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ADF Foods Ltd

NSE: ADFFOODS BSE: 519183

â‚ą263.90

(1.49%)

Sun, 27 Sept 2026, 10:01 pm

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ADF Foods Analysis

dividend

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Pros

  • Dividends per share have increased over the past 10 years.
  • Dividends paid are thoroughly covered by earnings (7.1x coverage).
  • ADF Foods's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
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Cons

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • ADF Foods's dividend is below the markets top 25% of dividend payers in India (3.08%).

future

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Pros

  • ADF Foods's earnings growth is expected to exceed the low risk savings rate of 7.2%.
  • ADF Foods's earnings are expected to exceed the low risk growth rate next year.
  • ADF Foods is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
  • Performance (ROE) is expected to be above the current IN Food industry average.
  • ADF Foods's revenue growth is expected to exceed the India market average.
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Cons

  • ADF Foods's earnings are expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).
  • ADF Foods's earnings growth is positive but not above the India market average.
  • ADF Foods's net income is expected to increase but not above the 50% threshold in 2 years time.
  • A decline in ADF Foods's performance (ROE) is expected over the next 3 years.
  • ADF Foods's revenue is expected to increase but not above the 50% threshold in 2 years time.
  • ADF Foods's revenue is expected to grow by 10.2% yearly, however this is not considered high growth (20% yearly).

health

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Pros

  • ADF Foods is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ADF Foods is profitable, therefore cash runway is not a concern.
  • ADF Foods is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (112.5%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 7.7x debt.
  • ADF Foods's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (12.2% vs 11.3% today).
  • Interest payments on debt are well covered by earnings (EBIT is 26.4x coverage).
  • ADF Foods's level of debt (11.3%) compared to net worth is satisfactory (less than 40%).
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Cons

  • High level of physical assets or inventory.

management

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Pros

  • Bimal's compensation has been consistent with company performance over the past year, both up more than 20%.
  • More shares have been bought than sold by ADF Foods individual insiders in the past 3 months.
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Cons

  • The average tenure for the ADF Foods board of directors is less than 3 years, this suggests a new board.
  • Bimal's remuneration is higher than average for companies of similar size in India.
  • The average tenure for the ADF Foods management team is less than 2 years, this suggests a new team.

misc

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Pros

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    Cons

    • ADF Foods is covered by less than 3 analysts.
    • ADF Foods has significant price volatility in the past 3 months.

    past

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    Pros

    • ADF Foods's 1-year earnings growth exceeds its 5-year average (68.6% vs 37.7%)
    • ADF Foods has delivered over 20% year on year earnings growth in the past 5 years.
    • ADF Foods used its assets more efficiently than the IN Food industry average last year based on Return on Assets.
    • ADF Foods has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
    • ADF Foods has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
    • ADF Foods's earnings growth has exceeded the IN Food industry average in the past year (68.6% vs 20.5%).
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    Cons

      value

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      Pros

      • ADFFOODS outperformed the Market in India which returned -14.5% over the past year.
      • NSEI:ADFFOODS is up 19.5% outperforming the Food industry which returned 5% over the past month.
      • NSEI:ADFFOODS is up 19.5% outperforming the market in India which returned 8% over the past month.
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      Cons

      • ADF Foods's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
      • ADF Foods's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
      • ADF Foods is overvalued based on assets compared to the IN Food industry average.
      • ADF Foods is poor value based on expected growth next year.
      • ADF Foods is overvalued based on earnings compared to the IN Food industry average.
      • ADF Foods is overvalued based on earnings compared to the India market.
      • ADFFOODS underperformed the Food industry which returned 18.8% over the past year.