Manufactures and sells chocolates and cocoa products as a single business segment. In FY26, the company generated Rs 579.55 crore of revenue at a 3.69% EBITDA margin, with raw materials forming its dominant input at 52.5% of revenue, followed by other operating expenses at 8.2% and employee costs at 5.9%. In Q1 FY27 (quarter ended June 30, 2026), revenue from operations fell 42% year-on-year to Rs 91.95 crore and profit after tax collapsed to Rs 2 lakh from Rs 2.99 crore, with a clean review given by auditor Deloitte Haskins and Sells. Listed only on BSE (scrip code 523475) with a registered office in Hyderabad, the company recently appointed a new CFO, Piyush Goyal (formerly of Mondelez, Hindustan Coca-Cola, HUL, ITC and Zydus Wellness), and a Non-Executive Director, Mohammed Rafathullah (with FMCG experience at Gandour Chocolates, Dukes Biscuits, Heinz India and GlaxoSmithKline). AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Chocolates and cocoa products (100%). Single-segment, low-margin packaged foods manufacturer in chocolates and cocoa products
| ₹ crore · consolidated | FY24 |
|---|---|
| Revenue | 198 |
| EBITDA (ex other income) | 3 |
| margin % | 1.4 |
| Owners' profit | 2 |
| EPS, as reported (₹) | 1.25 |
| ROE % · ROCE % | 4.4 · 6.1 |
| Debt / equity (x) | 0.14 |
| Cash from operations | (21) |
| Capex | (17) |
| ₹ crore | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 |
|---|---|---|---|---|---|
| Revenue | 32 | 48 | 52 | 66 | 141 |
| Profit before tax | 0 | 0 | 1 | 1 | 10 |
| Net profit | 0 | (0) | 0 | 1 | 9 |
| EPS (₹) | 0.15 | (0.11) | 0.22 | 0.92 | 7.33 |
| 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 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 4 Sept 2026 · Lotus Chocolate files newspaper clippings for 37th AGM notice | compliance | minimal | — | — |
| 3 Sept 2026 · Notice of 37th AGM and Annual Report for FY2025-26 sent to shareholders | board shareholder meetings | medium | — | — |
| 3 Sept 2026 · Lotus Chocolate FY26 Annual Report and 37th AGM Notice filed | board shareholder meetings | medium | — | — |
| 1 Sept 2026 · Newspaper clippings of 37th AGM notice filed with BSE | compliance | minimal | — | — |
| 31 Aug 2026 · 37th AGM on September 25, 2026 via video conferencing; cut-off date September 18, 2026 | board shareholder meetings | low | — | — |
| 26 Aug 2026 · Newspaper ad for special window on physical share demat | compliance | minimal | — | — |
| 15 Jul 2026 · Lotus Chocolate Q1 FY27 - Revenue Drops 42% YoY | results | high | — | — |
| 15 Jul 2026 · Lotus Chocolate Q1 FY27: Revenue drops 42% YoY, profit near zero | results | high | — | — |
| 13 Jul 2026 · Compliance certificate filed for quarter ended June 2026 | compliance | minimal | — | — |
| 8 Jul 2026 · Lotus Chocolate board to consider Q1 FY27 results on July 15 | board shareholder meetings | low | — | — |
| 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 |
| 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) | 71.3 | 31.1 | 32 of 40 | 21% |
| P/B | 19.6 | 3.0 | 32 of 34 | 6% |
| ROCE | 4.4 | 7.0 | 25 of 41 | 40% |
| ROE | 4.4 | 7.7 | 22 of 36 | 40% |
| Debt / Equity | 0.1 | 0.1 | 20 of 36 | 46% |
| EBITDA margin | 8.0 | 9.9 | 20 of 33 | 41% |
| Revenue growth | 337.4 | 14.1 | 3 of 36 | 94% |
| Profit growth | 4698.4 | 14.1 | 1 of 33 | 100% |
| Market cap | 765 | 91 | 11 of 43 | 76% |
| 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 |
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.
