1. India Stocks

  2. •

    Consumer non-durables

  3. •

    Food: meat/fish/dairy
Jhandewalas Foods Ltd.

Jhandewalas Foods Ltd.

BBSE:JFL
18.57
INR
-3.43
(-15.59%)
398.46MMarket Cap
Jhandewalas Foods Ltd.
BSE:JFL
(Bombay Stock Exchange)

Recent

price

18.57

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
112.26
147.59
136.41
139.05
144.83
173.54
150.99
46.49
27.49
30.86
11.29
24.76
66.78
114.84
- -
Revenue per Share
0.75
1.13
1.72
0.91
2.2
3.09
-15.47
-23.13
-18.09
-3.99
-0.09
23.6
4.71
3.96
- -
Basic EPS, GAAP
0.08
2.67
0.69
-0.85
4.64
-19.89
-0.92
12.88
0.56
4
1.66
22
-30.87
6.07
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
6.86
7.99
9.71
10.63
13.03
31.72
16.25
-6.88
-24.97
-28.96
-29.05
-5.22
20.44
28.83
28.83
Book Value per Share
6.86
7.99
9.71
10.63
13.03
31.72
16.25
-6.88
-24.97
-28.96
-29.05
-5.22
20.44
28.83
28.83
Tangible Book Value per Share
10
10
10
10
10
10
10
10
10
10
10
10
13
15
14
Basic Weighted Avg Shares
1,152
1,514
1,400
1,427
1,486
1,779
1,549
477
282
317
116
254
852
1,752
- -
Sales/Revenue/Turnover
2.18
2.67
2.88
3.77
5.85
5.64
-3.78
-46.55
-63.76
-18.78
24.95
-12.02
6.96
4.28
- -
Operating Margin (%)
-2
2
4
4
4
4
5
6
5
4
3
4
6
7
- -
Depreciation Expense
8
12
18
9
23
32
-159
-237
-186
-41
-1
242
60
60
- -
Net Income, GAAP
40.72
36.1
22.51
37.91
38.42
37.75
- -
- -
- -
- -
- -
- -
- -
18.19
- -
Effective Tax Rate (%)
0.67
0.76
1.26
0.66
1.52
1.78
-10.25
-49.75
-65.82
-12.93
-0.79
95.33
7.05
3.45
- -
Profit Margin (%)
60
68
92
162
155
386
201
-180
-373
-441
-380
-130
-16
333
333
Working Capital
34
33
32
52
47
101
81
44
43
17
17
25
23
21
21
LT Debt
70
82
100
109
134
325
167
-71
-256
-297
-298
-54
271
440
440
Total Equity
- -
4.44
5.02
2.24
10.96
9.37
- -
- -
- -
- -
- -
- -
- -
12.03
- -
Return on Invested Capital (%)
- -
10.74
12.05
8.06
10.87
9.29
- -
- -
- -
- -
- -
- -
- -
11.92
- -
Return on Capital (%)
- -
15.17
19.45
8.98
18.62
13.8
-64.48
- -
- -
- -
- -
- -
- -
16.99
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
266
79
76
LT Borrowings
17
- -
17
LT Finance Leases
7
5
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
15
Market Capitalization
610
676
398

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
301
351
533
Cash, Cash Equivalents & STI
9
9
10
Accounts Receivable, Net
61
215
162
Inventories
162
98
311
Total Current Liabilities
317
133
200
Payables & Accruals
- -
- -
- -
ST Debt
266
79
76
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-37.1%
-121.81%
62.26%
Free Cash Flow
-147.34%
277.66%
-123.52%
Net Income, GAAP
-2,723.82%
-5,369.25%
0.47%
Sales/Revenue/Turnover
31.01%
81.84%
105.6%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
254
2025
- -
- -
852
2026
- -
- -
1,752

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
23.6
2025
- -
- -
4.71
2026
- -
- -
3.96

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
Jhandewalas Foods Limited manufactures and markets traditional Indian food products, primarily under the Naman brand, with operations centered in Jaipur, Rajasthan, India. Founded in 1895 and headquartered at B-70, 1st Floor, Upasana House, Janta Store, Bapu Nagar, Jaipur, the company produces pure desi ghee using the traditional bilona curd churning method; Naman Gold Ghee; Godhenu Cow Ghee; Irani Kesar (saffron); poha (flattened rice); mangodi; daliya; nutri flakes; rice flakes; son papdi; sweet mithai; spices; chutney; papad; boondi raita; poha masala; chai masala; refined groundnut oil under the Polki brand; pasta; and khoya in Meetha (with sugar) and Feeka (without sugar) variants. An FSSAI-approved and ISO 22000:2018 certified entity, it serves consumer markets across Rajasthan and expanding pan-India through retail, e-commerce platforms such as Flipkart and Amazon, and modern trade channels. The company listed on the BSE in January 2018 following its transition from private limited status and completed a preferential issue in June 2024, raising funds toward equity shares and warrants. Recent developments include the launch of Naman Desi Ghee in a Rs 10 pouch for broader accessibility; introduction of Naman Khoya and Polki brand products; placement of Naman Desi Ghee in D-Mart stores across Rajasthan; installation of a gas chromatography machine for enhanced ghee quality testing; appointments of national and regional sales managers, a new company secretary, and independent director Jai Kumar Chandani; and record sales growth in FY 2025-26 driven by e-commerce and retail expansion.