Prime Fresh Limited announced its audited financial results for the quarter and year ended 31st March, 2026 through a press release dated May 23, 2026, filed in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

Q4FY26 Performance:

  • Consolidated revenue from operations: ₹799.1 Mn, representing 50.0% YoY growth
  • EBITDA: ₹53.9 Mn
  • Profit After Tax (PAT): ₹32.4 Mn, reflecting 65.8% YoY growth
  • Outward sales volumes: 16,731 MT, registering 72% YoY growth

FY26 Annual Performance:

  • Consolidated revenue from operations: ₹2,739.8 Mn, up 32.5% YoY
  • EBITDA: ₹200.2 Mn, growing 50.3% YoY
  • Profit After Tax (PAT): ₹139.7 Mn, growing 51.6% YoY
  • Outward volumes: 65,132 MT, up 97.1% YoY
  • Onion, Potato, Tomato (OPT) standalone volumes: grew 118.0% YoY

Detailed Financial Metrics

Q4 FY26 Financial Performance Table (₹ in Mn):

  • Total Revenue: ₹800.5
  • EBITDA: ₹53.9
  • PBT: ₹50.2
  • PAT: ₹32.4
  • Total Expenses except Depreciation: ₹751
  • Finance Cost: ₹3
  • Depreciation: ₹1
  • Share of Profit from Associate: ₹1
  • Tax: ₹18
  • PAT Margin: 4%
  • Diluted EPS: ₹1.91

FY26 Financial Performance:

  • Total Expenses except Depreciation: ₹2,554
  • Finance Cost: ₹7
  • Depreciation: ₹0
  • Share of Profit from Associate: ₹3
  • Tax: ₹50 (compared to ₹36 in FY25)
  • PAT Margin: 5%
  • Diluted EPS: ₹8.44 (compared to ₹6.49 in FY25)

Operational Highlights

Volume Performance:

  • Q4FY26 outward sales volumes: 16,731 MT (72% YoY growth)
  • FY26 outward volumes: 65,132 MT (97% YoY growth)
  • Onion remained the key throughput driver with 9,725 MT in Q4FY26

Business Segment Performance:

  • Service, 3PL and other Non-F&V value businesses grew at over 32% during FY26
  • Onion supply-chain business showed FY26 outward volume increase of 147.9% YoY (standalone)

Strategic Achievements

Cluster Development Programme:

  • Prime Fresh ranked No. 1 across all three EOI applications for setting up clusters under the Cluster Development Programme (CDP) by National Horticulture Board
  • Received high scores in the range of 42-46 out of 50

Credit Rating Enhancement:

  • CRISIL reaffirmed Prime Fresh Limited at CRISIL BBB/Stable
  • Rated amount enhanced to ₹100 crore from ₹10 crore

Management Commentary & Outlook

The management described FY26 as a "resilient and strategically important quarter" reflecting the strength of their diversified fresh-produce model. The performance was delivered despite seasonal crop volatility, climate-linked supply disruptions, and changing demand patterns.

FY27 Guidance:

  • Target value sales growth: 25-30%
  • Target tonnage volumes growth: 20-25%
  • Expected challenges: softer demand from exporters and HORECA buyers, oil-price-linked pressure on transportation costs, global geopolitical uncertainty impacting select sales channels

Growth Strategy:

  • Focus on Modern Trade, General Trade, E-Commerce, Imported Products and Newer Domestic Categories (Green peas, Malta, Pomegranate and other seasonal produce)
  • Balancing scale with value - OPT as throughput engine, high-value fruits, imported products, new domestic categories and service-led businesses

Company Overview

Prime Fresh Limited is a fully integrated agriculture value-chain company established in 2007 and headquartered in Ahmedabad. The company focuses on the post-harvest supply chain of fruits and vegetables, offering sourcing, handling, sorting, grading, warehousing, ripening, packing and distribution services across domestic and global markets.

Business Segments: F&V supply-chain business; service/3PL and value-added warehousing, handling, packing, cold storage and facility-management solutions.

Operating Network: Sourcing and distribution across multiple Indian states, serving modern trade, e-commerce, HORECA, food processors, exporters, APMCs and general trade.

Core Differentiators: End-to-end post-harvest capabilities, farmer/FPO partnerships, channel depth, execution reliability and technology-led traceability initiatives.

Disclaimer

The document includes forward-looking statements subject to risks and uncertainties including regulatory changes, local political or economic developments, climate-related crop variations, supply-chain volatility and other factors.