SARVESHWAR
Sarveshwar Foods financials
- Market cap
- ₹494 Cr
- Sector
- Fast Moving Consumer Goods
- Calls analysed
- 1
Sarveshwar Foods Q1 FY26
What went well
- Total income grew by 29% year-on-year to ₹301 crores, reflecting strong revenue performance.
- EBITDA increased by 36% year-on-year to ₹17.13 crores, demonstrating improved operational efficiency.
- EBITDA margin expanded significantly by 50% year-on-year to 5.56%.
What to watch
- Audio quality issues during the call led to multiple interruptions and re-connections, impacting flow.
- Potential tariff pressures on export margins were acknowledged, though management outlined contingency plans.
Guidance record · Q1 FY26
what the last two calls moved 5 tracked 0 delivered 0 missed 5 open- Overall Revenue Growth open said Q1 FY26 Promised: We are hoping that our growth at least our growth is 25% to 30% should come easily, may be 50% should come. Q1 FY26: Target set at 25-30% growth for the future.
All 5 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 4.2%, net profit up 7.7% 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 | 138 | 145 | 157 | 148 | 158 +14% | 158 +9% | 201 +28% | 154 +4% |
| EBITDA | 8 | 8 | 4 | 8 | 8 −4% | 6 −34% | 3 −31% | 7 −14% |
| Net profit | 2 | 3 | 1 | 3 | 3 +39% | 3 +5% | 0 −64% | 4 +8% |
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 −44.4% 1Y
1Y: ₹7.21 on 10 Sept 2025 → ₹4.01. High ₹8.13 (16 Sept 2025), low ₹2.51 (30 Mar 2026).
Financials, as filed
Revenue grew 2.1% a year over 3 years, FY23 to FY26. Operating margin held at 3.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹625 Cr | ₹378 Cr | ₹556 Cr | ₹665 Cr |
| Operating profit | ₹25 Cr | ₹26 Cr | ₹26 Cr | ₹23 Cr |
| Operating margin | 3.9% | 7.0% | 4.7% | 3.5% |
| Interest | ₹23 Cr | ₹19 Cr | ₹17 Cr | ₹12 Cr |
| Depreciation | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹7 Cr | ₹8 Cr | ₹9 Cr | ₹10 Cr |
| Net margin | 1.0% | 2.2% | 1.6% | 1.6% |
| Cash from operations | ₹-40 Cr | ₹-16 Cr | ₹-5 Cr | ₹-84 Cr |
| Free cash flow | ₹-40 Cr | ₹-17 Cr | ₹-5 Cr | ₹-85 Cr |
| ROCE | 6.0% | 9.0% | 8.0% | 6.0% |
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 | ₹29 Cr | ₹98 Cr | ₹123 Cr | ₹123 Cr |
| Reserves | ₹95 Cr | ₹98 Cr | ₹141 Cr | ₹102 Cr | ₹340 Cr | ₹265 Cr |
| Borrowings | ₹119 Cr | ₹129 Cr | ₹135 Cr | ₹151 Cr | ₹265 Cr | ₹105 Cr |
| Other liabilities | ₹20 Cr | ₹42 Cr | ₹33 Cr | ₹158 Cr | ₹399 Cr | ₹144 Cr |
| Total liabilities | ₹258 Cr | ₹294 Cr | ₹337 Cr | ₹510 Cr | ₹1.1k Cr | ₹638 Cr |
| Fixed assets | ₹4 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹15 Cr | ₹3 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹30 Cr | ₹30 Cr | ₹30 Cr | ₹30 Cr | ₹0 Cr | ₹32 Cr |
| Other assets | ₹224 Cr | ₹260 Cr | ₹304 Cr | ₹477 Cr | ₹1.1k Cr | ₹604 Cr |
| Total assets | ₹258 Cr | ₹294 Cr | ₹337 Cr | ₹510 Cr | ₹1.1k Cr | ₹638 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 Jun 2026
Since Jun 2025, promoters trimmed −10.55 pp while the public added +10.35 pp. The shareholder count shrank 1% to 3,24,666.
- Promoters
- 40.9%
- FIIs
- 0.3%
- Public
- 58.9%
Since Jun 2025
- Promoters −10.55 pp
- Public +10.35 pp
- FIIs +0.19 pp
How it drifted, 12 quarters
Over this window the public went from 41.3% to 58.9% — +17.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 54.9%, FIIs 3.8%, Public 41.3%.Dec '23: Promoters 54.9%, FIIs 2.6%, Public 42.5%.Mar '24: Promoters 54.9%, FIIs 1.1%, Public 44.0%.Jun '24: Promoters 54.9%, Public 45.1%.Sep '24: Promoters 54.8%, FIIs 0.1%, Public 45.1%.Dec '24: Promoters 52.3%, FIIs 0.3%, Public 47.3%.Mar '25: Promoters 51.4%, FIIs 0.0%, Public 48.5%.Jun '25: Promoters 51.4%, FIIs 0.1%, Public 48.5%.Sep '25: Promoters 41.0%, FIIs 0.2%, DIIs 0.2%, Public 58.6%.Dec '25: Promoters 41.0%, FIIs 0.2%, Public 58.8%.Mar '26: Promoters 40.9%, FIIs 0.5%, Public 58.7%.Jun '26: Promoters 40.9%, FIIs 0.3%, Public 58.9%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Sarveshwar Foods Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rohit Gupta | 40.84% | unchanged |
| Animax Ventures Private Limited | 1.22% | unchanged |
| Late Suraj Prakash Gupta | 0.02% | unchanged |
| Late Ram Rattan Gupta | 0.00% | unchanged |
| Pooja Gupta | 0.00% | unchanged |
| Radha Rani Gupta | 0.00% | unchanged |
| Navnidhi Gupta | 0.00% | 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
AttractiveTo justify its price of ₹4, this stock must grow earnings at 32% every year for 7 years. Our analysis caps realistic growth at ~37%. At that growth it is worth ₹5 — upside of 28%.
- Growth the price implies
- 32.1% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 37.2% a year
- net profit, FY23–FY26
- The gap
- -0.1 pp
- 28% downside if it only repeats history
Learn to analyse Sarveshwar Foods Limited
Guides on how to read this kind of business and the numbers that matter.