ADF Foods Ltd.

Financial

	ADF Foods	Tasty Bite Eatables	Flex Foods
Operational Metrics
Unclassified
Advertisement Spend as a % of Total Sales	4.92 %	0.05 %	n/a
Financials
5 yr Average ROE	16.27 %	16.81 %	5.68 %
5yr average Equity Multiplier	1.25	1.91	2.16
5yr Average Asset Turnover Ratio	1.03	1.14	0.51
5yr Avg Net Profit Margin	12.67 %	7.57 %	6.46 %
Price to Book	5.65	11.0	1.77
P/E	37.83	63.64	0.0
5yr Avg Cash Conversion Cycle	66.81 Days	23.02 Days	-69.27 Days
Inventory Days	57.4 Days	55.51 Days	82.26 Days
Days Receivable	66.96 Days	43.14 Days	88.87 Days
Days Payable	56.54 Days	69.21 Days	144.76 Days
5yr Average Interest Coverage Ratio	42.31	10.89	4.44
5yr Avg ROCE	21.42 %	19.77 %	8.67 %
5yr Avg Operating Profit Margin	19.75 %	16.84 %	18.05 %
5 yr average Debt to Equity	0.03	0.37	0.85
5yr CAGR Net Profit	17.24 %	0.1 %	n/a
5yr Average Return on Assets	13.04 %	8.98 %	4.21 %
Shareholdings
Promoter Holding	36.25 %	74.23 %	59.85 %
Share Pledged by Promoters	7.72 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	4.83 %	0.0	0.17 %
Change in Mutual Fund Holding (3 Yrs)	0.0	-0.51 %	0.0

Business

	ADF Foods	Tasty Bite Eatables	Flex Foods
Product Wise Break-Up	Product Wise Break-Up Frozen Foods 42.0 Meal Accompaniments 34.0 Can Food & Ready To Eat 8.0 Process and Preserved foods 0 Frozen Formed Products And Sauces 0 Ready-To-Heat 0 0 Others 16.0	Product Wise Break-Up Can Food & Ready To Eat 0 Frozen Formed Products And Sauces 29.4 0 Frozen Foods 0 Ready-To-Heat 70.6 Meal Accompaniments 0 Process and Preserved foods 0	Product Wise Break-Up Can Food & Ready To Eat 0 Frozen Formed Products And Sauces 0 Supply of Frozen / IQF, Air Dried, Canned as well as Freeze Dried products 100.0 Frozen Foods 0 Ready-To-Heat 0 Meal Accompaniments 0 Process and Preserved foods 0
Segment Break-Up	Segment Break-Up Process & Preserved Food 81.99 Distribution 18.01	-	-
Location Wise Break-Up	Location Wise Break-Up Rest of the World 99.0 India 1.0 USA 0 Asia 0 Australia 0 Europe 0 India(Domestic) 0	Location Wise Break-Up Australia 0 Asia 0 India(Domestic) 0 Rest of the World 72.35 Europe 0 India 27.65 USA 0	Location Wise Break-Up Australia 0.88 Asia 2.06 India 22.69 Rest of the World 0 Europe 61.32 India 0 USA 13.05
Operating Profit Break-Up	Operating Profit Break-Up Process & Preserved Food 93.8 Agency Distribution Business 6.2	-	-
Asset Break-Up	Asset Break-Up Process & Preserved Food 54.17 Agency Distribution Business 23.55 Others 22.28	-	-