EIFFL
Euro India Fresh Foods financials
- Market cap
- ₹697 Cr
- Sector
- Fast Moving Consumer Goods
What Euro India Fresh Foods Limited does
Euro India Fresh Foods Limited manufactures and markets a diversified portfolio of packaged food products — potato chips, namkeen, extruded snacks/fryums, khakhra, chikki, bakery items, fruit beverages, energy and carbonated drinks, packaged drinking water, mango pulp/frozen fruit pulp, Indian sweets and ready-to-eat items — under the Euro brand. Products are made at a single ISO 22000:2005-certified, FSSAI-approved manufacturing facility in Surat, Gujarat using automated processing lines, nitrogen-flushed multi-layer packaging and in-house quality-control labs. The company sells through a multi-tier network of super-stockists and distributors reaching retail, cash-and-carry and modern-trade outlets across several Indian states, plus proprietary home-delivery channels (Euro Home Delivery, Euro Food Mart App) and major online grocery platforms, and exports to about 20 countries.
Segments
- Snacks
- Beverages
- Bakery & ready-to-eat
- Sweets & pulp
- Manufacturing facility
- 1 facility, 2,00,000 sq ft (Surat, Gujarat)
- Warehousing space
- 75,000 sq ft
- Installed capacity — Namkeen
- 20 tonnes/day
- Installed capacity — Beverages & water
- 7,200 bottles/hour
- Installed capacity — Potato chips
- 500 kg/hour
- Distribution network
- 350+ super-stockists and distributors
Quarterly results
Q1 FY27: revenue up 15.7%, net profit up 124.2% 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 | 33 | 48 | 35 | 31 | 32 −1% | 28 −41% | 60 +72% | 36 +16% |
| EBITDA | 3 | 4 | 5 | 2 | 1 −68% | 3 −23% | 9 +87% | 4 +60% |
| Net profit | 1 | 2 | 3 | 0 | -1 −215% | 1 −49% | 5 +80% | 1 +124% |
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 +20.1% 1Y
1Y: ₹234.12 on 10 Sept 2025 → ₹281.2. High ₹356.54 (22 Jun 2026), low ₹206.79 (10 Dec 2025).
Financials, as filed
Revenue grew 2.1% a year over 3 years, FY23 to FY26. Operating margin widened to 10.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹143 Cr | ₹111 Cr | ₹144 Cr | ₹152 Cr |
| Operating profit | ₹8 Cr | ₹9 Cr | ₹13 Cr | ₹15 Cr |
| Operating margin | 5.6% | 8.4% | 9.3% | 10.0% |
| Interest | ₹3 Cr | ₹4 Cr | ₹4 Cr | ₹5 Cr |
| Depreciation | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Net profit | ₹1 Cr | ₹2 Cr | ₹6 Cr | ₹5 Cr |
| Net margin | 0.9% | 2.0% | 3.9% | 3.3% |
| Cash from operations | ₹7 Cr | ₹10 Cr | ₹9 Cr | ₹10 Cr |
| Free cash flow | ₹5 Cr | ₹6 Cr | ₹7 Cr | ₹4 Cr |
| ROCE | 5.0% | 6.0% | 10.0% | 10.0% |
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 | ₹25 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr |
| Reserves | ₹37 Cr | ₹38 Cr | ₹40 Cr | ₹42 Cr | ₹47 Cr | ₹52 Cr |
| Borrowings | ₹33 Cr | ₹37 Cr | ₹39 Cr | ₹39 Cr | ₹61 Cr | ₹59 Cr |
| Other liabilities | ₹17 Cr | ₹15 Cr | ₹19 Cr | ₹14 Cr | ₹21 Cr | ₹19 Cr |
| Total liabilities | ₹112 Cr | ₹116 Cr | ₹122 Cr | ₹120 Cr | ₹154 Cr | ₹155 Cr |
| Fixed assets | ₹35 Cr | ₹33 Cr | ₹33 Cr | ₹30 Cr | ₹43 Cr | ₹48 Cr |
| Capital work in progress | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹3 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹1 Cr |
| Other assets | ₹76 Cr | ₹82 Cr | ₹89 Cr | ₹86 Cr | ₹108 Cr | ₹106 Cr |
| Total assets | ₹112 Cr | ₹116 Cr | ₹122 Cr | ₹120 Cr | ₹154 Cr | ₹155 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 added +1.94 pp while promoters trimmed −1.35 pp. The shareholder count grew 28% to 2,262.
- Promoters
- 72.2%
- DIIs
- 1.9%
- Public
- 25.9%
Since Sep 2025
- DIIs +1.94 pp
- Promoters −1.35 pp
- Public −0.59 pp
How it drifted, 12 quarters
Over this window DIIs went from 0.0% to 1.9% — +1.9 pp.
Ownership split by quarter, oldest first. Dec '23: Promoters 73.5%, Public 26.5%.Mar '24: Promoters 73.5%, Public 53.0%.Jun '24: Promoters 73.5%, Public 26.5%.Sep '24: Promoters 73.5%, Public 26.5%.Dec '24: Promoters 73.5%, Public 26.5%.Mar '25: Promoters 73.5%, Public 26.5%.Jun '25: Promoters 73.5%, FIIs 0.0%, Public 26.5%.Sep '25: Promoters 73.5%, Public 26.5%.Dec '25: Promoters 73.5%, Public 26.5%.Mar '26: Promoters 73.5%, FIIs 0.1%, DIIs 2.0%, Public 24.4%.Jun '26: Promoters 73.5%, DIIs 2.1%, Public 24.4%.Aug '26: Promoters 72.2%, DIIs 1.9%, Public 25.9%.
Who is on the register
Named in the Aug 2026 filing
Every holder of Euro India Fresh Foods Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Manhar Jivanbhai Sanspara | 33.49% | −0.63 pp |
| Dinesh Jivanbhai Sanspara | 32.53% | −0.61 pp |
| Maheshkumar Vallabhbhai Mavani | 5.70% | −0.11 pp |
| Money Logix Securities Private Limited | 2.93% | unchanged |
| Jainam Broking Limited | 2.79% | unchanged |
| Gautam Babubhai Bhayani | 2.50% | unchanged |
| Greenx Wealth Multihorizons Opportunity Fund AIF | 1.94% | unchanged |
| Vohera Shubh Vishalbhai | 1.40% | unchanged |
| Shwetkumar Dhirajbhai Koradiya | 1.33% | unchanged |
| Sapnaben Manharbhai Sanspara | 0.20% | unchanged |
| Dipesh Dinesh Sanspara | 0.10% | unchanged |
| Maya Dinishbhai Sanspara | 0.10% | 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.
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