Authum Investment Increases Stake in ADF Foods to 14.83% During Q3 FY 2025

ADF Foods announced that investor Authum Investment has increased its stake in the company by 0.71% during the third quarter of FY25. With this addition, Authum Investment’s total shareholding in ADF Foods now stands at 14.83%.

Stock Performance 

On January 09, 2025, ADF Foods share price traded 0.34% higher at ₹282.35 at 3:08 PM (IST), while the BSE benchmark Sensex plunged 544.96 points to 77,197.30. ADF Foods share price reached a 52-week high of ₹352.50 on December 16, 2024, and a 52-week low of ₹178.55 on March 03, 2024. As per BSE, the total traded volume for the stock stood at 7407 shares with a turnover of ₹21.01 lakh.

At the current price, ADF Foods shares are trading at a price-to-earnings (P/E) ratio of 36.80x, based on its trailing 12-month earnings per share (EPS) of ₹7.65, and a price-to-book (P/B) ratio of 6.58, according to exchange data.

Shareholding Details

As of December 31, 2024, Foreign Institutional Investors (FIIs) held a 9.55% stake in ADF Foods, while Domestic Institutional Investors (DIIs) owned 8.81%, and the promoter 36.17%.

About ADF Foods

ADF Foods, a global leader in food processing, began its journey in the 1960s with a small retail outlet at Mumbai’s Flora Fountain, also known as Hutatma Chowk, selling speciality dried fruits. Over nine decades, the company has evolved into one of the largest food processing companies worldwide, with advanced manufacturing units, a robust distribution network, and a diverse portfolio of over 400 products across eight brands.

Serving 55 countries through a network of 180+ distributors, ADF Foods offers a wide range of ethnic cuisines, including Indian, Middle Eastern, Mediterranean, and global flavours. Its product lineup spans from masala pastes and pickles to parathas and plant-based foods, catering to a vast consumer base. ADF Foods also operates a U.S.-based subsidiary that focuses on Mexican and plant-based foods, as well as agency distribution.

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