Disclosure Context

Prospect Consumer Products Limited (Scrip Code: 543814, formerly known as Prospect Commodities Limited) submitted an Investor Presentation to BSE Limited on May 28, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The submission was digitally signed by Company Secretary Bhargavi Jay Pandya.

Company Overview

The company, established in 2022 and based in Ahmedabad, Gujarat, specializes in processing, exporting, and supplying natural cashew kernels under the brand name DRIFRUTZ. It operates in the B2B market and has recently expanded into B2C. Its product line includes various grades of cashew kernels (Majestic, Luxurious, Delicious, Everyday) and by-products like cashew husk, cashew husk pellets, and cashew nut shell liquid (CNSL). The company sources raw cashew nuts from African countries, South Asian countries, and within India. Its manufacturing facility is located in Changodar, Ahmedabad, spanning 39,000 sq. ft.

Financial Performance (FY26)

  • Total Income: ₹57.62 Crores (up 85.14% YoY from ₹31.12 Cr in FY25)
  • Revenue: ₹57.54 Crores
  • Other Income: ₹0.08 Crores
  • EBITDA: ₹6.31 Crores (up 48.34% YoY from ₹4.25 Cr)
  • EBITDA Margin: 10.95% (down from 13.66% in FY25)
  • Profit After Tax (PAT): ₹2.46 Crores
  • PAT Margin: 4.27%
  • Diluted EPS: ₹4.01

Balance Sheet Highlights (FY26):

  • Net Worth: ₹32.05 Crores
  • Total Non-Current Assets: ₹4.06 Crores
  • Total Current Assets: ₹44.16 Crores (including Inventories of ₹18.30 Cr and Trade Receivables of ₹15.16 Cr)
  • Total Assets: ₹48.22 Crores
  • Total Liabilities: ₹48.22 Crores

Operational & Strategic Highlights

  • Capacity: Installed capacity is 4,800+ Metric Tonnes Per Annum (MTPA). Current utilization is in the range of 2,500-3,000 MTPA, with plans to scale to 3,500-4,000 MTPA.
  • Automation: The Changodar facility has been modernized, achieving approximately 80% automation and an optimized utilization rate of 75–80%.
  • B2C Expansion: Launched the DriFrutz brand, introducing dried berries, seeds, and over 6 premium flavoured cashew variants. The company is targeting the ₹20,000+ Crore health snack market.
  • Distribution: Listed on the digital B2B platform Hyperpure. Partnered with Amazon, Jio-Mart, and ONDC, with plans to expand to Flipkart, Big Basket, and Blinkit.
  • Marketing & Sponsorship: Curated gift hampers for prominent golf tournaments (Gulmohar Green- Go Golf 2026, 15th August- Flag Tournament at Kensville Golf & Country Club) and corporate events (Ratan Tata Memorial Lecture).

Management Commentary

Promoter & Managing Director Mr. Vimal Mishra stated that FY26 was a milestone year characterized by robust financial scaling and enhanced operational execution. The growth is attributed to scaling capacity utilization and modernizing the facility. The company is capitalizing on the premium health-conscious snacking market. Looking forward, management remains committed to a disciplined capital allocation strategy and targets a 40-45% CAGR over the next three years.

Industry Overview & Government Initiative

The India Cashew Market size was estimated at USD 2.40 billion in 2024 and is expected to reach USD 2.9 billion by 2029, growing at a CAGR of 3.80%. The Government of India introduced a specialized national programme for Indian Cashew Nuts on February 1, 2026, with the objective of making India self-reliant in raw cashew production and processing, enhancing export competitiveness, and transforming the domestic value chain. This initiative was launched under the Union Budget 2026–27 mandate.

Forward-Looking Targets

  • Target a 45-50% CAGR for the next 3 years.
  • Maintain EBITDA margin between 10–15%.
  • Derive an additional 10% of revenue from the B2C segment within the next 2 years.
  • Further reduce sourcing costs by 20% through direct procurement.