Adf Foods Limited

BSE: 519183 NSE: ADFFOODS
Adf Foods Limited - food and beverages in Nadiad, Gujarat, India. FY 2026 financials & compliance.
CIN L15400GJ1990PLC014265 Incorporated 27 August 1990 ROC Ahmedabad HQ Nadiad, Gujarat, India
Active Listed - NSE: ADFFOODS · BSE: 519183 Public Limited Company food and beverages
Data last updated
Market Cap
₹2,900 Cr
ADFFOODS · NSE
Share Price
₹240.49
-8.89% today
Revenue
₹683 Cr
FY 2025-26 · +15.9% YoY
EBITDA
₹124 Cr
Margin 18.1%
Net Profit
₹94.00 Cr
FY 2025-26 · +50.6% YoY
P/E (TTM)
27.6x
P/B 4.4x
ROE
16.9%
ROCE 20.7%
Debt / Equity
0.11
Interest cover 2.6x

About Adf Foods Limited

Data last updated:

Adf Foods Limited is a public limited company based in Nadiad, Gujarat, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 27 August 1990 and has been in existence for over 36 years.

Its director Jay Mehta and Family is #361 among India's richest people (2026). Its director Pheroze K Mistry is #551 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L15400GJ1990PLC014265. Its GSTIN is 24AACCA2270K1ZX (Gujarat). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 519183 and NSE: ADFFOODS.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹21.97 Cr. It was formerly known as American Dry Fruits Pvt Ltd. It is led by directors including Bimal Ramesh Thakkar (Managing Director) and Arjuun Guuha (Whole-Time Director).

Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 83/86 G I D C Industrial Area, Nadiad, Gujarat, India – 387001.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹683.23 Cr, a growth of 15.9% compared to the previous year. For the same year it recorded a net profit of ₹94 Cr (net margin 13.8%) and EBITDA of ₹123.82 Cr (EBITDA margin 18.1%). The net worth stands at ₹571.93 Cr (up 16.1% YoY). Total assets are valued at ₹631.52 Cr (up 14.1% YoY).

The company has about 354 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.

The company is associated with 1 brand: ADF Foods. As per MCA filings, the company has open charges of ₹145 Cr and satisfied charges of ₹153.51 Cr on record. Court records list 51 cases involving the company, including 32 filed by the company and 19 filed against it; 14 cases are pending. The company has 82 deals on record (79 market trades, 1 buyback, 1 funding round), with disclosed funding of ₹18.52 Cr; the latest was in July 2026. Its 4 peer companies in the Food and Beverages industry (Instant Foods), with the same principal business activity (manufacture of food products) are compared by revenue, 2 larger and 2 smaller; the largest is DFM Foods Limited with revenue of ₹708.45 Cr. The company has 11 MSME Form 1 returns on record between 2018 and 2024, listing 136 overdue payments to 46 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adf-foods.com.

Company details

CIN L15400GJ1990PLC014265
Registration Number 014265
Incorporation Date 27 August 1990
ROC Ahmedabad
Listing Status Listed - Listed on NSE (ADFFOODS); Listed on BSE (519183)
Company Status Active
Date of Last AGM 12 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Bimal Ramesh Thakkar Managing Director Arjuun Guuha Whole-Time Director Viren Ajitkumar Merchant Director

Recognitions & Rankings of Adf Foods

Contact details

Adf Foods Limited's registered office is in Nadiad, Gujarat. Its website is adf-foods.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    adf-foods.com
  • Social Media
  • Registered Address
    83/86 G I D C Industrial Area, Nadiad, Gujarat, India – 387001
  • Industry
    Food and Beverages, Instant & Ready-to-Eat Foods

To see the full contact details of Adf Foods Limited, buy the company report.

Comprehensive company report
Adf Foods Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Adf Foods operates one associated brand: ADF Foods. Each brand links to its own profile.

BrandDescriptionWebsite
ADF Foods
Ethnic Indian foods, pickles, and curries are produced globally.adf-foods.com

Business activity

The main business activity of Adf Foods is manufacturing. In detail, this covers manufacture of food products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing10Manufacture of food products

To see the full business activity and turnover split of Adf Foods Limited, buy the company report.

Financials of Adf Foods Limited

FY 2025-26 filings available

Adf Foods Limited reported revenue of ₹683.23 Cr (up 15.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹683 Cr
+15.9% YoY
EBITDA
₹124 Cr
+25.9% YoY
Profit After Tax
₹94.00 Cr
+50.6% YoY
Net Worth
₹572 Cr
+16.1% YoY
Total Assets
₹632 Cr
+14.1% YoY
Total Debt
₹55.07 Cr
-7.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue683590520450421370285
Revenue growth+15.9%+13.3%+15.6%+6.9%+13.9%+29.7%-
EBITDA12498.3510580.6466.5668.2552.44
EBITDA margin+18.1%+16.7%+20.2%+17.9%+15.8%+18.5%+18.4%
Profit before tax12091.5898.0775.4665.1366.7155.00
Net profit94.0062.4371.4853.8147.8149.5443.16
Net profit margin+13.8%+10.6%+13.7%+12.0%+11.4%+13.4%+15.1%
EPS (₹)8.056.206.7425.1022.5324.5420.97
Balance sheet
Total assets632554499478416275229
Net worth572493441419343274204
Total debt55.0759.2355.8655.2569.920.6223.16
Cash & bank72.3966.0167.7863.4977.6064.7036.71
Net working capital317274228212214178124
Cash flow
Cash from operations57.5937.4269.8450.5234.0935.5531.02
Cash from investing(4.79)(38.95)13.39(60.07)(52.68)(8.52)(38.89)
Cash from financing(24.28)(21.06)(63.41)(4.82)33.00(7.40)13.70
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue167197191163133159147161
Revenue growth (YoY)+25.9%+23.7%+29.5%+0.8%+9.3%---
Other income1.108.702.525.833.051.593.963.55
EBITDA29.6634.3030.2535.7523.5324.6926.3827.68
EBITDA margin+17.7%+17.4%+15.8%+22.0%+17.7%+15.5%+17.9%+17.2%
Depreciation6.575.725.335.194.894.674.634.53
Interest0.690.790.560.770.580.660.730.57
Profit before tax23.5036.4926.8835.6221.1120.9524.9826.13
Tax6.2110.584.499.245.864.506.216.46
Net profit17.2925.9122.3926.3815.2516.4518.7719.67
EPS (₹)1.572.362.042.401.391.501.711.79
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue528478414353302237194
Revenue growth+10.4%+15.5%+17.2%+17.0%+27.6%+21.7%-
EBITDA12410510276.8053.3051.9838.01
EBITDA margin+23.5%+22.0%+24.6%+21.7%+17.7%+22.0%+19.6%
Profit before tax13210610680.7856.1349.1840.53
Net profit10173.8275.8657.7241.2136.1431.82
Net profit margin+19.2%+15.4%+18.3%+16.3%+13.7%+15.3%+16.4%
EPS (₹)8.707.187.1326.8519.4417.9815.43
Balance sheet
Total assets613528460429350289256
Net worth595511451426349288231
Total debt14.3115.767.261.680.060.6223.16
Cash & bank40.7154.2941.7042.0854.3045.2626.56
Net working capital25222818216614412588.13
Cash flow
Cash from operations60.1653.3262.9824.9038.2125.9335.51
Cash from investing(35.57)(48.12)8.32(55.35)(46.04)(8.19)(51.50)
Cash from financing(16.03)(13.44)(56.16)17.9818.38(7.40)13.70
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue121150137140100135121126
Revenue growth (YoY)+20.5%+11.6%+13.3%+11.5%+3.4%---
Other income0.718.472.105.352.741.053.403.09
Total expenses93.4211411010277.8810595.6397.94
EBITDA27.5236.5527.5937.7022.4629.2825.4827.71
EBITDA margin+22.8%+24.3%+20.1%+26.9%+22.4%+21.7%+21.0%+22.1%
Depreciation3.292.572.332.262.091.891.941.89
Interest0.400.480.260.460.260.330.390.23
Profit before tax24.5441.9727.1040.3322.8528.1126.5528.68
Tax6.2811.886.7210.615.856.636.357.31

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue167197191163133159147161
Revenue growth (YoY)+25.9%+23.7%+29.5%+0.8%+9.3%---
Other income1.108.702.525.833.051.593.963.55
EBITDA29.6634.3030.2535.7523.5324.6926.3827.68
EBITDA margin+17.7%+17.4%+15.8%+22.0%+17.7%+15.5%+17.9%+17.2%
Depreciation6.575.725.335.194.894.674.634.53
Interest0.690.790.560.770.580.660.730.57
Profit before tax23.5036.4926.8835.6221.1120.9524.9826.13
Tax6.2110.584.499.245.864.506.216.46
Net profit17.2925.9122.3926.3815.2516.4518.7719.67
EPS (₹)1.572.362.042.401.391.501.711.79
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue683590520450421370285
Revenue growth+15.9%+13.3%+15.6%+6.9%+13.9%+29.7%-
Other income20.1014.0611.0911.219.465.519.42
Total expenses559491415370355302233
Employee cost49.9941.8833.5429.6923.5517.6417.64
EBITDA12498.3510580.6466.5668.2552.44
EBITDA margin+18.1%+16.7%+20.2%+17.9%+15.8%+18.5%+18.4%
Depreciation21.1318.2515.5913.749.085.895.53
Interest2.702.582.342.651.811.161.33
Profit before tax12091.5898.0775.4665.1366.7155.00
Tax30.1722.3424.2819.6016.6116.6412.21
Net profit94.0062.4371.4853.8147.8149.5443.16
Net profit margin+13.8%+10.6%+13.7%+12.0%+11.4%+13.4%+15.1%
EPS (₹)8.056.206.7425.1022.5324.5420.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.3522.3522.3522.3521.3420.4020.40
Reserves & surplus550470419397313235184
Shareholders' funds (net worth)572493441419343274204
Minority interest0.000.000.882.372.620.000.00
Secured loans8.758.750.000.000.000.000.00
Unsecured loans46.3250.4855.8655.2569.920.6223.16
Total debt55.0759.2355.8655.2569.920.6223.16
Total liabilities632554499478416275229
Assets
Gross block376279257234206115109
Net block25818618217516077.2377.20
Capital work in progress26.9918.885.116.720.140.352.38
Investments14.5260.7276.7379.9939.2716.6318.03
Inventories12089.8853.0263.1276.2172.9454.65
Sundry debtors14411710894.2670.9564.9253.19
Cash & bank balances72.3966.0167.7863.4977.6064.7036.71
Loans & advances91.1761.5544.5228.4735.3819.5314.89
Total current assets427335274249260222159
Total current liabilities11060.9845.4137.2846.1144.5435.83
Net working capital317274228212214178124
Total assets632554499478416275229
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash37.0959.6939.8854.2439.8420.2114.38
Net cash from operating activities57.5937.4269.8450.5234.0935.5531.02
Net cash from investing activities(4.79)(38.95)13.39(60.07)(52.68)(8.52)(38.89)
Net cash from financing activities(24.28)(21.06)(63.41)(4.82)33.00(7.40)13.70
Net change in cash28.52(22.60)19.81(14.36)14.4019.635.83
Closing cash72.3966.0167.7863.4977.6064.7036.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+15.9%+13.3%+15.6%+6.9%+13.9%+29.7%-
EBITDA growth+25.9%-6.3%+30.1%+21.2%-2.5%+30.2%-
PBT growth+31.1%-6.6%+30.0%+15.9%-2.4%+21.3%+45.8%
Net income growth+50.6%-12.7%+32.8%+12.6%-3.5%+14.8%-
Revenue CAGR (3Y)+14.9%+11.9%+12.1%+16.4%+22.1%+22.6%+12.4%
EBITDA CAGR (3Y)+15.4%+13.9%+15.4%+15.4%+32.1%+53.1%+33.8%
Profitability & leverage
Net income margin+13.2%+11.7%+14.2%+12.4%+11.5%+13.5%+15.0%
Return on capital employed+20.7%+17.9%+20.6%+17.6%+19.4%+26.9%+28.0%
Return on net worth+16.9%+14.8%+17.2%+14.7%+15.7%+21.0%+22.7%
Debt / equity0.110.120.130.160.110.050.06
Long-term debt / equity0.090.110.110.140.100.000.00
Interest cover2.633.222.623.963.151.862.84
Efficiency & per share
Fixed asset turnover2.082.202.122.052.633.312.81
Inventory turnover6.538.258.966.465.655.806.39
Debtors turnover5.245.225.135.456.206.265.87
EPS (₹)8.056.206.7425.1022.5324.5420.97
Dividend per share (₹)1.201.205.205.004.003.003.00
Book value per share (₹)51.1844.0839.47187.57156.42125.42100.20
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue121150137140100135121126
Revenue growth (YoY)+20.5%+11.6%+13.3%+11.5%+3.4%---
Other income0.718.472.105.352.741.053.403.09
Total expenses93.4211411010277.8810595.6397.94
EBITDA27.5236.5527.5937.7022.4629.2825.4827.71
EBITDA margin+22.8%+24.3%+20.1%+26.9%+22.4%+21.7%+21.0%+22.1%
Depreciation3.292.572.332.262.091.891.941.89
Interest0.400.480.260.460.260.330.390.23
Profit before tax24.5441.9727.1040.3322.8528.1126.5528.68
Tax6.2811.886.7210.615.856.636.357.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue528478414353302237194
Revenue growth+10.4%+15.5%+17.2%+17.0%+27.6%+21.7%-
Other income18.669.9410.9110.119.114.259.37
Total expenses404373312277249185156
Employee cost32.0028.5625.0520.4617.9114.7715.12
EBITDA12410510276.8053.3051.9838.01
EBITDA margin+23.5%+22.0%+24.6%+21.7%+17.7%+22.0%+19.6%
Depreciation9.257.546.385.525.505.895.52
Interest1.451.190.800.610.781.161.33
Profit before tax13210610680.7856.1349.1840.53
Tax35.0626.2426.0920.7614.6312.519.07
Net profit10173.8275.8657.7241.2136.1431.82
Net profit margin+19.2%+15.4%+18.3%+16.3%+13.7%+15.3%+16.4%
EPS (₹)8.707.187.1326.8519.4417.9815.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.3522.3522.3522.3521.3420.4020.40
Reserves & surplus572489429403319250211
Shareholders' funds (net worth)595511451426349288231
Secured loans8.758.750.000.000.000.000.00
Unsecured loans5.567.017.261.680.060.6223.16
Total debt14.3115.767.261.680.060.6223.16
Total liabilities613528460429350289256
Assets
Gross block24516114212911010194.83
Net block19011510395.5381.3277.2277.19
Capital work in progress26.9918.885.110.690.140.352.38
Investments14816517116812686.6084.17
Inventories55.3045.9336.4736.6435.3230.4227.56
Sundry debtors15611698.4188.6660.9254.2543.93
Cash & bank balances40.7154.2941.7042.0854.3045.2626.56
Loans & advances83.5556.1741.2026.9526.1819.2014.05
Total current assets336272218194177149112
Total current liabilities83.3643.9536.1728.1432.7723.9723.97
Net working capital25222818216614412588.13
Total assets613528460429350289256
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash25.3833.6218.4730.9420.3910.0612.35
Net cash from operating activities60.1653.3262.9824.9038.2125.9335.51
Net cash from investing activities(35.57)(48.12)8.32(55.35)(46.04)(8.19)(51.50)
Net cash from financing activities(16.03)(13.44)(56.16)17.9818.38(7.40)13.70
Net change in cash8.56(8.24)15.15(12.47)10.5510.34(2.29)
Closing cash40.7154.2941.7042.0854.3045.2626.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+10.4%+15.5%+17.2%+17.0%+27.6%+21.7%-
EBITDA growth+18.1%+3.2%+32.8%+44.1%+2.5%+36.8%-
PBT growth+24.3%+0.7%+30.9%+43.9%+14.1%+21.3%-7.8%
Net income growth+37.4%-2.7%+31.4%+40.1%+14.0%+13.6%-
Revenue CAGR (3Y)+14.3%+16.6%+20.5%+22.0%+17.2%+13.1%+5.6%
EBITDA CAGR (3Y)+17.4%+25.5%+25.2%+26.4%+14.9%+43.3%+20.4%
Profitability & leverage
Net income margin+18.4%+16.8%+19.2%+17.0%+13.7%+15.5%+16.2%
Return on capital employed+23.4%+21.8%+24.0%+20.9%+17.8%+18.5%+17.9%
Return on net worth+17.6%+16.7%+18.2%+15.5%+13.0%+14.1%+14.3%
Debt / equity0.030.020.010.000.000.050.05
Long-term debt / equity0.020.020.010.000.000.000.00
Interest cover1.261.220.840.861.632.524.09
Efficiency & per share
Fixed asset turnover2.603.163.062.972.872.422.21
Inventory turnover10.4311.6111.339.829.198.167.24
Debtors turnover3.884.474.434.725.244.824.51
EPS (₹)8.707.187.1326.8519.4417.9815.43
Dividend per share (₹)1.201.201.205.004.003.003.00
Book value per share (₹)53.2245.7340.35190.44159.34132.30113.39

To see the full year-wise statements and ratios of Adf Foods Limited, buy the company report.

Board of directors of Adf Foods Limited

Adf Foods has 8 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Viren Ajitkumar Merchant
Also directs: Encore Business Centre LLP, Encore Ventures LLP, Saurashtra Cement Limited and 3 more
Director03 Nov 200521 Years 0 MonthsCurrent
Jay Mahendra Mehta
Also directs: Saurashtra Cement Limited, Omna Enterprises LLP, Goodkarma Farms LLP and 5 more
Director12 Feb 20197 Years 8 MonthsCurrent
Deepa Misra Harris
Also directs: Brands We Love LLP, TCPL Packaging Limited, Yatra Online Limited and 2 more
Director25 Mar 20206 Years 7 MonthsCurrent
Bimal Ramesh Thakkar
Also directs: Adf Foods (India) Limited, Metis Trading LLP, H J Thakkar Property Investment LLP and 2 more
Managing Director30 May 200323 Years 5 MonthsCurrent
Ameet Pratapsinh Hariani
Also directs: Strides Pharma Science Limited, Mahindra Lifespace Developers Limited, Mahindra Logistics Limited and 5 more
Director01 Feb 20251 Years 9 MonthsCurrent
Arjuun GuuhaWhole-Time Director31 Oct 20233 Years 0 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Adf Foods Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Instant Foods), with the same principal business activity (manufacture of food products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
DFM Foods Limited₹708.45 Cr (FY 2025)26.0%New Delhi, Delhi, India
Id Fresh Food (India) Private Limited₹688.22 Cr (FY 2025)22.0%Bangalore, Karnataka, India
Adf Foods Limitedthis company₹683.23 Cr (FY 2026)₹94 Cr13.8%15.9%354Nadiad, Gujarat, India
Arrikar Foods Private Limited₹575.95 Cr (FY 2025)13.0%Kunnathunad, Kerala, India
Tasty Bite Eatables Ltd₹573.02 Cr (FY 2025)3.0%Pune, Maharashtra, India

To see the full peer comparison of Adf Foods Limited, buy the company report.

Auditor

Adf Foods Limited is audited by M S K A & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
M S K A & AssociatesFY 2025105047W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 36.10%, foreign institutional investors hold 11.60%, domestic institutional investors hold 21.30% and retail and other public shareholders hold 31.00%.

Promoters: 36.10%DII (Domestic Institutional): 21.30%FII (Foreign Institutional): 11.60%Retail & Others: 31.00%
Sep 2026
QUARTER
36.10% Promoters
21.30% DII (Domestic Institutional)
11.60% FII (Foreign Institutional)
31.00% Retail & Others
Promoter holding - history
Now 36.10% · Sep 2026High 36.10% · Dec 2025Low 36.10% · Dec 2025
35%35.8%36.5%37.3%38%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 36.10%Mar 2026: 36.10%Jun 2026: 36.10%Sep 2026: 36.10%36.10%36.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters36.10%36.10%36.10%36.10%
Public63.90%63.90%63.90%63.90%

Charges & borrowings

Open charges
₹145 Cr
Satisfied charges
₹153.51 Cr
Breakdown by lending institutions
State Bank of India₹110.00 Cr
Hdfc Bank Limited₹35.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Dec 2025101201433Hdfc Bank Limited₹35 CrOpen
14 Sep 199690095952State Bank of India₹110 CrOpen
21 Nov 2016100062534Others₹10 LakhSatisfied
01 Jun 201510576459Icici Bank Limited₹40 LakhSatisfied
20 Apr 201510564362Bmw India Financial Services Private Limited₹40 LakhSatisfied

To see the full charge records of Adf Foods Limited, buy the company report.

Total charge records: 35 View all charges

Deals & funding

Adf Foods Limited has 82 deals on record (79 market trades, 1 buyback, 1 funding round), with disclosed funding of ₹18.52 Cr; the latest was in July 2026.

Total deals
82
Market trades
79
Buyback
1
Funding round
1
Secondary share transfer
1
Disclosed funding
₹18.52 Cr

Deals on record (5 of 82)

WhenDealAmountParties
Jul 2026Market trade₹19.85 CrBuyer: Qe Securities LLP
Seller: Qe Securities LLP
Apr 2026Market trade₹33.8 CrBuyer: Sbi Funds Management Limited
Apr 2026Market trade₹23.4 CrBuyer: Sbi Funds Management Limited
Sep 2024Market trade₹23.36 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Feb 2024Market trade₹16.45 CrBuyer: Open Elite Developers Limited
Seller: Top Class Capital Markets Private Limited

To see the full deal history of Adf Foods Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Adf Foods Limited was last rated by Crisil on 12 May 2020.

Rating agencyRated onRating
Crisil12 May 2020

To see the full credit ratings and regulatory alerts of Adf Foods Limited, buy the company report.

MSME payment delays

Adf Foods Limited has 11 MSME Form 1 returns on record between 2018 and 2024, listing 136 overdue payments to 46 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 46)

SupplierAmount dueDue sinceReported on
Samkin Treasure Molders Private Limited
an individual supplier
S3m Design Consultants LLP
an individual supplier
Viraj Prints

To see the full MSME payment records of Adf Foods Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Adf Foods has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

4
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Adf Foods (India) LimitedU15132GJ2009PLC058782
Power Brands (Foods) Pvt LtdU15490MH2007PTC170748
Telluric Foods LimitedU52399MH2022PLC382741
Telluric Foods (India) LimitedU52609MH2022PLC386349

To see the full group structure of Adf Foods Limited, buy the company report.

Employees & EPFO

Adf Foods Limited has a workforce of 354 employees on its EPFO records as of Apr 07, 2024, across 3 active EPFO establishments.

Employee count
354
Active EPFO establishments
3
Employee growth
2.91%

GST

Adf Foods has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
24AACCA2270K1ZXGujaratActive01 Jul 2017
27AACCA2270K1ZRMaharashtraActive01 Jul 2017
27AACCA2270K2ZQMaharashtraActive11 Oct 2017

To see the full GST registrations and return filing status of Adf Foods Limited, buy the company report.

Recent activity

Adf Foods Limited has 37 board changes on record since 1991: 23 appointments and 14 cessations. The latest: Shardul Arvind Doshi ceased to be CFO on 10 Dec 2025.

Filing
Adf Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Ceased
Shardul Arvind Doshi ceased to be CFO.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.00 Cr with Charge ID 101201433 was registered on 04 Dec 2025.
AGM
Adf Foods Limited last Annual general meeting of members was held on 12 Aug 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 110.00 Cr registered on 14 Sep 1996 with Charge ID 90095952 was modified on 14 Feb 2025.
Ceased
Chandir Gobind Gidwani ceased to be Director.
Appointed
Ameet Pratapsinh Hariani was appointed as Director.
Charges
A charge registered on 03 Nov 1952 via Charge ID 90095784 with State Bank Of Hyderabad was fully satisfied on 21 Jan 2025.
Ceased
Ravinder Kumar Jain ceased to be Director.
Appointed
Manmohan Srivastava was appointed as Director.
Appointed
Arjuun Guuha was appointed as Whole-Time Director.
Appointed
Pheroze Kersasp Mistry was appointed as Director.

103 earlier events are in the company report.

News

ADFFOODS: Q2 EBITDA 389.7M RUPEES VS 357.5M (YOY); Q2 EBITDA MARGIN 19.40% VS 21.99% (YOY)
05 Nov 2026 · Exchange Update
ADFFOODS: Q2 CONS NET PROFIT 253.4M RUPEES VS 263.9M (YOY)
05 Nov 2026 · Exchange Update
ADFFOODS: Q2 REVENUE 2.01B RUPEES VS 1.63B (YOY)
05 Nov 2026 · Exchange Update
ADF FOODS: CO SUBSIDIARY ENTERS FORBEARANCE AGREEMENT WITH ASCOT VALLEY FOODS; AGREEMENT INVOLVES US$1.75M PAYMENT TOWARDS US$2.31M JUDGMENTS; INITIAL PAYMENT OF US$450,000
10 Oct 2026 · Exchange Update
ADF Foods: Co Signs EPC Contract For 950 KWP Rooftop Solar Plant At Surat Facility, Aiming To Cover 46% Of Energy Needs, Expected To Start By Year-End.
02 Oct 2026 · Exchange Update

Frequently asked questions

Adf Foods is an active public limited company based in Nadiad, Gujarat, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 27 August 1990 (36+ years old) and is registered under CIN L15400GJ1990PLC014265. Listed on BSE: 519183 and NSE: ADFFOODS.

Adf Foods reported revenue of ₹683.23 Cr for FY 2025-26 (up 15.9% YoY) based on consolidated financials.

Adf Foods has 8 current directors:

The latest financial statements of Adf Foods on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Adf Foods is 24AACCA2270K1ZX, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AACCA2270K1ZR (Maharashtra), 27AACCA2270K2ZQ (Maharashtra).

The CIN (Corporate Identification Number) of Adf Foods is L15400GJ1990PLC014265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Adf Foods is a listed company as per MCA records. Its shares are listed on both BSE (code: 519183) and NSE (symbol: ADFFOODS).

Adf Foods has 51 court cases on record: 32 filed by the company and 19 filed against it. 14 are pending. Most are in the high courts.

Adf Foods was incorporated on 27 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Adf Foods has 82 deals on record (79 market trades, 1 buyback, 1 funding round), with disclosed funding of ₹18.52 Cr; the latest was in July 2026.

The peers of Adf Foods by revenue are DFM Foods Limited, Id Fresh Food (India) Private Limited, Arrikar Foods Private Limited, Tasty Bite Eatables Ltd, all in the Food and Beverages industry (Instant Foods), with the same principal business activity (manufacture of food products).

Shardul Arvind Doshi ceased to be CFO on 10 Dec 2025. Chandir Gobind Gidwani ceased to be Director on 06 Feb 2025. Ameet Pratapsinh Hariani was appointed as Director on 01 Feb 2025. Adf Foods has 37 board changes on record in total.