Shivashrit Foods Ltd
Incorporated in August 2017, Shivashrit Foods Limited manufactures, supplies, and exports potato flakes.[1]
- Market Cap ₹ 221 Cr.
- Current Price ₹ 121
- High / Low ₹ 148 / 96.0
- Stock P/E 15.7
- Book Value ₹ 56.2
- Dividend Yield 0.00 %
- ROCE 19.2 %
- ROE 20.5 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 43.9 to 61.6 days.
- Working capital days have increased from 92.1 days to 162 days
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 38 | 45 | 76 | 105 | 114 | |
| 34 | 40 | 58 | 82 | 89 | |
| Operating Profit | 5 | 5 | 19 | 23 | 24 |
| OPM % | 12% | 11% | 24% | 22% | 21% |
| 0 | 0 | 1 | 1 | 2 | |
| Interest | 1 | 1 | 2 | 4 | 5 |
| Depreciation | 3 | 2 | 4 | 4 | 4 |
| Profit before tax | 1 | 2 | 13 | 15 | 18 |
| Tax % | 58% | 4% | 13% | 21% | 21% |
| 1 | 2 | 12 | 12 | 14 | |
| EPS in Rs | 1.29 | 3.27 | 24.96 | 8.64 | 7.69 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 110% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 33% |
| Last Year: | 20% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 14 | 18 |
| Reserves | 5 | 6 | 18 | 21 | 84 |
| 18 | 23 | 37 | 48 | 48 | |
| 8 | 15 | 24 | 26 | 7 | |
| Total Liabilities | 35 | 48 | 83 | 109 | 158 |
| 9 | 9 | 21 | 17 | 15 | |
| CWIP | 0 | 0 | 0 | 0 | 20 |
| Investments | 0 | 0 | 0 | 2 | 5 |
| 26 | 39 | 62 | 90 | 118 | |
| Total Assets | 35 | 48 | 83 | 109 | 158 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 1 | -0 | 5 | -8 | -0 | |
| -1 | -2 | -18 | 2 | -23 | |
| -0 | 3 | 12 | 7 | 49 | |
| Net Cash Flow | -0 | 1 | -1 | 1 | 26 |
| Free Cash Flow | 1 | -1 | -9 | -10 | -24 |
| CFO/OP | 32% | -4% | 42% | -21% | 1% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 12 | 22 | 27 | 43 | 62 |
| Inventory Days | 281 | 386 | 433 | 428 | 150 |
| Days Payable | 108 | 204 | 210 | 161 | 20 |
| Cash Conversion Cycle | 185 | 203 | 249 | 310 | 191 |
| Working Capital Days | 108 | 99 | 40 | 74 | 162 |
| ROCE % | 10% | 34% | 27% | 19% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Capacity Utilization % |
|
|||
| Installed Capacity MT per annum |
||||
| Production Volume MT per annum |
||||
| Export Revenue Share % of total revenue |
||||
| Number of Export Countries count |
||||
| Top 10 Customer Concentration % of revenue from operations |
||||
| Top 10 Supplier Concentration % of total purchases |
||||
Extracted by Screener AI
Documents
Announcements
-
Reply to Clarification- Financial results
9 July 2026 - FY26 audited results approved; CARE report showed no deviation in IPO utilisation.
-
Clarification - Financial Results
29 June 2026 - Exchange has sought clarification from Shivashrit Foods Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
-
Disclosure under SEBI Takeover Regulations
22 June 2026 - Nishant Singhal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
-
Statement of deviation(s) or variation(s) under Reg. 32
30 May 2026 - 70.03 Cr IPO proceeds statement shows deviation approved on 20 Mar 2026; expansion project shifted to Madrak Unit.
-
Outcome of Board Meeting
30 May 2026 - Board approved audited FY26 and half-year results; auditors issued unmodified opinion.
Concalls
-
Nov 2025TranscriptAI SummaryPPT
Business Profile[1]
Shivashrit Foods Limited (SFL) is engaged in the manufacturing, supply, and export of potato flakes. It operates primarily on a B2B model, serving food and snack manufacturers globally and domestically, and has recently ventured into the B2C retail segment (Dec 2024) under a new consumer brand.