SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Dindigul Farm Product Ltd (544201)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544201 NSE: Consumer Food | Small Cap | Dindigul Farm Prod. Share Price

₹17 0.80 (4.94%)

As on 02-Jul'26 16:59

Dindigul Farm Product Ltd (544201)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544201 NSE: Consumer Food | Small Cap | Dindigul Farm Prod. Share Price

₹17 0.80 (4.94%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹42 Cr.
Current Price
₹17
52-Week Low / High
₹10 / 25
TTM EPS
₹1.5
TTM Sales
₹90 Cr.
Book Value per Share
₹14.4
P/E Ratio
11.16
Higher than its 5-year historical median
Industry PE
57
Price to Book (P/B)
1.18
Lower than its 5-year historical median
Price to Sales (P/S)
0.46
Lower than its 5-year historical median
EV/EBITDA
7.35
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-24.65%
Underperforms industry median
Return on Capital Employed (ROCE)
-3.86%
Underperforms industry median
Return on Assets (ROA)
-9.59%
Operating Profit Margin
-0.8%
Net Profit Margin
-9.05%
Gross Profit Margin
-4.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-27.45%
Operating Profit Growth (1 Year)
-
-103.94%
Net Profit Growth (1 Year)
-
-164.19%
Asset Quality
Promoter Holding
59.36%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹11 Cr.
Equity
₹24.4 Cr.
Face Value
₹10
All Time Low / High
₹9.91 / 144.20

Dindigul Farm Product stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Dindigul Farm Product Ltd a good quality company?
Dindigul Farm Product Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Dindigul Farm Product Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Dindigul Farm Product Ltd vs industry peers?
Dindigul Farm Product Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 7.03%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Dindigul Farm Product Ltd?
Promoters hold 59.36% of the Dindigul Farm Product Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Dindigul Farm Product Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -29.64% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

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

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.
Dindigul Farm Product Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -57.1%-132.6%262.4%58.8%-3.9%-
Value Creation
Index
NANA17.73.2-1.3-

Growth Parameters

Sales 17.628.381.685.562.190
Sales YoY Gr.-60.6%188.1%4.8%-27.5%-
Adj EPS -3.2-3.83.54.9-2.31.5
YoY Gr.-NANA38.1%-147.5%-
BVPS (₹) -12.1-15-11.45.814.414.4
Adj Net
Profit
-4.6-5.45.18.7-5.64
Cash Flow from Ops. 3.116.3-7.5-12.4-
Debt/CF from Ops. 7.120.43.8-2.5-1.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA29.9%-27.5%
Adj EPS NANANA-147.5%
BVPSNANANA150.6%
Share Price - - - -34.1%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
26.627.8-26.6-288.7-24.710.6
Op. Profit
Mgn %
-4.8-5.411.415.2-0.8NAN
Net Profit
Mgn %
-26.3-19.16.210.2-9.14.1
Debt to
Equity
-1.2-0.9-1.51.80.5-
Working Cap
Days
0174631202430
Cash Conv.
Cycle
0-132-51-40-220

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales17.6328.3281.5885.5362.05
Operating Expenses + 18.4729.8472.2972.5762.55
Manufacturing Costs3.194.2310.3213.3111.43
Material Costs11.8821.8157.2553.6845.12
Employee Cost 2.512.593.2544.08
Other Costs 0.891.211.471.581.92
Operating Profit -0.84-1.529.2912.96-0.51
Operating Profit Margin (%) -4.8%-5.4%11.4%15.1%-0.8%
Other Income + 0.780.130.420.030.78
Exceptional Items 01.73000
Interest 2.202.472.593.192.89
Depreciation 2.362.031.942.131.87
Profit Before Tax -4.62-4.175.177.66-4.48
Tax 000-1.081.13
Profit After Tax -4.62-4.175.178.74-5.61
PAT Margin (%) -26.2%-14.7%6.3%10.2%-9.1%
Adjusted EPS (₹)-3.2-2.93.64.9-2.3
Dividend Payout Ratio (%)0%0%0%0%0%

Valuation of Dindigul Farm Prod. - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + -17.43-21.63-16.3810.3435.21
Share Capital 14.3814.3814.3817.9824.43
Reserves -31.81-36.01-30.77-7.6410.78
Debt +21.3619.4523.431917.50
Long Term Debt21.3619.4519.6114.7215.95
Short Term Debt003.814.281.55
Minority Interest00000
Trade Payables19.7620.2719.3622.4010.33
Others Liabilities 5.976.602.3211.29
Total Liabilities 29.6724.6928.7252.7364.33

Fixed Assets

Net Fixed Assets +1411.9612.7811.4814.46
Gross Block33.2333.2035.9536.7941.64
Accumulated Depreciation19.2321.2423.1725.3127.18
CWIP 00.1200.587.30
Investments 0.580.150.220.220.25
Inventories7.384.978.8914.547.71
Trade Receivables3.023.521.762.613.83
Cash Equivalents 0.590.030.050.020.02
Others Assets 4.103.945.0223.2830.77
Total Assets 29.6724.6928.7252.7364.33

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 3.060.986.30-7.52-12.43
PBT -4.62-4.175.177.66-4.48
Adjustment 4.492.654.515.314.35
Changes in Working Capital 3.192.49-3.35-20.5-12.3
Tax Paid 00-0.02-00
Cash Flow From Investing Activity + -0.732.29-2.63-1.59-11.19
Capex -0.680.17-2.65-1.41-11.58
Net Investments 01.9100-0.03
Others -0.050.210.02-0.180.41
Cash Flow From Financing Activity + -2.34-3.83-3.669.0923.61
Net Proceeds from Shares 00017.9930.41
Net Proceeds from Borrowing 00000
Interest Paid -2.20-2.46-2.58-3.19-2.86
Dividend Paid 00000
Others -0.15-1.37-1.08-5.71-3.95
Net Cash Flow -0.01-0.560.02-0.03-0

Financial Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/AN/A0-24.65
ROCE (%)N/AN/AN/A58.78-3.86
Asset Turnover Ratio0.591.043.062.11.06
PAT to CFO Conversion(x)N/AN/A1.22-0.86N/A
Working Capital Days
Receivable Days62.6042.2011.809.3018.90
Inventory Days152.8079.60315065.50
Payable Days607.20335126.30142132.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Dindigul Farm Product Ltd FAQs

The current trading price of Dindigul Farm Prod. on 02-Jul-2026 16:59 is ₹17.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jul-2026 the market cap of Dindigul Farm Prod. stood at ₹41.53 Cr

The latest P/E ratio of Dindigul Farm Prod. as of 01-Jul-2026 is 11.16.

The latest P/B ratio of Dindigul Farm Prod. as of 01-Jul-2026 is 1.18.

The 52-week high of Dindigul Farm Prod. is ₹25.41 and the 52-week low is ₹9.91.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dindigul Farm Prod. is ₹90.04 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Dindigul Farm Product Ltd is a below average quality company.

The key valuation ratios of Dindigul Farm Product Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

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

About Dindigul Farm Product Ltd

Dindigul Farm Product Limited was incorporated as ‘Dindigul Farm Product Private Limited’ under the Companies Act, 1956, pursuant to the certificate of incorporation issued by the RoC, Tamil Nadu, Coimbatore on September 29, 2010. The name of the Company was subsequently changed to ‘Dindigul Farm Product Limited’, upon conversion into a public company, pursuant to a board resolution dated November 18, 2023 and a shareholder resolution dated December 1, 2023, and a fresh certificate of change of name was issued on December 27, 2023 by ROC, Coimbatore.

Established in 2010, it is primarily engaged in processing of whole milk and skimmed milk to make dairy ingredients including, milk protein concentrates, skimmed milk powder, dairy whitener, whey protein concentrate, milk whey powder, casein, unbranded cream, butter and fat filled powders for infant milk formula. Its processing facility is situated at Dindigul and is spread over 15 acres. Its management system has been assessed and determined to comply with the requirements of Food Safety System Certification Scheme (FSSC) 22000. It also follows and complies with requirements of various relevant authorities in its industry such as Food Safety and Standards Authority of India (FSSAI), Halal, Kosher, Export Import Council of India, Europe Regulations in respect of certain of its products. It has also obtained registration cum membership certificate from Agricultural and Processed Food Products Export Development Authority.

It places significant emphasis on quality control and assurance processes across the business model ensuring and setting the right customer expectation and assurance models. The whole milk procured by it is tested by automatic Milk analysers placed at Village Level Milk Collection centers and a combined quality and sampling methods at Chilling Center Level. Its key products have received and tested in regular intervals by National Accreditation Board for Testing and Calibration Laboratories (NABL) approved food testing labs to comply the requirements of the above stated quality certifying / assuring / inspection authorities Like FSSC etc. Quality food safety forms a part of its policy. It has well defined documented quality system and Standard Operating procedures (SOPs) which are monitored at various stages of procurement and processing.

Business area of the company

The company is primarily engaged in processing of milk proteins, dairy ingredients and infant milk formulae including, milk protein concentrates, skimmed milk powder, dairy whitener, whey powder, milk whey powder, acid casein, sodium caseinate, fat filled powders and infant milk powders.

Products categories

  • Products for new age nutrition, protein fortification, taste and texture enhancing
  • Products for FAT and SNF Standardization
  • Products for baking and SMP replacement applications
  • Products for legacy nutrition application containing only casein
  • Products for fast release nutrition application containing only whey proteins

History and milestones

  • 2010: Incorporation of company 2014.
  • 2015: Production started of skimmed milk powder, milk protein concentrate and whey powder. 
  • 2016: FSSC 22000 Certification; Started production of dairy whitener. 
  • 2019: Entered into supply cum technology sharing agreement with a French Company and its Indian subsidiary to manufacture and supply fat filled powders for infant milk formula production. 
  • 2022: Commenced Exports; Became subsidiary of Indrayani Biotech Limited.

You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: