---
title: "Annapurna Swadisht Ltd (ANNAPURNA) — Share Price, Financials & Analysis"
symbol: "ANNAPURNA"
company: "Annapurna Swadisht Ltd"
canonical: "https://tapetide.com/stocks/ANNAPURNA"
isin: "INE0MGM01017"
nse_symbol: "ANNAPURNA"
sector: "Food Products"
industry: "Packaged Foods"
market_cap_cr: 292.06
generated_at: "2026-09-13T19:21:59.557Z"
---

# Annapurna Swadisht Ltd (ANNAPURNA)

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

## Company

- **NSE Symbol:** ANNAPURNA
- **ISIN:** INE0MGM01017
- **Sector:** Food Products
- **Industry:** Packaged Foods
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2022-09-27
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** annapurnasnacks.in

## About

Incorporated in 2016, Annapurna Swadisht 
Ltd is in the business of manufacturing Food Products[1]

## Latest Price

- **Price:** ₹137.95
- **Change:** +2.92 (+2.16%)
- **Open:** ₹135.72
- **Day High:** ₹138.9
- **Day Low:** ₹132.21
- **Previous Close:** ₹135.03
- **Volume:** 32222
- **As Of:** 2026-09-11T09:59:49+00:00

## Key Fundamentals

Observed at 2026-09-11T04:41:48.896110Z.

- **Market Cap:** ₹292.06 Cr
- **Classification:** Microcap
- **P/E (reported):** 9.1
- **Book Value:** ₹151.33
- **Price to Book:** 0.89
- **Dividend Yield:** 0%
- **ROE:** 9.5%
- **ROCE:** 13.74%
- **Debt to Equity:** 0.76
- **Revenue (yearly):** ₹521.6 Cr
- **Net Income:** ₹31.4 Cr
- **EBITDA:** ₹73.9 Cr
- **52-Week High:** ₹287
- **52-Week Low:** ₹120.75
- **RSI (14):** 40.1

## Tapetide Score

- **Score:** 51 / 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: Fair · Momentum: Falling
- **Percentile:** 52 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 42.8 | 9% |
| growth | 75.6 | 9% |
| momentum | 28.67 | 12% |
| ownership | 55.7 | 24% |
| quality | 47.38 | 22% |
| valuation | 54.53 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.91 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.4% over last 3 years.
- Promoters have pledged 87.4% of their holding.
- Debtor days have increased from 52.2 to 63.5 days.
- Promoter holding has decreased over last 3 years: -11.7%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -30.81% | -103.13% | -270.71% |
| ebitda margin growth | 9.95% | 20.9% | 33.81% | — |
| net income growth | 36.11% | 46.05% | 62% | — |
| revenue growth | 0.32% | 27.62% | 48% | — |
| roce | 11.73% | 15.46% | -29.36% | — |
| roe | 35.87% | 34.56% | 9.34% | — |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- |
| Sales | 107.89 | 125.9 | 126.76 |
| Expenses | 90.81 | 107.69 | 106.21 |
| Operating Profit | 17.08 | 18.21 | 20.55 |
| OPM % | 15.83 | 14.46 | 16.21 |
| Other Income | 0.15 | 0.86 | 0.45 |
| Interest | 2.81 | 6.34 | 4.8 |
| Depreciation | 2.65 | 2.96 | 3 |
| Profit before tax | 11.77 | 9.77 | 13.2 |
| Tax % | 24.89 | 26.1 | 25.68 |
| Net Profit | 8.84 | 7.22 | 9.81 |
| EPS in Rs | 3 | 3.31 | 4.5 |

### Profit & Loss

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 160 | 263 | 407 | 519 |
| Expenses | 147 | 235 | 360 | 446 |
| Operating Profit | 13 | 27 | 47 | 72 |
| OPM % | 8 | 10 | 12 | 14 |
| Other Income | 1 | 1 | 3 | 1 |
| Interest | 2 | 6 | 11 | 17 |
| Depreciation | 2 | 4 | 10 | 12 |
| Profit before tax | 10 | 18 | 29 | 44 |
| Tax % | 28 | 27 | 26 | 29 |
| Net Profit | 7 | 13 | 22 | 31 |
| EPS in Rs | 4.35 | 7.46 | 9.86 | 13.9 |
| 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 | 16 | 18 | 22 | 22 |
| Reserves | 43 | 97 | 278 | 308 |
| Borrowings | 24 | 63 | 115 | 250 |
| Other Liabilities | 28 | 58 | 55 | 48 |
| Total Liabilities | 112 | 236 | 470 | 629 |
| Fixed Assets | 24 | 77 | 220 | 274 |
| CWIP | 11 | 22 | 13 | 57 |
| Investments | 0 | 0 | 4 | 24 |
| Other Assets | 77 | 137 | 233 | 274 |
| Total Assets | 112 | 236 | 470 | 629 |

### 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 | -25 | -10 | -16 | -21 |
| Cash from Investing Activity | -26 | -72 | -38 | -101 |
| Cash from Financing Activity | 52 | 83 | 80 | 107 |
| Net Cash Flow | 1 | 1 | 26 | -15 |
| Free Cash Flow | -51 | -72 | -33 | -113 |
| CFO/OP | -185 | -28 | -20 | -15 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 45 | 41 | 52 | 64 |
| Inventory Days | 99 | 124 | 102 | 88 |
| Days Payable | 60 | 89 | 31 | 24 |
| Cash Conversion Cycle | 84 | 76 | 123 | 128 |
| Working Capital Days | 50 | 17 | 40 | 45 |
| ROCE % | — | 19 | 13 | 12 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.85% | 51.85% | 48.96% | 48.67% | 39.92% | 39.88% | 39.88% | 40.17% |
| FIIs | 2.11% | 0% | 0% | 0% | 4.4% | 2.96% | 7.3% | 6.64% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.36% |
| Government | 0% | 0.01% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 26.43% | 34.46% | 35.81% | 33.33% | 31.39% | 32.67% | 28.64% | 25.17% |
| Others | 19.61% | 13.68% | 15.23% | 17.99% | 24.29% | 24.5% | 24.18% | 27.65% |
| No. of Shareholders | 48 | 927 | 1388 | 2217 | 3594 | 4591 | 4247 | 3998 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 142.03 | Sell |
| EMA (10) | 141.17 | Sell |
| SMA (20) | 146.73 | Sell |
| EMA (20) | 143.35 | Sell |
| SMA (50) | 140.6 | Sell |
| EMA (50) | 143.15 | Sell |
| SMA (100) | 141.93 | Sell |
| EMA (100) | 148.76 | Sell |
| SMA (200) | 167.8 | Sell |
| EMA (200) | 170.81 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.76 | Neutral |
| MACD (12,26,9) | -1.58 | Sell |
| Stochastic (14,3,3) | 9.97 | Buy |
| ADX (14) | 17.17 | Neutral |
| Williams %R (14) | -77.74 | Neutral |
| ATR (14) | 7.71 | High Volatility |
| ROC (12) | -7.32 | Sell |
| Stoch RSI (14) | 28.15 | Neutral |
| UO (7,14,28) | 42.47 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [General Updates](https://nsearchives.nseindia.com/corporate/ASL_08092026123258_NSE_Clarification_Reply_Financial.pdf) |
| 2026-09-04 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ASL_04092026164334_ASL_Paper_AD.pdf) |
| 2026-09-03 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/ASL_03092026190549_Intimation__AGM_Notice.pdf) |
| 2026-08-29 | [Resignation of Director/KMP/SMP](https://nsearchives.nseindia.com/corporate/ANNAPURNA_ROID_97371_KMP_Doc.zip) |
| 2026-08-20 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ASL_20082026141055_Newspaper_Publication.pdf) |
| 2026-08-20 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ASL_20082026125943_Annapurna_Newspaper_Advertisement.pdf) |
| 2026-08-19 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ASL_19082026185453_ASL-_Prior_Intimation-_Earnnings_Conference_Call.pdf) |
| 2026-08-12 | [Press Release](https://nsearchives.nseindia.com/corporate/ASL_12082026151755_Press_Release_Migration_ASL.pdf) |
| 2026-08-10 | [General Updates](https://nsearchives.nseindia.com/corporate/ASL_10082026194134_Intimation_Circular.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-29 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ASL_29082026161115_Outcome_BM__29082026.pdf) |
| 2026-08-29 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ASL_29082026160701_Outcome_BM__29082026.pdf) |
| 2026-08-18 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ASL_18082026195023_Outcome_with_financials_ASL.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-26 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ASL_26082026173200_ASL_Submission_Transcript.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-24 | [Investor Presentation](https://nsearchives.nseindia.com/corporate/ASL_24082026141319_Investor_Presentation_24082026.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-24 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ASL_24082026190623_Earnnings_Conference_Call.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 March 2026 - Q3 FY26: Revenue ₹394.29 Cr; PAT ₹25.14 Cr; acquired majority stake in AAFPL (12,500 tpa, ₹110 Cr potential). | [General Updates 9 March 2026 - Q3 FY26: Revenue ₹394.29 Cr; PAT ₹25.14 Cr; acquired majority stake in AAFPL (12,500 tpa, ₹110 Cr potential).](https://nsearchives.nseindia.com/corporate/ASL_09032026173157_ASL_Intimation__Investor_Quarterly_updates.pdf) |
| 9 Jun - Filed NSE in-principle application on May 20, 2026 to migrate from NSE Emerge to Main Board. | [General Updates 9 Jun - Filed NSE in-principle application on May 20, 2026 to migrate from NSE Emerge to Main Board.](https://nsearchives.nseindia.com/corporate/ASL_09062026144006_ASL_-_NSE_Application_Announcement.pdf) |
| 8 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026; no physical share certificates received for dematerialization. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026; no physical share certificates received for dematerialization.](https://nsearchives.nseindia.com/corporate/ASL_08072026183249_Intimation_Regulation_74_5_.pdf) |
| 6 April 2026 - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no physical shares received for dematerialization. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 April 2026 - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no physical shares received for dematerialization.](https://nsearchives.nseindia.com/corporate/ASL_06042026174407_Intimation_regulation-74_5_.pdf) |
| 6 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 6 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=ANNAPURNA&tabIndex=sme) |
| 6 April 2026 - Annapurna Swadisht says corporate governance provisions are not applicable for quarter ended March 31, 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 6 April 2026 - Annapurna Swadisht says corporate governance provisions are not applicable for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/ASL_06042026174825_Non_applicability_of_CG.pdf) |
| 4 Jun - Rachna Suman Shaw acquired 1,00,000 shares on 04/06/2026; company filed Form C disclosure. | [General Updates 4 Jun - Rachna Suman Shaw acquired 1,00,000 shares on 04/06/2026; company filed Form C disclosure.](https://nsearchives.nseindia.com/corporate/ASL_04062026185009_Intimation_ASL.pdf) |
| 30 May 2026 - Submitted FY2026 compliance certificate for SEBI PIT structural digital database. | [Structural Digital Database 30 May 2026 - Submitted FY2026 compliance certificate for SEBI PIT structural digital database.](https://nsearchives.nseindia.com/corporate/ASL_30052026180147_Intimation_SDD_ASL.pdf) |
| 30 Jun - Completed acquisition of 57.14% in Andri Agro Foods; company became subsidiary, plans total 75% stake within six months. | [General Updates 30 Jun - Completed acquisition of 57.14% in Andri Agro Foods; company became subsidiary, plans total 75% stake within six months.](https://nsearchives.nseindia.com/corporate/ASL_30062026183123_Aquasition_ASL_Andri_Agro_Foods.pdf) |
| 30 April 2026 - April 30, 2026 clarification: no undisclosed material information behind share price movement. | [General Updates 30 April 2026 - April 30, 2026 clarification: no undisclosed material information behind share price movement.](https://nsearchives.nseindia.com/corporate/ASL_30042026145729_ASL_-_NSE_-_Reply_-_Price_movement.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_31287_ANNAPURNA_2025_2026_A_70668262_03092026190906.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28309_ANNAPURNA_2024_2025_A_4298256_03092025180837.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26079_ANNAPURNA_2023_2024_0609202421144.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_22738_ANNAPURNA_2022_2023_12082023164615_08122023170001.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_SUPRAJIT_2010_2011_16122011102525.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9e7ea12-80f9-4e21-b53c-26c4d3df83be.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3aade94d-5ad1-48ac-a4ad-c0b4863a753d.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/61ea1d8e-5f5d-44b6-ba24-fde91d8b57b9.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532509/75759532509.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532509/69465532509.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2024 | [Concall - Sep 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4db04209-8391-4129-930c-01a856e24ced.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://nsearchives.nseindia.com/corporate/ASL_29102025184842_Investor-Presentation-ASL-29102025.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/441958c6-a8ed-4127-b86d-a3f76bb60c5e.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://archives.nseindia.com/corporate/ANNAPURNA_10102022145903_IntimationtoSEforInvestorMeetsigned.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://nsearchives.nseindia.com/corporate/ANNAPURNA_10102022145903_IntimationtoSEforInvestorMeetsigned.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/317802a8-7c1e-4a1b-9a4c-9cc08db89608.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ddedcdf-c4a2-4a11-ba9d-015b6db790b5.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73591956-745a-4f4f-ac6a-30fa5234e672.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b78ccf6-1d16-4840-a34a-e25c1c890400.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b82d168-c274-4002-90ff-57546ea5c505.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 2026-09-13T19:21:59.557Z.