Apex Frozen Foods Q4 PAT Surges 206% YoY

Event Type: Q4 and FY26 Earnings Conference Call, which included a presentation of financial highlights followed by a question-and-answer session.
Event Date and Time: The call was held on Tuesday, June 2, 2026. A specific start time was not disclosed in the provided transcript.
Purpose: The stated purpose was for the management to share key operating and financial highlights for the quarter and full year ended March 31, 2026.
Management Participants: Mr. Chowdary Karuturi (Managing Director and Chief Financial Officer) and Mr. Durga Prasad (Senior Manager, Accounts).
Presentation Availability: The management confirmed that an investor presentation had been uploaded to the website of the stock exchanges prior to the call.
UPSI Statement: The company's compliance letter to the exchanges stated that the call incorporated highlights of audited financial results and other information "which is already in public domain and/or made available/uploaded on the Company's website," indicating no unpublished price sensitive information (UPSI) was shared.

Financial Highlights Discussed:

FY26 Performance: Revenue grew 14% YoY to INR 931 crores. Sales volume was stable at 10,286 MT vs. 10,534 MT in FY25. EBITDA surged 145% YoY to INR 73 crores, with margins expanding 405 bps to 7.7%. Profit After Tax (PAT) was INR 39 crores, up 902% from INR 4 crores in FY25. Robust cash flow from operations was INR 96 crores vs. INR 54 crores in FY25.
Q4 FY26 Performance: Net revenue was INR 168 crores (vs. INR 197 crores in Q4 FY25). Sales volume was 1,912 MT (vs. 2,349 MT). EBITDA was INR 17 crores, up 118% YoY, with margins expanding 593 bps to 9.8%. PAT stood at INR 8 crores, a 206% YoY growth.
Balance Sheet: Total borrowings were reduced drastically to INR 6 crores as of March 31, 2026, down from INR 107 crores in March 2024. Net debt to equity stood at a negative 0.02x.
Market Diversification: For the first time, non-US export markets became the largest contributor to sales at 52% of the mix. Sales to the European Union grew 19% for FY26 and 15% for Q4 FY26.
Forward-Looking Statements: Management expressed optimism for FY27, citing a target of ~30% volume growth (to ~14,000 MT), the reduction of US tariffs to 10%, and pending Free Trade Agreements (FTAs) with the EU and UK. They indicated current capacity utilization is around 30%, providing significant headroom for growth.

Attachment: The regulatory filing enclosed a transcript of the Q4FY26 Earnings Conference Call.
Financial Data: Extensive financial data and operational metrics were discussed in detail during the call, as captured in the transcript.