5
Desi Farms
SERINDUSTRIESLTD NSE
Desi Farms
ServicesNSE: SERINDUSTRIESLTD BSE: 507984 Transport Services
Key Fundamentals
MicrocapRoad TransportLogistics & CargoMarket Cap
₹59.90 Cr
P/E Ratio
-234.5
EBITDA
₹-0.29 Cr
Return on Equity
-873.67%
Debt to Equity
0
Book Value
₹0.4
52W High
₹793.05
52W Low
₹218.1
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company is almost debt free.
Weaknesses
3- Stock is trading at 1,497 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -66.7% over last 3 years.
Growth Rate
Revenue Growth
10%
Net Income Growth
-102% higher than
3Y
Cash Flow Change
-114% lower than
3Y
ROE
—
ROCE
376% higher than
3Y
EBITDA Margin (Avg.)
-55.5% higher than
3Y
Quarterly Results
| Particulars | Jun 2023 | 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 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0.15 | 0.32 | 0.31 | 0.03 | 0.1 | 0.11 | 0 |
| Expenses | 0.02 | 0.02 | 0.05 | 0.06 | 0.04 | 0.15 | 0.06 | 0.51 | 0.13 | 0.04 | 0.06 | 0.59 | 0.09 |
| Operating Profit | -0.02 | -0.02 | -0.05 | -0.05 | -0.04 | -0.15 | 0.09 | -0.19 | 0.18 | -0.01 | 0.04 | -0.48 | -0.09 |
| OPM % | — | — | — | -500% | — | — | 60% | -59.38% | 58.06% | -33.33% | 40% | -436.36% | — |
| Other Income | 0 | 0 | 0.02 | 0.01 | 0 | 0.01 | 0.02 | 0.01 | 0 | 0.01 | 0.23 | 0.09 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -0.02 | -0.02 | -0.03 | -0.04 | -0.04 | -0.14 | 0.11 | -0.19 | 0.18 | 0 | 0.27 | -0.39 | -0.09 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — | 0% | 12.82% | 0% |
| Net Profit | -0.02 | -0.02 | -0.03 | -0.05 | -0.04 | -0.14 | 0.11 | -0.19 | 0.18 | 0 | 0.27 | -0.44 | -0.09 |
| EPS in Rs | -0.2 | -0.2 | -0.3 | -0.51 | -0.4 | -1.41 | 1.11 | -1.92 | 1.82 | 0 | 2.73 | -4.45 | -0.91 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.09 | 0.01 | 0.01 | 0.06 | 0.04 | 0 | 0.01 | 0 | 0 | 0 | 0.47 | 0.55 | 0.24 |
| Expenses | 0.3 | 0.27 | 0.16 | 0.23 | 0.41 | 0.21 | 0.16 | 0.15 | 0.17 | 0.14 | 0.87 | 0.84 | 0.78 |
| Operating Profit | -0.21 | -0.26 | -0.15 | -0.17 | -0.37 | -0.21 | -0.15 | -0.15 | -0.17 | -0.14 | -0.4 | -0.29 | -0.54 |
| OPM % | -233.33% | -2600% | -1500% | -283.33% | -925% | — | -1500% | -1500% | -1700% | -1400% | -85.11% | -52.73% | -225% |
| Other Income | 0.11 | 0 | 0.14 | 0.02 | 0.03 | 0.33 | 0.04 | 0.02 | 0.02 | 0.03 | 0.03 | 0.33 | 0.33 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.06 | 0.08 | 0.02 | 0 | 0 | 0.1 | 0.11 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -0.16 | -0.34 | -0.03 | -0.15 | -0.34 | 0.02 | -0.22 | -0.13 | -0.15 | -0.11 | -0.37 | 0.04 | -0.21 |
| Tax % | 0% | 0% | 0% | 0% | 0% | -50% | -9.09% | 7.69% | -6.67% | 0% | 5.41% | 125% | — |
| Net Profit | -0.16 | -0.34 | -0.03 | -0.15 | -0.34 | 0.03 | -0.2 | -0.15 | -0.14 | -0.12 | -0.39 | 0 | -0.26 |
| EPS in Rs | -1.62 | -3.44 | -0.3 | -1.52 | -3.44 | 0.3 | -2.02 | -1.52 | -1.41 | -1.21 | -3.94 | 0 | -2.63 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| Reserves | 0.49 | 0.15 | 0.11 | 0.36 | 0.02 | 0.05 | -0.15 | -0.3 | -0.44 | -0.56 | -0.95 | -0.95 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.45 | 0.43 | 0.44 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.27 | 0.68 |
| Total Liabilities | 1.93 | 1.57 | 1.54 | 1.39 | 1.04 | 1.07 | 0.87 | 0.72 | 0.58 | 0.46 | 0.31 | 0.72 |
| Fixed Assets | 0.21 | 0.08 | 0.07 | 0.06 | 0.06 | 0.19 | 0.08 | 0.07 | 0.07 | 0.06 | 0.05 | 0.05 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.14 | 0.14 | 0 | 0 | 0 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0 |
| Other Assets | 1.58 | 1.35 | 1.47 | 1.33 | 0.98 | 0.72 | 0.63 | 0.49 | 0.35 | 0.24 | 0.1 | 0.67 |
| Total Assets | 1.93 | 1.57 | 1.54 | 1.39 | 1.04 | 1.07 | 0.87 | 0.72 | 0.58 | 0.46 | 0.31 | 0.72 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -0.14 | -0.16 | -0.07 | -0.07 | -0.28 | -0.21 | -0.05 | -0.06 | -0.17 | -0.14 | -0.3 | -0.02 |
| Investing | 0.13 | 0.03 | 0.17 | -0.01 | 0.06 | -0.05 | 0.03 | 0.02 | 0.02 | 0.02 | 0.04 | 0.4 |
| Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.23 | -0.23 |
| Net Cash Flow | -0.01 | -0.13 | 0.1 | -0.08 | -0.22 | -0.26 | -0.02 | -0.03 | -0.15 | -0.12 | -0.03 | 0.15 |
| Free Cash Flow | -0.03 | -0.14 | -0.07 | -0.07 | -0.28 | -0.14 | -0.05 | -0.06 | -0.17 | -0.14 | -0.29 | -0.02 |
| CFO/OP | 67 | 62 | 47 | 41 | 76 | 100 | 33 | 40 | 100 | 100 | 75 | -3 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 365 | 1,460 | 2,920 | 60.83 | 0 | — | 0 | — | — | — | 0 | 26.55 |
| Cash Conversion Cycle | 365 | 1,460 | 2,920 | 60.83 | 0 | — | 0 | — | — | — | 0 | 26.55 |
| Working Capital Days | -203 | -2,920 | -1,825 | 1,582 | 1,643 | — | 3,285 | — | — | — | 0 | -133 |
| ROCE % | -15.43% | -23.66% | -2.68% | -12.24% | -28.81% | 1.95% | -23.4% | -16.99% | -24.19% | -22.45% | -157.45% | 100% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Desi Farms insights
56 extracted metrics + investor summaries across FY08–FY26.
Documents
1
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Company reports non-applicability as Large Corporate for FY ended 31 March 2026; outstanding borrowing nil. 30 Apr - Company reports non-applicability as Large Corporate for FY ended 31 March 2026; outstanding borrowing nil.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Company reports non-applicability as Large Corporate for FY ended 31 March 2026; outstanding borrowing nil. 30 Apr - Company reports non-applicability as Large Corporate for FY ended 31 March 2026; outstanding borrowing nil.
3
Announcement under Regulation 30 (LODR)-Change of Company Name
22 Apr - SER Industries renamed Desi Farms India Limited; scrip ID DESIFARMS effective April 27, 2026. 22 Apr - SER Industries renamed Desi Farms India Limited; scrip ID DESIFARMS effective April 27, 2026.
4
Announcement under Regulation 30 (LODR)-Change of Company Name
16h - SER Industries renamed Desi Farms India Limited; scrip ID DESIFARMS effective April 27, 2026. 16h - SER Industries renamed Desi Farms India Limited; scrip ID DESIFARMS effective April 27, 2026.
5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for qaurter and year ended March 31, 2026. 15 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for qaurter and year ended March 31, 2026.
Frequently Asked Questions about Desi Farms
What does Desi Farms India Limited do?
Incorporated in 1963, Desi Farms India Ltd is into transport & logistics and dairy/food products.[1]
Where is Desi Farms India Limited (507984) listed?
Desi Farms India Limited trades as SERINDUSTRIESLTD on the NSE and under code 507984 on the BSE.
Which sector does Desi Farms India Limited belong to?
Desi Farms India Limited is classified under the Services sector, in the Transport Services industry.
What is the market capitalisation of Desi Farms India Limited?
Desi Farms India Limited has a market capitalisation of ₹59.9 Cr, which places it in the Small Cap band.
What is the PE ratio of Desi Farms India Limited?
Desi Farms India Limited trades at a PE ratio of -234.50, against a book value of ₹0.4 per share.
What is the 52-week high and low of Desi Farms India Limited?
Over the last 52 weeks Desi Farms India Limited has traded between ₹218.1 and ₹793.05.
What is the Return on Equity (ROE) of Desi Farms India Limited?
Desi Farms India Limited reported a return on equity of -873.67%. Its debt-to-equity ratio is 0.00.
Company Information
Incorporated in 1963, Desi Farms India Ltd is into transport & logistics and dairy/food products.[1]
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