Italian Edibles Ltd
₹ 31.5
-1.56%
24 Nov
- close price
About
Italian Edibles Limited offers a wide range of confectionery products such as Rabdi [Meethai Sweet], milk paste, chocolate paste, lollipops, candies, jelly sweets, multigrain puffed buns, and fruit-based products under its OfCour's brand.[1]
Key Points
- Market Cap ₹ 46.6 Cr.
- Current Price ₹ 31.5
- High / Low ₹ 54.0 / 29.2
- Stock P/E 12.4
- Book Value ₹ 31.5
- Dividend Yield 0.32 %
- ROCE 11.4 %
- ROE 7.20 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.00 times its book value
Cons
- Company has a low return on equity of 11.6% 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 48.90 | 75.34 | 63.07 | 73.53 | 84.93 | 88.86 | |
| 45.25 | 70.74 | 56.06 | 65.43 | 77.74 | 81.07 | |
| Operating Profit | 3.65 | 4.60 | 7.01 | 8.10 | 7.19 | 7.79 |
| OPM % | 7.46% | 6.11% | 11.11% | 11.02% | 8.47% | 8.77% |
| 0.09 | -0.15 | 0.09 | -0.31 | 0.02 | 0.02 | |
| Interest | 1.64 | 1.73 | 1.89 | 2.34 | 2.18 | 2.24 |
| Depreciation | 0.98 | 1.35 | 1.78 | 1.33 | 0.21 | -0.15 |
| Profit before tax | 1.12 | 1.37 | 3.43 | 4.12 | 4.82 | 5.72 |
| Tax % | 23.21% | 42.34% | 23.62% | 24.76% | 36.72% | |
| 0.87 | 0.80 | 2.62 | 3.10 | 3.05 | 3.75 | |
| EPS in Rs | 2.10 | 2.06 | 2.53 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | 6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.50 | 1.71 | 1.71 | 14.78 | 14.78 | 14.78 |
| Reserves | 4.34 | 6.43 | 9.50 | 26.06 | 29.11 | 31.79 |
| 24.93 | 18.15 | 17.31 | 17.20 | 20.56 | 28.52 | |
| 8.69 | 12.77 | 13.04 | 12.37 | 15.09 | 21.07 | |
| Total Liabilities | 39.46 | 39.06 | 41.56 | 70.41 | 79.54 | 96.16 |
| 5.50 | 5.03 | 3.58 | 10.37 | 7.42 | 7.34 | |
| CWIP | 1.22 | 1.06 | 1.07 | 0.00 | 0.95 | 10.43 |
| Investments | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| 32.73 | 32.96 | 36.91 | 60.04 | 71.17 | 78.39 | |
| Total Assets | 39.46 | 39.06 | 41.56 | 70.41 | 79.54 | 96.16 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2.33 | -16.77 | -3.39 | |||
| 0.27 | -7.04 | 1.79 | |||
| -2.69 | 24.26 | 1.32 | |||
| Net Cash Flow | -0.08 | 0.45 | -0.28 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 56.65 | 37.64 | 41.84 | 53.11 | 41.77 |
| Inventory Days | 165.08 | 171.06 | 255.45 | 326.49 | 309.06 |
| Days Payable | 71.31 | 89.50 | 116.68 | 78.69 | 75.23 |
| Cash Conversion Cycle | 150.43 | 119.21 | 180.61 | 300.92 | 275.60 |
| Working Capital Days | 10.45 | 32.75 | 35.19 | 141.27 | 122.66 |
| ROCE % | 11.53% | 19.41% | 15.87% | 11.43% |
Documents
Announcements
-
Appointment
13 November 2025 - Board approved unaudited results for half year ended Sep 30, 2025; appointed internal and secretarial auditors; IPO utilization certificate.
-
Utilisation of Funds
13 November 2025 - Auditors certify IPO proceeds Rs 2,665.60 lakh raised; Rs 2,635.36 lakh utilized, Rs 30.24 lakh unutilized.
-
Statement of deviation(s) or variation(s) under Reg. 32
13 November 2025 - As of Sep 30, 2025: project cost increased to Rs.2,300L; Rs.1,082.59L bank loan utilized; IPO proceeds allocated.
-
Outcome of Board Meeting
13 November 2025 - Approved H1 Sep 30, 2025 results; auditors appointed; IPO utilization certified; project cost now Rs2,300 lakh; HDFC loan Rs1,082.59 lakh.
-
Appointment
30 September 2025 - Ajay Makhija reappointed MD; Akshay Makhija designated Executive Director & CEO, term Aug 14, 2026–Aug 13, 2031.
Product Portfolio[1] IEL sells confectionery products in retail and wholesale packs. Lollipops, Candies, and milk sweetmeat products are available in Pet Jars, polypacks, and cardboard boxes.