Mishtann Foods Ltd
Incorporated in 1981 Mishtann Foods Ltd does manufacturing and processing of Rice, wheat, etc.[1]
- Market Cap ₹ 422 Cr.
- Current Price ₹ 3.92
- High / Low ₹ 7.79 / 2.97
- Stock P/E 1.60
- Book Value ₹ 12.1
- Dividend Yield 0.00 %
- ROCE 22.5 %
- ROE 23.3 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.32 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.2%
- Company's median sales growth is 90.3% of last 10 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has high debtors of 719 days.
- Promoter holding has decreased over last 3 years: -6.29%
- Working capital days have increased from 281 days to 425 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 5 | 3 | 121 | 258 | 491 | 650 | 1,288 | 1,375 | 1,153 | |
| 5 | 3 | 118 | 251 | 477 | 568 | 929 | 1,036 | 886 | |
| Operating Profit | 0 | 0 | 2 | 7 | 14 | 83 | 359 | 339 | 267 |
| OPM % | 0% | 2% | 2% | 3% | 3% | 13% | 28% | 25% | 23% |
| 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 | 0 |
| Profit before tax | 0 | 0 | 1 | 2 | 8 | 77 | 354 | 337 | 265 |
| Tax % | 0% | 33% | 29% | 48% | 32% | 35% | 2% | 1% | 1% |
| 0 | 0 | 0 | 1 | 6 | 50 | 346 | 333 | 263 | |
| EPS in Rs | 0.00 | 0.00 | 0.02 | 0.06 | 0.09 | 0.48 | 3.26 | 3.09 | 2.44 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 1% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | % |
| 3 Years: | 21% |
| TTM: | -16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 91% |
| 5 Years: | % |
| 3 Years: | 74% |
| TTM: | -21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | -26% |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| Last Year: | 23% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 31 | 100 | 103 | 108 | 108 |
| Reserves | 0 | 0 | 0 | 2 | 7 | 50 | 448 | 853 | 1,193 |
| 1 | 5 | 31 | 37 | 32 | 60 | 47 | 47 | 62 | |
| 1 | 2 | 8 | 4 | 10 | 48 | 49 | 175 | 921 | |
| Total Liabilities | 12 | 17 | 49 | 53 | 81 | 258 | 646 | 1,182 | 2,284 |
| 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 | 2,281 | |
| Total Assets | 12 | 17 | 49 | 53 | 81 | 258 | 646 | 1,182 | 2,284 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| -6 | -18 | -5 | -20 | -3 | -54 | -73 | -66 | ||
| -3 | -10 | -1 | -0 | -0 | -0 | -0 | 0 | ||
| 4 | 24 | 7 | 19 | 2 | 54 | 77 | 65 | ||
| Net Cash Flow | -4 | -3 | 1 | -1 | -0 | 0 | 3 | -0 | |
| Free Cash Flow | -9 | -27 | -6 | -20 | -3 | -54 | -73 | -66 | |
| CFO/OP | -9,683% | -717% | -70% | -136% | 29% | -13% | -22% | -24% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 94 | 53 | 1 | 23 | 124 | 168 | 307 | 719 |
| Inventory Days | 26 | 775 | 45 | 54 | 27 | 18 | 12 | 1 | 1 |
| Days Payable | 95 | 253 | 20 | 1 | 2 | 2 | 1 | 55 | 431 |
| Cash Conversion Cycle | -20 | 615 | 78 | 54 | 48 | 140 | 178 | 254 | 290 |
| Working Capital Days | -14 | 694 | 33 | 18 | 30 | 91 | 159 | 261 | 425 |
| ROCE % | 0% | 5% | 12% | 20% | 89% | 42% | 22% |
Insights
In beta| Sep 2021 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Retailer Presence Number |
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| Rice Processing Capacity MT per hour ・Standalone data |
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| States Presence in India Number ・Standalone data |
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| Number of Super Stockists Number ・Standalone data |
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| Contract Farmers Number ・Standalone data |
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| Indirect Procurement Farmers Number ・Standalone data |
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| Rice Processing Capacity Utilization MT per hour ・Standalone data |
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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]