Prospect Consumer Products Limited has scheduled a Board of Directors meeting for August 27, 2026, at its registered office in Ahmedabad.

The board will consider and approve the date, time, and venue for the ensuing Annual General Meeting (AGM), along with the associated notice. The agenda also includes approving the Directors' Report with annexures for the financial year ended March 31, 2026.

Meeting Agenda Details

The board is set to transact the following business:

• Approve the date, time, and venue of the upcoming AGM and the Notice thereof.
• Consider and approve the Directors' Report along with annexures for FY26.
• Approve matters relating to e-voting and the appointment of a Scrutinizer for the AGM.
• Address other matters required in connection with the ensuing AGM.

The company, formerly known as Prospect Commodities Limited, is headquartered in Gujarat. The intimation was issued pursuant to Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Prospect Consumer Products reported an exceptional total income of ₹57.62 crore in FY26, representing a year-on-year growth of 85%. The company’s operating profitability improved, with EBITDA rising 48.34% to ₹6.31 crore, while profit after tax grew 14.76% to ₹2.44 crore. Vimal Mishra, Managing Director, attributed the financial scaling to robust operational execution and the modernization of its manufacturing facility in Changodar, Ahmedabad.

The company successfully increased its total installed capacity to 4,800 metric tons per annum and scaled capacity utilization to the 2,500 to 3,000 metric ton range. By integrating advanced automation systems, Prospect Consumer Products achieved approximately 80% automation, reducing manual processing requirements. Management plans to scale capacity utilization to 3,500 to 4,000 metric tons in the current financial year and targets a CAGR of 40 to 45% over the next three years.

Financial Performance

Strategic Expansion

Prospect Consumer Products is aggressively capitalizing on the premium snacking segment through its DriFrutz brand. The company launched new product categories, including dried berries, seeds, and flavoured cashew variants. To deepen market penetration, it listed on digital B2B procurement platforms like Hyperpure and enhanced brand visibility by sponsoring golf tournaments and corporate events. The management aims for the B2C and D2C segment, including gifting, to contribute 10% of total revenue.

Operational Outlook

The company faces margin pressures due to exchange rate fluctuations and increased marketing spend for the D2C segment. However, it targets EBITDA margins between 12% and 15%. Sourcing remains primarily from African countries, with raw cashew prices rising to ₹170-175 per kg. The company maintains a debt-to-equity ratio target not exceeding 0.6 as it funds working capital requirements for expansion.