Sells packaged spices and convenience foods under three brands — MTR, Eastern and Rasoi Magic — to Indian households through general trade, modern retail and digital channels, and exports to 45 countries. The spices business accounts for around 66% of revenue and grew 6.1% in FY26, with domestic growth (excluding Kerala) at 11.1%. The remaining roughly a third comes from convenience foods, including ready-to-eat mixes, breakfast products and the newly launched Protein Breakfast Range with plant-based protein. International sales contributed 21% of revenue, with GCC markets growing 11.8% despite West Asia freight headwinds. The portfolio is distributed across roughly 679,000 retail outlets in India, with digital commerce now 8.7% of domestic revenue after 38% YoY growth. Raw materials, chiefly spice commodities like chili and coriander, are the largest input cost at 44.2% of revenue; an Eastern distribution restructuring in Kerala is targeted for completion by January 2027. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Spices (66%), Convenience foods and other (34%), International business (21%). Branded packaged foods business selling spices and convenience foods, with rising digital commerce and ongoing distribution restructuring.
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 2,509 |
| EBITDA (ex other income) | 402 |
| margin % | 16.0 |
| Owners' profit | 286 |
| EPS, as reported (₹) | 20.85 |
| ROE % · ROCE % | 10.4 · 13.3 |
| Debt / equity (x) | 0.00 |
| Cash from operations | 261 |
| Capex | (22) |
| ₹ crore | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|
| Revenue | 650 | 636 | 626 | 659 |
| Profit before tax | 102 | 76 | 98 | 117 |
| Net profit | 77 | 57 | 73 | 88 |
| EPS (₹) | 5.60 | 4.14 | 5.36 | 6.40 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| EID PARRY INDIA LTD | 12,861 | 27.7 | 0.86 | 4.4 | 9.3 | 13.1 | 15.7 | 8.7 |
| MANORAMA INDUSTRIES LTD | 12,300 | 47.9 | 18.03 | 34.0 | 33.0 | 42.4 | — | 30.3 |
| ORKLA INDIA LIMITED ◆ | 8,048 | 27.3 | 2.93 | 18.1 | 10.4 | 13.1 | — | 19.9 |
| KRISHIVAL FOODS LIMITED | 963 | 40.6 | 4.82 | 24.9 | 11.1 | 13.1 | — | 13.0 |
| APIS INDIA LTD. | 716 | 2.8 | 3.60 | 18.7 | 12.7 | 15.5 | 7.4 | 11.9 |
| Pajson Agro India Limited | 502 | 38.6 | — | — | — | 24.0 | — | — |
| MEGASTAR FOODS LIMITED |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 20 Aug 2026 · All 6 resolutions passed at Orkla India 30th AGM held on Aug 19, 2026 | board shareholder meetings | low | — | — |
| 19 Aug 2026 · Orkla India holds 30th AGM, first as listed firm; 6 resolutions voted on | board shareholder meetings | low | — | — |
| 17 Aug 2026 · MTR launches four new North Karnataka regional food products | compliance | low | — | — |
| 10 Aug 2026 · Orkla India Q1 FY27 results: 11.5% revenue growth, 17.5% EBITDA margin | investor communications | medium | — | — |
| 5 Aug 2026 · Orkla India Q1 FY27 results published in newspapers; PAT up 11% | compliance | minimal | — | — |
| 4 Aug 2026 · Link of Audio Recording of Q1 FY27 Earnings Call | investor communications | low | — | — |
| 4 Aug 2026 · Orkla India Q1 FY27: revenue up 10.4% to Rs 659 cr, first double-digit growth in 8 quarters | compliance | low | — | — |
| 4 Aug 2026 · Orkla India Q1 FY27 results: revenue up 10.4% YoY, EBITDA margin at 17.5% | investor communications | medium | — | — |
| 4 Aug 2026 · Orkla India Q1 FY27 results: revenue up 10%, PAT grows 11% YoY | results | high | — | — |
| 27 Jul 2026 · Notice of 30th AGM and e-voting details published in newspapers | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 311 |
| 31.5 |
| 3.02 |
| 12.3 |
| 9.0 |
| 7.5 |
| 26.4 |
| 5.8 |
| Wardwizard Foods and Beverages | 237 | 40.1 | 2.91 | — | 1.6 | 0.6 | — | 13.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 27.3 | 17.9 | 18 of 28 | 37% |
| P/B | 2.9 | 1.8 | 14 of 19 | 28% |
| ROCE | 13.1 | 12.1 | 14 of 31 | 57% |
| ROE | 10.4 | 5.1 | 7 of 23 | 73% |
| Debt / Equity | 0.0 | 0.4 | 3 of 23 | 82% |
| EBITDA margin | 19.9 | 8.7 | 3 of 21 | 90% |
| Market cap | 8048 | 118 | 3 of 29 | 93% |
| 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 |
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.
