Chordia Food

What does Chordia Food do?

Chordia Food Products Ltd manufactures and sells processed foods in the FMCG sector, with a market cap of Rs 34 Cr. As of March 2025, it reported net sales of 1 Cr and a net profit of 0 Cr.

Overview:<BR>Chordia Food Products Ltd is engaged in manufacturing and selling processed foods, operating within the FMCG industry and classified as a Micro Cap company.<BR><BR>History:<BR>Incorporated in January 1982, Chordia Food Products Ltd has been a significant player in the processed foods market for over three decades. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap value: Rs 34 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 34.00<BR>- Industry P/E: 19<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: -0.07<BR>- Return on Equity: 3.71%<BR>- Price to Book: 2.27<BR><BR>Contact Details:<BR>Address: Plot No 399 & 400 Survey No 398, Village Sangvi Tal Shirwal Satara Maharashtra : 412801<BR>Tel: 91-020-24220022<BR>Email: admin@chordia.com<BR>Website: http://www.chordia.com

Who are in the management team of Chordia Food?

As of March 2023, the management team of Chordia Food includes Pradeep H Chordia (Managing Director), Zalak Shah and Pinal Shah (Independent Directors), Asha Abhijeet Korde (Company Secretary & Compliance Officer), and Sanjog Jain (Non-Executive Director). Each member contributes to the company's governance and management.

As of March 2023, the management team of Chordia Food includes the following members:<BR><BR>1. Pradeep H Chordia - Managing Director<BR>2. Zalak Shah - Independent Director<BR>3. Asha Abhijeet Korde - Company Secretary & Compliance Officer<BR>4. Pinal Shah - Independent Director<BR>5. Sanjog Jain - Non-Executive Director<BR><BR>Each member plays a specific role in the governance and management of the company.

Has Chordia Food declared dividend?

Chordia Food Products Ltd has declared a 15% dividend, amounting to ₹1.50 per share, but the dividend yield is 0%, indicating no contribution to returns. Total returns have fluctuated significantly, with negative performance in several periods.

Chordia Food Products Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5000<BR>- Ex-date: Sep-19-2008<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -2.34%, the dividend return was 0%, resulting in a total return of -2.34%.<BR><BR>For the 1-year period, the price return was -1.79%, the dividend return was 0%, leading to a total return of -1.79%.<BR><BR>In the 2-year period, the price return was 16.46%, with a dividend return of 0%, resulting in a total return of 16.46%.<BR><BR>During the 3-year period, the price return was -37.55%, the dividend return was 0%, culminating in a total return of -37.55%.<BR><BR>For the 4-year period, the price return was -54.01%, with a dividend return of 0%, which resulted in a total return of -54.01%.<BR><BR>In the 5-year period, the price return was -0.6%, the dividend return was 0%, leading to a total return of -0.6%.<BR><BR>Overall, Chordia Food has declared a dividend, but the dividend yield is 0%, indicating that the dividends have not contributed to returns in recent periods. The total returns show significant fluctuations, with negative returns in several periods, suggesting a challenging performance for the company.

Who are the peers of the Chordia Food?

Chordia Food's peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., and others. Chordia Food has below-average management risk and a 1-year return of -8.33%, better than Hipolin's -32.35% but lower than Chothani Foods' 29.06%.

Peers: The peers of Chordia Food are Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Sonalis Consumer, Hipolin, Chothani Foods, and Novateor Resear.<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. Below Average management risk is noted at Chordia Food, Sonalis Consumer, Hipolin, Chothani Foods, and Novateor Resear. Growth is Excellent at Sonalis Consumer, Average at Nestle India, and Below Average at Hind. Unilever, ITC, Britannia Inds., Godrej Consumer, Chordia Food, Hipolin, Chothani Foods, and Novateor Resear. Capital Structure is Excellent at Hind. Unilever, ITC, Nestle India, Britannia Inds., and Godrej Consumer, Good at Chordia Food and Chothani Foods, and Below Average at Hipolin and Novateor Resear.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Chothani Foods at 29.06%, while Hipolin has the lowest at -32.35%. Chordia Food's 1-year return is -8.33%, which is higher than Hipolin's but lower than Chothani Foods'. Additionally, the six-month return is negative for Hipolin, Godrej Consumer, and Chothani Foods.

Is Chordia Food overvalued or undervalued?

As of August 16, 2024, Chordia Food is classified as very expensive with a PE ratio of 33.80 and has underperformed the Sensex, despite being less expensive than some peers like Hindustan Unilever and Nestle India.

As of 16 August 2024, Chordia Food's valuation grade has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 33.80, an EV to EBITDA of 19.61, and a Price to Book Value of 2.28. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>When comparing Chordia Food to its peers, Hindustan Unilever has a PE ratio of 53.88 and an EV to EBITDA of 37.14, while Nestle India shows even higher values with a PE of 75.2 and an EV to EBITDA of 49.57. This positions Chordia Food as less expensive than some of its peers, yet still classified as very expensive overall. Additionally, the stock has underperformed against the Sensex over various time frames, including a 1Y return of -6.20% compared to the Sensex's 7.60%, reinforcing the notion of overvaluation.

What is the technical trend for Chordia Food?

As of May 15, 2025, Chordia Food's trend is mildly bearish, influenced by short-term weakness in daily moving averages, despite mixed signals from weekly and monthly indicators showing some bullish tendencies.

As of 15 May 2025, the technical trend for Chordia Food has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD also shows mildly bullish. However, the daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands reflect a bullish outlook on the weekly chart but are mildly bearish on the monthly chart. The KST is mildly bullish weekly but bearish monthly, and Dow Theory indicates a mildly bearish trend on the weekly chart with no trend on the monthly. Overall, the current stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the longer-term indicators.

Who are the top shareholders of the Chordia Food?

The top shareholder of Chordia Food is Pradeep Hukmichand Chordia, holding 66.63%, with no pledged promoter holdings. The highest public shareholder is Ameetsingh Ajitsingh Rajpal at 4.94%, while individual investors own 25.68% of the company.

The top shareholders of Chordia Food are primarily the promoters, with Pradeep Hukmichand Chordia holding the largest share at 66.63%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Ameetsingh Ajitsingh Rajpal, who owns 4.94%. Additionally, individual investors collectively hold 25.68% of the company.

How big is Chordia Food?

As of 23rd July, Chordia Food Products Ltd has a market capitalization of 31.00 Cr, classified as a Micro Cap, with recent net sales of 91.68 Cr and a net profit loss of 3.06 Cr. Annual balance sheet data is unavailable.

As of 23rd July, <BR><BR>Market Cap: Chordia Food Products Ltd has a market capitalization of 31.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 91.68 Cr, while the sum of Net Profit for the same period reflects a loss of 3.06 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is not specified, and the values for Shareholder's Funds and Total Assets are not available.

How has been the historical performance of Chordia Food?

Chordia Food has experienced growth in net sales from 59.49 Cr in Mar'18 to 80.70 Cr in Mar'22, but profitability has declined significantly, with a negative operating profit of -2.20 Cr and a profit after tax of -4.77 Cr in Mar'22, raising concerns about its financial health.

Answer:<BR>The historical performance of Chordia Food shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Chordia Food's net sales have increased from 59.49 Cr in Mar'18 to 80.70 Cr in Mar'22, indicating a steady growth trajectory. However, the total operating income has mirrored this trend, rising from 28.87 Cr in Mar'12 to 80.70 Cr in Mar'22. Despite the growth in sales, the company's total expenditure has also risen significantly, from 24.80 Cr in Mar'12 to 82.90 Cr in Mar'22, leading to an operating profit (PBDIT) that turned negative at -2.20 Cr in Mar'22, down from a positive 7.09 Cr in Mar'18. This decline in profitability is further reflected in the profit before tax, which fell from 3.98 Cr in Mar'18 to -4.77 Cr in Mar'22, resulting in a profit after tax of -4.77 Cr in the latest year. The earnings per share (EPS) also suffered, dropping to -11.84 in Mar'22 from 7.47 in Mar'18. The cash flow from operating activities has been negative at -1.00 Cr in Mar'22, contrasting with positive cash flows in previous years, highlighting challenges in operational efficiency. Overall, while Chordia Food has seen growth in sales, the increasing costs and declining profitability raise concerns about its financial health.

When is the next results date for Chordia Food Products Ltd?

The next results date for Chordia Food Products Ltd is 10 February 2026.

The next results date for Chordia Food Products Ltd is scheduled for 10 February 2026.

Should I buy, sell or hold Chordia Food Products Ltd?

Are Chordia Food Products Ltd latest results good or bad?

Chordia Food Products Ltd's latest results show a 44.68% increase in net sales and a 14.29% rise in net profit, indicating some positive momentum. However, the company faces significant long-term challenges, including a 45.66% sales decline over five years and a high P/E ratio of 48x, suggesting caution for investors.

The latest results for Chordia Food Products Ltd indicate a mixed picture, but overall, the financial performance raises significant concerns. <BR><BR>On one hand, there was a notable quarter-on-quarter growth in net sales of 44.68% in the most recent quarter, along with a 14.29% increase in standalone net profit. This suggests some positive momentum in revenue generation. However, this growth comes after a prolonged period of declining sales and persistent losses. Over the last five years, the company has experienced a dramatic sales contraction of 45.66%, and its average return on equity (ROE) stands at a mere 2.36%, which is well below industry standards.<BR><BR>Furthermore, the operating profit margin has been troubling, with a significant decline from 14.3% in FY12 to negative figures in recent years. The company's current P/E ratio of 48x is significantly higher than the industry average of 19x, indicating that the stock may be overvalued given its poor financial fundamentals.<BR><BR>Overall, while there are signs of revenue recovery in the latest quarter, the long-term trends of declining sales, negative profitability, and high valuation raise serious red flags about the company's financial health and future prospects. Investors should approach with caution, considering the broader context of the company's ongoing challenges.

Why is Chordia Food Products Ltd falling/rising?

As of 04-Mar, Chordia Food Products Ltd's stock price is Rs 68.96, down 4.99%, marking a decline of 5.69% over the past three days. The stock has significantly underperformed against the Sensex, with a year-to-date drop of 10.38% compared to the Sensex's 7.16% gain.

As of 04-Mar, Chordia Food Products Ltd is experiencing a decline in its stock price, currently at Rs 68.96, which reflects a change of -3.62 (-4.99%). The stock has been underperforming, having lost value for three consecutive days, resulting in a total decline of -5.69% during this period. <BR><BR>In comparison to the benchmark Sensex, the stock has shown a negative performance over various time frames, including a year-to-date decline of -10.38% against the Sensex's -7.16%. Over the past year, the stock has decreased by -16.92%, while the Sensex has increased by 8.39%. This indicates a significant underperformance relative to the broader market.<BR><BR>Today's trading activity also reflects weakness, with the stock touching an intraday low of Rs 68.96, and it has been trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable drop in investor participation, with delivery volume plummeting by -99.4% compared to the 5-day average. This lack of interest from investors, combined with the overall decline in the FMCG sector by -2.21%, contributes to the downward pressure on Chordia Food Products Ltd's stock price.

Which are the latest news on Chordia Food?