Himalaya Food International Limited reported a net profit of ₹370 lakh for the financial year ended March 31, 2026, a decrease from ₹317 lakh in the previous year. Revenue from operations for the year stood at ₹3958 lakh, compared to ₹4074 lakh in FY25. The company submitted copies of the newspaper advertisements published on June 01, 2026, for the audited financial results to BSE Limited, complying with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board approved the audited standalone financial results during a meeting held on May 30, 2026. The financial results were prepared in accordance with the Indian Accounting Standard (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The trading window for the company's securities remains closed until 48 hours after the declaration of the results.

Financial Performance for FY26

The balance sheet reflects total assets of ₹20679 lakh as of March 31, 2026, down from ₹21616 lakh in the previous year. Equity share capital increased to ₹8479 lakh from ₹5787 lakh, primarily due to the proceeds from the issue of equity shares via a rights issue amounting to ₹3715 lakh. Cash and cash equivalents at the end of the year were ₹117 lakh, compared to ₹484 lakh at the beginning of the financial year.

For the quarter ended March 31, 2026, the company reported a net loss of ₹239 lakh. Total income from operations for the quarter stood at ₹844 lakh.

Himalaya Food International Ltd has successfully cleared 78% of its One-Time Settlement (OTS) liability with consortium banks, marking the end of a 13-year period of financial stress and Non-Performing Asset (NPA) classification. The company announced that the resolution of legacy debt has unshackled it from NPA restrictions and restored its institutional creditworthiness. This financial turnaround is accompanied by a strategic pivot towards high-margin value-added products and an aggressive expansion into international markets, including the United Kingdom and Japan.

Debt Resolution and Legal Actions

The company’s management finalized a comprehensive OTS framework with its lenders, demonstrating financial transparency by paying the majority of the settlement amount. Himalaya Food is now on track to clear the remaining balance to achieve a clean balance sheet. Concurrently, the company has shed its defensive posture regarding legacy disputes and is aggressively pursuing claims against its erstwhile Joint Venture partner, J.R. Simplot. The firm has formally raised the matter of the illegal non-return of specialized processing machinery before judicial forums, seeking comprehensive financial damages for the replacement cost and six years of lost productivity.

Global Footprint Expansion

Operational engines continued to hum amidst legal and financial battles. On May 8, 2026, the company shipped its first-ever consignment of three containers of Frozen French Toast Sticks to the United Kingdom. This milestone builds upon the company's success in Australia and its established market dominance in the United States. With in-roads secured into the UK, European, and Australian geographies, the company is actively progressing toward market entry into Japan.

Strategic Roadmap

Looking ahead, Himalaya Food has outlined a targeted strategy for the next three years focused on full asset optimization and value-added product growth. The company aims to achieve maximum capacity utilization across its French Fry and Frozen Specialty Processing lines. The management emphasized that its ultimate objective is to translate operational efficiency into robust bottom-line growth and shareholder returns, leveraging its expertise in industrial mushroom cultivation and specialized potato manufacturing.