ADF Foods

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.

Who are in the management team of ADF Foods?

As of March 2023, the management team of ADF Foods includes Bimal R Thakkar (Chairman & MD & CEO), Viren A Merchant, Ravinder Kumar Jain, Shalaka Ovalekar (Company Secretary), Jay M Mehta, Chandir G Gidwani, and Deepa Misra Harris, who serve in various key roles.

As of March 2023, the management team of ADF Foods includes:<BR><BR>1. Bimal R Thakkar - Chairman & MD & 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>These individuals play key roles in the governance and management of the company.

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.

Who are the peers of the ADF Foods?

ADF Foods' peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., and others. ADF Foods has an average management risk and a 1-year return of 26.59%, outperforming most peers.

Peers: The peers of ADF Foods are Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Parag Milk Foods, Bajaj Consumer, Venky's (India), Eveready Inds., and HMA Agro Inds.<BR><BR>Quality Snapshot: Excellent management risk is observed at ITC, Nestle India, Britannia Inds., and Bajaj Consumer, while Good management risk is found at Hind. Unilever and Godrej Consumer. Average management risk is present at ADF Foods, Parag Milk Foods, Venky's (India), and HMA Agro Inds. Below Average growth is noted for Hind. Unilever, ITC, Britannia Inds., Godrej Consumer, ADF Foods, Parag Milk Foods, Bajaj Consumer, and Eveready Inds., while Average growth is seen at Nestle India and Good growth is observed at Venky's (India). Excellent capital structure is noted for Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, ADF Foods, and Bajaj Consumer, while Below Average capital structure is found at Parag Milk Foods and HMA Agro Inds., and Average capital structure is noted at Eveready Inds.<BR><BR>Return Snapshot: ADF Foods has a 1-year return of 26.59%, which is higher than the peer with the highest return, Britannia Inds. at 7.56%, and significantly higher than the peer with the lowest return, HMA Agro Inds. at -28.09%. Additionally, the peers with negative six-month returns include ADF Foods, Bajaj Consumer, Eveready Inds., and HMA Agro Inds.

What does ADF Foods do?

ADF Foods Ltd is a small-cap FMCG company specializing in the production and export of food products, with net sales of 1,591 Cr and a net profit of 164 Cr for the quarter ending March 2025. The company has a market cap of INR 2,932 Cr and key metrics include a P/E ratio of 44.00 and a dividend yield of 0.68%.

Overview:<BR>ADF Foods Ltd is a small-cap company operating in the FMCG industry, specializing in the production and export 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 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,591 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 164 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 2,932 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 44.00<BR>- Industry P/E: 56<BR>- Dividend Yield: 0.68%<BR>- Debt Equity: -0.22<BR>- Return on Equity: 14.19%<BR>- Price to Book: 5.93<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 24th July, ADF Foods Ltd has a market capitalization of 3,021.00 Cr, with net sales of 589.57 Cr and a net profit of 69.91 Cr over the latest four quarters. The company has shareholder's funds of 492.66 Cr and total assets of 618.26 Cr.

As of 24th July, ADF Foods Ltd has a market capitalization of 3,021.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, ADF Foods reported net sales of 589.57 Cr and a net profit of 69.91 Cr.<BR><BR>For the latest annual period, the company has shareholder's funds amounting to 492.66 Cr and total assets of 618.26 Cr.

Are ADF Foods latest results good or bad?

ADF Foods' latest results show a significant net profit increase of 73.16% quarter-on-quarter, but revenue growth is stagnant at only 0.76% year-on-year, raising concerns about market expansion. Additionally, a sharp decline in promoter stake and stock performance suggests a cautious outlook for investors.

The latest results for ADF Foods present a mixed picture. On one hand, the company reported a significant increase in net profit, which rose by 73.16% quarter-on-quarter and 34.16% year-on-year, reaching ₹26.39 crores. This is a positive indicator of profitability and operational efficiency. Additionally, the operating margin improved to 21.99%, marking the highest level in several quarters, which reflects effective cost management.<BR><BR>However, the net sales growth was only 0.76% year-on-year, indicating stagnation in revenue generation despite a strong sequential increase of 22.37% from the previous quarter. This lack of substantial year-on-year growth raises concerns about the company's ability to expand its market share and overcome operational challenges.<BR><BR>Moreover, ADF Foods' stock has underperformed significantly over the past year, declining by 23.95%, which is notably worse than the broader FMCG sector and the Sensex. The dramatic reduction in promoter stake from 36.13% to just 4.28% also raises governance concerns and questions about management's commitment to the company.<BR><BR>In summary, while the recent profit growth and margin expansion are encouraging, the stagnation in revenue and the issues surrounding promoter ownership suggest that the overall outlook is cautious. Investors may want to monitor the company's ability to sustain its profit growth and improve revenue in the coming quarters.

Should I buy, sell or hold ADF Foods?

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.

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.

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.

When is the next results date for ADF Foods Ltd?

The next results date for ADF Foods Ltd is 03 February 2026.

The next results date for ADF Foods Ltd is scheduled for 03 February 2026.

Why is ADF Foods Ltd falling/rising?

As of 01-Feb, ADF Foods Ltd's stock price is declining, currently at Rs. 172.80, due to hitting a new 52-week low and underperforming its sector. Factors contributing to this decline include decreased investor participation, trading below key moving averages, and poor long-term growth prospects.

As of 01-Feb, ADF Foods Ltd is experiencing a decline in its stock price, currently at Rs. 172.80, reflecting a change of -3.75 (-2.12%). This downward movement can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has hit a new 52-week low of Rs. 170.55 today, indicating a significant drop in investor confidence. The stock has underperformed its sector by -0.84% and has shown a day’s low of Rs. 170.55, which is a decrease of 3.4%. Additionally, ADF Foods is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in its price performance.<BR><BR>Investor participation has also decreased, with delivery volume falling by -30.43% compared to the 5-day average, indicating reduced interest from investors. The stock's performance over various periods further illustrates its struggles, with a year-to-date decline of -15.27% and a staggering -35.09% drop over the past year, contrasting sharply with the Sensex, which has gained +5.16% in the same timeframe.<BR><BR>While there are some positive indicators, such as a low debt-to-equity ratio and recent positive quarterly results, these have not been sufficient to counteract the overall negative sentiment surrounding the stock. The company has shown poor long-term growth, with net sales increasing at an annual rate of only 13.18% over the last five years, and it has underperformed against broader market indices consistently.<BR><BR>In summary, the combination of hitting a new low, underperformance relative to the sector and market, declining investor participation, and poor long-term growth prospects are key reasons for the falling stock price of ADF Foods Ltd.

Which are the latest news on ADF Foods?