---
title: "Baba Food Processing India Ltd (BABAFP) — Share Price, Financials & Analysis"
symbol: "BABAFP"
company: "Baba Food Processing India Ltd"
canonical: "https://tapetide.com/stocks/BABAFP"
isin: "INE0QW501012"
nse_symbol: "BABAFP"
sector: "Food Products"
industry: "Food Products"
market_cap_cr: 36.9
generated_at: "2026-09-13T18:19:39.813Z"
---

# Baba Food Processing India Ltd (BABAFP)

Canonical page: https://tapetide.com/stocks/BABAFP

## Company

- **NSE Symbol:** BABAFP
- **ISIN:** INE0QW501012
- **Sector:** Food Products
- **Industry:** Food Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2023-11-15
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** babafood.in

## About

Incorporated in 2015, Baba Food Processing (India) Ltd is a Flour Miller and Branded Food Processor[1]

## Latest Price

- **Price:** ₹22.05
- **Change:** -0.5 (-2.22%)
- **Open:** ₹22.05
- **Day High:** ₹22.05
- **Day Low:** ₹22.05
- **Previous Close:** ₹22.55
- **Volume:** 1600
- **As Of:** 2026-09-11T09:02:36+00:00

## Key Fundamentals

Observed at 2026-09-11T04:34:36.245653Z.

- **Market Cap:** ₹36.9 Cr
- **Classification:** SME
- **P/E (reported):** -25.6
- **EPS (reported):** ₹3.77
- **Book Value:** ₹37.89
- **Price to Book:** 0.6
- **Dividend Yield:** 0%
- **ROE:** 6.81%
- **ROCE:** 6.51%
- **Debt to Equity:** 1.18
- **Revenue (yearly):** ₹205.04 Cr
- **Net Income:** ₹-1.43 Cr
- **EBITDA:** ₹3.18 Cr
- **52-Week High:** ₹38.5
- **52-Week Low:** ₹17.65
- **RSI (14):** 46

## Tapetide Score

- **Score:** 44 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Falling
- **Percentile:** 25 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 33.65 | 9% |
| growth | 36.92 | 9% |
| momentum | 43.28 | 12% |
| ownership | 50 | 24% |
| quality | 52.32 | 22% |
| valuation | 59.52 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.58 times its book value
- Company's working capital requirements have reduced from 19.5 days to 14.1 days

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 5.45% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.16 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -96.17% | -7.5% | -95.69% |
| ebitda margin growth | -72.41% | -63.25% | -76.88% | -71.85% |
| net income growth | -64.29% | -133.26% | -123.06% | -171.5% |
| revenue growth | 0.69% | -0.95% | 3% | 14% |
| roce | — | -56.43% | -73.29% | 14.42% |
| roe | — | -34.71% | 12.46% | -43.34% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 85 | 100 | 84 | 121 | 101 | 104 |
| Expenses | 78 | 95 | 80 | 118 | 97 | 105 |
| Operating Profit | 7 | 5 | 4 | 3 | 4 | 0 |
| OPM % | 8 | 5 | 4.8 | 2.8 | 3.6 | -0.4 |
| Other Income | 0 | 1 | 1 | 1 | 0 | 1 |
| Interest | 1 | 1 | 1 | 0 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 5 | 4 | 3 | 3 | 2 | -2 |
| Tax % | 29 | 24 | 19 | 27 | 22 | 42 |
| Net Profit | 3 | 3 | 2 | 2 | 1 | -3 |
| EPS in Rs | 2.74 | 1.75 | 1.46 | 1.18 | 0.8 | -1.68 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 107 | 96 | 188 | 182 | 204 | 205 |
| Expenses | 102 | 91 | 177 | 171 | 197 | 202 |
| Operating Profit | 5 | 5 | 11 | 12 | 8 | 3 |
| OPM % | 4.3 | 5 | 6 | 6 | 3.7 | 1.6 |
| Other Income | 1 | 0 | 0 | 1 | 1 | 1 |
| Interest | 1 | 1 | 2 | 2 | 1 | 2 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 3 |
| Profit before tax | 3 | 3 | 7 | 8 | 6 | 0 |
| Tax % | 36 | 28 | 28 | 27 | 22 | 496 |
| Net Profit | 2 | 2 | 5 | 6 | 4 | -1 |
| EPS in Rs | 4.12 | 4.19 | 10.48 | 3.77 | 2.64 | -0.88 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5 | 5 | 5 | 16 | 16 | 16 |
| Reserves | 12 | 15 | 20 | 43 | 47 | 46 |
| Borrowings | 23 | 28 | 33 | 26 | 53 | 73 |
| Other Liabilities | 6 | 7 | 10 | 7 | 9 | 13 |
| Total Liabilities | 46 | 55 | 68 | 92 | 126 | 148 |
| Fixed Assets | 21 | 20 | 21 | 32 | 33 | 93 |
| CWIP | 0 | 0 | 1 | 9 | 52 | 15 |
| Investments | 8 | 4 | 3 | 20 | 0 | 0 |
| Other Assets | 17 | 30 | 43 | 31 | 41 | 39 |
| Total Assets | 46 | 55 | 68 | 92 | 126 | 148 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 9 | -8 | 0 | 10 | 0 | 0 |
| Cash from Investing Activity | 0 | 3 | -2 | -39 | -27 | 0 |
| Cash from Financing Activity | -9 | 6 | 5 | 25 | 26 | 0 |
| Net Cash Flow | 0 | 1 | 3 | -4 | 0 | 0 |
| Free Cash Flow | 9 | -8 | -3 | -11 | -45 | 0 |
| CFO/OP | 198 | -159 | 8 | 93 | 25 | 0 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 34 | 37 | 23 | 20 | 28 | 18 |
| Inventory Days | 21 | 78 | 56 | 34 | 35 | 26 |
| Days Payable | 15 | 16 | 14 | 4 | 14 | 14 |
| Cash Conversion Cycle | 41 | 98 | 65 | 50 | 50 | 29 |
| Working Capital Days | 2 | 29 | 18 | 15 | 29 | 14 |
| ROCE % | — | 10 | 18 | 15 | 7 | 1 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 73.5% | 74.81% | 73.5% | 73.5% | 73.5% |
| FIIs | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 25.29% | 8.28% | 24.15% | 24.2% | 23.83% |
| Others | 1.21% | 16.91% | 2.35% | 2.3% | 2.67% |
| No. of Shareholders | 1925 | 108 | 1487 | 1432 | 1338 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 22.99 | Sell |
| EMA (10) | 22.96 | Sell |
| SMA (20) | 23.3 | Sell |
| EMA (20) | 23.22 | Sell |
| SMA (50) | 23.8 | Sell |
| EMA (50) | 23.87 | Sell |
| SMA (100) | 24.43 | Sell |
| EMA (100) | 25.15 | Sell |
| SMA (200) | 28.26 | Sell |
| EMA (200) | 28.88 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.59 | Neutral |
| MACD (12,26,9) | -0.35 | Sell |
| Stochastic (14,3,3) | 30.95 | Neutral |
| ADX (14) | 23.3 | Neutral |
| Williams %R (14) | -78.57 | Neutral |
| ATR (14) | 1.34 | High Volatility |
| ROC (12) | -0.23 | Sell |
| Stoch RSI (14) | 24.11 | Neutral |
| UO (7,14,28) | 59.66 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jul - FY26 audited results approved; Income Tax search concluded Feb 2, 2026, assessments ongoing. | [Reply to Clarification- Financial results 9 Jul - FY26 audited results approved; Income Tax search concluded Feb 2, 2026, assessments ongoing.](https://nsearchives.nseindia.com/corporate/BABAFOOD_08072026180615_Clarification_of_Financial_Result.pdf) |
| 9 Jul - Filed Q1 FY27 grievance report with zero complaints; corporate governance report not applicable on NSE SME. | [Integrated Filing- Governance 9 Jul - Filed Q1 FY27 grievance report with zero complaints; corporate governance report not applicable on NSE SME.](https://nsearchives.nseindia.com/corporate/BABAFOOD_09072026135818_Investor_Griveance_Report__3_.pdf) |
| 9 Jul - Compliance certificate under Regulation 74(5) for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 Jul - Compliance certificate under Regulation 74(5) for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/BABAFOOD_09072026133816_Compliance_Certificate.pdf) |
| 9 Jul - Baba Food says corporate governance provisions don’t apply; no report for quarter ended June 30, 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 9 Jul - Baba Food says corporate governance provisions don’t apply; no report for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/BABAFOOD_09072026134049_CG_non_applicability.pdf) |
| 9 Feb - Tata Motors incorporated 100%‑owned AIEQU Mobility Limited on Jan 19, 2026; paid-up capital ₹50 lakh. | [Announcement under Regulation 30 (LODR)-Acquisition 9 Feb - Tata Motors incorporated 100%‑owned AIEQU Mobility Limited on Jan 19, 2026; paid-up capital ₹50 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9da9dbd7-297b-472b-afec-d4b838170be6.pdf) |
| 7 March 2026 - Board noted auditor resignation; MD/CFO and WTD voluntary pay reductions; share-capital reconciliation and grievances as of Dec 31, 2025. | [Outcome of Board Meeting 7 March 2026 - Board noted auditor resignation; MD/CFO and WTD voluntary pay reductions; share-capital reconciliation and grievances as of Dec 31, 2025.](https://nsearchives.nseindia.com/corporate/BABAFOOD_07032026121423_Outcome_of_Board_Meeting_Baba_Food_.pdf) |
| 5 Feb - Details of the physical group meeting scheduled with the Analysts / Institutional Investors on February 10, 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Feb - Details of the physical group meeting scheduled with the Analysts / Institutional Investors on February 10, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b0d6c0b-d347-46b9-85be-34e18d8bd67f.pdf) |
| 4 Feb - Details of the physical group meeting scheduled with the Analysts / Institutional Investors on February 9, 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 4 Feb - Details of the physical group meeting scheduled with the Analysts / Institutional Investors on February 9, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/70d55f84-5134-4d63-9790-b50e3815deeb.pdf) |
| 4 April 2026 - SDD compliance certificate obtained for FY ended March 31, 2026. | [Structural Digital Database 4 April 2026 - SDD compliance certificate obtained for FY ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/BABAFOOD_04042026170509_SDD_Certificate.pdf) |
| 4 April 2026 - Quarter ended March 31, 2026 governance filing shows zero investor complaints; corporate governance report not applicable on SME platform. | [Integrated Filing- Governance 4 April 2026 - Quarter ended March 31, 2026 governance filing shows zero investor complaints; corporate governance report not applicable on SME platform.](https://nsearchives.nseindia.com/corporate/BABAFOOD_04042026123056_Investor_Griveance_Report__3_.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de69063f-f7db-4e86-948e-d57b85c6c447.pdf) |
| May 2024 | [Concall - May 2024](https://nsearchives.nseindia.com/corporate/BABAFP_21052024162255_BabaFoodUpdateProgressMarch2024.pdf) |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a3053a41-2c61-4a29-971e-91224e8f569b.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://nsearchives.nseindia.com/corporate/BABAFP_26022024130513_BabaFoodProgressandUpdatePresentationFeb2024.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27970_BABAFP_2024_2025_A_4285889_30082025185240.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_24443_BABAFP_2023_2024_12072024163216.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:19:39.813Z.