APEX FROZEN FOODS LIMITED

Apex Frozen Foods Limited held its Q1 FY27 Earnings Conference Call on August 18, 2026, where management discussed mixed trends in performance. Average shrimp realization increased by 15% year-on-year to INR 930 per kilo, despite a decline in total shrimp sales volume to 2,624 metric tons from 3,015 metric tons in the previous year. The U.S. market accounted for 70% of total sales, with a 13% year-on-year increase, while sales to the EU and U.K. were impacted by transportation disruptions. Financially, net revenue remained flat at INR 257 crores, but EBITDA rose 79% to INR 33 crores, and profit after tax increased by 138% to INR 22 crores. Management emphasized a focus on cost efficiency and maintaining a healthy balance sheet, while expressing optimism about future sales recovery and market conditions. The call concluded with a Q&A session addressing various operational and market-related queries.

Management highlighted both positive financial growth and challenges in sales volume.