अApnaFunda

KOHINOOR FOODS LIMITED (KOHINOOR)

Process Industries · Agricultural Commodities/Milling · figures to Nov '26

Quality scoreHow the business itself ranks against its sector peers on profitability, 3-year growth and leverage. 50 is the middle of the sector.51 / 100
Profitability 9Growth 92

Passes these screensValue Pick

Share price

Closing priceAdjusted for splits and bonus issues.

₹28.44 latest close · +14.9% over the last 90 sessions

₹25₹30₹35Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹25₹30₹35Jul 3Sep 4Nov 9

₹28.44 month-end · −2.9% over 12 months

₹20₹25₹30₹35Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹20₹25₹30₹35Nov '25May '26Nov '26

₹28.44 month-end · −28.2% over 3 years

₹20₹30₹40₹50Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹20₹30₹40₹50Nov '23May '25Nov '26

₹28.44 month-end · −17.8% since Jan '19

₹0₹50₹100Jan '19Jun '20Sep '22Jan '24Jun '25Nov '26 ₹0₹50₹100Jan '19May '23Nov '26

52-week range ₹19.20 to ₹38.47 · 1-year volatility 45.4%

Was the rally earned?

-3%share price, 1 yearRoughly flat
  • The share price was roughly flat over 1 year (-3%).
  • The share count barely moved.
Net profit growth: −144 pts. Points of the price return explained by net profit growing (or shrinking).−144 ptsNet profit growthP/E change: +141 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+141 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: −3%−3%Share priceNet profit growth: −144 pts. Points of the price return explained by net profit growing (or shrinking).−144ProfitP/E change: +141 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+141P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −3%−3%Share price
Net profit growth-144 ptsNet profit fell about 77%, which lowers the price.
P/E change+141 ptsThe P/E rose from 0.3x to 1.2x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Not shown for 3 years and 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with PATANJALI FOODS

How rough has the ride been?

Maximum drawdown-87.4%recovered 2022-05
1-year volatility45.4%annualised

Drawdown from peak

0%−25%−50%−75%2020202120222023202420252026−87.2% 0%−25%−50%−75%2020202220242026−87.2%
Largest drawdowns

-87.4% (2019-01 peak to 2020-03 low, recovered 2022-05)

-83.9% (2022-06 peak to 2026-03 low, not yet recovered)

Where does it rank among Process Industries peers?

Each cell is the company's percentile rank among its Process Industries peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

  • ROCE7thflat vs a year ago
  • Op. margin12th▲ 4 pts vs a year ago
  • Revenue growth98th▲ 90 pts vs a year ago
  • EPS growth2nd
  • Cash cycle ↓94th▲ 10 pts vs a year ago
  • P/E ↓100th
  • 12M momentum59th▲ 22 pts vs a year ago

Rank history

ROCE
Op. margin
Revenue growth
EPS growth
Cash cycle ↓
P/E ↓
12M momentum
Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26
Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Process Industries sector page Watch it move against Process Industries in the Observatory

What is the price implying?

~-13%annual earnings growth implied by the price

At a P/E of 1.3x, the price would imply about −12.6%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Process Industries The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹28.44
P/E
1.2x
ROCE
-1.0%
Market Cap
₹106 cr
Revenue (TTM)
₹161 cr
P/S
0.7x
Operating Margin
1.8%
Promoter Holding
37.7%
12M Momentum
-2.9%

52-week range

₹19.20₹38.47
48% of the way from its 52-week low to its high

Price risk

1Y volatility
45.4%
Beta vs sector
1-year daily
1.02

Balance sheet & cash

Interest cover
operating profit ÷ interest
20.8x
Cash from profit, 3Y
operating cash flow ÷ net profit
-0.11x
low
Share count, 1Y
unchanged

Are profits backed by cash?

3 of 7checks within range3 beyond a threshold
Other income reliance116%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 116.3%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate0%Beyond threshold

Median quarterly effective tax rate over about 2.5 years: 0.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-0.11xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -0.11x (cash from operations ₹-47 cr, net profit ₹428 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow5 of 5 yrsWithin range

Fiscal years with positive free cash flow in the last 5: 5. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history+24 daysNear threshold

Debtor days are above the median of the previous three fiscal years by 24 days (79 vs 55). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress0% of fixed assetsWithin range

Capital work-in-progress is 0% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days-67 days / 2 yrsWithin range

Days payable changed by -67 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 2 years, institutional and promoter holdings were broadly unchanged.
  • The number of shareholders fell from 53,654 to 48,381 (-10%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters37.7%37.7%0.0 pts
FIIs0.0%0.0%0.0 pts
DIIs———
Public and others62.3%62.3%0.0 pts

Number of shareholders

48,381shareholders-10% since Dec '23
48k50k52k54k Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 53,654
Mar '24: 53,383
Jun '24: 51,159
Sep '24: 53,296
Dec '24: 53,428
Mar '25: 52,645
Jun '25: 51,600
Sep '25: 50,705
Dec '25: 49,845
Mar '26: 48,981
Jun '26: 48,381
48k50k52k54k Dec '23Dec '24Dec '25Jun '26
Dec '23: 53,654
Mar '24: 53,383
Jun '24: 51,159
Sep '24: 53,296
Dec '24: 53,428
Mar '25: 52,645
Jun '25: 51,600
Sep '25: 50,705
Dec '25: 49,845
Mar '26: 48,981
Jun '26: 48,381

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

+3.4%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 50 past situations where a non-financial company looked like KOHINOOR FOODS LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −16% to +72% vs the market, against −2% for all non-financial companies in the same months.
  • The gap against the base rate (+5.8%, 80% range −4.3% to +25.4%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
ORIENTALTL · Oct 2025: −54.4% vs market
VASCONEQ · Aug 2025: −42.4% vs market
ASHOKAMET · Oct 2024: −39.6% vs market
HGS · Aug 2022: −38.5% vs market
DVL · Jun 2025: −32.0% vs market
DTIL · Apr 2022: −29.0% vs market
GRAPHISAD · Jun 2025: −28.5% vs market
JAYSREETEA · Jun 2025: −23.4% vs market
AHLEAST · Jan 2024: −21.1% vs market
KCPSUGIND · Jun 2024: −21.1% vs market
GILLANDERS · Oct 2025: −18.4% vs market
KECL · Jun 2020: −17.3% vs market
MANAKSIA · Oct 2025: −17.2% vs market
DELTAMAGNT · Jun 2022: −14.0% vs market
PNBGILTS · Jan 2022: −12.5% vs market
ESTER · Jul 2021: −11.5% vs market
ANIKINDS · Jul 2022: −7.8% vs market
GHCLTEXTIL · Mar 2025: −7.0% vs market
GROBTEA · Mar 2025: −5.5% vs market
NATHBIOGEN · Jun 2024: −4.3% vs market
RKDL · Mar 2020: −4.3% vs market
PONNIERODE · Nov 2020: −3.3% vs market
KRITINUT · Apr 2025: −3.0% vs market
SMARTLINK · Aug 2023: −0.9% vs market
GOCLCORP · Jun 2023: +1.8% vs market
SOTL · Oct 2021: +5.1% vs market
JINDRILL · Mar 2020: +9.1% vs market
SALZERELEC · May 2021: +17.0% vs market
KHAITANLTD · Aug 2025: +20.0% vs market
SHAH · Feb 2025: +24.9% vs market
KARMAENG · Aug 2020: +25.6% vs market
RHL · May 2024: +28.9% vs market
MAWANASUG · Jun 2021: +32.4% vs market
ZUARIIND · Dec 2023: +38.7% vs market
TARMAT · Jun 2020: +49.7% vs market
MAGADSUGAR · Oct 2020: +57.9% vs market
WELENT · Dec 2023: +60.2% vs market
RELIABLE · Jul 2025: +75.3% vs market
SRHHYPOLTD · Jun 2020: +86.3% vs market
JKIL · Jun 2023: +88.5% vs market
SHREERAMA · Jul 2020: +91.5% vs market
IZMO · Aug 2020: +97.4% vs market
BALKRISHNA · Mar 2021: +97.6% vs market
TI · Feb 2021: +99.5% vs market
POCL · May 2024: +125.6% vs market
ADSL · Jun 2020: +127.1% vs market
EKC · Feb 2020: +165.8% vs market
REFEX · May 2024: +220.0% vs market
RENUKA · Apr 2021: +260.9% vs market
SHYAMCENT · Mar 2021: +286.0% vs market
Similar setups +3.4%All companies −2.4%← worse than the marketbetter than the market →

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 6 beyond the range shown, drawn at the edge

Similar setups' median
+3.4%
All companies' median
−2.4%
Beat the market
52% vs 47%

50 past situations · 50 companies · 33 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SMARTLINK
Electronic Technology
Aug 2023 9x2% +28%−6% −1%
SHAH
Non-Energy Minerals
Feb 2025 6x5% −13%−53% +25%
HGS
Commercial Services
Aug 2022 1x2% +9%−18% −39%
KECL
Producer Manufacturing
Jun 2020 2x1% +7%−25% −17%
GROBTEA
Consumer Non-Durables
Mar 2025 7x1% 0%−40% −6%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
IZMO
Technology Services
Aug 2020 4x6% +10%−16% +97%
KHAITANLTD
Consumer Durables
Aug 2025 7x— +10%−32% +20%
JAYSREETEA
Process Industries
Jun 2025 3x4% +1%−29% −23%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, P/S and drawdown from 12-month high. Not used (unavailable for this company): debt/equity. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to KOHINOOR FOODS LIMITED. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

FeatureWeightNon-financialFinancial
P/E1yesyes
P/S1yes—
P/B1—yes
ROCE1yes—
operating margin1yes—
ROE1—yes
debt/equity0.75yes—
interest cover0.5yes—
revenue growth0.75yesyes
12-month momentum1yesyes
drawdown from 12-month high0.75yesyes
size0.75yesyes
volatility0.5yesyes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

  • One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
  • Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
  • Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
  • Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
  • Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What changed?

12 events since Jan '20

  1. JunResultsEPS (TTM) turned positive.
  2. MarPriceFell 84% from the Jun 2022 peak to the Mar 2026 low.
  3. MarPeer rankSlipped to the bottom quartile of Process Industries on operating margin (from the top quartile).
  4. DecPeer rankMoved into the top quartile of Process Industries on operating margin (from the 2nd quartile).
  5. SepPeer rankMoved into the 2nd quartile of Process Industries on operating margin (from the 3rd quartile).
  6. JunResultsEPS (TTM) turned negative.
  7. JunPeer rankSlipped to the bottom quartile of Process Industries on ROCE (from the 3rd quartile).
  8. MayPriceRegained the 2019-01 peak, 26 months after the low.
Show 4 earlier events
  1. AprResultsEPS (TTM) turned positive.
  2. AprPeer rankMoved into the 3rd quartile of Process Industries on ROCE (from the bottom quartile).
  3. MarPriceFell 87% from the Jan 2019 peak to the Mar 2020 low.
  4. JanSharesShare count is up 5.7% over 12 months.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history95 months · 2019-01 to 2026-11
MonthP/ERevenue (TTM)ROCEDebt / Equity
2026-111.2x₹161 cr-1.0%—
2026-101.1x₹161 cr-1.0%—
2026-091.3x₹161 cr-1.0%—
2026-081.6x₹148 cr-1.0%—
2026-071.1x₹148 cr-1.0%—
2026-061.2x₹148 cr-1.0%—
2026-05—₹140 cr0.0%—
2026-04—₹140 cr0.0%—
2026-03—₹140 cr0.0%—
2026-02—₹104 cr0.0%—
2026-01—₹104 cr0.0%—
2025-12—₹104 cr0.0%—
2025-11—₹79 cr0.0%—
2025-10—₹79 cr0.0%—
2025-09—₹79 cr0.0%—
2025-08—₹86 cr0.0%—
2025-07—₹86 cr0.0%—
2025-06—₹86 cr0.0%—
2025-05—₹91 cr5.0%—
2025-04—₹91 cr5.0%—
2025-03—₹91 cr5.0%—
2025-02—₹95 cr5.0%—
2025-01—₹95 cr5.0%—
2024-12—₹95 cr5.0%—
2024-11—₹93 cr5.0%—
2024-10—₹93 cr5.0%—
2024-09—₹93 cr5.0%—
2024-08—₹95 cr5.0%—
2024-07—₹95 cr5.0%—
2024-06—₹95 cr5.0%—
2024-05—₹82 cr3.0%—
2024-04—₹82 cr3.0%—
2024-03—₹82 cr3.0%—
2024-02—₹82 cr3.0%—
2024-01—₹82 cr3.0%—
2023-12—₹82 cr3.0%—
2023-11—₹82 cr3.0%—
2023-10—₹82 cr3.0%—
2023-09—₹82 cr3.0%—
2023-08—₹82 cr3.0%—
2023-07—₹82 cr3.0%—
2023-06—₹82 cr3.0%—
2023-05—₹98 cr-2.0%—
2023-04—₹98 cr-2.0%—
2023-03—₹98 cr-2.0%—
2023-02—₹98 cr-2.0%—
2023-01—₹98 cr-2.0%—
2022-12—₹98 cr-2.0%—
2022-11—₹98 cr-2.0%—
2022-10—₹98 cr-2.0%—
2022-09—₹98 cr-2.0%—
2022-08—₹98 cr-2.0%—
2022-07—₹98 cr-2.0%—
2022-06—₹98 cr-2.0%—
2022-056.5x₹265 cr8.0%—
2022-042.4x₹265 cr8.0%—
2022-03————
2022-02————
2022-01————
2021-12————
2021-11————
2021-10————
2021-09————
2021-08————
2021-07————
2021-06————
2021-05—₹215 cr-4.0%—
2021-04—₹215 cr-4.0%—
2021-03—₹215 cr-4.0%—
2021-02—₹215 cr-4.0%—
2021-01—₹215 cr-4.0%—
2020-12—₹215 cr-4.0%—
2020-11—₹215 cr-4.0%—
2020-10—₹215 cr-4.0%—
2020-09—₹215 cr-4.0%—
2020-08—₹215 cr-4.0%—
2020-07—₹215 cr-4.0%—
2020-06—₹215 cr-4.0%—
2020-05—₹601 cr-32.0%—
2020-04—₹601 cr-32.0%—
2020-03—₹601 cr-32.0%—
2020-02—₹601 cr-32.0%—
2020-01—₹601 cr-32.0%—
2019-12—₹601 cr-32.0%—
2019-11—₹601 cr-32.0%—
2019-10—₹601 cr-32.0%—
2019-09—₹601 cr-32.0%—
2019-08—₹601 cr-32.0%—
2019-07—₹601 cr-32.0%—
2019-06—₹601 cr-32.0%—
2019-05—₹1018 cr1.0%419.0x
2019-04—₹1018 cr1.0%419.0x
2019-03—₹1018 cr1.0%419.0x
2019-02—₹1018 cr1.0%419.0x
2019-01—₹1018 cr1.0%419.0x

Methodology and data notes

Methodology

Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

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