Foods & Inns Ltd. (FOODSIN) AI Stock Analysis

• Market Cap: ₹3.97B
• Dividend Yield: 0.43%
• Average Volume (3M): 7.36K
• Price to Earnings (P/E): 296.9
• Beta (1Y): 0.91
• Revenue Growth: 11.46%
• EPS Growth: -0.46%
• Country: IN
• Employees: 546
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.06
• Shares Outstanding: 73,531,555
• 10 Day Avg. Volume: 10,435
• 30 Day Avg. Volume: 7,364
• PEG Ratio: -1.20
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.65
• P/FCF Ratio: -14.76
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 8.25
• Revenue Forecast (FY): ₹10.72B

• Rating: 54 Neutral
• Price Target: ₹60.00 ▼(-14.10% Downside)
• Action: Reiterated Date: 03/11/26
• Date: Action: Reiterated 03/11/26

The score is primarily supported by a reasonably solid balance sheet and acceptable operating performance, but it is held back by weak cash-flow quality (negative free cash flow) and clearly bearish technical trends. An extremely high P/E with a low dividend yield further pressures the overall attractiveness.

Positive Factors

B2B ingredient-focused business model

A B2B focus supplying fruit pulps and purees to food manufacturers creates recurring, volume-driven demand tied to customers' production needs. This input-supplier role supports steady order flow and contract leverage versus consumer retail volatility, aiding durable revenue visibility.

Improved balance sheet and leverage

An improved Debt-to-Equity and healthy equity ratio provide financial flexibility to fund working capital and selective capex without excessive refinancing risk. This stronger leverage profile enhances resilience to operational shocks and supports medium-term investment plans.

Historic revenue and EPS growth with moderate margins

Sustained revenue growth and stronger EPS trends, along with moderate gross and operating margins, indicate operational competence and improving unit economics. Stable margins combined with growth support reinvestment capacity and longer-term profitability if volatility is managed.

Negative Factors

Negative free cash flow

Persistent negative free cash flow from elevated capex undermines internal funding for expansion or dividends and increases reliance on external financing. Over months, weak FCF limits strategic flexibility and raises refinancing and liquidity risks if capex doesn't translate to higher cash returns.

Profitability and revenue inconsistency

Fluctuating revenue and net income create forecasting uncertainty and can impede consistent margin expansion. This inconsistency complicates capital allocation and may pressure margins during downturns, limiting the firm's ability to demonstrate stable earnings growth to stakeholders.

Exposure to commodity input cost volatility

Heavy reliance on raw fruit and vegetable procurement subjects margins to commodity price swings and yield variability. Structural input cost exposure can erode margins cyclically and force margin compression absent long-term hedging or pass-through pricing mechanisms.

Foods & Inns Ltd. Business Overview & Revenue Model

Company Description

Foods & Inns Ltd. is a holding company, which engages in the manufacture and export of a range of processed tropical fruits pulps and mango Concentrate. The firm offers its products through the following divisions: Aseptic, Canning, Spray Drying, and Organic. The company was founded on October 11, 1967 and is headquartered in Mumbai, India.

How the Company Makes Money

Foods & Inns makes money primarily by manufacturing and selling processed food products and ingredients. Its key revenue stream comes from B2B sales of processed fruit and vegetable ingredients (such as fruit pulps and purees) supplied to food and beverage companies that use them as inputs for juices, beverages, dairy products, confectionery, bakery, and other packaged foods. A secondary revenue stream comes from selling branded and/or packaged consumer products (such as canned and packaged fruits and vegetables) through retail and distribution channels, where margins depend on branding, packaging, and channel mix. Revenue is driven by volumes shipped and product mix (ingredient-grade versus consumer-packaged goods), as well as commodity-linked input costs (raw fruit/vegetable procurement), processing yields, and pricing negotiated with customers. Specific details on material partnerships, customer concentration, contract structure, or segment-level revenue split are null.

Foods & Inns Ltd. Financial Statement Overview

Summary

Financials are stable but mixed: income statement strength from prior revenue growth and moderate operating margins is offset by profitability volatility, while the balance sheet is relatively solid with improved leverage. The main कमजोरी is cash flow, with negative free cash flow in recent years and inconsistent operating cash generation due to high capex.

Income Statement

Foods & Inns Ltd. shows a mixed performance in its income statement. The company has experienced revenue growth over the years, with a notable increase from 2022 to 2023. However, the recent year witnessed a slight decline in total revenue. Gross profit margins are moderate, indicating reasonable cost management. EBIT and EBITDA margins suggest stable operational efficiency, but fluctuations in net income affect profitability consistency.

Balance Sheet

The balance sheet reveals a solid equity base with a Debt-to-Equity ratio that has improved over time, reflecting better leverage management. The Return on Equity (ROE) has been positive, though not particularly high, indicating efficient use of equity but with room for improvement. The equity ratio indicates a healthy balance between equity and total assets, providing a cushion against financial instability.

Cash Flow

Cash flow performance is challenging, with negative free cash flow in recent years primarily due to high capital expenditure. While operating cash flow has improved recently, it remains inconsistent, resulting in a weak cash flow to net income alignment. The company needs to enhance cash generation to support sustainable growth and financial flexibility.

Breakdown	TTM	Mar 2025	Mar 2023	Mar 2022	Mar 2021	Mar 2021
Income Statement
Total Revenue	10.15B	9.57B	10.20B	9.96B	6.31B	3.64B
Gross Profit	2.78B	2.91B	2.99B	2.95B	2.11B	1.15B
EBITDA	1.20B	1.19B	1.18B	1.09B	578.79M	343.16M
Net Income	314.84M	419.24M	367.20M	474.10M	152.91M	39.30M
Balance Sheet
Total Assets	14.31B	12.90B	10.27B	8.11B	5.74B	4.27B
Cash, Cash Equivalents and Short-Term Investments	224.12M	58.04M	238.83M	293.71M	28.31M	101.05M
Total Debt	4.82B	4.40B	4.69B	3.42B	2.23B	1.64B
Total Liabilities	8.86B	7.51B	6.29B	4.99B	3.77B	2.45B
Stockholders Equity	5.45B	5.39B	3.99B	3.12B	1.97B	1.82B
Cash Flow
Free Cash Flow	328.38M	-421.07M	-859.73M	-1.43B	-336.68M	-55.75M
Operating Cash Flow	519.45M	152.44M	-218.12M	-731.52M	154.89M	150.70M
Investing Cash Flow	-552.29M	-297.30M	-946.25M	-774.56M	-518.72M	-201.88M
Financing Cash Flow	171.70M	24.21M	603.67M	1.34B	286.02M	-100.15M

Foods & Inns Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 69.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FOODSIN, the sentiment is Negative. The current price of 69.85 is above the 20-day moving average (MA) of 57.47, above the 50-day MA of 62.13, and below the 200-day MA of 83.80, indicating a bearish trend. The MACD of -2.62 indicates Positive momentum. The RSI at 37.98 is Neutral, neither overbought nor oversold. The STOCH value of 30.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:FOODSIN.

Foods & Inns Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
APEX	64 Neutral	₹11.59B	21.59	―	0.72%	31.51%	378.33%
MAGADSUGAR	63 Neutral	₹6.08B	7.06	―	2.49%	8.96%	-19.55%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
KRISHIVAL	60 Neutral	₹8.22B	36.20	―	0.06%	97.10%	40.93%
DWARKESH	55 Neutral	₹6.90B	11.32	―	1.34%	11.15%	―
FOODSIN	54 Neutral	₹3.97B	296.89	―	0.43%	11.46%	-0.46%
SARVESHWAR	51 Neutral	₹3.91B	14.95	―	―	29.26%	46.09%