Shah Foods Ltd

BSE: SHAHFOOD519031ISIN INE455D01012

Fast Moving Consumer Goods
Packaged Foods

Share price

₹335.60-17.40 (-4.93%)

as of 16 Oct 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹439.00
52W low: ₹97.55
Off 52W high: -23.55%
1M return: -15.89%
3M return: -12.59%
6M return: +107.10%
1Y return: +198.31%
20D avg volume: 484
50 DMA: ₹369.98
200 DMA: —

Key ratios Consolidated

Market cap: ₹782.45 Cr
Current price: ₹335.60
52W high / low: ₹439.00 / ₹97.55
Face value: ₹10.00
P/E: 0.00
P/B: 4.42
EPS (TTM): ₹0.00
Book value / share: ₹75.84
ROE: —
ROCE: 2.50%
Operating margin: —
Net margin: —
Debt / equity: 0.33
Net debt: ₹27.53 Cr
Interest cover: 115.50
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 5,861.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q4 FY25
Income statement
	65.08	3.98	—
	3.21	4.87	—
	68.29	8.85	—
	54.62	4.16	—
	0.00	0.00	—
	58.33	3.94	—
	0.88	0.28	—
	1.33	0.04	—
	0.07	0.01	—
	3.48	0.33	—
	13.67	4.69	—
	0.00	0.00	—
	13.67	4.69	—
	3.39	1.29	—
	10.28	3.40	—
	4.40	1.46	—
Key metrics
	15.07	4.74	—
	23.20%	119.10%	—
	15.80%	85.40%	—
	—	2.60%	—

Metric	FY26	FY25
Income statement
	3.98	—
	4.87	—
	8.85	—
	4.27	—
	0.00	—
	3.94	—
	0.31	—
	0.04	—
	0.01	—
	0.41	—
	4.58	—
	0.00	—
	4.58	—
	1.29	—
	3.29	—
	1.41	—
Key metrics
	4.63	—
	116.30%	—
	82.70%	—
	2.50%	—
	-64.50	—
	-16.50	—
	0.33	—
	27.53	—
	5,861.2	—
Balance sheet
	270.82	—
	130.73	—
	30.15	—
	86.42	—
	0.44	—
	10.48	—
	3.08	—
	22.95	—
	88.02	—
	57.68	—
	52.72	—
	4.96	—
	176.83	—
Cash flow
	-54.29	—
	-147.78	—
	232.22	—
	10.21	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	0.00	0.00	0.00	0.00	0.00	2.30	0.52	0.89	0.08	—	—	—
	0.02	0.01	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.02	0.01	0.00	0.00	0.00	2.30	0.52	0.89	0.08	—	—	—
	0.01	0.11	0.05	0.01	0.05	2.12	0.54	0.86	0.15	0.09	0.03	0.07
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	2.09	0.50	0.84	0.08	—	—	—
	0.00	0.01	0.02	0.00	0.00	0.01	0.01	0.00	—	0.00	0.01	0.01
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.01	0.09	0.03	0.01	0.05	0.02	—	0.02	0.07	0.09	—	0.06
	0.00	-0.10	-0.05	-0.01	-0.05	0.17	-0.02	0.03	-0.07	-0.09	-0.02	-0.07
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	-0.10	-0.05	-0.01	-0.05	0.17	-0.02	0.03	-0.07	-0.09	-0.02	-0.07
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	-0.10	-0.05	-0.01	-0.05	0.17	-0.02	0.03	-0.07	-0.09	-0.02	-0.07
	0.00	-0.04	-0.83	-0.11	-0.87	2.88	-0.34	0.43	-1.16	-1.52	-0.41	-1.16
Key metrics
	0.00	-0.10	-0.05	-0.01	-0.05	0.17	-0.02	0.03	-0.07	-0.09	-0.02	-0.07
	—	—	—	—	—	7.40%	-3.80%	3.40%	-87.50%	—	—	—
	—	—	—	—	—	7.40%	-3.80%	3.40%	-87.50%	—	—	—
	—	-0.10%	—	-1.80%	—	23.30%	—	—	—	—	—	—
	—	-100.00%	-100.00%	-100.00%	-100.00%	—	—	—	—	—	—	—
	100.00%	-158.80%	-150.00%	-133.30%	28.60%	288.90%	0.00%	142.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	0.00	0.00	3.78	—	—	—
	0.03	0.01	0.00	0.00	0.06	0.00
	0.03	0.01	3.78	0.00	0.06	0.00
	0.18	0.21	3.67	0.22	0.27	0.28
	0.00	0.00	0.00	—	—	—
	0.00	0.00	3.51	—	—	—
	0.03	0.03	0.03	0.03	0.12	0.12
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	—	—	0.00
	0.14	0.18	0.14	0.19	0.15	0.15
	-0.16	-0.21	0.11	-0.22	-0.21	-0.27
	0.00	0.00	0.00	—	—	—
	-0.16	-0.21	0.11	-0.22	-0.21	-0.27
	0.00	0.00	0.00	—	—	—
	-0.16	-0.21	0.11	-0.22	-0.21	-0.27
	-0.98	-0.09	1.81	-3.67	-3.45	-4.59
Key metrics
	-0.16	-0.21	0.11	-0.22	-0.21	-0.27
	-533.33%	—	2.90%	—	-350.00%	—
	-533.33%	—	2.90%	—	-350.00%	—
	—	-0.10%	15.10%	—	—	—
	-100.00%	-100.00%	—	-100.00%	—	—
	-223.08%	-290.90%	150.00%	-4.80%	22.20%	—
	—	3.26	-0.18	—	—	—
	—	-15.52	-1.64	—	—	—
	—	0.00	-2.27	—	—	—
	—	-3.61	1.22	—	—	—
	—	—	45.4	—	—	—
Balance sheet
	—	178.75	2.89	—	—	—
	—	5.08	2.80	—	—	—
	—	3.61	0.05	—	—	—
	—	0.00	2.31	—	—	—
	—	0.00	0.00	—	—	—
	—	0.46	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.02	1.84	—	—	—
	—	4.34	2.16	—	—	—
	—	0.00	1.27	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	1.27	—	—	—
	—	173.38	-0.56	—	—	—
Cash flow
	—	3.26	-0.18	—	—	—
	—	-173.57	0.00	—	—	—
	—	173.88	0.22	—	—	—
	—	0.00	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -44.97%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -100.00%
Profit YoY (TTM): -223.08%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 1.25%

Holder	Type	Holding	Previous	Change
Anuj Jalan held in demat escrow account	Public	17.72%	—	—
Ankit Jalan held in demat escrow account	Public	17.25%	—	—
JALAN SAREES PRIVATE LIMITED	Public	9.74%	—	—
Ritu Jalan held in demat escrow account	Public	7.94%	—	—
Daivik Jalan held in demat escrow account	Public	6.52%	—	—
Roopal Hitesh Kawa	Public	3.86%	—	—
Jitendra Rasiklal Sanghavi	Public	3.86%	—	—
Prachi Jalan held in demat escrow account	Public	2.28%	—	—
Ankit Jalan HUF held in demat escrow account	Public	2.27%	—	—
Anuj Jalan HUF held in demat escrow account	Public	2.25%	—	—
Radhika Jalan held in demat escrow account	Public	2.17%	—	—
Hitesh Natwarlal Kawa	Public	1.43%	—	—
Nimesh Sahadeo Singh	Public	1.36%	—	—
Kaushik Hasmukhlal Gandhi	Public	1.36%	—	—
Bijal Kaushik Gandhi	Public	1.29%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Nestle India Ltd.	2,41,811	1,265.00	59.82	56.60%	+21.68% TTM	+38.17% TTM	-0.90%
Britannia Industries Ltd.	1,13,329	4,780.00	44.11	61.80%	+6.63% TTM	+19.02% TTM	-20.66%
Zydus Wellness Limited	16,384	512.40	86.62	3.40%	+66.27% TTM	-42.46% TTM	+8.96%
Bikaji Foods International Limited	11,686	473.60	46.50	19.20%	+13.81% TTM	+31.08% TTM	-35.47%
The Bombay Burmah Trading Corporation Ltd.	8,578	1,247.40	3.37	34.80%	+6.63% TTM	+16.13% TTM	-33.89%
Mrs. Bectors Food Specialities Limited	6,243	209.35	43.20	13.90%	+11.11% TTM	+7.27% TTM	-17.45%
Gopal Snacks Limited S	3,115	250.45	37.16	20.80%	+12.02% TTM	+3,120.86% TTM	-26.40%
ADF Foods Limited.	2,900	271.95	32.49	19.20%	+19.44% TTM	+31.18% TTM	+32.95%
Prataap Snacks Limited	2,494	1,065.00	—	—	+18.35% TTM	+596.91% TTM	+0.68%
Tasty Bite Eatables Ltd. S	2,335	9,347.65	66.72	14.00%	-1.18% TTM	-4.11% TTM	+4.73%
SUNDROP BRANDS LIMITED	2,304	620.00	83.62	1.80%	+47.24% TTM	+126.42% TTM	-18.46%
Shah Foods Ltd S	744	335.60	-4,794.29	-0.10%	-100.00% TTM	-223.08% TTM	+198.31%
Ganesh Consumer Products Limited S	696	162.50	14.47	17.10%	—	—	-43.25%
Lotus Chocolate Co. Ltd. S	693	555.60	—	23.60%	-28.80% TTM	-184.74% TTM	-45.27%
NURTURE WELL INDUSTRIES LIMITED	458	19.69	6.26	19.70%	+6.15% TTM	-6.56% TTM	-21.37%
EMROCK CORPORATION LIMITED S	369	229.90	294.74	5.30%	+187.80% TTM	-79.50% TTM	+242.27%
Foods & Inns Ltd.	343	47.19	14.21	13.70%	-20.40% TTM	-41.87% TTM	-42.46%
Mishtann Foods Limited	327	3.06	1.86	19.80%	-44.15% TTM	-48.65% TTM	-39.76%
Aveer Foods Limited S	248	553.00	68.36	10.70%	+25.31% TTM	+5.83% TTM	-20.65%
GUJJUBHAI INDUSTRIES LIMITED S	225	134.35	52.07	17.10%	+75.66% TTM	+90.14% TTM	-40.53%
CHATHA FOODS LIMITED	203	87.60	—	7.70%	—	—	-11.96%
Bambino Agro Industries Ltd S	186	233.35	19.05	16.80%	+4.16% TTM	+4.70% TTM	-2.57%
CRAZY SNACKS LIMITED	124	54.20	—	16.00%	—	—	—
AAYUSH WELLNESS LIMITED S	123	25.28	30.46	27.20%	+84.82% TTM	-4.92% TTM	-58.93%
GALAXY SUPERMARKET LIMITED S	103	20.14	167.83	-25.40%	+79.64% TTM	+212.96% TTM	-4.78%

Filings & corporate actions

Recent announcements

Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 201817 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform ....16 Oct 2026 · Board Meeting / Outcome of Board Meeting
Shah Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/10/2026 ,inter alia, to consider and approve 1. To consider and approve the establishment ....13 Oct 2026 · Board Meeting / Board Meeting
Pursuant to Regulation 30(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated ....1 Oct 2026 · Company Update / Change in Management
Voting Results and Consolidated Scrutinizer''s Report of the 44th Annual General Meeting of Tandhan Energies Limited (Formerly known as Shah Foods Limited) held on 30th September 2026, ....1 Oct 2026 · AGM/EGM / AGM
This is in furtherance to our earlier Intimation dated 30th September 2026, for Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015, for Appointment of Secretarial Auditor, ....1 Oct 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the shareholders of the Company at their 44th AGM held ....30 Sep 2026 · Company Update / Change in Management
Summary Proceedings of the 44th Annual General Meeting of Tandhan Energies Limited (Formerly known as Shah Foods Limited) held on 30th September, 202630 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 and 45 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Regulations'), we hereby inform ....29 Sep 2026 · Company Update / Change of Name
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Newspaper publication regarding dispatch of Corrigendum ....29 Sep 2026 · Company Update / Newspaper Publication
Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force) and in accordance ....25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
In furtherance to our earlier intimation dated 08th September, 2026, regarding the submission of the Notice of the 44th Annual General Meeting (''AGM'') of the Company, along with the Annual ....24 Sep 2026 · Company Update / Meeting Updates
In furtherance to our earlier intimation dated 08th September, 2026, regarding the submission of the Notice of the 44th Annual General Meeting ('AGM') of the Company, along with the Annual ....24 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Newspaper publication regarding dispatch of 44th ....10 Sep 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that ....10 Sep 2026 · Company Update / Change in Management
Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that ....10 Sep 2026 · Company Update / Resignation of Director
Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed the Annual Report for the FY 2025-26 ....8 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed the Annual Report for the FY 2025-26 ....8 Sep 2026 · Others / Reg. 34 (1) Annual Report
In furtherance to our intimation dated 01st September, 2026, and Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''Listing Regulations''), ....7 Sep 2026 · Company Update / General
In furtherance to our intimation dated 01st September, 2026, and Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), ....7 Sep 2026 · Board Meeting / Outcome of Board Meeting
Shah Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/09/2026 ,inter alia, to consider and approve Raising of funds, consider and approve ....1 Sep 2026 · Board Meeting / Board Meeting
This is in furtherance to our communication dated 15th July 2026 and 18th July 2026 wherein we had intimated about the Postal Ballot notice dated 15th July, 2026, for seeking approval of ....19 Aug 2026 · Company Update / Meeting Updates
This is in furtherance to our communication dated 15th July 2026 and 18th July 2026 wherein we had intimated about the Postal Ballot notice dated 15th July, 2026, for seeking approval of ....19 Aug 2026 · AGM/EGM / Postal Ballot
This is in furtherance to our communication dated 15th July 2026 and 18th July 2026 wherein we had intimated about the Postal Ballot notice dated 15th July, 2026, and pursuant to the Regulation ....19 Aug 2026 · AGM/EGM / Postal Ballot
Newspaper publication of Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30th June, 202617 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 162A of SEBI (Issue of Capital and Disclosure Requirements) ....14 Aug 2026 · Company Update / Monitoring Agency Report
Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 162A of SEBI (Issue of Capital and Disclosure Requirements) ....14 Aug 2026 · Company Update / Monitoring Agency Report
In furtherance to our intimation dated 11th August 2026, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform ....14 Aug 2026 · Company Update / General
The Board of Directors of Shah Foods Limited, at their meeting held today i.e. Friday, 14th August, 2026, has inter alia, considered, approved and took on record the Unaudited Standalone ....14 Aug 2026 · Result / Financial Results
The Board of Directors of Shah Foods Limited, at their meeting held today i.e. Friday, 14th August, 2026, has inter alia, considered, approved and took on record the Unaudited Standalone ....14 Aug 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 ....14 Aug 2026 · Company Update / Newspaper Publication
Shah Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of the ....11 Aug 2026 · Board Meeting / Board Meeting
Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') we are enclosing herewith the copies of advertisement ....20 Jul 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation to our intimation dated 15th ....18 Jul 2026 · Company Update / General
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation to our intimation dated 15th ....18 Jul 2026 · AGM/EGM / Postal Ballot
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation to our intimation dated 15th ....18 Jul 2026 · AGM/EGM / Postal Ballot
This is in furtherance to our earlier submission of the Outcome of Board Meeting of the Company held on Wednesday 15th July 2026, intimated to the Exchange(s) on the same day at 06: 33 ....18 Jul 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we hereby inform you that the Board of Directors of Shah ....15 Jul 2026 · Others / Outcome without intimation
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 201814 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors ....8 Jul 2026 · Company Update / General

Board meetings

14 Aug 2026 Board Meeting - Financial Results