Multibagger penny stock under Rs 10: Rice company bags export orders worth Rs 96,00,00,000 from Singapore

Sarveshwar Foods Limited (SFL) has recently secured two significant export orders from Singapore, signalling its expanding global presence. The company announced a Rs 32.9 crore order from Monarda Commodities Pvt Ltd and another major contract worth Rs 63.10 crore from Swan International Pvt Ltd. These agreements, both for the supply of various rice varieties, highlight SFL's growing international reputation and its role in reinforcing India's leadership in the agricultural commodities market. With a history spanning over 130 years, the company's commitment to quality and sustainability continues to attract global buyers.

This recent success is supported by SFL's strong financial footing. The company successfully completed a Rights Issue, which was oversubscribed by 1.35 times, raising approximately Rs 149.95 crore. This overwhelming response from shareholders underscores their confidence in SFL's future growth trajectory. The funds from the rights issue are intended to be used for working capital and general corporate purposes, further strengthening the company's financial base as it focuses on becoming a renowned name in the food and FMCG sector.

SFL’s ability to secure these large contracts is a testament to its trusted quality standards, which are backed by international certifications such as ISO 22000:2018, USFDA and BRC. These certifications ensure that its diverse product portfolio meets stringent global requirements. The company's consistent growth momentum, from successful fundraising to securing major international deals, demonstrates its strategic focus on expanding its international footprint and delivering value on a global scale.

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About the Company

Sarveshwar Foods Limited (SFL), an ISO 22000:2018, USFDA and BRC-certified company, specialises in manufacturing, trading, processing and marketing branded and unbranded basmati and non-basmati rice globally. With over 130 years of heritage, SFL, based in Jammu and Gandhidham, also offers a range of "NIMBARK" organic products, grown without artificial fertilisers in the Himalayan foothills. SFL utilises a multi-channel sales strategy, including conventional distribution, proprietary retail outlets and e-commerce platforms like Amazon and Flipkart.

According to Quarterly Results, the net sales increased by 29.3 per cent to Rs 301.35 crore and net profit increased by 127.5 per cent to Rs 7.02 crore in Q1FY26 compared to Q1FY25. In FY25, net sales increased by 31 per cent to Rs 1136.23 crore and net profit increased by 60 per cent to Rs 26.92 crore compared to FY24.

The company has a market cap of over Rs 800 crore and has delivered good profit growth of 36.3 per cent CAGR over the last 5 years. The stock is up by 28 per cent from its 52-week low of Rs 5.63 per share and has given multibagger returns of 1,970 per cent in 5 years.

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