Sundrop Brands Limited
NSE: SUNDROP · Packaged Foods · sector
₹634.15NSE close 2026-10-26
Key numbers
Market cap₹2,391 cr
Price₹634.15
52w high / low₹810 / ₹556
P/E85.7xSector median 33.2x
P/B1.6xSector median 2.2x
Book value₹392.2
Dividend yield–Sector median 0.65%
ROE2.0%Sector median 8.8%
ROCE2.8%Sector median 9.6%
OPM4.4%Sector median 9.2%
Debt / equity0.00xSector median 0.16x
EV/EBITDA33.1xSector median 18.4x
Interest cover20.1x
Current ratio1.85x
Sales growth 3y+22.2%Sector median +14.9%
Profit growth 3y+24.0%Sector median +19.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 45 companies in Packaged Foods (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹58 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 20.1x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 9.98 percentage points in a year, to 43.90% (2026-09-30).
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 10% of net profit in the last 12 months.
- Dividend paid in 4 of the last 5 financial years.
- Price ₹634.15 on 2026-10-26: -21.7% from the 52-week high, +14.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,035.85 · low ₹586.55
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 206 | 208 | 304 | 372 | 383 | 407 | 387 | 428 |
| EBITDA | 6 | 11 | -143 | 14 | 4 | 20 | 21 | 25 |
| OPM % | 3.0% | 5.1% | -47.2% | 3.7% | 1.0% | 5.0% | 5.5% | 5.8% |
| Other income | 0 | 0 | 2 | 1 | 1 | 0 | 1 | 1 |
| Net profit | -0 | 4 | -114 | 4 | -2 | 8 | 10 | 12 |
| EPS (₹) | 0.02 | 1.61 | -43.30 | 1.15 | -0.56 | 2.13 | 2.61 | 3.22 |
| Revenue YoY | +86.0% | +95.6% | +27.2% | +15.0% | ||||
| Profit YoY | – | +90.1% | – | +178.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 917 | 850 | 760 | 899 | 1,549 | 1,605 |
| EBITDA | 56 | 45 | 37 | -120 | 59 | 70 |
| Net profit | 26 | 11 | 10 | -111 | 21 | 29 |
| EPS (₹) | 10.87 | 6.29 | 4.29 | -41.72 | 5.34 | 7.40 |
| Revenue growth | -7.3% | -10.6% | +18.3% | +72.4% | +47.2% | |
| Profit growth | -57.9% | -6.7% | -1,188.7% | – | – | |
| Dividend / share (₹) | 3.00 | 3.00 | 3.00 | 3.00 | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +22.2% | +11.7% | +47.2% |
| Net profit | +24.0% | -7.8% | – |
| EPS | -5.3% | -16.6% | – |
| Share price | – | – (2y) | -20.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 486 | 500 | 1,438 | 1,478 |
| Borrowings | – | 52 | 34 | 0 | 0 |
| Cash & equivalents | – | 7 | 14 | 48 | 58 |
| Total assets | – | 639 | 643 | 1,787 | 1,831 |
| Fixed assets | – | 291 | 306 | 402 | 392 |
| Capital work in progress | – | 26 | 30 | 2 | 2 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 69 | 67 | 98 | 106 |
| Inventory | – | 166 | 146 | 195 | 191 |
| Payables | – | 53 | 59 | 178 | 152 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -30 | 22 | 63 | 84 | 31 |
| Cash from investing | -11 | -41 | -37 | -20 | -41 |
| Cash from financing | 34 | 22 | -19 | -45 | -5 |
| Capex | 30 | 41 | 37 | 21 | 18 |
| Free cash flow | -60 | -19 | 26 | 63 | 12 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 2.2% | 2.0% | -7.7% | 1.4% |
| ROCE % | – | 4.4% | 3.2% | -10.0% | 2.0% |
| Debtor days | – | 30 | 32 | 40 | 25 |
| Inventory days | – | 108 | 113 | 124 | 70 |
| Payable days | – | 35 | 46 | 114 | 56 |
| Cash conversion cycle (days) | – | 103 | 99 | 50 | 39 |
| Working capital days | – | 62 | 69 | 65 | 48 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 43.90% |
| FIIs | 0.05% |
| DIIs | 5.85% |
| of which Mutual funds | 5.23% |
| Public (non-institutions) | 50.20% |
| Quarter | Feb 2025 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 33.47% | 33.92% | 33.92% | 33.92% | 38.91% | 38.91% | 43.90% | 43.90% |
| Promoter group | % |
|---|---|
| Cag-tech (Mauritius) Limited | 43.90% |
| Zest Investments Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Bharti Overseas Private | 18.30% |
| Tata Mutual Fund - Tata Small CAP Fund | 4.73% |
| DMPL India Limited | 2.96% |
| Rekha Jhunjhunwala | 2.69% |
| Rekha Jhunjhunwala | 2.25% |
| Bharti Satya Trustees Private Limited | 2.03% |
| Viral Amal Parikh | 1.58% |
| Elpro International Limited | 1.48% |
14,967 shareholders. Pledged: 0.00% of promoter shares.
Peers in Packaged Foods
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| NESTLEIND | ₹2,26,287 cr | 55.5x | 39.2x | 79.9% | 95.7% | 24.4% | – | 1.02% |
| BRITANNIA | ₹1,10,332 cr | 42.4x | 21.6x | 55.0% | 54.5% | 18.6% | +5.5% | 1.64% |
| ZYDUSWELL | ₹15,076 cr | 80.1x | 2.6x | 3.3% | 4.1% | 12.2% | +20.7% | 0.25% |
| BIKAJI | ₹11,645 cr | 45.0x | 7.2x | 17.3% | 20.1% | 13.3% | +15.1% | 0.21% |
| BBTC | ₹8,069 cr | 6.3x | 1.1x | 20.4% | 42.0% | 18.3% | +5.5% | 12.53% |
| BECTORFOOD | ₹5,687 cr | 38.3x | 4.5x | 12.2% | 14.9% | 12.8% | +14.5% | 0.65% |
| GOPAL | ₹2,996 cr | 35.7x | 6.3x | 19.0% | 19.0% | 9.7% | – | 0.05% |
| ADFFOODS | ₹2,631 cr | 28.6x | 4.6x | 17.3% | 21.6% | 18.1% | +14.9% | 0.50% |
| DIAMONDYD | ₹2,451 cr | 213.1x | 3.5x | 1.6% | 3.2% | 4.5% | +1.4% | 0.05% |
| SUNDROP | ₹2,391 cr | 85.7x | 1.6x | 2.0% | 2.8% | 4.4% | +22.2% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2023-07-04 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2022-06-20 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2021-08-09 | Dividend | Dividend - Rs 3 Per Sh |
| 2020-08-11 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2019-07-08 | Dividend | Dividend - Rs 2.50 Per Share |
| 2018-07-17 | Dividend | Dividend- Rs 2.50 Per Share |
| 2017-07-17 | Dividend | Annual General Meeting/Dividend - Rs 2/- Per Share |
| 2016-07-18 | Dividend | Annual General Meeting/ Dividend - Rs 2/- Per Share |
| 2015-07-14 | Dividend | Annual General Meeting / Dividend - Rs 2/- Per Share |
| 2014-07-08 | Dividend | Annual General Meeting / Dividend - Rs 2 Per Share |
| 2013-07-16 | Dividend | Annual General Meeting / Dividend - Rs 2/- Per Share |
| 2012-07-13 | Dividend | Annual General Meeting/ Dividend Rs. 1.75/- Per Share |
| 2011-07-21 | Dividend | Annual General Meeting And Dividend Rs.1.75 Per Share |
| 2010-07-16 | Dividend | Annual General Meeting And Dividend Rs.1.50 Per Share |
| 2009-07-17 | Other | Ann Bk Clsr/Dv-Re.1 Pr Sh |
| 2008-07-17 | Other | Annual General Meeting |
| 2007-07-19 | Other | Agm |
| 2006-07-25 | Other | Agm |
| 2005-07-21 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Fast Moving Consumer Goods (FMCG): Sundrop Brands Limited (formerly known as Agro Tech Foods Limited) (“Sundrop Brands/ the Company”) is engaged in the foods business which includes (i) manufacturing and sales of processed foods like Ready to Cook Snacks, Ready to Eat Snacks, Spreads & Dips, Breakfast Cereals and Chocolates Confectionery (ii) manufacturing and sales of Edible Oils etc.
| Sector | Fast Moving Consumer Goods |
| Industry | Packaged Foods |
| Sub-industry | Packaged Foods |
| Symbol | SUNDROP |
| BSE code | 500215 |
| ISIN | INE209A01019 |
| Face value | ₹10.0 |
| Incorporated | 1986-11-21 |
| Website | www.sundropbrands.com |
| Plants (India / abroad) | 6 / 1 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.