Krishival Foods Ltd
NSE: KRISHIVAL BSE: 544416
Incorporated in 2014, Krishival Foods Ltd is in the business of processing premium nuts, dry fruits, and ice cream.[1]
₹377
52W: ₹224 — ₹482
PE 46.5 · Book ₹75 · +403% vs bookMarket Cap₹966 Cr
Stock P/E46.5Price to Earnings
ROCE16.5%Return on Capital
ROE12.7%Return on Equity
Div. Yield0.07%Face Value ₹10
Strengths
- +Company is almost debt free.
- +Company has delivered good profit growth of 98.8% CAGR over last 5 years
- +Company's working capital requirements have reduced from 212 days to 135 days
Weaknesses
- −Stock is trading at 5.03 times its book value
- −Company has a low return on equity of 11.4% over last 3 years.
- −Earnings include an other income of Rs.9.37 Cr.
- −Debtor days have increased from 45.6 to 63.6 days.
- −Promoter holding has decreased over last 3 years: -4.65%
Shareholding Pattern
Promoters37.23%
FIIs0.54%
DIIs1.33%
Public51.41%
| Category | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 37.19% | 37.19% | 37.19% | 37.2%▲0.0 | 37.21%▲0.0 | 37.21% | 37.21% | 37.23%▲0.0 |
| FIIs | 11.55% | 11.55% | 11.8%▲0.3 | 10.13%▼1.7 | 0.89%▼9.2 | 0.89% | 0.9%▲0.0 | 0.54%▼0.4 |
| DIIs | 0% | 0% | 0% | 1.68%▲1.7 | 10.92%▲9.2 | 0%▼10.9 | 0% | 1.33%▲1.3 |
| Public | 51.27% | 51.27% | 51.01%▼0.3 | 50.99%▼0.0 | 50.98%▼0.0 | 50.98% | 50.98% | 51.41%▲0.4 |
Financial Statements
| Metric | Dec 2021 | Mar 2022 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19.91 | 12.37 | 29.2 | 43.96 | 45.41 | 54.67 | 34.05 | 53.03 | 54.83 | 60.68 |
| Expenses | 17.55 | 10.59 | 23.69 | 37.98 | 40.89 | 49.76 | 29.22 | 46.12 | 47.03 | 56.9 |
| Operating Profit | 2.36 | 1.78 | 5.51 | 5.98 | 4.52 | 4.91 | 4.83 | 6.91 | 7.8 | 3.78 |
| OPM % | 11.85% | 14.39% | 18.87% | 13.6% | 9.95% | 8.98% | 14.19% | 13.03% | 14.23% | 6.23% |
| Net Profit | 1.46 | 0.93 | 3.36 | 4.93 | 2.4 | 2.86 | 4.15 | 5.41 | 5.88 | 5.35 |
| EPS ₹ | 0.87 | 0.41 | 1.31 | 1.93 | 0.94 | 1.12 | 1.62 | 2.11 | 2.3 | 2.09 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹203Cr, up 17.3% YoY. OPM at 12%.
Debt Position
Borrowings at ₹16Cr. Debt-to-equity ratio: 0.09x. Healthy balance sheet.
Capex Cycle
CWIP at ₹4Cr (13% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 1.33% (+1.33pp change). FIIs: 0.54% (+0.54pp change). Promoters hold 37.23%.
Margin & Efficiency
ROCE improving from 0% (Mar 2018) to 16% (Mar 2026). Working capital days: 135.
Valuation
PE 46.5x with 16.5% ROCE. Price is 403% above book value of ₹75. Dividend yield: 0.07%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 8 May - Transcript of the Q4 and full year FY 2026 Earning Call
- Announcement under Regulation 30 (LODR)-Newspaper Publication 6 May
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5 May - Audio recording of Q4 FY26 earnings call made available online.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 4 May
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 4 May - Revised March 31, 2026 rights issue monitoring report; Rs 5.76 crore utilization corrected from Rs 5.80 crore.
- Financial Year 2025 from bse
- Financial Year 2024 from nse
- Financial Year 2023 from nse