šŸ’° Financial Performance

āš™ļø Operational Drivers

Raw Materials

Raw spices and condiments (e.g., chili, turmeric, coriander, cumin) used for 'Kitchen Masale' production. Specific percentage of total cost not disclosed in available documents.

šŸ“ˆ Strategic Growth

Growth Strategy

The company focuses on the 'Kitchen Masale' segment, leveraging its manufacturing facility in Chomu, Jaipur, to cater to the branded spice market. Growth is supported by the transition of shares to 100% dematerialized form as of Q3 FY26, facilitating easier trading and capital market participation.

Products & Services

Kitchen Masale (packaged spices) and various spice blends.

Brand Portfolio

Shyam Dhani, Shyam Spices, Kitchen Masale.

šŸŒ External Factors

Industry Trends

The Indian spice industry is evolving from unbranded loose sales to branded, packaged products due to rising hygiene awareness. The company is positioned in the branded 'Kitchen Masale' segment to capture this shift toward organized retail and standardized quality.

Competitive Moat

The company maintains a regional competitive advantage through its established manufacturing presence in Rajasthan and its 'Shyam Spices' brand identity. Sustainability is driven by the 100% dematerialization of equity, indicating a modernized corporate structure.

Consumer Behavior

Increasing consumer preference for branded and packaged spices over loose alternatives is driving demand for the company's Kitchen Masale products.

āš–ļø Regulatory & Governance

Industry Regulations

Compliance with food safety standards and manufacturing regulations for spice processing at the Jaipur facility. The company maintains compliance with SEBI (Depositories and Participants) Regulations, 2018, specifically Regulation 74(5).

āš ļø Risk Analysis

Geographic Concentration Risk

High geographic concentration with the primary manufacturing facility and registered office located in Jaipur, Rajasthan.

Third Party Dependencies

Dependency on Bigshare Services Private Limited for registrar and share transfer agent services.