alongside its own 'SHETHJI' brand to maximize facility utilization.

🌍 External Factors

Industry Trends

The food processing industry is growing but remains fragmented. There is a trend toward value-added products like ground spices and branded flours which offer better margins than raw commodities.

Competitive Landscape

Highly competitive and fragmented, consisting of small, medium, and established players in the agro-processing sector.

Competitive Moat

Moat is based on geographic advantage; units are located within 30 km of major Gujarat APMCs and 250 km from Mundra Port, providing a sustainable cost advantage in sourcing and logistics.