SUNDROP
Sundrop Brands Limited
Edible oils and foods company under the Sundrop franchise
Fast Moving Consumer Goods›Fast Moving Consumer Goods›Food Products›Packaged Foods
sundropbrands.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
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What you need to know
Sundrop Brands (formerly Agro Tech Foods) sells packaged foods and edible oil in India under three key brands: ACT II popcorn, Del Monte sauces, spreads and Italian foods, and Sundrop oils and peanut butter.
Company snapshot
11thBy market cap
Ranked among 18 companies in Packaged Foods.
What we see
- ✓149% of operating profit came in as cash over the last three years — profits are backed by real cash.
- ✗Net margin is very thin at 1.3% — little room for error if costs rise.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 201 Cr | 193 Cr | 178 Cr | 181 Cr | 206 Cr | 208 Cr | 304 Cr | 372 Cr | 383 Cr | 407 Cr | 387 Cr | 428 Cr |
| Operating expenses (approx.) | 193 Cr | 184 Cr | 173 Cr | 175 Cr | 200 Cr | 194 Cr | 304 Cr | 358 Cr | 379 Cr | 387 Cr | 365 Cr | 403 Cr |
| EBITDA | 9 Cr | 9 Cr | 5 Cr | 6 Cr | 6 Cr | 14 Cr | -0.36 Cr | 14 Cr | 4 Cr | 20 Cr | 21 Cr | 25 Cr |
| OPM % | 4.3% | 4.6% | 2.9% | 3.4% | 3.0% | 6.9% | -0.1% | 3.7% | 1.0% | 5.0% | 5.5% | 5.8% |
| Other income | 0.05 Cr | 0.22 Cr | 0.04 Cr | 0.28 Cr | 0.06 Cr | 0.37 Cr | 2 Cr | 0.92 Cr | 0.56 Cr | 0.47 Cr | 0.86 Cr | 1 Cr |
| Interest | 0.78 Cr | 0.43 Cr | 0.47 Cr | 0.74 Cr | 0.48 Cr | 0.23 Cr | 0.28 Cr | 0.36 Cr | 0.33 Cr | 0.68 Cr | 0.46 Cr | 0.55 Cr |
| Depreciation | 5 Cr | 5 Cr | 5 Cr | 5 Cr | 6 Cr | 6 Cr | 9 Cr | 9 Cr | 8 Cr | 8 Cr | 8 Cr | 8 Cr |
| Profit before tax | 3 Cr | 3 Cr | 2 Cr | 0.28 Cr | 0.21 Cr | 5 Cr | -151 Cr | 6 Cr | -4 Cr | 12 Cr | 13 Cr | 17 Cr |
| Tax % | 25.8% | 26.1% | 32.7% | 28.6% | 76.2% | 25.2% | 24.6% | 23.9% | 46.3% | 33.8% | 25.6% | 29.3% |
| Net profit | 2 Cr | 3 Cr | 1 Cr | 0.20 Cr | 0.05 Cr | 4 Cr | -114 Cr | 4 Cr | -2 Cr | 8 Cr | 10 Cr | 12 Cr |
| EPS (₹) | ₹0.77 | ₹1.04 | ₹0.61 | ₹0.08 | ₹0.02 | ₹1.61 | ₹-43.30 | ₹1.15 | ₹-0.56 | ₹2.13 | ₹2.61 | ₹3.22 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 808 Cr | 812 Cr | 824 Cr | 835 Cr | 893 Cr | 917 Cr | 850 Cr | 760 Cr | 899 Cr | 1,549 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 747 Cr | 746 Cr | 759 Cr | 777 Cr | 830 Cr | 863 Cr | 804 Cr | 725 Cr | 873 Cr | 1,490 Cr | Sign in free for the trailing twelve months |
| EBITDA | 61 Cr | 66 Cr | 65 Cr | 58 Cr | 62 Cr | 54 Cr | 45 Cr | 34 Cr | 26 Cr | 59 Cr | Sign in free for the trailing twelve months |
| OPM % | 7.6% | 8.1% | 7.9% | 7.0% | 7.0% | 5.9% | 5.3% | 4.5% | 2.9% | 3.8% | Sign in free for the trailing twelve months |
| Other income | 0.31 Cr | 0.94 Cr | 4 Cr | 3 Cr | 0.89 Cr | 2 Cr | 0.22 Cr | 1 Cr | 2 Cr | 3 Cr | Sign in free for the trailing twelve months |
| Interest | 4 Cr | 0.25 Cr | 0.09 Cr | 2 Cr | 2 Cr | 2 Cr | 3 Cr | 3 Cr | 2 Cr | 2 Cr | Sign in free for the trailing twelve months |
| Depreciation | 17 Cr | 18 Cr | 17 Cr | 19 Cr | 19 Cr | 21 Cr | 22 Cr | 21 Cr | 26 Cr | 33 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 45 Cr | 49 Cr | 51 Cr | 41 Cr | 43 Cr | 35 Cr | 20 Cr | 14 Cr | -146 Cr | 27 Cr | Sign in free for the trailing twelve months |
| Tax % | 38.1% | 35.3% | 33.0% | 16.7% | 27.0% | 26.2% | 26.0% | 27.3% | 24.5% | 26.0% | Sign in free for the trailing twelve months |
| Net profit | 28 Cr | 32 Cr | 34 Cr | 34 Cr | 31 Cr | 26 Cr | 15 Cr | 10 Cr | -110 Cr | 20 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹11.90 | ₹13.56 | ₹14.63 | ₹14.35 | ₹13.21 | ₹10.87 | ₹6.29 | ₹4.29 | ₹-41.72 | ₹5.34 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 22.7% | 27.6% | 47.4% | 69.7% | — | 0.0% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 24 Cr | 24 Cr | 24 Cr | 24 Cr | 24 Cr | 24 Cr | 24 Cr | 24 Cr | 38 Cr | 38 Cr |
| Reserves | 282 Cr | 315 Cr | 352 Cr | 384 Cr | 412 Cr | 438 Cr | 462 Cr | 476 Cr | 1,401 Cr | 1,441 Cr |
| Borrowings | 18 Cr | — | — | 4 Cr | — | 39 Cr | 52 Cr | 34 Cr | — | — |
| Other liabilities | 85 Cr | 96 Cr | 93 Cr | 95 Cr | 110 Cr | 118 Cr | 101 Cr | 109 Cr | 349 Cr | 353 Cr |
| Total liabilities | 409 Cr | 435 Cr | 470 Cr | 507 Cr | 546 Cr | 619 Cr | 639 Cr | 643 Cr | 1,787 Cr | 1,831 Cr |
| Fixed assets (net) | 169 Cr | 169 Cr | 159 Cr | 194 Cr | 258 Cr | 286 Cr | 291 Cr | 306 Cr | 402 Cr | 392 Cr |
| CWIP | 16 Cr | 15 Cr | 12 Cr | 55 Cr | 8 Cr | 11 Cr | 26 Cr | 30 Cr | 2 Cr | 2 Cr |
| Investments | — | — | 35 Cr | 14 Cr | 6 Cr | 0 Cr | 0 Cr | 0 Cr | 0.11 Cr | 18 Cr |
| Inventories | 116 Cr | 95 Cr | 84 Cr | 78 Cr | 123 Cr | 162 Cr | 166 Cr | 146 Cr | 195 Cr | 191 Cr |
| Trade receivables | 39 Cr | 50 Cr | 81 Cr | 75 Cr | 37 Cr | 79 Cr | 69 Cr | 67 Cr | 98 Cr | 106 Cr |
| Cash & bank | 4 Cr | 9 Cr | 4 Cr | 5 Cr | 12 Cr | 5 Cr | 7 Cr | 13 Cr | 47 Cr | 31 Cr |
| Other assets | 64 Cr | 98 Cr | 94 Cr | 87 Cr | 102 Cr | 75 Cr | 80 Cr | 82 Cr | 1,044 Cr | 1,091 Cr |
| Total assets | 409 Cr | 435 Cr | 470 Cr | 507 Cr | 546 Cr | 619 Cr | 639 Cr | 643 Cr | 1,787 Cr | 1,831 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 99 Cr | 60 Cr | 31 Cr | 43 Cr | 62 Cr | -30 Cr | 22 Cr | 63 Cr | 84 Cr | 31 Cr |
| Cash from investing | -14 Cr | -38 Cr | -37 Cr | -44 Cr | -43 Cr | -11 Cr | -41 Cr | -37 Cr | -20 Cr | -41 Cr |
| Cash from financing | -82 Cr | -14 Cr | 1 Cr | 0.58 Cr | -13 Cr | 34 Cr | 22 Cr | -19 Cr | -45 Cr | -5 Cr |
| Net cash flow | 4 Cr | 8 Cr | -5 Cr | -0.07 Cr | 7 Cr | -6 Cr | 1 Cr | 6 Cr | 19 Cr | -16 Cr |
| Free cash flow (OCF − Capex) | 85 Cr | 43 Cr | 2 Cr | -26 Cr | 11 Cr | -60 Cr | -19 Cr | 26 Cr | 63 Cr | 12 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 15.2% | 14.4% | 13.6% | 10.3% | 10.2% | 7.5% | 4.4% | 3.2% | -10.0% | 2.0% |
| ROE % | 9.0% | 9.3% | 9.1% | 8.3% | 7.2% | 5.6% | 3.1% | 2.1% | -7.6% | 1.4% |
| Debtor days | 18 | 22 | 36 | 33 | 15 | 32 | 30 | 32 | 40 | 25 |
| Inventory days | 104 | 83 | 73 | 66 | 87 | 101 | 107 | 116 | 130 | 83 |
| Days payable | 48 | 57 | 55 | 41 | 44 | 43 | 34 | 47 | 119 | 66 |
| Cash conversion cycle | 74 | 49 | 54 | 58 | 58 | 89 | 102 | 101 | 51 | 42 |
| OCF / EBITDA % | 162.7% | 91.4% | 48.4% | 73.4% | 100.1% | -55.0% | 49.5% | 183.1% | n.m. | 52.0% |
| OCF / EBITDA % (3 years) | — | — | 99.6% | 71.1% | 73.6% | 43.2% | 34.1% | 41.4% | 160.3% | 148.7% |
| Debt / equity | 0.06 | — | 0.00 | 0.0092 | — | 0.08 | 0.11 | 0.07 | — | — |
| Current ratio | 1.85 | 2.36 | 3.01 | 3.01 | 2.56 | 2.09 | 2.14 | 2.23 | 1.69 | 1.85 |
| Net debt / EBITDA | 0.23 | -0.13 | -0.07 | -0.02 | — | 0.61 | 1.00 | 0.60 | -1.79 | -0.53 |