DSM Fresh Foods' Deepanshu Manchanda Appointed UN SDG Goodwill Ambassador by IIMSAM

2 min read     Updated on 16 Mar 2026, 04:11 PM
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Overview

DSM Fresh Foods Limited announced that Mr. Deepanshu Manchanda, its Founder and Managing Director, has been appointed as Goodwill Ambassador for UN Sustainable Development Goals by IIMSAM on March 16, 2026. The appointment recognizes his work in building inclusive food systems and farmer empowerment, particularly through partnerships with Shared Wealth Ventures LLC across Odisha, Bihar and Andhra Pradesh. In his honorary role, Manchanda will support initiatives aligned with SDG 2 (Zero Hunger), SDG 3 (Good Health and Well-Being), and SDG 17 (Partnerships for the Goals).

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DSM Fresh Foods Limited announced a significant recognition for its leadership, with Founder and Managing Director Mr. Deepanshu Manchanda being appointed as Goodwill Ambassador for the United Nations Sustainable Development Goals. The appointment, made by the Intergovernmental Institution for the Use of Micro-Algae Spirulina Against Malnutrition (IIMSAM), was formally communicated to BSE Limited on March 16, 2026.

Recognition for Food System Innovation

The appointment acknowledges Mr. Manchanda's work in building inclusive and transparent food systems, strengthening farmer livelihoods, and advancing global nutrition and food security. IIMSAM, an observer organisation to the United Nations Economic and Social Council (ECOSOC), selected Manchanda based on his contributions to sustainable food practices and farmer empowerment initiatives.

Parameter: Details
Appointee: Mr. Deepanshu Manchanda
Position: Founder & Managing Director, DSM Fresh Foods Limited
Appointing Body: IIMSAM (UN ECOSOC Observer)
Date: March 16, 2026
Nature: Honorary and non-remunerative

Company's Sustainable Development Focus

Founded in 2015, DSM Fresh Foods Limited operates on the principle that food safety, traceability and farmer inclusion are fundamental pillars of public health and economic resilience. The company has particularly focused on empowering income opportunities for smallholder farmers, with special emphasis on women producers.

Through collaboration with Shared Wealth Ventures LLC, a subsidiary of Heifer Project International, the company has established a backyard poultry sourcing model across three states. This initiative directly links women-led farming households with organised markets while promoting stronger biosecurity and premium-based procurement practices.

Initiative: Backyard Poultry Sourcing Model
Partner: Shared Wealth Ventures LLC
Coverage: Odisha, Bihar, Andhra Pradesh
Focus: Women-led farming households
Benefits: Direct market access, biosecurity, premium procurement

SDG Alignment and Responsibilities

In his role as Goodwill Ambassador, Mr. Manchanda will support initiatives aligned with key global development priorities. His responsibilities will focus on three specific Sustainable Development Goals that align with the company's operational philosophy and impact areas.

The key SDGs include:

  • Sustainable Development Goal 2 - Zero Hunger: Advocating innovative, sustainable nutrition solutions
  • Sustainable Development Goal 3 - Good Health and Well-Being: Raising awareness of nutrition interventions to fight malnutrition
  • Sustainable Development Goal 17 - Partnerships for the Goals: Fostering collaboration among institutions, communities, and stakeholders

Management Response

Commenting on the appointment, Mr. Deepanshu Manchanda expressed his commitment to the role, stating his honor at IIMSAM's recognition. He emphasized that the appointment reflects the journey begun at Zappfresh to build transparent food systems that support smallholder farmers and improve nutrition outcomes. Manchanda indicated his eagerness to support collaborative progress toward Zero Hunger, better nutrition, and strong partnerships on a global scale.

The appointment is honorary and non-remunerative in nature and does not constitute employment with IIMSAM or the United Nations. This recognition positions DSM Fresh Foods Limited's leadership at the forefront of global sustainable development initiatives while maintaining the company's focus on transparent food systems and farmer empowerment.

Historical Stock Returns for DSM Fresh Foods

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DSM Fresh Foods Limited Reports Strong H1FY26 Performance with 43.2% Revenue Growth

2 min read     Updated on 09 Mar 2026, 03:12 PM
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Overview

DSM Fresh Foods Limited reported strong H1FY26 results with revenue of Rs. 9,585 lacs (43.2% YoY growth), EBITDA of Rs. 1,527 lacs with 15.9% margins, and PAT of Rs. 704 lacs representing 188.5% growth. The company operates an integrated farm-to-fork platform under the Zappfresh brand with three processing facilities and omnichannel distribution. Strategic initiatives include geographic expansion, product diversification through Meevaa Foods, and backward integration in seafood operations.

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DSM Fresh Foods Limited has demonstrated strong financial performance in H1FY26, establishing itself as a prominent player in India's organized fresh food sector. Operating under the Zappfresh brand, the company has built an integrated farm-to-fork platform that addresses traditional supply chain inefficiencies through technology-enabled solutions.

Financial Performance Highlights

The company delivered impressive results across key financial metrics during H1FY26:

Metric H1FY26 H1FY25 Y-o-Y Growth
Revenue from Operations Rs. 9,585 lacs Rs. 6,692 lacs 43.2%
EBITDA Rs. 1,527 lacs Rs. 518 lacs 194.5%
EBITDA Margins 15.9% 7.7% 818 bps
Profit After Tax Rs. 704 lacs Rs. 244 lacs 188.5%
PAT Margins 7.3% 3.6% 369 bps
EPS Diluted Rs. 8.58 Rs. 2.98 187.9%

The company's gross profit reached Rs. 3,217 lacs with a margin of 33.6%, reflecting strong operational efficiency and pricing power in the market.

Business Operations and Scale

DSM Fresh Foods operates through a vertically integrated business model with three advanced meat processing facilities providing end-to-end automation. The company maintains multi-category manufacturing capabilities across frozen, RTE (Ready-to-Eat), and RTC (Ready-to-Cook) products.

Operational Metrics H1FY26 Performance
Monthly Online Orders 1.4 lacs
SKUs 200+
Farmer Partnerships 30
Monthly Repeat Orders 90%
Channel Partner Stores 20
Working Capital Cycle 69 days
ROCE 31%

The company's revenue split shows a balanced approach with 52% from B2C operations and 48% from B2B channels, supporting over 300 restaurants and institutional partners.

Strategic Growth Initiatives

DSM Fresh Foods has outlined several strategic priorities for expansion and value creation. The company's acqui-hiring model has proven successful, demonstrated through the acquisition of Sukos Food Pvt. Ltd. in July 2023, which achieved 4x revenue growth in the first year post-acquisition.

The company operates an export-ready manufacturing platform with a 30,000 sq. ft. facility featuring four parallel automated production lines. This facility enables access to international markets and supports the launch of Meevaa Foods, offering diverse RTE/RTC products including Indian gravy range, breakfast items, snacks, and oriental sauces.

Geographic Expansion and Market Presence

The company maintains a diversified geographic revenue split with Uttar Pradesh contributing 41% and Delhi contributing 22% of total revenue. DSM Fresh Foods plans to expand into new geographies including Telangana, Tamil Nadu, and overseas markets in Europe, US, Canada, and the Middle East.

Management Commentary

Managing Director and Chairman Mr. Deepanshu Manchanda emphasized the company's decade-long commitment to providing fresh, safe, and transparently sourced meat products. He highlighted the focus on scaling responsibly while deepening partner relationships and building a sustainable, trusted brand for long-term growth.

Industry Position and Outlook

Operating in a market where 90% of meat processing remains unorganized, DSM Fresh Foods is well-positioned to capitalize on the structural shift toward formalized, branded food products. The company's integrated supply chain, quality certifications, and technology-driven approach provide competitive advantages in addressing evolving consumer preferences for convenience, health, and food safety.

Historical Stock Returns for DSM Fresh Foods

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