Mishtann Foods Ltd
Incorporated in 1981 Mishtann Foods Ltd does manufacturing and processing of Rice, wheat, etc.[1]
- Market Cap ₹ 702 Cr.
- Current Price ₹ 6.51
- High / Low ₹ 18.6 / 4.28
- Stock P/E 117
- Book Value ₹ 2.69
- Dividend Yield 0.02 %
- ROCE 3.71 %
- ROE 2.36 %
- Face Value ₹ 1.00
Pros
Cons
- The company has delivered a poor sales growth of -6.27% over past five years.
- Company has a low return on equity of 12.4% over last 3 years.
- Dividend payout has been low at 0.31% of profits over last 3 years
- Company has high debtors of 378 days.
- Promoter holding has decreased over last 3 years: -5.80%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 116 | 256 | 388 | 482 | 482 | 351 | 499 | 650 | 322 | 348 | |
0 | 0 | 113 | 249 | 374 | 458 | 476 | 344 | 447 | 568 | 295 | 337 | |
Operating Profit | 0 | 0 | 2 | 7 | 13 | 23 | 6 | 7 | 52 | 83 | 27 | 12 |
OPM % | 23% | 2% | 3% | 3% | 5% | 1% | 2% | 10% | 13% | 8% | 3% | |
0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 1 | 3 | 3 | 4 | 4 | 5 | 4 | 5 | 4 | 2 |
Depreciation | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 1 | 2 | 8 | 18 | 0 | 1 | 47 | 77 | 22 | 9 |
Tax % | 40% | 30% | 44% | 32% | 33% | 0% | 28% | 34% | 35% | 36% | 35% | |
0 | 0 | 0 | 1 | 6 | 12 | 0 | 1 | 31 | 50 | 14 | 6 | |
EPS in Rs | 0.00 | 0.00 | 0.02 | 0.06 | 0.09 | 0.11 | 0.00 | 0.01 | 0.30 | 0.48 | 0.13 | 0.06 |
Dividend Payout % | 0% | 0% | 0% | 1% | 2% | 167% | 7% | 1% | 0% | 1% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 109% |
5 Years: | -6% |
3 Years: | -11% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 65% |
5 Years: | 188% |
3 Years: | -42% |
TTM: | -58% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -1% |
3 Years: | -10% |
1 Year: | -63% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 12% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 31 | 50 | 50 | 50 | 50 | 100 | 103 | 108 |
Reserves | 0 | 0 | 0 | 2 | 7 | 19 | 19 | 20 | 51 | 50 | 116 | 182 |
1 | 3 | 28 | 35 | 30 | 39 | 50 | 54 | 41 | 60 | 47 | 47 | |
0 | 0 | 7 | 4 | 9 | 6 | 15 | 4 | 19 | 48 | 48 | 48 | |
Total Liabilities | 11 | 13 | 46 | 50 | 77 | 115 | 134 | 128 | 161 | 258 | 314 | 385 |
0 | 0 | 9 | 8 | 10 | 8 | 7 | 6 | 5 | 4 | 4 | 3 | |
CWIP | 0 | 2 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
11 | 12 | 36 | 38 | 67 | 106 | 127 | 122 | 156 | 254 | 310 | 382 | |
Total Assets | 11 | 13 | 46 | 50 | 77 | 115 | 134 | 128 | 161 | 258 | 314 | 385 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-5 | -19 | -3 | -23 | -9 | 3 | -5 | -12 | -3 | -54 | -48 | ||
-2 | -9 | -5 | -0 | 0 | 0 | -0 | 0 | -0 | -0 | -0 | ||
2 | 25 | 7 | 23 | 9 | -3 | 5 | 12 | 2 | 54 | 48 | ||
Net Cash Flow | -5 | -2 | 0 | -0 | 0 | -0 | 0 | 0 | -0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 53 | 0 | 29 | 43 | 75 | 84 | 73 | 124 | 294 | 378 | |
Inventory Days | 16,724 | 45 | 54 | 33 | 32 | 20 | 42 | 33 | 18 | 31 | 3 | |
Days Payable | 1,128 | 18 | 1 | 2 | 0 | 4 | 3 | 2 | 2 | 3 | 2 | |
Cash Conversion Cycle | 15,595 | 80 | 53 | 61 | 75 | 92 | 123 | 104 | 140 | 322 | 379 | |
Working Capital Days | 8,876 | 75 | 47 | 53 | 72 | 80 | 120 | 89 | 114 | 290 | 331 | |
ROCE % | 0% | 0% | 5% | 13% | 20% | 24% | 4% | 5% | 38% | 46% | 11% | 4% |
Documents
Announcements
- Closure of Trading Window 2d
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Announcement under Regulation 30 (LODR)-Change in Directorate
2d - Re-appointment of Ms. Bhumi Gor as Independent Director for 5 years from June 29, 2025.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 26Th June, 2025
2d - Re-appointment of Ms. Bhumi Gor as Independent Director for 5 years from June 29, 2025.
-
Revised Standalone And Consolidated Audited Financial Results For The Quarter And Year Ended On 31St March, 2025
6 Jun - FY25 audited results with SEBI allegations, high trade receivables, tax demands, and qualified audit opinion.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - SEBI bans promoters, alleges Rs. 49.94 Cr rights issue diversion; penalties paid, auditor resigned, appeal pending.
Annual reports
Concalls
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Nov 2024TranscriptPPT
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Oct 2021Transcript PPT
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Jul 2019TranscriptNotesPPT
Product Portfolio
The company is involved in processing, manufacturing, and exporting various types of rice, including brown rice and aged 1121-grade basmati rice, under premium brands like Snowflake and Pristino; mid-range brands such as Jasper and Jasper Tiber; and value-for-money brands like Rozana, Shahryar, and Mahabat. Additionally, it has ventured into value-added products, including regular salt, rock salt, wheat, and pulses [1] [2] [3]
The company's total revenue grew by 158% between FY22 and FY24, primarily driven by contributions from the newly incorporated subsidiary, strong demand for various products in both domestic and international markets, and revenue from new product lines, including rock salt and crystal salt launched in FY23, as well as Himalayan pink salt launched in FY24. [4] [5] [6]