Mishtann Foods Ltd
Mishtann Foods Limited processes/trades basmati and other rice, wheat, food grains, and salt. Its Indian plant at Himatnagar/Talod, Gujarat has a stated rice-processing capacity of 45 MT/hour. [1]
- Market Cap ₹ 336 Cr.
- Current Price ₹ 3.12
- High / Low ₹ 5.89 / 2.97
- Stock P/E 147
- Book Value ₹ 2.71
- Dividend Yield 0.00 %
- ROCE 1.75 %
- ROE 0.94 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.16 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -7.10% over past five years.
- Company has a low return on equity of 3.14% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 892 days.
- Promoter holding has decreased over last 3 years: -6.34%
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 116 | 256 | 388 | 482 | 482 | 351 | 499 | 650 | 322 | 348 | 243 | 190 | |
| 0 | 113 | 249 | 374 | 458 | 476 | 344 | 447 | 568 | 295 | 337 | 236 | 184 | |
| Operating Profit | 0 | 2 | 7 | 13 | 23 | 6 | 7 | 52 | 83 | 27 | 12 | 6 | 6 |
| OPM % | 23% | 2.0% | 2.8% | 3.4% | 4.8% | 1.2% | 1.9% | 10% | 13% | 8% | 3.3% | 2.6% | 2.9% |
| 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 3 | 3 | 4 | 4 | 5 | 4 | 5 | 4 | 2 | 2 | 1 |
| Depreciation | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Profit before tax | 0 | 1 | 2 | 8 | 18 | 0 | 1 | 47 | 77 | 22 | 9 | 4 | 4 |
| Tax % | 40% | 30% | 44% | 32% | 33% | 0% | 28% | 34% | 35% | 36% | 35% | 38% | |
| 0 | 0 | 1 | 6 | 12 | 0 | 1 | 31 | 50 | 14 | 6 | 3 | 2 | |
| EPS in Rs | 0.00 | 0.02 | 0.06 | 0.09 | 0.11 | 0.00 | 0.01 | 0.30 | 0.48 | 0.13 | 0.06 | 0.03 | 0.02 |
| Dividend Payout % | 0% | 0% | 0% | 1% | 2% | 167% | 7% | 1% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | -7% |
| 3 Years: | -28% |
| TTM: | -36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 30% |
| 3 Years: | -62% |
| TTM: | -60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -25% |
| 3 Years: | -38% |
| 1 Year: | -45% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 11% |
| 3 Years: | 3% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 31 | 50 | 50 | 50 | 50 | 100 | 103 | 108 | 108 |
| Reserves | 0 | 0 | 2 | 7 | 19 | 19 | 20 | 51 | 50 | 116 | 182 | 184 |
| 3 | 28 | 35 | 30 | 39 | 50 | 54 | 41 | 60 | 47 | 47 | 62 | |
| 0 | 7 | 4 | 9 | 6 | 15 | 4 | 19 | 48 | 48 | 48 | 250 | |
| Total Liabilities | 13 | 46 | 50 | 77 | 115 | 134 | 128 | 161 | 258 | 314 | 385 | 605 |
| 0 | 9 | 8 | 10 | 8 | 7 | 6 | 5 | 4 | 4 | 3 | 3 | |
| CWIP | 2 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 12 | 36 | 38 | 67 | 106 | 127 | 122 | 156 | 254 | 310 | 382 | 602 | |
| Total Assets | 13 | 46 | 50 | 77 | 115 | 134 | 128 | 161 | 258 | 314 | 385 | 605 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -5 | -19 | -3 | -23 | -9 | 3 | -5 | -12 | -3 | -54 | -65 | 10 | |
| -2 | -9 | -5 | -0 | 0 | 0 | -0 | 0 | -0 | -0 | -0 | 0 | |
| 2 | 25 | 7 | 23 | 9 | -3 | 5 | 12 | 2 | 54 | 65 | -10 | |
| Net Cash Flow | -5 | -2 | 0 | -0 | 0 | -0 | 0 | 0 | -0 | -0 | 0 | -0 |
| Free Cash Flow | -7 | -27 | -8 | -23 | -9 | 3 | -5 | -12 | -3 | -54 | -65 | 10 |
| CFO/OP | -10,920% | -796% | -37% | -152% | -14% | 48% | -73% | 8% | 29% | -169% | -534% | 182% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 53 | 0 | 29 | 43 | 75 | 84 | 73 | 124 | 294 | 378 | 892 |
| Inventory Days | 16,724 | 45 | 54 | 33 | 32 | 20 | 42 | 33 | 18 | 31 | 3 | 5 |
| Days Payable | 1,128 | 18 | 1 | 2 | 0 | 4 | 3 | 2 | 2 | 3 | 2 | 315 |
| Cash Conversion Cycle | 15,595 | 80 | 53 | 61 | 75 | 92 | 123 | 104 | 140 | 322 | 379 | 582 |
| Working Capital Days | 8,876 | 33 | 17 | 37 | 47 | 46 | 71 | 72 | 91 | 259 | 322 | 500 |
| ROCE % | 0% | 5% | 13% | 20% | 24% | 4% | 5% | 38% | 46% | 11% | 4% | 2% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Processing Capacity MT per hour |
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Extracted by Screener AI
Documents
Announcements
-
Reconstitution Of Board Commitees
- 08 Aug 2026 board approved Q1 FY27 results; noted independent director resignation, committee reconstitution, qualified auditor concerns.
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Announcement under Regulation 30 (LODR)-Change in Directorate
- Q1 FY27 results approved; independent director resigned; committees reconstituted; auditors issued qualified report.
- Un-Audited (Standalone & Consolidated) Financial Results For The Quarter Ended June 30, 2026
-
Board Meeting Outcome for Outcome Of The Meeting Of Board Held On August 08, 2026
- Q1 FY27 results approved; independent director resigned; auditor cites SEBI/GST/tax concerns and going-concern uncertainty.
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Board Meeting Intimation for Considering The Un-Audited (Standalone & Consolidated) Financial Results For The Quarter Ended June 30, 2026.
- Board meets August 8, 2026 to approve Q1 FY2026-27 standalone and consolidated results.
Annual reports
Concalls
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Nov 2024TranscriptPPT
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Oct 2021Transcript PPT
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Jul 2019TranscriptAI SummaryPPT
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 portfolio covers premium, mid-market, and value basmati/other rice, wheat, pulses, and food grains, regular and rock salt, and Himalayan pink salt.