Balaji Wafers

Rajkot, India Founded: 1974 • Age: 52 yrs
Balaji Wafers is engaged in manufacturing and distributing snacks.
Annual revenue $648.8M Latest available
Total funding - 1 rounds
Employees 1932 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 7 Brand Intelligence

About Balaji Wafers

Balaji Wafers is a company based in Rajkot (India) founded in 1974 by Kanubhai Virani, Bhikhubhai Virani, and Chandubhai Virani. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. The company has 1,932 employees as of December 29, 2024. Balaji Wafers offers products and services including Wafers, Namkeen, Western Snacks, Noodles, and Confectionery. Balaji Wafers operates in a competitive market with competitors including Yellow Diamond, Too Yumm, Cornitos, Avadh and KBZ FOOD, among others.

  • Headquarter Rajkot, India
  • Employees 1932 as on 29 Dec, 2024
  • Founders Kanubhai Virani, Bhikhubhai Virani, Chandubhai Virani
  • Sectors
    Consumer
  • Email
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  • Legal Name Balaji Wafers Private Limited
  • Date of Incorporation 22 Sep, 1995
  • Jurisdiction Rajkot, Gujarat, India
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $648.75 M (USD)
    10.84
    as on Mar 31, 2024
  • Net Profit
    $67.62 M (USD)
    41.37
    as on Mar 31, 2024
  • EBITDA
    $99.82 M (USD)
    31.72
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1932

    as on Dec 29, 2024

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Products & Services of Balaji Wafers

Balaji Wafers offers a comprehensive portfolio of products and services, including Wafers, Namkeen, Western Snacks, Noodles, and Confectionery.

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Primary

Potato-based wafers are offered in various flavors.

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Traditional Indian snacks are provided with unique tastes.

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International snack varieties are made for diverse preferences.

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Instant noodles are produced for quick meal options.

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Sweet treats are crafted for all age groups.

People of Balaji Wafers

Headcount 1000-5000
Employee Profiles 1
Employee Profiles
People
Ketan Sharma
Chief Financial Officer

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Teams

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Funding Insights of Balaji Wafers

Investors in Balaji Wafers

Balaji Wafers has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include General Atlantic.

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Venture Fund
Investor Description Founded Year Domain Location
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Investor details for Balaji Wafers

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Investments & Acquisitions by Balaji Wafers

Investments
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Investment portfolio details for Balaji Wafers

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Financial Statements - Balaji Wafers

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Detailed financials for Balaji Wafers

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Balaji Wafers Comparisons

Balaji Wafers Primary company
Description
Balaji Wafers is engaged in manufacturing and distributing s...
Location
Rajkot, India
Founded Year
1974
Annual Revenue
$648.75 M (USD)
Net Profit
$67.62 M (USD)
EBITDA
$99.82 M (USD)
Employees
1,932
As of 2024
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Peer comparison for Balaji Wafers

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Competitors of Balaji Wafers

Balaji Wafers operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yellow Diamond, Too Yumm, Cornitos, Avadh and KBZ FOOD, among others.

Company Name Domain Founded year HQ Location Description
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Manufactures and sells package snacks like chips, savouries and puffs
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Provides healthy snack options including potato chips, multigrain chips, and noodles for consumers.
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Multi-category snacks with corn-based products are provided.
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Private label namkeen and savory snacks are manufactured by Avadh.
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Manufacturer of healthy snack products, including potato chips, wafers, and other namkeen items
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Detailed competitors of Balaji Wafers

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Latest news on Balaji Wafers

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Complete news archive for Balaji Wafers

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Frequently Asked Questions about Balaji Wafers

Balaji Wafers was founded in 1974 and raised its 1st funding round 52 years after it was founded.

Balaji Wafers is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.

As of Dec 29, 2024, the latest employee count at Balaji Wafers is 1,932.

Annual revenue of Balaji Wafers is $648.75M as on Mar 31, 2024.

Balaji Wafers is involved in the production and distribution of a wide range of snack products, including wafers, namkeen, western snacks, noodles, and confectionery. The company operates within the food and beverage sector, focusing on packaged snacks. Fully automated factories are utilized to ensure quality and innovation in their offerings. Solutions are tailored to meet diverse consumer preferences, from traditional Indian flavors to international tastes. Community support for farmers and distributors is emphasized as part of their operational ethos.

Balaji Wafers's top competitors include Yellow Diamond, Cornitos and Too Yumm.

Balaji Wafers offers Wafers, Namkeen, Western Snacks, Noodles, and Confectionery.

Balaji Wafers has 1 investor. Key investors include General Atlantic.

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