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Issue Date:21 November 2017     Price in Rs. R 6500    Price in USD. $ 100
    

Panchgani, Maharashtra based  Mapro Foods Pvt Ltd is a leading regional food processing company focussed on Western India. Panchgani, a tiny hill station is really an odd place to run a successful business, but Mapro has been able to do this through single minded devotion to good quality products. In Panchgani, a trip to Mapro Farm, a large retail outlet cum restaurant, is a must in every tourist’s itinerary.

 

The company is most famous for its jams and fruit crush concentrates. It has added other products like bars and chews, squashes, and dessert toppings. In 2016, Mapro decided to go national, and also hired professionals to lead this initiative.

 

The business was founded in 1959 by Kishore Vora. The private limited company was incorporated in 1990. It has 2 directors – Mayur Vora and Rajvi Mayur Vora.

 

For the year ended Mar’16, the company reported standalone revenue of INR 980m (~USD 134m) and net profit of Rs 100m (USD 1.6m). It is a zero debt company with a free cash balance of ~USD6m.

  • Company Background
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