NHC Foods FY26 PAT Rises 73.9% to Rs 12.32 Cr

2 min read     Updated on 23 May 2026, 08:30 PM
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NHC Foods Limited announced its audited financial results for FY26, reporting a 72.8% increase in consolidated revenue to Rs 601.30 crore and a 73.9% rise in net profit to Rs 12.32 crore. Q4 revenue surged 92% to Rs 258.4 crore with a net profit of Rs 6.65 crore. The board approved a fund-raising plan of up to USD 27 million for expansion and announced the acquisition of a Hong Kong-based trading company by its Dubai subsidiary.

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NHC Foods Limited has announced its audited financial results for the year ended March 31, 2026. The company reported a 72.8% rise in Revenue from Operations to Rs 601.30 crore for FY26, compared to Rs 347.88 crore in the previous year. Consolidated Net Profit for the year stood at Rs 12.32 crore, a growth of 73.9% from Rs 7.08 crore in FY25.

Financial Performance

For the quarter ended March 31, 2026, Revenue from Operations rose 92% year-on-year to Rs 258.4 crore, up from Rs 134.53 crore in Q4 FY25. Net Profit for the quarter was reported at Rs 6.65 crore, a significant increase from Rs 89.68 lakh in the corresponding period of the previous year.

On a standalone basis, the company reported a net profit of Rs 609.74 lakh for the year ended March 31, 2026, a decrease from Rs 669.42 lakh in the previous year. Revenue from operations for the year stood at Rs 44,262.34 lakh, compared to Rs 34,141.34 lakh in the prior year.

The table below summarises the key financial metrics for the standalone entity:

Parameter Year Ended Mar 31, 2026 Year Ended Mar 31, 2025
Revenue from Operations Rs 44,262.34 lakh Rs 34,141.34 lakh
Total Income Rs 44,428.05 lakh Rs 34,275.50 lakh
Total Expenses Rs 43,547.01 lakh Rs 33,416.90 lakh
Net Profit Rs 609.74 lakh Rs 669.42 lakh
Basic EPS Rs 0.10 Rs 0.31

Strategic Developments

The Board of Directors has approved a fund-raising plan of up to USD 27 million, approximately Rs 225 crore, through equity or equity-linked instruments. The funds, to be raised in one or more tranches, will support expansion plans, capacity enhancement, and global distribution initiatives. The company may utilize instruments such as equity shares, convertible bonds, FCCBs, or warrants via routes including preferential allotment, QIP, or private placement.

Additionally, NHC International L.L.C-FZ, a Dubai-based subsidiary, acquired 100% of the paid-up share capital of Conquer Enterprises Limited, a Hong Kong-based trading company, on March 11, 2026.

Board Decisions

The Board of Directors approved the 'Policy on Material Subsidiary' and re-appointed M/s. DMS & Company, Chartered Accountants, as internal auditors for FY 2026-27. The statutory auditors, M/s. JMMK & Co., issued an audit report with an unmodified opinion on both the standalone and consolidated financial results.

Historical Stock Returns for NHC Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-1.52%+11.11%+32.65%+47.73%+35.42%+306.25%

How will NHC Foods deploy the USD 27 million fundraise across expansion, capacity enhancement, and global distribution, and what revenue targets does management expect to achieve within the next 2-3 years?

What synergies does NHC Foods anticipate from the acquisition of Conquer Enterprises Limited in Hong Kong, and which new markets or product categories could this unlock for the consolidated entity?

Given the divergence between strong consolidated profit growth (73.9%) and declining standalone net profit, what structural changes or subsidiary contributions are driving this gap and is it sustainable?

NHC Foods Limited Awaits Regulatory Approvals for Foreign Currency Convertible Bonds Issuance

1 min read     Updated on 19 May 2026, 12:42 AM
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NHC Foods Limited has intimated BSE Limited on May 18, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015, that it is yet to receive necessary regulatory and statutory approvals, including the ISIN number, for its planned FCCB issuance. This follows an earlier intimation dated May 13, 2026. The Board will deliberate on and notify the terms and conditions of the FCCBs, including issue dates and maturity, only after the required approvals are obtained. The Board Meeting was held on May 18, 2026, between 5:30 pm and 6:30 pm.

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NHC Foods Limited has filed an intimation with BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, disclosing that the company is yet to receive the necessary regulatory and statutory approvals for the issuance of Foreign Currency Convertible Bonds (FCCBs). The communication, dated May 18, 2026, follows an earlier intimation made by the company on May 13, 2026.

Pending Approvals for FCCB Issuance

As per the regulatory filing, NHC Foods Limited has not yet received the required approvals, including the ISIN number from the concerned authority, which are necessary to proceed with the FCCB issuance. The company has indicated that the Board will consider, approve, and notify the terms and conditions of the FCCBs only after the aforementioned approvals are in place.

The key details and pending items related to the FCCB issuance are outlined below:

Parameter: Details
Instrument Type: Foreign Currency Convertible Bonds (FCCBs)
Regulatory Framework: Regulation 30, SEBI (LODR) Regulations, 2015
Previous Intimation Date: May 13, 2026
Current Intimation Date: May 18, 2026
Approvals Pending: Regulatory, statutory approvals and ISIN number
Board Decision: To be taken post receipt of necessary approvals
Items to be Notified Post-Approval: Issue opening and closing dates, maturity of FCCBs, and other terms and conditions

Board Meeting Details

The Board Meeting in connection with this matter commenced at 5:30 pm and concluded at 6:30 pm on May 18, 2026. The intimation was signed by Mr. Satyam Joshi, Managing Director (DIN: 03638066), on behalf of NHC Foods Limited.

NHC Foods Limited, a Government Recognised Three Star Export House and an ISO 22000:2005 Certified Company, is incorporated under CIN L15122GJ1992PLC076277. The company's corporate office is located in Mumbai, while its factory and registered office are situated in Valsad, Gujarat.

Historical Stock Returns for NHC Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-1.52%+11.11%+32.65%+47.73%+35.42%+306.25%

How might prolonged delays in receiving regulatory approvals for the FCCB issuance impact NHC Foods' planned capital deployment and business expansion timeline?

What are the potential conversion terms and pricing mechanisms NHC Foods could offer on the FCCBs to attract foreign investors given current market conditions?

How could the FCCB issuance, once approved, affect NHC Foods' debt-to-equity ratio and overall financial leverage in the near term?

More News on NHC Foods

1 Year Returns:+35.42%