Ahmedabad ice cream maker; India's second-largest ice cream brand by volume, exporting to 45 countries.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 227 | 203 | 212 | 282 | 375 | 488 | 778 | 572 |
| Borrowings | 171 | 148 | 176 | 203 | 129 | 94 | 204 | 78 |
| Other Liabilities | 135 | 143 | 115 | 136 | 134 | 169 | 167 | 167 |
| Total Liabilities | 540 | 501 | 510 | 627 | 645 | 757 | 1.2k | 824 |
| AssetsFixed Assets | 301 | 300 | 293 | 301 | 337 | 343 | 472 | 340 |
| CWIP | 9 | 5 | 3 | 19 | 11 | 8 | 14 | 19 |
| Investments | 3 | 3 | 3 | 8 | 8 | 8 | 82 | 23 |
| Other Assets | 227 | 193 | 211 | 299 | 289 | 399 | 588 | 443 |
| Total Assets | 540 | 501 | 510 | 627 | 645 | 757 | 1.2k | 824 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 39 | 48 | 62 | -5 | 33 | 138 | 78 | 128 |
| Cash from Investing | -29 | -50 | -10 | -10 | -42 | -41 | -29 | -79 |
| Cash from Financing | -10 | 9 | -50 | 9 | 12 | -102 | -47 | -42 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 9 | -4 | 48 | -16 | -5 | 95 | 44 | 63 |
| 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.
VADILALIND · CYCLICAL_UNMODELABLE
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