Integrated Proteins Ltd (INTEGFD)

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Integrated Proteins Ltd (INTEGFD) · mywealthgrid

About

Integrated Proteins Ltd operates in edible oil, a segment of Consumer Staples. The ₹267.78 Cr market-cap company shows extreme revenue volatility (many quarters n/a; Mar 2025 ₹21.49 Cr) and near-zero cumulative profitability, suggesting early-stage or transitional operations.

Face value: ₹1

Market cap

₹24 Cr

P/E

96.8×

P/B

1.2×

Dividend yield

ROE

1.1%

ROCE

1.4%

Debt / equity

OPM

2.8%

EPS (TTM)

₹0.1

Book value

₹11.0

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Revenue severely erratic with many quarters showing n/a or minimal figures (₹0.01 Cr, ₹0.24 Cr); Mar 2025's ₹21.49 Cr requires verification for underlying sustainability
Operating margins deeply negative in recent history (Dec 2024 −400%, Mar 2024 −21.1%); recovery to 1.12% in Mar 2025 is marginal—verify credibility of turnaround
PE of 1,071.14 extreme relative to near-zero or negative earnings (EPS often zero or negative)—substantial correction risk if fundamentals deteriorate
Promoter holding minimal at 2.24% with zero FII or DII (97.76% public)—verify whether current valuation reflects informed buyers or retail momentum

Generated analysis · source review pending

Growth drivers

Mar 2025 revenue of ₹21.49 Cr represents significant jump from prior quarters (₹0.01–₹0.24 Cr range), signaling potential operational scaling if trend sustains
Operating margin recovered to positive 1.12% in Mar 2025 after successive negative quarters (Dec 2024 −400%, Mar 2024 −21.1%); margin expansion at scale could drive profitability
D/E ratio of 0.02 indicates minimal debt, providing balance-sheet capacity to fund working capital, capacity expansion, or strategic investment

Generated analysis · source review pending

1,002 historical price candles were omitted because the exchange source has not been verified.

₹12.9-2.7%1Y

Quick read

rule-based

Pros

+Profit CAGR of 63% over the last 5 years
+Revenue CAGR of 288.1% over the last 3 years
+Almost debt-free (debt/equity 0)

Cons

−Low return on equity of 2.3% (3-yr avg)
−Thin operating margin of 2.8%
−Expensive at 96.8× trailing earnings
−Low promoter holding of 2.2%
−Promoter holding fell 10.8 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

50/100

Business quality: 25
Growth

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	0	—	—	—	—	0	0	0	0	22	10
COGS	—	—	—	—	—	0	0	0	0	21	10
Gross profit	—	—	—	—	—	—	—	0	0	0	0
	0	—	—	—	—	0	0	0	0	0	0
	-0	—	—	—	—	-0	-0	-0	-0	0	0
OPM %	-75%	—	—	—	—	—	—	-47.1%	-45.8%	0.5%	2.8%
Depreciation	0	0	0	0	0	0	0	0	0	0	0
Interest	—	—	—	—	—	0	0	0	0	0	0
	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	0	0	0	0	0	0	0	0	0	0	0
Tax	—	—	—	—	0	0	0	0	0	0	0
Tax %	—	—	—	—	50%	33.3%	20%	25%	10%	21.9%	21.4%
	0	0	0	0	0	0	0	0	0	0	0
PAT margin %	100%	—	—	—	—	—	—	17.7%	37.5%	1.2%	2.3%
EPS (₹)	0.2	0.1	—	0.1	0	0.1	0.2	—	0.3	0.7	0.1
EPS adjusted (₹)	—	—	—	—	0	0	0	0	0	0.1	0
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	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	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	4	4	4	4	4	4	19
Reserves	—	-1	-1	-1	-1	17	2
	—	0	0	0	0	4	0
	—	0	0	0	0	8	0
Total equity & liabilities	—	3	3	3	3	32	21
	0	0	0	0	0	0	0
CWIP	—	0	0	0	0	—	0
Investments	—	0	0	0	0	0	0
	—	2	2	2	2	32	21
Total assets	—	3	3	3	3	32	21

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	11.8%	8.3%	2.2%	4.4%
EBITDA margin %	—	—	—	—	-47.1%	-45.8%	0.5%	2.8%
EBIT margin %	—	—	—	—	-64.7%	-58.3%	0.4%	2.8%
PAT margin %	—	—	—	—	17.7%	37.5%	1.2%	2.3%
Working capital
Receivable days	—	—	—	—	0	0	0	76
Inventory days	—	—	—	—	0	0	0	0
Payable days	—	—	—	—	146	17	139	0
NWC days	—	—	—	—	-146	-17	-139	76
Leverage
Current ratio	—	—	2.22	1.89	2.13	1.25	2.64	257
Debt to EBITDA	—	—	—	—	—	—	39	0
Debt to equity	—	—	0.01	0.03	0.08	0.02	0.19	0
Interest coverage	—	—	—	—	—	—	—	—
Asset turnover	—	—	0	0	0.06	0.09	0.66	0.48
Return ratios
Return on assets %	—	—	0.8%	1.5%	1.1%	3.3%	0.8%	1.1%
Return on capital employed %	—	—	1.2%	2%	1.5%	4.1%	2.9%	1.4%
Return on equity %	—	—	0.8%	1.6%	1.2%	3.4%	1.2%	1.1%

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.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

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
	46.29%	46.29%	46.29%	46.29%	46.29%	22.4%	13.04%	13.04%	13.04%	2.23%	2.23%	2.24%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	53.71%	53.71%	53.71%	53.71%	53.71%	77.6%	86.96%	86.96%	86.96%	97.77%	97.77%	97.76%
No. of shareholders	—	—	—	—	—	—	—	—	1,881	1,904	1,944	2,064

Promoter holding down 44.05 percentage points since Sep 2023.

Mr. Hiren Dhirajlal ShahChairperson & Managing Director
Mr. Vinod Prabhulal MehtaExecutive Director
Mrs. Neepa Praful KothariExecutive Director
Mr. Nitish Pratapray MehtaNon-Executive - Non-Independent Director
Mrs. Jyoti Jashvantray KatariaNon-Executive - Independent Director
Mr. Priyansh Tejash ParekhNon-Executive - Independent Director
Mr. Sandeep MahadikNon-Executive - Independent Director
Mr. Kishan Shantilal KanjariaNon-Executive - Independent Director
Mr. Manish MungraChief Financial Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Integrated Proteins Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results14 Aug 2026

1

Face value ₹10 → ₹14 Sept 2026 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

31 announcementsExport CSV

30 Sept 2026, 9:28 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Directorate

Change in Directorate PDF

30 Sept 2026, 9:25 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

30 Sept 2026, 8:39 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Directorate

Change in Directorate PDF

30 Sept 2026, 8:35 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

30 Sept 2026, 8:33 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

10 Sept 2026, 8:17 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

8 Sept 2026, 6:49 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

3 Sept 2026, 1:25 pmCompany Update

Intimation Of New ISIN - INE177M01021 With Respect To Sub-Division/Split Of Face Value Of Equity Shares Of The Company

General PDF

Date	Category	Subject	Filing
30 Sept 2026, 9:28 pm	Company Update Change in Directorate	Announcement under Regulation 30 (LODR)-Change in Directorate	PDF
30 Sept 2026, 9:25 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	11.8%	8.3%	2.2%	4.4%
EBITDA margin %	—	—	—	—	-47.1%	-45.8%	0.5%	2.8%
EBIT margin %	—	—	—	—	-64.7%	-58.3%	0.4%	2.8%
PAT margin %	—	—	—	—	17.7%	37.5%	1.2%	2.3%
Working capital
Receivable days	—	—	—	—	0	0	0	76
Inventory days	—	—	—	—	0	0	0	0
Payable days	—	—	—	—	146	17	139	0
NWC days	—	—	—	—	-146	-17	-139	76
Leverage
Current ratio	—	—	2.22	1.89	2.13	1.25	2.64	257
Debt to EBITDA	—	—	—	—	—	—	39	0
Debt to equity	—	—	0.01	0.03	0.08	0.02	0.19	0
Interest coverage	—	—	—	—	—	—	—	—
Asset turnover	—	—	0	0	0.06	0.09	0.66	0.48
Return ratios
Return on assets %	—	—	0.8%	1.5%	1.1%	3.3%	0.8%	1.1%
Return on capital employed %	—	—	1.2%	2%	1.5%	4.1%	2.9%	1.4%
Return on equity %	—	—	0.8%	1.6%	1.2%	3.4%	1.2%	1.1%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Patanjali Foods LimitedPATANJALIPATANJALI	₹38,644 Cr	₹41,427 Cr	₹42,776 Cr	₹1,975 Cr	4.4%	₹1,970 Cr	4.5%	13.7%	14.8%	74
Awl Agri Business LimitedAWLAWL	₹22,801 Cr	₹23,619 Cr	₹77,720 Cr	₹2,458 Cr	2.9%	₹1,156 Cr	1.4%	18.2%	10.5%	40
Gokul Agro Resources LimitedGOKULAGROGOKULAGRO	₹6,200 Cr	₹6,771 Cr	₹24,435 Cr	₹747 Cr	2.8%	₹421 Cr	1.5%	40.8%	30.1%	4
CIAN Agro Industries & Infrastructure LtdCIANAGROCIANAGRO	₹2,844 Cr	₹4,043 Cr	₹2,234 Cr	₹476 Cr	21.3%	₹223 Cr	10%	13.4%	10.8%	116
Sundrop Brands LimitedSUNDROPSUNDROP	₹2,839 Cr	₹2,839 Cr	₹1,605 Cr	₹70 Cr	3.8%	₹29 Cr	1.3%	1.8%	1.4%	39
Shri Venkatesh Refineries LtdSVRLSVRL	₹1,501 Cr	—	₹1,378 Cr	₹73 Cr	5.3%	₹38 Cr	2.8%	—	—	—
Gokul Refoils And Solvent LimitedGOKULGOKUL	₹383 Cr	₹765 Cr	₹4,211 Cr	₹39 Cr	0.9%	₹21 Cr	0.5%	15.7%	5.2%	23
Kriti Nutrients LimitedKRITINUTKRITINUT	₹333 Cr	₹341 Cr	₹940 Cr	₹44 Cr	4.7%	₹33 Cr	3.7%	20.1%	15.4%	20
Halder Venture LimitedHALDERHALDER	₹289 Cr	₹649 Cr	₹646 Cr	₹28 Cr	4.3%	₹29 Cr	4.9%	34.5%	24.2%	229
Vijay Solvex LtdVIJSOLXVIJSOLX	₹199 Cr	₹209 Cr	₹1,829 Cr	₹4 Cr	0.2%	₹3 Cr	0.2%	1.4%	0.9%	14
Prime Industries LtdPRIMINDPRIMIND	₹195 Cr	₹234 Cr	₹0 Cr	₹0 Cr	-2.9%	₹1 Cr	16.2%	6.9%	3.3%	36
Ajanta Soya LtdAJANTSOYAJANTSOY	₹173 Cr	₹181 Cr	₹931 Cr	₹37 Cr	0.9%	₹25 Cr	0.6%	9.3%	5.1%	29

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-0	-0	-0	-0	-22	4
	0	0	0	0	1	0
	0	0	0	-0	21	-4
Net cash flow	-0	-0	-0	-0	0	-0
Free cash flow	-0	-0	-0	-0	-22	4
CFO / Operating profit %	—	—	—	—	—	—

Integrated Proteins Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

1

1

Announcements

1

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Integrated Proteins Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Stock splits1

Announcements

Board meetings1

Stock splits1

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

1

1

1