Shivashrit Foods Ltd
Incorporated in August 2017, Shivashrit Foods Limited manufactures, supplies, and exports potato flakes.[1]
- Market Cap ₹ 218 Cr.
- Current Price ₹ 120
- High / Low ₹ 148 / 96.0
- Stock P/E 15.5
- 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 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Installed Capacity MT per Annum |
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| Capacity Utilization Rate % |
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| Utilized Capacity (Production Volume) MT per Annum |
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| Inventory Holding Days Days |
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| Number of Farmers in Supply Network Number |
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Extracted by Screener AI
Documents
Announcements
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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.
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Outcome of Board Meeting
30 May 2026 - Board approved audited FY26 and half-year results; auditors issued unmodified opinion.
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Outcome of Board Meeting
30 May 2026 - Board approved audited FY26 results on 30 May 2026; auditors issued unmodified opinion.
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Structural Digital Database
27 May 2026 - Shivashrit Foods files SDD compliance certificate for FY ended March 31, 2026.
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Monitoring Agency Report
15 May 2026 - CARE Ratings report for March 31, 2026 notes no deviation; ₹61.29 crore IPO proceeds largely utilized, capex delayed.
Concalls
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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.