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 ₹ 41.1 Cr.
- Current Price ₹ 25.2
- High / Low ₹ 55.0 / 24.3
- Stock P/E 12.7
- Book Value ₹ 39.6
- Dividend Yield 0.00 %
- ROCE 6.76 %
- ROE 7.05 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.64 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.
- Company might be capitalizing the interest cost
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 107 | 96 | 188 | 182 | 204 | 222 | |
| 102 | 91 | 177 | 171 | 197 | 215 | |
| Operating Profit | 5 | 5 | 11 | 12 | 8 | 7 |
| OPM % | 4% | 5% | 6% | 6% | 4% | 3% |
| 1 | 0 | 0 | 1 | 1 | 1 | |
| Interest | 1 | 1 | 2 | 2 | 1 | 2 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 3 | 3 | 7 | 8 | 6 | 4 |
| Tax % | 36% | 28% | 28% | 27% | 22% | |
| 2 | 2 | 5 | 6 | 4 | 3 | |
| EPS in Rs | 4.12 | 4.19 | 10.42 | 3.77 | 2.64 | 1.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | -38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -51% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 16 | 16 | 16 |
| Reserves | 12 | 15 | 20 | 43 | 47 | 48 |
| 23 | 28 | 33 | 26 | 53 | 77 | |
| 6 | 7 | 10 | 5 | 9 | 20 | |
| Total Liabilities | 46 | 55 | 68 | 90 | 126 | 162 |
| 21 | 20 | 21 | 32 | 33 | 32 | |
| CWIP | 0 | 0 | 1 | 9 | 52 | 65 |
| Investments | 8 | 4 | 3 | 20 | 0 | 1 |
| 17 | 30 | 44 | 29 | 41 | 64 | |
| Total Assets | 46 | 55 | 68 | 90 | 126 | 162 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 9 | -8 | 6 | 16 | 0 | |
| -0 | 3 | -2 | -39 | -27 | |
| -9 | 6 | -1 | 19 | 26 | |
| Net Cash Flow | -0 | 1 | 3 | -4 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 34 | 37 | 23 | 20 | 28 |
| Inventory Days | 21 | 78 | 57 | 34 | 35 |
| Days Payable | 15 | 16 | 14 | 4 | 14 |
| Cash Conversion Cycle | 41 | 98 | 66 | 50 | 50 |
| Working Capital Days | 2 | 29 | 18 | 15 | 29 |
| ROCE % | 10% | 18% | 15% | 7% |
Documents
Announcements
-
Disclosure of material issue
3 February 2026 - Income-tax search/seizure at Ranchi offices Jan 29–Feb 2, 2026; books, cash, electronic records seized.
-
Disclosure of material issue
30 January 2026 - Baba Food Processing (India) Limited has informed regarding Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 Income Tax Search
-
Press Release
20 January 2026 - Conferred Times Business Awards Odisha 2026 'Advancing Agro Food Through Consumer-Centric Innovation' on 15 Jan 2026. Checklists: - Review announcement for event, date, and award …
-
Resignation
17 January 2026 - Internal Auditor Hardeep Malhotra resigned effective January 17, 2026 for personal reasons; new appointment pending.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 January 2026 - Share capital reconciliation for quarter ended 31-Dec-2025; issued shares 16,326,403; dematerialised 99.99%
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