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Mishtann Foods Overview

Mishtann Foods Ltd engages in the production, processing, and trading of basmati rice, wheat, and other food grains in India. The organization formerly known as Hics Cements Ltd and changed its name to Mishtann Foods Ltd in February 2015. Mishtann Foods Ltd incorporated in 1981 and is based in Ahmedabad, India.

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Mishtann Foods Key Financials

Market Cap ₹505 Cr.

Stock P/E 1.5

P/B 0.4

Current Price ₹4.7

Book Value ₹ 11.6

Face Value 1

52W High ₹7.8

Dividend Yield 0%

52W Low ₹ 3

Mishtann Foods Share Price

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Volume
Price

Mishtann Foods Quarterly Price

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Mishtann Foods Peer Comparison

Mishtann Foods Quarterly Results

#(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 318 331 338 383 342 323 331 386 386 336
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 318 331 338 383 342 323 331 386 386 336
Total Expenditure 228 234 241 310 234 248 247 302 290 254
Operating Profit 91 97 97 73 108 74 85 84 96 83
Interest 1 1 1 1 1 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 89 95 96 72 108 74 84 83 96 82
Provision for Tax 2 2 2 1 1 1 1 1 1 0
Profit After Tax 87 93 94 71 107 73 83 83 95 82
Adjustments 0 0 0 0 0 0 -0 0 -0 0
Profit After Adjustments 87 93 94 71 107 73 83 83 95 82
Adjusted Earnings Per Share 0.9 0.9 0.9 0.7 1 0.7 0.8 0.8 0.9 0.8

Mishtann Foods Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024 TTM
Net Sales 5 3 121 258 491 650 1288 1439
Other Income 0 0 0 0 0 0 0 0
Total Income 5 3 121 258 491 650 1288 1439
Total Expenditure 5 3 118 251 477 568 929 1093
Operating Profit 0 0 3 7 14 83 359 348
Interest 0 0 1 3 3 5 4 0
Depreciation 0 0 1 2 2 1 1 0
Exceptional Income / Expenses 0 0 0 -1 0 0 0 0
Profit Before Tax 0 0 1 2 8 77 354 345
Provision for Tax 0 0 0 1 3 27 8 3
Profit After Tax 0 0 0 1 6 50 346 343
Adjustments 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 1 6 50 346 343
Adjusted Earnings Per Share 0 0 0 0.1 0.1 0.5 3.4 3.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 98% 71% 236% 0%
Operating Profit CAGR 333% 272% 0% 0%
PAT CAGR 592% 602% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 1% -14% 15% NA%
ROE Average 101% 59% 39% 28%
ROCE Average 89% 55% 36% 26%

Mishtann Foods Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024
Shareholder's Funds 10 10 10 12 38 150 551
Minority's Interest 0 0 0 0 0 0 0
Borrowings 1 5 17 16 15 20 19
Other Non-Current Liabilities 0 0 0 0 -0 -0 -0
Total Current Liabilities 1 2 21 25 27 88 76
Total Liabilities 12 17 49 53 81 258 646
Fixed Assets 0 0 10 10 11 4 4
Other Non-Current Assets 0 3 2 5 3 4 6
Total Current Assets 9 11 33 38 67 250 637
Total Assets 12 17 49 53 81 258 646

Mishtann Foods Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 0 8 3 0 1 0 0
Cash Flow from Operating Activities 0 -6 -18 -5 -20 -3 -54
Cash Flow from Investing Activities 0 -3 -10 -1 -0 -0 -0
Cash Flow from Financing Activities 0 4 24 7 19 2 54
Net Cash Inflow / Outflow 0 -4 -3 1 -1 -0 0
Closing Cash & Cash Equivalent 0 3 0 1 0 0 0

Mishtann Foods Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2023 Mar 2024
Earnings Per Share (Rs) 0 0 0.02 0.06 0.09 0.5 3.35
CEPS(Rs) 0 0.01 0.08 0.16 0.12 0.5 3.36
DPS(Rs) 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0.34 0.34 0.36 0.58 0.62 1.49 5.19
Core EBITDA Margin(%) 0.32 2.45 2.07 2.8 2.74 12.54 27.86
EBIT Margin(%) 0.26 2.2 1.19 1.91 2.38 12.42 27.82
Pre Tax Margin(%) 0.25 2.07 0.48 0.87 1.73 11.66 27.47
PAT Margin (%) 0.16 1.44 0.34 0.45 1.18 7.58 26.85
Cash Profit Margin (%) 0.23 1.87 1.28 1.24 1.55 7.7 26.91
ROA(%) 0.06 0.29 1.23 2.3 8.68 29.48 76.59
ROE(%) 0.11 0.62 5.8 12.37 23.1 52.92 100.88
ROCE(%) 0.17 0.65 5.56 11.01 18.7 57.35 88.74
Receivable days 49.22 87.46 27.62 12.88 11.93 69.81 114.97
Inventory Days 24.36 356.9 30.01 36.08 26.65 17.54 7.47
Payable days 95.3 211.4 12.7 5.14 1.38 2.09 1.47
PER(x) 0 0 0 0 0 15.48 5.24
Price/Book(x) 0 0 0 0 0 5.15 3.39
Dividend Yield(%) 0 0 0 0 0 0.01 0.01
EV/Net Sales(x) 0.64 4.14 0.35 0.19 0.14 1.28 1.44
EV/Core EBITDA(x) 194.37 157.57 16.25 6.36 4.98 10.09 5.18
Net Sales Growth(%) 0 -39.07 4038.8 113.37 90.33 32.56 98.07
EBIT Growth(%) 0 408.61 2128.11 243.76 137.31 600.13 338.16
PAT Growth(%) 0 446.29 867.68 186.54 395.81 762.6 593.13
EPS Growth(%) 0 445.45 868.33 186.45 60.15 435.14 575.41
Debt/Equity(x) 0.11 0.8 4.43 3.31 0.95 0.4 0.09
Current Ratio(x) 7.06 5.9 1.56 1.54 2.48 2.86 8.42
Quick Ratio(x) 6.81 2.95 0.88 0.07 1.17 2.53 8.09
Interest Cover(x) 14.62 16.8 1.68 1.83 3.64 16.39 80.43
Total Debt/Mcap(x) 0 0 0 0 0 0.08 0.02

Mishtann Foods Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 49.82 48.38 46.87 43.48 43.48 43.48 43.48 43.48 43.48 43.48
FII 2.23 5.02 2.79 5.63 1.46 1.37 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 47.95 46.6 50.34 50.89 55.06 55.14 56.52 56.52 56.52 56.52
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Mishtann Foods News

Mishtann Foods Pros & Cons

Pros

  • Stock is trading at 0.4 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 59%
  • Debtor days have improved from 2.09 to 1.47days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Promoter holding is low: 43.48%.
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