Archive · 19 Aug 2025
Haldiram Plans Southward Expansion Through Acquisitions
Haldiram, a big Indian snack and sweets company, is trying to get even bigger.
They're planning to buy other food businesses, especially in South India.
They have money from an investment company called Temasek to help them.
This is because there are many other food companies competing with them.
Haldiram makes lots of different snacks and sells them in India and other countries.
Last year, they made a lot of money, but now they have to keep trying to get ahead of the competition by buying other companies and making new snacks.
Haldiram Snacks Food Pvt. Ltd, backed by Temasek, is planning to expand its presence in India, particularly in the South, through acquisitions.
The company is looking to acquire businesses in the $50 million to $200 million range.
Haldiram faces strong competition from rivals like Bikanervala and other local and global food chains.
Temasek acquired a 10% stake in Haldiram Snacks for ₹8,500 crore, valuing the company at $10 billion.
In FY24, Haldiram reported a standalone revenue of ₹6,976 crore and a net profit of ₹875 crore.
- Who
- Haldiram Snacks Food Pvt. Ltd, backed by Temasek.
- What
- Haldiram is planning acquisitions to expand its business.
- When
- The expansion plans were revealed recently following a fundraise.
- Where
- Haldiram aims to expand its presence in South India.
- Why
- To expand its presence and compete in the Indian packaged foods industry.
Haldiram
Rivals
Business Strategy
Haldiram
Haldiram is strategically investing in acquisitions.
Rivals
Increased competition in the market requires defensive strategies.
- Company
- Haldiram Snacks Food Pvt. Ltd
- Investor
- Temasek
- Acquisition Range
- $50 million to $200 million
- Temasek Investment
- 10% stake for ₹8,500 crore
- Company Valuation
- $10 billion
- FY24 Revenue
- ₹6,976 crore
- FY24 Net Profit
- ₹875 crore