Healthy snacking brand Farmley expects revenue to nearly double to ₹600-700 crore in the current financial year, driven by growing demand for nutritious snacks, the company said on Friday.
The Noida-headquartered startup, founded in 2017 by two Indian Institute of Technology alumni, reported a revenue of ₹370 crore during FY 2024-25.
"We aim for ₹600-700 crore revenue in the current fiscal with expansion of our presence in both offline and online channels," the company’s CEO and co-founder Akash Sharma told PTI at a healthy snacking summit.
Farmley plans to invest ₹40-50 crore in a new factory near Noida to boost production capacity, with the facility expected to be operational next year, Sharma said. The company hopes to achieve profitability in the current financial year.
The firm's product portfolio includes dry fruits, seeds, healthy snacks, savouries and ready-to-eat mixes, focusing on quality, nutrition and affordability.
A company report released on Friday showed roasted and flavoured dry fruits were the most preferred savoury snack among 36% of respondents, while 19% specifically chose makhana, a type of puffed lotus seed.
Over 55% of survey participants said they actively seek clean, preservative-free snacks, while 52% prefer resealable, eco-conscious packaging. Nearly 45% of consumers favour portable snack formats like dry fruit-based desserts and energy bars.
