Kathmandu: Yashoda Foods, a leading Nepali FMCG company operating under the popular Current brand, recorded sales of Rs 7.68 billion (around US$ 58 million) in the last fiscal year, marking a sharp rise in turnover within a single year.
The company had posted revenues of Rs 5.87 billion in 2024 and Rs 4.96 billion in 2023, reflecting a 31 percent year-on-year growth driven primarily by strong demand for instant noodles and snack products.
Despite the surge in sales, Yashoda Foods reported a net profit margin of 7.43 percent in the last fiscal year, down from 11.43 percent in 2024. The company attributes this decline largely to higher management and integration costs following a recent merger.
Founded in 2017, Yashoda Foods is engaged in the production and distribution of instant noodles and snacks. In 2024, it merged with Yashoda Noodles and Snacks Pvt. Ltd., a move that significantly expanded its manufacturing capacity. Prior to the merger, the company produced about 30,000 metric tons of instant noodles annually. Post-merger, its annual noodle production capacity has increased to 42,000 metric tons.
The company has also scaled up its snacks segment. Annual snack production has risen from 900 metric tons to 4,500 metric tons, reflecting aggressive capacity expansion to meet growing market demand. Under the Current brand, Yashoda Foods generates substantial revenue from instant noodles, fried snacks, and bhujia, positioning itself as a major player in Nepal’s packaged food market.
Chaired by Chunna Prasad Sharma, Yashoda Foods has secured a credit rating totalling Rs 2.21 billion for both long-term and short-term borrowings. Of this, Rs 508 million is rated for long-term loans and Rs 1.7 billion for short-term financing, strengthening the company’s access to capital for expansion and operations.
The company’s leadership team brings deep industry experience, with Chairman Sharma having over four decades of business experience and G.P. Shah contributing long-standing expertise in the FMCG sector. In fiscal year 2025, Yashoda Foods recorded sales growth across both its noodle and snack segments, underscoring operational momentum.
Current has emerged as a popular brand in the Nepali market, particularly among younger consumers. The company maintains a strong nationwide presence through more than 300 authorized distributors. Yashoda Foods has also begun expanding into India and other international markets, with exports now accounting for about 12 percent of total revenue.
From a financial health perspective, the company maintains a comfortable gearing ratio of 0.46, supported by fresh capital investments. It also reports healthy liquidity, with cash collections of Rs 443 million and a current ratio of 1.56, indicating sufficient capacity to meet short-term obligations.
In December 2025, Yashoda Foods launched Nepal’s first green noodle manufacturing facility, where 80 percent of energy requirements are met through solar power. The initiative marks a significant step toward sustainable manufacturing in the country’s food processing sector.
However, the company acknowledges that post-merger integration and initial management expenses have put pressure on profitability. As a result, net margins declined from 11.43 percent in fiscal year 2024 to 7.43 percent in 2025, even as revenues continued to climb.
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