Mayank Cattle Food FY26 Net Profit Rises 21% to Rs 60.18 Mn

6 min read     Updated on 13 May 2026, 02:43 PM
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Mayank Cattle Food Limited reported audited financial results for FY26, showing a 21.01% increase in net profit to Rs 60.18 Mn and a 3.15% rise in revenue to Rs 4031.67 Mn. Annualized EPS grew 20.96% to Rs 11.14, supported by improved operational efficiency and reduced finance costs.

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Mayank Cattle Food Limited held its Board of Directors meeting on May 11, 2026, to approve the audited standalone financial results for the half year and full financial year ended March 31, 2026. The statutory auditors, J C Ranpura & Co., issued an unmodified opinion on the financial results. The company has published these results in newspapers, including The Indian Express and Financial Express, on May 12, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance: FY26 Full Year

The company posted a strong improvement in profitability for the full financial year, with Profit After Tax growing 21.01% and annualized EPS rising 20.96%. The following table presents the key financial highlights from the Statement of Profit and Loss:

Metric: FY26 (Audited) FY25 (Audited) Change (%)
Revenue from Operations (Rs. Mn): 4031.67 3908.58 +3.15%
Profit Before Tax (Rs. Mn): 82.77 71.11 +16.40%
Profit After Tax (Rs. Mn): 60.18 49.73 +21.01%
Basic EPS (Rs.): 11.14 9.21 +20.96%
Diluted EPS (Rs.): 11.14 9.21 +20.96%

Revenue from operations rose to Rs 4031.67 Millions in FY26 from Rs 3908.58 Millions in FY25, while Profit Before Tax increased by 16.40% to Rs 82.77 Millions. Profit After Tax demonstrated tremendous growth of 21.01%, reaching Rs 60.18 Millions compared to Rs 49.73 Millions in the prior year. Cost of material consumed stood at ₹37,113.03 lakhs, while finance costs declined to ₹326.46 lakhs from ₹364.99 lakhs, indicating improved debt management.

Half-Year Performance Comparison

The second half of FY26 demonstrated stronger performance compared to both the first half of FY26 and the corresponding period of FY25. Key metrics are presented below:

Metric (Rs. Millions): H2 FY26 H2 FY25 Change (%)
Revenue from Operations: 2177.81 2116.26 +2.91%
Profit Before Tax: 47.77 43.39 +10.09%
Profit After Tax: 34.94 29.52 +18.36%
EPS (Rs.): 6.47 5.47 +18.28%

Balance Sheet Highlights

The company's total assets expanded to ₹8,478.88 lakhs as at March 31, 2026, compared to ₹7,242.95 lakhs in the prior year. Reserves and surplus improved to ₹3,268.08 lakhs from ₹2,666.26 lakhs, reflecting the accretion of profits during the year. Long-term borrowings declined to ₹405.63 lakhs from ₹530.99 lakhs, while short-term borrowings increased to ₹3,579.14 lakhs from ₹3,098.37 lakhs.

IPO Fund Utilisation and Deviation

The company disclosed a deviation in utilisation of funds raised through its Initial Public Offer. Unutilised issue proceeds of ₹74.17 lakhs, originally earmarked for capital expenditure, were reallocated towards working capital requirements. Total funds utilised stood at ₹1,943.83 lakhs, with an unutilised balance of ₹0.17 lakh retained in the Escrow IPO account.

Historical Stock Returns for Mayank Cattle Food

1 Day5 Days1 Month6 Months1 Year5 Years
-3.71%+7.80%+17.81%-1.57%-13.11%+69.86%

Given the sharp decline in operating cash flow from ₹1,126.30 lakhs to ₹32.53 lakhs despite strong PAT growth, how sustainable is Mayank Cattle Food's working capital management strategy as the company scales further?

With short-term borrowings rising to ₹3,579.14 lakhs against a cash balance of just ₹9.47 lakhs, what refinancing or liquidity risks could the company face if maize commodity prices experience significant volatility in FY27?

Following the reallocation of IPO capex funds toward working capital, will the company need to raise additional capital to fund future plant and machinery expansion to support its claimed market leadership trajectory?

Mayank Cattle Food Limited Commences Groundnut Oil Production Operations

2 min read     Updated on 28 Apr 2026, 11:02 AM
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Mayank Cattle Food Limited commenced groundnut oil production on April 28, 2026, as part of its forward integration strategy into the edible oils segment. The company disclosed this under SEBI Regulation 30, targeting the domestic market with premium groundnut oil for both household and commercial HoReCa applications. Managing Director Bharat Vachhani expects this launch to boost revenue, diversify income sources, and enhance market penetration among health-conscious consumers while strengthening the company's FMCG sector presence.

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Mayank Cattle Food Limited has officially commenced production of groundnut oil on April 28, 2026, marking a significant expansion into the edible oils segment. The company disclosed this development under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Product Launch Details

The regulatory filing provides comprehensive information about the new product launch:

Parameter: Details
Product Name: Groundnut Oil
Production Start Date: April 28, 2026
Product Category: Edible Oil
Target Market: Domestic
International Markets: Not Applicable

Strategic Forward Integration

This groundnut oil launch represents a forward integration strategy for Mayank Cattle Food Limited, expanding beyond its traditional cattle feed manufacturing business. The company has positioned this as a significant step in its growth strategy, aimed at strengthening its presence in the fast-moving consumer goods (FMCG) sector.

The premium groundnut oil is manufactured using carefully selected, high-grade groundnuts processed under stringent quality control measures. The product targets the growing demand for healthy, natural, and chemical-free cooking oils in the domestic market.

Product Variants and Applications

The company has developed multiple product offerings to cater to different market segments:

Household Edition

  • Specially crafted for daily cooking needs of modern families
  • Processed under strict hygienic conditions
  • Preserves natural aroma, rich taste, and essential nutrients
  • Heart-friendly cooking oil with high-oleic variant for heart health support

Commercial Applications

  • Bulk HoReCa Pack: Designed for hotels, restaurants, cafes, and catering services
  • Cost-efficient solution for high-volume requirements
  • Convenient handling and storage for large-scale users
  • Economical option for professional kitchens demanding consistency

Quality Standards and Features

The groundnut oil production incorporates several quality assurance measures:

  • Multiple quality checks conducted at various production stages
  • Testing for purity, safety, and compliance with food safety regulations
  • High smoke point making it ideal for deep frying and sautéing
  • Neutral, slightly buttery flavor suitable for versatile cooking applications

Management Commentary

Managing Director Bharat Vachhani expressed satisfaction with the product launch, stating his delight in announcing the introduction of groundnut oil. He emphasized the company's continued commitment to innovation and excellence in the oil manufacturing sector, describing the product as a testament to their dedication to providing highest quality products.

Vachhani highlighted that the groundnut oil launch is expected to boost revenue, diversify income sources, and enhance market penetration by catering to health-conscious consumers. He noted that this move strengthens the company's brand image, provides a competitive edge, and establishes groundwork for long-term growth through further product development and market expansion.

Company Background

Mayank Cattle Food Limited operates in the manufacturing of maize oil (non-edible) and maize cake (cattle feed). The company has established itself as a comprehensive provider of premium products, encompassing edible oil, extracting corn oil, cattle food, animal food, and cattle food cake. With an extensive network of dealers across India, the company has built a reputation for top-quality cattle food products and substantial market influence in the cattle food industry.

Historical Stock Returns for Mayank Cattle Food

1 Day5 Days1 Month6 Months1 Year5 Years
-3.71%+7.80%+17.81%-1.57%-13.11%+69.86%

How will Mayank Cattle Food's entry into the competitive edible oils market impact its margins compared to established players like Adani Wilmar and Ruchi Soya?

What additional FMCG product categories might the company explore next as part of its diversification strategy beyond groundnut oil?

Will the company need to establish separate distribution channels for its edible oil business or leverage existing cattle feed dealer networks?

More News on Mayank Cattle Food

1 Year Returns:-13.11%