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February 07, 2016 3:59 AM ET

Food Products

Company Overview of Agro Tech Foods Limited

Company Overview

Agro Tech Foods Limited manufactures and markets food and food ingredients to consumers and institutional customers primarily in India. It offers refined oil under the Sundrop brand; instant popcorn, microwave popcorn, and ready to eat popcorn under the ACT II brand; bread spreads under the Sundrop Peanut Butter brand; and refined sunflower oil under the Crystal brand. The company was incorporated in 1986 and is based in Gurgaon, India. Agro Tech Foods Limited is a subsidiary of CAG–Tech (Mauritius) Limited.

Tower C

15th Floor

Building No.10

DLF Phase-II, DLF Cyber City

Gurgaon,  122002

India

Founded in 1986

Phone:

91 12 4459 3700

Fax:

91 12 4459 3799

Key Executives for Agro Tech Foods Limited

Chief Executive Officer, President and Member of Risk Management Committee
Age: 55
Total Annual Compensation: $24.4M
Compliance Officer, Company Secretary, Member of Share Transfer Committee and Member of Risk Management Committee
Total Annual Compensation: $2.9M
Vice President of Manufacturing, Whole-Time Director, Member of Share Transfer Committee and Member of Risk Management Committee
Age: 62
Total Annual Compensation: $2.6M
Compensation as of Fiscal Year 2015.

Agro Tech Foods Limited Key Developments

Agro Tech Foods Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015

Agro Tech Foods Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, net sales/income from operation was INR 2,022.0 million against INR 1,951.2 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 115.2 million against INR 120.5 million a year ago. Profit from ordinary activities before tax was INR 95.0 million against INR 117.2 million a year ago. Net profit was INR 64.2 million or INR 2.63 per basic and diluted share against INR 93.9 million or INR 3.85 per basic and diluted share a year ago. For the nine months, net sales/income from operation was INR 5,827.2 million against INR 5,709.9 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 279.3 million against INR 276.9 million a year ago. Profit from ordinary activities before tax was INR 244.3 million against INR 266.5 million a year ago. Net profit was INR 161.4 million or INR 6.62 per basic and diluted share against INR 227.0 million or INR 9.31 per basic and diluted share a year ago.

Agro Tech Foods Limited to Report Q3, 2016 Results on Jan 21, 2016

Agro Tech Foods Limited announced that they will report Q3, 2016 results on Jan 21, 2016

Agro Tech Foods Limited, Board Meeting, Jan 21, 2016

Agro Tech Foods Limited, Board Meeting, Jan 21, 2016. Agenda: To consider and take on record the unaudited financial results for the quarter ended December 31, 2015.

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