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Haldiram's

Haldiram's Franchise

FMCG & Product DistributionEst. 1937Noida, Uttar Pradesh (corporate office)

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 2026

Haldiram's franchise at a glance (terms checked Oct 2026)

Dealers / distributors onlyModels: DistributorTerms 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

FranchiseChuno ScoreNot scored yet — 49% of data verified
  • 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

  1. 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.
  2. Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
  3. 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.

Distributorship

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 verified

Haldiram'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

Distributorship

You supply retailers in your territory

Contract Duration

—

Renewal Available

—

Territory Exclusivity

—

Non-Compete Clause

Yes

Exit 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.

HeadquartersNoida, Uttar Pradesh (corporate office)
Haldiram's is the snacks and sweets brand that grew from a namkeen shop opened in Bikaner in 1937. Three separate family-run businesses use the name, based in Delhi, Nagpur and Kolkata, Business Standard reported in Mar 2025. This page covers Haldiram Snacks Food Pvt Ltd (HSFPL), the company that combined the packaged-food (FMCG) businesses of the Delhi and Nagpur branches and runs the brand's corporate site and online store. CRISIL puts HSFPL's FY25 revenue at ₹12,977 Cr with ₹1,195 Cr profit after tax, and says it sells in more than 33 states and union territories. Temasek bought about 10% in Mar 2025, and IHC and Alpha Wave Global about 6% together, at a reported valuation near $10 billion. The online store's locator lists about 135 Haldiram's shops, restaurants, airport and rail-coach units (10 Oct 2026), mostly in Maharashtra, Telangana and Karnataka. There is no franchise. A notice on the online store says Haldiram's does not offer franchise opportunities to third parties at this time. The only way to partner is as a distributor or dealer of its packaged products. The application asks for godown size, vehicles, current turnover and asks whether the applicant can invest ₹10–15 L or ₹15 L and above; Haldiram's doesn't say what a distributorship actually costs. Haldiram's says it checks documents and may visit the godown before onboarding, then shares catalogues, pricing, order systems and a supply calendar, with training on brand guidelines and inventory. It publishes no distributor margin, credit terms, territory rules or deposit, and says applying does not guarantee a distributorship. What to watch: fake 'Haldiram's franchise' offers are common. Delhi Police arrested four people in Sep 2021 over lookalike Haldiram, Amul and Patanjali sites, and the Nagpur company went to court in 2021 over lookalike domains. The company says it takes no online payments for distributorship or franchise offers. MSME filings show 936 supplier payments (about ₹23 Cr) outstanding beyond 45 days in Oct 2025–Mar 2026. The ₹10–15 L band is a screening question, not a published cost, and the company's own profits say nothing about what a distributor earns — check margins and payment terms with existing distributors before committing.

Why invest in Haldiram's?

- CRISIL rated Haldiram Snacks Food 'Crisil AAA/Stable' in Jan 2026 and reported FY25 revenue of ₹12,977 Cr with ₹1,195 Cr profit after tax. - Its distributor application spells out the process: apply, document and godown checks, then onboarding with catalogues, pricing and a supply calendar. - Temasek bought about 10% in Mar 2025, and IHC with Alpha Wave Global about 6% more, Business Standard reported.

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)

Independent

33+ states and UTs; exports about 8% of sales

Reach · Jan 2026

Independent

80+ countries, 500+ export products

Export markets · Oct 2026

Brand claim

135 (Nagpur-branch shops, restaurants and kiosks)

Outlets on the online store's locator · 10 Oct 2026

Store locator

Haldiram's Outlet Network

By state · 10 Oct 2026

  • Maharashtra82
  • Telangana20
  • Karnataka17
  • Chhattisgarh7
  • Gujarat5
  • Madhya Pradesh3
  • Andhra Pradesh1

Cities with Outlets

Show all 17 cities
Nagpur, MaharashtraMumbai, MaharashtraThane, MaharashtraNavi Mumbai, MaharashtraPune, MaharashtraNashik, MaharashtraChhatrapati Sambhajinagar, MaharashtraHyderabad, TelanganaBangalore, KarnatakaRaipur, ChhattisgarhBhilai, ChhattisgarhBilaspur, ChhattisgarhSurat, GujaratRajkot, GujaratIndore, Madhya PradeshJabalpur, Madhya PradeshVijayawada, Andhra Pradesh

Cities with Outlets

17 cities
Has an outlet
Major city, no outlet listed
Click a city to explore

Company Financials

Brand-level, publicly reported

The 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

Temasek (about 10%Mar 2025); International Holding Company (IHC) and Alpha Wave Global (about 6% togetherMar 2025) — Business Standard

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 timelineShow

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

InstagramFacebookXYouTube

Company details source: MCA data via Tracxn; haldirams.com privacy policy names Haldiram Snacks Food Pvt Ltd as the site operator

Haldiram's Timeline

  1. 1937

    Namkeen shop opened in Bikaner

    Founded by Ganga Bhishen Agarwal as a sweets and savouries shop, Business Standard reports.

    Source
  2. 1970

    Nagpur branch set up

    Shiv Kishan Agrawal moved the business base to Nagpur and opened a production unit, the brand's About page says.

    Source
  3. Dec 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).

    Source
  4. Mar 2025

    Temasek buys about 10%

    About $1 billion for roughly 10% of Haldiram Snacks Food, Business Standard reported.

    Source
  5. Mar 2025

    IHC and Alpha Wave Global join

    About 6% together at a valuation of roughly $10 billion, per PTI sources quoted by Business Standard.

    Source
  6. Jan 2026

    CRISIL assigns AAA/Stable

    On ₹700 Cr of bank facilities.

    Source

FranchiseChuno Analysis

Our analysis of verified data

How 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.

  1. 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.
  2. 2Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
  3. 3Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.
  4. 4Ask for the agreement term, renewal fee and exit or transfer terms.
  5. 5Ask whether you get an exclusive territory, and how large it is.
  6. 6Have a lawyer review the franchise agreement before paying anything.
  7. 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 whatShow

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

Not published

Supply Chain Support

Vendor sourcing, inventory & logistics

Not published

Technology / POS

Billing, inventory, and management software

Not published

Marketing Support

National & local marketing campaigns

Not included

Launch Support

Pre-opening setup and grand-opening assistance

Not published

Ongoing Field Support

Regular visits and operational coaching

Not published

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.

I run a Haldiram's outlet — share how it went

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