DSM Fresh Foods Limited reported a strong operational performance for the quarter ended June 30, 2026, with Revenue from Operations growing 58% year-on-year to approximately ₹74 crore. The company successfully completed the acquisition of Meevaa Foods in the first week of July 2026, positioning the combined business at an approximate pro-forma quarterly revenue run-rate of ₹85 crore. This expansion reflects the enhanced scale of its consumer business platform and strengthens its integrated farm-to-fork ecosystem.

The company significantly accelerated its retail expansion during the quarter, increasing its footprint to approximately 200 co-branded retail outlets. This figure surpasses the original FY27 target of 150 outlets, achieved well ahead of schedule through an asset-light and scalable retail model. DSM Fresh Foods also added over 70 new enterprise customers, strengthening its institutional business pipeline across domestic and export markets.

Distribution capabilities were bolstered by expanding presence across Amazon, Blinkit, and modern retail channels, including the commencement of Blinkit deliveries in Mumbai. The company continued scaling Meevaa Foods across retail, e-commerce, and quick commerce platforms, enhancing its portfolio in the frozen, ready-to-eat, and ready-to-cook foods categories.

Backward integration efforts progressed with the strengthening of its aquaculture ecosystem, including the onboarding of 10 new sourcing partners and the initiation of 270-acre land aggregation. DSM Fresh Foods now works with over 1,700 seafood farmers and successfully incorporated Varuna Aquatech Private Limited as a dedicated platform for aquaculture development. International distribution expanded into the UK, Canada, and GCC markets, including a new distribution partner in Dubai.

Key Financial and Operational Metrics

Future Guidance

DSM Fresh Foods has reiterated its long-term growth roadmap of achieving ₹600 crore in revenue by FY28 with an EBITDA margin of 18–20%. This target is driven by the rapid expansion of its branded consumer business, increasing contribution from value-added products, accelerated retail and omnichannel expansion, and operating leverage across its platform.

DSM Fresh Foods Limited has completed the acquisition of 100% equity share capital in Avyom Foodtech Private Limited for a cash consideration of ₹1 lakh. Consequently, Avyom Foodtech Private Limited has become a wholly owned subsidiary of DSM Fresh Foods Limited, strengthening the company's presence in the food processing and allied sector.

The transaction, classified as a related party transaction, involves common promoters and directors in both entities. It was undertaken on an arm’s length basis. The acquisition was executed through a preferential issue of shares, funded via banking channels.

Strategic Objectives

The investment is a strategic acquisition aimed at expanding DSM Fresh Foods Limited’s footprint in the food processing, manufacturing, and allied food products sector. Avyom Foodtech Private Limited, formerly known as IEY Education Private Limited, is engaged in the manufacturing, processing, and distribution of ready-to-eat, ready-to-cook, frozen foods, snacks, gravies, and sauces.

The acquisition is expected to facilitate Avyom Foodtech Private Limited’s proposed acquisition of the operational food processing business of Ambrozia Frozen Foods through a slump sale. This move is anticipated to result in operational synergies, expansion of the product portfolio, and enhancement of market reach.

Financial Overview of Target

Avyom Foodtech Private Limited was incorporated on July 22, 2022. The target entity reported a turnover of ₹14,90,284 for FY 2024-25. The turnover for the preceding financial years was ₹19,55,955 in FY 2023-24 and ₹7,17,880 in FY 2022-23.

The disclosure was made to the BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Deepanshu Manchanda, Managing Director of DSM Fresh Foods Limited, signed the filing on July 14, 2026.