Mishtann Foods Ltd
Incorporated in 1981 Mishtann Foods Ltd does manufacturing and processing of Rice, wheat, etc.[1]
- Market Cap ₹ 413 Cr.
- Current Price ₹ 3.83
- High / Low ₹ 7.79 / 2.97
- Stock P/E 151
- Book Value ₹ 2.71
- Dividend Yield 0.00 %
- ROCE 1.75 %
- ROE 0.94 %
- Face Value ₹ 1.00
Pros
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: -6.29%
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 116 | 256 | 388 | 482 | 482 | 351 | 499 | 650 | 322 | 348 | 243 | |
| 0 | 113 | 249 | 374 | 458 | 476 | 344 | 447 | 568 | 295 | 337 | 236 | |
| Operating Profit | 0 | 2 | 7 | 13 | 23 | 6 | 7 | 52 | 83 | 27 | 12 | 6 |
| OPM % | 23% | 2% | 3% | 3% | 5% | 1% | 2% | 10% | 13% | 8% | 3% | 3% |
| 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 |
| Depreciation | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 |
| Profit before tax | 0 | 1 | 2 | 8 | 18 | 0 | 1 | 47 | 77 | 22 | 9 | 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 | |
| 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 |
| 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: | -30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 30% |
| 3 Years: | -62% |
| TTM: | -54% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | -23% |
| 1 Year: | -24% |
| 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| Sep 2021 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Retailer Presence Number |
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| Rice Processing Capacity MT per hour |
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| States Presence in India Number |
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| Number of Super Stockists Number |
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| Contract Farmers Number |
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| Indirect Procurement Farmers Number |
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| Rice Processing Capacity Utilization MT per hour |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - The Newspaper Publication for the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026 has been attached herewith.
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Announcement under Regulation 30 (LODR)-Change in Management
30 May - Board approved FY26 audited results on May 30, 2026; appointed internal and tax auditors.
- Financial Results - Audited (Standalone & Consolidated) Financial Results For The Quarter And Year Ended March 31, 2026 30 May
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Board Meeting Outcome for Outcome Of The Meeting Of Board Held On May 30, 2026
30 May - Mishtann Foods approved FY26 audited results and auditor appointments; audit report cites SEBI, GST and tax issues.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Submitted Annual Secretarial Compliance Report for FY ended 31 March 2026.
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 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]