MFFL Mitchells Fruit Farms Limited

Mitchells Fruit Farms Limited (MFFL) financial ratios

Mitchells Fruit Farms Limited earned a net margin of 0.1% in FY2026 against a five-year average of -1.9% (Food & Personal Care Products median 3.0%). Return on equity was 0.4%, compared with a sector median of 12.0%. The current ratio stood at 1.50× and debt was 51.0% of equity. Cash took about 91 days to cycle through receivables, inventory and payables.

FY2026 vs the Food & Personal Care Products median

Gross margin: 27.9%; Sector median 20.8%
Operating margin: -6.1%; Sector median 7.3%
Net margin: 0.1%; Sector median 3.0%
Return on equity (ROE): 0.4%; Sector median 12.0%
Return on assets (ROA): 0.1%; Sector median 4.5%
Current ratio: 1.50×; Sector median 1.21×
Debt to equity: 51.0%; Sector median 31.9%
Asset turnover: 1.32×; Sector median 1.30×
Dividend payout ratio: 0.0%; Sector median 8.4%

Median of the 25 companies in the sector with the figure for their latest fiscal year.

MFFL financial ratios (annual) (Rs mn)
Rs mn	FY2026 * Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 * Jul 2020 – Jun 2021	FY2020 Oct 2019 – Sep 2020	FY2019 Oct 2018 – Sep 2019	FY2018 Oct 2017 – Sep 2018	FY2017 Oct 2016 – Sep 2017	FY2016 Oct 2015 – Sep 2016	FY2015 Oct 2014 – Sep 2015	FY2014 Oct 2013 – Sep 2014	FY2013 Oct 2012 – Sep 2013	FY2012 Oct 2011 – Sep 2012	FY2011 Oct 2010 – Sep 2011	FY2010 * Oct 2009 – Sep 2010	FY2009 * Oct 2008 – Sep 2009	FY2008 * Oct 2007 – Sep 2008	FY2007 * Oct 2006 – Sep 2007
Profitability
Gross margin	27.9%	28.9%	29.9%	25.8%	8.1%	—	20.9%	21.9%	15.5%	23.7%	23.4%	23.8%	26.8%	25.8%	24.4%	21.9%	22.0%	18.7%	18.3%	18.5%
EBITDA margin	(4.2%)	6.5%	10.4%	2.4%	(20.7%)	—	3.7%	3.0%	(15.0%)	3.7%	5.5%	7.1%	9.9%	11.0%	10.3%	9.3%	9.4%	7.1%	6.3%	9.2%
Operating margin	(6.1%)	4.5%	8.2%	0.3%	(23.0%)	—	1.7%	0.6%	(18.0%)	1.0%	1.6%	3.4%	7.3%	9.2%	8.5%	7.6%	7.2%	4.7%	3.8%	6.6%
Pre-tax margin	(0.1%)	0.3%	17.4%	(2.2%)	(23.5%)	—	(1.3%)	(2.6%)	(19.5%)	(0.6%)	0.1%	1.5%	6.1%	9.0%	8.1%	6.0%	5.0%	1.5%	1.3%	4.6%
Net margin	0.1%	0.1%	17.3%	(2.2%)	(25.0%)	—	(2.6%)	(4.0%)	(18.0%)	(1.6%)	(0.7%)	1.6%	5.5%	6.4%	5.7%	4.1%	5.0%	1.5%	0.9%	2.9%
Effective tax rate	—	76.7%	0.7%	—	—	—	—	—	—	—	678.4%	(4.7%)	10.1%	29.2%	28.9%	32.1%	0.0%	0.0%	31.9%	36.2%
Returns
Return on equity (ROE)	0.4%	0.3%	123.9%	(34.2%)	—	—	(55.2%)	(47.7%)	(82.3%)	(5.9%)	(2.2%)	4.7%	19.6%	27.9%	27.5%	22.1%	24.0%	7.0%	3.4%	10.2%
Return on assets (ROA)	0.1%	0.1%	27.4%	(3.6%)	—	—	(4.1%)	(5.6%)	(19.1%)	(2.1%)	(0.9%)	2.0%	9.2%	15.2%	13.7%	10.3%	10.0%	2.6%	1.4%	4.8%
Return on invested capital (ROIC)	—	1.8%	61.8%	—	—	—	—	—	—	—	(21.1%)	6.7%	16.4%	24.0%	22.6%	19.6%	27.1%	21.6%	10.3%	12.4%
Liquidity
Current ratio	1.50×	1.16×	1.14×	0.72×	0.72×	—	0.65×	0.65×	0.68×	0.96×	1.01×	1.24×	1.36×	1.81×	1.52×	1.33×	1.25×	0.98×	0.97×	1.21×
Quick ratio	0.82×	0.59×	0.57×	0.29×	0.36×	—	0.34×	0.35×	0.26×	0.47×	0.45×	0.59×	0.53×	0.61×	0.29×	0.31×	0.36×	0.31×	0.22×	0.43×
Leverage
Debt to equity	51.0%	105.5%	70.3%	429.9%	286.4%	—	1,023.6%	636.9%	407.1%	134.4%	109.6%	91.9%	85.0%	18.7%	32.9%	43.1%	54.4%	114.0%	119.2%	69.6%
Debt to capital	33.8%	51.3%	41.3%	81.1%	74.1%	—	91.1%	86.4%	80.3%	57.3%	52.3%	47.9%	45.9%	15.7%	24.7%	30.1%	35.2%	53.3%	54.4%	41.0%
Debt to assets	22.4%	30.7%	24.3%	38.1%	35.3%	—	55.1%	59.9%	57.1%	43.1%	41.9%	38.4%	35.1%	10.5%	17.3%	20.3%	25.4%	42.3%	43.1%	31.6%
Assets to equity	2.68×	3.16×	4.52×	9.42×	—	—	13.57×	8.45×	4.30×	2.86×	2.50×	2.41×	2.12×	1.83×	2.00×	2.13×	2.40×	2.73×	2.48×	2.13×
Efficiency
Asset turnover	1.32×	1.44×	1.59×	1.67×	—	—	1.55×	1.40×	1.06×	1.27×	1.21×	1.22×	1.67×	2.40×	2.39×	2.53×	1.99×	1.73×	1.60×	1.63×
Receivable days days	72	65	47	42	—	—	50	47	66	64	64	56	34	17	13	12	13	14	15	14
Inventory days days	132	121	112	95	—	—	77	98	125	107	107	110	99	83	88	75	88	103	107	96
Payable days days	112	109	118	124	—	—	71	65	68	36	18	19	21	27	33	20	14	19	28	26
Cash conversion cycle days	91	78	40	12	—	—	55	79	122	136	154	147	113	72	69	67	87	99	94	84
Dividends
Dividend payout ratio	0.0%	0.0%	0.0%	—	—	—	—	—	—	—	—	72.7%	36.6%	35.7%	34.9%	48.0%	29.1%	54.4%	56.4%	39.7%
Earnings retention rate	1.00×	1.00×	1.00×	—	—	—	—	—	—	—	—	0.27×	0.63×	0.64×	0.65×	0.52×	0.71×	0.46×	0.44×	0.60×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

MFFL: frequently asked questions

What is MFFL's EPS?

Mitchells Fruit Farms Limited reported basic earnings per share of Rs 0.14 for FY2026 (Jul 2025 – Jun 2026).

What is MFFL's P/E ratio?

At the closing price of Rs 161.94 on 16 Oct 2026, MFFL trades at a P/E of 1,134.2× based on EPS of Rs 0.14 (FY2026).

Does MFFL pay dividends?

Mitchells Fruit Farms Limited did not declare a cash dividend for FY2026.

What was MFFL's revenue and profit in FY2026?

Mitchells Fruit Farms Limited reported revenue of Rs 3.0 bn and profit attributable to shareholders of Rs 3.3 mn for FY2026 (Jul 2025 – Jun 2026).

What is MFFL's book value per share?

Mitchells Fruit Farms Limited's book value per share was Rs 43.00 at the end of FY2026. The shares trade at 3.77× book value.

Information only, not investment advice.