Mishtann Foods share price, P/E, ROE & financials

Mishtann Foods (BSE: MISHTANN) had a P/E of 1.9× on 6 Nov 2026, below the industry P/E of 13.7×, and the shares are 44% below their 52-week high. It earns ROCE of 20% and ROE of 23%, and sales and net profit grew 21% and 74% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹329 Cr, ranked 13th of 81 Farm Products companies by market cap; the shares fell 39% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹3.10
Day high: ₹3.18
Day low: ₹3.01
Prev. close: ₹3.15
Volume: 6.6 L

Health check

2 good · 1 fair · 3 to check

ReturnsBehind
−38.7% over a year, better than 1 of 7 peers.
Price tagCheaper
P/E 1.9 vs industry 13.7.
GrowthStrong
Sales +21.0%, profit +74.1% a year over 3 years.
ProfitabilityAverage
ROCE 19.8% vs peer median 10.6%.
Balance sheetStretched
Practically debt-free, Piotroski 2 of 9.
Red flags3 to check
Quarterly profit down 99.4% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Farm Products

80 listed peers. Screen the industry

Small cap

₹329 Cr, #13 of 81 in its industry by size.

High beta

Beta 1.42 vs the NIFTY 50: swings more than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹786 Cr · profit ₹181 Cr

Market cap: ₹329 Cr; Small cap
P/E: 1.9; Industry 13.7
Price to book: 0.25; Peers 1.92
Dividend yield: 0.00%
ROE: 23.3%; Peers 7.6%
ROCE: 19.8%; Peers 10.6%
Debt to equity: 0.05; Debt ₹62 Cr
EPS (TTM): ₹1.63
OPM (TTM): 23.4%; Net margin 23.1%
Sales growth: −95.3%; Latest quarter vs a year ago
Profit growth: −99.4%; Latest quarter vs a year ago
Price to sales: 0.42; EV/EBITDA 2.2

Strengths

Return on equity of 23.3%.
Practically debt-free.
Net margin of 23.1%.
P/E of 1.9 against an industry P/E of 13.7.

Risks to check

Quarterly profit down 99.4% on a year ago.
Quarterly sales down 95.3% on a year ago.
44% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Mishtann Foods

Mishtann Foods Limited engages in the manufacturing, processing, and trading of basmati and raw rice, rice, wheat, dal, salt, and other food grains in India. The company was formerly known as HICS Cements Ltd. and changed its name to Mishtann Foods Limited in February 2015. Mishtann Foods Limited was incorporated in 1981 and is based in Ahmedabad, India.

Headquarters: Ahmedabad
Sector: Consumer Defensive
ISIN: INE094S01041
Website: mishtann.com

Price range

52 weeks

₹2.72₹5.47

Today

₹3.01₹3.18

Avg volume (3M): 10 L
1-year return: minus 38.7%
From 52-week high: minus 44.2%

Peers · Farm Products

Compare with peers Screen the whole industry

Company
AEROPLANEAmir Chand Jagdish Kumar (Exports)	238.71	minus 1.56%	2,472	19.9	2.49	23.2%	15.9%	10.5%	20.6%	80.7%	0.00%	plus 32.6%
VENKEYSVenky's (India)	1,587.90	minus 1.21%	2,237	12.9	1.40	12.1%	9.1%	6.0%	−4.0%	25.5%	0.63%	plus 4.5%
ANDREWYUAndrew Yule & Company	23.47	minus 2.21%	1,148	–	3.55	−4.7%	−5.8%	−27.2%	−7.7%	–	0.00%	minus 25.1%
PERVASIVEPervasive Commodities	12.32	minus 1.44%	1,110	–	–	0.0%	−0.1%	−0.9%	–	–	0.00%	plus 941.7%
APEXApex Frozen Foods	324.45	minus 1.14%	1,014	19.7	1.92	10.6%	7.6%	7.7%	−4.5%	2.7%	0.77%	plus 39.0%
ZEALZeal Global Services	69.45	plus 4.99%	876	–	–	33.8%	14.7%	4.0%	22.5%	26.0%	–	minus 39.9%
DBOLDhampur Bio Organics	127.32	minus 6.27%	835	25.3	0.82	7.7%	2.5%	6.5%	−4.3%	−39.0%	1.18%	plus 73.0%
MISHTANNMishtann Foods	3.05	minus 3.17%	329	1.9	0.25	19.8%	23.3%	23.4%	21.0%	74.1%	0.00%	minus 38.7%
Median of 7 peers	–	−1.44%	1,110	19.8	1.92	10.6%	7.6%	6.0%	−4.2%	25.5%	0.32%	32.6%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
386	386	336	30.8	18.3
302	290	254	30.2	17.1
83.8	96.5	82.5	0.6	1.2
21.7%	25.0%	24.5%	1.9%	6.4%
0	0	0	0	0
0.5	0.4	0.4	0.3	0.3
0.1	0.1	0.1	0.1	0.1
83.2	95.9	82	0.2	0.8
0.7%	0.5%	0.6%	76.4%	36.4%
82.7	95.4	81.5	0	0.5
0.77	0.88	0.75	–	–

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +21.0%
Profit CAGR 3Y: +74.1%
EPS CAGR 3Y: +69.6%
ROE: 23.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
650	1,288	1,375	1,153
–	+98.0%	+6.8%	minus 16.1%
568	929	1,036	886
82.7	359	339	267
12.7%	27.9%	24.6%	23.2%
−0.2	0.1	0.1	0.1
4.8	4.5	2	1.6
0.8	0.7	0.6	0.5
76.8	354	337	265
35.0%	2.2%	0.9%	0.6%
49.9	346	333	263
–	+593.1%	minus 3.7%	minus 21.0%
0.50	3.35	3.09	2.44

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
100	103	108	108
50.2	448	853	1,193
60.3	46.6	47	62.2
47.6	48.5	175	921
258	646	1,182	2,284
4.3	3.6	3.1	2.6
0	0	0.2	0.2
0	0.5	0.2	0.2
254	642	1,179	2,281
258	646	1,182	2,284

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−2.6	−40.7	−48.7	−65.5
−0.1	−0.2	−0	−0
2.4	41.4	48.4	65.5
−0.2	0.4	−0.3	−0
−0.1	−0	−0	−0
−2.6	−40.8	−48.7	−65.5
−0.2	−0.1	–	–

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you