A packaged foods company in India's FMCG sector, operating under the Gujjubhai brand (formerly Sumuka Agro Industries). The business sells snacks, with stated strategic plans to scale healthy and millet-based products and expand pan-India distribution. FY26 revenue was Rs 127.07 crore, up 103.98% YoY from FY25, with net profit of Rs 5.18 crore, a net margin of 4.08%, EBITDA margin of 6.06%, and ROCE of 17.04%. The company absorbed Gujjubhai Foods Private Limited during FY26 following NCLT approval in February 2026, lifting promoter holding from 27.71% to 63.75% and increasing paid-up capital to Rs 20.92 crore. It availed cash credit and term loan facilities totalling Rs 24.17 crore from Axis Bank and increased its SBI cash credit limit to Rs 5.93 crore. Reported FY26 cost items in the pack are employee cost at 0.8% of revenue, other operating expenses at 0.7%, and depreciation at 0.4%. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Packaged foods and snacks. Growth-stage packaged snacks business with very high recent revenue growth
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 28 | 55 | 62 | 127 |
| EBITDA (ex other income) | 0 | 3 | 6 | 4 | 8 |
| margin % | 24.1 | 11.2 | 10.1 | 6.4 | 6.1 |
| Owners' profit | 0 | 2 | 4 | 3 | 5 |
| EPS, as reported (₹) | 0.86 | 3.26 | 5.99 | 3.85 | 2.48 |
| ROE % · ROCE % | 13.1 · 10.1 | 25.3 · 32.1 | 31.7 · 37.1 | 16.9 · 22.2 | 12.8 · 17.0 |
| Debt / equity (x) | 0.34 | 0.06 | 0.04 | 0.28 | 0.16 |
| Cash from operations | (0) | (3) | (2) | (4) | (1) |
| Capex | (0) | (0) | (0) | 0 | (0) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 15 | 17 | 18 | 20 | 21 | 21 | 40 |
| Profit before tax | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Net profit | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| EPS (₹) | 1.65 | 0.90 | 1.00 | 0.95 | 1.16 | 1.05 | 1.08 | 0.85 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| NESTLE INDIA LIMITED | 2,66,742 | 70.0 | 51.72 | 48.5 | 67.9 | 54.7 | — | 24.4 |
| BRITANNIA INDUSTRIES LTD | 1,19,535 | 45.9 | 23.27 | 32.0 | 49.4 | 59.8 | 7.8 | 18.0 |
| ZYDUS WELLNESS LIMITED | 17,452 | 92.7 | 3.00 | 43.2 | 3.4 | 2.4 | 16.2 | 17.1 |
| BIKAJI FOODS INTERN LTD | 13,784 | 53.3 | 8.07 | 30.5 | 14.9 | 18.3 | — | 15.3 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Chairman and MD Paresh Thakker resigns; updated disclosure filed | management changes | high | — | — |
| 11 Sept 2026 · Updated disclosure on director Bhavin Mehta's resignation | management changes | high | — | — |
| 10 Sept 2026 · Newspaper publication of 37th AGM notice | compliance | minimal | — | — |
| 10 Sept 2026 · Promoter group to acquire 0.94% stake via preferential allotment | ownership changes | high | — | — |
| 8 Sept 2026 · FY26 Annual Report and AGM Notice with acquisition and share swap | compliance | minimal | — | — |
| 6 Sept 2026 · Ms. Shaili Vijaybhai Patel appointed as Additional Whole-time Director | management changes | medium | — | — |
| 5 Sept 2026 · Board to consider acquisition of Cafe Gujjubhai Private Limited on Sept 7 | strategic transactions | medium | — | — |
| 14 Aug 2026 · Newspaper publication of Q1 FY27 standalone unaudited results | compliance | minimal | — | — |
| 12 Aug 2026 · Q1 FY27 results: revenue up about 71 percent, PAT up about 39 percent YoY | results | medium | — | — |
| 11 Aug 2026 · MD Mr. Paresh Thakker resigns from Gujjubhai Industries | management changes | critical | — | — |
| 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 |
| BOMBAY BURMAH TRADING COR |
| 9,974 |
| 7.7 |
| 1.04 |
| 2.8 |
| 26.0 |
| 33.5 |
| 7.8 |
| 17.7 |
| MRS BECTORS FOOD SPE LTD | 7,452 | 25.3 | 5.86 | 26.1 | 11.1 | 13.1 | 18.3 | 14.7 |
| GOPAL SNACKS LIMITED | 3,225 | 38.4 | 6.74 | — | 15.4 | 19.4 | — | 7.6 |
| ADF FOODS LIMITED | 2,968 | 32.3 | 5.19 | 20.2 | 15.7 | 18.8 | 13.1 | 18.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 25.1 | 31.1 | 16 of 40 | 62% |
| P/B | 5.4 | 3.0 | 24 of 34 | 30% |
| ROCE | 15.6 | 7.0 | 13 of 41 | 70% |
| ROE | 12.8 | 7.7 | 13 of 36 | 66% |
| Debt / Equity | 0.2 | 0.1 | 21 of 36 | 43% |
| EBITDA margin | 8.8 | 9.9 | 18 of 33 | 47% |
| Revenue growth | 126.3 | 14.1 | 4 of 36 | 91% |
| Profit growth | 165.0 | 14.1 | 8 of 33 | 78% |
| Market cap | 218 | 91 | 19 of 43 | 57% |
| 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 |
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