Grows and sells fruits and vegetables as a single-segment farming business based in Ahmedabad. Revenue from operations for FY26 was Rs 331.75 lakhs, against Rs 334.37 lakhs in FY25, with total income of Rs 358.08 lakhs. Profit after tax grew about 16% to Rs 201.56 lakhs from Rs 173.82 lakhs, supported by a fall in total expenditure from Rs 176.26 lakhs to Rs 149.68 lakhs. The biggest cost line is employee costs at 18.2% of revenue, followed by other operating expenses at 12.4% and materials at 9.8%, with capex at 3.3% of revenue. The company is debt-free, listed on the BSE SME platform, and raised Rs 639.47 lakhs via an IPO in May 2024, of which Rs 318.52 lakhs had been deployed as of March 2026. Cash and cash equivalents stood at Rs 459.23 lakhs at the end of September 2025, with reserves and surplus of Rs 917.38 lakhs. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Fruits & vegetables farming (100%). Small, single-segment agricultural producer
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 2 | 3 | 3 |
| EBITDA (ex other income) | — | — | — |
| margin % | — | — | — |
| Owners' profit | — | — | — |
| EPS, as reported (₹) | 3.54 | 6.72 | 7.79 |
| ROE % · ROCE % | — · 26.2 | — · 17.1 | — · 16.5 |
| Debt / equity (x) | — | — | — |
| Cash from operations | 1 | 1 | 2 |
| Capex | — | (0) | (0) |
| ₹ crore | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 2 | 2 | 1 | 2 | 2 |
| Profit before tax | 1 | 1 | 1 | 1 | 1 |
| Net profit | — | — | — | — | — |
| EPS (₹) | 3.54 | 3.76 | 2.96 | 4.08 | 3.71 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| LT FOODS LIMITED | 15,244 | 23.8 | 3.37 | 12.9 | 13.8 | 16.0 | 18.7 | 11.5 |
| KRBL LIMITED | 9,630 | 12.7 | 1.66 | 10.0 | 11.2 | 14.7 | 8.8 | 24.9 |
| GUJARAT AMBUJA EXPORTS LT | 7,486 | 18.0 | 2.27 | 13.9 | 9.2 | 11.7 | 4.0 | 17.0 |
| KAVERI SEED CO. LTD. | 3,703 | 15.0 | 2.11 | 10.0 | 16.9 | 17.0 | 6.1 | 40.1 |
| TRUALT BIOENERGY LIMITED | 3,550 | 25.3 | 2.25 | 13.6 | 6.1 | 4.8 | — | 23.5 |
| SANSTAR LIMITED | 2,207 | 65.6 | — | — | — | — | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 31 Aug 2026 · Letter to shareholders regarding 3rd AGM and FY26 Annual Report | compliance | low | — | — |
| 28 Aug 2026 · Newspaper ad for 3rd AGM and e-voting information | compliance | minimal | — | — |
| 27 Aug 2026 · TGIF Agribusiness FY2025-26 Annual Report and AGM Notice | results | medium | — | — |
| 27 Aug 2026 · TGIF Agribusiness 3rd AGM on September 25, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 26 Aug 2026 · Third AGM set for September 25 via video conference | compliance | minimal | — | — |
| 25 Aug 2026 · 3rd AGM scheduled for September 25, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Board approves FY26 Annual Report, fixes AGM on 25 Sept 2026 | board shareholder meetings | low | — | — |
| 20 Aug 2026 · Board meeting on 25 Aug 2026 to approve Annual Report and AGM notice | board shareholder meetings | low | — | — |
| 13 Jul 2026 · Routine compliance filing for Q1 FY27 demat holding confirmation | compliance | minimal | — | — |
| 28 May 2026 · Appointment of Internal Auditor of Company | management changes | medium | — | — |
| 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 |
| 8.8 |
| AMIR CHAND JAG KUM (E) L | 2,131 | 20.4 | 2.31 | 12.6 | 11.2 | 14.8 | — | 9.5 |
| GRM OVERSEAS LIMITED | 1,747 | 13.3 | 2.88 | 16.4 | 12.3 | 16.5 | 17.2 | 8.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.2 | 12.0 | 21 of 65 | 69% |
| ROCE | 16.4 | 4.4 | 15 of 68 | 79% |
| Revenue growth | 3.7 | 10.3 | 30 of 51 | 42% |
| Market cap | 27 | 69 | 48 of 69 | 31% |
| 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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