Multibagger Penny Stock Under Rs 15: Company Bags Export Order Worth USD 5.84 Million; Promoter Holds 54.81 Per cent Stake

The company’s shares have delivered an impressive return of over 125 per cent in the past year.

Sarveshwar Foods Ltd, a leading supplier of premium Basmati rice in India, has secured a significant export order from I SIFOL LLC, a prominent U.S.-based distributor. The order entails supplying 5,350 Metric Tons (MT) of Basmati rice valued at USD 5.84 million (approximately Rs 498 million).

Established in 2008 in New York, I SIFOL LLC is a distinguished brand representative and distributor with a strong national network across the U.S., serving over 1,000 ethnic retail outlets and 1,500 ethnic restaurants. The company is also expanding into mainstream supermarkets and club stores. Known for its commitment to excellence, I SIFOL operates in full compliance with U.S. regulatory standards, including those set by the USDA, FDA, state agencies, and major port authorities. Its products undergo rigorous compliance testing through FDA-approved food laboratories.

Sarveshwar Foods Ltd, incorporated in 2004 and part of the Sarveshwar Group, specializes in manufacturing basmati rice and other products. Based in Jammu and Kashmir, the company processes and markets both branded and unbranded basmati and non-basmati rice for domestic and export markets. Today, the company announced that it has secured a significant order.

Share Performance

Currently, the shares of Sarveshwar Foods Ltd are trading at around Rs 10.21 per share on the BSE. The current market capitalization stands at Rs 999.37 crore. The company’s shares have delivered an impressive multibagger return of around 125 per cent in the past year.

Financial Performance

As per the Quarterly Results, in Q2 FY25 Sarveshwar Foods Ltd reported a revenue of Rs 271.31 crore compared to Rs 205.22 crore representing a gain of around 32.20 per cent YoY. The company posted an operating profit of Rs 20.82 crore with a margin of around 7.67 per cent compared to Rs 14.02 crore with a margin of around 6.83 per cent. The company reported a net profit stood at Rs 8.14 crore for the period compared to a profit of Rs 4.83 crore.

Investors must keep this penny stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.