Shanthala FMCG Products Ltd
Incorporated in 2014, Shanthala FMCG Products Ltd is in business of FMCG product distribution[1]
- Market Cap ₹ 24.3 Cr.
- Current Price ₹ 36.3
- High / Low ₹ 61.0 / 20.4
- Stock P/E 25.1
- Book Value ₹ 33.9
- Dividend Yield 0.00 %
- ROCE 5.98 %
- ROE 4.36 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.07 times its book value
- Promoter holding has increased by 3.62% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.09% over last 3 years.
- Earnings include an other income of Rs.1.03 Cr.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 39.30 | 32.26 | 40.52 | 41.33 | 52.75 | |
| 38.91 | 32.07 | 40.09 | 41.23 | 52.41 | |
| Operating Profit | 0.39 | 0.19 | 0.43 | 0.10 | 0.34 |
| OPM % | 0.99% | 0.59% | 1.06% | 0.24% | 0.64% |
| 0.26 | 0.29 | 0.26 | 0.54 | 1.03 | |
| Interest | 0.44 | 0.40 | 0.41 | 0.23 | 0.03 |
| Depreciation | 0.01 | 0.02 | 0.02 | 0.03 | 0.03 |
| Profit before tax | 0.20 | 0.06 | 0.26 | 0.38 | 1.31 |
| Tax % | 30.00% | 33.33% | 30.77% | 23.68% | 25.95% |
| 0.14 | 0.05 | 0.18 | 0.29 | 0.97 | |
| EPS in Rs | 28.00 | 10.00 | 3.60 | 0.43 | 1.45 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 169% |
| TTM: | 234% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 0.50 | 6.70 | 6.70 |
| Reserves | 0.71 | 0.75 | 0.93 | 15.06 | 16.03 |
| 4.06 | 4.67 | 4.47 | 0.18 | 0.11 | |
| 0.43 | 0.24 | 0.67 | 1.01 | 2.07 | |
| Total Liabilities | 5.70 | 6.16 | 6.57 | 22.95 | 24.91 |
| 2.37 | 2.37 | 2.36 | 2.38 | 2.35 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.43 | 0.00 | 0.00 | 0.01 |
| 3.33 | 3.36 | 4.21 | 20.57 | 22.55 | |
| Total Assets | 5.70 | 6.16 | 6.57 | 22.95 | 24.91 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0.14 | 0.27 | 1.32 | -15.45 | -0.28 | |
| 0.25 | -0.32 | 0.02 | 0.28 | 0.83 | |
| -0.46 | 0.21 | -0.60 | 15.51 | -0.09 | |
| Net Cash Flow | -0.06 | 0.16 | 0.73 | 0.34 | 0.46 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 15.88 | 8.60 | 9.01 | 28.53 | 30.24 |
| Inventory Days | 22.57 | 16.00 | |||
| Days Payable | 6.30 | 10.16 | |||
| Cash Conversion Cycle | 15.88 | 8.60 | 9.01 | 44.79 | 36.08 |
| Working Capital Days | 9.01 | -3.51 | -11.17 | 49.63 | 37.78 |
| ROCE % | 8.22% | 11.34% | 4.38% | 5.98% |
Documents
Announcements
-
Shareholders meeting
27 September 2025 - 11th AGM on Sep 26, 2025: all resolutions approved; Shobitha Mallya named Managing Director; articles altered; Santosh Kudva appointed.
-
Shareholders meeting
26 September 2025 - 11th AGM Sep 26, 2025: FY2025 financials taken on record; director reappointed; proposal to designate Shobitha Malya as Managing Director.
-
Trading Window
24 September 2025 - Trading window closed from Oct 1, 2025 for H1 (Sep 30, 2025) unaudited results; reopens 48 hours after declaration.
-
Addendum
17 September 2025 - Addendum: appointment of Mr. Santosh Kudva as Non-Executive Director for five years from Sep 26, 2025.
-
Copy of Newspaper Publication
4 September 2025 - Shanthala FMCG AGM notice, book closure, e-voting details published in newspapers on Sep 4, 2025.
Business Overview:[1][2]
SFPL is an FMCG product distributor for major FMCG companies in India. It distributes branded packaged foods, personal care products, education and stationery items, matches, agarbatti, and tobacco products. SFPL is also a distributor for ITC and Sunpure, offering branded beauty and wellbeing, nutritional, personal, and home care products. Currently, the company sells 450+ products through 750+ retailers.