ACJK Exports Q3 Revenue Rises 15% to ₹5.71B, PAT Soars 94% YoY
Amir Chand Jagdish Kumar (Exports) Ltd reported strong Q3 FY26 results with revenue growing 15% YoY to ₹5,712.12 million and PAT surging 94% to ₹346.88 million. EBITDA increased 39.2% to INR 75 crores with margins expanding 410 bps to 13.1%. The nine-month period showed consistent growth with revenue at ₹15,924.58 million, up 12.04%, and PAT at ₹833.42 million, up 70.87%. The company successfully completed its IPO, raising INR 440 crores to strengthen its balance sheet for future expansion.
*this image is generated using AI for illustrative purposes only.
Amir Chand Jagdish Kumar (Exports) Limited, an ISO 22000:2018 certified rice miller and exporter, announced its unaudited financial results for the quarter ended December 31, 2025. The Board of Directors approved both standalone and consolidated financial statements during their meeting held on April 16, 2026, demonstrating robust performance across all key metrics. The company successfully completed its IPO, raising INR 440 crores, which has strengthened its balance sheet for future expansion.
Consolidated Financial Performance
The consolidated results, including wholly-owned subsidiary ACJK Foods Private Limited, showcased exceptional growth momentum with significant improvements in revenue and profitability metrics.
| Consolidated Metrics: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹5,712.12 million | ₹4,965.69 million | +15.03% |
| Net Profit: | ₹346.88 million | ₹178.84 million | +94.02% |
| Basic EPS: | ₹4.19 | ₹2.24 | +87.05% |
| Total Income: | ₹5,699.82 million | ₹4,970.56 million | +14.68% |
Q3 and 9M Performance Analysis
The company delivered strong performance with substantial growth in both revenue and profitability. EBITDA for Q3 FY26 stood at INR 75 crores, growing 39.2% year-on-year from INR 44.9 crores in Q3 FY25. EBITDA margins improved significantly by 410 basis points to 13.1% in Q3 FY26. For the nine-month period ended December 31, 2025, EBITDA reached INR 180.7 crores, up 46.2% from INR 123.6 crores.
| Particulars (₹ Cr) | Q3 FY26 | Q3 FY25 | YoY | Q2 FY26 | QoQ | 9MFY26 | 9MFY25 | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenues | 571.2 | 496.6 | 15.0% | 593.3 | -3.7% | 1,592.5 | 1,421.3 | 12.0% |
| EBITDA | 75.0 | 44.9 | 39.2% | 61.4 | 22.1% | 180.7 | 123.6 | 46.2% |
| EBITDA Margins (%) | 13.1% | 9.0% | 10.4% | 11.3% | 8.7% | |||
| Profit after Tax | 34.7 | 17.9 | 94.0% | 32.6 | 6.5% | 83.3 | 48.8 | 70.9% |
| PAT Margins (%) | 6.1% | 3.6% | 5.5% | 5.2% | 3.4% |
Standalone Financial Results
The standalone performance reflected improved operational efficiency in the rice export sector, with revenue from operations reaching ₹5,055.82 million, up 19.40% year-on-year. Net profit for the standalone entity surged 139.56% to ₹271.38 million from ₹113.28 million in the corresponding quarter of the previous year.
IPO Proceeds and Utilization
The company completed its Initial Public Offer of 20,754,716 equity shares at ₹212 per share, with shares listed on NSE and BSE on April 2, 2026. Net proceeds of ₹4,111.14 million were received for funding working capital requirements and general corporate purposes.
| IPO Utilization: | Allocated Amount | Utilized | Unutilized |
|---|---|---|---|
| Working Capital Requirements: | ₹4,000.00 million | - | ₹4,000.00 million |
| General Corporate Purposes: | ₹111.14 million | - | ₹111.14 million |
| Total: | ₹4,111.14 million | - | ₹4,111.14 million |
Management Commentary
Commenting on the results, Mr. Jagdish Kumar Suri, Chairman & Managing Director, stated: "We are pleased to report a strong performance for Q3 FY26, marked by consistent growth across key financial metrics. We have also achieved a major milestone with successfully completing our IPO and raising INR 440 crores which further strengthen our balance sheet, positioning us well for future expansion." He highlighted that the ongoing shift from unorganized to organized segments continues to be a key structural tailwind, enabling market share gains. The company remains confident in its growth outlook, supported by a strengthened capital base and continued investments in brand building and market expansion.
Regulatory Compliance and Operations
The financial results were reviewed by the Audit Committee and approved by the Board of Directors. Statutory auditor Pramod K. Sharma & Co. issued limited review reports with unmodified conclusions on both standalone and consolidated financial results. The company operates multiple manufacturing units across Delhi, Punjab, and Haryana under the Aeroplane Brand Rice, maintaining its position as a Super Star Trading House in rice milling and exports.
How will the company deploy the ₹4,111.14 million in IPO proceeds for working capital expansion, and what timeline is expected for full utilization?
What impact could potential changes in global rice trade policies or export restrictions have on the company's revenue growth trajectory?
Will the company consider strategic acquisitions or capacity expansions to challenge the top two players in the rice export industry?
17
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
