BSE: 514171
CEETA INDUSTRIES LTD.
Makes and sells packaged food products, which is the primary business and reported quarterly segment revenue ranging from Rs 3.9112 crore in Q4 FY26 to Rs 6.6333 crore in Q3 FY26. Other Operations is a smaller secondary line that contributed Rs 0.2822 crore in Q4 FY26. Total revenue from operations for FY26 was Rs 21.3569 crore, against which a net profit of Rs 0.5869 crore was reported (net margin 2.7%). Materials are the single largest cost at 47.8% of revenue, followed by other operating expenses at 29.8% and employee costs at 14.1%; depreciation accounted for 5.0%. Capital expenditure in FY26 was Rs 2.0641 crore, equal to 9.7% of revenue. The entity is a small BSE-listed company with paid-up equity capital of Rs 1.45 crore and net worth of Rs 13.04 crore as of March 31, 2026, holding its 42nd Annual General Meeting in August 2026. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Packaged Food Products, Other Operations. Small, low-margin packaged food manufacturer
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 4 | 12 | 22 | 21 |
| EBITDA (ex other income) | (2) | (2) | (2) | 4 | 1 |
| margin % | (207.2) | (38.3) | (15.0) | 17.7 | 6.0 |
| Owners' profit | 0 | (1) | (2) | 3 | 1 |
| EPS, as reported (₹) | 0.33 | (0.88) | (1.10) | 1.89 | 0.40 |
| ROE % · ROCE % | 1.8 · 2.4 | (4.9) · (1.8) | (6.5) · (4.5) | 10.0 · 15.4 | 2.1 · 4.2 |
| Debt / equity (x) | 0.00 | 0.44 | 0.54 | 0.18 | 0.16 |
| Cash from operations | (2) | (1) | (2) | 1 | 1 |
| Capex | (2) | (16) | (0) | (2) | (2) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 6 | 6 | 5 | 6 | 5 | 7 | 4 |
| Profit before tax | 3 | 1 | (0) | 0 | 0 | 0 | 0 | 0 |
| Net profit | 2 | 0 | 0 | (0) | 0 | 0 | 0 | 0 |
| EPS (₹) | 1.58 | 0.31 | 0.04 | 0.04 | 0.21 | 0.01 | 0.07 | 0.11 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Packaged Food Products | 21 | 94.8 |
| Other Operations | 1 | 5.2 |
| Total, before eliminations | 22 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| NESTLE INDIA LIMITED | 2,54,343 | 66.8 | 49.32 | 46.3 | 67.9 | 54.7 | — | 24.4 |
| BRITANNIA INDUSTRIES LTD | 1,14,322 | 43.9 | 22.26 | 30.6 | 49.4 | 59.8 | 7.8 | 18.0 |
| ZYDUS WELLNESS LIMITED | 15,827 | 84.1 | 2.72 | 39.8 | 3.4 | 2.4 | 16.2 | 17.1 |
| BIKAJI FOODS INTERN LTD | 11,770 | 45.5 | 6.89 | 26.1 | 14.9 | 18.3 | — | 15.3 |
| BOMBAY BURMAH TRADING COR | 8,503 | 6.6 | 0.89 | 2.4 | 26.0 | 33.5 | 7.8 | 17.7 |
| MRS BECTORS FOOD SPE LTD | 6,379 | 21.7 | 5.02 | 22.4 | 11.1 | 13.1 | 18.3 | 14.7 |
| ADF FOODS LIMITED | 3,165 | 34.4 | 5.53 | 21.6 | 15.7 | 18.8 | 13.1 | 18.4 |
| GOPAL SNACKS LIMITED | 3,117 | 37.1 | 6.51 | — | 15.4 | 19.4 | — | 7.6 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 93.8 | 30.2 | 34 of 38 | 11% |
| P/B | 1.9 | 2.8 | 15 of 34 | 58% |
| ROCE | 2.8 | 7.4 | 27 of 40 | 33% |
| ROE | 2.1 | 7.7 | 28 of 34 | 18% |
| Debt / Equity | 0.2 | 0.1 | 19 of 33 | 44% |
| EBITDA margin | 14.6 | 9.9 | 10 of 33 | 72% |
| Revenue growth | (21.5) | 14.1 | 30 of 36 | 17% |
| Profit growth | 410.7 | 14.1 | 4 of 33 | 91% |
| Market cap | 54 | 97 | 25 of 43 | 43% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Oct 2026 · Independent Director Mr Bal Krishna Bhalotia passes away | management changes | high | — | — |
| 25 Sept 2026 · Trading window closed from Oct 1 till 48 hours after Q2 FY26 results | compliance | minimal | — | — |
| 21 Sept 2026 · Reminder to physical shareholders for KYC details updation | compliance | minimal | — | — |
| 26 Aug 2026 · Shareholders approve Whole-time Director appointment at 42nd AGM | management changes | medium | — | — |
| 26 Aug 2026 · 42nd AGM voting results: all four resolutions passed with 100% support | compliance | minimal | — | — |
| 25 Aug 2026 · Summary of 42nd AGM proceedings held on Aug 25, 2026 | board shareholder meetings | low | — | — |
| 14 Aug 2026 · Ceeta Industries publishes Q1 FY27 results in newspapers | compliance | minimal | — | — |
| 13 Aug 2026 · Ceeta Industries Q1 FY27 PAT up 49% YoY despite revenue dip | results | high | — | — |
| 13 Aug 2026 · Ceeta Industries Q1 FY27 Results: PAT up 49%, Revenue down about 20% YoY | results | high | — | — |
| 5 Aug 2026 · Board meeting on Aug 13 to consider Q1 FY26 unaudited results | results | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.