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 ₹ 303 Cr.
- Current Price ₹ 697
- High / Low ₹ 715 / 190
- Stock P/E 68.8
- 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 12.0 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
Half Yearly 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: | 167% |
| 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 Figures in Rs. Crores / 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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Certificate under SEBI (Depositories and Participants) Regulations, 2018
6 July 2026 - Regulation 74(5) certificate for quarter ended June 30, 2026; no demat/remat requests processed.
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Trading Window
29 June 2026 - Trading window closed from July 1, 2026 until 48 hours after Q1 FY2027 results.
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Reply to Clarification- Financial results
13 June 2026 - HOAC Foods clarifies missing utilization declaration and re-uploaded legible audited results for May 11, 2026.
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General Updates
10 June 2026 - HOAC Foods started a new Hariom franchise outlet in Gurugram, Haryana on 10 June 2026.
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General Updates
27 May 2026 - HOAC Exports dispatched 2 containers to Australia, expanding international exports.
Annual reports
Concalls
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May 2026TranscriptPPT
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Nov 2025Transcript PPT REC
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Jun 2025Transcript PPT REC
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Nov 2024TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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