Skip to content

    ADF Foods

    Manufactures & exports frozen, ready-to-eat/cook Indian ethnic foods to 60+ countries under 5 brands.

    Fast Moving Consumer Goods
    Fast Moving Consumer Goods
    View ADFFOODS earnings calls
    ₹306.85
    +19.28% from avg

    Overview

    Price

    ₹306.85

    Market Cap

    ₹3.3k Cr

    Sector

    Fast Moving Consumer Goods

    Fast Moving Consumer Goods

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2020212222222222
    Reserves184253322397419470507550
    Borrowings231705556591255
    Other Liabilities375055465366135114
    Total Liabilities265324468520550618677741
    AssetsFixed Assets7777160175182186192258
    CWIP20075196027
    Investments1817398077611215
    Other Assets167229268259285353412442
    Total Assets265324468520550618677741

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating2031363451703758
    Cash from Investing-1-39-9-53-6013-39-5
    Cash from Financing-3214-733-5-63-21-24
    SummaryCapital Expenditure
    Free Cash Flow15213202455-4-25
    FCF Margin

    Valuation

    Assumptions

    Current — ADFFOODS
    Price
    ₹307
    EPS (TTM)
    ₹8.19
    PE (TTM)
    37.5
    Profit growth
    16.0%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (33.4×) and current (37.5×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹307
    vs
    Fair value · 15% return
    ₹251
    18%Overvalued

    At 16% growth and a 33× exit, ₹307 only delivers your return if you pay ₹251. The price is currently baking in 20% growth.

    EPS grows 16%/yr for 5 years, then fades to 6% over 2, exits at 33×.

    YearGrowthEPS (₹)
    FY2716.0%9.50
    FY2816.0%11.02
    FY2916.0%12.78
    FY3016.0%14.83
    FY3116.0%17.20
    FY3211.0% ·fade19.09
    FY336.0% ·fade20.24

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse ADF Foods

    Guides on how to read this kind of business and the numbers that matter.