When was HFL founded?

HFL was founded in 1984 and raised its 1st funding round 32 years after it was founded.

Where is HFL located?

HFL is headquartered in Mumbai, India. It is registered at Office No. 03, Level 2, Centrium, Phoenix Market City,15,Lal Bahadur Shast, riRd,Kurla, Mumbai City, Mumbai, Maharashtra, India, 400070.

Which legal entities is HFL associated with?

HFL is associated with HINDUSTAN FOODS LIMITED.

How many employees does HFL have?

As of Mar 31, 2026, the latest employee count at HFL is 1646.

Is HFL a funded company?

HFL is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Dec 09, 2016.

When was the latest funding round of HFL?

HFL's latest funding was a $***** Post IPO round on 2023, with participation from 1 investor. Its primary sector is Food Processing. In India, the Food Processing sector has seen $218M in funding in 2026 to date.

What is the annual revenue of HFL?

Annual revenue of HFL is more than ₹1,000 Cr as on Mar 31, 2026

Where does HFL rank among its competitors?

HFL ranks 2nd amongst 197 active competitors, of which 11 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Pontika Aerotech, which secured an undisclosed amount in Sep, 2024.

Who are the top competitors of HFL?

HFL's top competitors include JHS Svendgaard Laboratories, Pontika Aerotech and VVF. Among them, Pontika Aerotech secured the most recent funding round in September, 2024.

HFL - 2026 Company Profile, Team, Funding, Competitors & Financials

HFL is a public company based in Mumbai (India), founded in 1984. It operates as a Contract manufacturing specialist in FMCG and leather goods with a three‑decade track record. HFL has raised an undisclosed amount in funding. The company has 197 active competitors, including 11 funded and 7 that have exited. Its top competitors include companies like JHS Svendgaard Laboratories, Pontika Aerotech and VVF.

Company Details

Contract manufacturing specialist in FMCG and leather goods with a three‑decade track record. It is a contract‑manufacturing firm that specializes in the production of fast‑moving consumer goods and leather products. The company operates under the umbrella of The Vanity Case Group and provides manufacturing services across multiple product categories. Its focus is on delivering finished goods to a broad range of brands within the FMCG and leather sectors.

Website: hindustanfoodslimited.com
Email ID: *****@thevanitycase.com
Phone Number: +91 **********
Registered Address: Office No. 03, Level 2, Centrium, Phoenix Market City,15,Lal Bahadur Shast, riRd,Kurla, Mumbai City, Mumbai, Maharashtra, India, 400070

Key Metrics

Founded Year

1984

Location

Mumbai, India

Stage

Public

Latest Funding Round

Post IPO, 2023, $*****

Investors

Nepean Capital & 4 more

Ranked

2^nd among 197 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

1,646 as on Mar 31, 2026

Investment & Acquisitions

The Kabadiwala & 3 more

Similar Companies

Greencore & 752 more

Exit Details

Public

View HFL's full profile

HFL is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
HINDUSTAN FOODS LIMITED CIN: L15139MH1984PLC316003 , India, Active	Dec 31, 1984	₹1,000+ Cr (As on Mar 31, 2026)	1049 (As on Aug 31, 2025)

HFL got listed on Jun 06, 1988.

Click here to take a look at HFL's IPO in detail

HFL has raised funding over 3 rounds. Its first funding round was on Dec 09, 2016. Its latest funding round was a Post IPO round on 2023 for $*****. 1 investor participated in its latest round. HFL has 5 institutional investors.

Here is the list of recent funding rounds of HFL:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2023	7471	Post IPO	9317	6545	5942	9543
Feb 27, 2019	8122203	Post IPO	5037812	8882358	6658340	Convergent & 1 more
Dec 09, 2016	4297590	Post IPO	6777274	3881356	4865162	Sixth Sense Ventures

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View details of HFL's funding rounds and investors

HFL's Board of Directors

HFL's board has 9 active members. Sameer Kothari is part of team and Nikhil Kishorchandra Vora, Neeraj Chandra, Sarvjit Singh Bedi, Amruta Anurag Adukia, Shrinivas Vasudeva Dempo, Sandeep Rajnikant Mehta, Ganesh Tukaram Argekar and Honey Hiranand Vazirani are independent board members.

Here is the list of HFL's board of directors:

Name	Type	Representing	Status	Duration
rcqziud	Team	-	Current	4y 7m
Nikhil Kishorchandra Vora	Independent board member	-	Current	9y 4m
{vyurvx	Independent board member	-	Current	3y 3m
kzweryf	Independent board member	-	Current	4y 1m
rn{bmdg	Independent board member	-	Current	8y 1m
fpafxtx	Independent board member	-	Current	1y 6m
cwypckj	Independent board member	-	Current	1y 8m
kom{rnd	Independent board member	-	Current	8y 3m
jcblbdt	Independent board member	-	Current	5y 3m

HFL's employee count trend

HFL has 1,646 employees as of Mar 26. Here is HFL's employee count trend over the years:

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Top competitors of HFL include JHS Svendgaard Laboratories, Pontika Aerotech and VVF. Here is the list of Top 10 competitors of HFL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	JHS Svendgaard Laboratories 1997, Delhi (India), Public	Manufacturer of oral care and FMCG products offering contract manufacturing	-	Milky Investment and Trading Company, Coeus Global Opportunities Fund ... & 6 others	59/100
2nd	HFL 1984, Mumbai (India), Public	Contract manufacturing specialist in FMCG and leather goods with a three‑decade track record	-	Nepean Capital, WestBridge Capital & 3 others	55/100
3rd	Pontika Aerotech 2017, Paonta Sahib (India), Series A	Contract manufacturer of formulations	$13.8M	India SME Investments, Vidit Healthcare & 14 others	53/100
4th	VVF 2010, Mumbai (India), Series B	Manufactures consumer goods and processed food products	$40.6M	Reliance Capital, EP-Asia & 3 others	52/100
5th	Mann Ventures 2007, Ghaziabad (India), Seed	Manufacturer of chocolates & condiments	$1.55M	Atlantic Realtors, Legend Realtors & 14 others	45/100
6th	Kjs India 2018, Hyderabad (India), Deadpooled	Contract manufacturer specializing in powder and nutraceutical supplements	-	-	45/100
7th	Betul Oil 1981, Mumbai (India), Unfunded	Contract manufacturer of sunflower oil	-	-	41/100
8th	GEM Aromatics 1915, Mumbai (India), Public	Contract based manufacturer of flavor and fragrance	-	-	40/100
9th	Neo Foods 2006, Bengaluru (India), Seed	Food processing company specializes in preserved vegetables and culinary products	$226K	PCI Solutions, Bikanna Commercial Company Limited ... & 9 others	40/100
10th	Sanand Group 1998, Indore (India), Unfunded	Manufacturer of stainless steel scourers and various household cleaning tools	-	-	39/100

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HFL has made 1 investments in companies including The Kabadiwala. HFL has also acquired 3 companies including KNS Shoetech and Reckitt Benckiser Scholl India.

Here is the list of investments & acquisitions: