543737
Aveer Foods financials
- Market cap
- ₹247 Cr
- Sector
- Fast Moving Consumer Goods
What Aveer Foods does
Aveer Foods Limited (demerged from Chordia Food Products Limited) manufactures and sells packaged meal accompaniments, primarily Pickles, Ketchups, Sauces, Chutneys, Thecha, and both handmade and machine-made Papads. It earns through sale of these branded, pre-packed products across Indian and non-Indian (e.g. Chinese-style chutneys and sauces) categories, distributed nationally via a large network of distributors.
Segments
- Indian Meal Accompaniments
- Non-Indian Meal Accompaniments
- Manufacturing plants
- 1 (Shirwal, Maharashtra; FSSC 22000 & HACCP certified)
- Distributor network
- 1,500+ distributors across India
- Product segments
- 2 (Indian & Non-Indian meal accompaniments)
Quarterly results
Q1 FY27: revenue up 1.3%, net profit up 11.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 26 | 27 | 27 | 34 | 38 +45% | 36 +31% | 35 +31% | 34 +1% |
| EBITDA | 2 | 2 | 2 | 2 | 4 +46% | 2 +30% | 2 +5% | 2 +7% |
| Net profit | 1 | 1 | 1 | 1 | 2 +29% | 1 −5% | 0 −39% | 1 +11% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −26.5% 1Y
1Y: ₹750 on 10 Sept 2025 → ₹551.1. High ₹761.25 (12 Sept 2025), low ₹502 (2 Mar 2026).
Financials, as filed
Revenue grew 13.6% a year over 3 years, FY23 to FY26. Operating margin widened to 6.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹98 Cr | ₹96 Cr | ₹109 Cr | ₹143 Cr |
| Operating profit | ₹3 Cr | ₹6 Cr | ₹8 Cr | ₹9 Cr |
| Operating margin | 3.5% | 5.9% | 7.2% | 6.3% |
| Interest | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹1 Cr |
| Depreciation | ₹1 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Net profit | ₹1 Cr | ₹1 Cr | ₹4 Cr | ₹4 Cr |
| Net margin | 1.0% | 1.3% | 3.6% | 2.5% |
| Cash from operations | ₹5 Cr | ₹8 Cr | ₹7 Cr | ₹3 Cr |
| Free cash flow | ₹2 Cr | ₹8 Cr | ₹5 Cr | ₹0 Cr |
| ROCE | 8.0% | 10.0% | 17.0% | 15.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Reserves | ₹0 Cr | ₹11 Cr | ₹12 Cr | ₹13 Cr | ₹26 Cr | ₹47 Cr |
| Borrowings | ₹7 Cr | ₹12 Cr | ₹8 Cr | ₹5 Cr | ₹9 Cr | ₹3 Cr |
| Other liabilities | ₹3 Cr | ₹14 Cr | ₹14 Cr | ₹10 Cr | ₹32 Cr | ₹15 Cr |
| Total liabilities | ₹10 Cr | ₹42 Cr | ₹38 Cr | ₹33 Cr | ₹71 Cr | ₹69 Cr |
| Fixed assets | ₹0 Cr | ₹8 Cr | ₹9 Cr | ₹10 Cr | ₹27 Cr | ₹29 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹9 Cr | ₹34 Cr | ₹29 Cr | ₹22 Cr | ₹43 Cr | ₹40 Cr |
| Total assets | ₹10 Cr | ₹42 Cr | ₹38 Cr | ₹33 Cr | ₹71 Cr | ₹69 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −2.83 pp while promoters added +2.82 pp. The shareholder count shrank 2% to 3,366.
- Promoters
- 74.9%
- Public
- 25.1%
Since Jun 2025
- Public −2.83 pp
- Promoters +2.82 pp
How it drifted, 12 quarters
Over this window promoters went from 72.5% to 74.9% — +2.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 72.5%, Public 27.5%.Dec '23: Promoters 72.6%, Public 27.4%.Mar '24: Promoters 72.6%, Public 27.4%.Jun '24: Promoters 72.5%, Public 27.5%.Sep '24: Promoters 72.1%, Public 27.9%.Dec '24: Promoters 72.1%, Public 27.9%.Mar '25: Promoters 72.1%, Public 27.9%.Jun '25: Promoters 72.1%, Public 27.9%.Sep '25: Promoters 72.1%, Public 27.9%.Dec '25: Promoters 72.1%, Public 27.9%.Mar '26: Promoters 74.9%, Public 25.1%.Jun '26: Promoters 74.9%, Public 25.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Aveer Foods above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rajkumar Hukmichand Chordia | 39.63% | unchanged |
| Vishal Rajkumar Chordia | 17.80% | unchanged |
| Anand Rajkumar Chordia | 8.66% | unchanged |
| Madhubala Rajkumar Chordia | 4.44% | unchanged |
| Shweta Vishal Chordia | 4.19% | unchanged |
| Guttikonda Vara Lakshmi | 2.75% | unchanged |
| Rajasekhar Guttikonda | 1.31% | unchanged |
| Tanvi Jignesh Mehta | 1.00% | −0.12 pp |
| Subhash Hastimal Lodha | 0.17% | unchanged |
| Sulbha Subhash Lodha | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Aveer Foods
Guides on how to read this kind of business and the numbers that matter.