Hindustan Foods Q1 FY27 PAT Up 33% to ₹42.8 Crores

Date: August 4, 2026

Total Income: Increased by 18% to ₹1,207.0 Crores in Q1FY27 from ₹1,022.2 Crores in Q1FY26
EBITDA: Increased by 26% to ₹106.3 Crores in Q1FY27 from ₹84.3 Crores in Q1FY26
PBT before exceptional: Increased by 33% to ₹56.6 Crores in Q1FY27 from ₹42.7 Crores in Q1FY26
PAT: Increased by 33% to ₹42.8 Crores in Q1FY27 from ₹32.2 Crores in Q1FY26

Previous quarter numbers are restated

The Board authorized additional investments of ₹190 Crores towards new expansion projects for FY27
Total FY27 expansion projects now amount to ₹340 crores
Additional ₹150 crores worth of projects carried forward from FY26

Food & Beverages: ₹210 Crores at Coimbatore, Mysuru, Goa, Aurangabad & Hyderabad
Ice Cream: ₹80 Crores at Panipat
Home & Personal Care: ₹50 Crores at Lucknow

Sameer R. Kothari, Managing Director:

Commenced FY27 on a strong note with healthy growth driven by robust execution
Significant investments made over past years to expand manufacturing capabilities across geographies and product categories
Expecting operating leverage and enhanced profitability as capacities ramp up and utilization improves
Seeing business traction despite volatile geopolitical situation and inflationary commodity price effects
Expect to commercialize ₹500+ crore worth of projects in FY27
Positioned to sustain earnings growth in FY28
Reaffirmed FY27 PAT guidance

Ganesh Argekar, Executive Director:

All businesses delivered growth through robust execution across manufacturing network
Continued ramp-up of recently commissioned capacities
New customer additions and product launches strengthened manufacturing platform
Successful integration of latest acquisition
Ice Cream and beverages business delivered strong summer season with record production volumes
Ensured business continuity through proactive supply chain planning
Silvassa manufacturing facility (Home & Personal care products) faced disruption following record rains in July
Partially resumed production, targeting full operational status by end of August 2026
Facility adequately insured, no expected material impact on long-term operations
Focused on accelerating utilization across recently commissioned facilities
Strengthening customer partnerships and expanding into new product categories
Reaffirmed FY27 PAT guidance

Mayank Samdani, Group CFO:

Strong performance achieved despite headwinds in shoe business
Profitability improvement driven by healthy operating leverage and steps to defray effects of GST inversion
Expect EBITDA and PAT growth to remain higher than sales growth in coming quarters
Footwear business experienced temporary cost pressures from:
Higher raw material prices caused by Middle East crisis
Impact of exceptional wage revision in Haryana
Proactively secured alternative raw material sources to ensure supply continuity
Engaged in constructive discussions with customers to pass through cost increases
Confident of protecting margins in footwear business over coming quarters
Balance sheet remains strong with financial flexibility to support future growth
Certain businesses will transition revenue recognition methodology in Q2 & Q3 FY27
Revenue recognition change will have no impact on absolute profitability, though reported revenues will moderate
Reaffirmed FY27 PAT guidance of ₹200–220 crore

HFL founded in 1984
Offers dedicated and shared manufacturing services to FMCG corporates
Vanity Case India Private Limited bought controlling stake in HFL in 2013
Diversified across FMCG categories with manufacturing competencies in:
Food & Beverages
Home Care
Fabric Care
Beauty & Personal Care
Wellness & OTC Pharma
Leather & Sports Footwear
Household Insecticides
Vanity Case Group founded in 2001, large and diversified FMCG contract manufacturer in India