Baba Food Processing (India) Limited has disclosed its related party transactions for the financial year ended March 31, 2026, in accordance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, submitted to the National Stock Exchange of India, outlines significant transactions with subsidiaries, key managerial personnel, and other related entities. The disclosure highlights financial interactions such as loans, salary payments, rent, and purchases made during the year.

The related parties identified include subsidiary Panchakanya Foods Pvt Ltd, individuals exercising control such as Mr. Yogesh Kumar Sahu and Mrs. Binita Sahu, and entities like YKS Warehousing & Logistics Pvt. Ltd. Key managerial personnel listed are Mr. Yogesh Kumar Sahu (Director), Mr. Rajesh Agrawal (Former Director & CFO, resigned on June 9, 2025), and Mrs. Binita Sahu (Director).

Significant Transactions During FY26

The company reported several financial transactions with related parties during the year. Salary payments to directors included ₹13,60,000 to Mr. Yogesh Kumar Sahu, ₹8,00,000 to Mr. Rajesh Agrawal, and ₹713,333 to Mrs. Binita Sahu. Rent payments amounted to ₹306,000 to Mr. Yogesh Kumar Sahu and ₹412,258 to YKS Warehousing & Logistics Private Limited.

Purchases from YKS Warehousing & Logistics Pvt. Ltd. totaled ₹7,75,75,052. Loan transactions included a receipt of ₹55,55,000 from Mr. Yogesh Kumar Sahu and a repayment of ₹48,25,000. The company also received a loan of ₹10,00,000 from YKS Warehousing & Logistics Private Limited and repaid ₹19,90,000 to Mrs. Binita Sahu.

Loans and Interest with Subsidiary

Transactions with subsidiary Panchakanya Foods Private Limited included a loan given of ₹18,93,38,000 and a repayment of ₹40,00,000. Interest received from the subsidiary amounted to ₹1,63,29,399.

Outstanding Balances as of March 31, 2026

The disclosure also detailed the outstanding balances at the end of the financial year. Borrowings from Director Mr. Yogesh Kumar Sahu stood at ₹73,00,000. Land rent payable to Mr. Yogesh Kumar Sahu was ₹25,500. Director remuneration payable included ₹20,000 each to Mr. Yogesh Kumar Sahu and Mrs. Binita Sahu. A loan of ₹10,00,000 from YKS Warehousing & Logistics Private Limited remained outstanding.

Baba Food Processing reported a standalone net profit of ₹307.45 lakh for the financial year ended March 31, 2026, while its consolidated financial results reflected a net loss of ₹142.88 lakh for the same period. The board approved the audited standalone and consolidated financial results for the half-year and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, M/s. Sumit Mohit & Company, issued an unmodified opinion on the financial statements.

The standalone revenue from operations for FY26 stood at ₹20,504.12 lakh, compared to ₹20,580.57 lakh in the previous year. Total expenses decreased to ₹20,262.33 lakh from ₹20,120.14 lakh in FY25. The company's basic earnings per share (EPS) for the year stood at ₹1.89, down from ₹2.64 in the prior year. On a consolidated basis, revenue from operations was ₹20,620.09 lakh, with total expenses rising to ₹20,643.85 lakh, resulting in a loss per share of ₹0.87.

Financial Performance

The board also approved the statement of related party transactions for the half-year ended March 31, 2026. The company's wholly-owned subsidiary, Panchakanya Foods Private Limited, commenced trial production at its manufacturing plant on December 27, 2025. The Income Tax Department conducted search operations on the company and its subsidiary on January 29, 2026, with proceedings currently in progress.

The trading window for dealing in the company's equity shares by designated persons and their immediate relatives remains closed from April 1, 2026, until 48 hours after the declaration of the financial results. This measure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.