Mumbai: Sarveshwar Foods Limited has won a significant export order worth Rs.63.1 crore from Singapore-based Swan International Pte Ltd. This order covers the supply of multiple varieties of premium Indian parboiled rice. The order has come through the company and its subsidiary, Sarveshwar Overseas Ltd, through four export contracts.
Swan International is a leading Singapore-based foodgrain supplier that offers end-to-end services including storage, warehousing, processing, transportation and supplying produce.
This is a major breakthrough order for Jammu-based Sarveshwar Foods, which currently supplies high-quality, packaged basmati and other varieties of rice through its own brands for domestic and international customers.
“Securing export orders of this scale from a reputed international buyer is a strong validation of our global competitiveness, supply chain strength, and uncompromising quality standards. This deal accelerates our growth trajectory in high-margin export markets. These contracts are a testament to our long-term relationships, execution capabilities, and our brand’s growing equity in the international marketplace. With rising global demand for Indian rice, we are confident of building upon this momentum to scale newer milestones”, Mrs. Seema Rani (Director- International Business), Sarveshwar Foods Limited, said.
The company, listed on the NSE Emerge platform, has been growing strongly lately, with its revenues increasing 31% to Rs.1,136 crores in FY25. Collaborating with more than 14,000 farmers across Jammu and Kashmir, Uttar Pradesh, Haryana and Punjab, the company processes rice varieties for export to more than 25 countries. With orders like this and a relatively strong business outlook, investors are now looking at this small cap stock with renewed enthusiasm.
Following the announcement, Sarveshwar Foods shares rose 4% to Rs.7.49 at 11.40 am on September 15.
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