Mishtann Foods Ltd
Incorporated in 1981 Mishtann Foods Ltd does manufacturing and processing of Rice, wheat, etc.[1]
- Market Cap ₹ 549 Cr.
- Current Price ₹ 5.09
- High / Low ₹ 15.9 / 4.28
- Stock P/E 1.64
- Book Value ₹ 10.9
- Dividend Yield 0.00 %
- ROCE 42.2 %
- ROE 44.1 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.47 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 | 1,427 | |
| 5 | 3 | 118 | 251 | 477 | 568 | 929 | 1,036 | 1,087 | |
| Operating Profit | 0 | 0 | 2 | 7 | 14 | 83 | 359 | 339 | 339 |
| OPM % | 0% | 2% | 2% | 3% | 3% | 13% | 28% | 25% | 24% |
| 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 | 337 |
| Tax % | 0% | 33% | 29% | 48% | 32% | 35% | 2% | 1% | |
| 0 | 0 | 0 | 1 | 6 | 50 | 346 | 333 | 335 | |
| EPS in Rs | 0.00 | 0.00 | 0.02 | 0.06 | 0.09 | 0.48 | 3.26 | 3.09 | 3.11 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 1% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 85% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 147% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | -17% |
| 1 Year: | -63% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 31 | 100 | 103 | 108 | 108 |
| Reserves | 0 | 0 | 0 | 2 | 7 | 50 | 448 | 853 | 1,062 |
| 1 | 5 | 31 | 37 | 32 | 60 | 47 | 47 | 46 | |
| 1 | 2 | 8 | 4 | 10 | 48 | 49 | 175 | 667 | |
| Total Liabilities | 12 | 17 | 49 | 53 | 81 | 258 | 646 | 1,182 | 1,883 |
| 0 | 0 | 10 | 10 | 11 | 4 | 4 | 3 | 3 | |
| CWIP | 0 | 3 | 1 | 3 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| 12 | 15 | 38 | 39 | 70 | 254 | 642 | 1,179 | 1,880 | |
| Total Assets | 12 | 17 | 49 | 53 | 81 | 258 | 646 | 1,182 | 1,883 |
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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Announcement under Regulation 30 (LODR)-Newspaper Publication
6h - Newspaper Publication for the Un-Audited Standalone and Consolidated financial results for the quarter and half year September 30, 2025.
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Announcement under Regulation 30 (LODR)-Change in Directorate
1d - Board approved Q2/H1 results to Sep 30, 2025; consolidated Q2 revenue Rs386.48cr, PBT Rs95.95cr; limited review qualified.
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Announcement under Regulation 30 (LODR)-Change in Management
1d - Q2/H1 results approved (Consol H1 revenue Rs77,256.97L; H1 net profit Rs17,810.90L); auditor and director appointed.
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Results-Financial Results For Quarter And Half Year Ended September 30, 2025
1d - Approved Q2/H1 results to Sept 30, 2025; Consolidated H1 profit Rs17,810.90 lakh; auditor qualified; two appointments.
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Board Meeting Outcome for Outcome Of The Meeting Of The Board Of The Company Held On Wednesday, 12Th November, 2025
1d - Approved Q2/H1 results ended 30 Sep 2025: consolidated H1 revenue ₹77,256.97L, H1 PAT ₹17,810.90L; auditor qualified.
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]