1. India Stocks

  2. •

    Consumer non-durables

  3. •

    Food: specialty/candy
Italian Edibles Limited

Italian Edibles Limited

NNSE:ITALIANE
29.70
INR
+1.35
(+4.76%)
530.50MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
32.95
50.8
42.63
49.66
57.38
67.16
- -
Basic EPS, GAAP
0.59
0.54
1.77
2.09
2.06
2.73
- -
Free Cash Flow per Basic Share
0.68
-1.34
1.2
-16.15
-3.92
-17.36
- -
Dividend per Share
- -
- -
- -
- -
- -
0.1
- -
Book Value per Share
3.95
5.51
7.59
27.64
29.7
32.32
32.32
Tangible Book Value per Share
3.86
5.41
7.51
27.56
29.65
32.29
32.29
Basic Weighted Avg Shares
15
15
15
15
15
15
15
Sales/Revenue/Turnover
487
751
630
734
848
992
- -
Operating Margin (%)
5.59
4.43
8.31
10.01
8.3
7.88
- -
Depreciation Expense
10
13
18
13
2
4
- -
Net Income, GAAP
9
8
26
31
30
40
- -
Effective Tax Rate (%)
23.1
41.79
23.62
24.85
36.8
20.45
- -
Profit Margin (%)
1.78
1.07
4.16
4.22
3.59
4.06
- -
Working Capital
74
71
63
291
289
312
312
LT Debt
85
58
29
33
6
158
158
Total Equity
58
81
112
408
439
478
478
Return on Invested Capital (%)
- -
6.33
14.27
10.94
7.13
8.44
- -
Return on Capital (%)
- -
6.28
14.75
11.04
7.01
8.45
- -
Return on Common Equity (%)
- -
11.48
27.1
11.89
7.19
8.79
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
200
160
218
LT Borrowings
6
125
158
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
499
534
530

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
632
709
748
Cash, Cash Equivalents & STI
4
5
7
Accounts Receivable, Net
97
130
117
Inventories
516
567
611
Total Current Liabilities
342
361
437
Payables & Accruals
- -
- -
- -
ST Debt
200
160
218
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
71.53%
8.84%
Free Cash Flow
- -
-333.73%
342.58%
Net Income, GAAP
- -
53.66%
32.22%
Sales/Revenue/Turnover
- -
17.43%
17.03%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
734
2025
- -
- -
848
2026
- -
- -
992

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.09
2025
- -
- -
2.06
2026
- -
- -
2.73

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
0.1

Company Description

Company Profile APIChatGPT
CEO
Akshay Makhija
Full Time Employees
324
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
309/1/1/8 Block No. 03 Indore MP India 452020
IPO Date
Feb 12, 2024
Website
ofcoursegroup.com
Similar Companies
PepsiCo, Inc. (NASDAQ:PEP)
Britannia Industries Ltd (NSE:BRITANNIA)
Tata Consumer Products Limited (NSE:TATACONSUM)
Ulker Biskuvi Sanayi A.S. (BIST:ULKER)
Mondelez International, Inc. (NASDAQ:MDLZ)
The Hershey Company (NYSE:HSY)
Business
Italian Edibles Ltd. (NSE: ITALIANE) manufactures, supplies, and exports confectionery products in India. The company offers rabdi (meethai sweet), milk paste, chocolate paste, lollipops, candies, jelly candies, multi-grain puff rolls, fruit-based products including tamarind and jujube, extruded snack wafers, and milk chocolate under the OfCour's brand; these products are available in retail and wholesale packs such as pet jars, polypacks, and cardboard boxes. Italian Edibles Ltd. operates primarily in the packaged foods and meats industry, targeting domestic retail, wholesale, and export markets with a focus on innovative, hygienic confectionery items made from premium fresh ingredients. Founded in 2009 and headquartered in Indore, Madhya Pradesh, the company maintains manufacturing facilities in Palda and plans expansion with a new unit in Tillor Khurdh. In recent developments, Italian Edibles Ltd. completed its initial public offering (IPO) in early 2024, raising approximately INR 266.56 million through a fresh issue of 3.92 million shares at INR 68 each to fund a new manufacturing unit (INR 800 lakhs), repay borrowings (INR 614.43 lakhs), meet incremental working capital needs (INR 600 lakhs), and general corporate purposes. The IPO marked a transition from private limited status and supported debt reduction and capacity expansion amid growing revenues from INR 48.9 crore in FY2021 to INR 85 crore in FY2025. In 2025, the company appointed M. Kalantri & Associates as secretarial auditor for FY2024-25 following the resignation of Siroya and BA, and promoter Akshay Makhija filed disclosures under SEBI Takeover Regulations.