Krishival Foods FY26 Results: Profit ₹21.48 Cr, Revenue ₹292.67 Cr; ₹0.35 Dividend Proposed

Today's Filing Details

The Board of Directors of Krishival Foods Limited met on May 4, 2026, to approve the audited standalone and consolidated financial results for the fiscal year ending March 31, 2026. The company reported consolidated revenue from operations of ₹292.67 crore and a consolidated profit attributable to owners of ₹21.48 crore. Key decisions included recommending a final dividend of ₹0.35 per equity share, subject to shareholder approval at the upcoming AGM, and approving the grant of 10,000 stock options to eligible employees. M/s. Tammana Parmar & Associates were re-appointed as Statutory Auditors for a period of five years, with their report on the financial results carrying an unmodified opinion.

Investor Impact

The approval of the financial results and the proposed dividend offer shareholders a direct return on their investment. Granting stock options signals a commitment to retaining and motivating key employees, aligning their interests with the company's performance. The reappointment of auditors for a five-year term ensures continuity and stability in financial oversight, which is important for investor confidence.

Company Background

Krishival Foods, formerly Empyrean Cashews Limited, has been evolving its business. The company acquired the 'Melt N Mellow' ice cream brand, integrating its financials from September 2024, diversifying its FMCG offerings. In recent years, Krishival Foods focused on strengthening operations, completing a Rights Issue of approximately ₹100 crore around late 2025. Funds were earmarked for a new nuts processing and packaging unit and working capital. Financially, the company showed strong growth in the preceding fiscal year (FY24-25), reporting total income of ₹206.30 crore (up 97% YoY) and a net profit of ₹13.54 crore (up 44% YoY). To support its ice cream segment, the company expanded its cold chain infrastructure, deploying over 15,000 deep freezers by March 31, 2026, to enhance last-mile delivery.

Peer Comparison

Krishival Foods operates in competitive segments. In dry fruits and nuts, it competes with brands like Farmley and Happilo. In the broader FMCG space, its peers include established players like ITC, Nestlé India, and Britannia Industries. While larger players have diversified portfolios, Krishival Foods' focus on premium nuts and its growing ice cream brand, 'Melt N Mellow', aims to capture specific market niches. The company demonstrated significant growth in FY24-25.

What to Track Next

Shareholders should monitor the Annual General Meeting (AGM) outcome for approval of the recommended final dividend of ₹0.35 per equity share. Activity post the trading window re-opening on May 6, 2026, will also be observed. Investors will track the company's ability to sustain its growth momentum and integrate strategic initiatives, including the expansion of its processing capacity and cold chain network.