544151
Chatha Foods financials
- Market cap
- ₹267 Cr
- Sector
- Fast Moving Consumer Goods
- Calls analysed
- 4
Chatha Foods Knowledge Session Analysis
What went well
- Strong revenue growth trajectory with targets of ₹325+ Cr for FY27, ₹450+ Cr for FY28, and ₹550+ Cr for FY29.
- Significant margin expansion expected, with gross margins for veg products at 30-32% and PAT margins reaching 9-10% by FY29.
- Successful commissioning and ramp-up of new vegetarian and Allana JV facilities, diversifying product portfolio and reducing customer concentration.
What Chatha Foods does
Chatha Foods is a B2B processed and frozen food manufacturer that supplies packaged food products to organized quick-service restaurant (QSR), casual dining and institutional customers. It operates manufacturing plants in Mohali (a dedicated non-vegetarian facility and a separate vegetarian facility) and an Allana joint-venture plant in Aurangabad focused on value-added meat and chicken products. The company produces a wide portfolio of flatbreads, tortillas, snacks, ready-to-eat items, gravies, pastes and retort rice for long-standing institutional clients such as Domino's, Burger King, Taco Bell and Subway.
Segments
- Flatbreads & Tortillas
- Snacks & RTE
- Non-Veg Range
- Gravies, Pastes & Retort Rice
- Manufacturing plants
- 3 (Mohali Plant I – non-veg; Mohali Plant II – veg; Aurangabad – Allana JV meat & chicken)
- Installed capacity (full network)
- 30,800 MT/yr across 3 plants
- Current operational capacity utilisation
- 65% of 7,800 MT
- Active SKUs
- 183+
- Stores served
- 5,000+
- Anchor client tenure
- 18+ years supplying Domino's and Subway
Guidance record · Q4 FY26
what the last two calls moved 8 tracked 1 delivered 1 missed 6 open- Allana JV Commissioning delivered, diluted said Q4 FY25 Promised: Operational by October 2025 Q4 FY26: if we look at Allana, we are already under what we call as line trials.
- New Veg Facility Commissioning delayed said Q4 FY25 Promised: Operational by August-September 2025 Q4 FY26: around the third week of March [2026], we should be at a line trial stage.
- Total Revenue revised down said Q4 FY25 Promised: Grow revenue 4x from FY25 levels by 2028-29 Q4 FY26: for FY29, we will be at the peak capacity utilization and the revenue will be 550+ CR.
All 8 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q4 FY26: revenue up 30.2%, net profit up 33.3% against the same quarter last year.
| Line item | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 71 | 63 | 74 | 83 | 84 +18% | 82 +30% |
| EBITDA | 7 | 6 | 5 | 6 | 6 −14% | 7 +17% |
| Net profit | 3 | 3 | 3 | 3 | 3 +0% | 4 +33% |
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 +13.0% 1Y
1Y: ₹97.75 on 10 Sept 2025 → ₹110.5. High ₹119 (24 Aug 2026), low ₹60.55 (30 Mar 2026).
How the price took the results
close before → close after
- Q4 FY26
- +12.0%
- 26 Feb
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹22 Cr | ₹24 Cr | ₹24 Cr |
| Reserves | ₹6 Cr | ₹7 Cr | ₹9 Cr | ₹35 Cr | ₹62 Cr | ₹65 Cr |
| Borrowings | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹8 Cr | ₹21 Cr | ₹26 Cr |
| Other liabilities | ₹14 Cr | ₹18 Cr | ₹19 Cr | ₹18 Cr | ₹23 Cr | ₹21 Cr |
| Total liabilities | ₹43 Cr | ₹48 Cr | ₹51 Cr | ₹84 Cr | ₹130 Cr | ₹136 Cr |
| Fixed assets | ₹27 Cr | ₹31 Cr | ₹29 Cr | ₹28 Cr | ₹32 Cr | ₹30 Cr |
| Capital work in progress | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹27 Cr | ₹41 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹17 Cr | ₹19 Cr |
| Other assets | ₹16 Cr | ₹17 Cr | ₹23 Cr | ₹56 Cr | ₹54 Cr | ₹46 Cr |
| Total assets | ₹43 Cr | ₹48 Cr | ₹51 Cr | ₹84 Cr | ₹130 Cr | ₹136 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 Aug 2026
Since Sep 2025, DIIs trimmed −0.83 pp while the public added +0.58 pp. The shareholder count grew 4% to 969.
- Promoters
- 55.8%
- FIIs
- 2.9%
- DIIs
- 13.3%
- Public
- 28.0%
Since Sep 2025
- DIIs −0.83 pp
- Public +0.58 pp
- Promoters +0.28 pp
How it drifted, 7 quarters
Over this window the public went from 18.3% to 28.0% — +9.7 pp.
Ownership split by quarter, oldest first. Mar '24: Promoters 59.8%, FIIs 3.5%, DIIs 18.4%, Public 18.3%.Sep '24: Promoters 59.8%, FIIs 2.4%, DIIs 11.7%, Public 26.1%.Mar '25: Promoters 55.9%, FIIs 2.9%, DIIs 14.2%, Public 27.1%.Sep '25: Promoters 55.5%, FIIs 2.9%, DIIs 14.2%, Public 27.4%.Mar '26: Promoters 55.5%, FIIs 2.9%, DIIs 14.2%, Public 27.4%.Jun '26: Promoters 55.7%, FIIs 2.9%, DIIs 14.2%, Public 27.2%.Aug '26: Promoters 55.8%, FIIs 2.9%, DIIs 13.3%, Public 28.0%.
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Iqbal Singh Chatha +0.07 pp 3.55% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Aug 2026 filing
Every holder of Chatha Foods above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Gurcharan Singh Gosal | 17.27% | unchanged |
| Paramjit Singh Chatha | 17.23% | unchanged |
| Gurpreet Chatha | 14.35% | unchanged |
| Negen Undiscovered Value Fund AIF | 11.26% | unchanged |
| Gursimar Singh Chatha | 5.47% | unchanged |
| Iqbal Singh Chatha | 3.55% | +0.07 pp |
| Nova Global Opportunities Fund Pcc - Touchstone FPI fund | 2.21% | unchanged |
| Anmoldeep Singh | 2.01% | unchanged |
| Aurum Sme Trust I AIF | 1.94% | unchanged |
| Shreya Yadav | 1.10% | unchanged |
| Namrata Kaur Gurm | 1.07% | unchanged |
| Irina Chatha | 0.29% | 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.
What the price assumes
- Growth the price implies
- 13.1% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
All earnings calls (2)
Read the Q4 FY26 call →Learn to analyse Chatha Foods
Guides on how to read this kind of business and the numbers that matter.