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 ₹ 251 Cr.
- Current Price ₹ 113
- High / Low ₹ 208 / 104
- Stock P/E 18.2
- 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 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 56 | 56 | 90 | 131 | 160 | |
| 58 | 53 | 81 | 114 | 133 | |
| Operating Profit | -2 | 4 | 9 | 16 | 26 |
| OPM % | -4% | 7% | 10% | 12% | 17% |
| -1 | -0 | 0 | 1 | 0 | |
| Interest | 0 | 0 | 1 | 4 | 5 |
| Depreciation | 0 | 0 | 1 | 2 | 2 |
| Profit before tax | -3 | 3 | 8 | 12 | 20 |
| Tax % | -20% | 2% | 39% | 22% | |
| -2 | 3 | 5 | 9 | 14 | |
| EPS in Rs | -1,778.57 | 1,957.14 | 3,134.23 | 5.52 | 8.31 |
| Dividend Payout % | 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 Years: | 20% |
| Last Year: | 21% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 16 | 16 |
| Reserves | 12 | 16 | 38 | 33 | 40 |
| 1 | 2 | 8 | 32 | 46 | |
| 9 | 3 | 4 | 3 | 5 | |
| Total Liabilities | 21 | 22 | 50 | 84 | 107 |
| 1 | 1 | 5 | 7 | 6 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 20 | 21 | 45 | 77 | 100 | |
| Total Assets | 21 | 22 | 50 | 84 | 107 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -2 | -2 | -13 | -17 | |
| -0 | -1 | -5 | -10 | |
| 2 | 3 | 22 | 23 | |
| Net Cash Flow | 0 | -0 | 4 | -3 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 53 | 29 | 21 | 47 |
| Inventory Days | 0 | 0 | ||
| Days Payable | 65 | 24 | ||
| Cash Conversion Cycle | -12 | 5 | 21 | 47 |
| Working Capital Days | 1 | 35 | 50 | 54 |
| ROCE % | 24% | 27% | 25% |
Documents
Announcements
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
28 Jan - Deepanshu Manchanda acquired 10,800 shares (0.05%), raising stake to 27.71% from 27.66% (20–23 Jan 2026).
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Disclosure Under Regulation 29(2) Of The SEBI (Substantial Acquisition Of Shares And Takeover) Regulations, 2011
28 Jan - Promoter Deepanshu Manchanda bought 10,800 shares (0.05%) via open market between 20-23 Jan 2026; holding now 27.71%
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Disclosure Under Regulation 7(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015 ('SEBI PIT Regulations')
27 Jan - Form C received 27-Jan-2026: promoter Deepanshu Manchanda purchased company shares.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
21 Jan - Acquisition of Ambrozia Frozen Food via business transfer by Avyom; conference call Jan 27, 2026 4:00 PM IST.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
21 Jan - DSM acquires Ambrozia's operations; DSM invests ~₹8Cr for 76% via Avyom; promoter ₹2Cr for 19% plus 5% sweat equity.
Annual reports
No data available.
Concalls
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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).