Himalaya Food International has scheduled a board meeting for August 27, 2026, to consider the acquisition of Doon Valley Foods Private Limited's business undertaking. The proposed deal includes the purchase of plant, machinery, industrial land, buildings, and cold storage assets.

The company will also seek approval for the settlement of historical operational liabilities associated with the target entity. The meeting is set to commence at 11:30 am via video conferencing.

Transaction Details

The agenda focuses exclusively on the strategic expansion through asset acquisition. The board will review the terms regarding the transfer of physical infrastructure and operational liabilities from Doon Valley Foods.

Regulatory Compliance

The intimation was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window remains closed in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading.

Himalaya Food International Limited, formerly known as Himalaya International Ltd, is headquartered in New Delhi with manufacturing plants in Vadnagar, Gujarat, and Paonta Sahib, Himachal Pradesh.

Himalaya Food International Limited returned to profitability in its first quarter of FY27, reporting a net profit of ₹104 lakh for the period ended June 30, 2026. This stands in contrast to the net loss of ₹239 lakh recorded in the immediately preceding quarter (Q4FY26), signaling a reversal in earnings momentum.

The company’s total income from operations rose to ₹879 lakh, compared to ₹844 lakh in the previous quarter. On a year-over-year basis, however, operating income declined to ₹879 lakh from ₹1,039 lakh in Q1FY26, where the firm had reported a net profit of ₹259 lakh.

Financial Performance

The unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 14, 2026. The key metrics for the quarter are detailed below:

Earnings per share (EPS) stood at ₹0.12 for both basic and diluted calculations, improving from a loss of ₹0.28 per share in the prior quarter.

What the Numbers Show

The return to profitability was driven by an improvement in pre-tax margins rather than top-line growth. While revenue increased sequentially by approximately 4%, it remained significantly lower than the same period last year. The absence of exceptional items in the current quarter suggests the profit figure reflects core operational performance, contrasting with the significant losses incurred in the final quarter of FY26.

Corporate Details

The company’s paid-up equity share capital remains unchanged at ₹8,479 lakh. The full format of the unaudited financial results is available on the BSE website and the company’s official portal.