ADF Foods Limited reported its financial results for the fourth quarter and fiscal year ended March 31, 2026. The company achieved its highest-ever consolidated quarterly revenue, growing 23.7% year-on-year to Rs. 196.7 crore in Q4 FY26. Consolidated net profit for the quarter rose by 57.6% to Rs. 25.9 crore, while EBITDA increased by 38.9% to Rs. 34.3 crore, with margins expanding to 17.4%. The audited standalone and consolidated financial results were published in Business Standard and Lokmitra on May 14, 2026.

Q4 Consolidated Performance

The company posted robust growth across key metrics during the quarter. Consolidated revenue increased from Rs. 159.1 crore in Q4 FY25 to Rs. 196.7 crore in Q4 FY26. Profit After Tax (PAT) improved to Rs. 25.9 crore from Rs. 16.4 crore in the corresponding prior-year quarter. The EBITDA margin expanded by 190 basis points to 17.4%.

Standalone and Annual Performance

On a standalone basis, Q4 revenue grew by 11.6% to Rs. 150.3 crore, while PAT increased by 40.0% to Rs. 30.1 crore. For the full fiscal year FY26, consolidated revenue reached Rs. 683.2 crore, a 15.9% increase over the previous year's Rs. 589.6 crore. Annual consolidated PAT stood at Rs. 96.8 crore, reflecting a 39.7% growth compared to FY25.

Management Commentary and Outlook

During the earnings conference call, management highlighted that the growth was driven by volume, product mix, and rupee depreciation. The flagship brand, Ashoka, continues to strengthen its presence, while the mainstream brand, Truly Indian, exceeded expectations, winning the NEXTY Award for its Tikka Masala Naan. Operations commenced at the Surat greenfield facility in Q4 FY26, with a planned scale-up. The company remains cautiously optimistic despite challenges in the Middle East due to geopolitical tensions, which impacted shipments in March and April. For FY27, management provided revenue guidance of Rs. 925 crore to Rs. 1,000 crore, assuming the situation stabilizes.

Dividend Declaration and Record Date

The Board of Directors recommended a final dividend of Rs. 0.60 per share, or 30%, for the financial year 2025-26. This is in addition to the interim dividend of Rs. 0.60 per share declared earlier, bringing the total dividend for FY26 to Rs. 1.20 per share. The company has set Wednesday, August 5, 2026, as the record date for determining shareholder eligibility for the final dividend. The Register of Members and Share Transfer Books will remain closed from Thursday, August 6, 2026, to Wednesday, August 12, 2026.

ADF Foods Limited has announced the re-appointment of M/s. RMJ & Associates LLP, Chartered Accountants, as the Internal Auditors of the Company for the Financial Year 2026-27. The decision was approved by the Board of Directors at its meeting held on Wednesday, 13th May, 2026, acting on the recommendations of the Audit Committee. The intimation has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Schedule III of the Listing Regulations.

Re-appointment Details

The following table outlines the key details of the re-appointment as disclosed under Regulation 30 of the Listing Regulations:

Profile of M/s. RMJ & Associates LLP

M/s. RMJ & Associates LLP is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI). The firm is specialised in providing services across multiple domains, as highlighted below:

• Audit & Assurance
• Direct and Indirect Tax
• Business Advisory
• Accounting
• Regulatory Compliances

The firm operates across three locations — Mumbai, Ahmedabad, and Pune — and comprises a team of 100 plus members led by 6 Partners with rich domain experience.

Regulatory Disclosure

The disclosure has been made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. The intimation was signed by Shalaka Ovalekar, Company Secretary of ADF Foods Limited, and submitted to both the National Stock Exchange of India Limited and BSE Limited on 13th May, 2026.