Kathmandu: RMC Foods, a key company under Nepal’s reputed industrial house RMC Group, has achieved a remarkable milestone in the current fiscal year. Led by industrialists Vishnu Kumar Agrawal and Rajesh Kumar Agrawal, the company has recorded a trade volume exceeding Rs 12.39 billion in just the first six months of FY 2026.

Just two years ago, the company struggled to reach an annual turnover of Rs 5 billion. However, it has now shown rapid growth, with annual trade reaching Rs 17.96 billion in 2025, compared to Rs 4.76 billion in 2024 and Rs 4.13 billion in 2023.

📈 Strong Growth & Credit Rating Upgrade
Considering its improving financial performance, Infomerics Credit Rating Nepal has upgraded the company’s rating. The agency has approved a total credit limit of Rs 11.64 billion, assigning:
‘Double B’ rating for long-term loans (Rs 1.25 billion)
‘A4’ rating for short-term loans (Rs 10.38 billion)
This also marks an increase from the previous credit limit of Rs 5.98 billion.

🛢 Export-Driven Growth
RMC Foods markets products like refined oil, rice bran oil, and vanaspati ghee under the NutriPlus brand. A major driver of its growth has been exports to India.
Favorable trade conditions—such as reduced import duties on refined oil and duty-free benefits under SAFTA—have significantly boosted exports.
Export: Rs 164 million in 2024
Export: Rs 10.41 billion in 2025
Export share: 62% in current FY (6 months)

💰 Profit Turnaround
The company reported a loss of Rs 180 million in 2024, but made a strong turnaround in 2025 with an operating profit of Rs 1.96 billion.
Profit margins:
Operating margin: 11.07% (2025)
Net margin: 6.86% (2025)
In the first six months of FY 2026:
Operating margin: 7.18%
Net margin: 4.78%

📍 Strategic Location Advantage
Established in 2021 in Jeetpur, Bara, the factory is located just 30 km from Birgunj border, providing cost and time advantages in importing raw materials and exporting finished goods.
The plant has a capacity to process 90,000 metric tons of oil annually.

⚠️ Risks Remain
Despite strong growth, challenges persist:
Heavy dependence on imported crude oil
Global price fluctuations and dollar exchange volatility
Forex losses: Rs 62 million (2025) and Rs 92 million (6 months of 2026)
Possible policy changes in Nepal-India trade
However, the company has improved its debt position, with the debt-to-net-worth ratio dropping from 14.14x (2024) to 2.72x (mid-2026).