Adf Foods manufactures packaged foods in Consumer Staples with market cap ₹2,884.33 Cr. The company operates with solid profitability (OPM 19.12%, ROE 16.89%) and minimal leverage (D/E 0.02), indicating a cash-generative, established player in the sector. Regular dividend payouts reflect a conservative capital allocation model.
Generated analysis · source review pending
Generated analysis · source review pending
Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.
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Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Zydus Wellness LimitedZYDUSWELLZYDUSWELL | ₹15,695 Cr | ₹18,882 Cr | ₹4,537 Cr | ₹596 Cr | 12.9% | ₹188 Cr | 5% | 4.8% | 3.4% | 106 |
| Bikaji Foods International LimitedBIKAJIBIKAJI | ₹12,637 Cr | ₹12,846 Cr | ₹3,075 Cr | ₹413 Cr | 13.7% | ₹259 Cr | 8.5% | 20.7% | 17.3% | 23 |
| The Bombay Burmah Trading Corporation LimitedBBTCBBTC | ₹9,313 Cr | ₹10,868 Cr | ₹19,915 Cr | ₹3,540 Cr | 17.6% | ₹1,290 Cr | 12.8% | 36.4% | 19.6% | -7 |
| Mrs. Bectors Food Specialities LimitedBECTORFOODBECTORFOOD | ₹6,540 Cr | ₹6,671 Cr | ₹2,119 Cr | ₹272 Cr | 12.6% | ₹149 Cr | 6.9% | 14.6% | 11.6% | 34 |
| Gopal Snacks LimitedGOPALGOPAL | ₹3,177 Cr | ₹3,331 Cr | ₹1,608 Cr | ₹118 Cr | 6.7% | ₹84 Cr | 4.9% | 14.4% | 16.7% | 66 |
| Adf Foods LimitedADFFOODSADFFOODS | ₹3,093 Cr | ₹3,101 Cr | ₹718 Cr | ₹137 Cr | 19.1% | ₹92 Cr | 13.2% | 21.6% | 16.9% | 143 |
| Prataap Snacks LimitedDIAMONDYDDIAMONDYD | ₹2,564 Cr | ₹2,567 Cr | ₹1,557 Cr | ₹45 Cr | 3.8% | ₹13 Cr | 1.2% | 1.1% | 3.1% | 13 |
| Tasty Bite Eatables LimitedTASTYBITETASTYBITE | ₹2,458 Cr | ₹2,492 Cr | ₹540 Cr | ₹74 Cr | 13.7% | ₹42 Cr | 7.7% | 17.9% | 15.7% | — |
| Shah Foods LtdSHAHFOODSHAHFOOD | ₹766 Cr | ₹766 Cr | ₹0 Cr | ₹0 Cr | — | ₹-0 Cr | — | -0.2% | -0.1% | — |
| Lotus Chocolate Company LtdLOTUSCHOLOTUSCHO | ₹692 Cr | ₹840 Cr | ₹574 Cr | ₹31 Cr | 5.4% | ₹17 Cr | 3% | 50.3% | 33.8% | — |
| Ganesh Consumer Products LimitedGANESHCPGANESHCP | ₹601 Cr | ₹610 Cr | ₹857 Cr | ₹85 Cr | 9.8% | ₹45 Cr | 4.9% | 21% | 14.2% | 29 |
| Nurture Well Industries LtdNWILNWIL | ₹466 Cr | ₹501 Cr | ₹1,026 Cr | ₹90 Cr | 8.8% | ₹67 Cr | 8.2% | 23.4% | 19.9% | 44 |
Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 48% | 45.4% | 41.7% | 50.2% | 52.4% | 53.1% | 57.9% | 60.1% |
| EBITDA margin % | 16.7% | 14.9% | 18.3% | 15.8% | 17.9% | 20.2% | 16.7% | 19.1% |
| EBIT margin % | 10.6% | 12.8% | 16.7% | 13.6% | 14.9% | 17.2% | 13.6% | 16% |
| PAT margin % | 10.9% | 15.7% | 13.6% | 11.5% | 12.4% | 14.2% | 11.8% | 13.2% |
| Working capital | ||||||||
| Receivable days | 69 | — | 64 | 61 | 76 | 76 | 73 | 77 |
| Inventory days | 105 | — | 124 | 133 | 107 | 79 | 132 | 160 |
| Payable days | — | — | 59 | 55 | 38 | 36 | 66 | 93 |
| NWC days | — | — | 129 | 139 | 145 | 120 | 138 | 143 |
| Leverage | ||||||||
| Current ratio | 5.16 | — | 5.29 | 5.36 | 7.8 | 6.8 | 5.8 | 3.84 |
| Debt to EBITDA | 0 | — | 0 | 0.23 | 0 | 0 | 0.09 | 0.07 |
| Debt to equity | 0 | — | 0 | 0.05 | 0 | 0 | 0.02 | 0.02 |
| Interest coverage | 44.4 | 42.6 | 58.5 | 37 | 29.5 | 42.9 | 36.5 | 48 |
| Asset turnover | 1.13 | — | 1.13 | 0.89 | 0.86 | 0.94 | 0.94 | 0.91 |
| Return ratios | ||||||||
| Return on assets % | 12.4% | — | 15.3% | 10.3% | 10.6% | 13.3% | 11% | 11.9% |
| Return on capital employed % | 21.1% | — | 24.1% | 19.2% | 17.4% | 20.4% | 17.7% | 21.6% |
| Return on equity % | 14.7% | — | 18.3% | 14.1% | 13.3% | 16.7% | 14.1% | 15.7% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
1 schemes
| Shares | ||||||
|---|---|---|---|---|---|---|
| (Investment Manager for Motilal Oswal Mutual Fund) | Motilal Oswal Mutual Fund | 111 | 0 | 0% | 0% | -0 |
Documents link to external sources (exchange filings, company investor pages).
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36.29% | 36.28% | 36.25% | 36.33% | 36.17% | 36.13% | 36.13% | 36.13% | 36.13% | 36.13% | 36.13% | 36.13% | |
| 9.57% | 9.57% | 9.56% | 9.51% | 9.55% | 10.06% | 9.85% | 11.29% | 11.3% | 11.31% | 11.55% | 11.6% | |
| 19.96% | 20.07% | 21.08% | 23.38% | 22.93% | 23.65% | 23.66% | 22.71% | 23.1% | 23.11% | 23.21% | 21.3% | |
| 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| 34.18% | 34.08% | 33.11% | 30.78% | 31.35% | 30.16% | 30.36% | 29.87% | 29.47% | 29.45% | 29.11% | 30.97% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 42,054 | 41,581 | 40,319 | 39,264 |
Promoter holding down 0.16 percentage points since Sep 2023.
| Person | Deal | Shares | Value | Holding | Filed |
|---|---|---|---|---|---|
| Parul Bimal ThakkarPromoters | Pledge RevokeRevokation of Pledge | 12,00,000 | ₹27.83 cr | 4.94% → 4.94% | 17 Sept 20257(2) |
Disclosed under SEBI’s insider-trading regulations, which require a filing only above ₹10 lakh in a quarter — smaller dealings are in no disclosure. Holdings are the filer’s own percentages, not recomputed.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 2 Jul 2026 | QE SECURITIES LLP | Bulk | NSE | Buy | 6,09,869 | ₹325.42 | ₹19.85 Cr |
| 2 Jul 2026 | QE SECURITIES LLP | Bulk | NSE | Sell | 5,85,106 | ₹336.37 | ₹19.68 Cr |
| 24 Apr 2026 | SBI FUNDS MANAGEMENT LIMITED | Bulk | NSE | Buy | 13,00,000 | ₹259.98 | ₹33.80 Cr |
| 24 Apr 2026 | SBI FUNDS MANAGEMENT LIMITED | Bulk | BSE | Buy | 9,00,000 | ₹260.00 | ₹23.40 Cr |
| 28 May 2025 | ABAKKUS EMERGING OPPORTUNITIES FUND 1 | Bulk | BSE | Sell | 16,86,435 | ₹225.00 | ₹37.94 Cr |
| 28 May 2025 | INFINITY CAPITAL | Bulk | BSE | Buy | 16,85,653 | ₹225.00 | ₹37.93 Cr |
| 12 Sept 2024 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Sell | 8,09,464 | ₹288.45 | ₹23.35 Cr |
| 12 Sept 2024 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Buy | 8,09,464 | ₹288.62 | ₹23.36 Cr |
| 28 Aug 2024 | INFINITY PORTFOLIO HOLDINGS | Block | NSE | Buy | 17,55,000 | ₹269.24 | ₹47.25 Cr |
| 28 Aug 2024 | INFINITY HOLDINGS | Block | NSE | Sell | 17,55,000 | ₹269.24 | ₹47.25 Cr |
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
Announcement Under Regulation 30 (LODR) - Communication To Shareholders W.R.T Deduction Of Tax At Source On Final Dividend For Financial Year Ended 31St March, 2026.
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
| Date | Category | Subject | Filing |
|---|---|---|---|
| 14 Jul 2026, 10:51 pm | Company Update Newspaper Publication | Announcement under Regulation 30 (LODR)-Newspaper Publication | |
| 14 Jul 2026, 10:19 pm | Company Update General | Announcement Under Regulation 30 (LODR) - Communication To Shareholders W.R.T Deduction Of Tax At Source On Final Dividend For Financial Year Ended 31St March, 2026. | |
| 3 Jul 2026, 7:14 pm | Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 | Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 |
Consolidated figures · ₹ crore
| ₹ Cr | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 201 | 231 | 273 | 369 | 421 | 450 | 520 | 590 | 683 | |
| COGS | 114 | 120 | 149 | 215 | 210 | 214 | 244 | 248 | 273 |
| Gross profit | 87 | 111 | 124 | 154 | 212 | 236 | 276 | 341 | 410 |
| 68 | 72 | 83 | 86 | 145 | 155 | 171 | 243 | 280 | |
| 19 | 39 | 41 | 68 | 67 | 81 | 105 | 98 | 131 | |
| OPM % | 9.5% | 16.7% | 14.9% | 18.3% | 15.8% | 17.9% | 20.2% | 16.7% | 19.1% |
| Depreciation | 4 | 14 | 6 | 6 | 9 | 14 | 16 | 18 | 21 |
| Interest | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 |
| 19 | 14 | 21 | 6 | 9 | 11 | 11 | 14 | 13 | |
| Profit before tax | 32 | 38 | 55 | 67 | 65 | 75 | 98 | 92 | 120 |
| Tax | 14 | 12 | 12 | 17 | 17 | 20 | 24 | 22 | 30 |
| Tax % | 43.6% | 32.9% | 22.2% | 24.9% | 25.5% | 26% | 24.8% | 24.4% | 25.1% |
| 18 | 25 | 43 | 50 | 49 | 56 | 74 | 69 | 90 | |
| PAT margin % | 9% | 10.9% | 15.7% | 13.6% | 11.5% | 12.4% | 14.2% | 11.8% | 13.2% |
| EPS (₹) | 8.5 | 12.3 | 21.4 | 25 | 24 | 25.6 | 6.9 | 6.3 | 8.2 |
| EPS adjusted (₹) | 1.7 | 2.5 | 4.2 | 4.9 | 4.5 | 5 | 6.7 | 6.2 | 8.1 |
| 0% | 0% | 14% | 12% | 16.7% | 35.1% | 17.5% | 19% | 14.7% | |
| Annual report | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 22 | 20 | 20 | 20 | 21 | 22 | 22 | 22 | 22 |
| Reserves | 153 | 151 | — | 253 | 322 | 397 | 419 | 470 | 550 |
| Minority interest | — | — | — | — | 3 | 2 | 1 | — | — |
| 0 | 0 | — | 0 | 16 | 0 | 0 | 9 | 9 | |
| 39 | 32 | — | 53 | 110 | 103 | 114 | 127 | 174 | |
| Total equity & liabilities | 213 | 204 | — | 327 | 471 | 525 | 556 | 628 | 755 |
| 80 | 69 | 77 | 77 | 160 | 175 | 161 | 186 | 258 | |
| CWIP | 0 | 1 | — | 0 | 0 | 7 | 5 | 19 | 27 |
| Investments | — | — | — | 17 | 39 | 80 | 99 | 61 | 15 |
| 133 | 134 | — | 233 | 271 | 263 | 292 | 363 | 455 | |
| Total assets | 213 | 204 | — | 327 | 471 | 525 | 556 | 628 | 755 |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Processed and preserved foods | 580.86 | 142.82 | 591.78 | 114.57 | 477.21 | 29.93 |
| Distribution Business | 102.37 | 15.08 |
| ₹ Cr | Mar 2018 | Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| 21 | 26 | 36 | 34 | 51 | 70 | 37 | 58 | |
| 6 | -5 | -8 | -54 | -63 | 16 | -40 | -11 | |
| -11 | -32 | -7 | 33 | -5 | -63 | -21 | -24 | |
| Net cash flow | 17 | -11 | 20 | 13 | -17 | 23 | -23 | 22 |
| Free cash flow | 17 | 21 | 32 | 22 | 26 | 54 | -4 | -25 |
| CFO / Operating profit % | 112.3% | 67.7% | 52.5% | 51.2% | 62.7% | 66.6% | 38% | 44.1% |
| 84.62 |
| 30.06 |
| 54.56 |
| 27.64 |
₹ crore by fiscal year