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 ₹ 255 Cr.
- Current Price ₹ 587
- High / Low ₹ 600 / 170
- Stock P/E 57.9
- 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 10.1 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: | 228% |
| 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 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
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| Company Owned Stores Number |
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| Franchise Stores Number |
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| Total Exclusive Brand Outlets Number |
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| Mustard Oil Capacity Liters per day |
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| Number of SKUs Number |
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| Packaging Velocity Pouches per minute |
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| Average Ticket Size INR |
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| B2B Retail Outlets / Counters Reached Number |
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| Capacity Utilization (Gurgaon Plants) Percentage |
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| Export Containers Shipped (Cumulative) Number |
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| Manufacturing Facility Size (Gurgaon) Sq. Ft. |
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| Vidisha Manufacturing Plant Size (Under development) Sq. Ft. |
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Extracted by Screener AI
Documents
Announcements
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General Updates
27 May 2026 - HOAC Exports dispatched 2 containers to Australia, expanding international exports.
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Clarification - Financial Results
20 May 2026 - Exchange has sought clarification from Hoac Foods India Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
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General Updates
18 May 2026 - Submitted transcript of H2 FY26 earnings call; FY26 income ₹5,049 lakh, capex ₹4.5-5 crore, capacity 45-50 tons/day.
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Updates
16 May 2026 - Board authorized KMPs to determine materiality under Regulation 30(5) on May 16, 2026.
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Appointment
16 May 2026 - Ms. Varsha Bansal appointed Company Secretary and Compliance Officer effective 16 May 2026.
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