NHC Foods Limited

NHC Foods Limited

NHCFOODS.BO
NHC Foods LimitedIN flagBombay Stock Exchange
1.10
INR
+0.02
- -
723.53MMarket Cap
NHC Foods Limited
NHCFOODS.BO
(Bombay Stock Exchange)

Recent

price

1.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
6.81
8.72
7.9
7.3
5.54
4.11
3.5
2.17
3.15
3.31
3.86
3.87
4.18
5.32
5.87
- -
9.78
Revenue per Share
0.04
0.04
0.09
0.08
0.04
0.01
0.02
0.01
0.03
0.04
0.04
0.04
0.05
0.06
0.11
- -
0.19
Basic EPS, GAAP
0.05
0.52
-0.26
-0.06
0.06
-0.01
-0.18
0.11
0.16
-0.16
-0.15
0.07
-0.04
-0.06
-0.64
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.08
1.13
0.85
0.83
0.65
0.41
0.42
0.42
0.46
0.49
0.53
0.57
0.61
0.67
1.35
- -
1.07
Book Value per Share
0.44
0.51
0.56
0.59
0.49
0.33
0.34
0.36
0.4
0.45
0.47
0.54
0.6
0.67
1.37
- -
2.94
Tangible Book Value per Share
106
106
173
196
266
372
388
388
388
388
388
388
388
388
593
- -
615
Basic Weighted Avg Shares
724
927
1,364
1,427
1,473
1,527
1,356
841
1,221
1,282
1,498
1,501
1,621
2,061
3,479
6,013
6,013
Sales/Revenue/Turnover
1.78
2.54
2.36
2.59
2.04
2.05
1.66
1.84
3.2
2.69
2.07
2.39
3.63
2.53
3.89
3.08
3.08
Operating Margin (%)
8
9
9
10
12
12
11
11
12
14
12
12
12
14
15
18
18
Depreciation Expense
5
5
16
16
12
3
7
2
13
14
14
15
18
23
68
119
119
Net Income, GAAP
5.93
38.49
32.72
28.76
17.01
35.95
37.58
41.46
- -
25.86
24.82
41.61
34.89
24.77
21.08
18.13
18.13
Effective Tax Rate (%)
0.63
0.5
1.18
1.09
0.8
0.2
0.52
0.28
1.07
1.1
0.92
0.98
1.08
1.14
1.96
1.97
1.97
Profit Margin (%)
-38
-48
12
38
72
42
48
73
79
120
85
124
215
159
788
1,637
1,637
Working Capital
43
28
42
46
59
37
24
46
34
59
80
60
70
63
49
51
51
LT Debt
115
120
159
174
184
171
179
182
195
209
223
236
255
278
827
1,823
1,823
Total Equity
5.5
6.86
8.8
8.42
7.48
6.18
4.04
2.56
- -
7.28
5.17
4.35
8.25
8.33
12.92
8.6
8.6
Return on Invested Capital (%)
10.31
7.79
6.71
10.11
8.39
4.16
4.65
2.97
- -
6.83
5.67
5.21
7.03
8.29
12.74
13.25
13.25
Return on Capital (%)
6.77
3.94
12.11
10.11
7.09
1.88
4.47
1.44
7.64
7.65
6.97
6.92
7.68
9.42
12.82
16.23
16.23
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
428
- -
474
LT Borrowings
38
- -
23
LT Finance Leases
14
- -
28
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
593
- -
658
Market Capitalization
637
550
437

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,803
- -
2,854
Cash, Cash Equivalents & STI
32
- -
120
Accounts Receivable, Net
1,670
- -
2,516
Inventories
4
- -
186
Total Current Liabilities
994
- -
1,217
Payables & Accruals
- -
- -
- -
ST Debt
428
- -
474
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
36.82%
68.23%
120.4%
Free Cash Flow
201.41%
207.73%
-105.28%
Net Income, GAAP
84.8%
64.73%
73.92%
Sales/Revenue/Turnover
19.48%
35.39%
72.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
420
413
463
764
2,061
2025
737
662
734
1,345
3,479
2026
1,105
1,032
1,292
2,584
6,013

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.01
- -
0.06
2025
0.05
0.05
0.03
0.01
0.11
2026
0.03
0.02
0.04
0.11
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
NHC Foods Limited operates primarily in the food processing industry, specializing in manufacturing and supplying a wide range of ground spices, blended spices, and grains such as maize, wheat, and recently added rice. The company also offers flexible packaging solutions tailored to client requirements. It serves leading multinational food companies and fast-food chains globally from its ISO and HACCP certified facilities. Founded in 1992 and headquartered in Mumbai, India, NHC Foods leverages stock and sale mechanisms by procuring bulk spices and grains during peak seasons for sale during off-seasons, targeting both domestic and international markets. In recent developments, NHC Foods has undergone notable management changes with the appointment of Ashish Shah as Executive Director and Satyam Joshi as Managing Director in 2025. The company maintains strategic partnerships and continues its focus on expanding its product portfolio by adding rice to its grains offering, reflecting a shift towards low-cost, high-margin products. Financially, NHC Foods reported significant revenue growth and operational efficiencies with amplified profit margins in its latest fiscal year. The company actively participates in international food exhibitions, particularly in Dubai, emphasizing its global outreach and market expansion initiatives. NHC Foods operates mainly in India with a global customer base across food manufacturing and fast-food sectors. Its core offerings include ground and blended spices, grains like maize, wheat, and rice, and customized flexible packaging, supported by certified quality processes. The company has enhanced its leadership structure and continues to adapt its product range and operational strategies to capture growth opportunities in the competitive food processing landscape.