Newtrac Foods & Beverages Limited (NEWTRAC)
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Newtrac Foods & Beverages Limited Profile
| - Industry | - Sector | - CEO | MSE Exchange | INE229N01010 ISIN |
| India Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Newtrac Foods & Beverages Limited is an Indian company that was established in 1985 and is based in Mumbai. Originally involved in the textile manufacturing sector, the company specialized in activities such as bleaching, dyeing, printing, and knitting a variety of fabrics, which included materials like acrylic, polyester, cotton silk, and wool. Over time, Newtrac has shifted its focus towards the trading of agricultural commodities, particularly organic products. These include items like fennel seed, cumin (jeera), cotton, and turmeric. The company primarily serves regional merchants through offline channels, leveraging its strong presence in the spices market of Mumbai. Despite the implication of its name, Newtrac does not engage significantly in food and beverage manufacturing; its core operations lie in commodity trading. The leadership of the company features CEO Vishal Kelkar, who oversees a business with a moderate market capitalization, deeply rooted in the intertwined realms of textile mill products and agricultural commodity trading.
Products and Services
- Fennel Seed: Known for its aromatic quality, fennel seeds are traded in bulk by Newtrac. The company focuses on supplying organic fennel seeds to meet the growing demand in the market, catering primarily to regional merchants looking for quality products.
- Cumin (Jeera): Cumin is a staple spice in many cuisines, and Newtrac offers bulk trading of organic cumin. The company prides itself on sourcing high-quality cumin that is favored by local merchants and restaurants alike.
- Cotton: A critical raw material, cotton is part of Newtrac's trading portfolio. The company delivers organic cotton to regional textile businesses, thus maintaining a connection to its roots in textile manufacturing.
- Turmeric: With its numerous health benefits and culinary uses, turmeric has become a significant part of Newtrac's trading activities. The company provides organic turmeric, ensuring quality for merchants seeking to stock this essential spice.
