
Haldiram's Franchise
No franchise: Haldiram's appoints distributors for packaged snacks; its form asks if you can invest ₹10–15 L+. FY25 revenue ₹12,977 Cr per CRISIL.
About This Listing
Haldiram's does not sell franchises. A notice on its online store's contact page says Haldiram's does not offer franchise opportunities to third parties at this time and warns of people posing as the brand. The company also says it takes no online payments for super-stockist, distributorship, franchise or job offers. Its only partner route is a distributor/dealer application for its packaged products. Three separate family businesses use the Haldiram's name (Delhi, Nagpur, Kolkata); this page covers Haldiram Snacks Food Pvt Ltd, the combined FMCG company of the Delhi and Nagpur branches. Any 'Haldiram's franchise' offer is not from this company.
Haldiram's online store contact page (franchise notice), Oct 2026Haldiram's franchise at a glance (terms checked Oct 2026)
Investment
Not published
The brand doesn't publish its investment
Ongoing take
Not published
Franchise fee
No franchise fee
Payback
Not published
- Disputes with franchisees: None found (records checked Oct 2026)
- Profit or loss: Profit of ₹1195 Cr in FY25
Franchisor strength isn't franchisee profit — check real outlet numbers.
Outlets
135 verified
What we couldn't verify
- • Outlet closures
- • Franchisee satisfaction
- • Revenue trend
- • Outlet claim matches reality
Ask before you sign
- Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
- Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
- Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.
Franchise terms checked against Haldiram's official distributorship page (no franchise offered) on 10 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.
Ways to Partner with Haldiram's
1 partner model published by the brand. Figures it doesn't publish are left blank.
Distributor / dealer (packaged products)
- Territory
- Applicant names a desired state, district and tehsil; no exclusivity or territory terms are published.
- Who it suits
- Individuals or businesses with storage space, money to carry stock and a distribution set-up. FMCG, food distribution or retail experience is preferred but not required; kirana stores, modern-trade outlets and wholesalers can also apply.
Investment band is the applicant's 'potential to invest' on the form (₹10–15 L, or ₹15 L or more). No margin, credit, deposit or target terms are published; submitting the form doesn't guarantee a distributorship.
Reported Elsewhere
Not verifiedHaldiram's doesn't publish these figures. Other sources have reported them, so they're here to give you a rough idea only. They may be out of date or wrong, and the real numbers can differ a lot — get them from the brand in writing before you decide.
- Haldiram Foods International (Nagpur branch, pre-merger) consolidated net sales, FY24Reported by Business Standard, Mar 2025 · One of the two businesses merged into HSFPL; shown for history only.
- ₹4,551 Cr net sales; ₹597 Cr net profit*
Reputation & News
What the press, courts and real franchisees or customers have said about Haldiram's — summarised by us, with every source linked.
⚠ Scam alert
Four arrested over fake Haldiram, Amul and Patanjali dealership sites
Delhi Police said a gang ran lookalike sites of Haldiram and other brands, promoted through search ads, offering franchises and dealerships; it was linked to about 126 frauds in 16 states and over ₹1.1 Cr taken. One complainant wanted to open a Haldiram outlet.
Source: The Tribune⚠ Scam alert
Haldiram's Foods International sued domain registrars over lookalike sites
The Nagpur company asked a Nagpur civil court to direct GoDaddy, Network Solutions and NIXI to take down lookalike Haldiram's websites used to collect money for fake dealerships and distributorships. Outcome not found.
Source: The Hitavada⚠ Scam alert
Brand notice: no franchises, no online payments for distributorships
Haldiram's online store says it does not offer franchise opportunities to third parties at this time, urges people to beware of anyone claiming to represent the brand, and says it takes no online payments for super-stockist, distributorship, franchise or job offers.
Source: Haldiram's online store contact page- In the news· Mar 2025
Temasek buys about 10% of Haldiram's snacks business
Reported at about $1 billion; the company is the combined FMCG business of the Delhi and Nagpur branches. IHC and Alpha Wave Global later took about 6% together.
Source: Business Standard - employee_opinion· Oct 2026★ 3.8/5 · 640 ratings
AmbitionBox: Haldiram Snacks rated 3.8/5 by employees
Overall 3.8 from 640 reviews on the 'Haldiram Snacks' company page (the Delhi-branch name); promotions/appraisals, culture and work satisfaction are its lowest-rated areas.
Source: AmbitionBox - Legal / regulatory· May 2026
Electricity-tax writ petition against Maharashtra pending
Haldiram Snacks Food Pvt Ltd and others challenged a tax on electricity from their own captive power plants (WP 3944 of 2026, Bombay High Court, Nagpur Bench). The court granted interim relief in May 2026; the case is pending. It doesn't concern franchisees or distributors.
Source: Indian Kanoon - In the news· Jan 2026
CRISIL assigns AAA/Stable to Haldiram Snacks Food
CRISIL cites leadership in traditional snacks, reach across 33+ states and UTs, an operating margin of about 19% in H1 FY26 and strong liquidity; FY25 revenue ₹12,977 Cr and PAT ₹1,195 Cr (consolidated).
Source: CRISIL Ratings
Key Terms at Haldiram's
The clauses that shape day-to-day running and your exit — read these before the fee.
- Supply & stock
- After onboarding, distributors receive product catalogues, pricing structures, order processes and a supply calendar; delivery frequency varies by region and volume.
- Other terms
- Haldiram's says submitting the dealership form does not guarantee a distributorship; verification may include a field visit to inspect the warehouse and logistics.
- Payments to the brand
- The company says it does not accept or encourage online payments for super-stockist, distributorship, franchise or employment offers.
Legal & Contract Summary
Key contract terms at a glance — read before you sign.
Agreement Type
You supply retailers in your territory
Contract Duration
—Renewal Available
—Territory Exclusivity
—Non-Compete Clause
YesExit Clause
—Who Can Apply for Haldiram's
Conditions the brand sets for partners, and the licences the business needs.
- Godown (storage space): Godown size in sq ft is a required field; Haldiram's may inspect itRequired
- Own vehicles: Details of own vehicles are a required fieldRequired
- Investment capacity: ₹10–15 L, or ₹15 L and above (the two options on the form)Required
- Documents: Business registration, GST details or proof of premises may be asked forPreferred
- Experience: Prior FMCG, food-distribution or retail experience preferred, not mandatoryPreferred
About the Brand
Brand USP
CRISIL says namkeen made up over half of Haldiram Snacks Food's FY25 sales, that it sells in 33+ states and union territories, and that exports are about 8% of sales.
Why invest in Haldiram's?
Haldiram's by the Numbers
Source marked on each figure₹12,977 Cr
Revenue FY25 · FY25 (CRISIL, Jan 2026)
Independent₹7,762 Cr at ~19% operating margin
Revenue H1 FY26 · Sep 2025 (CRISIL, Jan 2026)
Independent33+ states and UTs; exports about 8% of sales
Reach · Jan 2026
Independent80+ countries, 500+ export products
Export markets · Oct 2026
Brand claim135 (Nagpur-branch shops, restaurants and kiosks)
Outlets on the online store's locator · 10 Oct 2026
Store locatorHaldiram's Outlet Network
By state · 10 Oct 2026
- Maharashtra82
- Telangana20
- Karnataka17
- Chhattisgarh7
- Gujarat5
- Madhya Pradesh3
- Andhra Pradesh1
Cities with Outlets
Show all 17 citiesHide the city list
Company Financials
Brand-level, publicly reportedThe franchisor's own company health — separate from what a single franchise outlet earns.
Revenue (FY25)
₹12977 Cr
Net profit (FY25)
₹1195 Cr
Valuation (Mar 2025 (about $10 billion, reported by Business Standard/PTI around the Temasek, IHC and Alpha Wave stake purchases; unlisted))
$10.00B
Notable investors
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Health Check
What Haldiram's's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.
- Status with the registrar
- Active
- Last AGM
- 30 Dec 2025
- Late payments to small suppliers
- 1341
- Paid-up capital
- ₹1500 Cr
- Brand trademark
- Contested marks: QuickCompany lists 163 registered and 73 opposed 'Haldiram' marks across all applicants (mostly the family companies — Haldiram India, Haldiram Snacks, Haldiram Sons Bhujiawala and others); several 1999–2001 class 30 marks are marked 'Opposed'. Class 29/30 'Haldiram' device marks filed Jan 2025 by Haldiram India are registered.
Group companies
- Temasekshareholder · 10%
- International Holding Company (IHC) and Alpha Wave Globalshareholder
- Haldiram Snacks Manufacturing Pvt LtdSubsidiary · 100%
- Vevek Ethnic Foods Pvt LtdSubsidiary · 100%
- Ethnic Food Manufacturing Pvt LtdSubsidiary · 100%
- Pragati Snacks Pvt LtdSubsidiary · 100%
- Babaji Snacks Pvt LtdSubsidiary · 91%
- Aakash Global Foods Pvt LtdSubsidiary · 88%
- Ankita Agro and Food Processing Pvt LtdSubsidiary · 76%
- Atop Food Products Pvt LtdSubsidiary · 75.5%
- TCS Group Holding Plc (UK)Subsidiary · 70%
Source: CRISIL rating rationale Jan 2026; MCA data via Tracxn (re-read 10 Oct 2026); Indian Kanoon (checked Oct 2026)
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
Company Profile
The legal entity behind the brand, its leadership, and its official channels.
- Registered name
- Haldiram Snacks Food Private Limited
- Company type
- Private Limited Company
- CIN
- U15400HR2022PTC108327
- Incorporated
- 12 Dec 2022
- Headquarters
- Noida, Uttar Pradesh (corporate office)
Leadership
- AAnnu GuptaCEO, International Business (per Tracxn)
Social presence
Company details source: MCA data via Tracxn; haldirams.com privacy policy names Haldiram Snacks Food Pvt Ltd as the site operator
Haldiram's Timeline
1937
Namkeen shop opened in Bikaner
Founded by Ganga Bhishen Agarwal as a sweets and savouries shop, Business Standard reports.
Source1970
Nagpur branch set up
Shiv Kishan Agrawal moved the business base to Nagpur and opened a production unit, the brand's About page says.
SourceDec 2022
Haldiram Snacks Food Pvt Ltd incorporated
New company to take over the FMCG businesses of Haldiram Snacks Pvt Ltd (Delhi) and Haldiram Foods International Pvt Ltd (Nagpur).
SourceMar 2025
Temasek buys about 10%
About $1 billion for roughly 10% of Haldiram Snacks Food, Business Standard reported.
SourceMar 2025
IHC and Alpha Wave Global join
About 6% together at a valuation of roughly $10 billion, per PTI sources quoted by Business Standard.
SourceJan 2026
CRISIL assigns AAA/Stable
On ₹700 Cr of bank facilities.
Source
FranchiseChuno Analysis
Our analysis of verified dataHow Haldiram's looks once the numbers are checked side by side.
- ✓The franchisor company is profitableIts latest filed accounts show a net profit. That's the franchisor's money, not yours: a profitable franchisor doesn't mean its franchisees make money. Check real outlet numbers before you invest.
- ✓Brand operating for 89 yearsFounded in 1937. The brand doesn't state when franchising began.
Data completeness
55%
- ✓ Terms checked against the brand's own page
- ✓ Published investment (not an estimate)
- ○ Franchise fee
- ○ Royalty
- ○ ROI or payback claim
- ○ Agreement term
- ○ Training details
- ✓ Outlet cities verified
- ✓ Company financials
- ✓ Legal entity
- ✓ News & public opinion checked
Ask Before You Sign
Questions tailored to what Haldiram's does and doesn't publish.
- 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
- 2Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
- 3Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.
- 4Ask for the agreement term, renewal fee and exit or transfer terms.
- 5Ask whether you get an exclusive territory, and how large it is.
- 6Have a lawyer review the franchise agreement before paying anything.
- 7Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
—
Staff Needed
—
Setup Time
—
Owner Involvement
Full-time
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Training Cost
Covered by franchisor
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
What Haldiram's franchisees say
We haven't yet heard from enough Haldiram's franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
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