ADF Foods Ltd (ADFFOODS) — shareholding pattern, promoter holding, financials and share price
About ADF Foods Ltd (ADFFOODS)
ADF Foods Ltd operates in the Packaged Foods industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as ADFFOODS and on the BSE under scrip code 519183. Its ISIN is INE982B01027.
ADF specializes in the production and export of a variety of traditional Indian food products, including pickles, chutneys, pastes, sauces, ready-to-eat meals, frozen, and canned foods. Its market spans Europe, the US, Australia, and the Gulf. Additionally, ADF Foods UK Limited and ADF Holding USA Limited operate as agents distributing FMCG products in the USA and UK respectively.
ADF Foods Ltd. is an Indian prepared ethnic foods manufacturer and exporter with a 90-year-plus legacy making frozen foods, ready-to-eat and ready-to-cook products, operating two manufacturing plants (Nadiad, Nasik), 400+ SKUs and selling across 55+ countries under brands including Ashoka, Truly Indian, ADF Soul, Camel and Aeroplane.
Q3 FY26 delivered record consolidated revenue of INR 191.0 crores (up 29.5% YoY) and consolidated EBITDA of INR 37.1 crores, driven by new retail listings and improved product mix; management reports 70–75% weighted average capacity utilisation with incremental throughput expected from Surat Phase 1 commissioning in Q4 FY26.
Listed peers in Packaged Foods: Mrs Bectors Food Specialities Ltd, Gopal Snacks Ltd, Prataap Snacks Ltd, Tasty Bite Eatables Ltd, Amir Chand Jagdish Kumar (Exports) Ltd, Lotus Chocolate Company Ltd.
Valuation & Returns
10 Jul 2026At ₹320.5 a share on 10 Jul 2026, ADF Foods Ltd (ADFFOODS) was valued at a price-to-earnings ratio of 39.16x against an industry P/E of 45.12x and a price-to-book of 7.15x on a book value of ₹44.84 per share as of Mar 2025. Solomo computes return on equity of 18.25% and return on capital employed of 22.25% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 39.16x
- Industry P/E
- 45.12x
- P/B
- 7.15x
- EPS (TTM)
- ₹8.18
- Book value / share
- ₹44.84
- ROE
- 18.25%
- ROCE
- 22.25%
- ROA
- 14.31%
- Debt / equity
- 0.12x
- Dividend yield
- 0.37%
- EBITDA margin
- 21.07%
- 52-week range
- ₹153.65 – ₹346.95
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, ADF Foods Ltd (ADFFOODS) reported revenue of ₹683 crore, net profit of ₹90 crore and earnings per share of ₹8.18. That compares with revenue of ₹590 crore and net profit of ₹69 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹197 crore and net profit ₹26 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 421 | 450 | 520 | 590 | 683 |
| Net profit (₹ cr) | 49 | 56 | 74 | 69 | 90 |
| EPS (₹) | 4.59 | 5.1 | 6.85 | 6.3 | 8.18 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 12.87% | 19.73% | 16.57% | 13.31% |
| Profit growth | 21.30% | 20.57% | 24.56% | -6.14% |
| Stock price CAGR | 33% | 12% | 11% | 9% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 36.13% of ADF Foods Ltd (ADFFOODS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 11.6% and domestic institutional investors (DII) hold 21.3%. Market capitalisation was ₹3,521 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Authum Investment And Infrastructure Limited 14.32%, Sixth Sense India Opportunities III 6.26%, Infinity Portfolio Holdings 5.76%, Infinity Direct Holdings 4.55%, Dovetail India Fund Class 5 Shares 3.5%, Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 2.44%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 36.13% | - | 11.6% | 21.3% | 63.87% |
| Mar 2026 | 36.13% | - | 11.55% | 23.21% | 63.87% |
| Dec 2025 | 36.13% | - | 11.31% | 23.11% | 63.87% |
| Sep 2025 | 36.13% | 1.3% | 11.3% | 23.1% | 63.87% |
| Jun 2025 | 36.13% | 4.3% | 11.29% | 22.71% | 63.87% |
| Mar 2025 | 36.13% | 4.3% | 9.85% | 23.66% | 63.87% |
| Dec 2024 | 36.13% | 4.3% | 10.06% | 23.65% | 63.87% |
| Sep 2024 | 36.17% | 6% | 9.55% | 22.93% | 63.83% |