Sheetal Ice Cream

Rajkot, India Founded: 2013 • Age: 13 yrs Listed
Produces and sells a variety of ice cream flavors through retailers in India.
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About Sheetal Ice Cream

Sheetal Ice Cream is a publicly listed company based in Rajkot (India) founded in 2013 by Jagdishbhai D Bhuva. It produces and sells a variety of ice cream flavors through retailers in India. It operates on a B2C and B2B model. The company has 13 employees. Its Indian entity Sheetal Cool Products Limited reported revenue of ₹367 Cr. Sheetal Ice Cream offers products and services including Ice Cream Sandwich, Dark Choco Fantasy Cone, Matka Kulfi, and Cookies. Its focus areas include Food and Beverages, Dairy Products, Ice Cream and Frozen Desserts. Its competitors include Desi Farms, Hangyo and Dairy Day; 3 of its 3 listed competitors have raised funding.

Company details

Sheetal Ice Cream, founded by Late Shri Jagdishbhai D. Bhuva, manufactures ice creams from pure milk with over 100 flavors. The company operates from Amreli, Gujarat, India, and distributes products across more than 160 cities via 28,000 retailers. It offers items like cones, sandwiches, and kulfi, focusing on quality and fun for consumers.

  • Headquarters Rajkot, India
  • Employees 13
  • Founders Jagdishbhai D Bhuva
  • Stage Public
  • Sectors
    Consumer
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website sheetalicecream.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Sheetal Cool Products Ltd.
Operational Areas
Consumer → Food & Beverage Products & Processing
Key Metrics
  • Market Cap
    ₹613 Cr

    SCPL · NSE

  • Share Price
    ₹599.10

    +2.64% today

  • Revenue
    ₹366 Cr

    FY 2025-26 · +13.9% YoY

  • EBITDA
    ₹41.18 Cr

    Margin 11.2%

  • Net Profit
    ₹19.11 Cr

    FY 2025-26 · +4.5% YoY

  • P/E (TTM)
    29.1x

    P/B 4.0x

  • Employee Count
    13

Products & Services of Sheetal Ice Cream

Sheetal Ice Cream offers a comprehensive portfolio of products and services, including Ice Cream Sandwich, Dark Choco Fantasy Cone, Matka Kulfi, and Cookies.

Ice Cream Sandwich
Frozen Desserts

Sandwich-style ice cream made with various flavors.

Dark Choco Fantasy Cone
Cones

Cone featuring dark chocolate ice cream.

Matka Kulfi
Traditional Desserts

Indian-style kulfi in matka pots.

Cookies
Ice Cream Add-ons

Cookie-based ice cream varieties.

Apps and channels of Sheetal Ice Cream

its YouTube channel Sheetal Food World has 1.29K subscribers and 7 videos.

Sheetal Food World
YouTube 1.29K subscribers 7 videos Howto & Style
Open channel

Videos from Sheetal Ice Cream

The most watched videos on Sheetal Ice Cream's YouTube channel, Sheetal Food World (1.29K subscribers). Click a video to play it here.

Sheetal Ice cream | Alphonso Mango | Natural Ice cream
5.4K views
Civil Hospital Amreli - Online Oxygen Plant | Free of Cost | Sheetal Ice Cream
4.1K views
Sheetal Cookies | Chocolate Chips Cookies | Badam Pista Cookies
1.9K views
Watch till the end to find out what our secret agent is upto....
257 views

More on Sheetal Food World.

Board of directors of Sheetal Cool Products Limited (Sheetal Ice Cream)

Sheetal Cool Products Limited is the primary company behind Sheetal Ice Cream. The board of Sheetal Cool Products Limited currently have 6 directors; the longest-serving is Dinesh Kumar Dakubhai Bhuva, appointed in 2013. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Dinesh Kumar Dakubhai Bhuva
DIN 06616078
Whole-time director14 Oct 201313 yrsSheetal Cool Products Limited
Bhupatbhai Dakubhai Bhuva
DIN 06616061
Managing Director14 Oct 201313 yrsSheetal Cool Products Limited
Sanjay Dakubhai Bhuva
DIN 06616086
Whole-time director14 Oct 201313 yrsSheetal Cool Products Limited
Ajaykumar Vipulbhai Mandanka
DIN 07939036
Director04 Sep 20179 yrs 2 moSheetal Cool Products Limited
Kiranben Nileshbhai Gajera
DIN 07939020
Director04 Sep 20179 yrs 2 moSheetal Cool Products Limited
Vijay Bhagwanbhai Desai
DIN 09713219
Director25 Aug 20224 yrs 2 moSheetal Cool Products Limited

People of Sheetal Ice Cream

1 people are tracked at Sheetal Ice Cream (1 in leadership); the tracked headcount is 13.

NameRoleGroup
Jagdishbhai D Bhuva
ex-FounderLeadership
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IPO & Listings of Sheetal Ice Cream

Sheetal Ice Cream is a publicly listed company on the NSE with ticker symbol SCPL in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date30 Oct 2017
  • Listed onNSE: SCPL
  • Listed entitySheetal Cool Products Ltd.
  • Exchange sectorConsumer non-durables
  • ISININE501Y01019
  • Share price₹605.10 (-0.38% on the day) · 2026-10-14
  • Market capitalisation₹652 Cr
  • Price to earnings30.6
  • EPS (diluted, trailing year)₹19.77
  • Volume (last session)3,560

Financials of Sheetal Ice Cream

Exchange-reported figures of Sheetal Cool Products Limited, the listed company behind Sheetal Ice Cream (NSE: SCPL).

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹366 Cr
+13.9% YoY
EBITDA
₹41.18 Cr
+13.1% YoY
Profit After Tax
₹19.11 Cr
+4.5% YoY
Net Worth
₹157 Cr
+19.7% YoY
Total Assets
₹223 Cr
+3.4% YoY
Total Debt
₹49.83 Cr
-33.7% 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
Revenue366321353340327232259
Revenue growth+13.9%-8.9%+3.7%+4.1%+40.9%-10.4%-
EBITDA41.1836.4243.4843.1437.4522.9732.15
EBITDA margin+11.3%+11.3%+12.3%+12.7%+11.5%+9.9%+12.4%
Profit before tax25.9422.5228.1927.6924.718.3212.85
Net profit19.1118.2921.6021.7618.473.0110.00
Net profit margin+5.2%+5.7%+6.1%+6.4%+5.7%+1.3%+3.9%
EPS (₹)18.2115.7819.8519.4817.465.819.34
Balance sheet
Total assets223216207191159138134
Net worth15713111593.6973.2254.8048.70
Total debt49.8375.2083.5785.7774.1971.3451.80
Cash & bank0.5210.025.041.940.944.080.56
Net working capital17017015913810471.5840.48
Cash flow
Cash from operations34.2638.0829.9117.625.396.4921.33
Cash from investing(18.26)(18.17)(15.70)(20.74)(6.46)(16.24)(25.13)
Cash from financing(25.51)(14.93)(11.11)4.11(2.07)13.271.31
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue13313363.8855.9111393.5551.0152.99
Revenue growth (YoY)+17.5%+42.5%+25.2%+5.5%-8.8%---
Other income0.050.300.230.090.09(9.90)0.0210.19
Total expenses11911854.6349.7010273.0145.2555.95
EBITDA13.9815.289.256.2110.4420.545.76(2.96)
EBITDA margin+10.5%+11.5%+14.5%+11.1%+9.2%+22.0%+11.3%-5.6%
Depreciation2.402.252.252.561.792.022.041.96
Interest2.292.291.701.561.552.021.541.44
Profit before tax9.3411.045.532.187.196.602.203.83
Tax2.352.881.530.581.841.860.071.58

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 06 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue13313363.8855.9111393.5551.0152.99
Revenue growth (YoY)+17.5%+42.5%+25.2%+5.5%-8.8%---
Other income0.050.300.230.090.09(9.90)0.0210.19
Total expenses11911854.6349.7010273.0145.2555.95
EBITDA13.9815.289.256.2110.4420.545.76(2.96)
EBITDA margin+10.5%+11.5%+14.5%+11.1%+9.2%+22.0%+11.3%-5.6%
Depreciation2.402.252.252.561.792.022.041.96
Interest2.292.291.701.561.552.021.541.44
Profit before tax9.3411.045.532.187.196.602.203.83
Tax2.352.881.530.581.841.860.071.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue366321353340327232259
Revenue growth+13.9%-8.9%+3.7%+4.1%+40.9%-10.4%-
Other income0.710.772.791.723.176.721.26
Total expenses325285309297289209227
Employee cost0.0019.3020.3923.6816.7614.5616.23
EBITDA41.1836.4243.4843.1437.4522.9732.15
EBITDA margin+11.3%+11.3%+12.3%+12.7%+11.5%+9.9%+12.4%
Depreciation8.857.949.179.6410.9015.0115.86
Interest7.106.738.917.535.016.364.70
Profit before tax25.9422.5228.1927.6924.718.3212.85
Tax6.835.937.377.256.372.223.04
Net profit19.1118.2921.6021.7618.473.0110.00
Net profit margin+5.2%+5.7%+6.1%+6.4%+5.7%+1.3%+3.9%
EPS (₹)18.2115.7819.8519.4817.465.819.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.5010.5010.5010.5010.5010.5010.50
Reserves & surplus14012110483.1962.7244.3038.20
Shareholders' funds (net worth)15713111593.6973.2254.8048.70
Secured loans39.5975.2076.2578.0149.4762.6151.80
Unsecured loans10.240.007.327.7624.728.730.00
Total debt49.8375.2083.5785.7774.1971.3451.80
Total liabilities223216207191159138134
Assets
Gross block142125121117112113127
Net block48.2239.8743.9349.1553.0265.4892.23
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories15214813016811797.1850.88
Sundry debtors35.6645.5350.003.1620.785.5225.21
Cash & bank balances0.5210.025.041.940.944.080.56
Loans & advances22.961.431.551.011.281.612.62
Total current assets21120518617414010879.27
Total current liabilities41.2734.9427.4736.1336.5436.8138.79
Net working capital17017015913810471.5840.48
Total assets223216207191159138134
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash10.025.041.940.944.080.563.06
Net cash from operating activities34.2638.0829.9117.625.396.4921.33
Net cash from investing activities(18.26)(18.17)(15.70)(20.74)(6.46)(16.24)(25.13)
Net cash from financing activities(25.51)(14.93)(11.11)4.11(2.07)13.271.31
Net change in cash(9.50)4.983.101.00(3.14)3.52(2.50)
Closing cash0.5210.025.041.940.944.080.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+13.9%-8.9%+3.7%+4.1%+40.9%-10.4%-
EBITDA growth+13.1%-16.2%+0.8%+15.2%+63.0%-28.6%-
PBT growth+15.2%-20.1%+1.8%+12.1%+197.0%-35.3%+215.0%
Net income growth+4.5%-15.3%-0.7%+17.8%+513.6%-69.9%-
Revenue CAGR (3Y)+2.5%-0.6%+15.0%+9.5%+11.8%+3.9%+18.8%
EBITDA CAGR (3Y)-1.5%-0.9%+23.7%+10.3%+37.3%+17.6%+61.2%
Profitability & leverage
Net income margin+5.2%+5.2%+5.9%+6.0%+5.6%+2.6%+3.8%
Return on capital employed-+15.0%+18.7%+20.2%+20.0%+7.7%+14.5%
Return on net worth-+14.9%+20.0%+24.5%+28.7%+5.8%+22.4%
Debt / equity-0.650.810.961.141.191.11
Long-term debt / equity-0.050.100.170.340.570.78
Interest cover21.9623.6325.9722.4818.8779.9028.85
Efficiency & per share
Fixed asset turnover-2.622.972.982.911.932.21
Inventory turnover-2.322.372.393.053.135.75
Debtors turnover-6.7313.2728.4324.8515.0914.92
EPS (₹)18.2115.7819.8519.4817.465.819.34
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.00124.87109.0889.2369.7452.1946.38

Competitors of Sheetal Ice Cream

Sheetal Ice Cream has 3 listed competitors in our database, 3 of them funded. They include Desi Farms, Hangyo and Dairy Day.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Desi Farms
desifarmsindia.in2016Pune, India$6M79
Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products
Hangyo
hangyo.in2002Mangaluru, India$30.35M663
Ice cream products are manufactured and branded by Hangyo.
Dairy Day
dairyday.com2002Bengaluru, India$16.59M1,143
Processor & brand of ice creams
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Detailed competitors of Sheetal Ice Cream

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Web traffic of Sheetal Ice Cream

The website of Sheetal Ice Cream (sheetalicecream.com) receives about 3.1K visits a month.

  • Monthly visits
    3.1K

    ▲ 7.6% vs previous month

Similar websites

Websites whose visitors overlap most with Sheetal Ice Cream. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
buenosearch.com
buenosearch.com
100%
–
Facebook
facebook.com
100%
12.1B#3View details

Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Sheetal Ice Cream (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Country Delight
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Blue Tokai Coffee Roasters
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Licious
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 143.51 M2,828
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Related news about Sheetal Ice Cream

SCPL: Q2 STANDALONE NET PROFIT 32.4M RUPEES VS 15.9M (YOY); REVENUE 653.1M RUPEES VS 559.1M (YOY)
Exchange Update • today
SCPL: Q2 EBITDA 83.6M RUPEES VS 62.1M (YOY); Q2 EBITDA MARGIN 12.81% VS 11.10% (YOY)
Exchange Update • today
Sheetal Cool Products June-Quarter PAT 69.9 Million Rupees
Reuters • 2 months ago
Sheetal Cool Products Gets Export Order For Supply Of Products
Reuters • 4 months ago
Sheetal Cool Products Commences New Manufacturing Facility Located At Amreli, Gujarat
Reuters • 5 months ago
Sheetal Cool Products Raising Funds Up To 280 Million Rupees Via Warrants
Reuters • 10 months ago
Sheetal Cool Products To Consider Raising Of Funds
Reuters • 10 months ago
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Business Standard • 1 year ago
Stock Market Sectors: Stock market update: FMCG stocks down as market rises - The Economic Times
Economic Times • 1 year ago
Stock Market Sectors: Stock market update: FMCG stocks up as market falls - The Economic Times
Economic Times • 1 year ago
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Frequently Asked Questions about Sheetal Ice Cream

Sheetal Ice Cream was founded in 2013.

Sheetal Ice Cream is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.

Sheetal Ice Cream has 13 employees.

The primary company behind Sheetal Ice Cream, Sheetal Cool Products Limited, reported revenue of ₹367 Cr for FY 2026, up 14% year on year.

Sheetal Ice Cream, founded by Late Shri Jagdishbhai D. Bhuva, manufactures ice creams from pure milk with over 100 flavors. The company operates from Amreli, Gujarat, India, and distributes products across more than 160 cities via 28,000 retailers. It offers items like cones, sandwiches, and kulfi, focusing on quality and fun for consumers.

Sheetal Ice Cream's top competitors include Hangyo, Desi Farms and Dairy Day.

Sheetal Ice Cream offers Ice Cream Sandwich, Dark Choco Fantasy Cone, Matka Kulfi, and Cookies.

Yes, Sheetal Ice Cream is publicly traded on NSE under the ticker symbol SCPL.

Sheetal Ice Cream operates through Sheetal Cool Products Limited.

The legal entities of Sheetal Ice Cream currently have 8 directors, including Ajaykumar Vipulbhai Mandanka, Kiranben Nileshbhai Gajera, Dinesh Kumar Dakubhai Bhuva and others.

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