NHC Foods Limited reported a sharp rise in FY 2025-26 revenue to Rs 601.30 crore, compared to Rs 347.88 crore in the previous year. Profit after tax jumped to Rs 12.31 crore. The company is aggressively entering the packaged water and soft drink manufacturing market with a new plant in Bhiwandi. To fund this expansion and bolster working capital, the board has proposed a Rs 53.76 crore preferential issue of convertible warrants and an increase in borrowing limits to Rs 2,000 crore. Additionally, the company has completed its promoter reclassification to public status.
NHC Foods Reports Surge in FY26 Revenue and Beverage Sector Expansion
Revenue from Operations reached Rs 60,130.73 Lakhs for FY26, up from Rs 34,788.21 Lakhs in FY25.
Profit After Tax rose to Rs 1,231.70 Lakhs from Rs 708.18 Lakhs in the previous year.
Reader Takeaway: Strong revenue growth and beverage diversification plans signal expansion, while massive debt limits pose execution risks.
What just happened
NHC Foods Limited released its financial results for the 2025-26 fiscal year, showing a significant jump in top-line growth. Alongside these results, the company announced a strategic pivot toward the consumer beverage market, including manufacturing packaged drinking water and carbonated soft drinks. This will be facilitated by a new facility in Bhiwandi, Maharashtra, capable of producing 200 bottles per minute for each category.
Why this matters
The company is signaling a major shift in business model from its historical operations into high-volume consumer goods. To back this transition, the board has proposed a significant capital infusion of Rs 53.76 crore through the issuance of 25.6 crore convertible warrants to non-promoter entities. The request to hike authorized share capital and borrowing limits to Rs 2,000 crore suggests management is preparing for a large-scale scaling operation.
Corporate Changes
NHC Foods has undergone a major ownership shift, with the BSE approving the reclassification of its promoters to public shareholders. The firm now reports nil promoter holding. Additionally, the company has appointed a new secretarial auditor, M/s. Nikunj Kanabar & Associates, for a five-year term.
Risks to watch
While the financial growth is notable, the request for a substantial increase in borrowing power (up to Rs 2,000 crore) indicates potential leverage risk. Investors should monitor how effectively the company manages debt while scaling its new beverage infrastructure.
What to track next
Watch for the successful allotment of the proposed convertible warrants and the operational timeline for the Bhiwandi manufacturing facility.