ADF Foods

Why is ADF Foods Ltd falling/rising?

As of 01-Sep, ADF Foods Ltd's stock price is at 266.00, reflecting a decline of 1.02%. The recent drop in investor participation and significant selling pressure indicate a shift in sentiment, despite the company's strong fundamentals and positive long-term performance.

As of 01-Sep, ADF Foods Ltd's stock price is falling, currently at 266.00, which reflects a decrease of 2.75 (-1.02%). The stock has been underperforming, having lost 3.24% over the last two days and showing a performance today that underperformed its sector by 0.74%. Additionally, the stock has touched an intraday low of Rs 260.2, indicating significant selling pressure.<BR><BR>The recent decline in stock price can be attributed to a notable drop in investor participation, with delivery volume falling by 74.12% compared to the 5-day average. This decrease in trading activity suggests a lack of confidence among investors. Furthermore, while the stock has performed well over the longer term, generating a return of 26.10% over the past year, the recent short-term trends indicate a shift in sentiment.<BR><BR>Despite the company's strong fundamentals, including being net-debt free and having a favorable return on equity, the immediate market dynamics are leading to a downward price movement. The stock's current trading levels are above the 200-day moving averages but below the shorter-term moving averages, which may also contribute to the perception of weakness in the stock's performance.

Who are in the management team of ADF Foods?

The management team of ADF Foods includes Bimal R Thakkar (Chairman, Managing Director, and CEO), Viren A Merchant, Ravinder Kumar Jain, Chandir G Gidwani, Deepa Misra Harris (all Independent Directors), Shalaka Ovalekar (Company Secretary), and Jay M Mehta (Director).

The management team of ADF Foods includes the following key individuals:<BR><BR>1. **Bimal R Thakkar** - Chairman, Managing Director, and CEO.<BR>2. **Viren A Merchant** - Independent Director.<BR>3. **Ravinder Kumar Jain** - Independent Director.<BR>4. **Shalaka Ovalekar** - Company Secretary and Compliance Officer.<BR>5. **Jay M Mehta** - Director.<BR>6. **Chandir G Gidwani** - Independent Director.<BR>7. **Deepa Misra Harris** - Independent Director.<BR><BR>If you need more details about their roles or contributions, feel free to ask!

What does ADF Foods do?

ADF Foods Ltd is a small-cap FMCG company specializing in food products, with a market cap of INR 2,977 Cr and reported net sales of 167 Cr and net profit of 17 Cr for June 2026. The company, incorporated in 1990, is based in Nadiad, Gujarat.

Overview: <BR>ADF Foods Ltd is a small-cap company operating in the FMCG industry, specializing in food products.<BR><BR>History: <BR>Incorporated on August 27, 1990, ADF Foods Limited (formerly known as American Dry Fruits Limited) went public in October 1991. The company changed its name to "ADF Foods Limited" in December 1999. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 167 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 17 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 2,977 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 30.00 <BR>Industry P/E: 44 <BR>Dividend Yield: 0.44% <BR>Debt-Equity: -0.13 <BR>Return on Equity: 16.72% <BR>Price to Book: 5.22<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

Who are the peers of the ADF Foods?

ADF Foods' peers include Vadilal Inds., VST Industries, Gopal Snacks, Heritage Foods, Parag Milk Foods, Prataap Snacks, Tasty Bite Eat., Eveready Inds., and Venky's (India). ADF Foods has average management and growth, with a 1-year return of 30.11%, while Vadilal Inds. leads with a 50.78% return.

Peers: The peers of ADF Foods are Vadilal Inds., VST Industries, Gopal Snacks, Heritage Foods, Parag Milk Foods, Prataap Snacks, Tasty Bite Eat., Eveready Inds., and Venky's (India).<BR><BR>Quality Snapshot: Excellent management risk is observed at VST Industries, while Average management risk is found at ADF Foods, Vadilal Inds., Heritage Foods, Parag Milk Foods, Prataap Snacks, Tasty Bite Eat., Eveready Inds., and Venky's (India). Good management risk is noted at Gopal Snacks. Growth is Excellent at Parag Milk Foods, while Average growth is seen at ADF Foods, Vadilal Inds., Heritage Foods, Prataap Snacks, Tasty Bite Eat., Eveready Inds., and Venky's (India). Below Average growth is reported for VST Industries and Gopal Snacks. Excellent capital structure is noted at Vadilal Inds., VST Industries, Gopal Snacks, Heritage Foods, and Venky's (India), while ADF Foods has an Excellent capital structure, and Average capital structure is found at Tasty Bite Eat. and Eveready Inds. Below Average capital structure is seen at Parag Milk Foods.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Vadilal Inds. at 50.78%, while VST Industries has the lowest at -22.10%. ADF Foods has a 1-year return of 30.11%, which is significantly higher than VST Industries but lower than Vadilal Inds. Additionally, Eveready Inds. and VST Industries have negative six-month returns.

How big is ADF Foods?

As of 31st August, ADF Foods Ltd has a market capitalization of 2,977.00 Cr, with recent net sales of 717.64 Cr and a net profit of 91.97 Cr. The company reported shareholder's funds of 571.93 Cr and total assets of 739.91 Cr for the annual period ending in March 2026.

As of 31st August, ADF Foods Ltd has a market capitalization of 2,977.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, ADF Foods reported Net Sales of 717.64 Cr and a Net Profit of 91.97 Cr.<BR><BR>For the latest annual period ending in March 2026, the company had Shareholder's Funds of 571.93 Cr and Total Assets amounting to 739.91 Cr.

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.

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.