Mishtann Foods Ltd
Incorporated in 1981 Mishtann Foods Ltd does manufacturing and processing of Rice, wheat, etc.[1]
- Market Cap ₹ 489 Cr.
- Current Price ₹ 4.54
- High / Low ₹ 7.79 / 2.97
- Stock P/E 129
- Book Value ₹ 2.70
- Dividend Yield 0.00 %
- ROCE 3.71 %
- ROE 2.36 %
- Face Value ₹ 1.00
Pros
- Company's median sales growth is 27.4% of last 10 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -6.27% over past five years.
- Company has a low return on equity of 12.4% over last 3 years.
- Dividend payout has been low at 0.07% of profits over last 3 years
- Company has high debtors of 378 days.
- Promoter holding has decreased over last 3 years: -6.29%
- Working capital days have increased from 224 days to 322 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 116 | 256 | 388 | 482 | 482 | 351 | 499 | 650 | 322 | 348 | 284 | |
| 0 | 0 | 113 | 249 | 374 | 458 | 476 | 344 | 447 | 568 | 295 | 337 | 276 | |
| Operating Profit | 0 | 0 | 2 | 7 | 13 | 23 | 6 | 7 | 52 | 83 | 27 | 12 | 8 |
| OPM % | 23% | 2% | 3% | 3% | 5% | 1% | 2% | 10% | 13% | 8% | 3% | 3% | |
| 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 1 | 3 | 3 | 4 | 4 | 5 | 4 | 5 | 4 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 |
| Profit before tax | 0 | 0 | 1 | 2 | 8 | 18 | 0 | 1 | 47 | 77 | 22 | 9 | 6 |
| Tax % | 40% | 30% | 44% | 32% | 33% | 0% | 28% | 34% | 35% | 36% | 35% | ||
| 0 | 0 | 0 | 1 | 6 | 12 | 0 | 1 | 31 | 50 | 14 | 6 | 4 | |
| EPS in Rs | 0.00 | 0.00 | 0.02 | 0.06 | 0.09 | 0.11 | 0.00 | 0.01 | 0.30 | 0.48 | 0.13 | 0.06 | 0.04 |
| Dividend Payout % | 0% | 0% | 0% | 1% | 2% | 167% | 7% | 1% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 109% |
| 5 Years: | -6% |
| 3 Years: | -11% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 65% |
| 5 Years: | 188% |
| 3 Years: | -42% |
| TTM: | -47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | -15% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 14% |
| 3 Years: | 12% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 31 | 50 | 50 | 50 | 50 | 100 | 103 | 108 | 108 |
| Reserves | 0 | 0 | 0 | 2 | 7 | 19 | 19 | 20 | 51 | 50 | 116 | 182 | 184 |
| 1 | 3 | 28 | 35 | 30 | 39 | 50 | 54 | 41 | 60 | 47 | 47 | 46 | |
| 0 | 0 | 7 | 4 | 9 | 6 | 15 | 4 | 19 | 48 | 48 | 48 | 171 | |
| Total Liabilities | 11 | 13 | 46 | 50 | 77 | 115 | 134 | 128 | 161 | 258 | 314 | 385 | 508 |
| 0 | 0 | 9 | 8 | 10 | 8 | 7 | 6 | 5 | 4 | 4 | 3 | 3 | |
| CWIP | 0 | 2 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 11 | 12 | 36 | 38 | 67 | 106 | 127 | 122 | 156 | 254 | 310 | 382 | 505 | |
| Total Assets | 11 | 13 | 46 | 50 | 77 | 115 | 134 | 128 | 161 | 258 | 314 | 385 | 508 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -5 | -19 | -3 | -23 | -9 | 3 | -5 | -12 | -3 | -54 | -65 | ||
| -2 | -9 | -5 | -0 | 0 | 0 | -0 | 0 | -0 | -0 | -0 | ||
| 2 | 25 | 7 | 23 | 9 | -3 | 5 | 12 | 2 | 54 | 65 | ||
| Net Cash Flow | -5 | -2 | 0 | -0 | 0 | -0 | 0 | 0 | -0 | -0 | 0 | |
| Free Cash Flow | -7 | -27 | -8 | -23 | -9 | 3 | -5 | -12 | -3 | -54 | -65 | |
| CFO/OP | -10,920% | -796% | -37% | -152% | -14% | 48% | -73% | 8% | 29% | -169% | -534% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 53 | 0 | 29 | 43 | 75 | 84 | 73 | 124 | 294 | 378 | |
| Inventory Days | 16,724 | 45 | 54 | 33 | 32 | 20 | 42 | 33 | 18 | 31 | 3 | |
| Days Payable | 1,128 | 18 | 1 | 2 | 0 | 4 | 3 | 2 | 2 | 3 | 2 | |
| Cash Conversion Cycle | 15,595 | 80 | 53 | 61 | 75 | 92 | 123 | 104 | 140 | 322 | 379 | |
| Working Capital Days | 8,876 | 33 | 17 | 37 | 47 | 46 | 71 | 72 | 91 | 259 | 322 | |
| ROCE % | 0% | 0% | 5% | 13% | 20% | 24% | 4% | 5% | 38% | 46% | 11% | 4% |
Insights
In beta| Sep 2021 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Retailer Presence Number |
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| Rice Processing Capacity MT per hour |
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| States Presence in India Number |
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| Number of Super Stockists Number |
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| Contract Farmers Number |
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| Indirect Procurement Farmers Number |
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| Rice Processing Capacity Utilization MT per hour |
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Documents
Announcements
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Reply To The Clarification Sought On Price Movement Of Shares
7 Apr - April 7, 2026 clarification: no pending material information; share price movement market-driven.
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Clarification sought from Mishtann Foods Ltd
7 Apr - Exchange has sought clarification from Mishtann Foods Ltd on April 07, 2026, with reference to Movement in Price.
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
3 Apr - Company Secretary and Compliance Officer Jaishree Maheshwari resigned effective close of business on 03 April 2026.
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Closure of Trading Window
23 Mar - Trading window closed April 1, 2026 until 48 hours after audited results for quarter/year ending March 31, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - Newspaper publication for the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025 has been attached herewith.
Annual reports
Concalls
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Nov 2024TranscriptPPT
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Oct 2021Transcript PPT
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Jul 2019TranscriptAI SummaryPPT
Product Portfolio
The company is involved in processing, manufacturing, and exporting various types of rice, including brown rice and aged 1121-grade basmati rice, under premium brands like Snowflake and Pristino; mid-range brands such as Jasper and Jasper Tiber; and value-for-money brands like Rozana, Shahryar, and Mahabat. Additionally, it has ventured into value-added products, including regular salt, rock salt, wheat, and pulses [1] [2] [3]
The company's total revenue grew by 158% between FY22 and FY24, primarily driven by contributions from the newly incorporated subsidiary, strong demand for various products in both domestic and international markets, and revenue from new product lines, including rock salt and crystal salt launched in FY23, as well as Himalayan pink salt launched in FY24. [4] [5] [6]