Megastar Foods Limited Receives Notice in Motor Accident Claim Petition

1 min read     Updated on 17 Mar 2026, 06:49 PM
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AI Summary

Megastar Foods Limited disclosed receiving a motor accident claim notice from Chandigarh tribunal involving a vehicle previously sold by the company. The company maintains the vehicle was sold in March 2025 and is no longer in its possession, planning to challenge its involvement in the case while expecting no material financial impact.

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Megastar Foods Limited has informed the stock exchanges about receiving a notice in a motor accident claim petition, as part of its regulatory disclosure obligations under SEBI Listing Regulations.

Notice Details and Timeline

The company received a notice from the Motor Accident Claims Tribunal, Chandigarh (District and Sessions Court, Chandigarh) regarding a motor accident claim petition filed by a claimant. The notice was dated 11.03.2026 and received by the company on 17.03.2026.

Parameter: Details
Authority: Motor Accident Claims Tribunal, Chandigarh
Notice Date: 11.03.2026
Receipt Date: 17.03.2026
Nature: Motor accident claim petition

Company's Position and Response

Based on the company's assessment, the vehicle allegedly involved in the accident was sold by Megastar Foods in March 2025. The vehicle is no longer in possession or use by the company or any of its representatives since the sale. The petition alleges a motor accident involving a vehicle that was registered in the name of the company.

The company has indicated its intention to challenge the proceedings, stating it is contemplating filing an appeal against its wrongful involvement in the case. Management expressed confidence in achieving a favorable outcome in the matter.

Financial Impact Assessment

Megastar Foods has assessed that the notice is not expected to have any material financial impact on the company. This assessment is based on the fact that the vehicle in question was sold by the company in March 2025, prior to the alleged incident.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as required under Clause 20 of Para A of Part A of Schedule III of the SEBI Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024.

The communication was signed by Vikas Goel, Managing Director (DIN: 05122585), and submitted to both BSE Limited and National Stock Exchange of India Limited for regulatory compliance and investor information.

Historical Stock Returns for Megastar Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+2.55%+2.31%+16.85%+17.75%+34.68%+133.48%

Megastar Foods Q3FY26 Results: 530% Net Profit Growth with Strong Business Momentum

2 min read     Updated on 08 Feb 2026, 12:42 AM
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Megastar Foods Limited delivered outstanding Q3FY26 financial performance with net profit jumping 530% to ₹306.94 lakhs and revenue rising 59.4% to ₹14,121.35 lakhs. The company's nine-month results showed sustained momentum with 67.8% revenue growth and strong partnerships with leading MNCs including Nestle and Mrs Bector Food.

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Megastar Foods Limited has published its Q3FY26 unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, in newspapers as required under Regulation 47 of SEBI Listing Regulations. The company also released a comprehensive investor presentation showcasing exceptional growth across key performance metrics.

Q3FY26 Financial Performance

The published results showcase exceptional growth across key performance metrics for the quarter ended December 31, 2025:

Metric: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: ₹14,121.35 lakhs ₹8,861.26 lakhs +59.40%
Net Profit: ₹306.94 lakhs ₹48.74 lakhs +530.00%
Total Income: ₹14,138.00 lakhs ₹8,871.71 lakhs +59.40%
Profit Before Tax: ₹372.97 lakhs ₹66.02 lakhs +465.00%
EBITDA: ₹980 lakhs ₹612 lakhs +60.13%

Nine-Month Performance Analysis

The nine-month period results demonstrate sustained business momentum with substantial growth:

Parameter: 9M FY26 9M FY25 Change (%)
Revenue from Operations: ₹38,651.43 lakhs ₹23,030.70 lakhs +67.80%
Net Profit: ₹698.89 lakhs ₹243.05 lakhs +187.60%
Earnings Per Share: ₹6.19 ₹2.15 +188.40%
EBITDA: ₹2,604 lakhs ₹1,280 lakhs +103.44%

Business Operations and Client Base

Megastar Foods operates a state-of-the-art processing facility in Rupnagar, Punjab, with an in-house wheat storage capacity of 50,000 MT and processing capability of 710 MT per day. The company maintains long-standing partnerships with leading multinational corporations including Nestle India, Mrs Bector Food, Bimbo Bakeries, and Jubilant Food Works.

Key Operational Metrics: Details
Plant Capacity Utilization (Refined Wheat Flour): 85%
Top Client Revenue Contribution: Nestle India (14%), Mrs Bector Food (12%)
Geographic Reach: Punjab (39%), Haryana (14%), Himachal Pradesh (12%)
Product Portfolio: Maida (70%), Organic Wheat Flour (14%), Atta (6%)

Manufacturing Excellence and Certifications

The company's single-location plant spans over 9 acres and is fully equipped with advanced Buhler machinery. Megastar Foods maintains high standards through Good Manufacturing Practices (GMP) and holds multiple certifications including BRCGS, FSSAI, Halal, and SEDEX (SMETA) audit compliance, ensuring quality standards for international clients.

Regulatory Compliance and Publication

The Board of Directors approved the unaudited financial results at their meeting held on February 5, 2026, with results receiving limited review from statutory auditors Nitin Mahajan & Associates, Chartered Accountants. The company published its results in Financial Express (all editions) and Jansatta newspapers dated February 6, 2026, maintaining full compliance with SEBI Listing Regulations.

Consolidated Results Performance

The consolidated financial results, including subsidiary Megapacific Ventures Private Limited, showed similar positive trends with consolidated net profit of ₹306.25 lakhs in Q3FY26 compared to ₹44.62 lakhs in Q3FY25, representing a growth of 586.50%.

Historical Stock Returns for Megastar Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+2.55%+2.31%+16.85%+17.75%+34.68%+133.48%

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1 Year Returns:+34.68%