---
title: "Elfin Agro India Ltd (544724) — Share Price, Financials & Analysis"
symbol: "544724"
company: "Elfin Agro India Ltd"
canonical: "https://tapetide.com/stocks/544724"
bse_code: "544724"
sector: "Fast Moving Consumer Goods"
industry: "Food Products"
generated_at: "2026-09-13T19:39:49.111Z"
---

# Elfin Agro India Ltd (544724)

Canonical page: https://tapetide.com/stocks/544724

## Company

- **BSE Code:** 544724
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Food Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** elfinagroindia.com

## About

Incorporated in 2009, Elfin agro operates in the agro-processing sector, primarily Wheat milling (atta & refined flour products), Mustard oil extraction, and Trading of agro commodities.[1]

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.0%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 15% | 47% |
| revenue growth | 21% | 20% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2026 |
| --- | --- |
| Sales | 59.83 |
| Expenses | 56.87 |
| Operating Profit | 2.96 |
| OPM % | 4.95 |
| Other Income | -0.23 |
| Interest | 0.26 |
| Depreciation | 0.13 |
| Profit before tax | 2.34 |
| Tax % | 23.08 |
| Net Profit | 1.79 |
| EPS in Rs | 0.92 |

### Profit & Loss

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 100 | 123 | 145 | 175 |
| Expenses | 97 | 118 | 137 | 166 |
| Operating Profit | 3 | 6 | 8 | 9 |
| OPM % | 3.1 | 4.7 | 5 | 5 |
| Other Income | 0 | 0 | 1 | 1 |
| Interest | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 1 |
| Profit before tax | 3 | 5 | 7 | 8 |
| Tax % | 30 | 26 | 25 | 25 |
| Net Profit | 2 | 4 | 5 | 6 |
| EPS in Rs | 12.84 | 26.1 | 3.57 | 2.97 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 1 | 1 | 7 | 10 |
| Reserves | 4 | 7 | 7 | 34 |
| Borrowings | 7 | 8 | 12 | 4 |
| Other Liabilities | 9 | 8 | 7 | 4 |
| Total Liabilities | 21 | 25 | 33 | 52 |
| Fixed Assets | 8 | 10 | 10 | 11 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 13 | 14 | 23 | 42 |
| Total Assets | 21 | 25 | 33 | 52 |

### Cash Flow

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 3 | -3 | 15 |
| Cash from Investing Activity | -3 | -2 | 0 | -1 |
| Cash from Financing Activity | 3 | 0 | 4 | -7 |
| Net Cash Flow | 0 | 0 | 0 | 7 |
| Free Cash Flow | -3 | 0 | -4 | 14 |
| CFO/OP | 19 | 62 | -24 | 178 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 19 | 18 | 23 | 22 |
| Inventory Days | 24 | 22 | 31 | 49 |
| Days Payable | 30 | 21 | 14 | 4 |
| Cash Conversion Cycle | 13 | 19 | 40 | 67 |
| Working Capital Days | 3 | 0 | 12 | 55 |
| ROCE % | — | 40 | 36 | 25 |

## Shareholding Pattern

### annual

| Category | Mar 2026 |
| --- | --- |
| Promoters | 72.59% |
| Public | 27.42% |
| No. of Shareholders | 246 |

### Quarterly

| Category | Mar 2026 |
| --- | --- |
| Promoters | 72.59% |
| Public | 27.42% |
| No. of Shareholders | 246 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 7 / 5

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 99.24 | Sell |
| EMA (10) | 96.69 | Sell |
| SMA (20) | 93.68 | Buy |
| EMA (20) | 94.06 | Sell |
| SMA (50) | 84.58 | Buy |
| EMA (50) | 86.14 | Buy |
| SMA (100) | 75.37 | Buy |
| EMA (100) | 75.63 | Buy |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 53.88 | Neutral |
| MACD (12,26,9) | 4.01 | Sell |
| Stochastic (14,3,3) | 43.05 | Neutral |
| ADX (14) | 33.92 | Buy |
| Williams %R (14) | -75.62 | Neutral |
| ATR (14) | 2.56 | Neutral |
| ROC (12) | -1.39 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 41.4 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Board approved shifting Rs.115 lakh from issue expenses to working capital; postal ballot to seek approval. | [Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 9 Sep - Board approved shifting Rs.115 lakh from issue expenses to working capital; postal ballot to seek approval.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=094b2944-4a1b-4413-a26d-5e5d89128569.pdf) |
| 6 Aug - Newspaper ads published for 17th AGM on 01 Sep 2026, with remote e-voting details. | [Copy Of Newspaper Advertisement - 2Nd Public Notice (Post-Dispatch) For The 17Th Annual General Meeting. 6 Aug - Newspaper ads published for 17th AGM on 01 Sep 2026, with remote e-voting details.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e348cd5-019e-4005-9a6b-a369a20d3211.pdf) |
| 3 Sep - Board meeting on 9 September 2026 to approve postal ballot items and e-voting arrangements. | [Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1) And Regulation 30 Of SEBI (LODR) Regulations, 2015 3 Sep - Board meeting on 9 September 2026 to approve postal ballot items and e-voting arrangements.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4f4d80b-7c58-456d-973b-10659f5d24e4.pdf) |
| 3 Aug - Published newspaper advertisement for 17th AGM on 1 September 2026 via VC/OAVM, with remote e-voting details. | [Copy Of Newspaper Advertisement - Public Notice For The 17Th Annual General Meeting To Be Held On 01St September, 2026 At 01:00 P.M. (IST) Through Video Conferencing (VC)/Other Audio Visual Means (OAVM). 3 Aug - Published newspaper advertisement for 17th AGM on 1 September 2026 via VC/OAVM, with remote e-voting details.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b4fed1ea-ecf9-4d94-8efb-509cfe20917e.pdf) |
| 3 Aug - 17th AGM on 1 Sep 2026; annual report issued; seeks approval for 50 crore Daga Brothers transaction. | [Reg. 34 (1) Annual Report. 3 Aug - 17th AGM on 1 Sep 2026; annual report issued; seeks approval for 50 crore Daga Brothers transaction.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63835f40-1608-423a-b96c-0078b8db4164.pdf) |
| 10 Sep - Pursuant to regulation 30 of SEBI (LODR), 2015, newspaper publication with respect to PAS-1, Notice of Postal ballot and remote E-voting Information. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Sep - Pursuant to regulation 30 of SEBI (LODR), 2015, newspaper publication with respect to PAS-1, Notice of Postal ballot and remote E-voting Information.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99aac4d4-4994-4a42-9eab-1a01fba4d348.pdf) |
| 1 Sep - 17th AGM held on 1 Sep 2026; all 3 resolutions passed, including related-party transaction approval. | [Shareholder Meeting / Postal Ballot-Outcome of AGM 1 Sep - 17th AGM held on 1 Sep 2026; all 3 resolutions passed, including related-party transaction approval.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a7e33e5-f0fd-4b96-9603-da7eac62035d.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 9 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=38dcad60-b901-4116-b352-f7b1c9f1ce39.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef9a5ac1-967e-474e-8a3a-43d2b83b4e35.pdf) |
| — | [Intimation Under Regulation 30 And 36(1)(B) Of The SEBI (LODR) Regulations, 2015. 5 Aug](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4402001-e8c1-4000-bfdd-03072c5c664e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63835f40-1608-423a-b96c-0078b8db4164.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 2026-09-13T19:39:49.111Z.