Foods & Inns guides 18% volume growth for FY27
Foods & Inns Limited filed the transcript of its Q4FY26 earnings conference call, detailing a challenging FY26 marked by lower realizations and export disruptions, yet highlighting 28% volume growth in frozen foods. For FY27, management guided for an 18% overall volume increase, targeting ₹20 crores in business from Tetra Recart and expanding spray drying capacity. Financially, the company recognized ₹33.86 crores in FY25 PLI incentives and reduced borrowings to ₹411 crores, while advancing sustainability projects and commencing commercial production at its pectin facility.

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Foods & Inns Limited has filed the transcript of its earnings conference call held on June 2, 2026, to discuss the audited financial results for the quarter and fiscal year ended March 31, 2026. The disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transcript provides a detailed account of the management's discussion on financial performance, operational outlook, and strategic initiatives.
The submission was confirmed by Ameya Tulshidas Masurkar, Company Secretary & Compliance Officer, via a regulatory filing dated June 4, 2026. Management addressed challenges faced during FY26, including lower realizations due to raw material cost pass-throughs, temporary disruptions in export markets, and lower tomato processing volumes. Despite these, the company reported strong momentum in frozen foods, with volume growth of approximately 28% during the year.
Operational Outlook and Guidance
Looking ahead to FY27, the company has guided for an overall volume growth of approximately 18%. This growth is expected to be driven primarily by the frozen segment and the new Tetra Recart packaging solution. Confirmed orders for Tetra Recart currently stand at 400 metric tons, valued at around ₹8 crores, with expectations of reaching approximately ₹20 crores in business during FY27. The company is also expanding its spray drying line capacity by 120 metric tons per annum.
Financial and Strategic Highlights
A key milestone during the quarter was the receipt and recognition of the FY25 Production Linked Incentive (PLI) of ₹33.86 crores. Management noted that borrowings have decreased to ₹411 crores from ₹427 crores in the previous year. The company continues to focus on reducing debt and improving free cash flow through better capacity utilization and working capital management.
Sustainability and Expansion
The company strengthened its sustainability initiatives with additional solar installations at its Vankal and Gonde facilities. These installations, with a capacity of 1,300 kWp each, have a payback period of less than 3 years. Furthermore, commercial production for the pectin project has commenced, with management targeting 50% capacity utilization in the current year to generate approximately ₹7 crores to ₹8 crores in revenue.
Corporate Information
The filing was submitted from the company's corporate address located at J. N. Heredia Marg, Hamilton House, 3rd floor, Ballard Estate, Mumbai - 400038. Foods & Inns Ltd. is registered at Udyog Bhavan, 2nd Floor, 29 Walchand Hirachand Marg, Ballard Estate, Mumbai 400038.
Historical Stock Returns for Foods & Inns
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.25% | -4.19% | -2.10% | -22.10% | -56.55% | -39.51% |
What are the specific market trends driving the expected 18% volume growth in FY27?
How will the new Tetra Recart packaging solution impact profit margins compared to existing products?
What strategies will the company employ to address the export market disruptions faced in FY26?































