---
title: "NHC Foods Ltd (517554) — Share Price, Financials & Analysis"
symbol: "517554"
company: "NHC Foods Ltd"
canonical: "https://tapetide.com/stocks/517554"
isin: "INE141C01036"
nse_symbol: "NHCFOODSLTD"
bse_code: "517554"
sector: "Food Products"
industry: "Food Products"
market_cap_cr: 190.66
generated_at: "2026-09-13T19:21:57.726Z"
---

# NHC Foods Ltd (517554)

Canonical page: https://tapetide.com/stocks/517554

## Company

- **NSE Symbol:** NHCFOODSLTD
- **BSE Code:** 517554
- **ISIN:** INE141C01036
- **Sector:** Food Products
- **Industry:** Food Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** nhcgroup.com

## About

Incorporated in 1960, NHC Foods Ltd is a manufacturer and seller of whole and blended 
spices.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:37:39.883569Z.

- **Market Cap:** ₹190.66 Cr
- **Classification:** Microcap
- **P/E (reported):** 7.3
- **EPS (TTM):** ₹0.38
- **EPS (reported):** ₹0.2
- **Book Value:** ₹2.2
- **Price to Book:** 0.96
- **Dividend Yield:** 0%
- **ROE:** 6.76%
- **ROCE:** 10.64%
- **Debt to Equity:** 0.29
- **Revenue (yearly):** ₹603 Cr
- **Net Income:** ₹12.3 Cr
- **EBITDA:** ₹22 Cr
- **52-Week High:** ₹2.84
- **52-Week Low:** ₹0.59
- **RSI (14):** 56.94

## Tapetide Score

- **Score:** 70 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Rising
- **Percentile:** 99.6 (of 4473 scored stocks)
- **Confidence:** 95%
- **Data coverage:** 90%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 65.16 | 9% |
| growth | 98.9 | 9% |
| momentum | 98.9 | 12% |
| ownership | 66.3 | 24% |
| quality | 51.07 | 22% |
| valuation | 64.32 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.74 times its book value
- Company is expected to give good quarter

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 153 days.

## Growth Rates

| Metric | QoQ | 1Y |
| --- | --- | --- |
| cash flow growth | — | 105.28% |
| ebitda margin growth | 124.21% | -22.55% |
| net income growth | 153.73% | 73.24% |
| revenue growth | 43.28% | 72.68% |
| roce | 129.32% | -36.44% |
| roe | 155.26% | -21.03% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 42 | 80 | 74 | 66 | 73 | 135 | 111 | 103 | 129 | 258 | 370 |
| Expenses | 41 | 78 | 71 | 63 | 70 | 129 | 107 | 100 | 125 | 249 | 349 |
| Operating Profit | 1 | 2 | 3 | 3 | 3 | 6 | 3 | 3 | 4 | 10 | 21 |
| OPM % | 2.5 | 2.2 | 3.7 | 4.9 | 4.7 | 4.2 | 3.1 | 2.8 | 3.5 | 3.7 | 6 |
| Other Income | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 2 | 3 |
| Depreciation | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 7 | 18 |
| Tax % | 29 | 32 | 8 | 2 | 13 | 61 | 27 | 39 | 19 | 9 | 4 |
| Net Profit | 0 | 1 | 2 | 2 | 2 | 1 | 2 | 1 | 3 | 7 | 17 |
| EPS in Rs | 0.01 | 0.02 | 0.03 | 0.03 | 0.03 | 0.01 | 0.03 | 0.02 | 0.04 | 0.1 | 0.22 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- |
| Sales | 209 | 348 | 601 | 860 |
| Expenses | 203 | 332 | 581 | 823 |
| Operating Profit | 6 | 16 | 20 | 38 |
| OPM % | 2.8 | 4.5 | 3.4 | 4.4 |
| Other Income | 2 | 1 | 2 | 2 |
| Interest | 3 | 6 | 5 | 7 |
| Depreciation | 1 | 2 | 2 | 3 |
| Profit before tax | 3 | 9 | 15 | 30 |
| Tax % | 25 | 21 | 18 | — |
| Net Profit | 2 | 7 | 12 | 28 |
| EPS in Rs | 0.04 | 0.12 | 0.19 | 0.38 |
| Dividend Payout % | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | — | 59 | 66 |
| Reserves | — | 23 | 113 |
| Borrowings | — | 33 | 52 |
| Other Liabilities | — | 94 | 80 |
| Total Liabilities | — | 209 | 311 |
| Fixed Assets | — | 10 | 24 |
| CWIP | — | 0 | 0 |
| Investments | — | 0 | 0 |
| Other Assets | — | 199 | 287 |
| Total Assets | — | 209 | 311 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | — | -38 | 2 |
| Cash from Investing Activity | — | 0 | -17 |
| Cash from Financing Activity | — | 40 | 23 |
| Net Cash Flow | — | 2 | 8 |
| Free Cash Flow | — | -37 | -14 |
| CFO/OP | — | -233 | 23 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | — | 171 | 153 |
| Inventory Days | — | 26 | 12 |
| Days Payable | — | 33 | 46 |
| Cash Conversion Cycle | — | 164 | 119 |
| Working Capital Days | — | 79 | 92 |
| ROCE % | — | — | 12 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 40.82% | 40.82% | 40.82% | 40.82% | 40.82% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 13.67% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 51.42% | 53.19% | 52.68% | 52.05% | 51.72% | 83.87% | 81.54% | 81.16% | 69.35% | 69.35% | 69.76% | 63.03% |
| Others | 7.76% | 6% | 6.51% | 7.14% | 7.46% | 16.13% | 18.45% | 18.84% | 30.65% | 30.65% | 30.24% | 23.3% |
| No. of Shareholders | 9893 | 10031 | 10627 | 11257 | 21776 | 36642 | 47436 | 51426 | 56560 | 56560 | 57116 | 57537 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 4 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.39 | Sell |
| EMA (10) | 2.24 | Sell |
| SMA (20) | 2.12 | Sell |
| EMA (20) | 2.08 | Sell |
| SMA (50) | 1.5 | Buy |
| EMA (50) | 1.7 | Buy |
| SMA (100) | 1.31 | Buy |
| EMA (100) | 1.42 | Buy |
| SMA (200) | 1.07 | Buy |
| EMA (200) | 1.22 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 52.36 | Neutral |
| MACD (12,26,9) | 0.23 | Sell |
| Stochastic (14,3,3) | 26.38 | Neutral |
| ADX (14) | 57.82 | Buy |
| Williams %R (14) | -91.11 | Buy |
| ATR (14) | 0.1 | High Volatility |
| ROC (12) | -1.46 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 31.29 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25d1aa88-4f06-44ae-9224-eb9533320ec5.pdf) |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc9a35f9-ef85-407b-aaa8-a496ce649da4.pdf) |
| 2026-09-09 | [Board Meeting Outcome for Outcome Of Board Meeting Dated September 09 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7dd6bb40-a7b0-4e7e-8efe-a28e90ef71b2.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=991b503a-0a9c-4a73-b1af-79d27964af5c.pdf) |
| 2026-09-04 | [Board Meeting Intimation for Fund Raising And Other Related Matters](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=95e8b57a-03e1-4d6e-a2ef-01ae30876eb5.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bcbb91ed-5d53-41b9-ba73-3bed04fc2296.pdf) |
| 2026-09-03 | [34Th AGM On September 25 2026 At 12:30 Pm Through Video Conferencing (VC) / Other Audio Visual Means (OAVM)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e7b2f23-4983-445b-b7a0-1b04dc371391.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b45eed4-efff-415b-8b0c-ac81a7d622ab.pdf) |
| 2026-09-03 | [Dispatch Of Letter With Web-Link To Annual Report For Financial Year 2025-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20f0d891-6cff-4c72-bcb0-d98179bd2448.pdf) |
| 2026-09-03 | [Fixes Book Closure For The AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a332c446-af8a-4743-a2bd-d194a5a2707e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Results-Unaudited Financial Results For June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c298825e-073b-41a8-b56d-bc1564168f9b.pdf) |
| 2026-05-21 | [Results-Audited Financial Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e5d97c4-d915-4c13-bb73-16d8997df9a0.pdf) |
| 2026-02-09 | [Results- Financial Results December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=023f6c0d-037b-4200-8b71-1a007d393130.pdf) |
| 2025-11-14 | [Results- Financial Results Quarter Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=518239a1-5c43-4ae1-b0af-b3951edcff1b.pdf) |
| 2025-08-18 | [Revised Results- Financial Results For June 30 2025 (Correction In EPS)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a839cbb1-21ff-4f19-93e9-495ee8090c7f.pdf) |
| 2025-08-14 | [Results- Financial Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5b614b05-e453-4dff-bdb6-96c3884eaf01.pdf) |
| 2025-05-30 | [Revised Financial Results For Q4- March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6fcbd456-8f76-440d-8520-99228f0a9a29.pdf) |
| 2025-05-29 | [Audited Financial Results For Q4- March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e30a7caf-d4b2-4675-bb1c-bea55ac867bd.pdf) |
| 2025-01-18 | [Financial Results For Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72927674-041a-4903-b63c-48c2f8dfb98e.pdf) |
| 2024-11-14 | [Quarterly Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a5959ca-9024-48fc-9c01-a1bdf763f1cd.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - No deviation: Rs.8,12,50,000 raised via preferential warrants fully utilised for capex, working capital and corporate expenses. | [Compliance- Statement Of Deviation Or Variation For Proceeds Of Warrant Allotment & Conversion 9 Feb - No deviation: Rs.8,12,50,000 raised via preferential warrants fully utilised for capex, working capital and corporate expenses.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56723a09-9ace-45db-96ef-6b823829f915.pdf) |
| 9 Feb - No deviation in use of Rs.47.42 crore rights issue proceeds (Allotment Dec 23, 2024) for quarter ended Dec 31, 2025. | [Compliance- Statement Of Deviation Or Variation For Proceeds Of Rights Issue 9 Feb - No deviation in use of Rs.47.42 crore rights issue proceeds (Allotment Dec 23, 2024) for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/589c5093-76fa-45ca-8dec-0bd090babe49.pdf) |
| 9 Feb - New Bhiwandi plant for packaged water and soft drinks; 200 BPM each, Rs.12 crore. | [Announcement Under Reg. 30 (LODR)- Establishment Of A New Manufacturing Plant For 'Packaged Drinking Water And Carbonated Soft Drinks' 9 Feb - New Bhiwandi plant for packaged water and soft drinks; 200 BPM each, Rs.12 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9309ec1-a54d-434b-bb53-5f0f8ec5cad6.pdf) |
| 6h - NHC Foods incorporated NHC International UK Limited on April 20, 2026 for Europe and global expansion. | [Announcement under Regulation 30 (LODR)-Acquisition 6h - NHC Foods incorporated NHC International UK Limited on April 20, 2026 for Europe and global expansion.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e07b171c-be2c-4f17-98dd-594b35de840e.pdf) |
| 6h - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is enclosed | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6h - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is enclosed](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a44b018d-efee-4d76-95d4-b8fe6aa9012e.pdf) |
| 6 Feb - Board meeting 14 Feb 2025 to approve Q3/9M results ended 31 Dec 2025; trading window closed from 1 Jan 2026. Checklist: - Identify key announcement … | [Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(A) Of SEBI (LODR) Regulations, 2015. 6 Feb - Board meeting 14 Feb 2025 to approve Q3/9M results ended 31 Dec 2025; trading window closed from 1 Jan 2026. Checklist: - Identify key announcement …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e07f50fa-19a4-489f-bcf8-c377c36d22a9.pdf) |
| 30 Apr - NHC Foods confirms SEBI Large Corporate disclosure not applicable for FY 2026-27. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - NHC Foods confirms SEBI Large Corporate disclosure not applicable for FY 2026-27.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7221de0e-03af-4f8f-9228-c3bbb16d7b49.pdf) |
| 30 Apr - NHC Foods confirms SEBI Large Corporate disclosure not applicable for FY 2026-27. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - NHC Foods confirms SEBI Large Corporate disclosure not applicable for FY 2026-27.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7221de0e-03af-4f8f-9228-c3bbb16d7b49.pdf) |
| 24 Feb - Last date for off-market transfer of rights entitlements moved from 19 March 2026 to 18 March 2026 due to festival. | [Revision Of Date Fixed For 'Off Market Transfer Of Rights Entitlements' To 18Th March 2026 24 Feb - Last date for off-market transfer of rights entitlements moved from 19 March 2026 to 18 March 2026 due to festival.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a57162d8-66f2-447e-9e38-51e79191281a.pdf) |
| 22 Apr - NHC Foods incorporated NHC International UK Limited on April 20, 2026 for Europe and global expansion. | [Announcement under Regulation 30 (LODR)-Acquisition 22 Apr - NHC Foods incorporated NHC International UK Limited on April 20, 2026 for Europe and global expansion.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e07b171c-be2c-4f17-98dd-594b35de840e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/572ca5ef-7b22-463a-9bb7-6ec95686a63b.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7fecdece-86f4-4b96-b541-6e3a2b0bec1c.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e23b1a8-21e1-4236-80d9-d30812bea8e9.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/527cd4e7-46f7-4343-97b9-9c4b44023b74.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89a1807a-dbf5-497f-a7cc-03408e7fd989.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/868eb16d-55b1-4093-a479-b1a42d651f1d.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/512608/75797512608.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/517554/75197517554.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/512608/70753512608.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/517554/70608517554.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:21:57.726Z.