Price
Financials
Standalone, Rs crore| Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 109.76 | 114.93 | 141.27 | 135.38 | 132.48 | 110.45 | 147.12 | 155.33 | 141.55 | 145.90 | 164.97 | 150.61 |
| Expenses | 107.66 | 100.14 | 123.38 | 118.91 | 125.99 | 109.24 | 147.17 | 157.98 | 157.15 | 160.27 | 176.08 | 155.64 |
| Operating Profit | 2.10 | 14.79 | 17.89 | 16.47 | 6.49 | 1.21 | -0.05 | -2.65 | -15.60 | -14.37 | -11.11 | -5.03 |
| OPM % | 1.91% | 12.87% | 12.66% | 12.17% | 4.90% | 1.10% | -0.03% | -1.71% | -11.02% | -9.85% | -6.73% | -3.34% |
| Other Income | 1.75 | 1.93 | 1.82 | 1.94 | 1.23 | 3.16 | 1.79 | 1.35 | 1.36 | 0.99 | 1.06 | 0.93 |
| Interest | 2.51 | 3.01 | 2.74 | 2.46 | 2.59 | 2.71 | 2.02 | 2.08 | 2.08 | 2.30 | 2.13 | 2.18 |
| Depreciation | 2.75 | 3.14 | 3.11 | 3.17 | 3.76 | 3.88 | 3.82 | 3.30 | 3.39 | 3.53 | 3.69 | 3.61 |
| Profit before tax | -1.41 | 10.57 | 13.86 | 12.78 | 1.37 | -2.22 | -4.10 | -6.68 | -19.71 | -19.21 | -15.87 | -9.89 |
| Tax % | -12.77% | 24.31% | 25.54% | 25.82% | 34.31% | -22.07% | -23.66% | -24.10% | -24.76% | -24.99% | -24.20% | -25.38% |
| Net Profit | -1.23 | 8.00 | 10.32 | 9.48 | 0.90 | -1.73 | -3.13 | -5.07 | -14.83 | -14.41 | -12.03 | -7.38 |
| EPS in Rs | -0.25 | 1.60 | 2.05 | 1.89 | 0.18 | -0.34 | -0.62 | -1.01 | -2.95 | -2.87 | -2.39 | -1.47 |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 169 | 225 | 263 | 289 | 390 | 342 | 425 | 484 | 508 | 524 | 554 | 603 |
| Expenses | 149 | 204 | 241 | 259 | 342 | 310 | 374 | 419 | 466 | 468 | 572 | 649 |
| Operating Profit | 20 | 21 | 23 | 31 | 47 | 32 | 51 | 65 | 42 | 56 | -17 | -46 |
| OPM % | 12% | 9% | 9% | 11% | 12% | 9% | 12% | 13% | 8% | 11% | -3.1% | -8% |
| Other Income | 3 | 3 | 1 | -2 | 2 | 5 | 4 | 4 | 7 | 7 | 8 | 4 |
| Interest | 4 | 9 | 8 | 6 | 6 | 4 | 10 | 11 | 10 | 11 | 9 | 9 |
| Depreciation | 2 | 4 | 6 | 6 | 7 | 7 | 10 | 10 | 11 | 13 | 14 | 14 |
| Profit before tax | 16 | 10 | 10 | 17 | 36 | 25 | 35 | 47 | 27 | 39 | -33 | -65 |
| Tax % | 35% | 37% | 28% | 36% | 31% | 26% | 34% | 31% | 10% | 26% | -24% | |
| Net Profit | 10 | 6 | 7 | 11 | 25 | 18 | 23 | 33 | 24 | 29 | -25 | -49 |
| EPS in Rs | 2.07 | 1.26 | 1.42 | 2.20 | 5.01 | 3.69 | 4.65 | 6.54 | 4.87 | 5.71 | -4.92 | -9.68 |
| Dividend Payout % | 24% | 40% | 35% | 23% | 20% | 27% | 21% | 19% | 0% | 18% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 13% | 10% | 5% | 11% | ||
| Compounded Profit Growth | % | % | % | -439% | ||
| Stock Price CAGR | 2% | 5% | % | % | ||
| Return on Equity | 17% | 13% | 6% | -15% |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 20 | 24 | 28 | 36 | 55 | 75 | 92 | 119 | 135 | 168 | 143 | 120 |
| Borrowings | 66 | 67 | 51 | 50 | 57 | 98 | 93 | 93 | 91 | 80 | 91 | 112 |
| Other Liabilities | 27 | 38 | 38 | 46 | 69 | 77 | 74 | 88 | 131 | 147 | 147 | 133 |
| Total Liabilities | 123 | 138 | 127 | 142 | 191 | 259 | 269 | 311 | 367 | 404 | 391 | 375 |
| Fixed Assets | 86 | 97 | 91 | 88 | 112 | 159 | 155 | 166 | 218 | 224 | 205 | 202 |
| CWIP | 3 | 0 | 0 | 0 | 1 | 0 | 4 | 6 | 13 | 18 | 34 | 29 |
| Investments | 0 | 0 | 14 | 31 | 42 | 49 | 52 | 55 | 58 | 20 | 22 | 21 |
| Other Assets | 35 | 41 | 21 | 23 | 36 | 52 | 58 | 85 | 79 | 142 | 131 | 122 |
| Total Assets | 123 | 138 | 127 | 142 | 191 | 259 | 269 | 311 | 367 | 404 | 391 | 375 |
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 14 | 17 | 22 | 20 | 26 | 59 | 19 | 34 | 63 | 42 | 39 | 4 |
| Cash from Investing Activity | -14 | -52 | -13 | 9 | -18 | -54 | -53 | -13 | -48 | -14 | -24 | 1 |
| Cash from Financing Activity | -7 | 33 | -8 | -27 | -10 | -2 | 32 | -21 | -13 | -21 | -22 | -4 |
| Net Cash Flow | -7 | -2 | 0 | 1 | -1 | 3 | -2 | 0 | 2 | 8 | -8 | 0 |
| Free Cash Flow | -1 | -38 | 9 | 18 | 23 | 27 | -39 | 22 | 40 | 23 | 29 | -21 |
| CFO/OP | 123% | 104% | 112% | 99% | 105% | 142% | 76% | 80% | 113% | 127% | 88% | -26% |
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 4 |
| Inventory Days | 21 | 45 | 33 | 33 | 38 | 23 | 34 | 34 | 28 | 29 | 31 | 34 |
| Days Payable | 15 | 28 | 37 | 29 | 30 | 50 | 72 | 50 | 55 | 65 | 65 | 82 |
| Cash Conversion Cycle | 6 | 17 | -5 | 4 | 8 | -26 | -38 | -16 | -27 | -37 | -31 | -44 |
| Working Capital Days | -30 | -18 | -22 | -36 | -41 | -46 | -68 | -33 | -35 | -46 | -34 | -62 |
| ROCE % | 43% | 30% | 20% | 22% | 28% | 38% | 19% | 24% | 29% | 16% | 20% | -10% |
| Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.91% | 73.71% | 73.71% | 73.71% | 73.71% | 73.70% | 73.70% | 73.70% | 73.70% | 73.70% | 73.70% | 94.81% |
| FIIs | 0.00% | 0.01% | 0.00% | 0.04% | 0.15% | 0.54% | 0.32% | 0.36% | 0.37% | 0.82% | 0.80% | 0.02% |
| DIIs | 1.14% | 0.98% | 1.00% | 1.00% | 1.06% | 3.23% | 3.31% | 3.39% | 3.39% | 3.39% | 1.01% | 0.83% |
| Public | 24.94% | 25.30% | 25.29% | 25.25% | 25.08% | 22.53% | 22.67% | 22.54% | 22.54% | 22.10% | 24.47% | 4.34% |
| No. of Shareholders | 12,893 | 15,411 | 14,667 | 14,870 | 29,380 | 29,455 | 30,305 | 28,453 | 27,998 | 21,235 | 13,291 | 8,792 |
Fundamentals
Market Cap₹ 2,321 Cr.
Current Price₹ 462
Book Value₹ 25.9
ROCE-9.51 %
ROE-15.0 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)-439%
Standalone figures.
Valuation
Market capRs 2,321 Cr
Enterprise valueRs 2,345 Cr
Price to book15.20x
Price to sales3.85x
EV / sales3.89x
Price to cash flow617.29x
Earnings yield-2.10%
P/E, 3-year average49.81x
P/B, 3-year average8.67x
P/E, 5-year average48.33x
P/B, 5-year average9.64x
Profitability
Operating margin (excl. other income)-3.08%
Operating margin (incl. other income)-1.70%
EBITDA margin-6.93%
Pre-tax margin-10.73%
Net profit margin-8.07%
Net margin, latest quarter-4.90%
ROE-14.97%
ROCE-9.49%
ROA-6.23%
ROE, 3-year average6.85%
ROCE, 3-year average8.89%
ROA, 3-year average2.80%
ROE, 5-year average14.75%
ROCE, 5-year average15.67%
ROA, 5-year average5.70%
ROIC (approx.)-23.99%
Tax rate24.30%
Other income / net worth5.02%
Growth
Sales growth (latest year)5.80%
Profit growth (latest year)-186.27%
Sales CAGR, 3 years4.66%
Sales CAGR, 5 years10.15%
Sales growth QoQ-8.70%
Sales growth YoY (latest quarter)-3.04%
Per share
EPS (TTM)Rs -9.68
EPS (latest year)Rs -4.93
EPS (latest quarter)Rs -1.47
EPS, 3-year averageRs 1.89
EPS, 5-year averageRs 3.37
Book value per shareRs 30.38
Sales per shareRs 119.96
Cash flow per shareRs 0.75
Free cash flow per shareRs -4.18
Dividend per share, 3-year averageRs 1.00
Dividend per share, 5-year averageRs 1.08
Dividends
Dividend payout, 3-year average17.49%
Dividend payout, 5-year average19.36%
Efficiency
Asset turnover1.42x
Fixed asset turnover2.71x
Inventory turnover11.24x
Inventory days32 days
Debtor days4 days
Debtors turnover85.43x
Creditor days82 days
Cash conversion cycle-44 days
Working capital days-62 days
Leverage
Total debtRs 91 Cr
Cash and bankRs 67 Cr
Net debtRs 24 Cr
Debt to equity0.60x
Interest coverage-6.44x
Owners' fund to total sources39.09%
Debt to assets23.39%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -21 Cr
FCFE (approx.: FCF + change in debt)Rs -9 Cr
Cash from ops / profit, 5 years2.17x
Sales to cash flow147.46x
Statement figures
Net sales (TTM)Rs 603 Cr
Net sales (latest year)Rs 554 Cr
Sales (latest quarter)Rs 151 Cr
Operating profit excl. other income (latest year)Rs -17 Cr
Operating profit (latest quarter)Rs -5 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs -42 Cr
PBDT (TTM)Rs -50 Cr
Profit before tax (TTM)Rs -65 Cr
Tax (latest year)Rs -8 Cr
Net profit (TTM)Rs -49 Cr
Net profit (latest year)Rs -25 Cr
Net profit (latest quarter)Rs -7 Cr
Depreciation (TTM)Rs 14 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 9 Cr
Cost of goods sold (latest year)Rs 366 Cr
Total expenditure (latest year)Rs 572 Cr
Total income (latest year)Rs 562 Cr
Share capitalRs 10 Cr
ReservesRs 143 Cr
Shareholders' fundsRs 153 Cr
Total assetsRs 391 Cr
Net blockRs 205 Cr
Capital work in progressRs 34 Cr
InvestmentsRs 22 Cr
ReceivablesRs 6 Cr
InventoryRs 33 Cr
Other liabilitiesRs 147 Cr
Shares outstanding (crore)5.03
Ownership
Promoter holding94.81% (+21.11 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 15.20 is at the 75th percentile (median 11.74).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | DFMFOODS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.3% | -2.8% | +3.1 pts |
| 1 month | +0.5% | -6.8% | +7.3 pts |
| 3 months | +1.9% | -7.6% | +9.5 pts |
| 6 months | +25.4% | +0.4% | +25.0 pts |
| 1 year | +85.8% | -9.9% | +95.7 pts |
| 2 years | +24.0% | -13.6% | +37.5 pts |
| 3 years | +167.3% | +14.2% | +153.1 pts |
| 5 years | +63.5% | +27.9% | +35.7 pts |
Red flags
F-score 4 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2022Sales ₹151 Cr -3.0% vs Dec 2021.
Net loss ₹7 Cr.
Activity
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|---|---|---|---|
| Nestle India Ltd | 259,493 | 69.1 | 84.1 % |
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| Mrs Bectors Food Specialities Ltd | 6,407 | 49.6 | 12.9 % |
| Gopal Snacks Ltd | 3,153 | 57.4 | 11.7 % |
| ADF Foods Ltd | 2,949 | 30.5 | 21.8 % |
| Prataap Snacks Ltd | 2,526 | 198 | 3.17 % |
| Tasty Bite Eatables Ltd | 2,472 | 68.1 | 14.0 % |
| Shah Foods Ltd | 807 | 245 | % |
| Hexagon Nutrition Ltd | 790 | 20.0 | 22.2 % |
| Lotus Chocolate Company Ltd | 721 | 9.71 % | |
| Euro India Fresh Foods Ltd | 687 | 129 | 9.83 % |
| Ganesh Consumer Products Ltd | 618 | 13.6 | 19.3 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2022-08-25 | Annual General Meeting | |
| 2021-08-12 | Annual General Meeting | |
| 2021-08-05 | Dividend - Re 1 Per Share | |
| 2020-09-10 | Annual General Meeting | |
| 2019-07-25 | Dividend - Rs 1.25 Per Share | |
| 2018-11-01 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share | 0.2000 |
| 2018-07-19 | Annual General Meeting/Dividend- Rs 5 Per Share | |
| 2017-07-20 | Annual General Meeting/Dividend - Rs 5/- Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of DFM Foods Ltd?
DFM Foods Ltd (DFMFOODS) has a market capitalisation of Rs 2,321 Cr. at the 2023-03-27 close.
What were DFM Foods Ltd's latest quarterly results?
In the Dec 2022 quarter, DFM Foods Ltd sales was Rs 151 Cr (-3.0% vs Dec 2021) with a net loss of Rs 7 Cr.