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ADF Foods

ADF Foods

NSE: ADFFOODSBSE 519183Consumer Defensiveadf-foods.com
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283.20
9.60+3.51%
DAY274
₹283.20
284
Open276.45
Prev Close273.60
Bid283.18100
Ask283.22100
Volume96.5K64%vs 20D avg
Market Cap₹3,115.18 Cr
Promoter Hold.36.1%
Face Value₹2
Fwd P/E
PEG
EV/EBITDA20.65
P/S4.55
ROA9.9%
Beta0.54
Div Payout14.65%
Valuation

ADF Foods Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for ADF Foods Ltd, framed against the sector median so the premium or discount is obvious at a glance.

ADF Foods Ltd trades at a P/E of 34.62× and P/B of 5.44×, against the Consumer Defensive sector median P/E of 33.39×.

Key MetricsLive · as of 12 Jun 2026
the price tag

Valuation

Market Cap
₹3,115.18 Cr
P/E Ratio
avg34.62
P/B Ratio
watch5.44
EPS
8.18
the engine

Profitability

ROE
good16.89%
ROCE
good16.9%
Net Margin
good13.16%
Op Margin
good16.03%
the trajectory

Growth

EPS YoY
good57.7%
Revenue YoY
good23.7%
Qtr Sales
avg9.26%
Qtr Profit
avg1.33%
the balance sheet

Financial Health

Debt / Equity
watch9.63
Book Value
52.09
Div Yield
avg0.44%
Promoter Hold.
avg36.1%
Financials

ADF Foods Ltd financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for ADF Foods Ltd, switchable between annual and quarterly views, consolidated or standalone.

ADF Foods Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3,115.18 Cr and reported EPS of ₹8.18.

Period201820192020202120222023202420252026
Revenue from Operations
53
231
273
369
421
450
520
590
683
Other Income
1
14
22
6
9
11
11
14
20
Total Income
54
245
295
375
431
461
531
604
703
Cost of Goods Sold (COGS)
29
120
149
215
210
214
244
248
273
Gross Profit
24
111
124
154
212
236
276
341
410
+Operating Expenses
20
72
83
86
145
155
171
243
280
EBITDA
5
39
41
68
67
81
105
98
131
+Non-Operating Expenses
1
15
7
7
11
16
18
21
17
Profit Before Tax (PBT)
5
38
55
67
65
75
98
92
120
+Tax Expense
1
12
12
17
17
20
24
22
30
Profit After Tax (PAT)
3
25
43
50
49
56
74
69
90
Earnings Per Share (EPS)
0.33
2.53
4.27
5.00
4.59
5.11
6.85
6.30
8.19
Diluted Shares Outstanding (Nos.)
11
10
10
10
10
11
11
11
11
+Additional Disclosures
79
330
385
526
577
602
677
761
852
Sales Growth %
335.81
17.88
35.37
14.05
6.90
15.56
13.31
15.88
YoY Sales Growth %
335.81
17.88
35.37
14.05
6.90
15.56
13.31
15.88
Material Cost %
30
39
30
29
29
32
32
31
28
Employee Cost %
8
7
6
5
6
7
6
7
7
Other Cost %
29
24
24
19
29
28
26
34
34
OPM %
9
17
15
18
16
18
20
17
19
Tax %
27
33
22
25
26
26
25
24
25
Profit Growth %
630.02
68.84
17.05
-3.09
15.11
32.11
-6.14
29.84
Gross Margin %
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
EBITDA Margin %
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest Coverage Ratio
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Additional Fields
4
25
35
62
57
67
89
80
110
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

ADF Foods segment analysis: revenue and profit mix.

Disclosed business segments at ADF Foods with their share of revenue and profit, switchable between consolidated and standalone reporting.

ADF Foods discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

ADF Foods Ltd investment thesis: bull case, bear case, and the flip lines.

Why someone would buy ADF Foods Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

ADF Foods Ltd's investment case rests on 9 positive markers and 9 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Efficient capital utilization with ROE 14% and ROCE 16.9%.

  • Consistent profitability with ₹70.1 Cr PAT and 1.33% quarterly growth.

  • Strong operating profit margin of 17% indicates effective cost management.

  • Very low debt-to-equity ratio of 0.12 ensures strong financial position.

  • Diverse product portfolio and extensive global export reach provide market resilience.

bear case

What can break it.

  • Negative EPS growth over 3Y (-35.37%) and 5Y (-21.68%) is concerning.

  • High P/E ratio of 35.10 suggests potential overvaluation compared to earnings.

  • Low promoter holding (36.1%) may raise concerns about management control.

  • Substantial stock decline from 52-week high of ₹354 indicates investor apprehension.

  • Negative 5-year book value growth (-15.19%) indicates declining intrinsic value.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 45 (~1.3× the sector multiple of 33.4). The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 10.13. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 12%. The operating engine is no longer compounding capital efficiently.

Shareholding

ADF shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in ADF — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

ADF Foods Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — ADF Foods Ltd is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Nestle India Ltd
₹2.65 Lakh Cr
Best Profit Growth
Prataap Snacks Ltd
813.00 %
Highest Dividend Yield
Bombay Burmah Trading Corporation Ltd
2.28 %
Technicals

ADF Foods Ltd technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for ADF Foods Ltd — derived from the live tape, not yesterday's close.

ADF Foods Ltd last traded at ₹283.2 with an intraday range of ₹274–₹284 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹283.20
LevelPrice (₹)Distance% Δ
R4306.80+23.60+8.33%
R3296.80+13.60+4.80%
R2290.40+7.20+2.54%
R1286.80+3.60+1.27%
PIVOT280.40-2.80-0.99%
CURRENT283.20
S1256.80-26.40-9.32%
S2266.80-16.40-5.79%
S3270.40-12.80-4.52%
S4276.80-6.40-2.26%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 279.00P: 280.40TC: 281.80
R1
R2
R3
R4
indicator
LTP: 283.20
PDH: 280.50
PDL: 267.30
● Market Sentiment

ADFFOODS is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 274 ~ 282.3

● Price Position

Trading Above opening range, showing Bullishness

Delivery & Volume

ADF Foods Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for ADF Foods Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in ADF Foods Ltd stood at 50.0% of traded volume, against a 20-day average of 41.3%.

Avg Delivery (20D)41.3%+8.6 ppt latest vs avg
Highest Delivery50.1%on 11 Jun
Avg Volume (20D)2.71 L20-day run-rate
Conviction Trend↑ Strengthening+8.6 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

ADF Foods announcements: results, concalls, ratings, M&A.

Filings ADF Foods sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

ADF Foods files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 71 documents below.

  1. 22 May 2026General UpdatesView PDF

    General Updates

    Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 w.r.t Communication to shareholders regarding ''Second 100 days campaign - Saksham…

  2. 21 May 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed herewith Transcript of the Earnings call for Q4 & FY 2025-26.

  3. 07 May 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that an earnings…

  4. 24 Apr 2026Price movementView PDF

    Price movement

    Significant movement in price has been observed in ADF Foods Limited. The Exchange, in order to ensure that investors have latest relevant…

  5. 24 Apr 2026Price movementView PDF

    Price movement

    Significant movement in price has been observed in ADF Foods Limited. The Exchange, in order to ensure that investors have latest relevant…

Insider Activity

ADF Foods insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in ADF Foods as reported to SEBI — buying and selling signals from the people who know the business best.

ADF Foods insider activity below tracks 4 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Prisha Bavesh ThakkarInsider31 Jan 2025buy+10.00 L
Krish Bhavesh ThakkarInsider31 Jan 2025sell10.00 L
Parul Bimal ThakkarInsider31 Dec 2024buy+50.0 K₹1.42 Cr₹284.95
Bimal Ramesh ThakkarInsider27 Dec 2024buy+4.46 L₹12.71 Cr₹284.95
Corporate Actions

ADF Foods dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue ADF Foods has declared, sequenced by announce and record date.

ADF Foods corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About ADF Foods Ltd: business, sector, key facts.

What ADF Foods Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

ADF Foods Ltd operates in the Consumer Defensive, listed as NSE: ADFFOODS, BSE: 519183.

ADFFOODS
Consumer Defensive

ADF Foods Ltd

NSE · ADFFOODS·BSE · 519183·adf-foods.com

ADF Foods Limited is a prominent Indian food company with a global reach, specializing in the manufacturing and sale of a diverse range of food products. Their business model encompasses two primary segments: Process and Preserved Food, and Distribution Business. This dual approach allows them to control much of their supply chain, from initial production to final distribution and export.

The company's extensive product portfolio caters to a wide array of consumer preferences and culinary needs. Under its various brand names – Ashoka, Truly Indian, Camel, Aeroplane, ADF Soul, Khansaama, Nate's, and PJ's Organics – ADF Foods offers a comprehensive selection of frozen snacks, breads, vegetables, ready-to-eat meals, meal accompaniments, and various condiments. This includes a wide range of Indian staples like papads, pickles, and chutneys, as well as international options like burritos. They also produce mango pulps and slices, cooking sauces, spices, and even flavored drink milk, showcasing their versatility in the food processing industry.

A key aspect of ADF Foods' success lies in its international presence. The company actively exports its products to major markets across North America, Europe, the Middle East, and the Asia-Pacific region. This global reach underscores their ability to meet diverse consumer demands and capitalize on international market opportunities. The strategic combination of a broad product line and extensive export capabilities positions ADF Foods as a significant player in the global food industry.

Established in 1932 and headquartered in Mumbai, India, ADF Foods has a long history within the food sector. Their longevity speaks to their ability to adapt to changing market trends and consumer preferences while maintaining a consistent commitment to quality and innovation. Their diverse brand portfolio allows them to target various market segments, effectively maximizing their market penetration and ensuring sustained growth within the competitive food industry.

company facts
Founded / IPO
Employees
SectorConsumer Defensive
HeadquartersMumbai, India
Market Cap₹3,115.18 Cr
Listed OnNSE
leadership26 on record
Mr. Ameet P. Hariani
Additional Non-Executive Independent Director
Mr. Arjuun Guuha
Additional Whole Time Director
Mr. Arjuun Guuha
Director of Operations & Additional Whole Time Director
Mr. Balbir Singh
Vice President - Manufacturing
Mr. Bimal Ramesh Thakkar B.Com
Executive Chairman, MD & CEO
Mr. Bimal Thakkar
Executive Chairman of the Board, Chief Executive Officer, Managing Director
Mr. Deepak Madan Nachane
Head of Purchase & GM of Purchase
Mr. Jay Mehta
Non-Executive Non-Independent Director
Mr. Jeetendra Joshi
General Manager - Supply Chain
Mr. Maneck Katpitia
Vice President- International Operations and Supply Chain
Mr. Maneck Katpitia
Vice President of International Operations & Supply Chain
Mr. Masud Sethi
Country Manager of Canada
§ ∞ · Plainly Answered

Questions investors ask about ADF Foods Ltd (ADFFOODS).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of ADF Foods Ltd (ADFFOODS)?

The current share price of ADF Foods Ltd (ADFFOODS) is ₹283.2. Today, the stock has gained by ₹9.60 (3.51%), trading in a range of ₹274 to ₹284. The stock opened at ₹276.45 with a trading volume of 96,463 shares.

02Is ADF Foods Ltd stock a good investment for long-term?

ADF Foods Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,115.18 crores, P/E ratio of 34.62, ROE of 16.89%, and ROCE of 16.90%. The dividend yield stands at 0.44%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of ADF Foods Ltd stock?

The 52-week high price of ADF Foods Ltd (ADFFOODS) is ₹0, while the 52-week low is ₹0. Currently trading at ₹283.2, the stock is Infinity% away from its 52-week low and -Infinity% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy ADF Foods Ltd stock at the current price?

Whether to buy ADF Foods Ltd stock at ₹283.2 depends on multiple factors. The stock is currently trading with a P/E ratio of 34.62 and P/B ratio of 5.44. Today's performance shows a gain of 3.51%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of ADF Foods Ltd and when is the next dividend?

ADF Foods Ltd offers a dividend yield of 0.44%, which means for every ₹100 invested at the current price of ₹283.2, you can expect to receive approximately ₹0.44 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of ADF Foods Ltd?

ADF Foods Ltd's key financial metrics include: P/E Ratio: 34.62, P/B Ratio: 5.44, ROE: 16.89%, ROCE: 16.90%, Dividend Yield: 0.44%, EPS: ₹8.18, Book Value: ₹52.09, and Debt-to-Equity: 9.63. The company's market cap stands at ₹3,115.18 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is ADF Foods Ltd stock performing today in the market?

ADF Foods Ltd stock opened at ₹276.45 and is currently trading at ₹283.2, showing a gain of ₹9.60 (3.51%). The intraday high is ₹284 and low is ₹274. The trading volume stands at 96,463 shares, indicating moderate market participation today.

08What is the P/E ratio of ADF Foods Ltd and what does it indicate?

ADF Foods Ltd has a Price-to-Earnings (P/E) ratio of 34.62, which means investors are willing to pay ₹34.62 for every ₹1 of earnings. With an EPS of ₹8.18, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about ADF Foods Ltd (ADFFOODS) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.