Hoac Foods India Ltd
Incorporated in 2018, HOAC Foods India Ltd is engaged in manufacturing,
processing & trading of Atta, Dal Spices, Oil and other products[1]
- Market Cap ₹ 373 Cr.
- Current Price ₹ 859
- High / Low ₹ 1,010 / 220
- Stock P/E 65.6
- Book Value ₹ 57.9
- Dividend Yield 0.00 %
- ROCE 32.1 %
- ROE 24.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.2%
Cons
- Stock is trading at 14.8 times its book value
- 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 Nifty SME Emerge
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 6.29 | 7.42 | 10.87 | 12.10 | 15.63 | 26.43 | 48.75 | |
| 6.15 | 7.03 | 10.30 | 10.92 | 13.80 | 22.29 | 41.81 | |
| Operating Profit | 0.14 | 0.39 | 0.57 | 1.18 | 1.83 | 4.14 | 6.94 |
| OPM % | 2.23% | 5.26% | 5.24% | 9.75% | 11.71% | 15.66% | 14.24% |
| 0.05 | 0.04 | 0.07 | 0.11 | 0.00 | 0.16 | 0.36 | |
| Interest | 0.09 | 0.22 | 0.20 | 0.29 | 0.34 | 0.52 | 0.82 |
| Depreciation | 0.01 | 0.03 | 0.06 | 0.18 | 0.13 | 0.29 | 0.44 |
| Profit before tax | 0.09 | 0.18 | 0.38 | 0.82 | 1.36 | 3.49 | 6.04 |
| Tax % | 22.22% | 27.78% | 26.32% | 37.80% | 25.00% | 28.37% | 27.32% |
| 0.07 | 0.13 | 0.27 | 0.50 | 1.02 | 2.50 | 4.40 | |
| EPS in Rs | 7.00 | 13.00 | 12.44 | 23.04 | 3.79 | 6.50 | 10.14 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | 59% |
| TTM: | 84% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 102% |
| 3 Years: | 106% |
| TTM: | 76% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 265% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 28% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.22 | 0.22 | 2.69 | 3.84 | 4.34 |
| Reserves | 0.10 | 0.22 | 0.76 | 1.27 | 0.66 | 7.55 | 20.78 |
| 0.38 | 1.28 | 1.48 | 1.94 | 2.26 | 4.47 | 1.73 | |
| 0.47 | 0.48 | 1.13 | 1.47 | 2.36 | 4.38 | 8.59 | |
| Total Liabilities | 1.05 | 2.08 | 3.59 | 4.90 | 7.97 | 20.24 | 35.44 |
| 0.13 | 0.35 | 0.44 | 0.61 | 0.91 | 3.81 | 6.02 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| 0.92 | 1.73 | 3.15 | 4.29 | 7.06 | 16.42 | 29.42 | |
| Total Assets | 1.05 | 2.08 | 3.59 | 4.90 | 7.97 | 20.24 | 35.44 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 0.37 | 0.04 | 0.02 | -0.51 | -0.29 | -1.19 | -4.31 | |
| -0.11 | -0.26 | -0.07 | -0.34 | -0.43 | -3.21 | -2.65 | |
| -0.19 | 0.42 | 0.09 | 0.59 | 0.83 | 7.27 | 10.13 | |
| Net Cash Flow | 0.07 | 0.20 | 0.04 | -0.26 | 0.11 | 2.87 | 3.17 |
| Free Cash Flow | 0.26 | -0.22 | -0.12 | -0.85 | -0.72 | -4.39 | -6.96 |
| CFO/OP | 264% | 15% | 12% | -33% | -1% | -13% | -50% |
Ratios
Standalone / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 5.80 | 6.39 | 25.86 | 31.07 | 52.78 | 116.70 | 63.49 |
| Inventory Days | 32.52 | 336.09 | 249.54 | 96.51 | 135.65 | 80.65 | 122.45 |
| Days Payable | 29.63 | 144.55 | 180.64 | 43.87 | 61.13 | 66.51 | 54.57 |
| Cash Conversion Cycle | 8.69 | 197.93 | 94.76 | 83.71 | 127.30 | 130.83 | 131.36 |
| Working Capital Days | -6.38 | -4.43 | 5.04 | 34.99 | 64.45 | 65.60 | 106.54 |
| ROCE % | 36.70% | 28.57% | 37.69% | 37.61% | 37.35% | 32.12% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|---|
| Capacity Utilization - Flour % |
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| Product Mix - Flour (% of revenue) % |
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| Average Cart Value INR |
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| B2B Retail Stores (Kirana Stores) count |
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| Direct Billed Customers count |
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| Export Containers Shipped (Cumulative) count |
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| Number of SKUs count |
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| Total Stores (Exclusive Brand Outlets) count |
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Extracted by Screener AI
Documents
Announcements
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General Updates
- HOAC Foods participated in Arihant Capital Bharat Connect Virtual Conference on 25 September 2026.
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General Updates
- HOAC Foods held virtual analyst and institutional investor meetings on 22 September 2026.
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General Updates
- HOAC Foods will join Arihant Capital’s Bharat Connect virtual conference on 25 September 2026.
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General Updates
- HOAC Foods India will hold a virtual one-on-one investor meeting on September 22, 2026.
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Copy of Newspaper Publication
- Notice of 08th AGM to be held on 30 September 2026 via VC/OAVM published in newspapers.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
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Annual Report 2024
from nse
Concalls
-
May 2026Transcript
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Nov 2025Transcript PPT REC
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Jun 2025Transcript PPT REC
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Nov 2024PPT
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Nov 2024PPT
Business Overview:[1]
HFL manufactures flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil in and markets & sell it in and
around Delhi-NCR under the brand name HARIOM through its exclusive Brand Outlets