Megastar Foods appoints Harsh Sharma as Company Secretary

Megastar Foods has appointed Mr. Harsh Sharma as its Company Secretary and Compliance Officer (Key Managerial Personnel) effective June 09, 2026. The appointment follows a recommendation by the Nomination and Remuneration Committee and was approved by the Board of Directors during a meeting held on Tuesday. This leadership change ensures the company maintains compliance with regulatory requirements as it continues its operations in the food processing sector.

The Board meeting commenced at 1.00 p.m. and concluded at 1.30 p.m. on June 09, 2026. The company informed the exchanges of this outcome pursuant to Regulation 30 read with Para A(7) of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Harsh Sharma is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI Membership No.73413). He has been appointed on a full-time employment basis designated as Company Secretary and Compliance Officer (KMP) of the company.

The disclosure regarding the appointment was made in compliance with SEBI Master Circular No, HO/49/74/74(7)2025-CFD-POD2/1/3762/2026 updated on January 30, 2026. The appointment details were submitted to BSE Limited and National Stock Exchange of India Limited.

Appointment Details

S. No.	Particulars	Details
1.	Reason for change	Appointment of Mr. Harsh Sharma (ICSI Membership No.73413) as Company Secretary and Compliance Officer (KMP) of the company.
2.	Date of appointment & term	Appointed w.e.f. 09.06.2026. Terms: Full time employment, designated as Company Secretary and Compliance Officer (KMP) of the company.
3.	Brief profile	Mr. Harsh Sharma is a qualified Company Secretary and Associate Member of the Institute of Company Secretaries of India.
4.	Disclosure of relationships	Not Applicable

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.99%	+5.89%	+6.31%	+30.09%	+28.67%	+183.48%

Megastar Foods Limited reported a robust financial performance for the fiscal year ended March 31, 2026, with consolidated net profit rising 145% to ₹930 lakh from ₹379 lakh in the previous year. The growth was underpinned by a 47.5% increase in revenue from operations, which reached ₹53,258 lakh compared to ₹36,101 lakh in FY25. The company’s earnings per share (EPS) improved to ₹8.23 from ₹3.36 in the prior year. The investor presentation detailing these results was submitted to the stock exchanges on May 25, 2026.

Financial Performance Overview

The company’s operational efficiency improved significantly, with EBITDA for FY26 growing 60.7% to ₹3,580 lakh from ₹2,229 lakh in FY25. The EBITDA margin expanded to 6.72% from 6.17%. On a standalone basis, net profit for the year was ₹916.19 lakh, with revenue from operations reaching ₹53,299.82 lakh. The debt-equity ratio improved to 0.69 times from 0.83 times, while the interest service coverage ratio stood at 1.81 times for FY26, up from 1.37 times in the previous year.

Metric	Standalone FY26 (₹ in lakhs)	Standalone FY25 (₹ in lakhs)	Consolidated FY26 (₹ in lakhs)	Consolidated FY25 (₹ in lakhs)
Revenue from Operations	53,299.82	35,036.25	53,258	36,101
Total Income	53,299.82	35,036.25	53,311	36,125
Net Profit for the Year	916.19	377.56	930	379

Quarterly Results

For the quarter ended March 31, 2026 (Q4FY26), the company recorded a consolidated net profit of ₹224 lakh, compared to ₹131 lakh in the same quarter of the previous year. Revenue from operations for Q4FY26 was ₹14,606 lakh, up from ₹12,138 lakh in Q4FY25. EBITDA for the quarter stood at ₹1,008 lakh. The standalone net profit for Q4FY26 was ₹217.30 lakh.