Hyderabad-based manufacturer of cocoa derivatives (cocoa mass, butter, powder) and chocolate/confectionery compounds, supplying food, ice-cream and bakery makers, now expanding into consumer-facing chocolates.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | -20 | -18 | -12 | -19 | 30 | 47 | 51 | 47 |
| Borrowings | 22 | 24 | 21 | 13 | 5 | 148 | 197 | 93 |
| Other Liabilities | 7 | 4 | 6 | 9 | 25 | 62 | 85 | 124 |
| Total Liabilities | 21 | 22 | 27 | 15 | 73 | 270 | 346 | 276 |
| AssetsFixed Assets | 2 | 1 | 2 | 2 | 16 | 25 | 26 | 31 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 3 | 3 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 19 | 21 | 26 | 13 | 57 | 242 | 317 | 242 |
| Total Assets | 21 | 22 | 27 | 15 | 73 | 270 | 346 | 276 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1 | 3 | 1 | 6 | 3 | -21 | -130 | 93 |
| Cash from Investing | 0 | 0 | 0 | 0 | -1 | -17 | -13 | -6 |
| Cash from Financing | -2 | -2 | -1 | -6 | -2 | 43 | 137 | -75 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 1 | 3 | 1 | 5 | 2 | -38 | -143 | 87 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
523475 · CYCLICAL_UNMODELABLE
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