National Foods Holdings Limited

Agri-industrial - Zimbabwe Stock Exchange

National Foods is Zimbabwe’s largest food manufacturer. The company produces a range of basic foods including maize meal, flour, cooking oil, margarine, rice, salt, snacks, biscuits, pasta, sugar beans, baked beans, popcorn, maize-based cereal, as well as soap and a full range of animal feed. They also include brands such as Gloria and Red Seal.
Registered address

Gloria House, 10 Stirling Road, Workington, P.O Box 269, Harare

Contact number

(0242) 753751/8, 753741/9


ZW 000 901 137 1

Fiscal Year End


Chief Executive Officer

Michael Lashbrook


Todd Moyo





Full Year End
Provisional Full Year Results
Half Year End


ZWL cents 0.00 / 0.00%

45,000.00 - 220,100.00



Friday, 24th June 2022

2.1 billion

Year on Year (ZWL)

Friday, 24th June 2022  E.O.D.

Sales ZWL cents -
Value ZWL 0.00
Volume 0
Market cap ZWL 136,800,216,000
Shares issued 68,400,108

Financial statements ratios and analysis

P/E ratio 1,888.75
Div. yield 0.55%
EPS 105.89
P/B ratio 20.28
EV / EBITDA 109.14

ZWL 33.2 billion

Revenue for Year Ending June 2021
Net Income


EBITDA Margin for Year Ending June 2021

All values in ZWL

 30 Jun 202130 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Attributable PAT72,428,0002,190,737,000906,044,00017,175,20413,704,623
Shareholders funds6,744,375,0007,652,995,0002,784,897,000103,835,19894,937,100
Net interest bearing debt629,959,00035,966,000427,153,000(2,981,634)26,875,393
Cash on hand1,122,722,000629,738,000289,026,00033,403,0003,790,255
Interest bearing debt1,752,681,000665,704,000716,179,00030,421,36630,665,648
Net current assets3,030,851,0004,674,127,000872,376,00054,776,96649,645,000
Chairman Todd Moyo
Chief Executive Officer Michael Lashbrook
Company Secretary Leigh C. Howes
Transfer Secretary First Transfer Secretaries (Pvt) Ltd (zw)
Michael Lashbrook (Chief Executive Officer)
Lovejoy Nyandoro (Finance Director)
Rugare Nyandoro(Group Human Resources Director)
James Stevens (Operations Director)
Todd Moyo (Chairman)
Noel Doyle
Godfrey Gwainda
Julian Schonken
Manojkumar B. Naran

June 2021

Name Holding Percentage
Innscor Africa Limited 2,806,354 37.73%
Tiger Foods Brands Limited - NNR 25,618,474 37.45%
National Foods Workers' Trust (Private) Limited 6,734,978 9.85%
Old Mutual Life Ass Co Zim Ltd 2,710,599 3.96%
Stanbic Nominees (Private) Limited 1,329,257 1.94%