iD Fresh Food Reports 22% Revenue Growth in FY25, Eyes INR 1100 Cr by FY27, Prepares for IPO

iD Fresh Food, a prominent Indian FMCG brand with two decades of experience in ready-to-cook breakfast staples, has released its financial results for Fiscal Year 2025 (FY25). The company reported consolidated revenue from operations of INR 681.37 Crore, a notable 22% increase compared to INR 557.84 Crore in the previous fiscal year. Total revenue also climbed by 22.27% to INR 688.22 Crore.

CEO Rajat Diwaker stated that the company aims for a consistent year-over-year growth of 20-25% while maintaining EBITDA positivity. This growth trajectory supports a target of INR 1,100-1,200 Crore in operating revenue by FY27. The company also confirmed its objective to be IPO-ready by then, although specific timelines remain uncertain, with Mr. Diwaker suggesting it could take another one to two years. He dismissed market speculation regarding a pre-IPO secondary sale as "highly speculative".

After operating at a loss for many years, iD Fresh Food achieved profitability in FY24 with a profit before tax (PBT) of INR 4.56 Crore, which surged nearly sixfold to INR 26.7 Crore in FY25. This turnaround is attributed to strategic expansion in both geographic markets and product categories, alongside efforts to scale operations and absorb fixed costs for improved operating leverage.

Impact: This news is significant as it demonstrates a major turnaround and strong growth momentum for a well-established Indian FMCG player. The company's clear vision for future growth, expanded product offerings, and progress towards IPO readiness are key indicators for investors tracking the consumer goods sector. Its successful transition to profitability after decades highlights effective business strategy and execution. The potential IPO could offer a new investment opportunity in the Indian stock market. Rating: 7/10

Difficult Terms Explained: Consolidated Revenue from Operations: The total income generated from a company's main business activities, including all subsidiaries and joint ventures. EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization. A measure of a company's operating performance. IPO: Initial Public Offering. The process of a private company selling its shares to the public for the first time. Secondary Sale: The sale of existing shares by current shareholders to new investors, rather than the company issuing new shares. PBT: Profit Before Tax. A company's profit before deducting any income taxes. Unit Economics: The revenue and costs directly associated with producing and selling a single unit of a product or service. Operating Leverage: The extent to which fixed costs are used in operations. Higher operating leverage means fixed costs are a larger proportion of total costs, leading to magnified changes in operating income with sales changes. SKUs: Stock Keeping Units. Unique codes assigned to each distinct product and service offered by a retailer.