March 19, 2024 - March 21, 2024

Chatha Foods IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Chatha Foods IPO.

Chatha Foods IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

Chatha Foods IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Chatha Foods IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is in frozen food processing and marketing. It supplies its products to QSRs and CDRs to renowned customers. It marked growth in bottom lines due to contribution from veg segment. Based on FY24 annualized super earnings, the issue appears fully priced. The management is confident of maintaining the tempo of growth with higher contribution from veg food section where they are expanding their operations. It will operate on B2B and B2C model post expansion. Investors may park funds for the medium to long term rewards. Read detail review...

Chatha Foods IPO Peer Comparison

Chatha Foods Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Financial statements
Chatha Foods Limited	1.48	1.48	17.54	37.76	14.54
Tasty Bite Eatables Ltd.	117.73		948.92	114.23	12.41

Notes:

Source - All the financial information for listed industry peer mentioned above is sourced from the audited financial results for the year ended March 31, 2023 and stock exchange data dated March 2, 2024 to compute the corresponding financial ratios. For our Company, we have taken Current Market Price as the issue price of equity share.

Further, P/E Ratio is based on the current market price of the respective scrips.
The EPS, NAV, RoNW and Total Income of our Company are taken as per Restated Financial Statements for the Financial Year 2022-23 as adjusted with the effect of Bonus Issue.
NAV per share is computed as the closing net worth divided by the closing outstanding number of paid up equity shares as adjusted with the effect of Bonus Issue.
P/E Ratio of the peer company is based on the audited financial results of the company for the financial year 2023 and stock exchange data March 2, 2024.
The RoNW has been computed by dividing net profit after tax (excluding exceptional items) with the average restated Net worth of beginning and the end of the year/ period.
Net worth has been computed in the manner as specifies in Regulation 2(1) (hh) of SEBI (ICDR) Regulations, 2018.
The face value of Equity Shares of our Company is ₹ 10 per Equity Share and the Issue Price is [●] times the face value of Equity Share.

Chatha Foods IPO Review by Members

Chatha Foods IPO Reviews, analysis and views by popular members. Read Chatha Foods Limited IPO reviews by retail investors to find recommended ipo to buy.

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Chatha Foods IPO Review Summary by Members

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