---
title: "Hoac Foods India Ltd (HOACFOODS) — Share Price, Financials & Analysis"
symbol: "HOACFOODS"
company: "Hoac Foods India Ltd"
canonical: "https://tapetide.com/stocks/HOACFOODS"
isin: "INE0S6S01017"
nse_symbol: "HOACFOODS"
sector: "Food Products"
industry: "Food Products"
market_cap_cr: 404.44
generated_at: "2026-09-13T18:26:05.705Z"
---

# Hoac Foods India Ltd (HOACFOODS)

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

## Company

- **NSE Symbol:** HOACFOODS
- **ISIN:** INE0S6S01017
- **Sector:** Food Products
- **Industry:** Food Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2024-05-24
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hoacfoodsindia.com

## About

Incorporated in 2018, HOAC Foods India Ltd is engaged in manufacturing, 
 processing & trading of Atta, Dal Spices, Oil and other products[1]

## Latest Price

- **Price:** ₹913.2
- **Change:** -18.6 (-2%)
- **Open:** ₹913.2
- **Day High:** ₹913.5
- **Day Low:** ₹913.2
- **Previous Close:** ₹931.8
- **Volume:** 5625
- **As Of:** 2026-09-11T09:45:06+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:21.031659Z.

- **Market Cap:** ₹404.44 Cr
- **Classification:** SME
- **P/E (reported):** 68.1
- **Book Value:** ₹57.88
- **Price to Book:** 16.1
- **Dividend Yield:** 0%
- **ROE:** 21.82%
- **ROCE:** 32.88%
- **Debt to Equity:** 0.07
- **Revenue (yearly):** ₹50.11 Cr
- **Net Income:** ₹4.44 Cr
- **EBITDA:** ₹6.93 Cr
- **52-Week High:** ₹1010
- **52-Week Low:** ₹219.85
- **RSI (14):** 63.97

## Tapetide Score

- **Score:** 56 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 89.47 | 9% |
| growth | 98.86 | 9% |
| momentum | 98.9 | 12% |
| ownership | 58.6 | 24% |
| quality | 63.23 | 22% |
| valuation | 24.15 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.2%

### Weaknesses

- Stock is trading at 15.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 84.18% | -118.89% | -138.89% |
| ebitda margin growth | 28% | -13.97% | — | — |
| net income growth | 31.25% | 77.6% | 106% | 102% |
| revenue growth | 34.9% | 88.38% | 59% | 46% |
| roce | 28.69% | — | — | — |
| roe | 28.22% | — | — | — |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- |
| Sales | 7.79 | 15.59 | 18.48 |
| Expenses | 6.77 | 13.54 | 15.63 |
| Operating Profit | 1.02 | 2.05 | 2.85 |
| OPM % | 13.09 | 13.15 | 15.42 |
| Other Income | 0.01 | 0.12 | 0.08 |
| Interest | 0.14 | 0.29 | 0.16 |
| Depreciation | 0.11 | 0.11 | 0.12 |
| Profit before tax | 0.78 | 1.77 | 2.65 |
| Tax % | 19.23 | 25.99 | 27.92 |
| Net Profit | 0.63 | 1.31 | 1.91 |
| EPS in Rs | 1.64 | 3.02 | 4.4 |

### Profit & Loss

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 6.29 | 7.42 | 10.87 | 12.1 | 15.63 | 26.43 | 48.75 |
| Expenses | 6.15 | 7.03 | 10.3 | 10.92 | 13.8 | 22.29 | 41.81 |
| Operating Profit | 0.14 | 0.39 | 0.57 | 1.18 | 1.83 | 4.14 | 6.94 |
| OPM % | 2.23 | 5.26 | 5.24 | 9.75 | 11.71 | 15.66 | 14.24 |
| Other Income | 0.05 | 0.04 | 0.07 | 0.11 | 0 | 0.16 | 0.36 |
| Interest | 0.09 | 0.22 | 0.2 | 0.29 | 0.34 | 0.52 | 0.82 |
| Depreciation | 0.01 | 0.03 | 0.06 | 0.18 | 0.13 | 0.29 | 0.44 |
| Profit before tax | 0.09 | 0.18 | 0.38 | 0.82 | 1.36 | 3.49 | 6.04 |
| Tax % | 22.22 | 27.78 | 26.32 | 37.8 | 25 | 28.37 | 27.32 |
| Net Profit | 0.07 | 0.13 | 0.27 | 0.5 | 1.02 | 2.5 | 4.4 |
| EPS in Rs | 7 | 13 | 12.44 | 23.04 | 3.79 | 6.5 | 10.14 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.1 | 0.1 | 0.22 | 0.22 | 2.69 | 3.84 | 4.34 |
| Reserves | 0.1 | 0.22 | 0.76 | 1.27 | 0.66 | 7.55 | 20.78 |
| Borrowings | 0.38 | 1.28 | 1.48 | 1.94 | 2.26 | 4.47 | 1.73 |
| Other Liabilities | 0.47 | 0.48 | 1.13 | 1.47 | 2.36 | 4.38 | 8.59 |
| Total Liabilities | 1.05 | 2.08 | 3.59 | 4.9 | 7.97 | 20.24 | 35.44 |
| Fixed Assets | 0.13 | 0.35 | 0.44 | 0.61 | 0.91 | 3.81 | 6.02 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 |
| Other Assets | 0.92 | 1.73 | 3.15 | 4.29 | 7.06 | 16.42 | 29.42 |
| Total Assets | 1.05 | 2.08 | 3.59 | 4.9 | 7.97 | 20.24 | 35.44 |

### Cash Flow

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.37 | 0.04 | 0.02 | -0.51 | -0.29 | -1.19 | -4.31 |
| Cash from Investing Activity | -0.11 | -0.26 | -0.07 | -0.34 | -0.43 | -3.21 | -2.65 |
| Cash from Financing Activity | -0.19 | 0.42 | 0.09 | 0.59 | 0.83 | 7.27 | 10.13 |
| Net Cash Flow | 0.07 | 0.2 | 0.04 | -0.26 | 0.11 | 2.87 | 3.17 |
| Free Cash Flow | 0.26 | -0.22 | -0.12 | -0.85 | -0.72 | -4.39 | -6.96 |
| CFO/OP | 264 | 15 | 12 | -33 | -1 | -13 | -50 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 5.8 | 6.39 | 25.86 | 31.07 | 52.78 | 116.7 | 63.49 |
| Inventory Days | 32.52 | 336.09 | 249.54 | 96.51 | 135.65 | 80.65 | 122.45 |
| Days Payable | 29.63 | 144.55 | 180.64 | 43.87 | 61.13 | 66.51 | 54.57 |
| Cash Conversion Cycle | 8.69 | 197.93 | 94.76 | 83.71 | 127.3 | 130.83 | 131.36 |
| Working Capital Days | -6.38 | -4.43 | 5.04 | 34.99 | 64.45 | 65.6 | 106.54 |
| ROCE % | — | 36.7 | 28.57 | 37.69 | 37.61 | 37.35 | 32.12 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 70.1% | 70.1% | 62.08% | 62.08% |
| FIIs | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0.5% |
| Government | 0% | 0% | 0% | 0% |
| Public | 20.93% | 22.35% | 31.75% | 33.25% |
| Others | 8.98% | 7.55% | 6.17% | 4.16% |
| No. of Shareholders | 228 | 340 | 786 | 874 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 5 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 943.96 | Sell |
| EMA (10) | 928.39 | Sell |
| SMA (20) | 881.72 | Buy |
| EMA (20) | 889.22 | Buy |
| SMA (50) | 783.7 | Buy |
| EMA (50) | 798.21 | Buy |
| SMA (100) | 666.2 | Buy |
| EMA (100) | 692.02 | Buy |
| SMA (200) | 509.63 | Buy |
| EMA (200) | 557 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 59.62 | Neutral |
| MACD (12,26,9) | 53.03 | Sell |
| Stochastic (14,3,3) | 62.53 | Neutral |
| ADX (14) | 26.57 | Buy |
| Williams %R (14) | -48.41 | Neutral |
| ATR (14) | 30.37 | High Volatility |
| ROC (12) | 8.72 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 57.26 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Notice of 08th AGM to be held on 30 September 2026 via VC/OAVM published in newspapers. | [Copy of Newspaper Publication 9 Sep - Notice of 08th AGM to be held on 30 September 2026 via VC/OAVM published in newspapers.](https://nsearchives.nseindia.com/corporate/HOAC_09092026170704_Corporate_Announcement__Newpaper_Publication_finall.pdf) |
| 8 Sep - Board approved FY26 annual report, 8th AGM on Sept 30, and ₹44 crore RPT with HOAC Exports. | [Outcome of Board Meeting 8 Sep - Board approved FY26 annual report, 8th AGM on Sept 30, and ₹44 crore RPT with HOAC Exports.](https://nsearchives.nseindia.com/corporate/HOAC_08092026232845_Outcome.pdf) |
| 8 Sep - 8th AGM on 30 Sep 2026; seeks approval for ₹44 crore RPT with HOAC Exports. | [Shareholders meeting 8 Sep - 8th AGM on 30 Sep 2026; seeks approval for ₹44 crore RPT with HOAC Exports.](https://nsearchives.nseindia.com/corporate/HOAC_08092026235713_Notice.pdf) |
| 8 Aug - Board approved Q1 FY27 results; consolidated profit ₹204.46 lakh, standalone profit ₹191.15 lakh. | [Outcome of Board Meeting 8 Aug - Board approved Q1 FY27 results; consolidated profit ₹204.46 lakh, standalone profit ₹191.15 lakh.](https://nsearchives.nseindia.com/corporate/HOAC_08082026185532_Outcome_of_Board_meeting.pdf) |
| 6 Jul - Regulation 74(5) certificate for quarter ended June 30, 2026; no demat/remat requests processed. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 Jul - Regulation 74(5) certificate for quarter ended June 30, 2026; no demat/remat requests processed.](https://nsearchives.nseindia.com/corporate/HOAC_06072026184652_Regulation_74_5__F.pdf) |
| 31 March 2026 - Trading window closed Apr 6, 2026 until 48 hours post Board meeting for FY2026 audited results. | [Trading Window 31 March 2026 - Trading window closed Apr 6, 2026 until 48 hours post Board meeting for FY2026 audited results.](https://nsearchives.nseindia.com/corporate/HOAC_31032026184930_Closure_of_Trading_Window.pdf) |
| 31 January 2026 - Added two flour units (≈10 tonnes/day); Blinkit quick-commerce expanded from Gurugram to Delhi and Noida. | [Updates 31 January 2026 - Added two flour units (≈10 tonnes/day); Blinkit quick-commerce expanded from Gurugram to Delhi and Noida.](https://nsearchives.nseindia.com/corporate/HOAC_31012026133235_HOAC_business_update_two_manufacturing_Signed.pdf) |
| 30 March 2026 - Opened new Hariom Atta & Spices franchise in Greater Noida (Shop LGF-07, City Galleria) with Shiv Kripa Retail. | [General Updates 30 March 2026 - Opened new Hariom Atta & Spices franchise in Greater Noida (Shop LGF-07, City Galleria) with Shiv Kripa Retail.](https://nsearchives.nseindia.com/corporate/HOAC_30032026184444_HOAC_business_update_noida_gaur_2__1_.pdf) |
| 29 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY2027 results. | [Trading Window 29 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY2027 results.](https://nsearchives.nseindia.com/corporate/HOAC_29062026193514_Trading_Window_closure_June_26.pdf) |
| 27 May - HOAC Exports dispatched 2 containers to Australia, expanding international exports. | [General Updates 27 May - HOAC Exports dispatched 2 containers to Australia, expanding international exports.](https://nsearchives.nseindia.com/corporate/HOAC_27052026180808_HOAC_business_update_AUSTRALIA.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31996_HOACFOODS_2025_2026_A_13757999_08092026235001.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28106_HOACFOODS_2024_2025_A_6118284_01092025230942.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26301_HOACFOODS_2023_2024_0310202414542.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/HOAC_18112025190545_Hoac_Earning_call_Transcript.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/HOACFOODS_25112024122252_InvestorPresentationH1FY25.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/HOACFOODS_25112024120521_InvestorPresentationH1FY25.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/HOAC_10062025121847_Final_Intimation_10062025_Transcript.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 2026-09-13T18:26:05.705Z.