Tasty Dairy Specialities Ltd.

Tasty Dairy Specialities Ltd.

BBSE:TDSL
3.71
INR
-0.10
(-2.62%)
-1.56EPS
96.81MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
123.12
150.68
163.7
114.87
212.19
178.76
196.82
159.53
78.53
53.8
19.43
3.15
1.62
0.54
Basic EPS, GAAP
2.66
2.19
2.26
2.21
3.42
2.91
2.01
-6.77
-14.18
-0.04
-24.87
-4.86
-2.43
-1.56
Free Cash Flow per Basic Share
0.76
-4.66
-1.23
1.93
-5.97
-1.47
-0.29
-5.36
-1.87
4.87
7.49
4.75
-0.69
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
10.15
12.33
14.59
16.81
30.62
33.43
35.46
28.69
14.52
15.23
-9.72
-14.55
-16.98
- -
Tangible Book Value per Share
10.15
12.33
14.59
16.81
30.62
33.43
35.46
28.69
14.52
15.23
-9.72
-14.55
-16.98
- -
Basic Weighted Avg Shares
20
20
20
20
16
20
20
20
20
20
20
20
20
21
Sales/Revenue/Turnover
2,515
3,078
3,344
2,347
3,319
3,652
4,021
3,259
1,604
1,099
397
64
33
11
Operating Margin (%)
3.59
3.09
3.14
4.43
3.47
2.88
3.16
-3.29
-20.82
-2.36
-77.9
-43.84
-60.98
-192.45
Depreciation Expense
19
22
27
27
23
19
19
18
13
13
22
17
14
14
Net Income, GAAP
54
45
46
45
53
59
41
-138
-290
-1
-508
-99
-50
-32
Effective Tax Rate (%)
- -
22.09
25.47
23.08
24.13
20.25
29.92
- -
- -
113.73
- -
- -
- -
- -
Profit Margin (%)
2.16
1.45
1.38
1.93
1.61
1.63
1.02
-4.24
-18.05
-0.08
-127.97
-154.15
-149.63
-288.14
Working Capital
51
134
184
197
490
532
582
393
13
325
-351
-496
-142
- -
LT Debt
21
33
51
40
40
43
28
61
90
282
224
157
400
- -
Total Equity
207
252
298
343
626
683
724
586
297
311
-199
-297
-347
- -
Return on Invested Capital (%)
- -
7.77
6.71
5.84
9.77
7.94
5.96
- -
- -
-0.95
- -
- -
- -
- -
Return on Capital (%)
- -
12.87
11.4
10.47
9.88
8.66
6.16
- -
- -
-1
- -
- -
- -
- -
Return on Common Equity (%)
30.13
19.51
16.79
14.09
11.03
9.09
5.84
-21.1
-65.61
-0.3
- -
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
96
96
- -
LT Borrowings
397
397
- -
LT Finance Leases
- -
2
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
146
99
97

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
34
59
- -
Cash, Cash Equivalents & STI
26
49
- -
Accounts Receivable, Net
5
8
- -
Inventories
2
2
- -
Total Current Liabilities
179
201
- -
Payables & Accruals
- -
- -
- -
ST Debt
96
96
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.82%
-28.36%
16.71%
Free Cash Flow
51.22%
-104.41%
-114.45%
Net Income, GAAP
5,486.86%
11,061.74%
-49.98%
Sales/Revenue/Turnover
-26.56%
-55.67%
-48.46%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
14
13
17
20
64
2026
22
10
1
- -
33
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-1.28
-1.16
-1.13
-1.23
-4.86
2026
-1
-1
-0.36
-0.05
-2.43
2027
-0.16
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Rakesh Kumar Yadav
Full Time Employees
45
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
G-6, 12 Kanpur UP India 208001
IPO Date
Feb 21, 2018
Business
Tasty Dairy Specialities Limited is engaged in the processing and manufacturing of a wide range of dairy products including fluid milk, pasteurized liquid milk, milk cream, butter (plain and salted), ghee (clarified butter), skimmed milk powder, full cream milk powder, dairy whitener, paneer (fresh cottage cheese), and dairy sweets such as instant gulab jamun mix, peda, and mithai powder. The company operates primarily in India, with production facilities such as the ISO 22000:2005 certified milk processing unit in Jainpur, Kanpur Dehat, serving markets in Uttar Pradesh, Madhya Pradesh, Bihar, and Delhi. It supplies bulk and institutional customers including government and large corporate clients. Tasty Dairy Specialities was incorporated in 1992 and is headquartered in Kanpur, India. In the last 1-2 years, Tasty Dairy Specialities has experienced several key developments including the appointment of new directors to strengthen its management team and reported financial challenges such as losses and lender recovery actions impacting its operations in early 2025. The company continues to expand its product offerings with sustained production capabilities of around 400,000 liters of milk processed daily and has entered into strategic memoranda of understanding (MoU) for setting up a dairy farm in Kanpur. It has also received government invitations to establish a food park, indicating efforts toward operational expansion and enhanced vertical integration. The company maintains a presence on the Bombay Stock Exchange under ticker TDSL.BO and has undertaken corporate governance measures including compliance with SEBI regulations and routine board meetings for financial approvals and business oversight. Tasty Dairy Specialities' product portfolio is marketed under brand names such as “UJJWAL”, “SHIKHAR”, “VERIFRESH”, “CIMA”, and “MITHAI MASTER” catering to diverse consumer segments. Its clientele includes institutional purchasers like Delhi Milk Scheme, Mother Dairy, Parle Products, Sterling Agro Industries, Kwality Dairy, and Perfetti Van Melle. The company focuses on delivering quality dairy products across its regional markets, leveraging its backward and forward integration in milk procurement and value-added dairy processing to compete in the Indian dairy sector. Recent changes underscore an emphasis on restructuring and strategic partnerships to enhance market reach and operational resilience amid challenging financial conditions.