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Issue Date:Nov 13 2017 12:00AM     Price in Rs. R 6500    Price in USD. $ 100

New Delhi registered Mahashian Di Hatti Ltd is among the top Indian brands in spices. The company has built a formidable brand, around which it makes supernormal profits. From 5 plants, it sells to 1000 Stockists and over 4 lakh retail dealers.


The business was founded in 1919 by Mahashay Chunni Lal Gulati in what is now Pakistan. The business in India was started by his son Dharal Pal, who is now 94 years old, but still actively runs the company. The private limited company was incorporated in 1965. It has 3 directors – Dharam Pal Gulati (managing director), Rajeev Gulati, Jyoti Gulati.


For the year ended Mar’16, the company reported revenue of INR 8.6B (~USD 134m) and net profit of Rs 2.1B (USD 33m). It is a zero debt company with a free cash balance of ~USD150m.

  • Company Background
  • Business Highlights
  • Financial Performance
  • Financial Details
  • Board of Directors
  • Financial Summary
  • Profit & Loss Account
  • Balance Sheet
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