Processed fruit and agro products in the Fast Moving Consumer Goods food products space, selling processed fruit products. The business has been under the Corporate Insolvency Resolution Process (CIRP) since an NCLT order dated 13 August 2024, and operations are currently discontinued. The property, plant and equipment have been sold by Edelweiss Asset Reconstruction Company, with filings noting that no operating assets remain in the company. A resolution plan was approved by the Committee of Creditors on 4 February 2025 and filed with NCLT Mumbai, where tribunal approval is still pending. The Board of Directors' powers are suspended, with a Resolution Professional handling regulatory filings. Audited FY26 results showed total income from operations of Rs. 417.37 lakh and net profit after tax of Rs. 46.95 lakh, while subsequent quarterly filings for Q1, Q2 and Q3 FY26 report zero income from operations. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Fruit and agro processing. Insolvent, non-operating food processing company under CIRP with no remaining operating assets
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | 0 | 0 | 0 | 0 | 0 |
| margin % | — | — | — | — | — |
| Owners' profit | (0) | (0) | (0) | (0) | (0) |
| EPS, as reported (₹) | (0.06) | 0.00 | (0.08) | 0.21 | 0.07 |
| ROE % · ROCE % | 0.1 · 0.0 | 0.1 · 0.0 | 0.2 · 0.0 | 0.5 · 0.0 | 0.2 · 0.0 |
| Debt / equity (x) | (0.76) | (0.76) | (0.76) | (0.76) | (0.76) |
| Cash from operations | (0) | (0) | (0) | 1 | (0) |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | (0) | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
| EPS (₹) | (0.10) | (0.04) | 0.05 | 0.40 | 0.00 | 0.01 | 0.02 | 0.02 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Notice of 32nd AGM on September 30, 2026 via video conferencing | compliance | minimal | — | — |
| 5 Sept 2026 · Annual Report FY26 submitted; company under CIRP awaiting NCLT nod | compliance | minimal | — | — |
| 5 Sept 2026 · Notice of 32nd AGM on 30 Sep 2026 via video conferencing | board shareholder meetings | low | — | — |
| 4 Sept 2026 · AGM time changed from 4:00 PM to 11:00 AM on 30 Sep 2026 | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Tricom Fruit Products 32nd AGM on Sept 30; book closure Sept 24 to 30 | compliance | minimal | — | — |
| 12 Aug 2026 · Q1 FY27 results published; signed by Resolution Professional | compliance | minimal | — | — |
| 11 Aug 2026 · CIRP update: CoC approves Q1 FY27 results, AGM on 30 Sept | regulatory legal | high | — | — |
| 5 Aug 2026 · Committee of Creditors meeting on Aug 11 for Q1 results | results | medium | — | — |
| 8 Jul 2026 · Routine compliance certificate filed for quarter ended June 2026 | compliance | minimal | — | — |
| 30 Jun 2026 · Trading window closure ahead of Q1 FY27 results | compliance | minimal | — | — |
| 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 |
| 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 | 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) | 24.6 | 17.9 | 16 of 28 | 44% |
| ROCE | 0.0 | 12.1 | 28 of 31 | 10% |
| ROE | 0.2 | 5.1 | 18 of 23 | 23% |
| Debt / Equity | (0.8) | 0.4 | 2 of 23 | 96% |
| Profit growth | 40.4 | 32.7 | 9 of 20 | 58% |
| Market cap | 2 | 118 | 29 of 29 | 0% |
| 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.
