Food Processing • Packaged spices and foods

Empire Spices and Foods Limited is a public limited company based in Nashik, Maharashtra. It makes and sells packaged spices and foods. Its annual report shows sales of whole spices, blended masala, pickle, papad, pastes and compounded asafoetida, and it buys pulses, oils and grains as raw materials. Almost all of its sales are manufactured products. Export sales are tiny, at ₹13.19 lakh in FY26. The numbers below are from the company's standalone financial statements, which the report states in ₹ lakh. Revenue from operations was ₹36,346.53 lakh in FY26, against ₹31,279.08 lakh in FY25. Profit for the year was ₹1,855.37 lakh, against ₹1,557.20 lakh. Earnings per share were ₹38.33 against ₹32.17. Net worth stood at ₹12,779.93 lakh and total assets at ₹19,977.62 lakh on 31 March 2026. The company spends heavily on selling its products. Advertisement and marketing expenses were ₹4,286.35 lakh in FY26, up from ₹3,022.53 lakh. Employee benefit expenses were ₹3,540.91 lakh. Borrowings are falling. The debt equity ratio in the report is 0.22 against 0.34 a year earlier, and finance costs dropped to ₹273.86 lakh from ₹458.88 lakh. The company has 4,840,630 equity shares of face value ₹10 each, and the count did not change in the year. It is owned by the Rathi family. The report lists Mrs Kanta Hemant Rathi (14.59%), Mrs Aparna Umesh Rathi (14.21%) and Mr. Hemant Motilal Rathi (13.84%) among the holders of more than 5% of shares. The company is unlisted and has no linked IPO on IPO Guru yet. Unlisted shares of a company like this trade off-market between private buyers and sellers, not on a stock exchange. The indicative price on IPO Guru is ₹550 per share with a lot size of 100 shares, which implies a market cap of about ₹266.23 crore. Prices are indicative and can differ from a real deal.
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Data refreshed 08 Nov 2026, 06:30 pm IST.