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 ₹ 174 Cr.
- Current Price ₹ 78.3
- High / Low ₹ 208 / 73.6
- Stock P/E 12.0
- 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| Mar 2025 | Mar 2026 | |
|---|---|---|
| B2C Revenue Share % |
|
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| Chicken Revenue Share % |
||
| Fish & Seafood Revenue Share % |
||
| Monthly Online Orders (B2C) count |
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| Mutton Revenue Share % |
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| Number of Channel Partner Retail Stores count |
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| Number of Farmer Partnerships (Seafood) count |
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| Number of HoReCa Partner Restaurants count |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
2d - DSM Fresh Foods completed acquisition of Avyom Foodtech, making it a wholly owned subsidiary.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - RTA confirms Regulation 74(5) compliance for quarter ended 30 June 2026.
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Newspaper Advertisement Regarding Notice Of 1St Extraordinary General Meeting For FY 2026-27 And E-Voting Information
2 Jul - Newspaper ads published for 1st EGM on July 25, 2026, via VC/OAVM with e-voting details.
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Re-Submission Of Audited Financial Results For The Half Year And Year Ended March 31, 2026 As Per Regulation 33 Of SEBI (LODR), 2015
1 Jul - DSM Fresh Foods re-submits audited FY26 results after omitting declarations and uploading unsigned consolidated PDF.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015-Media Release
1 Jul - DSM Fresh Foods evaluates ₹40 crore aquaculture opportunity; may onboard 1,200 farmers and procure 2,500 tonnes annually.
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.