Baba Food Processing India Ltd
Incorporated in 2015, Baba Food Processing (India) Ltd manufactures food-based products such as wheat flour and allied flour products like refined flour (maida), Semolina (suji), Bran etc.[1]
- Market Cap ₹ 53.6 Cr.
- Current Price ₹ 32.8
- High / Low ₹ 63.5 / 29.6
- Stock P/E 16.6
- Book Value ₹ 39.6
- Dividend Yield 0.00 %
- ROCE 8.28 %
- ROE 7.05 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.83 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.3% over last 3 years.
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 92 | 123 | 107 | 97 | 188 | 182 | 204 | 222 | |
| 88 | 116 | 102 | 92 | 177 | 171 | 197 | 215 | |
| Operating Profit | 5 | 6 | 5 | 5 | 11 | 12 | 8 | 7 |
| OPM % | 5% | 5% | 4% | 5% | 6% | 6% | 4% | 3% |
| 0 | 0 | 1 | 0 | 0 | 1 | 1 | 0 | |
| Interest | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 2 |
| Depreciation | 1 | 2 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 2 | 3 | 3 | 3 | 7 | 8 | 6 | 4 |
| Tax % | 18% | 29% | 20% | 46% | 28% | 27% | 22% | |
| 1 | 2 | 2 | 2 | 5 | 6 | 4 | 3 | |
| EPS in Rs | 2.79 | 4.17 | 5.15 | 3.19 | 10.42 | 3.76 | 2.64 | 1.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 28% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 41% |
| TTM: | -38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -41% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 16 | 16 | 16 |
| Reserves | 6 | 9 | 12 | 15 | 20 | 43 | 47 | 48 |
| 34 | 32 | 23 | 28 | 33 | 26 | 16 | 36 | |
| 5 | 3 | 6 | 7 | 10 | 5 | 9 | 20 | |
| Total Liabilities | 49 | 49 | 46 | 55 | 68 | 90 | 88 | 120 |
| 23 | 22 | 21 | 20 | 21 | 20 | 21 | 20 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 2 | 8 | 10 |
| Investments | 6 | 8 | 8 | 4 | 3 | 29 | 15 | 15 |
| 20 | 19 | 17 | 30 | 44 | 39 | 45 | 75 | |
| Total Assets | 49 | 49 | 46 | 55 | 68 | 90 | 88 | 120 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 14 | 3 | 6 | 16 | 3 | |||
| -0 | -2 | -2 | -39 | 8 | |||
| -14 | 0 | -1 | 19 | -11 | |||
| Net Cash Flow | -0 | 1 | 3 | -4 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 51 | 32 | 34 | 36 | 23 | 20 | 28 |
| Inventory Days | 25 | 23 | 21 | 78 | 57 | 34 | 35 |
| Days Payable | 14 | 4 | 15 | 16 | 14 | 4 | 13 |
| Cash Conversion Cycle | 61 | 51 | 41 | 98 | 66 | 50 | 50 |
| Working Capital Days | 15 | 26 | 2 | 29 | 18 | 15 | 25 |
| ROCE % | 11% | 10% | 10% | 18% | 15% | 8% |
Documents
Announcements
-
Related Party Transactions
15 November 2025 - Related-party transactions disclosed for half-year ended Sep 30, 2025; ICD 2,196.14, investment 1,500.00.
-
Statement of deviation(s) or variation(s) under Reg. 32
14 November 2025 - ₹32.88 Crore public issue proceeds fully utilised; report half-year ended Sep 30, 2025.
-
Outcome of Board Meeting
14 November 2025 - Board approved unaudited standalone/consolidated results for half-year ended 30 Sep 2025; limited review report approved.
-
Structural Digital Database
18 October 2025 - Baba Food submits SDD compliance certificate confirming UPSI capture and controls, dated October 17–18, 2025.
-
Integrated Filing- Governance
17 October 2025 - Quarterly investor grievance report: zero complaints; Regulation 27 corporate governance non‑applicable for SME exchange (Sept 30, 2025).
Product Profile:[1]
a) Whole Wheat Atta
b) Refined Wheat Flour
c) Semolina
d) Tandoori Atta
e) Gram Besan
f) Gram Sattu
g) Wheat Bran