Dindigul Farm Product Ltd
₹ 11.5
-4.58%
09 Mar
- close price
About
Incorporated in 2010, Dindigul Farm Product Ltd is in the business of Processing of Milk and Production of Milk Product.[1]
Key Points
- Market Cap ₹ 28.0 Cr.
- Current Price ₹ 11.5
- High / Low ₹ 32.1 / 11.0
- Stock P/E
- Book Value ₹ 14.8
- Dividend Yield 0.00 %
- ROCE -3.73 %
- ROE -24.6 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.78 times its book value
Cons
- Company has low interest coverage ratio.
- Working capital days have increased from 61.0 days to 167 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 52.03 | 17.63 | 28.32 | 81.58 | 85.53 | 62.05 | 67.62 | |
| 49.43 | 18.47 | 29.84 | 72.30 | 72.58 | 62.55 | 68.72 | |
| Operating Profit | 2.60 | -0.84 | -1.52 | 9.28 | 12.95 | -0.50 | -1.10 |
| OPM % | 5.00% | -4.76% | -5.37% | 11.38% | 15.14% | -0.81% | -1.63% |
| 0.16 | 0.78 | 1.86 | 0.42 | 0.03 | 0.78 | 0.84 | |
| Interest | 1.99 | 2.20 | 2.47 | 2.59 | 3.19 | 2.89 | 2.76 |
| Depreciation | 2.47 | 2.36 | 2.03 | 1.94 | 2.13 | 1.87 | 2.57 |
| Profit before tax | -1.70 | -4.62 | -4.16 | 5.17 | 7.66 | -4.48 | -5.59 |
| Tax % | 11.76% | 0.00% | 0.00% | 0.00% | -14.10% | 25.22% | |
| -1.89 | -4.62 | -4.17 | 5.17 | 8.74 | -5.61 | -6.72 | |
| EPS in Rs | -13.14 | -32.12 | -28.99 | 35.95 | 4.86 | -2.30 | -2.75 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 30% |
| TTM: | -27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| TTM: | -164% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -59% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -25% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 14.38 | 14.38 | 14.38 | 14.38 | 17.98 | 24.43 | 24.43 |
| Reserves | -27.20 | -31.81 | -36.01 | -30.77 | -7.64 | 10.78 | 11.69 |
| 27.31 | 27.16 | 25.80 | 23.99 | 21.86 | 17.92 | 19.56 | |
| 15.99 | 20.22 | 20.80 | 21.39 | 24.75 | 11.42 | 11.23 | |
| Total Liabilities | 30.48 | 29.95 | 24.97 | 28.99 | 56.95 | 64.55 | 66.91 |
| 15.68 | 14.00 | 11.96 | 12.78 | 11.48 | 14.46 | 19.31 | |
| CWIP | 0.00 | 0.00 | 0.12 | 0.00 | 0.57 | 7.30 | 4.81 |
| Investments | 0.56 | 0.58 | 0.15 | 0.22 | 0.22 | 0.25 | 0.25 |
| 14.24 | 15.37 | 12.74 | 15.99 | 44.68 | 42.54 | 42.54 | |
| Total Assets | 30.48 | 29.95 | 24.97 | 28.99 | 56.95 | 64.55 | 66.91 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 3.59 | 3.06 | 0.98 | 6.30 | -7.52 | -12.43 | |
| -5.41 | -0.73 | 2.29 | -2.63 | -1.59 | -11.19 | |
| 2.53 | -2.34 | -3.83 | -3.66 | 9.09 | 23.61 | |
| Net Cash Flow | 0.70 | -0.01 | -0.56 | 0.02 | -0.03 | 0.00 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 27.15 | 62.52 | 45.37 | 7.87 | 11.14 | 22.53 |
| Inventory Days | 62.88 | 226.74 | 83.18 | 56.69 | 101.01 | 63.93 |
| Days Payable | 126.33 | 607.10 | 339.23 | 123.45 | 155.61 | 85.65 |
| Cash Conversion Cycle | -36.30 | -317.84 | -210.69 | -58.89 | -43.47 | 0.81 |
| Working Capital Days | -20.84 | -244.51 | -190.23 | -45.59 | 61.24 | 167.47 |
| ROCE % | -19.98% | -49.21% | 131.86% | 54.52% | -3.73% |
Insights
In beta| Mar 1999 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Milk Processing Capacity LPD |
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| Trade Receivable Turnover Ratio Ratio |
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| Estimated Farmer Network Size (Lower Bound) Number |
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| Estimated Farmer Network Size (Upper Bound) Number |
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| Net Capital Turnover Ratio Ratio |
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| Trade Payables Turnover Ratio Ratio |
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| Village Level Collection Centers Number |
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Documents
Announcements
-
Clarification On Price Movement
17 Feb - Dindigul Farm Product: Feb 17, 2026 — says share price movement market-driven; no undisclosed price-sensitive information.
-
Clarification sought from Dindigul Farm Product Ltd
16 Feb - Exchange has sought clarification from Dindigul Farm Product Ltd on February 16, 2026 with reference to significant movement in price, in order to ensure that …
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jan - Certificate under Reg.74(5) confirming dematerialisation processing for quarter ended 31-Dec-2025.
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Submission Of Statement Of Deviation For The Half Year Ended 30Th September 2025
12 Nov 2025 - IPO proceeds Rs3,163.00 lakhs; half-year ended 30-Sep-2025 reports no fund deviation.
- Unaudited Financials Results For The Half Year Ended September 30, 2025 12 Nov 2025
Business Overview:[1][2][3]
a) DFPL is engaged in the business of manufacturing Dairy Ingredients from 99.98% Free Range Grass Grazed Cow Milk, under the
brand EnNutrica.
b) The procurement of Milk is done from
150 Village Level Collections Centers with
40 to 70 Farmes per Village Collection Center supplying at the volume of 10 to 25 Liters From Micro Farmers and 30 to 40 Liters Per Associated Farms.
c) The milk is also procured from Third Party Supplying Milk in Bulk
d) The proteins are supplied to businesses in name of Formula 7+, Formula 8 and Formula 8+
e) The protein products are also available directly via the ActivDay retail packs. The retail Version of the Proteins are named PRIME, CHOCO, Premium and JUNIOR.
f) It is focussed on Advanced Mild Derivatives (AMD) and is the only producer of Native Milk Protein Concentrate (MPC)