DSM Fresh Foods (BSE: ZAPPFRESH) had a P/E of 6.0× on 6 Nov 2026, below the industry P/E of 23.2×, and the shares are 78% below their 52-week high. Sales and net profit grew 58% and 74% a year over 3 years, with ROCE of 23% and ROE of 17%. Debt is 0.56× equity. It is listed on an SME platform with a market cap of ₹100 Cr, ranked 13th of 28 Food Distribution companies by market cap; the shares fell 74% over the past year.
- ₹46.38
- ₹46.38
- ₹44.75
- ₹47.45
- 40.8K
Health check
- ReturnsBehind
−73.9% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 6.0 vs industry 23.2.
- GrowthStrong
Sales +57.7%, profit +73.6% a year over 3 years.
- ProfitabilityStrong
ROCE 23.1% vs peer median 16.4%.
- Balance sheetFair
Debt 0.56× equity, interest covered 4.9×, Piotroski 4 of 9.
- Red flags2 to check
Quarterly profit down 17.5% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹100 Cr
- Small cap
- P/E
- 6.0
- Industry 23.2
- Price to book
- 0.86
- Peers 3.92
- Dividend yield
- 0.00%
- ROE
- 17.4%
- Peers 13.3%
- ROCE
- 23.1%
- Peers 16.4%
- Debt to equity
- 0.56
- Debt ₹64 Cr
- EPS (TTM)
- ₹7.46
- OPM (TTM)
- 11.6%
- Net margin 6.5%
- Sales growth
- +95.8%
- Latest quarter vs a year ago
- Profit growth
- −17.5%
- Latest quarter vs a year ago
- Price to sales
- 0.45
- EV/EBITDA 4.4
Strengths and risks
Strengths
- Return on capital employed of 23.1%.
- Quarterly sales up 95.8% on a year ago.
- P/E of 6.0 against an industry P/E of 23.2.
Risks to check
- Quarterly profit down 17.5% on a year ago.
- 78% below its 52-week high.
About DSM Fresh Foods
DSM Fresh Foods Limited manufactures and sells fresh and processed meat products, seafood, and value-added food items in India. The company's product categories include fresh chicken, mutton, fish and seafood, pre-marinated ready-to-cook selections, heat-and-eat snacks, kebabs, cold cuts, and a range of frozen vegetarian snacks under the Meevaa Foods brand. The company sells its products online under the Zappfresh brand. The company was formerly known as…
- Headquarters
- New Delhi
- Employees
- 72
- Sector
- Consumer Defensive
- ISIN
- INE0SUM01015
- Website
- zappfresh.com
Price range
- Avg volume (3M)
- 52.7K
- 1-year return
- minus 73.9%
- From 52-week high
- minus 78.4%
Peers · Food Distribution
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DODLADodla Dairy | 980.60 | minus 0.92% | 5,916 | 27.4 | 3.44 | 15.9% | 13.3% | 5.8% | 13.6% | 29.7% | 0.51% | minus 20.4% |
| MRUTRMrugesh Trading | 71.09 | minus 4.78% | 5,136 | – | 49.75 | −0.3% | −0.5% | −12.3% | – | – | 0.00% | plus 3293.6% |
| VADILENTVadilal Enterprises | 9,470.00 | minus 0.05% | 817 | 59.8 | 11.89 | 25.7% | 25.2% | 3.0% | 9.3% | 19.3% | 0.02% | minus 6.2% |
| SURJINDSuraj Industries | 55.98 | minus 1.62% | 437 | 29.5 | – | 1.0% | −0.5% | 14.0% | −16.5% | – | 0.00% | plus 13.8% |
| CHANDRIMAChandrima Mercantiles | 7.21 | plus 4.95% | 240 | – | 2.31 | – | −0.3% | 6.0% | – | – | 0.00% | minus 31.4% |
| PRIMEFRESHPrime Fresh | 156.45 | minus 2.10% | 217 | 15.1 | 2.38 | 19.6% | 16.4% | 7.5% | 40.2% | 37.7% | 0.00% | minus 44.7% |
| GUJJUBHAIGujjubhai Industries | 85.31 | plus 0.04% | 178 | 34.4 | 4.41 | 16.9% | 13.7% | 6.2% | 65.8% | 30.7% | 0.00% | minus 62.9% |
| ZAPPFRESHDSM Fresh Foods | 45.02 | minus 5.12% | 100 | 6.0 | 0.86 | 23.1% | 17.4% | 11.6% | 57.7% | 73.6% | 0.00% | minus 73.9% |
| Median of 7 peers | – | −0.92% | 437 | 29.5 | 3.92 | 16.4% | 13.3% | 6.0% | 13.6% | 30.2% | 0.00% | −20.4% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +57.7%
- Profit CAGR 3Y
- +73.6%
- ROE
- 17.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 56.3 | 90.4 | 131 | 221 | |
| – | +60.7% | +44.6% | +68.9% | |
| 52.3 | 80.4 | 114 | 190 | |
| 4 | 10 | 16.3 | 31.1 | |
| 7.0% | 11.1% | 12.5% | 14.1% | |
| 0 | −0.8 | −0.2 | 0.4 | |
| 0.3 | 0.4 | 3.2 | 5.9 | |
| 0.3 | 1 | 1.6 | 2.2 | |
| −0.5 | −0.1 | 0.3 | −0.4 | |
| 2.8 | 7.6 | 11.7 | 23.2 | |
| 2.6% | 38.8% | 22.5% | 38.1% | |
| 2.7 | 4.7 | 9 | 14.3 | |
| – | +70.4% | +93.5% | +58.8% | |
| 1.23 | 2.09 | 4.05 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.1 | 0.1 | 16.4 | 22.3 | |
| 16.5 | 37.9 | 32.6 | 93.7 | |
| 2.1 | 7.6 | 31.7 | 64.5 | |
| 3.4 | 4.3 | 3.3 | 13.9 | |
| 22 | 50 | 84 | 194 | |
| 0.7 | 4.6 | 5.9 | 10 | |
| – | – | 0.4 | 2.1 | |
| – | – | 0 | 0 | |
| 0.3 | 4.4 | 0.9 | 28.3 | |
| 21 | 41 | 76.7 | 154 | |
| 22 | 50 | 84 | 194 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −2.4 | −13 | −21.8 | −47.8 | |
| −1 | −4.9 | −3.9 | −22.4 | |
| 3.1 | 22 | 22.2 | 78.6 | |
| −0.3 | 4.1 | −3.4 | 8.3 | |
| −1 | −4.9 | −4.3 | −4.5 | |
| −3.4 | −18 | −26 | −52.3 |
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
Filings & events
News
No recent news coverage found.