Kathmandu: Three prominent subsidiaries under the Goenka Group umbrella, Arun Agro Industries, Goenka Foods Pvt. Ltd. and Manoj Foods Pvt. Ltd., have reported a combined turnover of Rs 1.614 billion during the first half of the current fiscal year.
Leading the group’s performance, Arun Agro Industries recorded sales of Rs 913 million, followed by Goenka Foods with Rs 495 million within the same six-month period. Manoj Foods contributed Rs 206 million to the total, based on its performance over the first eight months of the year.
To bolster their operational and capital requirements, the three entities have collectively undergone credit rating assessments for loan facilities totalling Rs 2.56 billion, covering both long-term and short-term financial obligations.
Arun Agro Industries, established in 2000, has built a diverse portfolio in the production and distribution of various flour types, bran, semolina, and lentils. While the company enjoyed a consistent annual growth rate of approximately 8 percent between 2022 and 2025, its turnover during the first half of the current fiscal year saw a 9 percent decline when compared to its typical annualized performance.
Despite this slight dip, the company, chaired by Nandalal Goenka, maintained a net profit of 1 percent in the previous fiscal year and currently holds cash reserves of Rs 31 million. To support its large-scale operations, the company has secured ratings for Rs 1.39 billion in credit facilities.
Goenka Foods Pvt. Ltd., which has been in operation since 1997, reported a turnover of Rs 1.03 billion in the last fiscal year, showcasing steady growth from previous years. The company operates a significant lentil processing plant in Manigram, Rupandehi, with a massive annual capacity of 311,280 metric tons.
Under the partial ownership of Manoj Kumar Goenka, the company’s net profit margin improved to 1.14 percent in the last fiscal year, and its cash reserves have recently stabilized at Rs 15 million after experiencing some volatility. The firm has sought credit ratings for Rs 590.6 million to manage its various financial liabilities.
Manoj Foods Pvt. Ltd., the oldest of the three entities, founded in 1992, specializes in the production of lentils and animal feed, with annual capacities of 75,000 metric tons and 22,000 metric tons, respectively. Although the company’s turnover has trended downward from Rs 763 million in 2022 to Rs 268 million in the last fiscal year, it remains a key asset within the group’s industrial portfolio.
Owned 54 percent by Govinda Prasad Goenka, the company has secured credit ratings for Rs 581.6 million, partitioned into Rs 171.6 million for long-term financing and Rs 410 million for short-term working capital.
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