Mishtann Foods Ltd
Incorporated in 1981 Mishtann Foods Ltd does manufacturing and processing of Rice, wheat, etc.[1]
- Market Cap ₹ 651 Cr.
- Current Price ₹ 6.04
- High / Low ₹ 17.0 / 4.28
- Stock P/E 1.88
- Book Value ₹ 8.92
- Dividend Yield 0.02 %
- ROCE 42.2 %
- ROE 44.1 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.68 times its book value
- Company's median sales growth is 98.1% of last 10 years
Cons
- Tax rate seems low
- Company has high debtors of 307 days.
- Promoter holding has decreased over last 3 years: -5.80%
- Working capital days have increased from 168 days to 256 days
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 5 | 3 | 121 | 258 | 491 | 650 | 1,288 | 1,375 | 1,382 | |
| 5 | 3 | 118 | 251 | 477 | 568 | 929 | 1,036 | 1,031 | |
| Operating Profit | 0 | 0 | 2 | 7 | 14 | 83 | 359 | 339 | 351 |
| OPM % | 0% | 2% | 2% | 3% | 3% | 13% | 28% | 25% | 25% |
| 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 1 | 3 | 3 | 5 | 4 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 2 | 2 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 0 | 1 | 2 | 8 | 77 | 354 | 337 | 349 |
| Tax % | 0% | 33% | 29% | 48% | 32% | 35% | 2% | 1% | |
| 0 | 0 | 0 | 1 | 6 | 50 | 346 | 333 | 346 | |
| EPS in Rs | 0.00 | 0.00 | 0.02 | 0.06 | 0.09 | 0.48 | 3.26 | 3.09 | 3.21 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 1% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 85% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 147% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | -16% |
| 1 Year: | -61% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 44% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 31 | 100 | 103 | 108 |
| Reserves | 0 | 0 | 0 | 2 | 7 | 50 | 448 | 853 |
| 1 | 5 | 31 | 37 | 32 | 60 | 47 | 47 | |
| 1 | 2 | 8 | 4 | 10 | 48 | 49 | 175 | |
| Total Liabilities | 12 | 17 | 49 | 53 | 81 | 258 | 646 | 1,182 |
| 0 | 0 | 10 | 10 | 11 | 4 | 4 | 3 | |
| CWIP | 0 | 3 | 1 | 3 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| 12 | 15 | 38 | 39 | 70 | 254 | 642 | 1,179 | |
| Total Assets | 12 | 17 | 49 | 53 | 81 | 258 | 646 | 1,182 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -6 | -18 | -5 | -20 | -3 | -54 | -49 | ||
| -3 | -10 | -1 | -0 | -0 | -0 | -0 | ||
| 4 | 24 | 7 | 19 | 2 | 54 | 48 | ||
| Net Cash Flow | -4 | -3 | 1 | -1 | -0 | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 94 | 53 | 1 | 23 | 124 | 168 | 307 |
| Inventory Days | 26 | 775 | 45 | 54 | 27 | 18 | 12 | 1 |
| Days Payable | 95 | 253 | 20 | 1 | 2 | 2 | 1 | 55 |
| Cash Conversion Cycle | -20 | 615 | 78 | 54 | 48 | 140 | 178 | 254 |
| Working Capital Days | -14 | 694 | 33 | 18 | 30 | 91 | 159 | 256 |
| ROCE % | 0% | 5% | 12% | 20% | 89% | 42% |
Documents
Announcements
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Appointment Of Nodal Officer For The Purpose Of IEPF
8 Aug - Q1 FY26 financial results approved; secretarial and tax auditors appointed; nodal officer designated.
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Announcement under Regulation 30 (LODR)-Change in Management
8 Aug - Q1 FY26 unaudited results approved; secretarial and tax auditors appointed; nodal officer designated.
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Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended June 30, 2025
8 Aug - Q1 FY26 financial results approved; new secretarial and tax auditors appointed; nodal officer designated.
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Board Meeting Outcome for Board Meeting Of The Company Held On 08Th August, 2025
8 Aug - Q1 FY26 financial results approved; secretarial and tax auditors appointed; nodal officer designated.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
4 Aug - Appointed H Thakkar & Co LLP as statutory auditor for five years, subject to shareholder approval.
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]