Chaman Lal Setia Export Company primarily deals with rice grains and sells them under the brand Maharani. The Maharani brand of rice is well-known in the northern region of India, with a focus on Amritsar, Haryana, and Delhi. These regions cover approximately 4000 sq km of rice production area, ensuring easy access to raw materials.
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In the northern region of India, a total of 140 rice varieties are produced. While the company’s production focus lies in the north, it does not limit its market to local brands. Maharani rice enjoys a presence in approximately 83 countries worldwide.
Chaman Lal Setia Exports Ltd. was established in 1974 in Amritsar, Punjab, with rice exports commencing in 1982. Today, the company boasts 272 private brands distributed across the globe.

Chaman Lal Setia Company Information
Email : onlinesales@setiarice.com, sales@setiarice.com, sankeshsetia@hotmail.com
Email: ankitsetia@gmail.com ( For export inquiries ONLY )
Call Us: +91- 9873 777773, +91 9996 000027, +91 8595853349, +91 99997 73743′
Address: Building No. 472, Udyog Vihar Phase 3, Gurgaon -122001 Haryana (India)
Our Rice Mill
Karnal – Kaithal Road | Amritsar – Raja Sansi Airport Road | Gujarat – Gandhidham
CIN No – L51909PB1994PLC015083.
Chaman Lal Setia Share
Chamanlal Setia Exports Ltd. shares have been trading on the market since 2005. Initially, the share price was around 5 INR. Until 2013, this share traded between 5 and 10 INR. After 2015, the share began to show growth, and today, in 2024, it is trading at 225 INR.
The PE ratio of this share is 8.97. The company has 229 crore in cash equivalents on its books. The total asset value of the company is 841 crore, with reserves totaling 646 crore.
Company Management Team
Below are the people who are managing the company.
- Vijay Setia – CMD/Managing Director
- Rajeev Setia – Joint Managing Director
- Ankit Setia – Executive Director
- Sankesh Setia – Executive Director
- Mrs. Sweta Setia – Executive Director
As we can see all the Setia are here so you can easily predict that this is a family-run business.
So, let’s first discuss the promoter holding.
As you can say here in april 2024 promoter holding in this company is 73.8% which is quite good.
let’s talk about the others holding. FIIS has only a 1.77% percentage of holding and DIIS has 0%. Here I am quite surprised that DIIS has no any interest to buy this stock. Anyway it’s their choice. The rest of the holding is with the public.
Achievement & Certificates
As the company’s main product is rice, it need to maintain its quality beyond market standards. Rice is a daily staple in almost all Indian families.
To maintain the quality of their products, the company undergoes various quality tests. These tests ultimately ensure that their product is superior to that of their competitors.
The company has the following quality and product certifications:
- Global Standard for Food Safety, BRC Food Product Certification from SGS,
- ISO 22000:2005: The Food Safety Management System,
- Kosher Certificate by London Beth Din Kashrut Divison (KLBD)
- The Food Safety Standards Authority of India (FSSAI)
- IPQC Certificate (CLSE)
- HACCP: International Code of Practice General Principles of Food Hygiene,
- U.S. FDA Registration from Registrar Corp., USA
- Certificate of Standard Operating Procedure (SOP) for export to the USA by Plant Protection, Quarantine, and Storage from the Ministry of Agriculture, Government . of India.
- Halal Products Authentication Certificates
Here, we mentioned certifications that are related to food quality. They have uploaded all the financial, management, and achievement-related certifications on their site you can check it out.
Company Product Range
As we discussed, this company mainly works on rice products. They have Belwo products in various categories.
Basmati Rice Product Range
- Maharani Rice Suitable for Diabetics Basmati Rice
- Maharani Classic Reserve Basmati Rice
- Maharani 1121 Basmati Rice
- Maharani Brown Basmati Rice
- Maharani Supreme Basmati Rice
- Maharani Royal Basmati Rice
- Maharani Everyday Basmati Rice
Non-Basmati Rice Products
- Green World Aromatic Rice (GMO-Free) Long Grain
Company Financials
Chaman Lal Setia Export Company, with a market capitalization of ₹1,166 crore, demonstrates a strong financial standing in the market. The company’s current stock price stands at ₹225 (in May 2024), with a high/low range of ₹275 and ₹161, respectively. With a stock P/E ratio of 8.96 and a book value of ₹127, the company presents attractive data for any investor.
Chaman Lal Setia Export Company shows impressive financial performance metrics, including a dividend yield of 0.44%, a return on capital employed of 26.2%, and a return on equity of 23.1%. These figures reflect the company’s efficient utilization of sources and its ability to generate returns for its shareholders.
In terms of its balance sheet, the company maintains a healthy financial position, with significant reserves of ₹646 crore, current assets of ₹697 crore, and cash equivalents totaling ₹229 crore. Moreover, with a debt of ₹58.8 crore and no pledged percentage, the company exhibits good financial management practices.
Overall, Chaman Lal Setia Export Company emerges as a strong player in its industry, with promising growth prospects and good financial fundamentals.



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