Hoac Foods IndiaShare price, financial results, shareholding and management
- Market cap
- ₹412 cr
- Stock P/E
- 93.5peers 11.5
- Book value
- ₹57.9
- Price to book
- 16.41
- EV / operating profit
- 59.4
- Market cap to sales
- 8.23
- ROCE · FY26
- 29.2%
- ROE · FY26
- 24.2%
- ROE, 3-year average
- 33.4%
- Operating margin · FY26
- 13.8%peers 9.7%
- Sales growth, 3 years
- 60.6%
- Profit growth, 3 years
- 106.6%
- Debt to equity
- 0.24peers 0.58
- Borrowings
- ₹6.1 cr
- Interest cover
- 8.4×
- Cash from business / op. profit
- -61%
- Debtor days
- 58
- Pledged
- 0.00%
- Promoter holding
- 62.08%
- Change in promoter holding
- 0.00 pts
- Shareholders
- 874
- 52-week high / low
- ₹1,110 / ₹260
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
Hoac Foods India share price chart
Close on 6 Nov 2026 · +4.99% on the day · Vol 3,500
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- +0.2%
- 3 months
- +30.2%
- 6 months
- +86.8%
- 1 year
- +245.3%
- Since IPO
- +1879.5%
- Traded a day, 20 days
- ₹0.31 cr
- Taken for delivery
- 96%
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +89% | +77% |
| 3 years, a year | +61% | +107% |
| Latest half, H2 FY26 | +84% | +66% |
About Hoac Foods India: business, products and customers
Hoac Foods India sells freshly milled atta, spices, rice, pulses and cooking oils under the Hariom Atta and Spices brand. It reaches households through its own and franchise stores, an app and phone orders, kirana shops through distributors, and Indian grocery chains abroad, and its shares trade on NSE Emerge.
Hoac Foods India purchases wheat, gram, millets, mustard and spices, cleans and mills them in its own plant and packs them without preservatives. Flour is about half of sales, with grains, rice, oils, spices, pulses and newer items such as badi, pickles and papad making up the rest. It sells in Delhi, Gurugram, Noida and Bhopal through company and franchise stores, home delivery from the nearest store, and a general trade channel of distributors and kirana shops, and it ships containers to Indian grocery chains in the UK, US, Canada and Australia, partly under buyers' own labels.
The channel decides the margin. The Chairman put gross margin at about 35% in its own stores against about 20% to 22% in general trade, where a new brand pays distributors extra margin and gives 30 to 40 days of credit to win shelf space. Because wheat and mustard are purchased in season and kept as grain until milled to order, money sits in stock for months at a time, and purchasing out of season when demand ran ahead cost it margin in FY26.
Read more about the business
The offer document names listed spice and grocery makers NHC Foods, Madhusudan Masala and Srivari Spices and Foods among its competitors, along with spice brands such as MDH, Everest, Ramdev and Hathi Masala and many local mills. What is new: a larger plant being built in Madhya Pradesh, a first store outside Delhi NCR in Bhopal, exports from FY26, and a 51% stake in Rajdhara Foods.
From the offer document, the 2025-26 annual report, the May 2026 earnings call and the results for the June 2026 quarter.
Read the deeper study ↓In its favour
- Sales have grown very fast: 61% a year over three years.
- It earns a high return on the money it uses: ROCE 29% in FY26.
- It has little debt for its size: debt to equity 0.24.
- The promoters own a large part of the company: 62.08%.
To watch
- Start of production at the new plant, which the Chairman expected about one and a half months after May 2026 (Earnings call, May 2026, p.5 and p.10).
- Nine to ten new stores and 15 to 20 new products in FY27 (Earnings call, May 2026, p.5 and p.10).
- EBITDA margin against the 15% to 16% the Chairman expects (Earnings call, May 2026, p.11 and p.13).
- Collection days in general trade as more sales move through distributors (Earnings call, May 2026, p.8).
- Customers take longer to pay than before: 58 days in FY26, against 6 in FY20.
From the company's documents first, then the reported figures read by fixed rules, the same for every company. Facts, not a view on the shares.
Hoac Foods India revenue and profit growth
Half-yearly results · Profit and lossSales have grown very fast. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.
Hoac Foods India half-yearly results
SME companies report every six months · ₹ crore
| H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|
| Sales | 15.45 | 21.73 | 28.38 |
| Expenses | 12.91 | 18.53 | 24.65 |
| Operating profit | 2.54 | 3.20 | 3.73 |
| OPM | 16.4% | 14.7% | 13.2% |
| Interest | 0.35 | 0.45 | 0.36 |
| Depreciation | 0.16 | 0.22 | 0.22 |
| Profit before tax | 2.12 | 2.65 | 3.41 |
| Net profit | 1.48 | 1.95 | 2.46 |
Hoac Foods India profit and loss
Full years to March, FY20 to FY26 · ₹ crore, consolidated where reported
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Sales | 6.29 | 7.42 | 10.87 | 12.10 | 15.63 | 26.48 | 50.11 |
| Expenses | 6.15 | 7.03 | 10.30 | 10.92 | 13.80 | 22.39 | 43.18 |
| Operating profit | 0.14 | 0.39 | 0.57 | 1.18 | 1.83 | 4.09 | 6.93 |
| OPM | 2.2% | 5.3% | 5.2% | 9.8% | 11.7% | 15.4% | 13.8% |
| Other income | 0.05 | 0.04 | 0.07 | 0.11 | 0 | 0.16 | 0.38 |
| Interest | 0.09 | 0.22 | 0.20 | 0.29 | 0.34 | 0.49 | 0.82 |
| Depreciation | 0.01 | 0.03 | 0.06 | 0.18 | 0.13 | 0.29 | 0.44 |
| Profit before tax | 0.09 | 0.18 | 0.38 | 0.82 | 1.36 | 3.47 | 6.06 |
| Tax rate | 22.2% | 27.8% | 26.3% | 39.0% | 25.0% | 28.2% | 27.2% |
| Net profit | 0.07 | 0.13 | 0.27 | 0.50 | 1.02 | 2.49 | 4.41 |
| EPS ₹ | 7 | 13 | 12.44 | 23.04 | 3.79 | 6.76 | 10.46 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Hoac Foods India profitability
Margins and returns on capitalLast year the company kept about as much from each rupee of sales as the year before. It earns a high return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 2.2% | 5.3% | 5.2% | 9.8% | 11.7% | 15.4% | 13.8% |
| Tax rate | 22.2% | 27.8% | 26.3% | 39.0% | 25.0% | 28.2% | 27.2% |
| ROCE | · | 36.7% | 28.6% | 37.7% | 37.6% | 36.9% | 29.2% |
| ROE | · | 50.0% | 41.5% | 40.5% | 42.1% | 33.8% | 24.2% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Hoac Foods India debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown fast. Its loans are smaller than its own money. Last year the business used more cash than it brought in. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers take about as long to pay as they did in FY24.
Bars below the line are cash going out.
Hoac Foods India balance sheet
At each 31 March · ₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Equity capital | 0.10 | 0.10 | 0.22 | 0.22 | 2.69 | 3.84 | 4.34 |
| Reserves | 0.10 | 0.22 | 0.76 | 1.27 | 0.66 | 7.54 | 20.77 |
| Net worth | 0.20 | 0.32 | 0.98 | 1.49 | 3.35 | 11.38 | 25.12 |
| Borrowings | 0.38 | 1.28 | 1.48 | 1.94 | 2.26 | 4.47 | 6.10 |
| Other liabilities | 0.47 | 0.48 | 1.13 | 1.47 | 2.36 | 4.38 | 4.35 |
| Total liabilities | 1.05 | 2.08 | 3.59 | 4.90 | 7.97 | 20.23 | 35.57 |
| Fixed assets | 0.13 | 0.35 | 0.44 | 0.61 | 0.91 | 3.81 | 4.39 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 1.67 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 0.92 | 1.73 | 3.15 | 4.29 | 7.06 | 16.42 | 29.51 |
| Receivables | · | · | · | · | · | 8.45 | 8.01 |
| Inventory | · | · | · | · | · | 3.88 | 13.60 |
| Cash | · | · | · | · | · | 3.31 | 6.53 |
| Trade payables | · | · | · | · | · | 3.20 | 1.89 |
Hoac Foods India cash flow
₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | 0.37 | 0.04 | 0.02 | -0.51 | -0.29 | -1.20 | -4.22 |
| Cash from investing | -0.11 | -0.26 | -0.07 | -0.34 | -0.43 | -3.20 | -2.70 |
| Cash from financing | -0.19 | 0.42 | 0.09 | 0.59 | 0.83 | 7.28 | 10.14 |
| Net cash flow | 0.07 | 0.20 | 0.04 | -0.26 | 0.11 | 2.88 | 3.22 |
| Capital spending | · | · | · | · | · | 3.23 | 1.03 |
Working capital
Days
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 6 | 6 | 26 | 31 | 53 | 116 | 58 |
| Inventory days | 33 | 336 | 250 | 97 | 136 | 81 | 144 |
| Days payable | 30 | 145 | 181 | 44 | 61 | 67 | 20 |
| Cash conversion cycle | 9 | 198 | 95 | 84 | 127 | 131 | 183 |
| Working capital days | -6 | -4 | 5 | 35 | 64 | 66 | 104 |
Hoac Foods India peers and competitors
Listed SME companies in the same industryBy sales, Hoac Foods India is number 37 of the 43 listed SME companies in food products.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Italian Edibles | 40 | 9.9 | 99.5 | 4 | 8.1% | 0.79 |
| Dindigul Farm Product | 78 | 20.9 | 90 | 3.7 | 8.6% | 0.47 |
| Essex Marine | 73 | 11.5 | 60.7 | 6.4 | 12.0% | 0.55 |
| Q&T Foods | 23 | 4.3 | 54.8 | 5.2 | 15.5% | 0.90 |
| Hoac Foods India | 412 | 93.5 | 50.1 | 4.4 | 13.8% | 0.24 |
| Astron Multigrain | 15 | 4.4 | 48.4 | 3.5 | 10.8% | 0.09 |
| Papadmalji Agro Foods | - | - | 33.5 | 5.2 | 25.2% | 0.62 |
| Tapi Fruit Processing | 19 | - | 28.5 | -1.7 | 6.0% | 1.07 |
| Jay Kailash Namkeen | 26 | 21.6 | 17.5 | 1.2 | 18.3% | 0.77 |
| Chothani Foods | 11 | 97.9 | 8.3 | 0.1 | 4.9% | 0.10 |
| Artemis ADR Marketplace | 61 | - | 0.4 | -0.8 | -178.9% | 0.01 |
| Median of the 10 others | 26 | 11.5 | 41 | 3.6 | 9.7% | 0.58 |
Hoac Foods India shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company, a little less than in the first filing shown. Big foreign and Indian funds own very little. The number of shareholders has grown a lot.
Hoac Foods India shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| May 24 | Sep 24 | Mar 25 | Jul 25 | Sep 25 | Mar 26 | |
|---|---|---|---|---|---|---|
| Promoters | 69.94% | 70.10% | 70.12% | 62.08% | 62.08% | 62.08% |
| Foreign investors (FIIs) | 0.00% | 0.00% | - | 2.85% | 0.16% | - |
| Indian institutions (DIIs) | 0.00% | 0.00% | - | 8.61% | 0.71% | 0.50% |
| HNIs (over ₹2 lakh each) | 0.00% | 3.04% | 3.63% | 3.06% | 5.48% | 6.17% |
| Small holders (up to ₹2 lakh) | 25.61% | 17.88% | 18.70% | 18.20% | 26.27% | 27.08% |
| Companies and others | 4.45% | 8.98% | 7.55% | 5.20% | 5.30% | 4.17% |
| Number of shareholders | 362 | 228 | 339 | 519 | 786 | 874 |
The named holders are at 31 March 2026, beside 30 Sept 2025, each under the group the pattern files them in.
Hoac Foods India study: the business from its own documents
Read from 9 of the company's own documentsHoac Foods India so far
From the company's own record
- 24 May 2024Listed on NSE Emerge at ₹48
- 31 March 2026Promoters at 62.08%
- 14 Oct 2026Highest close since listing, ₹1,109.00
Hoac Foods India key facts from the filings
Each figure with the document it comes from
- Revenue
- ₹50.1 cr
- Consolidated revenue from operations in FY26, with profit after tax of ₹4.4 cr.Results for June 2026 quarter, p.4
- Latest quarter
- ₹20.0 cr
- Revenue in the June 2026 quarter, against ₹8.4 cr a year earlier; profit was ₹2.1 cr against ₹0.6 cr.Results for June 2026 quarter, p.4
- General trade share
- 52.3%
- Share of FY26 revenue from distributors and kirana shops; company stores gave 21.8%, franchise stores 18.7% and exports 7.2%.Earnings call, May 2026, p.7
- Gross margin by channel
- 35% vs 20% to 22%
- Gross margin in its own stores against general trade, as the Chairman stated.Earnings call, May 2026, p.14
- Atta plant in use
- 95%
- Use of the existing factory in May 2026, which is why a new plant is being built.Earnings call, May 2026, p.10
Show 5 more facts
- Monthly active customers
- 57,203
- In FY26, up from 33,668 a year before; total customers reached 1,20,000.Annual Report 2025-26, p.29
- Kirana reach
- Over 4,000
- Kirana stores reached through the general trade channel.Annual Report 2025-26, p.23
- Export containers
- 14
- Containers shipped in total to the UK, US and Australia; the Chairman says almost every container brings a repeat order.Annual Report 2025-26, p.23; Earnings call, May 2026, p.9
- New stores
- 8
- Stores opened in FY26; the company plans nine to ten more in FY27.Earnings call, May 2026, p.5
- Price against big brands
- ₹59 vs ₹62 a kg
- Its atta price in its own stores against a big brand of similar quality, as the Chairman stated.Earnings call, May 2026, p.6
What the company said, and what happened
The company's own statements, attributed, set against what it later reported; not newboard's estimates
On the May 2026 call, Chairman Yashwant Thakur said the new plant was about 75% built and should start production in about one and a half months, lifting atta capacity from about 10 tonnes a shift to 40 to 50 tonnes, with a peanut oil line of 4,000 litres a day. The Chairman said the company plans nine to ten new stores and 15 to 20 new products in FY27, expects EBITDA margin of 15% to 16%, and gave no revenue guidance for FY27.
| What management said | When | What happened |
|---|---|---|
| Revenue of about ₹55 cr in FY26 | November 2025 call | ₹50.1 cr |
| Four to five more franchise stores by March 2026 | November 2025 call | Eight new stores opened in FY26 |
Is it a good business? Six questions
Each answer is about that one question, read from the documents; tap one for the evidence. Not a view on the shares.
Hoac Foods India earns a milling and packing margin on everyday staples, highest in its own stores, and it has grown fast by adding general trade and exports.
Its weak spots are thinner margins in general trade, money tied up in seasonal grain stock, and a crowded market full of big brands and local mills.
AverageCan it set its own prices?It prices just below big brands in its own stores and at market rates in general trade, so it has little room to charge more.
WatchHow strong is it against rivals?Freshly milled flour and its own stores set it apart locally, but staples and spices are crowded with national brands and local mills.
StrongWho are its customers?It sells to a large number of households and small shops, so no one buyer dominates.
WatchDoes it need a lot of money?It holds months of grain in stock, gives credit in general trade, and is building a new plant partly with borrowed money.
StrongCan it keep finding new work?It keeps adding stores, distributors, export buyers and new products, and the existing plant is nearly full.
AverageDo good and bad years swing a lot?Households use atta and spices every day, so demand is steady, but wheat and mustard prices move its margins.
Who runs Hoac Foods India?
Promoters, directors and officers; tap a name for the background
RTRambabu ThakurFounder Promoter and Managing Director
Completed higher secondary education and had more than five years in the FMCG business at the time of the offer; on the board since the company was formed and responsible for overall management and all aspects of production. The offer document states that Rambabu Thakur is the spouse of Gaytri Thakur and that Yashwant Thakur is their son.
Offer document, p.144 and p.145; Annual Report 2025-26, p.72GTGaytri ThakurPromoter and Executive Director
On the board since the company was formed, with more than five years in the industry overseeing the quality of raw and finished spices and managing spice recipes.
Offer document, p.144 and p.145; Annual Report 2025-26, p.72YTYashwant ThakurPromoter, Chairman and Non-Executive Director
Was pursuing business administration in retailing at Shivaji College, Delhi at the time of the offer; leads marketing and branding and oversees the owned and franchise stores, and speaks for the company on earnings calls. Also a director of Hoac Exports and Rajdhara Foods.
Offer document, p.144, p.145 and p.157; Annual Report 2025-26, p.72MGMukesh GargIndependent Director
Bachelor of Arts from the University of Delhi, with more than ten years in FMCG sales.
Offer document, p.144 and p.145MMamtaIndependent Director
Bachelor of Arts (Hons) in psychology from Jai Prakash University, Chapra, with three years in marketing, earlier as a sales and marketing head.
Offer document, p.145MSManish SharmaChief Financial Officer
Named as Chief Financial Officer in the 2025-26 annual report.
Annual Report 2025-26, p.72Hoac Foods India latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹28.4 cr (+84%), net profit ₹2.5 cr (+66%) on H2 FY25.
- Shareholding, 31 March 2026: promoters unchanged at 62.08%.
Hoac Foods India announcements
104 on record, latest first; each opens the filing on the exchange
- General UpdatesBusiness Update for the 1st Half of Financial Year 2026-27 - Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("ListingPDF ↗
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Certificate under SEBI (Depositories and Participants) Regulations, 2018PDF ↗
- Shareholders meetingDeclaration of Voting Results along with Scrutinizer's Report under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, PDF ↗
- Shareholders meetingProceedings of the 08th Annual General Meeting (AGM) of the Company for F.Y. 2025-26 held on Wednesday, September 30, 2026PDF ↗
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- General UpdatesRegulation 30 of SEBI (LODR) Regulations, 2015 - Outcome of participation in Arihant Capital Bharat Connect Virtual Conference Rising Star 2026 held on Friday, PDF ↗
- General UpdatesOutcome of Analyst/ Institutional Investor Meeting held on September 22, 2026PDF ↗
- General UpdatesRegulation 30 of SEBI (LODR) Regulations, 2015 - Intimation of Participation in Arihant Capital Bharat Connect Virtual Conference Rising Star 2026 on Friday, 17PDF ↗
- General UpdatesGeneral UpdatesPDF ↗
- Copy of Newspaper PublicationRegarding information on 08th Annual General Meeting of the CompanyPDF ↗
- Shareholders meetingNotice of Annual General Meeting to be held on September 30, 2026PDF ↗
- Outcome of Board MeetingHeld on September 08, 2026PDF ↗
Hoac Foods India annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
Hoac Foods India share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on Hoac Foods India's data · 9
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (43,40,460 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- !Earnings per share changes basis between FY23 (₹23.04) and FY24 (₹3.79) because the share count behind it changes; EPS is shown as reported, and growth is worked out on profit.
- ✓Revenue and profit are reported for every year shown, FY20 to FY26.
- iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.
Questions people ask about Hoac Foods India
What does Hoac Foods India do?
Hoac Foods India sells freshly milled atta, spices, rice, pulses and cooking oils under the Hariom Atta and Spices brand. It reaches households through its own and franchise stores, an app and phone orders, kirana shops through distributors, and Indian grocery chains abroad, and its shares trade on NSE Emerge.
What is the share price of Hoac Foods India?
₹950 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of Hoac Foods India?
₹412 cr at the close on 6 Nov 2026, on 43,40,460 shares.
What is the P/E of Hoac Foods India?
93.5 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are Hoac Foods India's revenue and profit?
Revenue ₹50 cr and profit after tax ₹4 cr in FY26.
Who are the promoters of Hoac Foods India?
Rambabu Thakur, Gaytri Thakur, Yashwant Thakur; promoters held 62.08% at 31 March 2026.
What was the IPO price of Hoac Foods India?
₹48 a share; it listed on 24 May 2024.
What is Hoac Foods India's website?
www.hoacfoodsindia.com
More SME companies like Hoac Foods India
Other listed SME companies in food products, the closest in size first, each read from its own documents.
- Madhusudan MasalaMADHUSUDAN · NSE Emerge · Food Products · listed 2023Market cap ₹424 cr
- Chemkart IndiaCHEMKART · BSE SME · Food ProductsMarket cap ₹278 cr
- Magson Retail And DistributionMAGSON · NSE Emerge · Food Products · listed 2023Market cap ₹261 cr
- Shivam ChemicalsSHIVAM · BSE SME · Food ProductsMarket cap ₹254 cr
- Proventus AgrocomPROV · NSE Emerge · Food Products · listed 2023Market cap ₹685 cr
- Srivari Spices And FoodsSSFL · NSE Emerge · Food Products · listed 2023Market cap ₹243 cr
Every listed SME company in Food Products → · SME companies listed in 2024 →
Built from 3 earnings call transcripts, 2 investor presentations, 2 annual reports, 1 offer document, 1 result filing, 104 exchange announcements, 6 shareholding patterns and 7 years of reported results. Every figure carries its source; where the documents are silent, the page says so.