Orkla India share price
NSE: ORKLAINDIABSE: 544595Food ProductsSmall Cap
Orkla India Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 2025 · Issue price ₹730
Last close ₹526.15up ₹17.20 (3.38%)BSE ₹527.60
Share price at the NSE close on 29 Oct 2026. Previous close ₹508.95.
29 Oct: open ₹507.00, high ₹533.35, low ₹507.00
Range of traded prices from listing on 6 Nov 2025 to 29 Oct 2026
₹503.50Low, 26 Oct 2026₹760.00High, 6 Nov 2025
- Next results date: the board meets on 4 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹7,208 Cr619th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 24.48
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.62
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Nov 2025
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record.
- 10.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 13.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 51,11448.3% delivered
About Orkla India
Orkla India Limited is a Bengaluru-based food company that makes spices and convenience foods, including ready-to-cook and ready-to-eat meals, under the brands MTR, Eastern and Rasoi Magic.1 Its core markets are Karnataka, Kerala, Andhra Pradesh and Telangana, and overseas it serves mainly the Indian diaspora.23
The business spans pure spices, blended spices and convenience foods, which cover breakfast, sweets and meals.45 The MTR brand was established in 1924 and Eastern in 1983, and Orkla ASA entered the Indian market in 2007 through the acquisition of MTR.6 The company bought a 67.8% stake in Eastern Condiments in 2021 and merged with it in 2023, and it acquired Rasoi Magic in 2012.7 Its shares were listed on the BSE and NSE in November 2025 through an initial public offering that was entirely an offer for sale (existing shareholders selling their shares).8
It is a subsidiary of Orkla Asia Pacific Pte. Ltd., Singapore, which is a subsidiary of Orkla Asia Holdings AS, Norway, wholly owned by Orkla ASA.9 Orkla ASA is an industrial investment company focused on branded and consumer-oriented businesses, listed on the Oslo Stock Exchange.10
Orkla India key points
Results
- In the year to Mar 2026, consolidated revenue from operations was ₹25,091.4 million, up 4.8%. EBITDA (operating profit before interest, tax, depreciation and amortisation, as the company calculates it) was ₹4,240.9 million, a 16.9% margin, and net profit was ₹2,856.7 million, up 11.7%.11
- In the quarter to Jun 2026, consolidated revenue from operations was ₹659 crore, up 10.4% from a year earlier. EBITDA was ₹115 crore, up 3.0%, and profit after tax before exceptional items was ₹87 crore, up 9.7%.12
- Consolidated sales volume grew 5.9% in the year to Mar 2026, the highest in the last 4 years, and 1.7% in the quarter to Jun 2026, or 4.4% excluding Kerala.131415
- No production linked incentive (PLI, a government payment tied to sales growth) income was recognised in the year to Mar 2026. On a like-for-like basis excluding PLI, EBITDA grew 12.4% in that year.16
Market position
- Eastern is the No. 1 Indian spice brand in the UAE by household penetration (the share of households buying it), measured as a moving annual total (MAT) to Oct 2025.1718
- The company says that, as recognised by the Indian Spice Board, it has been India's largest exporter of branded spices for 24 consecutive years.19
Business segments
- Revenue by category, year to Mar 20262021
Item year to Mar 2026 Spices ₹16,172.5 million Convenience foods ₹8,756.5 million - In the year to Mar 2026, spices revenue grew 3.0% on volume growth of 6.4%, and convenience foods revenue grew 11.1%, with ready-to-eat sweets revenue up 44.5%.22
- In the quarter to Jun 2026, spices revenue grew 11.3% year on year and convenience foods revenue grew 11.9%.23
Where revenue comes from
- Share of revenue, year to Mar 202624South India contributed around 69.5% of total revenues.
Item year to Mar 2026 Domestic 79.0% International 21.0% - In the year to Mar 2026, International Business revenue grew 7.5%, and the Gulf Cooperation Council (GCC) region accounted for 72.3% of the International Business. The company sells in 45 countries, with key markets including GCC, USA, Canada, UK, Australia and New Zealand.2526
- In the quarter to Jun 2026, international business revenue grew 10.1%, led by 18.1% growth in the GCC region.27
Plants and capacity
- As of Jun 2026, the company had 8 in-house factories and 22 outsourced manufacturing units. The factories are at Bommasandra, Hennagara (both Bengaluru), Tumkur, Kothamangalam, Adimali (Unit I and Unit II), Guntur and Ramganjmandi.2829
- The company's Vannapuram facility in Idukki, Kerala was shut down effective 30 Jun 2025.30
Distribution and digital commerce
- In the year to Mar 2026, digital commerce revenue grew 38.0% and was 8.7% of domestic revenues, against 6.6% a year earlier. In the quarter to Jun 2026, digital commerce grew 38.1%, and its contribution to domestic revenues rose from 7.2% to 8.9%.3132
- In its annual report for the year to Mar 2026, the company said MTR is present in approximately 75% of the about 303,000 retail outlets stocking blended spices (spice mixes) in Karnataka, and Eastern in approximately 66% of the about 94,000 such outlets in Kerala.33
- The company is restructuring Eastern's distribution in Kerala. As of its call on 4 Aug 2026, the foods part, launched in February 2026, was substantially completed in June 2026, and the standalone modern trade (independent supermarkets) and spices parts were in planning and pilot phases.34
What the company expects
- On its earnings call of 4 Aug 2026, the company said its ambition is to deliver double-digit growth, with volume growth the single most important driver. It said it does not give forward-looking guidance.3536
- On its earnings call of 4 Aug 2026, the company said it is difficult to confirm eligibility for the production linked incentive (PLI) in the year to Mar 2027, the last year of the scheme.37
Litigation and regulatory matters
Last updated
All 39 sources, each with its page
- 1. Annual report, 25 Jul 2026, page 7
- 2. Annual report, 25 Jul 2026, page 8
- 3. Annual report, 25 Jul 2026, page 7
- 4. Annual report, 25 Jul 2026, page 71
- 5. Annual report, 25 Jul 2026, page 29
- 6. Annual report, 25 Jul 2026, page 15
- 7. Annual report, 25 Jul 2026, page 15
- 8. Annual report, 25 Jul 2026, page 15
- 9. Annual report, 25 Jul 2026, page 47
- 10. Annual report, 25 Jul 2026, page 6
- 11. Annual report, 25 Jul 2026, page 73
- 12. Investor presentation, 4 Aug 2026, page 21
- 13. Annual report, 25 Jul 2026, page 73
- 14. Investor presentation, 4 Aug 2026, page 21
- 15. Earnings call, 4 Aug 2026, page 5
- 16. Annual report, 25 Jul 2026, page 73
- 17. Investor presentation, 4 Aug 2026, page 6
- 18. Annual report, 25 Jul 2026, page 15
- 19. Annual report, 25 Jul 2026, page 23
- 20. Annual report, 25 Jul 2026, page 71
- 21. Annual report, 25 Jul 2026, page 72
- 22. Annual report, 25 Jul 2026, page 46
- 23. Earnings call, 4 Aug 2026, page 8
- 24. Annual report, 25 Jul 2026, page 72
- 25. Annual report, 25 Jul 2026, page 46
- 26. Annual report, 25 Jul 2026, page 8
- 27. Earnings call, 4 Aug 2026, page 7
- 28. Investor presentation, 4 Aug 2026, page 28
- 29. Annual report, 25 Jul 2026, page 95
- 30. Annual report, 25 Jul 2026, page 95
- 31. Annual report, 25 Jul 2026, page 46
- 32. Earnings call, 4 Aug 2026, page 7
- 33. Annual report, 25 Jul 2026, page 31
- 34. Earnings call, 4 Aug 2026, page 6
- 35. Earnings call, 4 Aug 2026, page 13
- 36. Earnings call, 4 Aug 2026, page 18
- 37. Earnings call, 4 Aug 2026, page 15
- 38. Exchange filing, 6 Jan 2026, page 1
- 39. Exchange filing, 6 Jan 2026, page 2
Results
Consolidated; ₹ crore.Orkla India quarterly results
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹659 Crup 5.32%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹88 Crup 19.43%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 13.3%
Revenue by quarter
Peak revenue ₹659 Cr, quarter to Jun 2026; lowest ₹597 Cr, quarter to Jun 2025
Net profit by quarter, a loss in red
| ₹ crore | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 597 | 650 | 636 | 626 | 659 |
| Net profit | 79 | 77 | 57 | 73 | 88 |
| Net margin | 13.2% | 11.8% | 8.9% | 11.7% | 13.3% |
Consolidated. The 5 quarters from Jun 2025, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026
- Revenue
- ₹2,509 Cr
- Net profit
- ₹286 Cr
- Net margin
- 11.4%
| ₹ crore | Mar 2026 |
|---|---|
| Revenue | 2,509 |
| Net profit | 286 |
| Net margin | 11.4% |
Consolidated. Years to March. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Food products and beverages, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Orkla India PE ratio and valuation
Price to book
At or below today's level on 2% of 237 trading days since Nov 2025.
LowestHighest
Its median3.04Industry median1.94
Mutual fund holdings
14 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 5 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 14 funds holding Orkla India
- AddedAdded. Funds that held more shares than at the end of the month before.
- 2
- CutCut. Funds that held fewer shares than at the end of the month before.
- 3
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 9
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 8
| Fund | |||
|---|---|---|---|
 Nippon India Small Cap FundNippon India Mutual Fund | 80,91,739 | 0.54% | ₹439.4 Cr |
 Aditya Birla Sun Life Consumption FundAditya Birla Sun Life Mutual Fund | 8,05,157 | 0.77% | ₹43.7 Cr |
 Bank of India Small Cap FundBank of India Mutual Fund | 3,11,314 | 0.46% | ₹16.9 Cr |
| Aditya Birla Sun Life MNC FundAditya Birla Sun Life Mutual Fund | 2,80,886 | 0.50% | ₹15.3 Cr |
| Nippon India Consumption FundNippon India Mutual Fund | 1,96,446 | 0.47% | ₹10.7 Cr |
 WhiteOak Capital Flexi Cap FundWhiteOak Capital Mutual Fund | 1,68,964 | 0.10% | ₹9.17 Cr |
| WhiteOak Capital Multi Cap FundWhiteOak Capital Mutual Fund | 1,32,490 | 0.17% | ₹7.19 Cr |
| WhiteOak Capital Mid Cap FundWhiteOak Capital Mutual Fund | 1,06,510 | 0.08% | ₹5.78 Cr |
 LIC MF Consumption FundLIC Mutual Fund | 91,692 | 1.17% | ₹4.98 Cr |
| WhiteOak Capital Multi Asset Allocation FundWhiteOak Capital Mutual Fund | 49,391 | 0.03% | ₹2.68 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Orkla India insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Orkla India competitors and peers
Other Food Products, 44 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Orkla India in market cap.FMCG companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Manorama IndustriesMANORAMA | 11,561 | 45.05 | – | +59.8% | +79.2% | 45.0% | 35.6% | 0.04% |
 EID Parry IndiaEIDPARRY | 11,152 | 23.99 | 1.27 | +15.6% | −55.0% | 5.6% | 14.4% | 0.00% |
 Shri Ahimsa NaturalsSHRIAHIMSA | 965 | 33.16 | 4.99 | +28.7% | +32.9% | 16.7% | – | 0.00% |
 Krishival FoodsKRISHIVAL | 922 | – | 4.79 | – | – | – | 9.9% | 0.10% |
 Freshara Agro ExportsFRESHARA | 903 | 24.08 | 5.16 | – | – | 21.4% | – | 0.00% |
 Apis IndiaAPIS | 715 | – | 3.60 | +5.6% | – | – | 11.7% | 0.00% |
 Hexagon NutritionHEXAGON | 705 | – | – | – | – | – | – | 0.52% |
 Pajson Agro IndiaPAJSON | 680 | 27.43 | 5.00 | – | – | 18.2% | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Orkla India announcements
Oct 2026
27 Oct · General Updates
23 Oct · Disclosure
22 Oct · Analysts
Orkla India share price by year
Each calendar year to 2025.Orkla India share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 634.95 | – | 713.65 | 596.65 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 6 Nov 2025.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 524.45 | 524.45 | 505.10 | 508.95 | 508.70 | 1,14,163 | 75.2% |
| 27 Oct 2026 | 518.00 | 534.35 | 518.00 | 524.70 | 527.61 | 30,558 | 42.3% |
| 26 Oct 2026 | 526.45 | 528.60 | 503.50 | 517.60 | 514.65 | 81,845 | 51.4% |
| 23 Oct 2026 | 538.30 | 542.20 | 517.10 | 526.25 | 526.07 | 65,221 | 48.1% |
| 22 Oct 2026 | 535.40 | 551.70 | 529.30 | 547.00 | 537.55 | 51,872 | 42.6% |
| 21 Oct 2026 | 543.00 | 555.95 | 539.95 | 543.45 | 549.87 | 74,515 | 40.0% |
| 19 Oct 2026 | 552.95 | 554.00 | 543.60 | 545.80 | 546.73 | 15,839 | 50.4% |
| 16 Oct 2026 | 545.05 | 563.40 | 545.05 | 556.40 | 555.26 | 43,431 | 38.1% |
| 15 Oct 2026 | 549.90 | 558.80 | 545.00 | 550.35 | 551.51 | 53,111 | 56.1% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- ORKLAINDIA
- BSE code
- 544595
- ISIN
- INE16NZ01023
- Industry
- Food Products
- Website
- www.orklaindia.com
- CIN
- L15136KA1996PLC021007
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1996
- Registered office
- No.1, 2nd and 3rd Floor, 100 Feet Inner Ring Road, Ejipura, Ashwini Layout, Vivek Nagar, Bengaluru 560047, Karnataka
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments