Team24 Consumer

Who are the top shareholders of the Kore Foods?

The top shareholder of Kore Foods is Yasmin Abdullah Fazalbhoy, holding 9.87%, while individual investors own 20.73%. There are also seven mutual fund schemes and four foreign institutional investors with negligible holdings, and no pledged promoter holdings or significant public shareholders.

The top shareholders of Kore Foods include Yasmin Abdullah Fazalbhoy, who is the promoter with the highest holding at 9.87%. Additionally, individual investors collectively hold 20.73% of the shares. There are also seven mutual fund schemes that hold a very small percentage (0.02%), and four foreign institutional investors (FIIs) with negligible holdings (0.0%). Notably, there are no pledged promoter holdings or significant public shareholders listed.

how big is Kore Foods?

As of Jun 06, Kore Foods Ltd has a market capitalization of 71.00 Cr, categorizing it as a Micro Cap company, with reported Net Sales of 0.00 Cr and a Net Profit of 2.47 Cr over the latest four quarters. Shareholder's Funds are valued at 1.63 Cr, and Total Assets amount to 6.79 Cr as of Mar'09.

Market Cap: <BR>As of Jun 06, Kore Foods Ltd has a market capitalization of 71.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest 4 quarters, the company reported Net Sales of 0.00 Cr and a Net Profit of 2.47 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: <BR>The Balance Sheet data is Consolidated and pertains to the reporting period of Mar'09. Shareholder's Funds are valued at 1.63 Cr, while Total Assets amount to 6.79 Cr.

Who are in the management team of Kore Foods?

As of March 2023, the management team of Kore Foods includes A Y Fazalbhoy, Kundapoor D Bhat, John Silveira, Sayed Abbas, Mona D'Souza, Puja Joshi, and Ganesh Shenoy, who oversee the company's operations and strategic direction.

As of March 2023, the management team of Kore Foods includes the following individuals:<BR><BR>1. A Y Fazalbhoy - Director<BR>2. Kundapoor D Bhat - Director<BR>3. John Silveira - Managing Director<BR>4. Sayed Abbas - Chairman & Independent Director<BR>5. Mona D'Souza - Non Executive Director<BR>6. Puja Joshi - Company Secretary & Compliance Officer<BR>7. Ganesh Shenoy - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Kore Foods do?

Kore Foods Ltd is a micro-cap food processing company in the FMCG industry, incorporated in 1983, with a recent net profit of 3 Cr for the quarter ending March 2025. The company has a market cap of Rs 71 Cr and operates with a negative return on equity of -1.51%.

Overview: <BR>Kore Foods Ltd is engaged in food processing and operates within the FMCG industry, classified as a micro-cap company.<BR><BR>History: <BR>Kore Foods Limited was incorporated in January 1983 and was formerly known as Phil Corporation Limited. The latest quarterly results reported net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 3 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 71 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 54 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.99 <BR>Return on Equity: -1.51% <BR>Price to Book: 5.56<BR><BR>Contact Details: <BR>Address: Vision House, Tivim Industrial Estate Mapusa Goa Goa : 403526 <BR>Phone: 91-0832-2257347 <BR>Email: pjoshi@philproducts.com <BR>Website: http://www.korefoods.in

Has Kore Foods declared dividend?

No Dividend History Available

Who are the peers of the Kore Foods?

Kore Foods' peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, IEL, Warren Tea, Spectrum Foods, and Oceanic Foods. Kore Foods significantly outperforms its peers with a 1-year return of 311.40%, while most peers show lower growth and management risk ratings.

Peers: The peers of Kore Foods are Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, IEL, Warren Tea, Spectrum Foods, and Oceanic Foods.<BR><BR>Quality Snapshot: Excellent management risk is observed at ITC, Nestle India, and Britannia Inds., while Good management risk is found at Hind. Unilever and Godrej Consumer, and Average management risk is present at IEL and Spectrum Foods. Below Average management risk is noted for Warren Tea and Sampre Nutrition, while Kore Foods does not qualify. Growth is Average at Nestle India, Below Average at ITC, Hind. Unilever, Britannia Inds., Godrej Consumer, IEL, Warren Tea, Spectrum Foods, and Sampre Nutrition, and does not qualify for Kore Foods. Capital Structure is Excellent at ITC, Hind. Unilever, Britannia Inds., Godrej Consumer, and does not qualify for Kore Foods, while Average is seen at IEL and Below Average at Warren Tea, Spectrum Foods, Oceanic Foods, and Sampre Nutrition.<BR><BR>Return Snapshot: Kore Foods has a remarkable 1-year return of 311.40%, while IEL has the lowest at -8.52%. Compared to its peers, Kore Foods significantly outperforms them. Additionally, the six-month return is negative for IEL, Warren Tea, Spectrum Foods, Sampre Nutrition, and Kore Foods.

Should I buy, sell or hold Kore Foods?

Is Kore Foods overvalued or undervalued?

As of April 25, 2023, Kore Foods is considered overvalued and risky due to troubling financial ratios, including a PE ratio of -73.05 and a negative ROCE of -20.00%, alongside a year-to-date return of -32.12%, contrasting sharply with more stable peers like Hindustan Unilever and Nestle India.

As of 25 April 2023, the valuation grade for Kore Foods has moved from does not qualify to risky, indicating significant concerns regarding its financial health. The company is currently assessed as overvalued, primarily due to its troubling financial ratios, including a PE ratio of -73.05, an EV to EBITDA of -60.29, and a negative ROCE of -20.00%. These figures starkly contrast with peers such as Hindustan Unilever, which has a PE ratio of 53.88, and Nestle India with a PE of 75.2, both of which are considered very expensive.<BR><BR>In addition to the concerning ratios, Kore Foods' performance has been volatile, with a year-to-date return of -32.12%, while the Sensex has gained 5.58% during the same period. The company's high price-to-book value of 5.69 further suggests that it is trading at a premium compared to its tangible assets. Overall, the financial metrics and peer comparisons strongly indicate that Kore Foods is overvalued in the current market environment.

What is the technical trend for Kore Foods?

As of February 10, 2025, Kore Foods shows a mildly bullish trend overall, supported by daily moving averages, despite mixed signals from weekly indicators indicating a mildly bearish stance.

As of 10 February 2025, the technical trend for Kore Foods has changed from bullish to mildly bullish. The weekly MACD and Bollinger Bands indicate a mildly bearish stance, while the monthly MACD and Bollinger Bands remain bullish. The daily moving averages show a mildly bullish trend, suggesting some short-term strength. The KST is mildly bearish on a weekly basis but bullish monthly, and Dow Theory indicates a mildly bearish trend on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bullish, supported by the daily moving averages, despite the mixed signals from the weekly indicators.

Are Kore Foods latest results good or bad?

Kore Foods' latest results show mixed performance: while profitability metrics like operating profit and earnings per share have improved significantly, net sales remained flat, leading to a 'Sell' recommendation from MarketsMOJO. Caution is advised for potential investors despite the positive trends in profitability.

Kore Foods' latest results present a mixed picture. While the company reported a flat performance in terms of net sales, there are notable improvements in key profitability metrics. The operating profit (PBDIT) and profit before tax (PBT) both reached Rs 0.06 crore, marking the highest figures in the last five quarters. Additionally, the profit after tax (PAT) matched this amount, indicating a positive trend.<BR><BR>Earnings per share (EPS) also improved to Rs 1.09, reflecting increased profitability for shareholders. Furthermore, the standalone net profit showed a significant year-over-year growth of 2,433.33%, compared to a decline in the previous year.<BR><BR>Despite these positive trends in profitability, the overall performance remains flat, and the stock has received a 'Sell' recommendation from MarketsMOJO. Therefore, while there are encouraging signs in profitability, the lack of growth in net sales and the sell call suggest caution for potential investors.

How has been the historical performance of Team24 Consumer?

Team24 Consumer's historical performance shows stagnant net sales at 0.00 Cr for Mar'24 to Mar'25, but a profit before tax of 2.62 Cr in Mar'25 indicates recovery from previous losses, despite negative reserves of -12.81 Cr. Operating income improved to 0.23 Cr, while operating profit showed a loss of -0.20 Cr, reflecting ongoing financial challenges.

Answer:<BR>The historical performance of Team24 Consumer shows a fluctuating trend in its financial metrics over the years, with significant changes noted in recent periods.<BR><BR>Breakdown:<BR>Team24 Consumer's net sales have remained stagnant at 0.00 Cr from Mar'24 to Mar'25, with a slight increase to 0.14 Cr in Mar'22 and Mar'21, down from 0.16 Cr in Mar'19. However, other operating income surged to 0.23 Cr in Mar'25, a notable increase from previous years where it was 0.00 Cr. Total operating income for Mar'25 was 0.23 Cr, while total expenditure rose to 0.43 Cr, leading to an operating profit (PBDIT) of -0.20 Cr, an improvement from -0.37 Cr in Mar'24. The company reported a profit before tax of 2.62 Cr in Mar'25, a significant recovery from losses in the previous years, resulting in a profit after tax of 2.54 Cr. The earnings per share (EPS) also reflected this positive trend, reaching 0.99 in Mar'25 compared to -0.33 in Mar'24. Despite these improvements, the company's reserves turned negative at -12.81 Cr in Mar'25, down from 15.35 Cr in Mar'24, indicating ongoing challenges in financial stability.

Why is Team24 Consumer Products Ltd falling/rising?

As of 25-May, Team24 Consumer Products Ltd's stock price is at 29.11, down 2.97%. This decline is due to underperformance against its sector, erratic trading behavior, decreased investor participation, and mixed moving averages, indicating short-term struggles despite positive long-term returns.

As of 25-May, Team24 Consumer Products Ltd's stock price is currently at 29.11, reflecting a decrease of 0.89, or 2.97%. This decline can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has underperformed its sector today by 2.59%, indicating that it is not keeping pace with its peers. Additionally, there has been erratic trading behavior, as the stock did not trade on one day out of the last 20 days, which may contribute to volatility and investor uncertainty. <BR><BR>Moreover, there is a notable decline in investor participation, with the delivery volume on May 22 falling by 83.7% compared to the 5-day average. This drop in trading activity suggests a lack of interest or confidence among investors, which can lead to downward pressure on the stock price.<BR><BR>While the stock has shown positive returns over longer periods, such as a 9.64% increase year-to-date and a remarkable 308.27% increase over the last three years, the current performance indicates a short-term struggle. The moving averages also reflect mixed signals; the stock is higher than the 20-day and 100-day moving averages but lower than the 5-day, 50-day, and 200-day moving averages, suggesting recent weakness in price momentum.<BR><BR>In summary, the combination of underperformance against the sector, erratic trading patterns, declining investor participation, and mixed moving averages are contributing to the current decline in Team24 Consumer Products Ltd's stock price.

Which are the latest news on Team24 Consumer?

When is the next results date for Team24 Consumer Products Ltd?

The next results date for Team24 Consumer Products Ltd is 29 May 2026.

The next results date for Team24 Consumer Products Ltd is scheduled for 29 May 2026.