---
title: "DSM Fresh Foods Ltd (544568) — Share Price, Financials & Analysis"
symbol: "544568"
company: "DSM Fresh Foods Ltd"
canonical: "https://tapetide.com/stocks/544568"
isin: "INE0SUM01015"
nse_symbol: "DSMFRESHFOODSLTD"
bse_code: "544568"
sector: "Food Products"
industry: "Meat Products"
market_cap_cr: 134.46
generated_at: "2026-09-13T18:58:41.067Z"
---

# DSM Fresh Foods Ltd (544568)

Canonical page: https://tapetide.com/stocks/544568

## Company

- **NSE Symbol:** DSMFRESHFOODSLTD
- **BSE Code:** 544568
- **ISIN:** INE0SUM01015
- **Sector:** Food Products
- **Industry:** Meat Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2025-10-09
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** zappfresh.com

## About

Incorporated in May 2015, DSM Fresh Foods Limited is engaged in the business of fresh meat and ready-to-cook/eat non-veg products retailer[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:47:08.930431Z.

- **Market Cap:** ₹134.46 Cr
- **Classification:** SME
- **P/E (reported):** 9.9
- **Book Value:** ₹52.05
- **Price to Book:** 1.22
- **Dividend Yield:** 0%
- **ROE:** 18.44%
- **ROCE:** 25.84%
- **Debt to Equity:** 0.55
- **Revenue (yearly):** ₹220.82 Cr
- **Net Income:** ₹18.41 Cr
- **EBITDA:** ₹30.79 Cr
- **52-Week High:** ₹208
- **52-Week Low:** ₹61
- **RSI (14):** 37.33

## Tapetide Score

- **Score:** 41 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 17.1 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 56.47 | 9% |
| growth | 97.26 | 9% |
| momentum | 7.23 | 12% |
| ownership | 30 | 24% |
| quality | 37.99 | 22% |
| valuation | 46.96 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 1.16 times its book value
- Company has delivered good profit growth of 25.6% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 28.2%
- Debtor days have increased from 53.3 to 92.0 days.
- Working capital days have increased from 74.0 days to 118 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -27.91% | -589.26% | -144.22% |
| ebitda margin growth | 6.78% | 31.16% | -380.36% |
| net income growth | 102.31% | 64% | 26% |
| revenue growth | 67.92% | 58% | 35% |
| roce | 21.54% | 40.82% | -89.07% |
| roe | 50.29% | 15.75% | -103.48% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 67 | 64 | 96 | 125 |
| Expenses | 62 | 53 | 81 | 109 |
| Operating Profit | 5 | 11 | 15 | 16 |
| OPM % | 8 | 17 | 16 | 13 |
| Other Income | 0 | 1 | 0 | 1 |
| Interest | 1 | 3 | 3 | 4 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 8 | 12 | 12 |
| Tax % | 32 | 18 | 40 | 36 |
| Net Profit | 2 | 7 | 7 | 7 |
| EPS in Rs | 1.49 | 4.02 | 4.29 | 3.29 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 50 | 56 | 56 | 90 | 131 | 221 |
| Expenses | 62 | 58 | 53 | 81 | 114 | 190 |
| Operating Profit | -12 | -2 | 4 | 9 | 16 | 31 |
| OPM % | -25 | -3.5 | 7 | 10 | 12 | 14 |
| Other Income | 0 | -1 | 0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 1 | 4 | 7 |
| Depreciation | 1 | 0 | 0 | 1 | 2 | 2 |
| Profit before tax | -13 | -3 | 3 | 8 | 12 | 23 |
| Tax % | 0 | -20 | 2 | 39 | 22 | 38 |
| Net Profit | -13 | -2 | 3 | 5 | 9 | 14 |
| EPS in Rs | -9278.57 | -1778.57 | 1957.14 | 3134.23 | 5.52 | 6.45 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 16 | 22 |
| Reserves | 2 | 12 | 16 | 38 | 33 | 94 |
| Borrowings | 0 | 1 | 2 | 8 | 32 | 64 |
| Other Liabilities | 7 | 9 | 3 | 4 | 3 | 14 |
| Total Liabilities | 9 | 21 | 22 | 50 | 84 | 195 |
| Fixed Assets | 2 | 1 | 1 | 5 | 7 | 9 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 19 |
| Other Assets | 8 | 20 | 21 | 45 | 77 | 166 |
| Total Assets | 9 | 21 | 22 | 50 | 84 | 195 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -7 | -2 | -2 | -13 | -17 | -48 |
| Cash from Investing Activity | 3 | 0 | -1 | -5 | -10 | -23 |
| Cash from Financing Activity | 0 | 2 | 3 | 22 | 23 | 79 |
| Net Cash Flow | -4 | 0 | 0 | 4 | -3 | 8 |
| Free Cash Flow | -7 | -2 | -3 | -18 | -21 | -52 |
| CFO/OP | 55 | 116 | -66 | -139 | -104 | -138 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 42 | 53 | 29 | 21 | 47 | 92 |
| Inventory Days | 0 | 0 | 0 | 23 | — | 20 |
| Days Payable | 59 | 65 | 24 | 18 | — | 17 |
| Cash Conversion Cycle | -17 | -12 | 5 | 25 | 47 | 95 |
| Working Capital Days | 1 | 1 | 35 | 50 | 54 | 118 |
| ROCE % | — | -28 | 24 | 27 | 25 | 23 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2025 | Mar 2026 |
| --- | --- | --- |
| Promoters | 28.11% | 28.16% |
| FIIs | 6.45% | 1.25% |
| DIIs | 13.81% | 9.5% |
| Government | 0% | 0% |
| Public | 35.13% | 44.19% |
| Others | 16.5% | 16.9% |
| No. of Shareholders | 198 | 1142 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 65.24 | Sell |
| EMA (10) | 64.8 | Sell |
| SMA (20) | 68.45 | Sell |
| EMA (20) | 67.5 | Sell |
| SMA (50) | 73.84 | Sell |
| EMA (50) | 73.63 | Sell |
| SMA (100) | 84 | Sell |
| EMA (100) | 84.17 | Sell |
| SMA (200) | 104.99 | Sell |
| EMA (200) | 107.03 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.92 | Neutral |
| MACD (12,26,9) | -3.41 | Sell |
| Stochastic (14,3,3) | 16.1 | Buy |
| ADX (14) | 19.27 | Neutral |
| Williams %R (14) | -91.58 | Buy |
| ATR (14) | 4.05 | High Volatility |
| ROC (12) | -14.73 | Sell |
| Stoch RSI (14) | 0.31 | Buy |
| UO (7,14,28) | 35.63 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Promoter Deepanshu Manchanda disclosed no share encumbrances for FY2025-26 under Regulation 31(4). | [Disclosure Under Regulation 31(4) Of The SEBI (Substantial Acquisition Of Shares And Takeover) Regulations, 2011 Received From The Promotor Of The Company. 9h - Promoter Deepanshu Manchanda disclosed no share encumbrances for FY2025-26 under Regulation 31(4).](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cb90be52-da48-427f-9573-dff2455064bd.pdf) |
| 9h - DSM Fresh Foods says Annual Secretarial Compliance Report not applicable for FY2026 under Regulation 24A. | [Non-Applicability Of Annual Secretarial Compliance Report Under Regulation 24A Of The Securities Exchange Board Of India (LODR) Regulations 2015. 9h - DSM Fresh Foods says Annual Secretarial Compliance Report not applicable for FY2026 under Regulation 24A.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7c4ae310-6548-49bf-9788-ecd827633857.pdf) |
| 8h - DSM Fresh Foods schedules management meet with Counter Cyclical Investments on April 23, 2026. | [Intimation Pursuant To Regulation 30 Of SEBI (LODR) Regulations 2015 Regarding Management Meeting 8h - DSM Fresh Foods schedules management meet with Counter Cyclical Investments on April 23, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cb0d1f09-3751-422c-91f0-bbad816a99f2.pdf) |
| 6 Apr - DSM Fresh Foods schedules investor/analyst meet on April 9, 2026 in Mumbai. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 6 Apr - DSM Fresh Foods schedules investor/analyst meet on April 9, 2026 in Mumbai.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bce958d2-05ab-4bb9-acbb-004afaff9302.pdf) |
| 4 Jun 2018 - Shamken Multifab Ltd has informed BSE regarding "Initiation of Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor". | [Initiation of Corporate Insolvency Resolution Process (CIRP) 4 Jun 2018 - Shamken Multifab Ltd has informed BSE regarding "Initiation of Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor".](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/6/616C0E60_A939_4C9A_A1EC_9C5A1CCD5DB9_164418.pdf) |
| 4 Apr - Board approved Rs. 20 crore loan from Standard Chartered and Rs. 5 crore corporate guarantee, subject to shareholders. | [Board Meeting Outcome for Outcome Of The Board Meeting Of The Board Of DSM Fresh Foods Limited Held On 3Rd April, 2026 For The Financial Year 2026-27 4 Apr - Board approved Rs. 20 crore loan from Standard Chartered and Rs. 5 crore corporate guarantee, subject to shareholders.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f7ccf5d1-30c9-40a3-aebc-9e58f388571b.pdf) |
| 30 Apr - DSM Fresh Foods recognized as CII Unicorn Summit 2026 IPO Trailblazer 2025 on April 28, 2026. | [Intimation Pursuant To Regulation 30 Of The Securities Exchange Board Of India (LODR) Regulations, 2015 About Recognition Of DSM Fresh Foods Limited By CII 30 Apr - DSM Fresh Foods recognized as CII Unicorn Summit 2026 IPO Trailblazer 2025 on April 28, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/05af4b17-ebcd-4201-8bd3-e5e9ec4943e4.pdf) |
| 30 Apr - DSM Fresh Foods recognized as CII Unicorn Summit 2026 IPO Trailblazer 2025 on April 28, 2026. | [Intimation Pursuant To Regulation 30 Of The Securities Exchange Board Of India (LODR) Regulations, 2015 About Recognition Of DSM Fresh Foods Limited By CII 30 Apr - DSM Fresh Foods recognized as CII Unicorn Summit 2026 IPO Trailblazer 2025 on April 28, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/05af4b17-ebcd-4201-8bd3-e5e9ec4943e4.pdf) |
| 3 Mar - Secretarial auditor Surbhi Bansal resigned March 03, 2026 due to pre-occupation. | [Intimation About Resignation Of Secretarial Auditor Of The Company Pursuant To Regulation 30 Of The Securities Exchange Board Of India (LODR) Regulations, 2015 ('Listing Regulations') 3 Mar - Secretarial auditor Surbhi Bansal resigned March 03, 2026 due to pre-occupation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5182530a-a76d-48c6-852c-80f84226c44a.pdf) |
| 28 Apr - Meevaa Foods appointed Rajneesh Bhasin as Independent Director on 27 April 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 28 Apr - Meevaa Foods appointed Rajneesh Bhasin as Independent Director on 27 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a14f7b51-2250-46cc-a5df-0a996be62760.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2f1626e-1240-436d-b563-2345b10efd42.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60f2566d-a8e9-4a5c-9726-027518f3cf17.pdf) |
| 2026-09-04 | [Intimation Of 11Th Annual General Meeting Book Closure And Cut-Off Date For E-Voting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76e9973d-cefb-4d22-a6a2-b6ffbb17f569.pdf) |
| 2026-09-04 | [Register Of Members And Share Transfer Books Of The Company Wednesday September 23 2026 To Tuesday September 29 2026 (Both Days Inclusive).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=150476ad-bbdd-42a1-829e-f84ffccadff3.pdf) |
| 2026-09-04 | [Notice Of 11Th Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f2f595f-91f1-49e0-9406-4b2b1713a65f.pdf) |
| 2026-09-04 | [Intimation Regarding Letters To Shareholders Whose Email Id Are Not Registered](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee9d43ff-1df1-4084-abb1-8f8b4ce3d65d.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a093e322-477d-4fd8-9bd0-d7563ff442a4.pdf) |
| 2026-09-03 | [Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held Today I.E. Thursday September 03 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6dd9d61-a2f8-417b-a775-e971fa31d887.pdf) |
| 2026-09-03 | [Announcement Under Regulations 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6624005a-eff3-4962-b4ff-08ca4cbe751b.pdf) |
| 2026-09-02 | [Board Meeting Intimation for Revised Board Meeting Intimation Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=48ed13a5-7f01-4a1b-a967-f3a4df272ce0.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-06-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fda9e876-f64a-480a-a3a4-a102cc22f8fd.pdf) |
| 2025-11-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1493e1a5-b2b2-4caf-8fc2-9b701373cb24.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1493e1a5-b2b2-4caf-8fc2-9b701373cb24.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72492cc3-2cf5-4cec-bf68-586344656b0d.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/72492cc3-2cf5-4cec-bf68-586344656b0d.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fda9e876-f64a-480a-a3a4-a102cc22f8fd.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e3c26e1-6c71-4a88-bdc1-0fc2064c5839.pdf) |
| 2025-11-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=660ded62-5e57-49c4-8323-c6ccef949acc.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-05-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72492cc3-2cf5-4cec-bf68-586344656b0d.pdf) |
| 2025-11-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1bb40a3-7cca-41bb-86cb-9ad22f11c24b.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-11-13 | [Board Meeting Outcome - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e3ba977-0eec-4d27-ac27-b3608a69459d.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 2026-09-13T18:58:41.067Z.