Indian FMCG company selling packaged-food brands (Tasty Treat, Karmiq) through general trade and its own supermarket retail formats, backed by in-house wholesale distribution (Aadhaar) and dairy processing (Nilgiris Dairy Farm).
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 1.1k | 1.1k | 1.2k | 1.2k | 1.2k | 1.2k | 1.2k | 1.2k |
| Reserves | -154 | -90 | -592 | -1.0k | -1.4k | -1.5k | -1.5k | -1.5k |
| Borrowings | 814 | 696 | 624 | 577 | 428 | 410 | 433 | 436 |
| Other Liabilities | 446 | 465 | 598 | 494 | 246 | 404 | 436 | 418 |
| Total Liabilities | 2.3k | 2.2k | 1.8k | 1.2k | 490 | 508 | 570 | 552 |
| AssetsFixed Assets | 945 | 782 | 677 | 642 | 62 | 9 | 370 | 334 |
| CWIP | 31 | 36 | 9 | 9 | 0 | 0 | 3 | 3 |
| Investments | 73 | 66 | 65 | 8 | 5 | 8 | 8 | 8 |
| Other Assets | 1.2k | 1.3k | 1.1k | 562 | 424 | 490 | 188 | 206 |
| Total Assets | 2.3k | 2.2k | 1.8k | 1.2k | 490 | 508 | 570 | 552 |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -94 | -55 | 33 | 95 | 119 | 40 | 1 | 6 |
| Cash from Investing | -127 | -43 | -20 | -16 | 6 | 94 | 10 | 19 |
| Cash from Financing | 217 | 112 | -21 | -91 | -134 | -148 | -18 | -22 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -178 | -128 | 18 | 91 | 111 | 130 | 1 | 25 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
FCONSUMER · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.