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Market Cap


Last Updated

2021/04/13 12:04 UTC

Data Sources

Company Financials

Executive Summary

ADF Foods Limited manufactures and sells various food products. More Details

Snowflake Analysis

Outstanding track record with flawless balance sheet.

Share Price & News

How has ADF Foods's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: 519183 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 519183's weekly volatility (6%) has been stable over the past year.

Market Performance

7 Day Return




IN Food


IN Market

1 Year Return




IN Food


IN Market

Return vs Industry: 519183 exceeded the Indian Food industry which returned 37.9% over the past year.

Return vs Market: 519183 exceeded the Indian Market which returned 72.2% over the past year.

Shareholder returns

7 Day-3.9%0.3%-2.1%
30 Day-1.9%3.2%-3.2%
90 Day45.4%0.5%2.2%
1 Year346.3%346.3%39.0%36.7%70.5%67.9%
3 Year270.1%266.4%42.7%37.6%23.6%17.4%
5 Year989.5%966.1%170.0%155.6%80.3%66.4%

Long-Term Price Volatility Vs. Market

How volatile is ADF Foods's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is ADF Foods undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 519183 (₹889.85) is trading above our estimate of fair value (₹241.34)

Significantly Below Fair Value: 519183 is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: 519183 is poor value based on its PE Ratio (36.8x) compared to the IN Food industry average (16.2x).

PE vs Market: 519183 is poor value based on its PE Ratio (36.8x) compared to the Indian market (18.8x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 519183's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: 519183 is overvalued based on its PB Ratio (7.8x) compared to the IN Food industry average (1.3x).

Future Growth

How is ADF Foods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ADF Foods has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has ADF Foods performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 519183 has high quality earnings.

Growing Profit Margin: 519183's current net profit margins (14.4%) are higher than last year (12.7%).

Past Earnings Growth Analysis

Earnings Trend: 519183's earnings have grown significantly by 37.3% per year over the past 5 years.

Accelerating Growth: 519183's earnings growth over the past year (47.9%) exceeds its 5-year average (37.3% per year).

Earnings vs Industry: 519183 earnings growth over the past year (47.9%) exceeded the Food industry 19.1%.

Return on Equity

High ROE: 519183's Return on Equity (21.3%) is considered high.

Financial Health

How is ADF Foods's financial position?

Financial Position Analysis

Short Term Liabilities: 519183's short term assets (₹1.9B) exceed its short term liabilities (₹470.0M).

Long Term Liabilities: 519183's short term assets (₹1.9B) exceed its long term liabilities (₹83.0M).

Debt to Equity History and Analysis

Debt Level: 519183's debt to equity ratio (5.3%) is considered satisfactory.

Reducing Debt: 519183's debt to equity ratio has reduced from 9.7% to 5.3% over the past 5 years.

Debt Coverage: 519183's debt is well covered by operating cash flow (310.2%).

Interest Coverage: 519183 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet


What is ADF Foods's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 519183's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.42%).

High Dividend: 519183's dividend (0.34%) is low compared to the top 25% of dividend payers in the Indian market (1.81%).

Stability and Growth of Payments

Stable Dividend: 519183's dividend payments have been volatile in the past 10 years.

Growing Dividend: 519183's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.2%), 519183's dividend payments are thoroughly covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Bimal Thakkar (55 yo)





Mr. Bimal Ramesh Thakkar, B.Com., Diploma (Export) has been an Executive Chairman of ADF Foods Limited since June 5, 2018. Mr. Thakkar has also been Managing Director of ADF Foods Limited since June 5, 201...

CEO Compensation Analysis

Compensation vs Market: Bimal's total compensation ($USD429.12K) is above average for companies of similar size in the Indian market ($USD257.22K).

Compensation vs Earnings: Bimal's compensation has increased by more than 20% in the past year.

Leadership Team

Experienced Management: 519183's management team is considered experienced (2.5 years average tenure).

Board Members

Experienced Board: 519183's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: 519183 insiders have only sold shares in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

ADF Foods Limited's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: ADF Foods Limited
  • Ticker: 519183
  • Exchange: BSE
  • Founded: 1932
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹17.817b
  • Shares outstanding: 20.02m
  • Website:

Number of Employees


  • ADF Foods Limited
  • Marathon Innova B2 - G01
  • Ground Floor
  • Mumbai
  • Maharashtra
  • 400013
  • India



ADF Foods Limited manufactures and sells various food products. It offers a range of products, including ready-to-eat food, ready-to-cook food, frozen food, frozen vegetables, and meal accomplishments, suc...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/13 12:04
End of Day Share Price2021/04/13 00:00
Annual Earnings2020/03/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.