ADF Foods Ltd

ADF Foods Ltd announced that CRISIL Ratings Limited has upgraded the Long Term Rating to ‘Crisil A+’/Stable from ‘Crisil A’/Positive, and reaffirmed the Short Term Rating as ‘Crisil A1’ for the company’s bank facilities. The instruments covered by the rating actions include Long Term Rating and Short Term Rating, both issued by CRISIL Ratings Limited, with no enhancements, assignments, or withdrawals reported. The updated rating information is available on the company’s website at www.adf-foods.com.

ADF Foods Ltd announced that it has received an ESG Rating of ‘55’ (Adequate) from CRISIL ESG Ratings & Analytics Limited, reflecting the company’s performance on Environmental, Social, and Governance parameters based on publicly available information, clarifying that the company did not engage CRISIL to obtain the rating; the rating assignment was independent and does not involve any enhancements, assignments, or withdrawals related to any instruments, including any instruments listed on the National Stock Exchange of India Limited (Symbol: ADFFOODS) or BSE Limited (Scrip Code: 519183).

ADF Foods Limited announced consolidated revenue of Rs 167.3 crore for the first quarter ended June 30, 2026, a 25.9% year-on-year increase, marking the company's fourth consecutive quarter of double-digit growth, according to a press release. The company's Chairman and Managing Director, Mr. Bimal Thakkar, noted that the growth was driven by deeper shelf-space penetration, category diversification, and strong execution across international markets, despite geopolitical uncertainties and logistical challenges, while the company's Surat greenfield facility commenced commercial deliveries and received AEO-T3 certification.

ADF Foods Limited announced that its board of directors approved the incorporation of a wholly owned step-down subsidiary, AD F Foods Ireland Limited, in Ireland to support the company's growth plans in Europe. The subsidiary will be incorporated with a cash consideration of EUR 20,000 and will be a wholly owned step-down subsidiary of ADF Foods Limited via its wholly owned subsidiary, ADF Foods UK Limited.

Net profit of ADF Foods rose 13.45% to Rs 17.29 crore in the quarter ended June 2026 as against Rs 15.24 crore during the previous quarter ended June 2025. Sales rose 25.90% to Rs 167.29 crore in the quarter ended June 2026 as against Rs 132.88 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales167.29132.88 26 OPM %17.7217.71 - PBDT30.0625.99 16 PBT23.4921.11 11 NP17.2915.24 13 Powered by Capital Market - Live

ADF Foods will hold a meeting of the Board of Directors of the Company on 29 July 2026.

While EBITDA improved by 38.9% YoY to Rs 34.3 crore, EBITDA margin expanded by 190 basis points YoY to 17.4% in the fourth quarter. Profit before tax in Q4 FY26 stood at Rs 36.49 crore, up by 74.3% from Rs 20.94 crore in Q4 FY25. For FY26, the company has recorded net profit and revenue from operations of Rs 89.92 crore (up 29.8% YoY) and Rs 683.23 crore (up 15.9% YoY), respectively. Bimal Thakkar, chairman & managing director, said: 'Despite prevailing challenges including tariffs, West Asia conflict, and supply chain issues, our business saw continued momentum fueled by significant traction from listings secured in the past few quarters and strengthening our brand penetration and distribution across all our key markets. Our flagship brand, Ashoka, continues to strengthen its market presence driven by strong diaspora demand, and our mainstream brand, Truly Indian has exceeded expectations with a marked acceleration in its growth trajectory. We have successfully commenced operations at our Surat greenfield facility in Q4FY26 with scale up planned over the coming quarters. We continue to witness strong brand-led traction, supported by deeper penetration. The ongoing West Asia situation poses near-term challenges to GCC sales, freight costs, and transit timelines. However, with our sustained focus on execution excellence and operational discipline, we remain cautiously optimistic in our ability to maintain the current growth trajectory over the long term.' ADF is a consumer-focused company and a leading manufacturer of prepared ethnic foods, offering frozen foods, ready-to-eat (RTE) items, ready-to-cook (RTC) items, sauces, pickles, pastes and dips under its 5 prominent brands. The Company's products are available in 60+ countries through a strong distribution network across North America, UK, EU, Middle East & Asia Pacific. Powered by Capital Market - Live

ADF Foods announced that the Board of Directors of the Company at its meeting held on 13 May 2026, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

ADF Foods announced that the 36th Annual General Meeting(AGM) of the company will be held on 12 August 2026.

Net profit of ADF Foods rose 57.60% to Rs 25.91 crore in the quarter ended March 2026 as against Rs 16.44 crore during the previous quarter ended March 2025. Sales rose 23.68% to Rs 196.73 crore in the quarter ended March 2026 as against Rs 159.07 crore during the previous quarter ended March 2025. For the full year,net profit rose 29.83% to Rs 89.92 crore in the year ended March 2026 as against Rs 69.26 crore during the previous year ended March 2025. Sales rose 15.88% to Rs 683.23 crore in the year ended March 2026 as against Rs 589.58 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales196.73159.07 24 683.23589.58 16 OPM %17.4415.52 -19.1216.68 - PBDT42.2125.61 65 148.05109.85 35 PBT36.4920.94 74 126.9291.60 39 NP25.9116.44 58 89.9269.26 30 Powered by Capital Market - Live