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DFM Foods Ltd.

BSE: 519588 | NSE: DFMFOODS |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE456C01020 | SECTOR: Food Processing

BSE Live

Dec 03, 16:00
273.95 0.30 (0.11%)
Volume
AVERAGE VOLUME
5-Day
11,977
10-Day
13,588
30-Day
14,348
13,021
  • Prev. Close

    273.65

  • Open Price

    274.00

  • Bid Price (Qty.)

    273.50 (80)

  • Offer Price (Qty.)

    274.95 (5)

NSE Live

Dec 03, 15:59
274.70 1.95 (0.71%)
Volume
AVERAGE VOLUME
5-Day
85,139
10-Day
93,272
30-Day
95,276
72,707
  • Prev. Close

    272.75

  • Open Price

    272.90

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

Company History - DFM Foods
DFM FOODS LIMITED was incorporated in the state of Delhi on 17th
 March, 1993 as a Public Ltd. Company.  The Company obtained the
 certificate for commencement of business on 31st March, 1993.
 
 DFM Foods Ltd. has been promoted by The Delhi Flour Mills Co.Ltd.,
 Shri R.P. Jain and Shri Mohit Jain.  The Company was incorporated
 with the object of engaging in Flour Milling and manufacture of snack
 food products.
 
 The Company has since purchased two undertakings namely Jawala Flour
 Mills and Flavour Foods Division as running concerns from the
 promoter Company The Delhi Flour Mills Co.Ltd. The present installed
 capacity at Jawala Flour Mills and Flavour Foods Division is 1,50,000
 tpa and 2808 tpa respectively.
 
 Jawala Flour Mills was originally owned by Dhanpat Mal Jawala Dass, a
 partnership firm. In the year 1989, the promoter Company The Delhi
 Flour Mills Co.Ltd. purchased the said mill from them and
 subsequently, in the year 1990-91 extensively modernized it.
 
 The Flavour Foods Division which is engaged in the manufacture of
 extruded Snack Foods was established by The Delhi Flour Mills Co.Ltd.
 in the Year 1984.  These undertakings have been transferred to DFM
 Foods Ltd. w.e.f. 1st October, 1993. The performance of these
 divisions till the time they were spun off is as under :
 
 PRESENT BUSINESS OF THE COMPANY
 
 The company is engaged in the business of Flour Milling and Extruded
 Snack Foods.
 
 Flour Milling
 
 The Flour Milling industry is an old established industry in the
 country. The industry consists of about 600 mills located all over
 the country with an estimated installed capacity of about 10 million
 tonnes per annum. Wheat is the only raw material and the industry
 processes wheat into wheat products such as maida, rawa/suji, atta
 and bran.
 
 Maida, which is the principal product of the industry is used by the
 bakery industry for the manufacture of bread, biscuit, confectionery
 and various other bakery products. Besides the industrial use of
 maida by the bakery sector there is a fair amount of direct household
 consumption as well.
 
 Rawa/Suji is mainly used by the household sector and there is an
 increasing usage in the industrial sector for the manufacture of
 pasta products such as vermicelli, noodles etc.
 
 Atta is consumed by the household sector as well as by the
 restaurants, hotels and dhabas. Atta is the staple cereal diet in
 North India.
 
 Bran is used by the dairy industry as feed for the livestock.
 
 The growth in demand for wheat products is dependent on increasing
 urbanization as this creates a larger demand for convenient foods
 such as bakery products. The availability of wheat is governed by the
 agro climate conditions and can become a constraining factor in
 inhibiting increase in demand. However, the current position of wheat
 availability is very comfortable and this is reflected by overflowing
 wheat stocks
 with the Food Corporation of India and a record wheat harvest in
 1994. Therefore, with the easy availability of wheat for the next few
 years, increasing urbanization, and rising income levels, the demand
 for the flour milling industry is expected to grow rapidly in the
 future.
 
 The company is advantageously placed to exploit the increasing
 demand, as it is located in a large metropolitan city which itself
 has a huge demand, is also located in the wheat growing belt, which
 provides easy access to raw materials and being located in Delhi can
 also serve other markets all across the country. This is because
 Delhi is the major trading centre for wheat products for up country
 sales.
 
 Extruded Snack Foods
 
 The promoter company was the pioneer in the introduction of the
 Extruded Snack Foods in the Indian market. Over the last 10 years it
 has invested heavily in establishing its brand names like CRAX,
 NATKHAT, WIZZ in the market. The consumers of the extruded snack
 foods are largely children in the urban areas.
 
 The Extruded Snack Food industry is still in its infancy and consists
 of about 10 plants located in different parts of the country. The
 marketing and distribution systems are critical in this industry and
 its growth is dependent on increasing urbanization and rising income
 levels. It faces competition from other snack foods such as potato
 chips and other children products both in the organized and
 unorganized sector.  The
 promoter company, over the last 10 years has firmly established its
 brands in the market, has developed a strong distribution and sales
 organization to serve the North Indian markets and has also developed
 expertise in the marketing of these products. All these are being made
 available to the company and it is therefore advantageously placed to
 further expand the sales of these products. Further growth will also
 depend on the introduction of new products which too the company is
 in a
 strong position to do so. With increasing urbanization, rising income
 levels and changing life styles the company is confident of exploiting
 future increase in demand.
 
 SUBSIDIARIES
 
 The Company does not have any subsidiary as on date.
 
 
 2009
 
 -Mr. Rohan Jain has been co-opted as a Director on the Board of the
 Company.
 
 2010
 -DFM Foods Ltd  have declared the dividend @ 15% on paid up share
 capital of the Company.
 
 2011
 -DFM Foods Ltd have recommended the payment of dividend @ 20% on the
 equity shares of Rs. 10/- each.
 
 2012
 -DFM Foods Ltd have recommended a dividend of Rs. 2.50 per equity
 share of Rs. 10/- each.
 
 2013
 -DFM Foods Ltd. wins BT-YES Bank Star SME (Medium) & Star SME
 Agriculture (Medium) awards.
 -DFM Foods Ltd has informed regarding DFM Foods Ltd. launches CRAX
 Krunchoids.
 
 2014
 -DFM Foods Ltd have recommended the payment of dividend of Rs. 2.50
 per fully paid up equity shares of Rs. 10/- each.