Neopolitan Pizza and Foods Ltd
Incorporated in 2012, Neopolitan Pizza and Foods Ltd is in the business of restaurant operations and agricultural commodity trading[1]
- Market Cap ₹ 18.4 Cr.
- Current Price ₹ 10.8
- High / Low ₹ 21.5 / 9.36
- Stock P/E
- Book Value ₹ 16.7
- Dividend Yield 0.00 %
- ROCE 3.13 %
- ROE 1.85 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.65 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 7.80% over last 3 years.
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.64 | 3.84 | 9.56 | 4.64 | 6.08 | 1.24 | 6.71 | 16.30 | 20.04 | 44.00 | 51.16 | 47.61 | |
| 1.65 | 3.49 | 9.15 | 4.90 | 5.50 | 1.23 | 6.26 | 15.38 | 17.79 | 40.74 | 50.28 | 47.90 | |
| Operating Profit | -0.01 | 0.35 | 0.41 | -0.26 | 0.58 | 0.01 | 0.45 | 0.92 | 2.25 | 3.26 | 0.88 | -0.29 |
| OPM % | -0.61% | 9.11% | 4.29% | -5.60% | 9.54% | 0.81% | 6.71% | 5.64% | 11.23% | 7.41% | 1.72% | -0.61% |
| 0.08 | 0.01 | 0.12 | 0.23 | 0.14 | 0.07 | 0.00 | 0.01 | 0.01 | 0.01 | 0.11 | 0.16 | |
| Interest | 0.01 | 0.01 | 0.17 | 0.15 | 0.23 | 0.22 | 0.14 | 0.19 | 0.30 | 0.01 | 0.00 | 0.00 |
| Depreciation | 0.04 | 0.10 | 0.28 | 0.23 | 0.31 | 0.19 | 0.19 | 0.43 | 0.42 | 0.42 | 0.28 | 0.20 |
| Profit before tax | 0.02 | 0.25 | 0.08 | -0.41 | 0.18 | -0.33 | 0.12 | 0.31 | 1.54 | 2.84 | 0.71 | -0.33 |
| Tax % | 50.00% | 28.00% | 25.00% | -39.02% | 55.56% | -21.21% | 8.33% | 41.94% | 24.03% | 23.59% | 42.25% | |
| 0.00 | 0.18 | 0.06 | -0.26 | 0.09 | -0.25 | 0.12 | 0.18 | 1.17 | 2.16 | 0.41 | -0.36 | |
| EPS in Rs | 0.00 | 7.20 | 1.48 | -6.41 | 2.22 | -6.16 | 0.40 | 0.21 | 1.06 | 1.96 | 0.24 | -0.21 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 110% |
| 3 Years: | 46% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 29% |
| 3 Years: | 32% |
| TTM: | -118% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -50% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.25 | 0.41 | 0.41 | 0.41 | 0.41 | 3.01 | 8.71 | 11.00 | 11.00 | 17.00 | 17.00 |
| Reserves | 0.00 | 0.18 | 0.59 | 0.34 | 0.43 | -0.90 | -0.82 | -0.64 | 2.82 | 4.92 | 11.32 | 11.38 |
| 0.44 | 1.01 | 0.35 | 1.86 | 1.86 | 2.19 | 2.63 | 2.59 | 0.69 | 0.59 | 0.57 | 0.99 | |
| 0.48 | 1.22 | 2.08 | 1.39 | 0.97 | 0.86 | 6.62 | 2.35 | 3.61 | 3.95 | 9.31 | 12.12 | |
| Total Liabilities | 0.93 | 2.66 | 3.43 | 4.00 | 3.67 | 2.56 | 11.44 | 13.01 | 18.12 | 20.46 | 38.20 | 41.49 |
| 0.69 | 1.55 | 1.45 | 1.80 | 1.62 | 0.81 | 3.19 | 2.77 | 2.39 | 1.98 | 1.71 | 1.60 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 3.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.74 | 3.74 | 3.74 |
| 0.24 | 1.11 | 1.98 | 2.19 | 2.05 | 1.75 | 8.25 | 10.24 | 15.73 | 14.74 | 29.75 | 33.15 | |
| Total Assets | 0.93 | 2.66 | 3.43 | 4.00 | 3.67 | 2.56 | 11.44 | 13.01 | 18.12 | 20.46 | 38.20 | 41.49 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.59 | -0.97 | 0.31 | -0.33 | -0.20 | -5.09 | -2.73 | 3.72 | -5.82 | |||
| 0.35 | -0.49 | -0.11 | 0.00 | -2.73 | -0.39 | 0.54 | -3.76 | -3.00 | |||
| -0.83 | 1.32 | -0.22 | 0.00 | 2.87 | 5.49 | 2.37 | -0.10 | 11.97 | |||
| Net Cash Flow | 0.11 | -0.14 | -0.02 | -0.33 | -0.05 | 0.01 | 0.18 | -0.14 | 3.15 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4.45 | 19.96 | 24.05 | 50.34 | 38.42 | 226.65 | 394.92 | 201.98 | 131.14 | 64.04 | 90.18 |
| Inventory Days | 20.74 | 28.58 | 9.69 | 19.60 | 12.32 | 45.62 | 0.00 | 0.00 | 89.43 | 39.47 | 89.99 |
| Days Payable | 45.62 | 171.51 | 86.14 | 164.13 | 118.59 | 288.96 | 58.55 | 22.41 | 65.40 | ||
| Cash Conversion Cycle | -20.44 | -122.96 | -52.39 | -94.19 | -67.84 | -16.68 | 394.92 | 201.98 | 162.02 | 81.10 | 114.78 |
| Working Capital Days | -51.19 | -47.53 | -30.93 | -5.51 | 20.41 | 156.01 | 47.87 | 156.75 | 213.10 | 89.34 | 123.43 |
| ROCE % | 27.51% | 16.49% | -18.69% | 15.44% | 7.98% | 6.46% | 14.62% | 18.38% | 3.13% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
27 Nov - Signs agreements for two COCO outlets near Morbi and Devbhumi Dwarka; target opening by 31 December 2025.
-
Unaudited Financial Results For The Half Year Ended 30Th September, 2025
15 Nov - H1 FY2025 results approved; IPO Rs1170L, Rs224.18L reallocated; only four of sixteen QSRs opened.
-
Announcement under Regulation 30 (LODR)-Meeting Updates
15 Nov - Approved H1 Sep 30, 2025 results; appointed CEO Shobhit Nagarkar, CS Aditya Tillu; Rs224.18L IPO overutilised.
-
Press Release
14 Nov - Launch of 10 COCO stores on 25 Dec 2025 across Gujarat, Maharashtra, Rajasthan, expanding corporate stores from 4 to 14.
-
Appointment of Company Secretary and Compliance Officer
13 Nov - Appointment of Mr. Aditya Tillu as Company Secretary & Compliance Officer effective 13 Nov 2025.
Business Overview:[1]
NPLeopolitan Pizza Ltd. (NPL) is an ISO 22000:2018 certified QSR company operating in Gujarat. Company provides Italian based pizzas through its outlets and franchisees in Gujarat. As of March 31st 2024, NPL operates 21 restaurants located in across 16+ cities, spread across 2 states and union territories in India. It has 33 employees (including 20 contract workers). It is now adding 25 new QSRs with IPO funding in India. It plans to expand by adding 25 new quick-service restaurants (QSRs) using funds from its initial public offering (IPO).