DEAR FELLOW STAKEOWNERS,
It gives me immense pleasure to place before you the Annual Report of your Company for
the financial Year 2016-17.The export of Basmati Rice grew by healthy in volume terms as
compared to last financial year, a satisfying performance in backdrop of current market.
Your Company achieved total revenues of INR 2,580,062,721 as against INR1,208,472,847 in
the same last period.
A year in which bold step were taken to march towards becoming a brand driven Food
Company with wide basket of products .covering multiple price points and reaching house
hold of all economic groups across the India like never before Most importantly , we feel
a special connect with our consumers, making taste,health and quality the key in
cultivating a deeper bond with them.
Mishtann rice has today become a source of holistic health and immense happiness for
connoisseurs of food across the globe.The seamless enthusiasm and dedication of hundreds
and thousands of our farmers and staff members has provided the much inevitable thrust.
Mishtann flies high spreading wide the wings of taste and health in a sky full of
happiness.
Mishtann always believe that famous brands make place in customer hearts not in their
wallets and which create customer happiness and this happiness is Mishtann limitless
happiness.
Looking ahead, our initiatives in the new product coupled with enhancement of our
existing manufacturing capabilities .will be helpful in not only safeguarding our
leadership position but also in increasing out global foot print .We at Mishtann have deep
understanding of the agriculture system ,its people, its weather ,its culture and its
market -and this is the critical differentiator which give us the advantages over our
competitors.Mishtann is ready for every situation and will be ready for whatever the
future may hold.
HileshPatel HH
Chairman HS