DSM Fresh Foods Ltd
Incorporated in May 2015, DSM Fresh Foods Limited is engaged in the business of fresh meat and ready-to-cook/eat non-veg products retailer[1]
- Market Cap ₹ 238 Cr.
- Current Price ₹ 107
- High / Low ₹ 208 / 95.0
- Stock P/E 17.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 24.5 %
- ROE 20.8 %
- Face Value ₹ 10.0
Pros
Cons
- Promoter holding is low: 28.1%
- Debtor days have increased from 32.4 to 47.1 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.
Peer comparison
Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Meat Products including Poultry
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 50 | 56 | 56 | 90 | 131 | 160 | |
| 62 | 58 | 53 | 81 | 114 | 133 | |
| Operating Profit | -12 | -2 | 4 | 9 | 16 | 26 |
| OPM % | -25% | -4% | 7% | 10% | 12% | 17% |
| 0 | -1 | -0 | 0 | 1 | 0 | |
| Interest | 0 | 0 | 0 | 1 | 4 | 5 |
| Depreciation | 1 | 0 | 0 | 1 | 2 | 2 |
| Profit before tax | -13 | -3 | 3 | 8 | 12 | 20 |
| Tax % | 0% | -20% | 2% | 39% | 22% | |
| -13 | -2 | 3 | 5 | 9 | 14 | |
| EPS in Rs | -9,278.57 | -1,778.57 | 1,957.14 | 3,134.23 | 5.52 | 8.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| TTM: | 45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 97% |
| TTM: | 94% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 20% |
| Last Year: | 21% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 16 | 16 |
| Reserves | 2 | 12 | 16 | 38 | 33 | 40 |
| 0 | 1 | 2 | 8 | 32 | 46 | |
| 7 | 9 | 3 | 4 | 3 | 5 | |
| Total Liabilities | 9 | 21 | 22 | 50 | 84 | 107 |
| 2 | 1 | 1 | 5 | 7 | 6 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 8 | 20 | 21 | 45 | 77 | 100 | |
| Total Assets | 9 | 21 | 22 | 50 | 84 | 107 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -7 | -3 | -2 | -13 | -17 | |
| 3 | -0 | -1 | -5 | -10 | |
| 0 | 3 | 3 | 22 | 23 | |
| Net Cash Flow | -4 | 0 | -0 | 4 | -3 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 42 | 53 | 29 | 21 | 47 |
| Inventory Days | 0 | 0 | 0 | 23 | |
| Days Payable | 59 | 65 | 24 | 18 | |
| Cash Conversion Cycle | -17 | -12 | 5 | 25 | 47 |
| Working Capital Days | 1 | 1 | 35 | 50 | 54 |
| ROCE % | -28% | 24% | 27% | 25% |
Insights
In beta| Sep 2024 | Sep 2025 | |
|---|---|---|
| Online-Offline Revenue Split (B2C vs B2B) Ratio |
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| App Downloads Number |
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| Local Meat Shop Partnerships (Pilot) Number |
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| Number of Cold Storages Number |
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| Number of Distribution Centers Number |
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| Number of HoReCa Partners (Restaurants) Number |
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| Number of Processing Centers Number |
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| Order Cancelled Rate % |
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Documents
Announcements
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Intimation Pursuant To Regulation 30 Of SEBI (LODR) Regulations 2015 Regarding Management Meeting
18h - Virtual management meeting with Swaraj Holdings on March 19, 2026; no UPSI to be shared.
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Intimation About Appointment Of Mr. Deepanshu Manchanda, Founder & Managing Director Of DSM Fresh Foods Limited As
Goodwill Ambassador For United Nations Sustainable Development Goals By IIMSAM
19h - Deepanshu Manchanda appointed IIMSAM Goodwill Ambassador for UN SDGs, announced March 16, 2026.
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Intimation Under Regulation 30 Of SEBI (LODR)
Regulations, 2015 - Participation At AAHAR 2026
11 Mar - Participating at AAHAR 2026 Mar 10–14 in New Delhi showcasing Meevaa Foods vegetarian frozen products.
- Investor Presentation Under Regulation 30 Of The Securities Exchange Board Of India (LODR) Regulations 2015 ("Listing Regulations") 9 Mar
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Intimation About Resignation Of Secretarial Auditor Of The Company Pursuant To Regulation 30
Of The Securities Exchange Board Of India (LODR)
Regulations, 2015 ('Listing Regulations')
3 Mar - Secretarial auditor Surbhi Bansal resigned March 03, 2026 due to pre-occupation.
Annual reports
No data available.
Concalls
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Mar 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT
Business Profile[1]
DSM Fresh Foods Limited, operating under the brand Zappfresh, is an online retailer of fresh meat, seafood, and ready-to-cook/eat non-veg products. The company follows a farm-to-fork model, ensuring freshness through cold-chain systems and doorstep delivery via its website and mobile app (1 lakh+ downloads).