Key Financial Highlights - Q2 FY27 (Consolidated)

  • Total Income: ₹88.62 crore (29% YoY growth from ₹68.89 crore in Q2 FY26)
  • Revenue from Operations: ₹85.66 crore (28% YoY growth from ₹66.67 crore in Q2 FY26)
  • EBITDA: ₹13.87 crore (64% YoY growth from ₹8.44 crore in Q2 FY26)
  • EBITDA Margin: 16% (expanded from 12% in Q2 FY26)
  • Net Profit: ₹6.82 crore (18% YoY growth from ₹5.80 crore in Q2 FY26)
  • Net Profit Margin: 8% (maintained from 8% in Q2 FY26)

EBITDA excludes interest income

Key Financial Highlights - H1 FY27 (Consolidated)

  • Total Income: ₹178.67 crore (48% YoY growth from ₹120.71 crore in H1 FY26)
  • Revenue from Operations: ₹174.62 crore (50% YoY growth from ₹116.19 crore in H1 FY26)
  • EBITDA: ₹24.56 crore (63% YoY growth from ₹15.10 crore in H1 FY26)
  • EBITDA Margin: 14% (improved from 13% in H1 FY26)
  • Net Profit: ₹12.42 crore (22% YoY growth from ₹10.20 crore in H1 FY26)
  • Net Profit Margin: 7% (compared to 9% in H1 FY26)

Segment-wise Performance - Q2 FY27

Healthy Snacks Division (Krishival Nuts)

  • Revenue: ₹63.16 crore (19% YoY growth from ₹53.03 crore in Q2 FY26)
  • EBITDA: ₹10.44 crore (33% YoY growth from ₹7.86 crore in Q2 FY26)
  • EBITDA Margin: 17% (improved from 15% in Q2 FY26)

Ice Cream Division (Melt N Mellow)

  • Revenue: ₹22.50 crore (65% YoY growth from ₹13.62 crore in Q2 FY26)
  • EBITDA: ₹3.54 crore (557% YoY growth from ₹0.54 crore in Q2 FY26)
  • EBITDA Margin: 16% (significantly improved from 4% in Q2 FY26)

Operational Highlights

  • Retail touchpoints: 35,000+ for Melt N Mellow ice cream; 11,000+ for Krishival Nuts
  • Market expansion: Entered Tamil Nadu for Melt N Mellow covering Vellore, Hosur, Erode, Tiruvannamalai, Salem and adjoining areas
  • Deep freezer network: Added 1,472 deep freezers in Q2, taking total installed base to 18,752
  • Distribution network: 205+ distributors for Melt N Mellow with 95% retention rate, supported by 13 company depots across Maharashtra, Karnataka, Goa, Telangana and Andhra Pradesh
  • Retail expansion: First 'Mellow & Co' outlet secured in Pune at Apte Road, Deccan, Shivaji Nagar, Pune-4, to be inaugurated soon
  • Export performance: Krishival Nuts exported to Singapore with Q2 shipments amounting to USD 384,328
  • Management appointment: Vivek Kumar Jain appointed as Chief Business Officer with 25+ years experience at Nestle and Tata Consumer Products

Strategic Priorities and Growth Outlook

  • 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
  • Scale Melt N Mellow with focus on capacity utilisation and expanding retail reach
  • Expand deep freezer network to strengthen last-mile distribution and brand visibility
  • Launch 25 FOCO ice cream outlets of 'Mellow & Co' in FY27
  • Advance capacity expansion in nuts segment
  • Focus on operational efficiencies, supply chain integration, and margin improvement