ADF Foods Ltd Share Price

Q: What is the share price of ADF Foods Ltd today?

ADF Foods Ltd share price as on 31 Jan 2025 is ₹269.95

Food - Processing - Others

NSE: ADFFOODS Small Cap ISIN: INE982B01027

As on 31 January 2025 at 14:14 IST

₹269.95

+ 5.00

(1.89%)

Sell Buy

About ADF Foods Ltd

ADF Foods Ltd is a leading global food manufacturing company. The company operates in the food processing sector. It was established on August 27, 1990, making it decades old. The headquarters of ADF Foods Ltd is located in the city of Mumbai, Maharashtra. The company’s main products include a variety of ethnic foods such as sauces, pickles, ready-to-eat products, and frozen foods. These products are marketed under well-known brands such as Ashoka, Soul, and Nate. The company’s commitment to quality and innovation has helped it maintain a strong market presence. Read More...

Over 1 Month

-7.02%

Over 6 Months

11.68%

Over 1 Year

37.10%

Over 3 Years

53.11%

ADF Foods Ltd Summary

Close ₹ 269.95

Open ₹ 266

High ₹ 272.65

Low ₹ 264.25

Volume 52,970

Net Turnover (in ₹ Cr) ₹ 9.84

52Wk High ₹ 353.95

52Wk Low ₹ 179

52Wk High / Low

179

353.95

ADF Foods Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 2,910.84

EPS (TTM) 7.65

Book Value (BV) 43.27

Div. Yield 0.46 %

P/E (TTM) 34.80

Price/Book Value 6.15

Delivery % 19.20 %

Face Value 2

Key Ratios

PE Ratio 25.94

PB Ratio 4.58

EV to Sales 4.82

PEG Ratio -0.35

ROA 17.33

ROE 18.17

Debt-Equity 0.01

Net Profit Margin 19.23

Operating Profit Margin 27.27

ADF Foods Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	531.39	461.50	430.66	375.33	294.63
Total Expenses	433.32	386.03	365.53	308.62	239.31
Profit Before Tax	98.07	75.46	65.14	66.71	54.99
Profit After Tax	73.79	55.85	48.52	50.07	42.77
Operating Profit after Depreciation	100.41	78.12	66.94	67.87	56.65

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	182.33	174.91	160.20	77.23	77.20
Total Non Current Assets	205.56	195.58	171.22	88.29	94.42
Total Current Assets	350.50	329.32	299.42	238.72	177.47
TOTAL ASSETS	556.05	524.90	470.63	327.01	271.89
Total Shareholder's Fund	441.14	419.25	342.97	273.52	204.42

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	69.84	50.52	34.09	35.55	31.02
Net Cash used in Investing Activities	13.39	-60.07	-52.68	-8.52	-38.89
Net Cash used in Financing Activities	-63.41	-4.82	33	-7.40	13.70

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	425.03	363.45	311.12	240.89	203.84
Total Expenses	319.30	282.69	254.99	191.69	162.98
Profit Before Tax	105.73	80.76	56.13	49.19	40.54
Profit After Tax	79.64	60.01	41.49	36.69	31.47
Operating Profit after Depreciation	106.53	81.37	56.91	50.35	42.20

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	103.07	95.53	81.31	77.23	77.19
Total Non Current Assets	218.36	191.69	175.29	154.88	156.53
Total Current Assets	289.24	274.82	215.99	165.75	130.13
TOTAL ASSETS	507.60	466.50	391.28	320.62	286.66
Total Shareholder's Fund	450.91	425.65	349.21	287.55	231.33

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	62.98	24.90	38.21	25.93	35.51
Net Cash used in Investing Activities	8.32	-55.35	-46.04	-8.19	-51.50
Net Cash used in Financing Activities	-56.16	17.98	18.38	-7.40	13.70

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	161.39	121.62	153.63	129.65	124.62
Total Expenses	133.71	102.02	119.34	102.70	102.85
Profit Before Tax	26.13	19.55	31.07	26.16	20.56
Profit After Tax	19.67	14.39	25.04	19.09	14.93
Operating Profit after Depreciation	31.23	24.57	36.07	30.74	24.82

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	125.65	97.02	128.96	103.22	97.34
Total Expenses	97.94	74.27	97.14	76.80	74.69
Profit Before Tax	28.68	23.08	32.38	27.27	23.99
Profit After Tax	21.37	17.13	25.29	20.26	17.72
Operating Profit after Depreciation	30.80	25.15	34.47	29.21	25.63

ADF Foods Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 254.62

S2 244.28

S3 228.37

Pivot 270.53

R1 280.87

R2 296.78

R3 307.12

Moving Average

20 SMA 271.53

50 SMA 301.99

100 SMA 294.04

200 SMA 262.12

ADF Foods Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

ADF Foods Ltd

₹0.6/Share

Announcement Date 06 Nov 2024

Record Date 06 Nov 2024

Div Yield 30%

AGM Date: 12 Aug 2022

Annual General Meeting scheduled to be held on Friday, August 12, 2022. The Board of Directors at its Meeting held today i.e. on Friday, May 20, 2022 had recommended a Final Dividend @ Rs. 4/- per share (i.e. 40 %) on equity shares of face value of Rs. 10/- each, subject to the approval of the shareholders in the ensuing Annual General Meeting scheduled to be held on Friday, August 12, 2022. Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Friday, August 5, 2022 as the Record Date for determining entitlement of Members to said Final Dividend. Further, the Register of Members and Share Transfer Books of the Company will remain closed from Saturday, August 6, 2022 to Friday, August 12, 2022 (both days inclusive) for the purpose of holding Annual General Meeting. As per the requirement of Regulation 30 and Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Annual Report of the Company for the Financial Year 2021-22 along with the Notice convening the 32nd Annual General Meeting (AGM) scheduled to be held on Friday, August 12, 2022 at 10:00 a.m. through Video Conferencing ('VC')/ Other Audio Visual Means ('OAVM'). The Notice of the AGM and Annual Report has been sent to the shareholders through e-mail on July 20, 2022. The proof of dispatch by e-mail is enclosed herewith. We request you to take the above information on record. Notice of the 32nd Annual General Meeting (AGM). (As Per BSE Announcement Dated on 20.07.2022) Summary of the outcome of 32nd Annual General Meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Proceedings/Outcome of the 32nd Annual General Meeting along with Voting Results and Scrutinizer's Report. (As per BSE Announcement Dated on 12/08/2022) Adf Foods Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 13/08/2022)

AGM Date: 09 Aug 2023

Outcome of the Board Meeting held today i.e. May 06, 2023. Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Final dividend, if approved by the Members at the ensuing AGM, will be paid within thirty days from the date of declaration of dividend, to those Members whose names appear Register of Members / List of Beneficial Owners of the Company as on Thursday, 3rd August, 2023 ('Record Date'), received from the Depositories. Further, the Register of Members and Share Transfer Books of the Company will remain closed from 4th August, 2023 to 9th August, 2023 (both days inclusive) for the purpose of holding Annual General Meeting. Pursuant to Regulation 30 & 34 of SEBI (LODR) Regulations, 2015 please find enclosed herewith the Notice of the 33rd Annual General Meeting of ADF Foods Limited to held on Wednesday, 9th August, 2023 at 04.00 p.m. (IST) through VC/OAVM. (As Per BSE Announcement Dated on 15.07.2023) In terms of the provisions of Regulation 30 & 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the Financial Year 2022-23 along with the Notice convening the 33rd Annual General Meeting ('AGM') scheduled to be held on Wednesday, 09th August, 2023 at 04:00 p.m. (IST) through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM'). ADF FOODS LIMITED has informed BSE about Notice of Shareholders Meeting for Annual General Meeting. (As Per BSE Announcement Dated on 15.07.2023) Intimation of Newspaper publication pursuant to Regulation 30 & 47 of SEBI (LODR) Regulations, 2015 (As per BSE Announcement Dated on 17/07/2023) Intimation of summary of proceedings of the 33rd Annual General Meeting of the Company held today i.e. Wednesday, 09th August, 2023 pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. (As per BSE Announcement Dated on 09/08/2023) Disclosure of Voting Results and Scrutinizer Report of the 33rd AGM of ADF Foods Limited pursuant to Regulation 30 & 44 of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 11.08.2023)

AGM Date: 01 Aug 2024

Pursuant to Regulation 42 of SEBI(LODR) Regulations, 2015, Register of Members and Share Transfer Books of the Company will remain closed from 27th July, 2024 to 1st August, 2024 (both days inclusive) for the purpose of holding 34th AGM and payment of final dividend Pursuant to the provisions of Regulation 30 & 34 of the SEBI (LODR) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the Financial Year 2023-24 along with the Notice convening the 34th AGM scheduled to be held on Thursday, 1st August, 2024 at 04:00 p.m. (IST) through Video Conferencing (''VC'') / Other Audio Visual Means (''OAVM''). (As Per BSE Announcement dated on 09.07.2024) Intimation of summary of proceedings of the 34th AGM of the Company held today i.e. on Thursday, 1st August, 2024 through VC/ OAVM at 4:00 p.m. (IST) pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. (As per BSE Announcement Dated on 01/08/2024)

ADF Foods Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
ADF Foods Ltd	₹266.20	₹2,924.57
Hindustan Unilever Ltd	₹2,411.60	₹5,66,627.43
Nestle India Ltd	₹2,218.75	₹2,13,922.37
Varun Beverages Ltd	₹541	₹1,82,939.69
Britannia Industries Ltd	₹5,079.65	₹1,22,352.66
Godrej Consumer Products Ltd	₹1,118.90	₹1,14,464.35

ADF Foods Ltd News

Board of ADF Foods recommends interim dividend

Of Rs 0.6 per share

29 Oct 2024, 10:48 am

ADF Foods to convene board meeting

On 28 October 2024

23 Oct 2024, 05:41 pm

ADF Foods to table results

On 30 July 2024

23 Jul 2024, 12:11 pm

ADF Foods to conduct AGM

On 1 August 2024

10 May 2024, 11:30 am

Board of ADF Foods recommends final dividend

Of Rs 1.2 per share

10 May 2024, 09:36 am

ADF Foods Ltd Stock Analysis

Annual revenue for ADF Foods Ltd increased by 16.94% to ₹425.03 crore in FY 2024 from ₹363.45 crore in FY 2023.
Annual Net Profit for ADF Foods Ltd increased by 32.72% to ₹79.64 crore in FY 2024 from ₹60.01 crore in FY 2023.
Promoter Shareholding in ADF Foods Ltd decreased by 0.09% in the most recent quarter, from 36.17% in September 2024 to 36.13% in December 2024.
ADF Foods Ltd delivered a 1-year return of 37.10% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
ADF Foods Ltd share price moved up by 1.89% from its previous close of INR ₹264.95. The latest ADF Foods Ltd share price is INR ₹269.95.
ADF Foods Ltd share price today has been at a low of 264.25 and a high of 272.65. Over the past 52 weeks, the ADF Foods Ltd share price has seen a low of 179 and a high of 353.95.

About ADF Foods Ltd

ADF Foods Ltd is a leading global food manufacturing company. It produces and distributes various ethnic foods, including sauces, pickles, and chutneys. The range also covers pastes, ready-to-cook and ready-to-eat products, and frozen foods. The company caters to a wide range of culinary preferences, ensuring convenience in cooking. Its products make meal preparation easy and enjoyable without sacrificing taste.

Operating in the food processing sector, ADF Foods has established itself as a significant player in the industry. The company was incorporated on August 27, 1990, making it decades old. Over the years, it has expanded its product portfolio and market reach, serving customers in over 55 countries.

The headquarters of ADF Foods Ltd is located in Mumbai, Maharashtra. This central location enables the company to manage its operations and logistics effectively, ensuring the timely delivery of products to its global customer base. The company's promoters include Bimal Ramesh Thakkar, with a 13.08% stake in the company, who has been instrumental in its growth and success. A team of professional managerial promoters manages the operations of the company-

Bimal R Thakkar
Arjun Guuha
Jay M Mehta
Viren A Merchant
Deepa Misra Harris

ADF Foods’ main products include a variety of ethnic foods such as sauces, pickles, chutneys, pastes, ready-to-cook, ready-to-eat products, and frozen foods. These products are marketed under well-known brands such as Ashoka, Soul, and Nate. Other popular brands include Truly Indian, Aeroplane, and Khansaama. The company’s commitment to quality and innovation has helped it maintain a strong market presence.

While ADF Foods is not the number one stock in its sector, it holds a significant position in the food processing industry. The company continues to expand its market share through enhanced product offerings. This positions it as a strong contender in the industry.

The company's registered office is in Nadiad, Gujarat, and the registrar's office is in Mumbai, Maharashtra. ADF Foods Ltd is poised for continued growth and success in the food processing sector. This growth is driven by its innovative products and commitment to quality.

History of ADF Foods Limited

ADF Foods Ltd has a rich history dating back to its inception in 1932. The company started as a small retail store in Gujarat, India, selling dry fruits and nuts. Over the years, it evolved into a significant player in the food processing industry, known for its wide range of ethnic food products.

The journey began with the vision of its founders, who aimed to provide high-quality food products to consumers. Initially, the company focused on the domestic market, offering products that catered to local tastes and preferences. The commitment to quality and customer satisfaction helped the company build a loyal customer base.

In the 1980s, ADF Foods strategically decided to expand its product portfolio. The company ventured into producing pickles, chutneys, and canned foods. The growing demand for convenient and ready-to-eat food products drove this move. Introducing these new products marked a significant milestone in the company’s history, setting the stage for future growth.

The 1990s were a period of rapid expansion for ADF Foods. The company began exporting its products to international markets, starting with the Middle East. It gradually expanded to other regions. The company’s success in international markets was fueled by the increasing popularity of Indian cuisine worldwide. So, it capitalised on this trend by offering authentic, high-quality ethnic food products.

In 1992, ADF Foods was incorporated as a public limited company. This transition allowed the company to raise capital and invest in modern manufacturing facilities. The new facilities enabled ADF Foods to improve its product quality. This led to a focus on innovation and strict quality control guidelines, which have become a cornerstone of the company’s operations.

The early 2000s saw ADF Foods further diversify its product range. The company introduced frozen foods, ready-to-cook meals, and organic products. These additions responded to changing consumer preferences and the growing demand for healthy and convenient food options. So, the company’s ability to adapt to market trends was crucial to its continued success.

ADF Foods has continued to innovate and expand its product portfolio in recent years. The company has introduced new products such as plant-based foods and health-focused snacks. These products cater to the growing demand for healthier, more sustainable food options. The company’s ability to innovate and adapt to changing consumer preferences has also driven its success.

ADF Foods has also invested in modernising its manufacturing facilities. The company has implemented advanced technologies to improve efficiency and product quality. This focus on innovation and quality control has helped the company maintain its competitive edge in the market.

The leadership of ADF Foods has played a crucial role in its growth and success. The company’s management team comprises experienced professionals who deeply understand the food industry. Their strategic vision and commitment to excellence have driven the company’s growth.