India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#253- Valuation
- ₹22,880 Cr
2023 #242 2022 #299 2021 #344
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About Balaji Wafers
Balaji Wafers is a Consumer company based in Rajkot (India) founded in 1974 by Kanubhai Virani, Bhikhubhai Virani, and Chandubhai Virani. Balaji Wafers is engaged in manufacturing and distributing snacks. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. The company has 1,932 employees. Its website balajiwafers.com draws about 54 thousand monthly visits. Its Indian entity Balaji Wafers Private Limited reported revenue of ₹6,548 Cr. Balaji Wafers offers products and services including Wafers, Namkeen, Western Snacks, Noodles, and Confectionery. Its focus areas include Food & Beverage, Snacks and Packaged Snacks. Its competitors include Yellow Diamond, Too Yumm and Cornitos; 2 of its 3 listed competitors have raised funding.
Company details
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.
Recognitions & Rankings of Balaji Wafers
- Headquarters Rajkot, India
- Employees 1,932
- Founders Kanubhai Virani, Bhikhubhai Virani, Chandubhai Virani
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website balajiwafers.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Balaji Wafers Private Limited
- Date of Incorporation 22 Sep, 1995
- Jurisdiction Rajkot, Gujarat, India
Operational Areas
Key Metrics
- Annual Revenue₹6,548 Cr
FY 2025 · +18% YoY
- Net Profit₹291 Cr
FY 2025 · 4% margin
- EBITDA₹597 Cr
FY 2025 · 9% margin
- Investors
- Employee Count1,932
Associated legal entities of Balaji Wafers
Balaji Wafers operates through Balaji Wafers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Balaji Wafers Private Limited CIN U15400GJ1995PTC027555 | Active | 22 Sep 1995 | Rajkot, Gujarat | ₹6,548 Cr | 1,932 | 10 | View details |
Products & Services of Balaji Wafers
Balaji Wafers offers a comprehensive portfolio of products and services, including Wafers, Namkeen, Western Snacks, Noodles, and Confectionery.
Wafers
Snacks
Potato-based wafers are offered in various flavors.
Namkeen
Snacks
Traditional Indian snacks are provided with unique tastes.
Western Snacks
Snacks
International snack varieties are made for diverse preferences.
Noodles
Food
Instant noodles are produced for quick meal options.
Confectionery
Sweets
Sweet treats are crafted for all age groups.
Apps and channels of Balaji Wafers
its YouTube channel Balaji Wafers has 18.2K subscribers and 26 videos.
Balaji Wafers
Open channelVideos from Balaji Wafers
The most watched videos on Balaji Wafers's YouTube channel, Balaji Wafers (18.2K subscribers). Click a video to play it here.
Gippi Flamin' Chilli Noodles
Gippi - Masala Noodles Kyunki Life Badi Masaledaar Hai….
BALAJI WAFERS NACHOS - FLAMIN' HOT
BALAJI WAFERS NACHOS - CHEESE CHILLI
More on Balaji Wafers.
Funding Insights of Balaji Wafers
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Balaji Wafers with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2026 | Private Equity Round | – | General Atlantic | – |
Valuation history
1 investors in total: 1 institutional.
Investors in Balaji Wafers
Balaji Wafers has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include General Atlantic.
All
Venture Fund
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| generalatlantic.com |
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Investor details for Balaji Wafers
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Balaji Wafers Private Limited (Balaji Wafers)
Balaji Wafers Private Limited is the primary company behind Balaji Wafers. The board of Balaji Wafers Private Limited currently have 8 directors; the longest-serving is Bhikhabhai Popatbhai Virani, appointed in 1995. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhikhabhai Popatbhai Virani DIN 00533173 | Whole-time director | 22 Sep 1995 | 31 yrs 1 mo | Balaji Wafers Private Limited |
| Kanjibhai Popatbhai Virani DIN 00944105 | Whole-time director | 22 Sep 1995 | 31 yrs 1 mo | Balaji Wafers Private Limited |
| Chandubhai Popatbhai Virani DIN 00524980 | Whole-time director | 22 Sep 1995 | 31 yrs 1 mo | Balaji Wafers Private Limited |
| Keyur Bhikhabhai Virani DIN 00525200 | Whole-time director | 01 Apr 2001 | 25 yrs 7 mo | Balaji Wafers Private Limited |
| Pranay Chandubhai Virani DIN 00944134 | Whole-time director | 01 May 2004 | 22 yrs 6 mo | Balaji Wafers Private Limited |
| Mihir Bhikhalal Virani DIN 00525227 | Whole-time director | 01 May 2004 | 22 yrs 6 mo | Balaji Wafers Private Limited |
| Shyam Kanjibhai Virani DIN 08493793 | Whole-time director | 01 Jul 2019 | 7 yrs 4 mo | Balaji Wafers Private Limited |
| Shantanu Rastogi DIN 06732021 | Nominee Director | 08 Apr 2026 | 7 mo | Balaji Wafers Private Limited |
People of Balaji Wafers
5 people are tracked at Balaji Wafers (5 in leadership); the tracked headcount is 1,932.
| Name | Role | Group |
|---|---|---|
Kanubhai Virani | Co-Founder | Leadership |
Bhikhubhai Virani | Co-Founder | Leadership |
| Co-Founder and Managing Director | Leadership | |
| Managing Director | Leadership | |
Ketan Sharma | Chief Financial Officer | Leadership |
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Complete people profiles for Balaji Wafers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Balaji Wafers
Figures of Balaji Wafers Private Limited, the primary company behind Balaji Wafers, for FY 2025. Revenue was ₹6,548 Cr (+18% year on year). Net profit was ₹291 Cr (4% margin). EBITDA was ₹597 Cr (9% margin). Revenue has grown at a compounded annual rate of +18% over three years and +22% over five years.
- ₹6,548 CrRevenue · FY 2025 · +18% YoY
- ₹291 CrNet profit · 4% margin
- ₹597 CrEBITDA · 9% margin
- ₹529 CrPaid-up capital
- 1,932Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Balaji Wafers Private Limited are on its company page.
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Detailed financial statements for Balaji Wafers
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Balaji Wafers
2 dated milestones of Balaji Wafers across 52 years, from founding to its latest funding, stage changes and deals.
- Founded Balaji Wafers is founded.
- Funding First funding round.
Competitors of Balaji Wafers
Balaji Wafers has 3 listed competitors in our database, 2 of them funded. They include Yellow Diamond, Too Yumm and Cornitos.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yellowdiamond.in | 2003 | Indore, India | $40.7M | 1,200 | Manufactures and sells package snacks like chips, savouries and puffs | |
| tooyumm.com | 2016 | Kolkata, India | 397 | Provides healthy snack options including potato chips, multigrain chips, and noodles for consumers. | ||
| cornitos.in | 2009 | Faridabad, India | $361,952 | 335 | Multi-category snacks with corn-based products are provided. |
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Detailed competitors of Balaji Wafers
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Balaji Wafers
The website of Balaji Wafers (balajiwafers.com) receives about 54.3K visits a month.
- Monthly visits54.3K
▲ 26.6% vs previous month
Similar websites
Websites whose visitors overlap most with Balaji Wafers. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
idea2makemoney.com | idea2makemoney.com | 100% | – | ||
trendswe.com | trendswe.com | 100% | #2,322,337 | – | |
orderz.in | orderz.in | 100% | #6,273,951 | – | |
| startupyo.com | 100% | 5.2K | #3,904,403 | View details | |
| startupauthority.in | 100% | #7,480,904 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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All 7 similar websites and full traffic analytics for Balaji Wafers
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- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Balaji Wafers (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 61.39 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 143.51 M | 2,828 |
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Related news about 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.
Balaji Wafers has 1,932 employees.
The primary company behind Balaji Wafers, Balaji Wafers Private Limited, reported revenue of ₹6,548 Cr for FY 2025, up 18% year on year.
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.
Balaji Wafers operates through Balaji Wafers Private Limited.
The legal entities of Balaji Wafers currently have 10 directors, including Keyur Bhikhabhai Virani, Bhikhabhai Popatbhai Virani, Kanjibhai Popatbhai Virani and others.