ADF Foods

Why is ADF Foods Ltd falling/rising?

As of 07-Aug, ADF Foods Ltd's stock price is declining at 259.45, down 2.4 (-0.92%), with a total decrease of -4.8% over the last four days. Despite this short-term downturn, the company has strong fundamentals, including being net-debt free and showing a 39.3% profit increase over the past year, which may support future recovery.

As of 07-Aug, ADF Foods Ltd is experiencing a decline in its stock price, currently at 259.45, which reflects a change of -2.4 (-0.92%). The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decrease of -4.8% during this period. This trend is further highlighted by its performance over the past week, where it has decreased by -4.10%, contrasting with the Sensex, which has gained +0.52%.<BR><BR>In terms of moving averages, the stock is currently lower than its 5-day, 20-day, and 50-day moving averages, indicating a short-term downward trend. Although it remains above the 100-day and 200-day moving averages, the recent performance suggests a lack of momentum. <BR><BR>Despite these declines, there are positive factors that could support a potential recovery in the future. ADF Foods Ltd is net-debt free and has an attractive valuation with a return on equity (ROE) of 16.7 and a price-to-book value of 5. Additionally, the company has shown a significant profit increase of 39.3% over the past year, with a PEG ratio of 0.8, indicating that it is trading at a fair value compared to its peers. High institutional holdings at 32.89% also suggest that informed investors are backing the company, which could provide stability.<BR><BR>Overall, the current decline in ADF Foods Ltd's stock price is primarily due to recent underperformance and negative short-term trends, despite the underlying positive fundamentals that may support future growth.

Which are the latest news on ADF Foods?

Should I buy, sell or hold ADF Foods Ltd?

When is the next results date for ADF Foods Ltd?

The next results date for ADF Foods Ltd is 29 July 2026.

The next results date for ADF Foods Ltd is scheduled for 29 July 2026.

What does ADF Foods do?

ADF Foods Ltd is a small-cap FMCG company specializing in food product production and distribution, with a market cap of INR 3,154 Cr and a net profit of 26 Cr as of March 2026. The company was incorporated in 1990 and went public in 1991.

Overview:<BR>ADF Foods Ltd is a small-cap company operating in the FMCG industry, specializing in the production and distribution of food products.<BR><BR>History:<BR>Incorporated on August 27, 1990, ADF Foods Ltd, formerly known as American Dry Fruits Limited, went public in October 1991. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 197 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 26 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 3,154 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 32.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.42% <BR>Debt-Equity: -0.13 <BR>Return on Equity: 16.72% <BR>Price to Book: 5.50 <BR><BR>Contact Details:<BR>Address: 83/86 GIDC Industrial Estate, Nadiad Gujarat: 387001 <BR>Tel: 91-0268-2551381/2 <BR>Email: nadiadfactory@adf-foods.com <BR>Website: http://www.adf-foods.com

How big is ADF Foods?

As of 10th June, ADF Foods Ltd has a market capitalization of 3,154.00 Cr, with recent net sales of 683.23 Cr and a net profit of 89.92 Cr. Shareholder's funds are 492.66 Cr, and total assets amount to 618.26 Cr.

As of 10th June, ADF Foods Ltd has a market capitalization of 3,154.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest 4 quarters, ADF Foods reported Net Sales of 683.23 Cr and a Net Profit of 89.92 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 492.66 Cr and Total Assets of 618.26 Cr.

Who are in the management team of ADF Foods?

The management team of ADF Foods includes Bimal R Thakkar (Chairman, Managing Director & CEO), Viren A Merchant, Ravinder Kumar Jain, Shalaka Ovalekar (Company Secretary), Jay M Mehta, Chandir G Gidwani, and Deepa Misra Harris, who oversee the company's strategic direction and regulatory compliance.

The management team of ADF Foods includes the following individuals:<BR><BR>1. **Bimal R Thakkar** - Chairman, Managing Director & CEO<BR>2. **Viren A Merchant** - Independent Director<BR>3. **Ravinder Kumar Jain** - Independent Director<BR>4. **Shalaka Ovalekar** - Company Secretary & Compliance Officer<BR>5. **Jay M Mehta** - Director<BR>6. **Chandir G Gidwani** - Independent Director<BR>7. **Deepa Misra Harris** - Independent Director<BR><BR>This team is responsible for guiding the company's strategic direction and ensuring compliance with regulatory standards.

Who are the peers of the ADF Foods?

ADF Foods' peers include Hindustan Foods, Mrs Bectors, VST Industries, Vadilal Inds., Gopal Snacks, Heritage Foods, Parag Milk Foods, Prataap Snacks, Eveready Inds., and Anondita Medi. In terms of performance, Vadilal Inds. leads with an 8.53% return, while ADF Foods has a -6.66% return, better than Mrs Bectors' -35.43%.

Peers: The peers of ADF Foods are Hindustan Foods, Mrs Bectors, VST Industries, Vadilal Inds., Gopal Snacks, Heritage Foods, Parag Milk Foods, Prataap Snacks, Eveready Inds., and Anondita Medi.<BR><BR>Quality Snapshot: Excellent management risk is observed at VST Industries, while Good management risk is found at Hindustan Foods and Mrs Bectors. Average management risk is found at Vadilal Inds., Gopal Snacks, ADF Foods, Heritage Foods, Parag Milk Foods, Prataap Snacks, Eveready Inds., and Anondita Medi. Growth is Excellent at Vadilal Inds. and Anondita Medi, while Excellent growth is observed at Hindustan Foods. Below Average growth is noted for Mrs Bectors, VST Industries, Gopal Snacks, ADF Foods, Heritage Foods, and Prataap Snacks, while Average growth is seen at Parag Milk Foods. Capital Structure is Excellent at Mrs Bectors, VST Industries, ADF Foods, Heritage Foods, and Anondita Medi, while Below Average capital structure is noted for Parag Milk Foods.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Vadilal Inds. at 8.53%, while the peer with the lowest is Mrs Bectors at -35.43%. ADF Foods has a 1-year return of -6.66%, which is better than Mrs Bectors but worse than Vadilal Inds. Additionally, Heritage Foods, Gopal Snacks, and Mrs Bectors have negative six-month returns.

Are ADF Foods Ltd latest results good or bad?

ADF Foods Ltd's latest results show strong revenue growth with record net sales and a significant increase in net profit. However, the contraction in operating margins raises concerns about cost management, suggesting investors should remain cautious.

ADF Foods Ltd's latest results present a mixed picture. On one hand, the company achieved record net sales of ₹196.73 crores in Q4 FY26, reflecting a strong year-on-year growth of 23.68%. Additionally, net profit rose significantly by 57.60% year-on-year to ₹25.91 crores, indicating improved operational efficiency.<BR><BR>However, there are notable concerns regarding profitability. The operating margin has contracted to 17.44% from 19.41% in the previous quarter, suggesting challenges in cost management. This decline in margins raises questions about the company's pricing power and ability to manage input costs effectively.<BR><BR>Overall, while the revenue and profit growth are encouraging, the margin compression and volatility in profitability metrics warrant caution. Investors may want to monitor how the company addresses these challenges in the coming quarters.

Is ADF Foods technically bullish or bearish?

As of November 28, 2025, the market trend is mildly bearish, indicated by a mix of mildly bullish MACD on the weekly chart and bearish signals from daily moving averages and Bollinger Bands, despite some strength in the OBV.

As of 28 November 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish. Key indicators include a mildly bullish MACD on the weekly chart, but a bearish daily moving average and bearish signals from Bollinger Bands and KST on both weekly and monthly time frames. The Dow Theory also indicates a mildly bearish stance. Despite some strength in the OBV on the weekly and monthly levels, the overall sentiment remains cautious due to the prevailing bearish indicators.

Is ADF Foods overvalued or undervalued?

As of November 17, 2025, ADF Foods is considered undervalued with an attractive valuation grade, featuring a PE Ratio of 31.43 and strong long-term growth potential, despite a recent year-to-date return of -25.54%.

As of 17 November 2025, ADF Foods has moved from a fair to an attractive valuation grade, indicating a positive shift in its market perception. The company is currently considered undervalued, especially when compared to its peers in the FMCG sector. Key financial ratios include a PE Ratio of 31.43, an EV to EBITDA of 21.11, and a ROCE of 20.49%. <BR><BR>In comparison to its peers, ADF Foods' valuation appears favorable; for instance, Hindustan Unilever has a PE Ratio of 53.89, while Nestle India stands at 81.88. Despite recent underperformance in the short term, with a year-to-date return of -25.54% compared to the Sensex's 8.72%, ADF Foods shows strong long-term growth potential, evidenced by a remarkable 139.12% return over the past five years.

How has been the historical performance of ADF Foods?

ADF Foods has shown consistent growth in net sales and profits from INR 231.44 crore in March 2019 to INR 589.58 crore in March 2025, despite fluctuations in margins and a decline in earnings per share. Total assets and liabilities increased proportionally, while cash flow from operating activities decreased, indicating challenges in cash flow management.

Answer:<BR>The historical performance of ADF Foods shows a consistent growth trajectory in net sales and profits over the years, with some fluctuations in margins and expenses.<BR><BR>Breakdown:<BR>ADF Foods has demonstrated a steady increase in net sales from INR 231.44 crore in March 2019 to INR 589.58 crore in March 2025. The total operating income followed a similar trend, rising from INR 231.44 crore to INR 589.58 crore over the same period. However, the raw material costs have also increased significantly, from INR 89.33 crore in March 2019 to INR 192.21 crore in March 2025. Operating profit (PBDIT) has shown growth, peaking at INR 116.00 crore in March 2024 before slightly declining to INR 112.42 crore in March 2025. Profit before tax reached INR 91.60 crore in March 2025, while profit after tax was recorded at INR 69.26 crore. The earnings per share (EPS) fluctuated, with a notable decrease from INR 22.94 in March 2022 to INR 6.30 in March 2025. Total assets increased from INR 264.32 crore in March 2020 to INR 618.26 crore in March 2025, reflecting growth in both current and non-current assets. Total liabilities also rose, from INR 264.32 crore to INR 618.26 crore, indicating a proportional increase in the company's financial obligations. Cash flow from operating activities decreased from INR 69.00 crore in March 2024 to INR 37.00 crore in March 2025, contributing to a net cash outflow of INR 22.00 crore in March 2025. Overall, ADF Foods has shown resilience and growth in its financial performance, despite facing challenges in profit margins and cash flow management.

Who are the top shareholders of the ADF Foods?

The top shareholders of ADF Foods include promoters, with Bimal Ramesh Thakkar holding 13.08%, and public investors, led by Authum Investment And Infrastructure Limited at 14.83%. Individual investors own 18.16%, while Foreign Institutional Investors hold 9.85%, with no pledged promoter holdings reported.

The top shareholders of ADF Foods include a mix of promoters and public investors. The majority of the shares are held by promoters, with Bimal Ramesh Thakkar being the promoter with the highest holding at 13.08%. In terms of public shareholders, Authum Investment And Infrastructure Limited holds the largest stake at 14.83%. Additionally, individual investors collectively own 18.16% of the shares. Foreign Institutional Investors (FIIs) also have a presence, holding 9.85% through 32 different entities. There are no pledged promoter holdings reported.

Has ADF Foods declared dividend?

ADF Foods Ltd has declared a 30% dividend, amounting to 0.6 per share, with an ex-date of November 6, 2024. Total returns over the past five years reached 369.41%, reflecting strong performance despite mixed results in shorter periods.

ADF Foods Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 0.6<BR>- Ex-date: 06 Nov 24<BR><BR>Dividend Yield: 0.69%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -21.86%, with no dividend return, resulting in a total return of -21.86%.<BR><BR>Over the past year, the price return was 18.91%, with a dividend return of 0.80%, leading to a total return of 19.71%.<BR><BR>In the 2-year period, the price return was 31.79%, with a dividend return of 5.68%, culminating in a total return of 37.47%.<BR><BR>For the 3-year period, the price return was 65.96%, with a dividend return of 11.12%, resulting in a total return of 77.08%.<BR><BR>In the last 4 years, the price return was 27.42%, with a dividend return of 9.62%, leading to a total return of 37.04%.<BR><BR>Finally, over the past 5 years, the price return was 339.49%, with a dividend return of 29.92%, resulting in a total return of 369.41%.<BR><BR>Overall, ADF Foods has declared a significant dividend, and the total returns over various periods show a mix of performance, with particularly strong returns over the longer 5-year horizon.