Elfin Agro India Ltd
Incorporated in 2009, Elfin agro operates in the agro-processing sector, primarily Wheat milling (atta & refined flour products), Mustard oil extraction, and Trading of agro commodities.[1]
- Market Cap ₹ 139 Cr.
- Current Price ₹ 71.7
- High / Low ₹ 78.0 / 47.3
- Stock P/E 24.1
- Book Value ₹ 22.4
- Dividend Yield 0.00 %
- ROCE 24.8 %
- ROE 20.1 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Other Food Products
Part of BSE SME IPO
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 100 | 123 | 145 | 177 | |
| 97 | 118 | 137 | 168 | |
| Operating Profit | 3 | 6 | 8 | 10 |
| OPM % | 3% | 5% | 5% | 5% |
| 0 | 0 | 1 | 0 | |
| Interest | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 1 |
| Profit before tax | 3 | 5 | 7 | 8 |
| Tax % | 30% | 26% | 25% | 25% |
| 2 | 4 | 5 | 6 | |
| EPS in Rs | 12.84 | 26.10 | 3.60 | 2.97 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 21% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 47% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| Last Year: | 20% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 1 | 1 | 7 | 10 |
| Reserves | 4 | 7 | 7 | 34 |
| 7 | 8 | 12 | 4 | |
| 9 | 8 | 7 | 4 | |
| Total Liabilities | 21 | 25 | 33 | 52 |
| 8 | 10 | 10 | 11 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 13 | 14 | 23 | 42 | |
| Total Assets | 21 | 25 | 33 | 52 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 0 | 3 | -3 | 15 | |
| -3 | -2 | -0 | -1 | |
| 3 | -0 | 4 | -7 | |
| Net Cash Flow | -0 | 0 | 0 | 7 |
| Free Cash Flow | -3 | -0 | -4 | 14 |
| CFO/OP | 19% | 62% | -16% | 168% |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 19 | 18 | 23 | 22 |
| Inventory Days | 24 | 22 | 31 | 49 |
| Days Payable | 30 | 21 | 14 | 4 |
| Cash Conversion Cycle | 13 | 19 | 40 | 67 |
| Working Capital Days | 3 | 0 | 12 | 55 |
| ROCE % | 40% | 36% | 25% |
Documents
Announcements
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Resignation Of Senior Management Personnel
9 Jun - Head of Operations Kamal Kumar Jain resigned effective 8 June 2026.
-
Board Meeting Outcome for Audited Financial Results (Standalone) For The Half Year/Financial Year Ended On 31St March 2026 Under Regulation 33 And Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regul
30 May - Audited standalone results for year ended 31 March 2026; no IPO fund deviation.
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Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (LODR) Regulations 2015 (SEBI Listing Regulations)
30 May - Filed 31 Mar 2026 IPO proceeds utilization for Rs 2,502.75 lakh; no deviation.
-
Audited Financial Results (Standalone) For The Half Year/Financial Year Ended On 31St March 2026 Under Regulation 33 And Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations 2015
30 May - Elfin Agro approved audited FY2026 standalone results; unmodified audit, no IPO fund deviation.
-
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1)(A) Of SEBI (LODR) Regulations 2015
21 May - Board meets on 30 May 2026 to approve audited results and IPO utilization statement.
Business Profile[1]
Elfin Agro India Limited is primarily engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour) and Yellow mustard oil.