ADF Foods Ltd (ADFFOODS)

₹227.3▲2.55%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

ADF Foods Ltd share Performance

₹226
₹236.55
₹227.3
0.57%
Low
Day's Volatility:4.64%
High
4.07%
₹149.99
₹261.95
₹227.3
34.01%
Low
52 Weeks Volatility:49.26%
High
15.24%

Returns %
1 Month Return	18.63 %
3 Month Return	10.93 %
1 Year Return	49.46 %

Market Stats
Previous Close	₹233.25
Open	₹234.15
Volume	1.64L
Upper Circuit	-
Lower Circuit	-
Market Cap	₹2,497.20Cr

Analyst Rating

based on 1 analysts

BUY

50.00%

Buy

50.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for ADF Foods Ltd. An average target of ₹199

Source: S&P Global Market Intelligence

Company Information

American Dry Fruits Limited, founded in 1990 and listed publicly in 1991, is a leader in the agro-based industry. With more than 60 years of business experience, the company manufactures, exports and markets products ranging from canned, bottled and processed foods to pickles and masalas for the domestic and foreign markets through its various brands like 'Mothers Recipe', 'Camel Aeroplane' and 'Ashoka'. In 1995-1996 the company underwent expansion and upgrading and acquired an ISO 9002 certification. Following its success in the US with the 'Mothers Recipe' brand, the company has launched it in the UK and Canada in 2000. ADF Food Limited set up a subsidiary company in the UK 200-03, anticipating the launch of frozen foods in the same market as well as planning to set up a factory in Gujarat as a part of its growth plans.

Share Price: ₹227.30 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹2,497.20Cr as of today
Revenue: ₹129.65Cr as on December 2023 (Q4 23)
Net Profit: ₹19.09Cr as on December 2023 (Q4 23)
Listing date: 09 Feb, 1995
Chairperson Name: Bimal R Thakkar

Organisation	ADF Foods Ltd
Headquarters	Mumbai
Industry	FMCG
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Key events for ADF Foods Ltd

ADF Foods Ltd's High P/E Ratio Raises Concerns - 30 Apr, 2024
ADF Foods Ltd's stock has surged 26% in a month and 56% in the last year, but its high P/E ratio of 39.1x is concerning as it may not be sustainable with predicted future earnings lower than the wider market. The company's recent respectable earnings growth and estimated 22% growth over the next year are likely reasons for the high P/E ratio, but caution should be exercised when making investment decisions.
ADF Foods ROE Higher Than Industry Average - 20 Apr, 2024
ADF Foods' higher than industry average Return on Equity (ROE) and low payout ratio suggest that the company is effectively growing its value and reinvesting profits to grow the business. The stock has increased by 15% over the past month.

Fundamentals of ADF Foods Ltd

Insights on ADF Foods Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Price Rise
In the last 1 month, ADFFOODS stock has moved up by 18.6%
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 114.87 Cr → 133.44 Cr (in ₹), with an average increase of 7.2% per quarter
POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 36.28% to 36.42% in Mar 2024 quarter
POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 15.01 Cr → 19.38 Cr (in ₹), with an average increase of 22.6% per quarter
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 9.57% to 9.56% in Mar 2024 quarter
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 34.08% to 32.94% in Mar 2024 quarter