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ADF Foods share price & results

ADF Foods· Fast Moving Consumer Goods

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

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

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Inve AI Signals on ADFFOODS
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Guidance Hit Rate
12 targets · 50% hit rate 1 achieved · 10 active →
Segment Shift
2 segments tracked See revenue & margin mix below →
Reverse DCF
Reality Gap Ready Test priced-in growth in DCF tool →
Concall & Tone
Q1 FY27 analysed Read claims, qualifiers & Q&A →

Price & Snapshot

₹249.66 +6.08% · +₹14.31

Last close 2 Nov 2026 · NSE · INR · Source: Inve

Performance +13.7% 1Y

₹150₹200₹250₹300Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 10 Nov 2025Q3 FY26 — 5 Feb 2026Q4 FY26 — 14 May 2026Q1 FY27 — 30 Jul 2026

1Y: ₹219.54 on 31 Oct 2025 → ₹249.66. High ₹320.4 (3 Jul 2026), low ₹157.89 (27 Mar 2026).

Previous close
₹235.35
Market cap
₹2.7k Cr
52-week range
₹157.89 – ₹320.4
One year
+12.85%
Price to earnings (TTM to Jun 2026)
28.63×
Return on equity (TTM to Jun 2026)
18.01%

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue121 ₹ crore+21.0% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin23.0 %+1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit18.0 ₹ crore+5.9% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity18.01 %+4.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-3.51 %−2.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)19.67 %+2.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Business Mix

Where revenue comes from

2 operating segments · As of 30 Jun 2026

Processed and preserved foods 86.1% · ₹144.05 Cr +28.4% YoY
Distribution Business 13.9% · ₹23.24 Cr −2.2pp mix

Explore full multi-period segment shift & margins →

Guidance

What management said, and what became of it

1 of 2 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

ADF Foods management guidance track record on Inve: 12 targets tracked across analysed earnings calls (1 achieved, 1 missed, 10 open).

Delivering on Capex (1/1 achieved), while Growth (1 needs watch) & Operations (1 needs watch) are lagging.

TargetOriginal wordingSaidLatest callVerdict
Capex Surat Greenfield Facility OperationsCommissioned by H2 FY26
Call transcript, Q3 FY25 · 17 Feb 2025		Q3 FY25Q1 FY27:Commercial deliveries and initial container shipments have begun, confirming the plant is operational.
Call transcript, Q1 FY27 · 30 Jul 2026		Achieved
Operations Truly Indian Brand Breakeven TimelineSix to eight months
Call transcript, Q3 FY25 · 17 Feb 2025		Q3 FY25Q1 FY27:No update on the breakeven timeline. Commentary focused on strong revenue growth and store expansion (now in 3,000+ stores).
Call transcript, Q1 FY27 · 30 Jul 2026		Ghosted
Growth Consolidated RevenueINR 1,000 crores by FY27
Call transcript, Q3 FY25 · 17 Feb 2025		Q3 FY25Q1 FY27:Guidance revised to 'upwards of INR 900 crores' for FY27, a softening from the previous INR 925-1,000 cr range but an improvement over the worst-case scenario.
Call transcript, Q1 FY27 · 30 Jul 2026		Diluted

Source: Inve Guidance Tracker for ADF Foods · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of ADF Foods's 12 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 9 more targets are in the full ledger.

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Supply chain

Cross-company call evidence

Named counterparties and similar headwinds disclosed on earnings calls.

Counterparties named by ADF Foods

  • ADF Foods acquires or invests in Vibrant.

    Q3 FY25 · closed · positive

    To improve performance and enable strategic decisions, as the company's share in the market grew from $1-1.5 million to $5 million through this entity.

    “I think you are referring to Vibrant, which used to be our 70% company and in the last quarter it became 100% company. Yes, the performance is not up to mark, and hence we have completely bought over the stake. And this company actually has been really helpful for overall business of ADF. In this market where it operates, our share used to be like, say, $1 million and $1.5 million, it's already at $5 million which is the sales routed through this entity.”

Sector context: matching headwinds

Sector context does not establish a business relationship with ADF Foods. Each comparison matches a headwind disclosed by ADF Foods in the same calendar reporting quarter.

  • freight and shipping · Q1 FY27

    ADF Foods reported: Vessel shortages and elevated fuel and increased ocean freight costs continue to impact transit timelines and costs, affecting Q1 margins by ~3%.

    Reporting period ended 2026-06-30

    13 other companies · logistics supply chain

    Patanjali Foods Limited (PATANJALI) reported (period ended 2026-06-30): Inflation in commodity prices, packaging, freight, and logistics is raising input costs for FMCG businesses.

    L T Foods (LTFOODS) reported (period ended 2026-06-30): Impacted margins in Middle East, Europe, and UK due to increased logistic costs, with freight rates surging from $200 to $4,000.

    Bikaji Foods International Limited (BIKAJI) reported (period ended 2026-06-30): U.S. tariff disturbances and increased crude oil prices (3x freight costs) have led to a 2.2% decline in exports.

    DOMS Industries Limited (DOMS) reported (period ended 2026-06-30): Impacted export growth, leading to longer transit times, higher freight costs, and shipment deferrals.

  • tariff impact · Q1 FY27

    ADF Foods reported: Uncertainty regarding the future of the 10% tariff rate, though management hopes it remains stable.

    Reporting period ended 2026-06-30

    2 other companies · regulatory policy

    L T Foods (LTFOODS) reported (period ended 2026-06-30): Tariff shifts created pricing volatility, but the company is focused on converting dollar growth into real unit growth as pricing normalizes.

    Apex Frozen Foods Limited (APEX) reported (period ended 2026-06-30): No clarity on receiving refunds for past U.S. tariff payments due to ongoing regulatory and legal processes.

From available earnings-call summaries. Disclosures are management statements, not independently verified transactions.

Live Summary

ADFFOODS ₹249.66 +6.08%
Guidance Verdict (12 tracked) 1 kept · 10 open· 1 missed
AI Call Brief · Q1 FY27

ADF Foods Q1 FY27

Overview

Symbol
NSE:ADFFOODS
Exchange
NSE
Currency
INR

What ADF Foods does

Based on the company's own presentations, annual report and earnings calls.

ADF Foods makes and markets frozen foods, ready-to-eat (RTE) and ready-to-cook (RTC) Indian ethnic food products and meal accompaniments such as curries, breads, pickles, chutneys and spices, sold to South Asian diaspora, mainstream and domestic consumers. It runs its own branded processed-foods business alongside an agency distribution business that distributes third-party FMCG brands across the US and UK. Manufacturing is carried out at plants in Nadiad and Nashik, with a new greenfield facility at Surat that began commercial production in FY26.

Segments

  • Processed Foods
  • Distribution
Manufacturing facilities
3 (Nadiad, Gujarat; Nashik, Maharashtra; Surat, Gujarat)
Annual food processing capacity
~38,000 MT
Product SKUs
600+
Owned brands
5 (Ashoka, Truly Indian, ADF Soul, Camel, Aeroplane)
Country presence
60+ countries
Distribution warehouses in USA
2
Founded 1932Headquarters Nadiad, Gujarat, IndiaEmployees 369 (FY 2024-25) Company website

How the price took the results

Moved an average of ±4.9% across the last 4 priced result releases

Close before → close after
QuarterReleaseRevenue (₹ Cr) Net profit (₹ Cr)Rev YoYBefore → AfterReaction
Q1 FY2730 Jul 26121 18+21.0%₹301.8 → ₹262.35−13.1%
Q4 FY2614 May 26150 30+11.1%₹272.1 → ₹270.3−0.7%
Q3 FY265 Feb 26137 20+13.2%₹225.52 → ₹227.73+1.0%
Q2 FY2610 Nov 25140 30+11.1%₹232.49 → ₹220.77−5.0%

The move from the last close before each results date to the first close on or after it — the market's first read on the quarter alongside what was filed.

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Quick Answers

Frequently asked questions on ADF Foods

Compiled directly from ADFFOODS's filed financial statements, earnings call transcripts, and ownership disclosures.

How did ADF Foods (ADFFOODS) perform in its latest reported quarter (Jun 2026)?

For the quarter ended Jun 2026, ADF Foods reported revenue of ₹121 Cr, net profit of ₹18 Cr, an operating margin of 23.0%. Diluted earnings per share stood at ₹1.66.

How is ADF Foods (ADFFOODS) valued today, and what growth does the stock price imply?

ADF Foods (ADFFOODS) trades at ₹249.66, with a market capitalization of ₹2.7k Cr. Reverse-DCF analysis shows the current stock price implies 19.3% annual earnings growth over the next 7 years compared with its historical net-profit CAGR of 19.4%.

Who owns ADF Foods (ADFFOODS) — promoters, FIIs, DIIs, and mutual funds?

As of Sept 2026, Promoters hold 36.1%, FIIs hold 11.4%, DIIs hold 21.0%, Public shareholders hold 31.5%.

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