Krishival Foods Limited submitted a regulatory disclosure under SEBI Listing Regulations Regulation 30 regarding its unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 (Q1 FY27).

Financial Performance Highlights

Quarterly Financial Results (₹ Crore):

  • Revenue from Operations: ₹88.96 crore in Q1 FY27 vs ₹49.52 crore in Q1 FY26, representing 80% YoY growth
  • Total Income: ₹90.05 crore in Q1 FY27 vs ₹51.82 crore in Q1 FY26, representing 74% YoY growth
  • EBITDA (excluding Other Income): ₹11.57 crore in Q1 FY27 vs ₹7.71 crore in Q1 FY26, representing 50% YoY growth
  • EBITDA Margin: 13.00% in Q1 FY27 vs 15.56% in Q1 FY26, a decline of 256 basis points
  • Net Profit: ₹5.60 crore in Q1 FY27 vs ₹4.40 crore in Q1 FY26, representing 27% YoY growth
  • Net Profit Margin: 6.30% in Q1 FY27 vs 8.89% in Q1 FY26, a decline of 259 basis points
  • Basic EPS: ₹2.40 in Q1 FY27 vs ₹1.98 in Q1 FY26

Segment-wise Performance

Nuts & Dried Fruits – Krishival Nuts:

  • Q1 FY27 revenue: ₹37.38 crore, up 10% YoY
  • EBITDA: ₹6.82 crore, up 4.78% YoY
  • EBITDA Margin: 18.24%

Ice Cream – Melt N Mellow:

  • Q1 FY27 revenue: ₹51.57 crore, more than tripling YoY
  • EBITDA: ₹5.18 crore, nearly nine-fold YoY increase
  • EBITDA Margin: 10.05%, up 634 basis points YoY
  • Q1 revenue exceeded 50% of the entire previous financial year's revenue for the ice cream segment

Operational Highlights

Product Launches:

  • 13 new products launched during Q1 FY27
  • 6 new Nuts products
  • 7 new Ice Cream products

Distribution Network (as of June 30, 2026):

  • Melt N Mellow: 34,200+ retail touchpoints
  • Krishival Nuts: 11,000+ retail touchpoints
  • Total retail outlets: 45,200+

Deep Freezer Deployment:

  • 17,280+ deep freezers deployed across retail touchpoints
  • 1,780 freezers added during Q1 FY27
  • Predominantly deployed in Andhra Pradesh

Market Expansion:

  • Entered Andhra Pradesh for Melt N Mellow through three CNF locations covering Rayalaseema, Vijayawada and Visakhapatnam
  • Expanded Melt N Mellow distribution network to 120+ distributors
  • Distribution retention rate: 95%
  • Established 13 company ice cream depots across key markets

International Presence:

  • Krishival Nuts Singapore operations expanded to 300+ retail touchpoints
  • Krishival Nuts continues presence across 300+ towns and places

Management Commentary

Mr. Sujit Bangar, Chairman & Whole-Time Director, commented that the company started FY27 on a strong footing with Melt N Mellow emerging as a significant growth driver. He noted that the two businesses operate with complementary seasonality, providing greater balance to revenue profile across the year and enabling more efficient working capital management.

Future Outlook and Plans

  • Expand distribution footprint across Tier II and Tier III markets
  • Strengthen presence in key states
  • Scale presence across modern trade and quick-commerce platforms
  • Strengthen export footprint across Singapore, United States, and Japan
  • Focus on capacity utilization and expanding retail reach for Melt N Mellow
  • Expand deep freezer network to strengthen last-mile distribution and brand visibility
  • Launch 25 FOCO ice cream outlets of 'Mellow & Co' in FY27 (first outlet expected in September 2026)
  • Advance capacity expansion in the nuts segment
  • Continue focus on operational efficiencies, supply chain integration, and margin improvement

Company Profile

Krishival Foods Limited is a branded FMCG company with portfolio comprising 73+ Nuts SKUs and 196+ Ice Cream SKUs as of June 30, 2026.