MEGASTARFast Moving Consumer Goods

Megastar Foods Limited

Other Food Products · ISIN INE00EM01016 · BSE 541352 · NSE EQ · FV ₹10
Last price
₹297
+0.87%today
What this company does

Megastar Foods Limited operates in Other Food Products, part of the Fast Moving Consumer Goods sector. It booked ₹137 cr of revenue in its latest quarter (Q2 FY27) and kept 1.8% of sales as profit. It is the 6th largest of 7 Other Food Products companies we track, by market value.

“The Company is primarily engaged in the manufacturing of food-based products such as wheat flour and allied flour products like refined flour (Maida), Semolina (suji), Bran etc.”
Their stated vision

“to be a key contributor to the health industry while making a meaningful difference in the lives of India’s backbone: the farming community.”

Their stated mission

“is to weave health and nutrition into the staple diet of more than half the world’s population.”

In the report:
51out of 100
Equitytale Health Score
Mixed

Healthier than 51% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 89–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
57

At close. Not part of the score.

Profitability & returns41

How much profit it earns on the money it employs

Balance sheet15

How much it owes, and whether earnings cover the interest

Cash quality75

Whether reported profit actually arrives as cash

Growth & consistency67

Whether sales and profit have grown, and how steadily

Valuation41

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Profit up 6% vs last year
✓ Promoters hold 61%
✓ No promoter shares pledged
Watch-outs
! Thin 1.8% net margin
! Carries high debt (D/E 1.8)
! Operating cash flow is negative

What if I invest in MEGASTAR?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹297▲ +0.87%
latest close · 2026-11-04
52-wk low ₹103165 sessions so far52-wk high ₹363
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio33.1High
LowAverageHigh
P/B ratio3.11High
Below bookModerateHigh
EV / EBITDA15.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity9.4%Fair
WeakFairStrong ▸15%
Return on capital15.0%Fair
WeakFairStrong
Net margin1.8%Thin
ThinDecentStrong
EBITDA margin6.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.75High
LowModerateHigh ▸1
Interest cover2.2×Okay
RiskyOkayStrong ▸5×
Current ratio1.12Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹335 cr
Book value
₹95
EPS
₹2.24
latest quarter
Net debt
₹186 cr
owes more than its cash
Enterprise value
₹521 cr
EBITDA
₹35 cr
annualised
EBIT
₹25 cr
annualised
Operating margin
4.6%
Return on assets
2.8%
Earnings yield
3.02%
P/S
0.61
Sales / share
₹486.2
Tax rate
25.5%
Face value
₹10
Shares
1.1 cr
Working capital
₹24 cr
Current assets
₹221 cr
Current liabilities
₹198 cr
Delivery %
74.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹40–₹120, midpoint ₹110

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹137 cr
Other Income₹11.3 L
Total Income₹137 cr
Cost of Materials₹99 cr
Purchases of Stock-in-Trade₹16 cr
Inventory Change (±)₹4 cr
Employee Benefit Expense₹3 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹2 cr
Other Expenses₹6 cr
Total Expenses₹134 cr
Profit before Tax₹3 cr
Tax Expense₹86.7 L
Net Profit₹3 cr
Net margin on total income1.8%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹119 cr86.9%
Employee benefit expense₹3 cr2.3%
Finance costs₹3 cr2.1%
Depreciation & amortisation₹2 cr1.7%
Other expenses₹6 cr4.5%
Tax expense₹86.7 L0.6%
Profit for the period₹3 cr1.8%
Total income ₹137 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue146 cr133 cr137 cr
Total income146 cr133 cr137 cr
Expenses143 cr130 cr134 cr
Profit before tax3 cr3 cr3 cr
Tax83.3 L81.5 L86.7 L
Net profit (owners' share)2 cr2 cr3 cr
Net margin (owners' share, on revenue)1.5%1.7%1.8%
EPS (₹)1.981.982.24
YoY (latest quarter): total income -0.5% · net profit +6.4%
Balance sheet & cash flow · as of Sep 2026
High debt
Total assets
₹367 cr
Shareholder equity
₹108 cr
parent shareholders
Total debt
₹188 cr
Cash
₹2 cr
Cash flow · H1 FY27
Operating
₹-49 cr
Investing
₹-43.7 L
Financing
₹52 cr
Peer comparison
Other Food Products · by market value
CompanyPriceMarket capP/E
EID Parry India Limited₹628₹24,566 cr19.7
Manorama Industries Limited₹1,841₹10,994 cr35.0
Orkla India Limited₹527₹7,216 cr20.6
Krishival Foods Limited₹344₹793 cr35.8
Hexagon Nutrition Limited₹57₹706 cr21.4
Megastar Foods Limitedthis company₹294₹332 cr32.8
Sanwaria Consumer Limited₹0₹14 cr—
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
No pledge
Promoter
61.5%
FII / Foreign
6.2%
DII / Domestic
1.4%
Retail / others
30.9%
Smart-money activity
Insider trades
BoughtVikas Goel · Promoters60,000 · ₹2.0 cr31 Jan 24
BoughtVikas Gupta · Promoters40,000 · ₹1.3 cr31 Jan 24
BoughtVikas Goel · Promoters60,000 · ₹2.0 cr31 Jan 24
Bulk / block deals
BoughtACCOR GROWTH FUND-SERIES I · NSE80,000 @ ₹287.9912 Oct 26
SoldWEALTH 4 U HOSPITALITY CONSULTANCY PRIVATE LIMITED · NSE91,296 @ ₹315.111 Jun 26
BoughtWEALTH 4 U HOSPITALITY CONSULTANCY PRIVATE LIMITED · NSE91,296 @ ₹313.1611 Jun 26
Stake changes
SoldBeeline Capital Advisors Private Limited→ 0.00% · 7.99 L3 Feb 25
BoughtBeeline Capital Advisors Private Limited→ 7.08% · 7.99 L3 Feb 25
BoughtBeeline Capital Advisors Private Limited→ 7.08% · 2.90 L30 Jan 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 23 Sep 2026
See the official result
1
To consider, approve and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended 31st March 2026 and the reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1.39 L votes for, 2 against
2
To appoint a director in place of Mr. Vikas Goel (DIN: 05122585) who retires by rotation and being eligible, offers himself for re-appointment as a director.
Backed by 100% of shareholders other than promotersneeded 50%
1.39 L votes for, 3 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 61.5% between them · as of 2026-09-30
VIKAS GOEL22.96%
VIKAS GUPTA19.66%
PANKAJ GOEL9.93%
SAT PAL GUPTA2.68%
SHIVANI GUPTA2.32%
INDIRA RANI2.14%
MUDIT GOYAL1.78%
Business done with them
FY2026 · 2 of the group
The company paid ₹7 cr to companies in the promoter group last year — about 1.4% of its ₹533 cr revenue and received ₹7 cr back from them.
Vikas Gupta
Other payments to them · Salary
also owns 19.66% of the company
₹6 cr
company paid
Vikas Gupta
Other income from them · Salary
also owns 19.66% of the company
₹4 cr
company received
Vikas Goel
Other income from them · Loans; Interest; Salary
also owns 22.96% of the company
₹3 cr
company received
Vikas Goel
Other payments to them · Loans; Interest; Salary
also owns 22.96% of the company
₹2 cr
company paid

The company also transacted with 13 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.