ADF Foods Ltd Stock Analysis

BSE: 519183 | NSE: ADFFOODS | Consumer Food | Small Cap

BSE Share Price Jan 21, 18:01
864.40 -19.55 (-2.21%)

DeciZen - Make an Informed Decision on ADF Foods

Overall Rating

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

FAQ's

1. Is ADF Foods Ltd a good quality company?

Data is not available for this company.

2. Is ADF Foods Ltd undervalued or overvalued?

The key valuation ratios of ADF Foods Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is ADF Foods Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of ADF Foods Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of ADF Foods:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 8.8%8.8%7.1%5.7%6.9%6.3%8%15.3%12.1%13.7%-
Value Creation Index -0.4-0.4-0.5-0.6-0.5-0.6-0.40.1-0.1-0.0-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 112130142149161165164188194237271
YoY Gr. Rt. %-15.3%9.4%5.4%7.4%3%-1%14.6%3.7%21.7%-
Adj EPS 5.86.15.54.45.65.67.415.813.518.121.4
YoY Gr. Rt. %-5.4%-10.3%-20%28.2%-0.9%32.8%113.8%-14.1%33.8%-
BVPS (₹) 63.270.674.679.785.993.198.1104.9115.4134.6153.3
Adj Net Profit 11.713.4129.612.311.815.631.627.136.343
Cash Flow from Ops. 8.2-0.222.6-344.317.821.424.335.525.9-
Debt/CF from Ops. 2-130.30.7-2.50.10.30.100.70-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 8.6%8.1%13.1%21.7%
Adj EPS 13.5%26.5%35%33.8%
BVPS 8.89.411.116.7
Share Price 31% 42.5% 48.9% 42%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 9.39.47.55.66.76.17.715.112.31414.8
Op. Profit Mgn % 1915.316.613.817.212.910.919.619.82221.3
Net Profit Mgn % 10.410.38.56.47.77.19.616.813.915.315.8
Debt to Equity 0.10.20.1000000.100
Working Cap Days 190208224244237196184174178160204
Cash Conv. Cycle 120121111103102991059810189170

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.80%

Sales growth is growing at healthy rate in last 3 years 13.08%

Net Profit is growing at healthy rate in last 3 years 34.97%

Sales growth is good in last 4 quarters at 38.97%

No data to display

Latest Financials - ADF Foods Ltd.

Standalone Consolidated
TTM EPS (₹) 21.4 26.2
TTM Sales (₹ Cr.) 271 397
BVPS (₹.) 153.3 148.7
Reserves (₹ Cr.) 287 278
P/BV 5.64 5.80
PE 40.49 32.98
From the Market
52 Week Low / High (₹) 589.95 / 1049.00
All Time Low / High (₹) 2.40 / 1049.00
Market Cap (₹ Cr.) 1,731
Equity (₹ Cr.) 20
Face Value (₹) 10
Industry PE 57.2

Management X-Ray of ADF Foods :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About ADF Foods Ltd

ADF Foods incorporated in 1992 as American Dry Fruits, is engaged in manufacturing, a wide range of canned, bottled and processed vegetables fruits and foods for the export and domestic markets. It was promoted by Hariram Mewawala Ramesh Thakkar and Kishore Thakkar.

History

Company started its journey in the year 1932 by opening a retail store and also manufacturing limited product range. Company started expanding and exploring business opportunity in coming years. Much later on March 1992 the company was incorporated as public limited company. Today the company procures natural ingredients, manufactures, distributes and markets Indian Foods.

Currently, the company manufactures and processes a wide range of canned, bottled and processed vegetables fruits and foods for the export and domestic markets with a manufacturing capacity of 12,600 tpa. Company has several tie-ups in UK, US, Middle East, Australia, Canada and Asia, to ensure extensive distribution of products.

Company is strengthening its research and development department to develop new products and processes.  Company is continuously evolving upgradation and development of existing recipes.

Company has received ISO9001:2002 from Hazard Analysis and Critical Control Point (HACCP) for its quality management. Company operates wholly owned subsidiaries ADF Foods UK and Power Brand (Foods).

Products

The products of the company include pickles, chutneys, frozen vegetables, pastes, mango products, frozen entrees, instant mix, frozen wraps, flavoured water, tamarind products, ready meals and poppadum. New launch- During the fiscal year ended March 31, 2008 (fiscal 2008), the Company completed the launching of khansaamaf.The products of the company are sold under Ashoka, Aeroplane, Camel and Truly Indian brands.

Awards

ADF Foods won award under the Best FMCG (Fast Moving Consumer Goods) Company in the Agri Business Sector (SME) at The DHL CNBC TV18 International Trade Awards 2008-09.

Company won ‘Best Overall Exporter of the Year Award’ under Small Medium Enterprise (SME) sector for the year 2008-09

Future plan

ADF Foods R&D unit is engaged in developing new products and processes under ready-to eat segment. Due to this company will continuously launch new products to widen its product portfolio.

Read More Read Less