ADF FOODS LIMITED

Management reported that ADF Foods Limited commenced FY27 with strong performance, achieving a consolidated revenue growth of 25.9% year-on-year to INR167.3 crores in Q1. Stand-alone revenue also increased by 20.5% to INR120.9 crores. This growth was attributed to deeper market penetration, product diversification, and strong execution in international markets, despite challenges from geopolitical uncertainties and elevated freight costs. The company noted robust demand for its ethnic food products, particularly from the Ashoka and Truly Indian brands. Management highlighted the successful launch of its Surat facility, which has begun commercial deliveries, and received AEO-T3 certification to enhance export operations. Consolidated EBITDA rose by 26% to INR29.7 crores, with a margin of 17.7%. Management set a goal of achieving revenue upwards of INR900 crores for FY27 while maintaining high-teen EBITDA margins, despite ongoing external uncertainties.

Management emphasized strong growth and operational achievements amid challenges.