Krishival Foods Ltd

Krishival Foods Limited announced that its board approved a long-term lease of land adjacent to its existing factory and authorized an additional corporate guarantee of Rs 35 crore in favor of lenders/financial institutions for a credit facility to be availed by its subsidiary, Melt ‘N’ Mellow Foods Private Limited. The board also decided to partially utilize funds from a previous rights issue, providing a Rs 25 crore loan to Melt ‘N’ Mellow Foods Private Limited for strengthening its cold chain by deploying 10,000 additional deep freezers, and approved an additional loan of Rs 10 crore for future working capital requirements, while simultaneously discontinuing the previously approved acquisition of additional equity shares in Melt ‘N’ Mellow Foods Private Limited.

KRISHIVAL FOODS LIMITED will hold a board meeting on Wednesday, September 02, 2026, to consider the re-appointment of Sunil Kumar Agarwal as a Non-Executive Independent Director, approval of related party transactions, the Director’s Report, Corporate Governance Report, and Management Discussion and Analysis for the year ended March 31, 2026, and other matters including the Annual General Meeting and appointment of a scrutinizer; the trading window for company insiders will be closed from Tuesday, August 25, 2026, until 48 hours after the board meeting’s outcome.

Krishival Foods Limited will convene a board meeting on Wednesday, August 26, 2026, to consider and approve the utilization of funds from its rights issue for investment in the company’s ice cream division, subject to necessary approvals.

Krishival Foods Ltd share price gained 2.38% to Rs 398.0 after the company's net profit saw a mild growth of 0.36% to Rs 5.6 crore, while revenue from operations slipped 12.84% to Rs 88.96 crore in Q2FY26 over Q1FY26. The market capitalization of Other Food Products industry group stocks on BSE stood at Rs 35846.33 crore, plunging by 18.65%. It has softened by 1.67% over last one week and ticked higher by 2.99% in last one month while the market capitalization of Krishival Foods Ltd has inched up 3.22% and 5.33% in the same period respectively. Profit before tax (PBT) of Krishival Foods Ltd stood at Rs 7.13 crore in Q2 FY26, surging by 21.67% year-on-year, and easing 2.15% quarter-on-quarter. EBITDA came in at Rs 9 crore, jumping 202.25% YoY and rallying 1346.15% sequentially. Total expenses fell by 17.83% to Rs 81.52 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 19.69 crore, registering a fall of 69.85% YoY, while employee benefits expense was at Rs 3.41 crore, dropping 8.58% YoY. For the TTM ended FY26, revenue from operations soared by 97.11% to Rs 202.23 crore, while net profit saw a strong growth of 44.92% to Rs 13.55 crore, compared to previous TTM. EBITDA jumped by 1228% to Rs 17.09 crore, and PBT witnessed a strong rise of 62.17% to Rs 19.72 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 46.38 crore in FY26, as against Rs 33.55 crore in FY25. Krishival Foods Ltd rallied 15.65% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.56% during the same period.

Krishival Foods Limited will hold a board meeting on Tuesday, August 11, 2026, to adopt standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, and to consider and approve a related party transaction for the same period, according to a filing with the National Stock Exchange of India Limited and BSE Limited.

Krishival Foods will hold a meeting of the Board of Directors of the Company on 5 August 2026.

Krishival Foods will hold a meeting of the Board of Directors of the Company on 8 July 2026.

Krishival Foods will hold a meeting of the Board of Directors of the Company on 4 May 2026.

Krishival Foods has achieved a key milestone of deploying over 15,000 deep freezers across its retail network, significantly strengthening its cold chain infrastructure and last-mile distribution capabilities for its ice cream brand 'Melt N Mellow'. The company's deep freezer network has expanded significantly during the year, increasing from 3,732 units at the beginning of the year to 15,490 units as of March 31, 2026, reflecting a sharp scale-up in cold chain infrastructure. This milestone marks a critical step in the company's strategy to scale its ice cream business under the Melt 'n Mellow brand and enhance product availability across urban as well as Tier II and Tier III markets. The expanded freezer network is expected to support improved product visibility, consistent quality, and increased retail throughput. The company's distribution footprint already spans 30,000 plus retail touch points, supported by a strong network of distributors across Maharastra, Karnataka, Goa, Telangana and Andhra Pradesh. The addition of deep freezers further strengthens Melt N Mellow Ice Cream's ability to deliver temperature-sensitive products efficiently across geographies. Importantly, the freezer network expansion is closely aligned with the company's growth outlook.

Krishival Foods will hold a meeting of the Board of Directors of the Company on 12 March 2026.Powered by Capital Market - Live