---
title: "ADF Foods Ltd (ADFFOODS) — Share Price, Financials & Analysis"
symbol: "ADFFOODS"
company: "ADF Foods Ltd"
canonical: "https://tapetide.com/stocks/ADFFOODS"
isin: "INE982B01027"
nse_symbol: "ADFFOODS"
bse_code: "519183"
sector: "Food Products"
industry: "Packaged Foods"
market_cap_cr: 2945.99
generated_at: "2026-09-13T19:36:50.460Z"
---

# ADF Foods Ltd (ADFFOODS)

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

## Company

- **NSE Symbol:** ADFFOODS
- **BSE Code:** 519183
- **ISIN:** INE982B01027
- **Sector:** Food Products
- **Industry:** Packaged Foods
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 1991-09-14
- **CEO:** Mr. Bimal Ramesh Thakkar B.Com
- **Employees:** 369
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** adf-foods.com

## About

ADF specializes in the production and export of a variety of traditional Indian food products, including pickles, chutneys, pastes, sauces, ready-to-eat meals, frozen, and canned foods. Its market spans Europe, the US, Australia, and the Gulf. Additionally, ADF Foods UK Limited and ADF Holding USA Limited operate as agents distributing FMCG products in the USA and UK respectively.

## Latest Price

- **Price:** ₹269.55
- **Change:** -4.5 (-1.64%)
- **Open:** ₹270.65
- **Day High:** ₹271.65
- **Day Low:** ₹267.15
- **Previous Close:** ₹274.05
- **Volume:** 66092
- **As Of:** 2026-09-11T09:59:47+00:00

## Key Fundamentals

Observed at 2026-09-11T04:40:28.767778Z.

- **Market Cap:** ₹2945.99 Cr
- **Classification:** Microcap
- **P/E (reported):** 32.6
- **P/E (TTM):** 32.2
- **EPS (TTM):** ₹8.37
- **EPS (reported):** ₹6.85
- **Book Value:** ₹52.02
- **Price to Book:** 5.25
- **Dividend Yield:** 0.44%
- **ROE:** 15.72%
- **ROCE:** 19.2%
- **Debt to Equity:** 0.1
- **Revenue (yearly):** ₹703.3 Cr
- **Net Income:** ₹89.9 Cr
- **EBITDA:** ₹150.8 Cr
- **52-Week High:** ₹346.95
- **52-Week Low:** ₹153.1
- **RSI (14):** 50.86

## Tapetide Score

- **Score:** 51 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 52 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 89.37 | 9% |
| growth | 77.5 | 9% |
| momentum | 72.76 | 12% |
| ownership | 37.03 | 24% |
| quality | 56.95 | 22% |
| valuation | 25.06 | 24% |

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

## Key Insights

### Strengths

- Company has been maintaining a healthy dividend payout of 37.2%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 53.9% | -17.54% | 68.94% |
| ebitda margin growth | -28.37% | 15.09% | -1.83% | 21.42% |
| net income growth | -33.2% | 29.73% | 20% | 14% |
| revenue growth | -18.01% | 16.52% | 15% | 13% |
| roce | -35.14% | 13.95% | -3.71% | 17.67% |
| roe | -33.27% | 11.81% | 15.49% | 11.97% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 125 | 130 | 154 | 122 | 161 | 147 | 159 | 133 | 163 | 191 | 197 | 167 |
| Expenses | 103 | 103 | 119 | 102 | 134 | 121 | 134 | 109 | 127 | 154 | 162 | 138 |
| Operating Profit | 22 | 27 | 34 | 20 | 28 | 26 | 25 | 24 | 36 | 37 | 34 | 30 |
| OPM % | 17 | 21 | 22 | 16 | 17 | 18 | 16 | 18 | 22 | 19 | 17 | 18 |
| Other Income | 3 | 4 | 2 | 5 | 4 | 4 | 2 | 3 | 6 | -4 | 9 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 7 |
| Profit before tax | 21 | 26 | 31 | 20 | 26 | 25 | 21 | 21 | 36 | 27 | 36 | 23 |
| Tax % | 27 | 27 | 19 | 26 | 25 | 25 | 21 | 28 | 26 | 17 | 29 | 26 |
| Net Profit | 15 | 19 | 25 | 14 | 20 | 19 | 16 | 15 | 26 | 22 | 26 | 17 |
| EPS in Rs | 1.37 | 1.76 | 2.35 | 1.37 | 1.79 | 1.71 | 1.5 | 1.39 | 2.4 | 2.04 | 2.36 | 1.57 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 201 | 231 | 285 | 370 | 421 | 450 | 520 | 590 | 683 | 718 |
| Expenses | 182 | 202 | 232 | 302 | 354 | 369 | 415 | 491 | 552 | 581 |
| Operating Profit | 19 | 29 | 53 | 68 | 67 | 81 | 105 | 98 | 131 | 137 |
| OPM % | 10 | 13 | 19 | 18 | 16 | 18 | 20 | 17 | 19 | 19 |
| Other Income | 18 | 14 | 9 | 6 | 9 | 11 | 11 | 14 | 13 | 11 |
| Interest | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 | 3 |
| Depreciation | 4 | 4 | 6 | 6 | 9 | 14 | 16 | 18 | 21 | 23 |
| Profit before tax | 32 | 38 | 55 | 67 | 65 | 75 | 98 | 92 | 120 | 122 |
| Tax % | 44 | 33 | 22 | 25 | 26 | 26 | 25 | 24 | 25 | — |
| Net Profit | 18 | 25 | 43 | 50 | 49 | 56 | 74 | 69 | 90 | 92 |
| EPS in Rs | 1.7 | 2.53 | 4.27 | 5 | 4.59 | 5.1 | 6.85 | 6.3 | 8.18 | 8.37 |
| Dividend Payout % | 0 | 0 | 14 | 12 | 18 | 20 | 77 | 19 | 15 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 22 | 22 | 20 | 20 | 20 | 21 | 22 | 22 | 22 | 22 |
| Reserves | 145 | 153 | 151 | 184 | 253 | 322 | 397 | 419 | 470 | 550 |
| Borrowings | 5 | 1 | 0 | 23 | 1 | 70 | 55 | 56 | 59 | 55 |
| Other Liabilities | 19 | 30 | 23 | 37 | 50 | 55 | 46 | 53 | 66 | 114 |
| Total Liabilities | 191 | 205 | 195 | 265 | 324 | 468 | 520 | 550 | 618 | 741 |
| Fixed Assets | 81 | 80 | 69 | 77 | 77 | 160 | 175 | 182 | 186 | 258 |
| CWIP | 1 | 0 | 1 | 2 | 0 | 0 | 7 | 5 | 19 | 27 |
| Investments | 8 | 0 | 0 | 18 | 17 | 39 | 80 | 77 | 61 | 15 |
| Other Assets | 100 | 125 | 125 | 167 | 229 | 268 | 259 | 285 | 353 | 442 |
| Total Assets | 191 | 205 | 195 | 265 | 324 | 468 | 520 | 550 | 618 | 741 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 17 | 24 | 20 | 31 | 36 | 34 | 51 | 70 | 37 | 58 |
| Cash from Investing Activity | -4 | 4 | -1 | -39 | -9 | -53 | -60 | 13 | -39 | -5 |
| Cash from Financing Activity | -12 | -11 | -32 | 14 | -7 | 33 | -5 | -63 | -21 | -24 |
| Net Cash Flow | 1 | 17 | -14 | 6 | 20 | 14 | -14 | 20 | -23 | 29 |
| Free Cash Flow | 14 | 19 | 15 | 21 | 32 | 0 | 24 | 55 | -4 | -25 |
| CFO/OP | 117 | 168 | 114 | 83 | 71 | 72 | 88 | 89 | 63 | 70 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 62 | 78 | 69 | 68 | 64 | 61 | 76 | 76 | 73 | 77 |
| Inventory Days | 104 | 94 | 131 | 158 | 143 | 156 | 132 | 111 | 176 | 205 |
| Days Payable | 44 | 55 | 52 | 62 | 68 | 65 | 47 | 63 | 88 | 120 |
| Cash Conversion Cycle | 122 | 117 | 148 | 165 | 139 | 153 | 162 | 124 | 160 | 162 |
| Working Capital Days | 98 | 102 | 117 | 82 | 111 | 110 | 116 | 108 | 123 | 128 |
| ROCE % | 14 | 19 | 23 | 28 | 27 | 19 | 17 | 20 | 17 | 22 |

## 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 | 36.29% | 36.28% | 36.42% | 36.33% | 36.17% | 36.13% | 36.13% | 36.13% | 36.13% | 36.13% | 36.13% | 36.13% |
| FIIs | 9.57% | 9.57% | 9.56% | 9.51% | 9.55% | 10.06% | 9.85% | 11.29% | 11.3% | 11.31% | 11.55% | 11.6% |
| DIIs | 19.96% | 20.07% | 21.08% | 23.38% | 22.93% | 23.65% | 23.66% | 22.71% | 23.1% | 23.11% | 23.21% | 21.3% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 18.02% | 18.26% | 17.78% | 16.87% | 19.07% | 17.79% | 18.16% | 17.66% | 17.67% | 17.7% | 17.67% | 19.3% |
| Others | 16.16% | 15.82% | 15.16% | 13.91% | 12.28% | 12.36% | 12.2% | 12.2% | 11.8% | 11.74% | 11.43% | 11.67% |
| No. of Shareholders | 31526 | 39812 | 40411 | 38838 | 44142 | 41996 | 42769 | 41436 | 42054 | 41581 | 40319 | 39264 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 7 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 269.7 | Sell |
| EMA (10) | 271.14 | Sell |
| SMA (20) | 270.3 | Sell |
| EMA (20) | 271.59 | Sell |
| SMA (50) | 282.32 | Sell |
| EMA (50) | 275.54 | Sell |
| SMA (100) | 281.16 | Sell |
| EMA (100) | 269.24 | Buy |
| SMA (200) | 239.89 | Buy |
| EMA (200) | 255.76 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.88 | Neutral |
| MACD (12,26,9) | -1.66 | Buy |
| Stochastic (14,3,3) | 56.26 | Neutral |
| ADX (14) | 17.45 | Neutral |
| Williams %R (14) | -60.04 | Neutral |
| ATR (14) | 9.71 | High Volatility |
| ROC (12) | -3.97 | Sell |
| Stoch RSI (14) | 38.86 | Neutral |
| UO (7,14,28) | 63.06 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 0 | 0% |
| Hold | 1 | 100% |
| Sell | 0 | 0% |

Based on 1 analyst ratings, observed at 2026-09-11T04:40:28.807470+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-22 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94d95ecb-a9f9-4bcf-a525-a8255cc0ee2c.pdf) |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35e26268-29ea-436d-bfbb-6455e97947b3.pdf) |
| 2026-08-14 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=29f87591-1626-449c-9881-fcdd41c01b9b.pdf) |
| 2026-08-14 | [Announcement Under Regulation 30 (LODR) - Update On Litigation.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09f4cfec-655e-48a2-a59d-cd3c13dec105.pdf) |
| 2026-08-12 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09e57edf-9a54-4c27-913d-96720629e597.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ecc2c71-7722-4b91-903e-f6f2648c15d2.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=395f80fb-4521-4dd7-ac7f-6ab590a836cc.pdf) |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fad85235-9659-46c8-968b-4a8801e59955.pdf) |
| 2026-07-30 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=691711e1-4014-4aa5-97a5-e2ca7d76351e.pdf) |
| 2026-07-30 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d1baa39-8668-409f-9a68-f9dbf105d529.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea3b1c78-2469-49e8-a4f3-13516d982036.pdf) |
| 2026-05-21 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63cce30f-4ef9-4570-8154-35e6d4387683.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4836dc54-d712-48d7-bb71-af002e79560a.pdf) |
| 2025-11-25 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15185a26-0a5f-488b-aaa4-0a4c58c20e6a.pdf) |
| 2025-08-06 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=53f5b0be-820f-479e-bed0-7c83677e75bc.pdf) |
| 2025-05-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4d682729-ef8c-49ba-b58d-db4ec9fd0de5.pdf) |
| 2025-02-21 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d859c5a2-ecc6-4a76-aa1e-e6579cc57140.pdf) |
| 2024-11-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e255b68-0f24-45c1-87a2-7a3623c9bdcb.pdf) |
| 2024-08-06 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5bd4964-9d98-4976-9f27-110259546062.pdf) |
| 2024-05-16 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c458cb8e-50bb-4d36-855c-d9b6f76d011e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-29 | [Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da296c61-581d-4e93-a4a1-38a2a23bffbf.pdf) |
| 2026-05-13 | [Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5f9c843-6e72-4b19-a949-11289c2e43b3.pdf) |
| 2026-02-03 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=737dbb96-e565-437a-89ca-9de4010cdbc6.pdf) |
| 2025-11-07 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30Th September 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff9a7bb3-2774-41ba-9795-c1a1b9ea0184.pdf) |
| 2025-07-30 | [Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb9a22a0-be61-4938-bb79-b04e1473e2d7.pdf) |
| 2025-05-14 | [Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended 31St March 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71a55d9c-6f4b-4953-afba-6b2bd7515ba0.pdf) |
| 2025-02-14 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63e62071-9d6d-471a-a098-e9dfeac7635e.pdf) |
| 2024-10-28 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30Th September, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60345c6f-c77a-41ea-b3d5-7bcd5e4ced45.pdf) |
| 2024-07-30 | [Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66dbe615-da9a-4fc9-9d55-3dae9e4b787c.pdf) |
| 2024-05-09 | [Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80b77a04-de58-4d8f-8ad2-7627bea2c2c8.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-07-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c33517d-81b5-4293-820b-13fd5637ab27.pdf) |
| 2026-05-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71ea5ba5-324b-4115-b718-1ba7bc205ecd.pdf) |
| 2026-02-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d64c9a3-7c39-45e8-bb03-c552485ee22b.pdf) |
| 2025-11-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a98834f2-ae05-482a-b980-a71080a369cb.pdf) |
| 2025-07-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82216a4b-50bc-4642-a56f-1a499166084f.pdf) |
| 2025-05-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9e97a0c-0fe5-495c-a689-a13fc67e5cc1.pdf) |
| 2025-02-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78ce9c20-09aa-4acb-9162-03405033f98b.pdf) |
| 2024-10-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f7b828b8-89cb-4fee-be72-ded5f53210c8.pdf) |
| 2024-07-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f2a20d6-a2f9-406d-aa0f-942cb7bc2f47.pdf) |
| 2024-05-09 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e2183fc-d222-4c34-a9f0-3cd6aa030364.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 March 2026 - 3.78 GW Tadkeshwar module capacity enlisted in MNRE ALMM (March 9, 2026). | [Press Release 9 March 2026 - 3.78 GW Tadkeshwar module capacity enlisted in MNRE ALMM (March 9, 2026).](https://nsearchives.nseindia.com/corporate/SOLEX_09032026183212_Press_Release.pdf) |
| 7 May - ADF Foods to hold Q4 and FY2025-26 earnings call on 14 May 2026 at 3:30 PM IST. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 May - ADF Foods to hold Q4 and FY2025-26 earnings call on 14 May 2026 at 3:30 PM IST.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/76f7a102-f417-4910-aba3-570fbdc54fda.pdf) |
| 6h - ADF Foods replies to BSE on volume spike, citing no undisclosed information and trading window closure. | [Clarification For Spurt In Volume. 6h - ADF Foods replies to BSE on volume spike, citing no undisclosed information and trading window closure.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/49e9eee8-61ac-4720-ad9c-c4c76edbb3b4.pdf) |
| 6 May - Board meets 13 May 2026 to approve FY26 results and consider final dividend. | [Board Meeting Intimation for Meeting Scheduled To Be Held On Wednesday, 13Th May, 2026. 6 May - Board meets 13 May 2026 to approve FY26 results and consider final dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/02553cfb-090f-43ad-9cb9-ee6e206fc954.pdf) |
| 5 March 2026 - Virtual investor/analyst interaction with Arihant Capital on 10 March 2026, 3–4 PM. | [Analysts/Institutional Investor Meet/Con. Call Updates 5 March 2026 - Virtual investor/analyst interaction with Arihant Capital on 10 March 2026, 3–4 PM.](https://nsearchives.nseindia.com/corporate/SOLEX_05032026212459_Intimation.pdf) |
| 3 Apr - ADF Foods filed Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Apr - ADF Foods filed Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8717ee76-6652-443f-904e-ac4d5ac0b89d.pdf) |
| 28 Mar - Commercial production started at Surat greenfield plant (10,000 MT pa), Phase-1 investment ~Rs90 crore, 28 Mar 2026. | [Announcement Under Regulation 30 Of SEBI LODR - Commencement Of Commercial Production. 28 Mar - Commercial production started at Surat greenfield plant (10,000 MT pa), Phase-1 investment ~Rs90 crore, 28 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b84468a-84cb-454c-81a3-c2d9634d70fa.pdf) |
| 28 Feb - GM–Supply Chain Jeetendra Joshi resigned effective close of business 28 Feb 2026; operations unaffected. | [Announcement under Regulation 30 (LODR)-Change in Management 28 Feb - GM–Supply Chain Jeetendra Joshi resigned effective close of business 28 Feb 2026; operations unaffected.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8460b1d0-6eb1-43b9-9ab2-f1432c0b02c4.pdf) |
| 24 Apr - ADF Foods replies to BSE on volume spike, citing no undisclosed information and trading window closure. | [Clarification For Spurt In Volume. 24 Apr - ADF Foods replies to BSE on volume spike, citing no undisclosed information and trading window closure.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49e9eee8-61ac-4720-ad9c-c4c76edbb3b4.pdf) |
| 20 Apr - ADF Foods replied to BSE volume query, stating no undisclosed price-sensitive information or corporate action. | [Clarification For Spurt In Volume. 20 Apr - ADF Foods replied to BSE volume query, stating no undisclosed price-sensitive information or corporate action.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3004a47c-6f4a-4530-8007-1f90ce8e7087.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15185a26-0a5f-488b-aaa4-0a4c58c20e6a.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/SOLEX_14112025170132_Transcript_Intimation.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e255b68-0f24-45c1-87a2-7a3623c9bdcb.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/SOLEX_20112024154604_Transcript_Post_Earnings_Call.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/267f3336-bd82-4866-a785-8d088ff691ef.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/37c2d95c-9b69-4da0-a8cd-5b5f1584adc7.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63cce30f-4ef9-4570-8154-35e6d4387683.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/63cce30f-4ef9-4570-8154-35e6d4387683.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71ea5ba5-324b-4115-b718-1ba7bc205ecd.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/71ea5ba5-324b-4115-b718-1ba7bc205ecd.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28266_SOLEX_2024_2025_A_8436023_03092025145503.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25592_SOLEX_2023_2024_03092024184937.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23171_SOLEX_2022_2023_01092023105042_09012023110000.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2fe052ae-3111-4501-bc1a-992f3fc993d0.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/df7674e5-3bac-4a28-9cf6-be866aba62e0.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/67be8c00-5390-47ec-bb24-c152a99ddd32.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2979c7c0-8468-44e2-a2d4-55f2a3909fde.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2024-05-10 | [Announcement Under Regulation 30 (LODR) - Audio Recording Of Q4 & FY24 Earnings Call.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf857cab-e383-493c-9a6e-0bbb2f71ad91.pdf) |
| 2024-01-31 | [Audio Recording Of Q3 & 9M FY24](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6c772c0-3669-4158-ba54-cc65ff2f3667.pdf) |
| 2023-11-01 | [Audio Recording Of Q2 & H1 FY24 Earnings Call.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab5ac9ef-52ca-4e40-9127-080c9dddcb75.pdf) |
| 2023-08-08 | [Audio Recording Of Q1 FY24 Earnings Call.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71e2c95a-3910-4029-8278-589a2c46f967.pdf) |
| 2023-05-09 | [Audio Recording Of Q4 & FY23 Earnings Call](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37e74c1c-2ad2-4df5-8155-2a70520ef01d.pdf) |
| 2023-01-31 | [Audio Recording Of Q3 & Nine Months FY23 Earnings Call.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d75c4be-9311-4885-9d9c-9b25cec02538.pdf) |
| 2022-11-09 | [Audio Recording Of Q2 & H1 FY23 Earnings Call.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4988b47c-fda6-4e66-9600-f8a177b236d2.pdf) |
| 2022-07-29 | [Audio Recording Of Q1 FY23 Earnings Conference Call.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2eb8b47a-b48a-4f5a-a0d3-00efb4eb11a2.pdf) |
| 2022-05-23 | [Audio Recording Of Q4 FY2022 Earnings Conference Call.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7700f8b3-70e8-4582-b4d6-62ed01099cba.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 2026-09-13T19:36:50.460Z.