Cremica Food Industries Limited
vs. prev. close ₹175
Market cap
₹1,032 Cr
IPO stage
No DRHP filed
CIN
U15400PB2013PLC037640
Price History
About Cremica Food Industries Limited
Cremica grew its top line 10.5% in FY25 to cross ₹319 crore, but profitability took a step back, with margins and operating cash flow both under pressure even as this long-established FMCG name keeps expanding its footprint.
Short Version :
Cremica Food Industries Limited is a Punjab-based FMCG company known for biscuits, bakery products, snacks, and sauces/condiments under the Cremica brand. FY25 consolidated revenue from operations grew 10.5% to ₹319.32 crore, but profitability declined, with net profit falling to ₹8.16 crore (FY25 EPS: ₹16.94) from ₹16.26 crore in FY24 (EPS: ₹20.48), as finance costs rose and operating cash flow turned negative for the year.
Why It Trades Where It Does :
The valuation reflects an established, multi-decade FMCG platform with real scale (₹332.54 crore in consolidated assets) set against a sharp profitability dip in FY25: return on equity fell from 15.07% to 7.04% even as the top line grew, and net cash from operating activities swung to -₹4.88 crore from +₹21.32 crore the prior year, largely on a working-capital build in receivables and other financial assets. The business carries low financial complexity (unmodified audit opinion, no qualifications) but is tightly held, with promoter Akshay Bector and affiliated entity Una Hills Private Limited together controlling over 90% of the ordinary equity.
Top Risk :
FY25 operating cash flow turned negative (-₹4.88 crore versus +₹21.32 crore in FY24), driven by a working-capital build in receivables and other financial assets — worth watching as a near-term liquidity signal
Net profit nearly halved year-on-year (₹8.16 crore versus ₹16.26 crore), with ROE declining from 15.07% to 7.04% despite revenue growth, indicating margin or cost pressure
A Compulsorily Convertible Preference Share class sits alongside ordinary equity, carrying potential future dilution for ordinary shareholders on conversion
Unlisted and closely held, with promoter and affiliate entities controlling over 90% of ordinary equity, limiting free float and price discovery
Top Opportunities :
Consolidated revenue from operations grew 10.5% in FY25 to ₹319.32 crore, continuing a multi-year growth trajectory for an established FMCG brand
Group structure includes a dedicated food-park subsidiary (Cremica Food Park Private Limited) and a manufacturing partnership (UNA Miricle Foods), adding capacity and category diversification within packaged foods
Institutional capital already present via a Mauritius-based preference shareholder (India Agri Business Fund-II Limited), signalling external investor validation
Operates in India's structurally growing packaged foods and snacking category, leveraging a multi-decade brand across biscuits, bakery, and sauces/condiments
Disclaimer :
Priveq.in is an informational platform for unlisted and pre-IPO shares, operated by Priveq Investech Private Limited (the named counterparty on transactions). Unlisted shares carry risks including illiquidity, valuation uncertainty, and limited regulatory disclosure. This page is informational only and does not constitute investment advice.
Company Details
Industry
FMCG
Founded
2013
Headquarters
Ludhiana, Punjab, India
Min Lot Size
500
Face Value
₹10.00
Total Shares
58979936
Regulatory Information
Corporate Identity Number (CIN)
U15400PB2013PLC037640
PAN Number
AAFCC3433K
ISIN
INE404T01016
Key Valuation Ratios
Valuation
Market Cap
₹1,032.15 Cr
P/E Ratio
126.42×
P/S Ratio
3.23×
P/B Ratio
8.90×
EV / EBITDA
33.10×
Returns & Per Share
ROE
7.04%
EPS
₹1.38
Book Value / Share
₹19.67
Solvency
Debt / Equity
0.96×
Interest Coverage
1.98×
Company Fundamentals
As of FY2025 Annual · updated 17 Oct 2026Gross Profit
₹134.58 Cr
EBITDA
₹34.46 Cr
Revenue Growth
10.49%
Profit Margin
2.56%
Performance Trends
2 annual periods · derived from filed statements
Revenue
₹ Cr
Net Profit
₹ Cr · losses in red
Earnings Per Share
₹ per share
Return on Equity
ROE %
Return on Capital Employed
ROCE %
Debt-to-Equity
0.96×
EBITDA Margin
10.79%
Interest Coverage
1.98×
Financial Statements
| Line item | FY2024 | FY2025 |
|---|---|---|
| Total Income | ||
| Revenue from operationsDisclosed | 289.01₹ Crore | 319.32₹ Crore |
| Other incomeDisclosed | 13.62₹ Crore | 3.5₹ Crore |
| Total IncomeDerived | 302.63₹ Crore | 322.82₹ Crore |
| Expenses | ||
| Cost of goods soldDisclosed | 164.4₹ Crore | 184.74₹ Crore |
| Purchases of stock-in-tradeDisclosed | 30.4₹ Lakh | 50.87₹ Lakh |
| Changes in inventoriesDisclosed | -6.66₹ Crore | -8.42₹ Crore |
| Employee benefits expenseDisclosed | 45.3₹ Crore | 47.3₹ Crore |
| Finance costsDisclosed | 10.31₹ Crore | 12.48₹ Crore |
| Depreciation and amortization expenseDisclosed | 10.25₹ Crore | 9.69₹ Crore |
| Manufacturing expensesDisclosed | 0₹ Crore | 0₹ Crore |
| Operating expensesDisclosed | 0₹ Crore | 0₹ Crore |
| Other expensesDisclosed | 63.88₹ Crore | 64.23₹ Crore |
| Total ExpensesDerived | 287.78₹ Crore | 310.53₹ Crore |
| Profit | ||
| Exceptional itemsDisclosed | 0₹ Crore | 0₹ Crore |
| Profit before taxDerived | 14.85₹ Crore | 12.29₹ Crore |
| Current tax expenseDisclosed | 58.2₹ Lakh | 3.25₹ Crore |
| Deferred tax expenseDisclosed | -1.99₹ Crore | 87.04₹ Lakh |
| Tax expenseDisclosed | -1.41₹ Crore | 4.12₹ Crore |
| Profit After TaxDerived | 16.26₹ Crore | 8.16₹ Crore |
| Other comprehensive incomeDisclosed | 2.21₹ Lakh | -8₹ Lakh |
| Total Comprehensive IncomeDerived | 16.28₹ Crore | 8.08₹ Crore |
Express buy interest
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Current Price
₹175Secure & Verified Transaction
Unlisted shares are illiquid and carry higher market risks. Please read the Risk Disclosure before investing.
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About Cremica Food Industries Limited unlisted shares
Indicative · updated dailyCremica Food Industries Limited unlisted share price today
Cremica Food Industries Limited unlisted share price today is ₹175 as of 17 October 2026.
Cremica Food Industries Limited — frequently asked questions
- What is the grey market price for Cremica Food Industries Limited?
No IPO is currently announced for Cremica Food Industries Limited, so no grey market exists; the price above reflects Priveq's own desk valuation.
- Has Cremica Food Industries Limited filed for an IPO, and when might it list?
Cremica Food Industries Limited has not filed a draft red herring prospectus, so no IPO is currently announced and no listing date has been set.
- How does Cremica Food Industries Limited compare to its listed peers?
There is no closely comparable listed company for Cremica Food Industries Limited in India today.
- Is Cremica Food Industries Limited on the SME or Mainboard IPO track?
Cremica Food Industries Limited has not filed a draft red herring prospectus, so no IPO track is set yet.
- What is Cremica Food Industries Limited's CIN and registered office?
Cremica Food Industries Limited's Corporate Identity Number is U15400PB2013PLC037640, registered at Ludhiana, Punjab, India.
- What is Cremica Food Industries Limited's market capitalisation?
Cremica Food Industries Limited's market capitalisation is approximately ₹1,032 crore, based on its current unlisted share price.
More in FMCG
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Submit an Express Sell Interest for Cremica Food Industries Limited through your Priveq dashboard, specifying quantity, the same way a buy order is placed. Priveq quotes you a bid price, which may differ from the live Buy price shown to buyers, since unlisted-share pricing works on a bid-ask basis rather than a single quote. Once you accept, you'll need to provide your Client Master List (CML), a cancelled cheque or bank details, and PAN. If you hold shares with CDSL, transfer can also be completed digitally via CDSL Easiest. You transfer Cremica Food Industries Limited shares to Priveq first, and payment follows once the transfer is confirmed received, typically the same day, T+1, or occasionally T+2, communicated to you directly. For sizeable transactions worth crores of rupees, an escrow arrangement can be used instead, at the sole consent of both parties.
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Minimum investment varies by company and is shown as the Min Investment figure on this page. Cremica Food Industries Limited's minimum is ₹87,500.
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Cremica Food Industries Limited has not filed a DRHP yet, so no listing date or lock-in period applies at this stage. Once an IPO is filed, this answer updates to reflect the applicable SME or Mainboard lock-in.
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- How are capital gains on Cremica Food Industries Limited unlisted shares taxed?
If you sell unlisted shares, including Cremica Food Industries Limited, within 24 months of purchase, the gain is taxed as short-term capital gain at your applicable income tax slab rate. Beyond 24 months, it is taxed as long-term capital gain at 12.5 percent, without indexation benefit, under the rules effective from 23 July 2024. If Cremica Food Industries Limited lists and you sell after listing, the applicable tax treatment shifts to listed-security rates, with the holding period still measured from your original unlisted purchase date. This is general information, not tax advice; investors should confirm their specific position with a tax advisor.
- Can NRIs invest in Cremica Food Industries Limited unlisted shares?
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