Krishival Foods Ltd.

405.653.07%

2026-08-21

krishival.comBSE: 544416NSE: KRISHIVAL
Market Cap₹ 937 Cr.
Current Price₹ 394
High / Low₹ 482 / 282
Stock P/E42.6
Book Value₹ 78
Price to Book3.80
Dividend Yield0.10 %
ROCE15.2 %
ROE10.5 %
Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Nuts & Dry fruits: 85.5% • Ice Creams: 14.5%

PROS

  • Company is almost debt free
  • Company has delivered good sales growth of 35.7% CAGR over last 5 years
  • Latest quarter profit grew 27.2% YoY, showing strong momentum
  • Company has consistently been profitable over the last 5 years
  • Working capital cycle has improved - days down from 372 to 158
  • Company comfortably covers its interest (17.0x coverage)

CONS

  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.46x)
  • Operating cash flow has been negative in recent years
  • Total debt has risen sharply - up 101.4% year on year
  • Equity base is being diluted - shares outstanding up 12.6%
  • Operating margins have contracted to 10.5% from 14.3%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.NESTLEIND1469.9074.37283442.920.829586.801382.6763781.801157.0498.3523.86
2.VBL432.7543.23146376.170.351525.3615.088650.5720.7720.7327.04
3.BRITANNIA5410.0050.04130309.751.67593.3814.084999.9710.2656.4816.77
4.JUBLFOOD495.9075.4032721.720.24100.036.032569.6513.6625.5619.77
5.HATSUN931.7559.5820754.571.7260.582363.7217.6114.6010.81
6.DEVYANI142.850.0017612.540.00171.047576.8415805.161064.748.9816.09
7.ZYDUSWELL492.9583.3415683.730.24118.90-7.041437.0067.544.4216.82
8.MILKYMIST199.55120.9515362.230.0013.79
9.BIKAJI609.2559.0915276.120.2159.471.62734.2615.2621.6513.48
10.LTFOODS429.9023.3114928.400.70183.458.873151.8327.9221.4211.26
11.MANORAMA1924.7049.2612149.170.0478.6667.55404.0139.5319.7026.29
12.KRISHIVAL365.7542.60937.360.1056.031171.96889.611696.4715.1911.78
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022
12
11
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
1
Tax %
23.18%
Net Profit
0
1
Equity Capital
20
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
20
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
29
24
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
1
5
Tax %
26.05%
Net Profit
0
2
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
45
39
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
1
7
Tax %
26.05%
Net Profit
0
2
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
55
52
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
1
2
Tax %
96.18%
Net Profit
0
0
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
74
67
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
2
7
Tax %
25.18%
Net Profit
0
2
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
50
44
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
1
6
Tax %
24.79%
Net Profit
4
2
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
67
59
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
1
7
Tax %
21.83%
Net Profit
6
3
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
74
65
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
2
8
Tax %
22.68%
Net Profit
6
3
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
22
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
102
97
Operating Profit
OPM %
Other Income
5
Interest
1
Depreciation
3
7
Tax %
20.06%
Net Profit
6
2
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
89
83
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
3
7
Tax %
21.39%
Net Profit
6
0
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
23
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019
50
47
Operating Profit
4
OPM %
8
Other Income
0
Interest
1
Depreciation
2
1
Tax %
38
Net Profit
1
EPS
0
Dividend Payout %
39
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2020
44
40
Operating Profit
4
OPM %
9
Other Income
1
Interest
1
Depreciation
2
1
Tax %
26
Net Profit
1
EPS
1
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2021
28
25
Operating Profit
4
OPM %
13
Other Income
0
Interest
1
Depreciation
2
1
Tax %
35
Net Profit
1
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2022
52
45
Operating Profit
7
OPM %
14
Other Income
0
Interest
2
Depreciation
1
4
Tax %
24
Net Profit
3
EPS
2
Dividend Payout %
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Mar 2023
70
60
Operating Profit
12
OPM %
16
Other Income
1
Interest
1
Depreciation
1
9
Tax %
27
Net Profit
7
EPS
3
Dividend Payout %
5
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Mar 2024
103
89
Operating Profit
15
OPM %
15
Other Income
2
Interest
1
Depreciation
2
12
Tax %
23
Net Profit
9
EPS
4
Dividend Payout %
5
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2025
202
181
Operating Profit
25
OPM %
13
Other Income
4
Interest
1
Depreciation
4
20
Tax %
31
Net Profit
14
EPS
6
Dividend Payout %
4
Minority Interest
-0
Share of Associates
0
Adjusted EPS
6
Minority Interest
-0
Share of Associates
0
Adjusted EPS
6
TTM
332
304
Operating Profit
OPM %
Other Income
11
Interest
4
Depreciation
9
30
Tax %
22
Net Profit
23
EPS
Dividend Payout %
Minority Interest
1
Share of Associates
0
Adjusted EPS
Minority Interest
1
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
36%
3 Years:
57%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
70%
3 Years:
60%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
17%
1 Year:
5%

RETURN ON EQUITY

10 Years:
5 Years:
10%
3 Years:
12%
Last Year:
11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2025

Sep 18

₹ 0.02

2024

Sep 6

₹ 0.02

2023

Jul 14

₹ 0.01

2026

May 4

₹ 0.03

Rs.0.3500 per share(3.5%)Final Dividend

Mar 2019
Equity Capital
15
3
0
Trade Payables
6
10
Total Liabilities
33
16
Capital Work in Progress
0
1
7
0
Cash & Bank
0
9
Total Assets
33
Total Debt
9
Net Working Capital
9
Contingent Liabilities
0
Book Value per Share
11.84
Face Value
10.00
Total Debt
9
Net Working Capital
9
Contingent Liabilities
0
Book Value per Share
11.84
Face Value
10.00
Mar 2020
Equity Capital
15
5
0
Trade Payables
1
11
Total Liabilities
32
15
Capital Work in Progress
0
0
8
0
Cash & Bank
0
8
Total Assets
32
Total Debt
11
Net Working Capital
14
Contingent Liabilities
0
Book Value per Share
13.32
Face Value
10.00
Total Debt
11
Net Working Capital
14
Contingent Liabilities
0
Book Value per Share
13.32
Face Value
10.00
Mar 2021
Equity Capital
15
5
4
Trade Payables
2
10
Total Liabilities
36
14
Capital Work in Progress
0
1
9
0
Cash & Bank
1
11
Total Assets
36
Total Debt
13
Net Working Capital
14
Contingent Liabilities
0
Book Value per Share
13.36
Face Value
10.00
Total Debt
13
Net Working Capital
14
Contingent Liabilities
0
Book Value per Share
13.36
Face Value
10.00
Mar 2022
Equity Capital
20
22
3
Trade Payables
1
9
Total Liabilities
54
13
Capital Work in Progress
0
1
11
0
Cash & Bank
21
8
Total Assets
54
Total Debt
11
Net Working Capital
36
Contingent Liabilities
0
Book Value per Share
21.29
Face Value
10.00
Total Debt
11
Net Working Capital
36
Contingent Liabilities
0
Book Value per Share
21.29
Face Value
10.00
Mar 2023
Equity Capital
20
29
3
Trade Payables
1
23
Total Liabilities
76
15
Capital Work in Progress
0
1
25
0
Cash & Bank
3
33
Total Assets
76
Total Debt
10
Net Working Capital
56
Contingent Liabilities
1
Book Value per Share
24.56
Face Value
10.00
Total Debt
10
Net Working Capital
56
Contingent Liabilities
1
Book Value per Share
24.56
Face Value
10.00
Mar 2024
Equity Capital
22
100
0
Trade Payables
3
7
Total Liabilities
132
23
Capital Work in Progress
0
1
69
11
Cash & Bank
6
23
Total Assets
132
Total Debt
6
Net Working Capital
104
Contingent Liabilities
1
Book Value per Share
54.72
Face Value
10.00
Total Debt
6
Net Working Capital
104
Contingent Liabilities
1
Book Value per Share
54.72
Face Value
10.00
Mar 2025
Equity Capital
22
113
1
Trade Payables
7
29
Total Liabilities
173
34
Capital Work in Progress
2
1
37
23
Cash & Bank
15
61
Total Assets
173
Total Debt
13
Net Working Capital
88
Contingent Liabilities
10
Book Value per Share
60.59
Face Value
10.00
Total Debt
13
Net Working Capital
88
Contingent Liabilities
10
Book Value per Share
60.59
Face Value
10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019
-0
Cash from Investing
1
Cash from Financing
-3
-2
Free Cash Flow
-0
OCF / Net Profit
-0.23
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.23
Cumulative 5-Year FCF
0
Mar 2020
3
Cash from Investing
-0
Cash from Financing
-3
-0
Free Cash Flow
2
OCF / Net Profit
2.97
Cumulative 5-Year FCF
0
OCF / Net Profit
2.97
Cumulative 5-Year FCF
0
Mar 2021
4
Cash from Investing
-1
Cash from Financing
-2
1
Free Cash Flow
3
OCF / Net Profit
5.60
Cumulative 5-Year FCF
0
OCF / Net Profit
5.60
Cumulative 5-Year FCF
0
Mar 2022
4
Cash from Investing
-1
Cash from Financing
16
20
Free Cash Flow
4
OCF / Net Profit
1.34
Cumulative 5-Year FCF
0
OCF / Net Profit
1.34
Cumulative 5-Year FCF
0
Mar 2023
-29
Cash from Investing
-2
Cash from Financing
13
-18
Free Cash Flow
-32
OCF / Net Profit
-4.37
Cumulative 5-Year FCF
0
OCF / Net Profit
-4.37
Cumulative 5-Year FCF
0
Mar 2024
-31
Cash from Investing
-10
Cash from Financing
44
3
Free Cash Flow
-41
OCF / Net Profit
-3.29
Cumulative 5-Year FCF
-63
OCF / Net Profit
-3.29
Cumulative 5-Year FCF
-63
Mar 2025
46
Cash from Investing
-29
Cash from Financing
-9
8
Free Cash Flow
27
OCF / Net Profit
3.42
Cumulative 5-Year FCF
-39
OCF / Net Profit
3.42
Cumulative 5-Year FCF
-39

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019
EPS (₹)
0.45
Book Value (₹)
11.84
Dividend per Share (₹)
0.17
Cash EPS (₹)
1.63
Operating Margin %
7.54%
Net Margin %
1.30%
ROE %
3.77%
ROCE %
7.41%
1.97%
Debtor Days
56
Inventory Days
49
Payable Days
61
44
Debt to Equity (x)
0.51x
Interest Coverage (x)
2.21x
2.41x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2020
EPS (₹)
0.66
Book Value (₹)
13.32
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.80
Operating Margin %
9.39%
Net Margin %
2.18%
ROE %
5.22%
ROCE %
8.32%
2.93%
Debtor Days
42
Inventory Days
62
Payable Days
48
57
Debt to Equity (x)
0.55x
Interest Coverage (x)
2.25x
7.29x
Revenue Growth %
-12.06%
Operating Profit Growth %
9.45%
Net Profit Growth %
47.19%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2021
EPS (₹)
0.46
Book Value (₹)
13.36
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.53
Operating Margin %
13.01%
Net Margin %
2.37%
ROE %
3.44%
ROCE %
6.30%
1.95%
Debtor Days
20
Inventory Days
109
Payable Days
35
94
Debt to Equity (x)
0.69x
Interest Coverage (x)
2.07x
3.06x
Revenue Growth %
-35.99%
Operating Profit Growth %
-11.33%
Net Profit Growth %
-30.20%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
1.68
Book Value (₹)
21.29
Dividend per Share (₹)
0.05
Cash EPS (₹)
2.29
Operating Margin %
14.27%
Net Margin %
6.41%
ROE %
10.78%
ROCE %
13.87%
7.36%
Debtor Days
4
Inventory Days
70
Payable Days
14
59
Debt to Equity (x)
0.25x
Interest Coverage (x)
3.75x
10.17x
Revenue Growth %
84.03%
Operating Profit Growth %
101.91%
Net Profit Growth %
397.35%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
3.37
Book Value (₹)
24.56
Dividend per Share (₹)
0.16
Cash EPS (₹)
3.87
Operating Margin %
16.46%
Net Margin %
9.51%
ROE %
14.68%
ROCE %
15.93%
10.21%
Debtor Days
12
Inventory Days
95
Payable Days
6
101
Debt to Equity (x)
0.20x
Interest Coverage (x)
10.10x
12.85x
Revenue Growth %
35.27%
Operating Profit Growth %
56.06%
Net Profit Growth %
100.75%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
4.19
Book Value (₹)
54.72
Dividend per Share (₹)
0.20
Cash EPS (₹)
4.85
Operating Margin %
12.79%
Net Margin %
9.12%
ROE %
10.96%
ROCE %
13.01%
8.98%
Debtor Days
28
Inventory Days
167
Payable Days
10
185
Debt to Equity (x)
0.05x
Interest Coverage (x)
12.99x
28.60x
Revenue Growth %
46.51%
Operating Profit Growth %
32.01%
Net Profit Growth %
40.37%
24.63%
P/E (x)
59.84x
P/B (x)
4.59x
Dividend Yield %
0.08%
36.78x
Mar 2025
EPS (₹)
6.07
Book Value (₹)
60.59
Dividend per Share (₹)
0.24
Cash EPS (₹)
7.62
Operating Margin %
10.50%
Net Margin %
6.70%
ROE %
10.54%
ROCE %
15.19%
8.89%
Debtor Days
31
Inventory Days
96
Payable Days
13
113
Debt to Equity (x)
0.09x
Interest Coverage (x)
16.99x
5.54x
Revenue Growth %
97.10%
Operating Profit Growth %
66.29%
Net Profit Growth %
44.83%
44.80%
P/E (x)
37.87x
P/B (x)
3.80x
Dividend Yield %
0.10%
20.18x

Shareholding Pattern

Numbers in percentages

TRADES
Sep 2023
37.19
11.55
0.00
0.00
51.27
Mar 2024
37.19
11.55
0.00
0.00
51.27
Sep 2024
37.19
11.81
0.00
0.00
51.01
Mar 2025
37.20
10.13
0.00
0.00
50.99
Jun 2025
37.21
0.89
0.00
0.00
50.98
Sep 2025
37.21
0.89
0.00
10.92
50.98
Dec 2025
37.21
0.90
0.00
10.92
50.97
Mar 2026
37.23
0.54
1.33
9.50
51.41
Jun 2026
37.23
0.47
1.45
9.50
51.35

Documents

Announcements

  • General Updates

    2026-08-18 - Krishival Foods Limited has informed the Exchange about Listing of Equity Shares pursuant to Rights Issue

  • General Updates

    2026-08-18 - Krishival Foods Limited has informed the Exchange about Update on conversion of partly paid-up equity shares into fully paid-up equity shares, upon receipt of First and Final Call

Credit Ratings

Nothing filed yet.

Concalls

  • Aug 2026

    TranscriptPPTREC
  • May 2026

    TranscriptPPTREC
  • Feb 2026

    TranscriptPPTREC