Elfin Agro India Limited

Elfin Agro India Limited

BBSE:ELFIN
87.50
INR
-1.65
(-1.85%)
936.67MMarket Cap
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
52.2
64.07
75.09
91
- -
Basic EPS, GAAP
0.93
1.89
2.59
2.97
- -
Free Cash Flow per Basic Share
0.04
1.44
-1.56
7.55
- -
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
2.59
4.48
7.08
22.43
22.43
Tangible Book Value per Share
2.59
4.48
7.08
22.43
22.43
Basic Weighted Avg Shares
19
19
19
19
17
Sales/Revenue/Turnover
1,014
1,245
1,459
1,768
- -
Operating Margin (%)
2.81
4.51
5.06
5.16
- -
Depreciation Expense
3
4
5
5
- -
Net Income, GAAP
18
37
50
58
- -
Effective Tax Rate (%)
30.17
25.86
25.46
25.17
- -
Profit Margin (%)
1.78
2.95
3.45
3.26
- -
Working Capital
9
2
50
341
341
LT Debt
40
18
17
11
11
Total Equity
50
87
138
436
436
Return on Invested Capital (%)
- -
27.11
24.09
17.5
- -
Return on Capital (%)
- -
29.46
26.78
18.45
- -
Return on Common Equity (%)
- -
53.58
44.8
20.13
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'26
ST Debt
32
LT Borrowings
11
LT Finance Leases
- -
Preferred Equity and Hybrid Capital
- -
Shares Outstanding
19
Market Capitalization
937

Working Capital

INR

•

in mil. unless spec.
Mar'26
Total Current Assets
412
Cash, Cash Equivalents & STI
76
Accounts Receivable, Net
105
Inventories
209
Total Current Liabilities
71
Payables & Accruals
- -
ST Debt
32
Deferred Revenue
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
216.7%
Free Cash Flow
- -
- -
-583.29%
Net Income, GAAP
- -
- -
14.7%
Sales/Revenue/Turnover
- -
- -
21.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1,245
2025
- -
- -
- -
781
1,459
2026
- -
- -
- -
1,048
1,768

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.89
2025
- -
- -
- -
1.52
2.59
2026
- -
- -
- -
2.43
2.97

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Bhilwara India
IPO Date
Mar 12, 2026
Business
Elfin Agro India Limited is an agro-processing and food manufacturing company based in India, primarily engaged in the milling, processing, manufacturing, and trading of wheat-based flour products, edible oils, and agricultural commodities. The company operates through two core business segments: Manufacturing and Agro-Commodity Trading. Its extensive product portfolio includes whole wheat flour (Chakki Atta); refined wheat flour (Maida); semolina (Sooji and Rawa); specialized baking and culinary flours, including Tandoori Atta and Resultant Atta (R Atta); wheat bran (Choker); cold-pressed and processed yellow mustard oil; and mustard oil cake utilized as animal nutrition and cattle feed. In addition to manufacturing, the company engages in the merchant trading of bulk agricultural commodities, including wheat, chana (chickpeas), maize, refined soybean oil, refined rice bran oil, and groundnut oil. Elfin Agro India Limited markets its packaged food products under its proprietary brand names, notably Shiv Nandi and ELFIN’S Shri Shyam BHOG. The company serves a diverse client base that includes business-to-business (B2B) institutional buyers, wholesale grain and oil merchants, retail distributors, and direct consumers. Headquartered in Bhilwara, Rajasthan, India, the company maintains manufacturing and processing facilities located at the RIICO Growth Centre in Swaroopganj, Hamirgarh (Bhilwara), featuring a high-capacity flour milling unit with an expanded processing capability of approximately 47,450 metric tonnes per annum (MTPA), an edible mustard oil extraction and processing plant, and a pulse (dal) processing unit. Its commercial distribution network spans multiple states and Union Territories across India, with strong regional market presence in Rajasthan, Gujarat, and Uttar Pradesh. Originally incorporated in July 2009 as Ravija Sulz Private Limited, the company changed its name to Elfin Agro India Private Limited in 2012. In recent corporate developments, the company reorganized its corporate structure by converting into a public limited entity under the name Elfin Agro India Limited in November 2024. Following this restructuring, the company completed its Initial Public Offering (IPO) and listed its equity shares on the BSE SME platform (BSE: 544724) in March 2026 to fund operational expansion, augment working capital, and broaden its distribution footprint across northern and western India.