ADF Foods Limited

NSE: ADFFOODS · Unclassified

₹240.49-8.89%06 Nov 2026

Ask the data

Instant answers about ADF Foods Limited — computed from its filings, no language model

Market cap₹2,642 cr

Current price₹240.49

High / Low₹320 / ₹158

P/E29.1

P/B4.34

Book value₹55.4

ROE14.9%

ROCE19.6%

Debt / equity0.05

Dividend yield0.50%

EPS (TTM)₹8.28

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	231.4	272.8	369.3	421.2	450.3	520.3	589.6	683.2
EBITDA	38.7	40.7	67.8	66.5	80.6	104.9	98.4	130.7
Operating margin	16.7%	14.9%	18.3%	15.8%	17.9%	20.2%	16.7%	19.1%
Interest	0.9	1.3	1.2	1.8	2.6	2.3	2.6	2.7
Depreciation	14.2	5.9	5.9	9.1	13.7	15.6	18.2	21.1
Profit before tax	37.7	55.0	66.7	65.1	75.5	98.1	91.6	120.1
Tax	12.4	12.2	16.6	16.6	19.6	24.3	22.3	30.2
Net profit	25.3	42.8	50.1	48.1	56.1	75.3	69.3	89.9
EPS ₹	12.34	21.36	25.01	23.97	25.62	6.85	6.30	8.19
Operating cash flow	—	—	—	34.1	50.5	69.8	37.4	57.6
Capex	—	—	—	11.7	24.7	15.5	41.2	82.8
Dividend paid	—	—	—	6.0	8.8	54.9	19.8	13.2
Total assets	—	—	—	—	525.0	556.0	628.2	754.5
Equity	—	—	—	—	419.2	441.1	492.7	571.9

Quarterly performance

last 35 quarters · ₹ crore

showing latest 8 of 35 periods

	MAR '17	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	53.1	58.9	51.4	63.1	60.8	64.1	65.7	56.9	70.4	79.7	73.9	94.3	98.6	102.6	86.2	109.4	117.1	108.2	106.7	123.2	123.1	112.4	124.6	129.7	153.6	121.6	161.4	147.5	159.1	132.9	162.6	191.0	196.7	167.3	200.9
Operating profit	4.8	9.7	8.5	14.4	8.3	12.4	10.0	8.0	9.2	13.4	12.5	16.1	19.0	20.2	12.4	18.6	18.4	15.4	18.0	27.1	26.5	21.9	21.8	27.0	34.3	19.6	27.7	26.4	24.7	23.5	35.8	37.1	34.3	29.7	39.0
Operating margin	9.1%	16.4%	16.6%	22.8%	13.6%	19.3%	15.3%	14.1%	13.1%	16.8%	16.9%	17.1%	19.3%	19.7%	14.4%	17.0%	15.7%	14.2%	16.9%	22.0%	21.5%	19.5%	17.5%	20.8%	22.3%	16.1%	17.2%	17.9%	15.5%	17.7%	22.0%	19.4%	17.4%	17.7%	19.4%
Other income	1.2	2.5	1.6	2.1	0.3	5.2	5.2	6.7	3.8	6.1	0.6	2.5	0.9	2.0	3.5	0.9	1.6	3.9	3.9	2.6	0.6	2.5	3.0	3.8	1.8	5.0	3.5	4.0	1.6	3.0	5.8	2.5	8.7	1.1	4.2
Interest	0.2	0.2	0.1	0.2	0.3	0.2	0.2	0.3	0.4	0.4	0.3	0.2	0.3	0.2	0.1	0.2	0.2	0.8	0.7	0.7	0.6	0.5	0.6	0.6	0.6	0.6	0.6	0.7	0.7	0.6	0.8	0.6	0.8	0.7	0.9
Depreciation	1.1	3.5	1.1	1.1	1.1	10.9	1.4	1.3	1.4	1.8	1.4	1.5	1.5	1.5	1.4	1.7	1.9	3.1	3.3	3.6	3.5	3.6	3.7	4.0	4.4	4.4	4.5	4.6	4.7	4.9	5.2	5.3	5.7	6.6	6.7
Profit before tax	4.7	8.6	8.9	15.2	7.2	6.4	13.1	13.3	11.3	17.3	11.3	16.9	18.1	20.4	14.3	17.6	17.9	15.3	17.9	25.4	22.9	20.3	20.6	26.2	31.1	19.6	26.1	25.0	20.9	21.1	35.6	26.9	36.5	23.5	35.6
Tax	1.3	1.7	2.9	4.8	2.2	3.2	3.9	4.0	0.3	4.0	2.7	4.3	4.2	5.5	3.2	5.2	4.2	4.0	4.3	6.9	6.8	5.5	5.6	7.1	6.0	5.2	6.5	6.2	4.5	5.9	9.2	4.5	10.6	6.2	10.2
Net profit	3.5	6.9	6.0	10.4	5.0	3.2	9.2	9.3	11.0	13.3	8.7	12.6	13.9	14.9	11.1	12.4	13.3	11.2	13.6	18.5	16.3	15.0	15.0	19.4	25.9	15.0	0.0	0.0	16.4	15.2	26.4	22.4	25.9	17.3	25.3
EPS ₹	1.64	3.25	2.83	5.18	2.43	1.54	4.59	4.64	5.49	6.65	4.32	6.28	6.95	7.46	5.56	6.24	6.80	5.58	6.18	8.43	7.43	6.85	1.37	1.76	2.35	1.37	1.79	1.71	1.50	1.39	2.40	2.04	2.36	1.57	2.31
Revenue YoY	—	10.9%	—	—	—	8.9%	27.9%	-9.8%	15.8%	24.4%	12.4%	65.6%	40.0%	28.7%	16.7%	16.0%	18.8%	5.4%	-2.4%	5.2%	13.8%	—	16.8%	5.2%	24.8%	8.2%	29.5%	13.8%	3.5%	9.3%	0.8%	29.5%	23.7%	25.9%	23.6%
Profit YoY	—	98.3%	—	—	—	-53.9%	53.4%	-10.3%	118.7%	319.9%	-5.9%	35.4%	26.5%	12.2%	28.8%	-1.2%	-4.2%	-24.9%	9.3%	38.9%	45.7%	—	10.5%	4.6%	58.4%	0.0%	-100.0%	-100.0%	-36.4%	1.3%	—	—	57.6%	13.5%	-4.0%

Earlier results (standalone, Sep '07 – Dec '16)

₹ crore · from BSE, before the NSE XBRL filings begin

ADF Foods Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†
Revenue	93.4	101.7	110.8	113.1	129.1	141.8	149.4	160.6
Operating profit	17.3	17.9	22.4	21.9	14.3	20.7	20.4	27.3
Operating margin	18.5%	17.6%	20.3%	19.3%	11.1%	14.6%	13.7%	17.0%
Other income	3.8	7.8	5.3	2.5	4.0	5.7	6.9	4.0
Interest	2.4	1.8	1.6	1.2	1.6	1.1	0.9	1.1
Depreciation	3.9	4.2	4.5	4.7	4.2	7.3	7.3	7.9
Profit before tax	13.2	19.6	20.0	17.2	19.8	18.0	20.8	22.2
Tax	3.4	4.0	2.2	5.5	4.2	5.5	6.2	8.1
Net profit	9.8	15.6	17.8	11.7	15.6	12.4	14.6	14.1

Quarters

showing latest 8 of 38 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†
Revenue	25.1	21.7	24.7	19.4	27.7	23.6	22.7	23.2	27.5	22.9	28.2	22.0	29.3	28.5	31.0	22.4	30.9	29.2	30.6	29.0	31.3	30.2	38.5	29.4	35.5	32.5	44.4	38.5	34.8	33.8	42.3	37.3	40.3	39.7	43.3	40.3	42.5	41.1
Operating profit	4.2	3.6	3.3	4.0	4.8	2.8	5.7	5.5	7.0	3.2	2.1	3.6	7.3	5.7	5.9	5.3	7.1	5.3	4.1	4.4	3.8	1.3	4.9	4.2	5.9	4.8	5.9	7.5	4.9	2.8	5.2	5.5	9.1	6.3	6.5	7.0	5.1	5.3
Operating margin	16.7%	16.5%	13.4%	20.5%	17.2%	12.0%	25.2%	23.7%	25.7%	13.9%	7.5%	16.6%	24.8%	19.8%	19.0%	23.9%	22.9%	18.2%	13.5%	15.2%	12.1%	4.2%	12.6%	14.1%	16.7%	14.7%	13.2%	19.4%	14.1%	8.2%	12.3%	14.6%	22.6%	15.8%	14.9%	17.3%	11.9%	13.0%
Other income	0.5	0.6	0.9	2.1	0.9	0.5	0.3	2.7	0.5	1.9	2.8	2.2	1.2	0.7	1.2	0.6	0.9	0.1	0.9	0.5	1.0	1.1	1.4	3.5	1.3	0.1	0.8	2.0	2.0	1.0	1.9	2.3	1.2	0.5	-0.1	0.6	1.4	2.3
Interest	0.5	0.6	0.8	0.6	0.6	0.5	0.6	0.4	0.5	0.5	0.5	0.4	0.3	0.5	0.5	0.3	0.4	0.3	0.2	0.3	0.4	0.4	0.6	0.2	0.3	0.2	0.4	0.2	0.3	0.2	0.2	0.2	0.3	0.4	0.2	0.2	0.3	0.2
Depreciation	0.7	0.9	0.9	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.2	1.1	1.1	1.1	1.1	1.2	1.2	1.1	1.1	1.0	1.0	1.0	1.2	1.7	1.7	1.7	2.2	1.8	1.9	1.8	1.9	2.0	2.0	2.0	1.9	1.8	1.8	1.8
Profit before tax	3.4	2.7	2.5	3.2	2.9	2.7	4.5	6.8	6.0	3.6	3.2	3.1	6.4	4.8	5.7	4.8	6.0	2.8	3.6	3.6	3.4	1.0	11.8	5.7	5.2	3.0	4.0	7.5	4.8	3.5	5.1	5.6	8.0	4.4	4.2	5.7	4.3	5.6
Tax	1.2	0.4	1.4	0.9	0.4	0.1	2.0	1.4	1.5	0.6	0.5	0.6	0.9	0.5	0.3	1.6	1.9	0.9	1.0	1.3	1.1	0.4	1.5	1.8	1.9	1.0	0.9	1.9	1.2	0.8	2.3	2.1	2.8	1.7	1.5	2.0	1.6	1.8
Net profit	2.1	2.3	1.1	2.3	2.4	2.6	2.5	5.3	4.6	3.1	2.7	2.6	5.5	4.2	5.5	3.2	4.0	1.9	2.5	2.3	2.4	0.6	10.3	4.0	3.4	2.0	3.1	5.6	3.6	2.7	2.7	3.5	5.2	2.7	2.7	3.7	2.8	3.8
EPS ₹	2.14	1.30	—	1.31	1.37	1.47	1.40	3.01	2.57	1.68	1.43	1.28	2.76	2.13	2.73	1.60	2.01	0.96	1.26	1.15	1.17	0.31	4.67	1.80	1.52	0.91	1.43	2.55	1.64	1.21	1.24	1.59	2.35	1.24	1.23	1.67	1.26	1.75
Revenue YoY	—	—	—	—	10.4%	8.7%	-8.1%	19.9%	-1.0%	-3.1%	23.8%	-5.3%	6.7%	24.9%	10.0%	1.7%	5.5%	2.4%	-1.2%	29.9%	1.4%	3.3%	25.8%	1.4%	13.3%	7.7%	15.2%	30.9%	-1.8%	3.9%	-4.7%	-3.3%	15.6%	17.6%	2.5%	8.2%	5.4%	3.5%
Profit YoY	—	—	—	—	12.6%	12.6%	118.6%	130.7%	88.4%	18.5%	8.5%	-52.0%	21.1%	38.4%	103.7%	24.2%	-27.2%	-54.6%	-53.3%	-27.0%	-41.3%	-67.4%	303.1%	70.7%	41.9%	217.5%	-69.5%	41.9%	7.5%	33.0%	-13.1%	-37.7%	43.6%	2.3%	-0.7%	4.9%	-46.6%	39.7%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 28 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	15.1%	14.7%	14.9%	17.1%	17.1%	13.0%	8.8%	6.4%	6.4%	11.0%	15.2%	15.7%	16.1%	14.9%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	21.2%	20.8%	20.9%	22.8%	22.6%	22.7%	22.5%	18.8%	19.1%	19.6%	19.9%	21.1%	21.6%	19.6%
Net margin	12.1%	10.3%	10.9%	10.8%	12.7%	15.7%	15.0%	14.3%	14.0%	13.6%	13.8%	13.2%	12.5%	11.4%	13.6%	13.4%	13.4%	14.5%	14.2%	10.6%	7.0%	5.3%	5.3%	9.6%	12.5%	13.2%	12.8%	12.0%
EBITDA margin	17.5%	18.2%	17.8%	15.6%	15.4%	14.9%	15.4%	16.1%	17.6%	18.3%	17.7%	17.7%	16.8%	15.4%	20.1%	20.1%	19.8%	20.2%	19.4%	19.2%	18.5%	16.7%	17.0%	18.3%	18.8%	19.1%	19.1%	18.5%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.02	0.02	0.02	0.02	0.02	0.05
Interest coverage	50.23	44.38	46.06	39.11	39.65	42.34	37.44	42.76	49.23	59.02	72.89	77.64	88.79	48.54	35.58	38.62	39.40	42.91	40.90	43.18	40.89	36.64	37.67	38.46	41.68	45.48	44.59	43.07
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.89	0.87	0.88	0.94	0.95	0.97	1.00	0.94	0.96	0.89	0.95	0.91	0.95	0.94

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	22.4	22.4	22.4	22.4	22.4	22.4	22.4	22.4	22.4
Other equity / reserves	360.9	396.9	417.8	418.8	440.8	470.3	506.9	549.6	586.0
Total equity	383.2	419.2	440.1	441.1	463.2	492.7	529.3	571.9	608.4
Borrowings	9.5	0.0	0.0	0.0	0.0	8.8	8.8	8.8	30.2
Current liabilities	56.0	43.1	52.4	52.6	59.3	69.3	79.2	114.8	113.2
Non-current liabilities	62.7	60.3	63.5	61.5	63.9	66.3	68.2	67.7	81.7
Total assets	504.5	525.0	558.0	556.0	586.3	628.2	676.7	754.5	803.3
Property, plant & equipment	116.5	129.1	130.9	138.7	135.5	144.7	152.3	218.2	228.8
Capital work-in-progress	0.6	6.7	9.0	5.1	12.3	18.9	60.0	26.6	16.4
Investments	52.4	80.0	84.3	76.7	75.9	60.7	12.3	14.5	49.4
Inventories	82.1	63.1	55.7	53.0	81.0	89.9	109.1	119.5	140.2
Receivables	91.0	94.3	82.1	108.5	106.5	117.2	114.4	143.8	131.6
Cash & equivalents	43.7	39.9	68.2	59.7	53.2	37.1	66.0	65.6	72.5

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	34.1	50.5	69.8	37.4	57.6
Cash from investing	-53.8	-62.9	16.4	-39.6	-10.9
Cash from financing	33.0	-4.8	-63.4	-21.1	-24.3
Capex	11.7	24.7	15.5	41.2	82.8
Free cash flow	22.4	25.9	54.4	-3.8	-25.2
Dividends paid	6.0	8.8	54.9	19.8	13.2

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹228.8 cr28%

CWIP

₹16.4 cr2%

Investments

₹49.4 cr6%

Inventories

₹140.2 cr17%

Receivables

₹131.6 cr16%

Cash & equivalents

₹72.5 cr9%

Other assets

₹164.6 cr20%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
ADF Foods Limited	2,642	240.49	29.1	4.34	14.9%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-17.6%

6 months-9.9%

1 year+7.6%

3Y CAGR+1.9%

5Y CAGR+7.1%

10Y CAGR+22.3%

50-day avg₹266.59

200-day avg₹250.93

RSI (14)36

FAQs

What is the share price of ADF Foods Limited?

ADF Foods Limited (ADFFOODS) closed at ₹240.49 on NSE on 06 Nov 2026.

What is the market cap of ADF Foods Limited?

₹2,642 crore at the latest close.

What is the P/E ratio of ADF Foods Limited?

29.1, on trailing-twelve-month earnings from its filings.

How fast is ADF Foods Limited growing?

ADF Foods Limited: revenue has compounded at 14.9% a year over three years; net profit at 17.0% a year. Latest-quarter revenue is up 23.6% year on year, profit down 4.0%.

How profitable is ADF Foods Limited?

On a trailing-twelve-month basis return on equity is 14.9%, return on capital employed 19.6%, operating margin 18.5%, net margin 12.0%.

How much debt does ADF Foods Limited have?

ADF Foods Limited is debt-free: debt to equity is 0.05 with borrowings of ₹30 cr against cash of ₹72 cr (balance sheet of 2026-09-30). Operating profit covers interest 43.1 times.

Financials parsed from ADF Foods Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '17, annual from FY19, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.