NSE: KOHINOOR · BSE: 512559
KOHINOOR FOODS LIMITED
Classified under FMCG/Food Products, this company operated a rice processing plant at Murthal which it sold during FY26 for Rs 190 crore, with attached land sold separately for Rs 8 crore. FY26 consolidated revenue was Rs 147.6 crore, with materials making up 70.7% of revenue, employee costs 8.4%, other operating expenses 20.9% and depreciation 3.7%, while capex was 0.0% of revenue. The reported net profit of Rs 80.66 crore was largely an exceptional gain from the Murthal plant disposal, with management itself stating an operating loss before exceptional items. All subsidiaries are non-operational and 100% of bank borrowings, totalling Rs 45.14 crore, are reported in default, with the auditor flagging material uncertainty about the ability to continue as a going concern. A One-Time Settlement of Rs 227.45 crore has been fully paid to lenders. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Food products. FMCG food products entity whose rice plant was sold in FY26, with all bank borrowings reported in default
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 99 | 83 | 95 | 86 | 148 |
| EBITDA (ex other income) | (2) | 18 | 15 | 388 | 89 |
| margin % | (2.1) | 22.0 | 15.4 | 449.2 | 60.5 |
| Owners' profit | 0 | (4) | 0 | 0 | 81 |
| EPS, as reported (₹) | (1.67) | (1.10) | (1.27) | 98.35 | 21.75 |
| ROE % · ROCE % | 1.2 · 1.0 | 0.8 · (2.6) | 0.9 · (2.0) | (223.0) · (442.8) | (85.9) · 811.3 |
| Debt / equity (x) | (1.38) | (1.37) | (1.34) | (1.69) | (1.57) |
| Cash from operations | 79 | 22 | 28 | 439 | (65) |
| Capex | 0 | 0 | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 19 | 20 | 16 | 48 | 55 | 28 | 30 |
| Profit before tax | (0) | (8) | 381 | (2) | (1) | (4) | 96 | 2 |
| Net profit | (0) | (8) | 376 | (2) | (1) | (4) | 88 | 2 |
| EPS (₹) | (0.02) | (2.24) | 101.28 | (0.55) | (0.19) | (1.14) | 23.63 | 0.57 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| MANORAMA INDUSTRIES LTD | 11,681 | 45.5 | 17.13 | 33.3 | 33.0 | 42.4 | — | 26.3 |
| EID PARRY INDIA LTD | 11,377 | 24.5 | 0.76 | 3.8 | 9.3 | 13.1 | 15.7 | 8.3 |
| ORKLA INDIA LIMITED | 7,752 | 25.1 | 2.64 | 18.4 | 6.1 | 7.7 | — | 16.2 |
| KRISHIVAL FOODS LIMITED | 894 | 33.7 | 3.37 | 33.0 | 4.7 | 5.5 | — | 13.9 |
| Pajson Agro India Limited | 784 | 30.7 | — | — | — | — | — | 12.2 |
| APIS INDIA LTD. | 730 | 3.7 | 3.67 | 22.1 | 12.7 | 15.5 | 7.4 | 9.4 |
| MEGASTAR FOODS LIMITED | 334 | 27.3 | 3.11 | 13.1 | — | — | 26.4 | 5.9 |
| Chemkart India Limited | 278 | 6.4 | — | — | — | — | — | 14.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 1.2 | 24.5 | 1 of 25 | 100% |
| ROCE | 760.3 | 7.9 | 1 of 25 | 100% |
| EBITDA margin | 1.9 | 8.3 | 25 of 29 | 14% |
| Revenue growth | 81.8 | 1.6 | 4 of 20 | 84% |
| Profit growth | 202.4 | 33.1 | 3 of 22 | 91% |
| Market cap | 99 | 104 | 17 of 29 | 43% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 5 Nov 2026 · Board meeting set for 13 November 2026 financial results | results | low | — | — |
| 5 Nov 2026 · Board to review September 2026 quarter and half-year results | results | low | — | — |
| 13 Oct 2026 · Compliance certificate under SEBI Regulation 74(5) for quarter ended September 2025 | compliance | minimal | — | — |
| 1 Oct 2026 · AGM 2026: All 7 resolutions passed with 99.99 percent approval | board shareholder meetings | medium | — | — |
| 30 Sept 2026 · Proceedings of 37th AGM of Kohinoor Foods held on 30 September 2026 | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 37th AGM of Kohinoor Foods held on Sept 30, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 22 Sept 2026 · Completed OTS payment under Revive Plan; received No Dues from lenders | credit debt | high | — | — |
| 18 Sept 2026 · Trading Window closure from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 8 Sept 2026 · Intimation on duplicate share certificate issuance | compliance | minimal | — | — |
| 8 Sept 2026 · Kohinoor Foods 37th AGM notice with annual report for FY 2025-26 | board shareholder meetings | medium | — | — |
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.