Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹35 Cr.
Stock P/E
63.7
P/B
—
Current Price
₹86
Book Value
₹ 0
Face Value
10
52W High
₹117.1
52W Low
₹ 63.7
Dividend Yield
0%

Chordia Food Prod Overview

Business

Chordia Food Products Ltd. is an India-based company primarily engaged in the manufacturing, processing, and marketing of a diverse range of food products. Its core business model involves sourcing raw materials, processing them into finished food items like spices, ready-to-cook mixes, snack foods (namkeen), pickles, papads, and beverages, and then distributing these products through various retail channels. The company makes money by selling these value-added food products to consumers, leveraging its brand presence and distribution network.

Revenue Mix

While specific revenue contribution percentages are not readily available in public domains, Chordia Food Products Ltd. operates broadly across several product categories. These major segments include:

Spices: A wide range of whole and ground spices.

Ready-to-Cook/Eat Products: Instant mixes, ready-to-eat meals, and dessert mixes.

Snack Foods (Namkeen): Traditional Indian savory snacks.

Pickles & Papads: Traditional Indian accompaniments.

Beverages: Some reports indicate a presence in certain beverage categories.

These segments cater to both daily household consumption and convenience food markets.

Industry

Chordia Food Products operates within the highly competitive Indian Fast-Moving Consumer Goods (FMCG) sector, specifically in the food processing and packaged foods industry. This industry is characterized by a large number of players, ranging from multinational corporations and large domestic companies to numerous regional and unorganized players. Chordia's positioning is primarily as a regional or mid-tier player, competing with established national brands in categories like spices (e.g., MDH, Everest) and snacks (e.g., Haldiram's, Bikaji), as well as local brands. Its strength often lies in regional familiarity and specific product niches.

MOAT

Chordia Food Products Ltd. exhibits a moderate competitive advantage, primarily stemming from:

Brand Recognition: Established brand loyalty in its core operating regions built over time.

Distribution Network: A developed distribution network within its key markets, ensuring product availability.

Product Diversification: A broad product portfolio across various food categories reduces reliance on a single product type and caters to diverse consumer needs.

Cost Efficiency: Potentially leveraging scale in specific manufacturing processes to maintain competitive pricing.

Growth Drivers

Key factors that can drive Chordia Food Products Ltd.'s growth over the next 3-5 years include:

Rising Disposable Incomes: Increasing consumer spending on branded and processed food products in India.

Urbanization & Changing Lifestyles: Growing demand for convenience foods, ready-to-eat, and ready-to-cook products.

Expansion of Distribution: Deepening penetration into existing markets and expanding into new geographies.

Product Innovation: Introducing new flavors, healthier options, and premium products to cater to evolving consumer preferences.

E-commerce & Modern Trade: Leveraging online sales channels and modern retail formats for wider reach.

Risks

Key business risks for Chordia Food Products Ltd. include:

Intense Competition: High competition from well-established national and international players with larger marketing budgets and distribution networks.

Raw Material Price Volatility: Fluctuations in agricultural commodity prices (spices, grains, etc.) can impact margins.

Regulatory Changes: Strict food safety standards, labeling requirements, and other regulations in the food industry.

Supply Chain Disruptions: Dependence on a robust supply chain which can be affected by weather, logistics issues, or geopolitical events.

Changing Consumer Preferences: Shifting tastes, dietary trends, and increasing health consciousness requiring continuous product adaptation.

Management & Ownership

Chordia Food Products Ltd. is likely a promoter-led company, with the Chordia family playing a significant role in its management and ownership. Such companies typically have a strong entrepreneurial drive and long-term vision but can also be subject to promoter-specific decision-making styles. Information on specific management quality or detailed ownership breakdowns beyond promoter holdings would require deeper financial and governance reports.

Outlook

Chordia Food Products Ltd. operates in a structurally growing Indian food market, driven by favorable demographics and increasing consumer spending on packaged foods. The company's established brand in certain regions and diversified product portfolio provides a foundation for growth, especially by capitalizing on the trend towards convenience and branded products. However, the outlook is balanced by significant challenges, including intense competition from larger, more resourced players and the inherent volatility of raw material costs in the agricultural sector. Sustained growth will depend on its ability to expand its distribution reach, innovate its product offerings effectively, and navigate competitive pressures while maintaining cost efficiencies.

Chordia Food Prod Share Price

Live · BSE · Inception: 1982
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Chordia Food Prod Quarterly Results

#(Fig in Cr.) Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 15 19 20 18 20 18 17 21 24 29
Other Income 0 0 0 -0 0 0 0 0 0 0
Total Income 15 19 20 18 21 18 17 21 24 29
Total Expenditure 14 19 19 18 19 20 18 21 24 29
Operating Profit 1 1 1 0 1 -2 -0 0 -0 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 1 0 0 0 1 0 0 0 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 0 1 -0 1 -2 -1 -1 -1 -1
Provision for Tax 0 0 0 -0 0 0 0 0 0 0
Profit After Tax 0 0 0 -0 0 -2 -1 -1 -1 -1
Adjustments 0 0 0 0 -0 0 0 0 0 -0
Profit After Adjustments 0 0 0 -0 0 -2 -1 -1 -1 -1
Adjusted Earnings Per Share 1 0.3 1.1 -0.5 1.1 -5.6 -2.2 -1.3 -2.7 -1.4

Chordia Food Prod Profit & Loss

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
Net Sales 31 29 61 65 76 80 91
Other Income 1 0 0 0 0 0 0
Total Income 32 29 61 66 76 80 91
Total Expenditure 26 24 55 62 73 82 92
Operating Profit 5 4 6 4 4 -2 0
Interest 1 1 1 1 1 1 0
Depreciation 1 1 2 2 2 2 1
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax 4 3 3 1 1 -5 -4
Provision for Tax 1 1 1 0 0 0 0
Profit After Tax 3 2 2 1 1 -5 -4
Adjustments 0 0 0 0 0 0 0
Profit After Adjustments 3 2 2 1 1 -5 -4
Adjusted Earnings Per Share 8.7 6.9 5.2 1.6 1.9 -11.8 -7.6

Chordia Food Prod Balance Sheet

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Shareholder's Funds 26 28 35 36 36 32
Minority's Interest 0 0 0 0 0 0
Borrowings 0 0 0 2 2 1
Other Non-Current Liabilities 0 0 0 0 0 0
Total Current Liabilities 9 10 13 10 16 26
Total Liabilities 35 38 48 47 54 59
Fixed Assets 11 11 20 18 19 21
Other Non-Current Assets 0 0 0 1 1 0
Total Current Assets 24 27 28 29 35 38
Total Assets 35 38 48 47 54 59

Chordia Food Prod Cash Flow

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Opening Cash & Cash Equivalents 0 4 1 2 2 4
Cash Flow from Operating Activities 1 -0 6 4 3 -2
Cash Flow from Investing Activities 1 -1 -0 -1 -2 -4
Cash Flow from Financing Activities 1 0 -4 -2 2 6
Net Cash Inflow / Outflow 3 -2 1 1 2 0
Closing Cash & Cash Equivalent 4 2 2 2 4 5

Chordia Food Prod Ratios

# Mar 2011 Mar 2012 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Earnings Per Share (Rs) 8.72 6.89 5.15 1.64 1.91 -11.83
CEPS(Rs) 11.67 10.02 10.31 6.81 6.39 -7.25
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 85.79 92.68 86.64 88.29 90.2 78.37
Core EBITDA Margin(%) 13.4 14.1 9.71 5.34 4.07 -2.72
EBIT Margin(%) 13.92 11.35 6.4 2.26 2.27 -5
Pre Tax Margin(%) 12.19 9.26 4.69 1.44 1.43 -5.91
PAT Margin (%) 8.49 7.11 3.4 1.01 0.99 -5.91
Cash Profit Margin (%) 11.37 10.34 6.81 4.19 3.31 -3.62
ROA(%) 8.03 5.63 4.85 1.39 1.52 -8.44
ROE(%) 10.71 7.72 6.64 1.88 2.14 -14.04
ROCE(%) 15.6 10.47 10.42 3.59 4.15 -8.99
Receivable days 54.29 39.04 39.7 52.91 33.87 27.08
Inventory Days 61.15 77.34 53.8 71.09 78.33 96.51
Payable days 70.97 77.86 32.6 36.46 38.53 56.47
PER(x) 4.99 7.76 29.43 54.73 52.32 0
Price/Book(x) 0.51 0.58 1.75 1.02 1.11 1.77
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 0.44 0.68 1.1 0.59 0.58 0.82
EV/Core EBITDA(x) 2.62 4.63 11.13 10.93 12.35 -29.78
Net Sales Growth(%) -11.27 -6.58 112.05 8.09 16.14 5.02
EBIT Growth(%) 30.27 -23.03 19.08 -62.08 19.13 -328.65
PAT Growth(%) 45.8 -21.03 1.12 -68.1 16.29 -719.05
EPS Growth(%) 45.8 -21.03 -25.19 -68.1 16.28 -719.06
Debt/Equity(x) 0.16 0.2 0.2 0.14 0.22 0.44
Current Ratio(x) 2.57 2.63 2.17 3.01 2.14 1.44
Quick Ratio(x) 1.99 1.97 1.29 1.52 0.98 0.54
Interest Cover(x) 8.04 5.42 3.75 2.75 2.72 -5.49
Total Debt/Mcap(x) 0.31 0.34 0.11 0.14 0.2 0.25

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +5% +9% +21% —
Operating Profit CAGR -150% 0% 0% —
PAT CAGR -600% 0% 0% —
Share Price CAGR +11% 0% -9% -3%
ROE Average -14% -3% +1% +3%
ROCE Average -9% 0% +4% +6%

Chordia Food Prod Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 72.61 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 27.39 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 72.3472.3272.2772.2472.3272.3572.4372.4672.5472.61
FII 0000000000
DII 0000000000
Public 27.6627.6827.7327.7627.6827.6527.5727.5427.4627.39
Others 0000000000
Total 100100100100100100100100100100

Chordia Food Prod Peer Comparison

Business Support Edit Columns

Chordia Food Prod Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Chordia Food Prod Pros & Cons

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of -3% over the last 3 years.
  • Debtor days have increased from 38.53 to 56.47days.
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