Prime Fresh PAT Rises 66% in Q4FY26

1 min read     Updated on 23 May 2026, 10:43 AM
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Shriram SScanX News Team
AI Summary

Prime Fresh Limited announced its audited financial results for Q4 and FY26, reporting a 66% YoY increase in Q4 PAT to ₹32.4 Mn and a 52% rise in annual PAT to ₹139.7 Mn. Consolidated revenue for the year grew 32% to ₹2,740 Mn, driven by a 97% surge in outward volumes to 65,132 MT. The company also secured a BBB/Stable rating from CRISIL for ₹100 crore debt facilities and ranked first in three EOI applications for the Cluster Development Programme.

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Prime Fresh Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a resilient performance for the year, with consolidated revenue from operations growing 32.5% year-on-year (YoY) to ₹2,739.8 Mn. Profit After Tax (PAT) for the full year increased 51.6% YoY to ₹139.7 Mn.

Q4 FY26 Financial Performance

For the quarter ended March 31, 2026, the company posted a revenue from operations of ₹799.1 Mn, a 50.0% increase from the same period last year. PAT for Q4FY26 stood at ₹32.4 Mn, reflecting a 65.8% YoY growth. EBITDA for the quarter was recorded at ₹53.9 Mn. The company's outward volumes nearly doubled in FY26, reaching 65,132 MT, up 97.1% YoY.

Particulars (Rs in Mn) Q4FY26 Q3FY26 QoQ Q4FY25 YoY FY26 FY25 YoY
Total Revenue 800.5 743.9 8% 534.6 50% 2,744.3 2,077.0 32%
EBITDA 53.9 63.0 -14% 32.9 64% 200.2 133.2 50%
PBT 50.2 61.4 30.9 189.7 128.1
PAT 32.4 47.2 -31% 19.5 66% 139.7 92.1 52%

Operational Highlights

The company achieved significant volume expansion during the year, with Onion, Potato, Tomato (OPT) standalone volumes growing 118.0% YoY in FY26. Management noted that the onion supply-chain business continued strong tonnage growth, with FY26 outward volume increasing 147.9% YoY on a standalone basis. The Service, 3PL, and other non-F&V value businesses grew at over 32% during FY26.

Strategic Developments

Prime Fresh Limited strengthened its credit profile, with CRISIL assigning a BBB/Stable rating for ₹100 crore debt facilities, an increase from the earlier rated base of ₹10 crore. The company also ranked No. 1 across all three Expression of Interest (EOI) applications for setting up clusters under the Cluster Development Programme (CDP) by the National Horticulture Board. Looking ahead to FY27, the company aims to grow value sales by around 25–30% and tonnage volumes by 20-25%.

Historical Stock Returns for Prime Fresh

1 Day5 Days1 Month6 Months1 Year5 Years
-2.52%+0.68%+1.55%-6.80%+17.87%+289.25%

How will Prime Fresh Limited's No. 1 ranking in the National Horticulture Board's Cluster Development Programme translate into tangible revenue streams, and what is the expected timeline for these clusters to become operational?

With CRISIL upgrading the rated debt facility from ₹10 crore to ₹100 crore, how does Prime Fresh plan to deploy this expanded credit capacity to fund its FY27 growth targets?

Given the near-doubling of outward volumes in FY26, what infrastructure investments or cold-chain capacity expansions are planned to sustain the targeted 20-25% tonnage growth in FY27 without margin compression?

Prime Fresh Independent Director Ravi Menon Ends Tenure

1 min read     Updated on 20 May 2026, 11:10 PM
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AI Summary

Prime Fresh Limited announced that Mr. Ravi Menon ceased to be its Non-Executive Independent Director effective May 20, 2026, upon completing his second consecutive term. The Board acknowledged his contributions. The disclosure was made in compliance with SEBI regulations.

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Prime Fresh Limited has informed the stock exchanges regarding the completion of the tenure of its Non-Executive Independent Director, Mr. Ravi Menon. The company disclosed that Mr. Menon ceased to hold the position with effect from the close of business hours on May 20, 2026. This development follows the completion of his second consecutive term as an Independent Director on the board.

The Board of Directors and the management of the company expressed their appreciation for the guidance and services rendered by Mr. Ravi Menon during his association with the firm. The intimation was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Change

The company provided specific details regarding the change in directorship as required under the relevant SEBI regulations. The cessation was attributed solely to the completion of the director's second term.

Particulars Details
Name Mr. Ravi Menon (DIN: 05254365)
Reason for change Due to the completion of the Second Consecutive term as an Independent Director of the Company.
Date of cessation From the Closure of the business hours on May 20, 2026.

The disclosure was made by Jasmin Jaykumar Doshi, Company Secretary of Prime Fresh Limited.

Historical Stock Returns for Prime Fresh

1 Day5 Days1 Month6 Months1 Year5 Years
-2.52%+0.68%+1.55%-6.80%+17.87%+289.25%

Who will Prime Fresh Limited appoint as the replacement Independent Director, and what expertise profile is the board likely to prioritize given the company's current strategic direction?

How might the vacancy in the Independent Director position affect Prime Fresh Limited's board composition compliance requirements under SEBI regulations, and what is the timeline for filling the role?

Could the departure of Mr. Ravi Menon impact any ongoing board committee responsibilities, such as audit or remuneration committees, and how will Prime Fresh Limited manage these transitions?

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1 Year Returns:+17.87%