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ADF Foods Ltd share Price Today

Company details

232.00
238.84
179.00
261.95
6M Return 16.08%
1Y Return 13.88%
Mkt Cap.(Cr) 2,557.63
Volume 111,664
Div Yield 0.52%
OI
-
OI Chg %
-
Volume 111,664

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Packaged Foods company ADF Foods announced Q4FY24 & FY24 results:

  • Standalone Revenue for the quarter was Rs 129.0 crore registering a growth of 31.3% on a YoY basis. EBITDA stood at Rs 31.8 crore, with margin of 24.7%. PAT grew on a yearly basis by 24.7% to reach Rs 25.3 crore at a margin of 19.6%
  • In Q4FY24, on a consolidated basis revenue grew by 24.8% YoY to Rs 153.6 crore. EBITDA stood at Rs 34.3 crore, with margin of 22.3%. PAT grew on a yearly basis by 55.7% to reach Rs 25.0 crore at a margin of 16.3%
  • For FY24, standalone and consolidated revenue registered a growth of 17.2% YoY and 15.6% YoY to Rs 414.1 crore. and Rs 520.3 crore. respectively. Standalone and consolidated PAT increased by 32.7% and 32.1% YoY to Rs 79.6 crore. and Rs 73.8 crore respectively

Commenting on the Results, Bimal Thakkar – Chairman & Managing Director said, “We recorded our best ever quarter in terms of revenue as well as profitability metrics on a standalone and consolidated basis led by increasing volumes and better product mix.

Our revenues also surpassed the Rs 500 crore milestone in FY24 on a consolidated basis. On a standalone basis, we have nearly doubled our EBITDA and PAT over the past 2 years, a testament to the operating leverage playing out on a sustained basis.

We continued to witness strong demand across all our brands. Our flagship ‘Ashoka’ brand saw continued addition of new products and launch in new markets as well as increased penetration in existing markets.

We continue to be bullish in terms of our outlook in FY25 and expect revenue growth to be upwards of 20%. Overall, we are excited about the future potential of our business and remain focused to achieving healthy and sustainable growth in future.”

Result PDF

View Other Company Results

ADF Foods Ltd shares SWOT Analysis

Strengths (11)

  • Rising Net Cash Flow and Cash from Operating activity
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (1)

  • Promoters increased pledged shares QoQ

Opportunity (0)

Data not found

Threats (0)

Data not found

Resistance and support

R1 237.1
R2 241.4
R3 243.9
Pivot

234.55

S1 230.3
S2 227.7
S3 223.4
EMA SMA
234.0
227.6
220.1
211.6
236.4
228.4
214.4
212.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
RELIANCE COMMERCIAL FINANCE LIMITED Bulk Purchase 2024-02-29 190 690485 NSE
TOP CLASS CAPITAL MARKETS PRIVATE LIMITED Bulk Sell 2024-02-29 191.31 860000 NSE
RELIANCE COMMERCIAL FINANCE LIMITED Bulk Purchase 2024-01-18 192.32 550000 BSE
Name Category Shares
Mahalaxmi Ramesh Thakkar PROMOTER 8.8%
Parul Bimal Thakkar PROMOTER 4.94%
Bimal R Thakkar HUF (Bimal Thakkar, Karta) PROMOTER 2.71%
Shivaan Bimal Thakkar PROMOTER 2.63%
Sumer Bimal Thakkar PROMOTER 2.63%
Krish Bhavesh Thakkar PROMOTER 1.25%
H J Thakkar Property Investment Limited PROMOTER 2.82%
Bimal Ramesh Thakkar PROMOTER 10.37%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

ADF Foods Ltd Stocks COMPARISON

Financials( in Cr) ADF Foods Ltd Hindustan Unilever Ltd Nestle India Ltd Varun Beverages Ltd Godrej Consumer Products Ltd
Price 232.80 2,688.45 2,607.30 1,599.00 1,452.75
% Change 1.73 2.99 -0.35 -0.02 0.60
Mcap Cr 2,557.63 631,675.79 251,384.65 207,780.46 148,590.18
Revenue TTM Cr 520.33 61,896.00 25,171.92 16,042.58 13,315.97
Net Profit TTM Cr 73.79 10,282.00 3,932.84 2,101.81 1,702.46
PE TTM 35.76 61.52 78.84 95.89 77.52
1 Year Return 13.88 1.20 15.47 96.86 37.72
ROCE 20.61 25.00 69.17 27.83 16.35
ROE 17.15 20.26 108.49 34.92 13.43
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 441.14 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,424.68 50,451.86
LAST 3M 101,404.97 51,097.20
LAST 6M 186,293.66 40,305.54
LAST 12M 309,547.75 87,515.42
ADF Foods Limited - Disclosure under SEBI Takeover Regulations

Jul 16, 2024 l NSE Announcement

ADF Foods Limited - Updates

Jul 10, 2024 l NSE Announcement

Date Action Type Ratio
Jul 26, 2024 Dividend 60
Nov 10, 2023 Dividend 200
Sep 11, 2023 Split 1:5

ADF Foods Ltd Information

Stock PE (TTM)
35.76
Promoter Holding
36.42%
Book Value
40.1192
ROCE
20.61%
ROE
17.15%
Description
  • Headquartered in Mumbai, ADF Foods Limited is a globally recognised brand in the packaged food industry. ADF Foods’ current market capitalisation on the stock exchange is Rs. 1,638 crore, and it falls under the category of a small-cap company. The company was incorporated in 1992. The key promoters of the company are Kishore Thakkar and Hariram Mewawala Ramesh Thakkar. As of the December quarter of the financial year 2021-22, ADF Foods’ profit was Rs. 13.32 crore. At present, the ADF Foods shares are listed on both the National Stock Exchange and the Bombay Stock Exchange. It is traded under the script name ADFFOODS.

    ADF foods are into the business of frozen foods, meal accompaniments (sauces, pickles, chutneys), ready to eat foods, and canned food. Its product portfolio also includes cooking pastes. ADF Foods sells under the brand names Aeroplane, Nate’s, Ashoka, Camel, PJ’s Organics, and ADF Soul.

    The company's price to earnings and price to book ratios, which are 32.72 and 5.99, respectively, are much higher than the industry average. However, the company’s dividend yield of 0.38% is lower than the sector’s 1.92% dividend yield. ADF Food’s revenue and market capitalisation have increased in the last few years. The company’s EBITDA for the first three quarters of the financial year 2021-22 was Rs. 15.92, Rs. 19.50, and 20.03, respectively. Its earnings per share in the same period were Rs. 5.56, Rs. 6.24, and Rs. 6.80, respectively. In the context of the balance sheet, ADF Food’s debt-to-equity ratio and current ratio are better than the industry average. 

    On April 4, 2022, ADF Foods’ share price on NSE recorded an intraday high of Rs. 797.85. The opening price for the same day was Rs. 795. The ADF Foods share performance was quite poor on the price chart. The 52-week high of the ADF food share price on BSE was Rs. 1,049 in the last 12 months. Whereas, the 52-week low was recorded at Rs. 675. On the exchange, Avanti Feeds Ltd., KRBL Ltd., Venky's (India) Ltd., and Ruchi Soya Industries Ltd. are giving tough competition to ADF Foods’ share. 

    Disclaimer:- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

83/86 GIDC Industrial Estate, , Nadiad, Gujarat, 387001

Tel : 91-0268-2551381/2
Email : co_secretary:adf-foods.com; nadiadfactory:adf-food
Website : http://www.adf-foods.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 519183
NSE Code : ADFFOODS
Book Closure Date (Month) : Aug
BSE Group : B
ISIN : INE982B01027

FAQ’s on ADF Foods Ltd Shares

You can buy ADF Foods Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy ADF Foods Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 16, 2024 03:57 PM the closing price of ADF Foods Ltd was Rs.232.80.

The latest PE ratio of ADF Foods Ltd as of Jul 16, 2024 03:57 PM is 35.76

The latest PB ratio of ADF Foods Ltd as of Jul 16, 2024 03:57 PM is 0.17

The 52-week high of ADF Foods Ltd share price is Rs. 261.95 while the 52-week low is Rs. 179.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 16, 2024 03:57 PM, the market cap of ADF Foods Ltd stood at Rs. 2,557.63 Cr.

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