Consumer Food · Founded 1984 · www.ceeta.com · BSE 514171 · · ISIN INE760J01012
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1. Business Overview
Ceeta Industries Ltd. operates in the Consumer Food sector in India. Its core business involves the manufacturing, processing, and distribution of various food products for consumption. As a player in the consumer food industry, the company's business model revolves around producing food items, establishing distribution channels to reach retailers and ultimately end-consumers, and marketing its products to drive sales and build brand recognition. Revenue is generated through the sale of its food products.
2. Key Segments / Revenue Mix
Specific details regarding Ceeta Industries Ltd.'s product segments or revenue mix are not available from the provided information. In the broader consumer food industry, segments typically include categories such as packaged snacks, staples, processed foods, beverages, dairy products, or confectionery. Without further data, it's not possible to specify which of these, if any, constitute Ceeta's primary revenue streams.
3. Industry & Positioning
The Indian Consumer Food industry is vast, highly competitive, and largely driven by domestic consumption. It features a mix of large multinational corporations, well-established national players, and numerous regional and local companies. The market is characterized by diverse consumer preferences, price sensitivity, and a strong emphasis on distribution reach. Without specific market share data or product details, Ceeta Industries Ltd. is positioned as one of the participants in this competitive landscape, likely contending with both larger, established brands and other regional players.
4. Competitive Advantage (Moat)
Based solely on the provided information, specific durable competitive advantages (moats) for Ceeta Industries Ltd. are not evident. In the consumer food sector, potential moats often include strong brand recognition and loyalty, extensive distribution networks, cost efficiencies derived from scale, proprietary product formulations, or significant switching costs (though less common in food). The absence of specific data means it cannot be determined if Ceeta possesses any of these advantages.
5. Growth Drivers
Key factors that could drive growth for Ceeta Industries Ltd. over the next 3-5 years, assuming it can capitalize on broader market trends, include:
Population Growth & Rising Incomes: India's large and growing population, coupled with increasing disposable incomes, fuels demand for food products.
Urbanization & Lifestyle Changes: Rapid urbanization leads to changing food habits, increased demand for convenience foods, and a shift towards packaged and processed items.
Premiumization & Health Trends: A growing segment of consumers is willing to pay more for premium, healthier, or specialized food products.
Expansion of Organized Retail & E-commerce: Growth in modern trade channels and online food delivery platforms provides new avenues for product reach.
Product Innovation: The ability to introduce new products that cater to evolving consumer tastes and preferences (e.g., ethnic foods, healthy snacks, ready-to-eat meals).
6. Risks
Ceeta Industries Ltd. faces several risks inherent to the consumer food sector and the broader economic environment:
Raw Material Price Volatility: Fluctuations in the cost of agricultural commodities and other inputs can impact production costs and profit margins.
Intense Competition: The presence of numerous domestic and international players creates pricing pressure and makes market share gains challenging.
Changing Consumer Preferences: Rapid shifts in dietary trends, health consciousness, and taste can quickly render existing products less desirable.
Regulatory & Food Safety Risks: Strict government regulations regarding food safety, labeling, and quality standards can lead to compliance costs or product recalls.
Supply Chain Disruptions: Issues in logistics, storage, or distribution networks can impact product availability and freshness.
Economic Slowdown: A downturn in the economy can reduce consumer spending on non-essential or premium food items.
7. Management & Ownership
Information regarding the promoters, specific management team, or detailed ownership structure of Ceeta Industries Ltd. is not provided. Typically, many companies in India, especially smaller to mid-sized ones, are promoter-led, meaning a founding family or individual retains significant control and influence over the company's strategic direction and operations.
8. Outlook
The outlook for Ceeta Industries Ltd. is tied to its ability to navigate the dynamic and competitive Indian consumer food market. The sector benefits from strong demographic tailwinds, rising incomes, and evolving consumer habits which present significant growth opportunities. However, the company must contend with intense competition from established players, potential volatility in raw material costs, and the need for continuous innovation to meet changing consumer demands. A successful strategy would involve effective product development, efficient distribution, and strong brand building. Conversely, a failure to adapt to market trends, manage costs effectively, or expand its reach could lead to stagnation or loss of market share in this challenging environment.
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| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 3 | 3 | 3 | 4 | 6 | 6 | 5 | 6 | 5 | 7 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 4 | 3 | 3 | 5 | 6 | 7 | 5 | 6 | 5 | 7 |
| Total Expenditure | 3 | 3 | 3 | 4 | 5 | 6 | 5 | 5 | 5 | 6 |
| Operating Profit | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -0 | -0 | -1 | 3 | 1 | -0 | 0 | 0 | 0 | 0 |
| Provision for Tax | 0 | 0 | -1 | 1 | 0 | -0 | 0 | 0 | 0 | -0 |
| Profit After Tax | -0 | -0 | 1 | 2 | 0 | 0 | -0 | 0 | 0 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 0 |
| Profit After Adjustments | -0 | -0 | 1 | 2 | 0 | 0 | -0 | 0 | 0 | 0 |
| Adjusted Earnings Per Share | -0.3 | -0.2 | 0.4 | 1.6 | 0.3 | 0 | -0 | 0.2 | 0 | 0.1 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 6 | 7 | 16 | 3 | 15 | 4 | 1 | 1 | 4 | 12 | 22 | 23 |
| Other Income | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 0 |
| Total Income | 8 | 9 | 17 | 5 | 17 | 6 | 4 | 3 | 5 | 13 | 23 | 23 |
| Total Expenditure | 6 | 8 | 14 | 4 | 14 | 5 | 3 | 3 | 6 | 14 | 21 | 21 |
| Operating Profit | 2 | 1 | 3 | 1 | 3 | 1 | 1 | 1 | -0 | -0 | 2 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 |
| Profit Before Tax | 2 | 1 | 3 | 0 | 3 | 1 | 1 | 1 | -1 | -3 | 4 | 0 |
| Provision for Tax | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | -1 | 1 | 0 |
| Profit After Tax | 1 | 1 | 2 | 0 | 2 | 1 | 0 | 0 | -1 | -2 | 3 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 1 | 1 | 2 | 0 | 2 | 1 | 0 | 0 | -1 | -2 | 3 | 0 |
| Adjusted Earnings Per Share | 1 | 0.5 | 1.6 | 0.3 | 1.5 | 0.4 | 0.3 | 0.3 | -0.9 | -1.1 | 1.9 | 0.3 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 83% | 180% | 41% | 14% |
| Operating Profit CAGR | 0% | 26% | 15% | 0% |
| PAT CAGR | 0% | 0% | 25% | 12% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 3% | 37% | 51% | 27% |
| ROE Average | 11% | -0% | 1% | 4% |
| ROCE Average | 12% | 2% | 2% | 5% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 19 | 20 | 22 | 22 | 25 | 25 | 26 | 27 | 26 | 25 | 27 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 8 | 5 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -1 | -1 | -2 | -1 |
| Total Current Liabilities | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 6 | 9 | 7 |
| Total Liabilities | 19 | 21 | 24 | 26 | 27 | 28 | 27 | 27 | 39 | 37 | 33 |
| Fixed Assets | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 18 | 17 | 18 |
| Other Non-Current Assets | 12 | 13 | 14 | 14 | 14 | 17 | 15 | 17 | 11 | 11 | 4 |
| Total Current Assets | 6 | 4 | 8 | 9 | 12 | 9 | 12 | 10 | 10 | 9 | 11 |
| Total Assets | 19 | 21 | 24 | 26 | 27 | 28 | 27 | 27 | 39 | 37 | 33 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 1 | 1 | 2 | 1 | 4 | 1 | 0 | 0 | 2 | 1 | 0 |
| Cash Flow from Operating Activities | 1 | -2 | 2 | -2 | -3 | -4 | 3 | -2 | -1 | -2 | 1 |
| Cash Flow from Investing Activities | -2 | 4 | -4 | 5 | 0 | 3 | -3 | 5 | -11 | 1 | 8 |
| Cash Flow from Financing Activities | 0 | -0 | 1 | 0 | -0 | -0 | -0 | -1 | 11 | 0 | -9 |
| Net Cash Inflow / Outflow | -1 | 1 | -1 | 4 | -3 | -1 | 0 | 2 | -1 | -1 | 0 |
| Closing Cash & Cash Equivalent | 1 | 2 | 1 | 4 | 1 | 0 | 0 | 2 | 1 | 0 | 0 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 1.03 | 0.51 | 1.64 | 0.27 | 1.49 | 0.37 | 0.32 | 0.33 | -0.88 | -1.1 | 1.89 |
| CEPS(Rs) | 1.13 | 0.67 | 1.89 | 0.52 | 1.84 | 0.71 | 0.39 | 0.42 | -0.55 | -0.43 | 2.59 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 13.09 | 13.59 | 15.23 | 15.5 | 16.99 | 17.36 | 17.69 | 18.84 | 18 | 16.92 | 18.86 |
| Core EBITDA Margin(%) | 3.39 | -5.51 | 10.59 | -61.14 | 7.78 | -30.2 | -97 | -207.35 | -38.32 | -15 | 4.81 |
| EBIT Margin(%) | 29.53 | 11.78 | 17.2 | 19.11 | 19.11 | 18.31 | 41.88 | 77.21 | -15.34 | -11.42 | 19.15 |
| Pre Tax Margin(%) | 29.48 | 11.7 | 17.01 | 16.58 | 18.48 | 15.98 | 36.36 | 73.98 | -26.38 | -23.38 | 16.93 |
| PAT Margin (%) | 23.43 | 9.45 | 13.48 | 13.61 | 14.72 | 13.69 | 31.78 | 57.75 | -31.9 | -13.61 | 12.46 |
| Cash Profit Margin (%) | 25.73 | 12.42 | 15.51 | 26.17 | 18.2 | 26.03 | 38.75 | 73.26 | -19.75 | -5.27 | 17.03 |
| ROA(%) | 7.98 | 3.69 | 10.59 | 1.58 | 8.18 | 1.96 | 1.71 | 1.76 | -3.87 | -4.2 | 7.81 |
| ROE(%) | 8.17 | 3.79 | 11.37 | 1.77 | 9.16 | 2.16 | 1.84 | 1.81 | -4.8 | -6.31 | 10.58 |
| ROCE(%) | 10.29 | 4.73 | 14.32 | 2.41 | 11.52 | 2.8 | 2.35 | 2.39 | -1.9 | -3.55 | 12.05 |
| Receivable days | 37.15 | 38.9 | 22.62 | 0 | 6.57 | 14.25 | 81.9 | 163.94 | 17.91 | 7 | 3.96 |
| Inventory Days | 131.75 | 44.51 | 24.16 | 157.3 | 37.93 | 91.61 | 60.41 | 37.92 | 74.49 | 50.52 | 40 |
| Payable days | 21.27 | 21.41 | 17.64 | 76.65 | 0 | 13.29 | 33.65 | 66.77 | 318.28 | 56.7 | 15.49 |
| PER(x) | 4.17 | 10.71 | 6.54 | 23.9 | 2.96 | 10.65 | 30.07 | 50.77 | 0 | 0 | 22.71 |
| Price/Book(x) | 0.33 | 0.4 | 0.7 | 0.42 | 0.26 | 0.23 | 0.55 | 0.89 | 1 | 1.91 | 2.28 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.88 | 0.83 | 0.97 | 2.21 | 0.42 | 1.59 | 9.86 | 26.61 | 9.17 | 5.12 | 3.04 |
| EV/Core EBITDA(x) | 2.78 | 5.28 | 4.57 | 6.52 | 1.87 | 5.18 | 20.19 | 28.7 | -288 | -166.63 | 28.03 |
| Net Sales Growth(%) | 21.99 | 13.79 | 119.69 | -83.03 | 441.25 | -73.21 | -62.57 | -43.49 | 383.54 | 192.22 | 87.58 |
| EBIT Growth(%) | 48.55 | -51.47 | 231.34 | -81.77 | 406.62 | -74.33 | -14.39 | 4.18 | -196.04 | -117.54 | 414.69 |
| PAT Growth(%) | 48.59 | -50.94 | 223.82 | -83.43 | 448.31 | -75.08 | -13.14 | 2.69 | -367.09 | -24.73 | 271.73 |
| EPS Growth(%) | 48.58 | -50.94 | 223.82 | -83.44 | 448.4 | -75.08 | -13.15 | 2.7 | -367.09 | -24.72 | 271.74 |
| Debt/Equity(x) | 0 | 0 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0 | 0.44 | 0.54 | 0.18 |
| Current Ratio(x) | 21.01 | 5.46 | 4.9 | 4.13 | 6.25 | 5.99 | 18.86 | 9.78 | 1.73 | 0.96 | 1.5 |
| Quick Ratio(x) | 18.64 | 3.95 | 4.26 | 3.51 | 5.35 | 5.79 | 18.58 | 9.78 | 1.45 | 0.79 | 1.05 |
| Interest Cover(x) | 560.9 | 135.3 | 89.22 | 7.56 | 30.41 | 7.85 | 7.6 | 23.96 | -1.39 | -0.95 | 8.63 |
| Total Debt/Mcap(x) | 0 | 0 | 0.04 | 0.08 | 0.12 | 0.14 | 0.05 | 0 | 0.45 | 0.28 | 0.08 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 |
| Public | 27.86 | 27.86 | 27.86 | 27.86 | 27.86 | 27.86 | 27.86 | 27.86 | 27.86 | 27.86 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 | 71.91 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 |
| Public | 28.09 | 28.09 | 28.09 | 28.09 | 28.09 | 28.09 | 28.09 | 28.09 | 28.09 | 28.09 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 | 1.45 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +83% | +180% | +41% | +14% |
| Operating Profit CAGR | — | +26% | +15% | 0% |
| PAT CAGR | — | — | +25% | +12% |
| Share Price CAGR | +3% | +37% | +51% | +27% |
| ROE Average | +11% | 0% | +1% | +4% |
| ROCE Average | +12% | +2% | +2% | +5% |
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