Annapurna Swadisht Limited reported a consolidated net profit of ₹3,033.32 lakh for the financial year ended March 31, 2026, an increase from ₹2,151.30 lakh in the previous year. Revenue from operations for the period rose to ₹52,008.05 lakh, compared to ₹40,797.06 lakh in FY25. The company's Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 29, 2026.

The statutory auditors, M/s. Agarwal Khetan & Co, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone and consolidated financial statements. The audit was conducted in accordance with the Standards on Auditing specified under section 143(10) of the Companies Act, 2013. The financial results were prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013.

Consolidated Financial Performance

For the year ended March 31, 2026, the company reported a total revenue of ₹52,157.92 lakh, up from ₹40,871.36 lakh in the prior year. Total expenses increased to ₹47,701.36 lakh from ₹38,160.96 lakh. Profit before tax for the year stood at ₹4,430.04 lakh, compared to ₹2,893.88 lakh in FY25. The basic earnings per share (EPS) for the year improved to ₹14.38 from ₹10.84 in the previous year.

Standalone Financial Results

On a standalone basis, Annapurna Swadisht reported a net profit of ₹2,306.47 lakh for FY26, up from ₹1,878.85 lakh in the previous year. Revenue from operations increased to ₹41,492.27 lakh from ₹37,409.98 lakh. The company's finance costs rose to ₹1,554.39 lakh from ₹1,053.90 lakh in the prior year. The standalone basic EPS for the year was recorded at ₹10.57, compared to ₹9.46 in FY25.

Subsidiary and Operational Updates

During the financial year, the company acquired the remaining 26% stake in Madhur Confectioners Private Limited on December 1, 2025, making it a 100% subsidiary. Additionally, the company sold its 20% shareholding in Unoeureka Foods Factory Pvt. Ltd., resulting in the investee ceasing to be an associate. The company's operations are primarily focused on the manufacturing of snacks and food products, with no separate reportable business segments identified.

Annapurna Swadisht Ltd has announced a strategic acquisition to expand its presence in the soya-based food products market. The packaged food manufacturer will acquire a majority stake in West Bengal-based Andri Agro Foods Pvt Ltd, marking another significant step in its inorganic growth strategy.

Acquisition Details

The company has entered into an agreement to acquire 75% of the equity share capital in Andri Agro Foods Pvt Ltd (AAFPL) for a total enterprise value of ₹15.00 crore. Post-acquisition, AAFPL will become a subsidiary of Annapurna Swadisht Ltd (ASL).

Strategic Rationale and Market Entry

The acquisition is designed to strengthen ASL's product portfolio and facilitate entry into the soya-based food products market both in India and overseas. AAFPL manufactures a range of products, including soya chunks and textured vegetable protein (TVP), which will complement ASL's existing offerings.

"The acquisition of AAFPL will enable us to establish our presence in the soya-based product markets both in India and overseas. Besides, it will enable us to enter the groceries segment through bulk and premium namkeen products," said Shreeram Bagla, CMD of Annapurna Swadisht.

Manufacturing Capabilities and Brand Portfolio

AFPL operates a manufacturing unit at Raniganj in West Bengal with substantial production capacity. The company markets its products under the 'So Best' brand and also provides manufacturing services to established players in the food industry.

Financial Projections and Growth Strategy

The combined entity is targeting significant revenue growth through enhanced market presence and capacity utilization. ASL and AAFPL are projecting a combined turnover of ₹50.00-60.00 crore at approximately 60% capacity utilization of the acquired unit.

The deal is expected to open export opportunities for the company's existing portfolio alongside namkeen products, which management believes will significantly boost both topline and bottomline performance. ASL had previously reported consolidated revenues of ₹249.90 crore in the first half of the 2026 fiscal year.

Continued Expansion Through Acquisitions

This acquisition represents the second major inorganic growth initiative for ASL following its acquisition of Madhur Confectioners Pvt Ltd in FY'25. The previous acquisition helped the firm expand into international markets, including the UAE, Europe, and Africa, establishing a foundation for global operations.

The strategic acquisitions demonstrate ASL's commitment to diversifying its product portfolio and expanding its geographical reach through targeted investments in complementary businesses with established manufacturing capabilities and market presence.