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Farmley Denies Stake Sale Talks With Major FMCG Giants
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Storyboard•12-10-2026, 12:08
Farmley Denies Stake Sale Talks With Major FMCG Giants
- •Farmley has pushed back against reports claiming that major FMCG companies like Emami, ITC, Britannia and Orkla India were exploring a significant stake sale.
- •A top company executive clarified that while inbound approaches have been received over the past two-and-a-half years, none have progressed beyond the initial outreach stage.
- •Co-founders Akash Sharma and Abhishek Agarwal stated that no formal discussions are currently underway, though future talks may be considered after the festive season.
- •Founded in 2017, the healthy snacking brand transitioned to a direct-to-consumer model in 2021 and offers products like flavoured nuts, makhana, and seeds.
- •Farmley reported an operating revenue of Rs 394.2 crore in FY25 with a narrowed net loss of Rs 22.6 crore while continuing to invest heavily in its consumer business.
Key Questions Answered
Farmley denied that it is currently in talks for a stake sale with FMCG giants like Emami, ITC, Britannia, and Orkla India, clarifying that while inbound interest has existed for two-and-a-half years, no discussions have moved past the initial outreach stage.
Farmley reported an operating revenue of Rs 394.2 crore in FY25, marking a 71.2% increase from Rs 230.2 crore in FY24. Its net loss narrowed slightly to Rs 22.6 crore, while advertising and promotional expenditures rose to Rs 51.8 crore.
Farmley was founded in 2017 by IIT alumni Akash Sharma and Abhishek Agarwal, starting originally as a business-to-business supplier of dry fruits and nuts before pivoting to a consumer-facing direct-to-consumer brand in 2021.
