Amir Chand Jagdish Kumar (Exports) Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Rice: 98.9% • FMCG & Others: 0.8% • Other Operating Revenue: 0.3%
AI Sector View
AI GENERATEDFast Moving Consumer Goods
Rural demand proxies are mixed. Tractor sales rose 18.0% YoY (2026-07) and 2-wheelers were up 23.0% YoY (2026-06), but rural employment slowed to 1.0% YoY (2026-07), fertiliser sales were 0.0% YoY (2026-05), and food inflation of 5.52% (Jul/26) can pressure household budgets. FPI outflows remain heavy at INR -8081 crore over 3 months to 2026-08-31, limiting upside.
PROS
- Company has delivered good profit growth of 40.2% CAGR over last 5 years
- Latest quarter profit grew 1997.3% YoY, showing strong momentum
- Institutional investors have been accumulating - FII+DII up 7.3pp
- Attractively priced for its growth - PEG of 0.4
CONS
- Operating cash flow has been negative in recent years
- Promoter holding has decreased over last 2 years: -21.2pp
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.52x)
- Company has a low return on capital employed of 11.8%
- Equity base is being diluted - shares outstanding up 1803.9%
- Working capital days have increased from 54 to 139 days
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| NESTLEIND | 1384.00 | 70.03 | 266878.70 | 0.87 | 9586.80 | 1382.67 | 63781.80 | 1157.04 | 98.35 | 23.86 |
| VBL | 416.25 | 41.58 | 140795.10 | 0.36 | 1525.36 | 15.08 | 8650.57 | 20.77 | 20.73 | 27.04 |
| BRITANNIA | 4970.00 | 45.97 | 119711.54 | 1.82 | 593.38 | 14.08 | 4999.97 | 10.26 | 56.48 | 16.77 |
| JUBLFOOD | 470.40 | 71.52 | 31039.12 | 0.26 | 100.03 | 6.03 | 2569.65 | 13.66 | 25.56 | 19.77 |
| HATSUN | 1222.80 | 78.20 | 27237.66 | 0.49 | 60.58 | — | 2363.72 | 17.61 | 17.40 | 10.81 |
| MILKYMIST | 293.30 | 177.78 | 22579.51 | 0.00 | 646.79 | — | 9734.46 | — | 13.79 | 14.77 |
| ZYDUSWELL | 552.65 | 93.43 | 17583.15 | 0.22 | 118.90 | -7.04 | 1437.00 | 67.54 | 4.42 | 16.82 |
| DEVYANI | 137.95 | 0.00 | 17008.40 | 0.00 | 171.04 | 7576.84 | 15805.16 | 1064.74 | 8.98 | 16.09 |
| LTFOODS | 437.85 | 23.74 | 15204.47 | 0.69 | 183.45 | 8.87 | 3151.83 | 27.92 | 19.77 | 11.26 |
| BIKAJI | 548.50 | 53.20 | 13752.89 | 0.23 | 59.47 | 1.62 | 734.26 | 15.26 | 21.65 | 13.48 |
| MANORAMA | 2063.45 | 52.81 | 13024.99 | 0.04 | 78.66 | 67.55 | 404.01 | 39.53 | 35.00 | 26.29 |
| AEROPLANE | 205.85 | 20.63 | 2131.61 | 0.00 | 366.27 | 2940.34 | 6637.32 | 1043.69 | 15.70 | 9.33 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|
| 423 | 490 | 379 | 506 | 638 | 567 | |
| 387 | 461 | 362 | 440 | 603 | 534 | |
| Operating Profit | 37 | 29 | 17 | 65 | 35 | 33 |
| OPM % | 8.68% | 5.97% | 4.57% | 12.90% | 5.56% | 5.79% |
| 0 | 0 | 0 | -1 | 3 | 1 | |
| Interest | 20 | 23 | 21 | 24 | 19 | 14 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before Tax | 15 | 5 | 17 | 38 | 18 | 34 |
| Tax % | 26.28% | 41.37% | 25.17% | 28.62% | 28.38% | 25.20% |
| Net Profit | 11 | 3 | 13 | 27 | 13 | 25 |
| 1.38 | 0.38 | 1.59 | 3.28 | 1.49 | 2.45 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,178 | 1,287 | 1,488 | 1,222 | 1,102 | 1,004 | 1,154 | 1,345 | 1,713 | 2,030 | 2,090 | |
| 1,112 | 1,211 | 1,378 | 1,152 | 1,037 | 950 | 1,074 | 1,245 | 1,574 | 1,838 | 1,939 | |
| Operating Profit | 66 | 76 | 110 | 70 | 66 | 54 | 80 | 99 | 139 | 192 | 151 |
| OPM % | 5.60% | 5.89% | 7.37% | 5.71% | 5.95% | 5.42% | 6.89% | 7.38% | 8.10% | 9.46% | 7.22% |
| 14 | 3 | 1 | 1 | 1 | 10 | 9 | 2 | 2 | 5 | 2 | |
| Interest | 51 | 49 | 84 | 46 | 40 | 38 | 61 | 65 | 79 | 86 | 79 |
| Depreciation | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 | 6 | 7 |
| Profit before Tax | 21 | 22 | 19 | 17 | 19 | 18 | 20 | 29 | 55 | 104 | 107 |
| Tax % | 28.14% | 23.59% | 29.72% | 27.96% | 25.76% | 25.23% | 25.04% | 25.01% | 27.08% | 26.63% | 26.94% |
| Net Profit | 15 | 17 | 13 | 12 | 14 | 14 | 15 | 22 | 40 | 76 | 78 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 25.96 | 24.99 | 27.77 | 40.55 | 4.92 | 7.39 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 6%
- 5 Years:
- 13%
- 3 Years:
- 21%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 18%
- 5 Years:
- 40%
- 3 Years:
- 72%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 8%
- 5 Years:
- 9%
- 3 Years:
- 11%
- Last Year:
- 13%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 82 | 104 |
| 190 | 210 | 224 | 236 | 250 | 263 | 278 | 292 | 262 | 759 | |
| 507 | 672 | 703 | 713 | 741 | 680 | 672 | 781 | 784 | 758 | |
| Trade Payables | 29 | 45 | 50 | 113 | 29 | 81 | 69 | 39 | 61 | 59 |
| 17 | 24 | 22 | 28 | 22 | 17 | 25 | 134 | 236 | 318 | |
| Total Liabilities | 749 | 955 | 1,004 | 1,095 | 1,048 | 1,047 | 1,050 | 1,251 | 1,425 | 1,997 |
| 134 | 131 | 126 | 120 | 119 | 110 | 103 | 99 | 93 | 88 | |
| Capital Work in Progress | 3 | 4 | 3 | 7 | 2 | 2 | 2 | 2 | 2 | 2 |
| 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | |
| 425 | 651 | 670 | 723 | 737 | 642 | 627 | 794 | 928 | 1,024 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 295 | 328 | 388 | |
| Cash & Bank | 11 | 8 | 5 | 11 | 11 | 11 | 11 | 18 | 18 | 255 |
| 174 | 160 | 199 | 233 | 178 | 281 | 307 | 42 | 54 | 239 | |
| Total Assets | 749 | 955 | 1,004 | 1,095 | 1,048 | 1,047 | 1,050 | 1,251 | 1,425 | 1,997 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 104 | -118 | 13 | 44 | 8 | 77 | 74 | 1 | 92 | -166 | |
| Cash from Investing | -1 | -6 | -1 | -5 | -0 | 1 | -1 | -3 | 1 | 1 |
| Cash from Financing | -96 | 125 | -10 | -28 | -5 | -74 | -70 | 9 | -93 | 403 |
| 2 | -3 | -3 | 6 | -0 | 1 | -1 | 7 | 0 | 237 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-07 - Amir Chand Jagdish Kumar (Exports) Limited has informed the Exchange regarding Letter to Members for weblink and path of the Integrated Annual Report for the financial year 2025-26 including Notice of 23rd Annual General Meeting of the Company.
2026-09-07 - Amir Chand Jagdish Kumar (Exports) Limited has informed the Exchange about Copy of Newspaper Publication of Notice of the 23rd Annual General Meeting and e-voting information.
2026-09-07 - Amir Chand Jagdish Kumar (Exports) Limited has informed the Exchange regarding Integrated Annual Report for the financial year 2025-26 and Notice of the 23rd Annual General Meeting of the Company.
2026-09-04 - Amir Chand Jagdish Kumar (Exports) Limited has informed the Exchange regarding Change in Auditors of the company.
2026-08-28 - The Exchange has sought clarification from Amir Chand Jagdish Kumar (Exports) Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: The response of the Company is awaited.
2026-08-14 - Pursuant to the regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and regulation 41(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed the Monitoring Agency Report for the quarter ended June 30, 2026, issued by Care Ratings Limited, Monitoring Agency, appointed to monitor the utilization of proceeds of the public issue of the Company.
2026-08-11 - Amir Chand Jagdish Kumar (Exports) Limited has informed the Exchange about Cancellation of investor meet
2026-08-07 - Amir Chand Jagdish Kumar (Exports) Limited has informed the Exchange about Investor Presentation
2026-08-07 - Amir Chand Jagdish Kumar (Exports) Limited has informed the Exchange about schedule of Analyst/Institutional Investor meet
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