Krishival Foods Reports 50% Revenue Growth in Q2 FY26 Earnings Call
Filing Summary
Krishival Foods Limited reported a 50% year-on-year increase in revenue for Q2 FY26, reaching Rs. 67 crore. The company’s EBITDA rose by 26% to Rs. 10 crore, while PAT increased by 17% to Rs. 6 crore. The growth was driven by both the Krishival Nuts and Melt N Mellow divisions, with the former contributing Rs. 53 crore and the latter Rs. 14 crore. The company plans to expand its processing capacity and retail reach, focusing on Tier-2, Tier-3, and Tier-4 cities. Krishival Foods aims for triple-digit revenue growth by FY28.
Krishival Foods Limited has released the transcript of its Q2 FY26 earnings call, highlighting significant financial growth and strategic initiatives. The company reported a 50% increase in revenue, reaching Rs. 67 crore for the quarter. This growth was attributed to strong performances in both its primary business segments: Krishival Nuts and Melt N Mellow.
In financial terms, Krishival Foods achieved an EBITDA of Rs. 10 crore, marking a 26% increase from the previous year. The company’s Profit After Tax (PAT) rose by 17% to Rs. 6 crore. The earnings per share (EPS) also saw an increase, moving from 2.2 to 2.6. The Krishival Nuts segment contributed Rs. 53 crore to the revenue, reflecting a 20% year-on-year growth, while the Melt N Mellow division added Rs. 14 crore, underscoring successful brand expansion efforts.
Operationally, Krishival Foods has focused on expanding its processing capabilities and distribution network. The company is enhancing its primary nut processing facility, which currently spans 50,000 square feet and produces 10 metric tons of finished nuts per day. Plans are underway to add a new 200,000 square foot facility, increasing capacity by 30 metric tons per day in two phases. This expansion is expected to be completed over the next two years. In the ice cream segment, the company operates a state-of-the-art plant with a capacity of 100,000 liters per day, producing over 140 SKUs.
The timeline for these expansions includes the completion of the new nut processing facility within two years. The company aims to fully utilize its ice cream plant capacity within three financial years, including the current year. These expansions are part of Krishival Foods’ strategy to achieve triple-digit revenue growth by FY28.
Key parties involved in the company’s operations include Mr. Sujit Bangar, Chairman of Krishival Foods, and CEOs of the respective divisions, Mr. Nana Mhaske and Mr. Abhishek Puranik. The company maintains a robust distribution network, with its products available in over 10,000 retail outlets for nuts and 25,000 for ice cream, supported by 200 distributors and 25 super stockists across several Indian states.
In the market context, Krishival Foods is strategically positioned to capitalize on the growing demand for premium nuts and ice cream in India. The company’s dual-brand strategy allows it to cater to both nutritional and indulgence segments, leveraging shared infrastructure for operational efficiencies. The Indian FMCG market is projected to grow significantly, providing a favorable environment for Krishival Foods’ expansion plans.
Krishival Foods Limited specializes in premium nuts, dry fruits, and ice cream, operating under the brands Krishival Nuts and Melt N Mellow. The company focuses on expanding its market presence in Tier-2, Tier-3, and Tier-4 cities, aiming to leverage favorable market conditions and consumer trends to achieve sustainable growth.