---
title: "Freshara Agro Exports Ltd (FRESHARA) — Share Price, Financials & Analysis"
symbol: "FRESHARA"
company: "Freshara Agro Exports Ltd"
canonical: "https://tapetide.com/stocks/FRESHARA"
isin: "INE0SFW01015"
nse_symbol: "FRESHARA"
sector: "Food Products"
industry: "Food Products"
market_cap_cr: 1144.29
generated_at: "2026-09-13T18:52:17.682Z"
---

# Freshara Agro Exports Ltd (FRESHARA)

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

## Company

- **NSE Symbol:** FRESHARA
- **ISIN:** INE0SFW01015
- **Sector:** Food Products
- **Industry:** Food Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2024-10-24
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** fresharaagroexports.com

## About

Incorporated in 2015, Freshara Agro 
Exports Ltd is a producer and exporter
of preserved gherkins and related products[1]

## Latest Price

- **Price:** ₹485
- **Change:** -1.4 (-0.29%)
- **Open:** ₹476
- **Day High:** ₹490
- **Day Low:** ₹476
- **Previous Close:** ₹486.4
- **Volume:** 29400
- **As Of:** 2026-09-11T09:46:30+00:00

## Key Fundamentals

Observed at 2026-09-11T04:44:31.087856Z.

- **Market Cap:** ₹1144.29 Cr
- **Classification:** SME
- **P/E (reported):** 30.5
- **Book Value:** ₹70.4
- **Price to Book:** 6.91
- **Dividend Yield:** 0%
- **ROE:** 22.55%
- **ROCE:** 32.46%
- **Debt to Equity:** 0.74
- **Revenue (yearly):** ₹313.53 Cr
- **Net Income:** ₹36.92 Cr
- **EBITDA:** ₹47.24 Cr
- **52-Week High:** ₹493.95
- **52-Week Low:** ₹130
- **RSI (14):** 73.35

## Tapetide Score

- **Score:** 51 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 52 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 46.92 | 9% |
| growth | 87.11 | 9% |
| momentum | 98.9 | 12% |
| ownership | 74.34 | 24% |
| quality | 45.45 | 22% |
| valuation | 19.88 | 24% |

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

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 29.0%
- Debtor days have improved from 220 to 142 days.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Working capital days have increased from 75.9 days to 117 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 99.88% | -100.08% | -102.48% |
| ebitda margin growth | -17.69% | -23.57% | — |
| net income growth | 28.19% | 59% | — |
| revenue growth | 20.26% | 36% | — |
| roce | -6.27% | -6.27% | — |
| roe | -38.99% | 29.76% | — |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 104 | 151 | 134 | 179 |
| Expenses | 89 | 126 | 117 | 150 |
| Operating Profit | 15 | 25 | 18 | 29 |
| OPM % | 14 | 17 | 13 | 16 |
| Other Income | 4 | 3 | 7 | 4 |
| Interest | 3 | 4 | 3 | 4 |
| Depreciation | 1 | 1 | 1 | 2 |
| Profit before tax | 15 | 23 | 20 | 28 |
| Tax % | 25 | 25 | 25 | 25 |
| Net Profit | 11 | 17 | 15 | 21 |
| EPS in Rs | 6.69 | 7.41 | 6.34 | 9.07 |

### Profit & Loss

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 111 | 126 | 71 | 251 | 314 |
| Expenses | 113 | 109 | 59 | 215 | 266 |
| Operating Profit | -2 | 17 | 12 | 36 | 47 |
| OPM % | -1.7 | 13 | 17 | 14 | 15 |
| Other Income | 7 | 1 | 2 | 10 | 11 |
| Interest | 3 | 3 | 1 | 6 | 7 |
| Depreciation | 1 | 1 | 0 | 2 | 3 |
| Profit before tax | 2 | 14 | 13 | 38 | 48 |
| Tax % | 40 | 34 | 22 | 25 | 25 |
| Net Profit | 1 | 9 | 10 | 29 | 36 |
| EPS in Rs | — | — | 5.86 | 12.25 | 15.41 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | — | — | 17 | 24 | 24 |
| Reserves | — | — | 10 | 104 | 150 |
| Borrowings | — | — | 108 | 95 | 128 |
| Other Liabilities | — | — | 32 | 27 | 53 |
| Total Liabilities | — | — | 167 | 249 | 355 |
| Fixed Assets | — | — | 22 | 49 | 67 |
| CWIP | — | — | 7 | 0 | 1 |
| Investments | — | — | 1 | 1 | 8 |
| Other Assets | — | — | 137 | 199 | 279 |
| Total Assets | — | — | 167 | 249 | 355 |

### Cash Flow

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | -98 | 0 | -21 |
| Cash from Investing Activity | — | — | -5 | -24 | -44 |
| Cash from Financing Activity | — | — | 107 | 54 | 38 |
| Net Cash Flow | — | — | 4 | 29 | -27 |
| Free Cash Flow | — | — | -102 | -23 | -43 |
| CFO/OP | — | — | -809 | 47 | -20 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | 396 | 122 | 142 |
| Inventory Days | — | — | 262 | 137 | 157 |
| Days Payable | — | — | 172 | 54 | 69 |
| Cash Conversion Cycle | — | — | 486 | 205 | 230 |
| Working Capital Days | — | — | 34 | 76 | 117 |
| ROCE % | — | — | — | 25 | 21 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Promoters | 62.58% | 62.58% | 62.58% |
| FIIs | 0% | 0% | 0.13% |
| DIIs | 0.47% | 0.05% | 0.56% |
| Government | 0% | 0% | 0% |
| Public | 35.17% | 32.58% | 27.45% |
| Others | 1.78% | 4.8% | 9.29% |
| No. of Shareholders | 1573 | 1452 | 2076 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 3 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 456.11 | Buy |
| EMA (10) | 456.11 | Buy |
| SMA (20) | 426.79 | Buy |
| EMA (20) | 431.78 | Buy |
| SMA (50) | 370.27 | Buy |
| EMA (50) | 376.57 | Buy |
| SMA (100) | 294.79 | Buy |
| EMA (100) | 320.61 | Buy |
| SMA (200) | 236.74 | Buy |
| EMA (200) | 266.87 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 72.71 | Sell |
| MACD (12,26,9) | 31.94 | Buy |
| Stochastic (14,3,3) | 93.95 | Sell |
| ADX (14) | 44.4 | Buy |
| Williams %R (14) | -8.21 | Sell |
| ATR (14) | 23.25 | High Volatility |
| ROC (12) | 12.53 | Buy |
| Stoch RSI (14) | 70.91 | Neutral |
| UO (7,14,28) | 53.69 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Newspaper publication of 3rd AGM notice and e-voting details on 9 September 2026. | [Copy of Newspaper Publication 9 Sep - Newspaper publication of 3rd AGM notice and e-voting details on 9 September 2026.](https://nsearchives.nseindia.com/corporate/FRESHARA_09092026170046_3rd_AGM_Newspaper_Publication_dt09092026v2_Signed.pdf) |
| 8 Sep - 3rd AGM on 30 Sep 2026; members to vote on 400 crore borrowing limit and director reappointments. | [Shareholders meeting 8 Sep - 3rd AGM on 30 Sep 2026; members to vote on 400 crore borrowing limit and director reappointments.](https://nsearchives.nseindia.com/corporate/FRESHARA_08092026194555_Intimation_of_3rd_AGM_signed.pdf) |
| 8 April 2026 - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/FRESHARA_08042026124625_SE_Intimation_Reg75_4__of_DP_Reg_08042026_signed.pdf) |
| 7 Jul - Submitted Regulation 74(5) compliance certificate for quarter ended 30 June 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 Jul - Submitted Regulation 74(5) compliance certificate for quarter ended 30 June 2026.](https://nsearchives.nseindia.com/corporate/FRESHARA_07072026171020_SE_Intimation_Reg75_4__of_DP_Reg_07072026_signed.pdf) |
| 7 Jul - Filed non-applicability of Regulation 27(2) corporate governance for quarter ended June 30, 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 7 Jul - Filed non-applicability of Regulation 27(2) corporate governance for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/FRESHARA_07072026171522_Non-applicability_of_Reg27_07072026_signed.pdf) |
| 7 February 2026 - Completed acquisition of 100% stake in Spain's Gandin Invest, S.L.; subsidiary status notified Feb 7, 2026. | [General Updates 7 February 2026 - Completed acquisition of 100% stake in Spain's Gandin Invest, S.L.; subsidiary status notified Feb 7, 2026.](https://nsearchives.nseindia.com/corporate/FRESHARA_07022026170918_Reg_30_Intimation_of_acquisition_GI_07022026_signed.pdf) |
| 6 Jul - Q1 FY27 provisional revenue rose to ₹61.6 crore standalone and ₹112.9 crore consolidated. | [General Updates 6 Jul - Q1 FY27 provisional revenue rose to ₹61.6 crore standalone and ₹112.9 crore consolidated.](https://nsearchives.nseindia.com/corporate/FRESHARA_06072026201330_Covering_letter_-_Business_Update_Q1_FY_2026-27_final.pdf) |
| 5 Sep - Company will hold an in-person investor meet with Avendus Spark Small Cap on 8 September 2026. | [Analysts/Institutional Investor Meet/Con. Call Updates 5 Sep - Company will hold an in-person investor meet with Avendus Spark Small Cap on 8 September 2026.](https://nsearchives.nseindia.com/corporate/FRESHARA_05092026212721_Reg_30_Investor_Meet_Intimation_signed.pdf) |
| 4 June 2026 - Investor presentation for 4 June 2026 earnings conference call on half-year/year ended 31 March 2026 results. | [Investor Presentation 4 June 2026 - Investor presentation for 4 June 2026 earnings conference call on half-year/year ended 31 March 2026 results.](https://nsearchives.nseindia.com/corporate/FRESHARA_04062026122009_NSE_-_presentation_-_04-06-2026_signed_-_final.pdf) |
| 4 June 2026 - Company held earnings conference call on 4 June 2026 for H2/FY26 financial results. | [Analysts/Institutional Investor Meet/Con. Call Updates 4 June 2026 - Company held earnings conference call on 4 June 2026 for H2/FY26 financial results.](https://nsearchives.nseindia.com/corporate/FRESHARA_04062026202621_NSE_post_earnings_-_04-06-2026_signed.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31936_FRESHARA_2025_2026_A_119454315_08092026195232.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_29102_FRESHARA_2024_2025_A_5255303_16092025163208.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/FRESHARA_28112024170748_NSE_Investorpresentation.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/FRESHARA_20062025175459_Transcript_Earnings_Conference_Call_20062025_signed.pdf) |
| Dec 2025 | [Concall - Dec 2025](https://nsearchives.nseindia.com/corporate/FRESHARA_13122025141938_Intimation_Transcript_Earnings_Conference_Call_H1_FY_26_signed.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://nsearchives.nseindia.com/corporate/FRESHARA_24082025071153_Presentation_Investor_Meet_24082025_signed.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 2026-09-13T18:52:17.682Z.