---
title: "Nijjer Agro Foods Ltd (519168) — Share Price, Financials & Analysis"
symbol: "519168"
company: "Nijjer Agro Foods Ltd"
canonical: "https://tapetide.com/stocks/519168"
isin: "INE847B01014"
bse_code: "519168"
sector: "Fast Moving Consumer Goods"
industry: "Food Products"
generated_at: "2026-09-13T19:16:32.635Z"
---

# Nijjer Agro Foods Ltd (519168)

Canonical page: https://tapetide.com/stocks/519168

## Company

- **BSE Code:** 519168
- **ISIN:** INE847B01014
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Food Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** nijjerchillies.com

## Latest Price

## Key Insights

### Strengths

- Debtor days have improved from 85.8 to 62.1 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.91% over past five years.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -47% | — | — |
| revenue growth | -10% | 4% | -7% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 22.33 | 19.41 | 8.73 | 12.14 | 8.22 | 15.14 | 13.57 |
| Expenses | 20.75 | 16.21 | 11.12 | 10.02 | 9.76 | 12.42 | 11.64 |
| Operating Profit | 1.58 | 3.2 | -2.39 | 2.12 | -1.54 | 2.72 | 1.93 |
| OPM % | 7.08 | 16.49 | -27.38 | 17.46 | -18.73 | 17.97 | 14.22 |
| Other Income | -0.35 | -0.82 | 6.32 | 0 | 0.8 | 0.25 | 0.09 |
| Interest | 1.39 | 2.15 | 2.51 | 1.83 | 3.26 | 3.3 | 3.18 |
| Depreciation | 1.19 | 1.21 | 0.95 | 0.95 | 1.11 | 1.29 | 1.22 |
| Profit before tax | -1.35 | -0.98 | 0.47 | -0.66 | -5.11 | -1.62 | -2.38 |
| Tax % | -20.74 | -12.24 | 100 | 10.61 | 0 | 0 | 0 |
| Net Profit | -1.07 | -0.86 | 0 | -0.73 | -5.11 | -1.62 | -2.38 |
| Dividend Payout % | 0 | 0 | — | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 |
| Reserves | -8.24 | -9.1 | -9.1 | -9.83 | -14.94 | -16.56 | -18.95 |
| Borrowings | 13.41 | 18.02 | 17.35 | 17.44 | 26.67 | 4.49 | 4.49 |
| Other Liabilities | 4.45 | 1.2 | 1.49 | 1.68 | 1.03 | 21.96 | 22.97 |
| Total Liabilities | 19.82 | 20.32 | 19.94 | 19.49 | 22.96 | 20.09 | 18.71 |
| Fixed Assets | 10.79 | 10.27 | 12.33 | 12.05 | 11.11 | 10.18 | 9.39 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 9.03 | 10.05 | 7.61 | 7.44 | 11.85 | 9.91 | 9.32 |
| Total Assets | 19.82 | 20.32 | 19.94 | 19.49 | 22.96 | 20.09 | 18.71 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.54 | -1.77 | — | — | — | — | — |
| Cash from Investing Activity | 0.27 | -0.73 | — | — | — | — | — |
| Cash from Financing Activity | -0.75 | 2.47 | — | — | — | — | — |
| Net Cash Flow | 0.06 | -0.03 | — | — | — | — | — |
| Free Cash Flow | 0.81 | -2.5 | — | — | — | — | — |
| CFO/OP | 34 | -55 | — | — | — | — | — |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 13.57 | 37.61 | 58.12 | 44.8 | 124.77 | 70.4 | 62.13 |
| Inventory Days | 127.84 | 187.34 | 562.3 | 346.35 | 90.49 | 187.19 | 208.22 |
| Days Payable | 113.44 | 42.46 | 202.93 | 143.87 | 62.97 | 73.35 | 40.9 |
| Cash Conversion Cycle | 27.97 | 182.49 | 417.48 | 247.28 | 152.29 | 184.24 | 229.45 |
| Working Capital Days | 65.55 | 153.82 | 253.37 | 173.18 | 190.05 | 186.12 | 197.43 |
| ROCE % | — | 11.54 | -0.11 | 6.45 | -9.31 | 16.75 | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Sep 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 16.61% | 16.61% | 16.61% | 16.61% |
| DIIs | 2.79% | 2.79% | 2.79% | 2.79% |
| Public | 80.6% | 80.6% | 80.6% | 80.6% |
| No. of Shareholders | 7925 | 7862 | 7840 | 7874 |

### Quarterly

| Category | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% | 16.61% |
| DIIs | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 3.74% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% |
| Public | 80.6% | 80.6% | 80.6% | 80.6% | 80.6% | 80.6% | 79.65% | 80.6% | 80.6% | 80.6% | 80.6% | 80.6% |
| No. of Shareholders | 7948 | 7925 | 7876 | 7860 | 7790 | 7862 | 7886 | 7860 | 7844 | 7840 | 7833 | 7874 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 5 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 7.39 | Buy |
| EMA (10) | 7.68 | Buy |
| SMA (20) | 7.17 | Buy |
| EMA (20) | 7.41 | Buy |
| SMA (50) | 7.36 | Buy |
| EMA (50) | 7.42 | Buy |
| SMA (100) | 7.61 | Buy |
| EMA (100) | 7.72 | Buy |
| SMA (200) | 8.53 | Buy |
| EMA (200) | 8.35 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 75.22 | Sell |
| MACD (12,26,9) | 0.21 | Buy |
| Stochastic (14,3,3) | 76.09 | Neutral |
| ADX (14) | 22.85 | Neutral |
| Williams %R (14) | -32.4 | Neutral |
| ATR (14) | 0.75 | High Volatility |
| ROC (12) | 31.98 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 51 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 27 Nov 2019 - Resignation of Mr. Sureshkumar Anandilal Choudhary(DIN: 00494510), Whole- Time Director of the Company with effect from 20th November, 2019 due to his preoccupation elsewhere. The … | [Announcement under Regulation 30 (LODR)-Resignation of Director 27 Nov 2019 - Resignation of Mr. Sureshkumar Anandilal Choudhary(DIN: 00494510), Whole- Time Director of the Company with effect from 20th November, 2019 due to his preoccupation elsewhere. The …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45f50240-6ea7-4d9a-9816-38f6521e3ac9.pdf) |
| 27 Nov 2019 - Resignation of Mr. Sureshkumar Anandilal Choudhary(DIN: 00494510), Whole- Time Director of the Company with effect from 20th November, 2019 due to his preoccupation elsewhere. The … | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 27 Nov 2019 - Resignation of Mr. Sureshkumar Anandilal Choudhary(DIN: 00494510), Whole- Time Director of the Company with effect from 20th November, 2019 due to his preoccupation elsewhere. The …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c7a4f9c-26a3-4cb9-b711-35eeb9bb73d2.pdf) |
| — | [Closure of Trading Window 31 Dec 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06205e48-9dfd-4eea-b9cb-509fdeba9f94.pdf) |
| — | [Compliance And Disclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirement) Regulation, 2015. 27 Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e20aeb4-3097-4ac5-a5a0-8ed2aaf6e09c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_2877_BILPOWER_2012_2013_20112013084730.zip) |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_BILPOWER_2011_2012_17092012110733.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_BILPOWER_2010_2011_11102011072522.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_BILPOWER_2009_2010_06042011100606.zip) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900316.pdf) |
| from bse | [Financial Year 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900315.pdf) |
| from bse | [Financial Year 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/531590/5315900314.pdf) |

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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 2026-09-13T19:16:32.635Z.
