Apex Frozen Foods reported a net profit of ₹39 crore for the financial year ended March 31, 2026, a surge of 902% compared to the previous year, driven by significant operational efficiency and a sharp reduction in finance costs. The company’s board met on May 30, 2026, to approve the audited financial results and recommended a final dividend of ₹2.50 per equity share for FY26, subject to shareholder approval. Revenue from operations for FY26 stood at ₹931 crore, representing a 14% growth year-on-year. The company filed an investor presentation for Q4FY26 with the exchanges on June 1, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For the fourth quarter ended March 31, 2026, net profit rose to ₹8 crore from ₹2 crore in the corresponding period of the previous year. EBITDA for the quarter nearly doubled to ₹17 crore, with the margin expanding to 9.8% from 3.9%. The company reported a PAT margin of 4.1% for the full year, up from 0.5% in FY25. Return on Equity (RoE) improved to 7.4%, while Return on Capital Employed (RoCE) stood at 10.8% in FY26.

Operational Highlights

The statutory auditors, M/s. Padmanabhan Ramani & Ramanujam, Chartered Accountants, issued an audit report with an unmodified opinion for the year ended March 31, 2026. The revenue from operations for the quarter included export benefits of ₹9 crore. The company’s sole reportable segment remains shrimp processing. Total borrowings reduced significantly to ₹6 crore in March 2026 from ₹107 crore in March 2024, resulting in a net debt-to-equity ratio of -0.02.

Board and Dividend Details

The board meeting was held on May 30, 2026, at the company's registered office. In compliance with insider trading regulations, the trading window for dealing in equity shares will reopen on June 2, 2026. The recommended dividend of ₹2.50 per share (25%) is on a face value of ₹10 per share.

apex frozen foods has disclosed that its promoter group collectively held 72.62% of the company's equity shares as on March 31, 2026. The disclosure was submitted to the stock exchanges pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The promoters, relatives of promoters, and persons acting in concert held a total of 2,26,94,057 equity shares. The company confirmed that no shares were encumbered, directly or indirectly, during the financial year ended March 31, 2026.

Shareholding Details

The following table outlines the shareholding details disclosed by the promoter group:

The declaration was submitted by Karuturi Subrahmanya Chowdary on behalf of the promoter group, including co-promoters and other persons acting in concert. The disclosure was authorized by all relevant members of the promoter group.