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 ₹ 180 Cr.
- Current Price ₹ 80.9
- High / Low ₹ 208 / 73.6
- Stock P/E 12.4
- Book Value ₹ 52.2
- Dividend Yield 0.00 %
- ROCE 23.3 %
- ROE 17.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 25.6% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 28.2%
- Debtor days have increased from 53.3 to 92.0 days.
- Working capital days have increased from 74.0 days to 118 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 50 | 56 | 56 | 90 | 131 | 221 | |
| 62 | 58 | 53 | 81 | 114 | 190 | |
| Operating Profit | -12 | -2 | 4 | 9 | 16 | 31 |
| OPM % | -25% | -4% | 7% | 10% | 12% | 14% |
| 0 | -1 | -0 | 0 | 1 | 1 | |
| Interest | 0 | 0 | 0 | 1 | 4 | 7 |
| Depreciation | 1 | 0 | 0 | 1 | 2 | 2 |
| Profit before tax | -13 | -3 | 3 | 8 | 12 | 23 |
| Tax % | 0% | -20% | 2% | 39% | 22% | 38% |
| -13 | -2 | 3 | 5 | 9 | 14 | |
| EPS in Rs | -9,278.57 | -1,778.57 | 1,957.14 | 3,134.23 | 5.52 | 6.45 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 58% |
| TTM: | 69% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 64% |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 18% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 16 | 22 |
| Reserves | 2 | 12 | 16 | 38 | 33 | 94 |
| 0 | 1 | 2 | 8 | 32 | 64 | |
| 7 | 9 | 3 | 4 | 3 | 14 | |
| Total Liabilities | 9 | 21 | 22 | 50 | 84 | 195 |
| 2 | 1 | 1 | 5 | 7 | 9 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 19 |
| 8 | 20 | 21 | 45 | 77 | 166 | |
| Total Assets | 9 | 21 | 22 | 50 | 84 | 195 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -7 | -2 | -2 | -13 | -17 | -48 | |
| 3 | -0 | -1 | -5 | -10 | -23 | |
| 0 | 2 | 3 | 22 | 23 | 79 | |
| Net Cash Flow | -4 | 0 | -0 | 4 | -3 | 8 |
| Free Cash Flow | -7 | -2 | -3 | -18 | -21 | -52 |
| CFO/OP | 55% | 116% | -66% | -139% | -104% | -138% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 42 | 53 | 29 | 21 | 47 | 92 |
| Inventory Days | 0 | 0 | 0 | 23 | 20 | |
| Days Payable | 59 | 65 | 24 | 18 | 17 | |
| Cash Conversion Cycle | -17 | -12 | 5 | 25 | 47 | 95 |
| Working Capital Days | 1 | 1 | 35 | 50 | 54 | 118 |
| ROCE % | -28% | 24% | 27% | 25% | 23% |
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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Extracted by Screener AI
Documents
Announcements
- Board Meeting Outcome for Outcome Of The Board Meeting Of DSM Fresh Foods Limited Held On June 26, 2026 2m
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Intimation Regarding Felicitation Received At United Nations IIMSAM Foundation Day Celebration
17 Jun - Promoter Deepanshu Manchanda felicitated at UN IIMSAM Foundation Day on June 15, 2026, New Delhi.
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Disclosure Under Regulation 7(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015 ('SEBI PIT Regulations')
15 Jun - Priya Aggarwal bought 52,800 shares; holding rose to 1.01% on 13 June 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Jun - DSM Fresh Foods signs Assam Aqua MOU for 100-acre, 300-tonne freshwater fish project.
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Revised Disclosure Under Regulation 7(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015 ('SEBI PIT Regulations")
8 Jun - Priya Aggarwal bought 73,200 shares on 04-05 June 2026; holding rose to 1.77%.
Annual reports
No data available.
Concalls
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Jun 2026Transcript PPT
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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 a technology-enabled fresh foods platform specializing in the sourcing, processing, and delivery of high-quality meat and food products. Headquartered in New Delhi, the company services both retail consumers and institutional customers, focusing on quality, traceability, and operational excellence across the food value chain.