Sundrop Brands Limited, formerly known as Agro Tech Foods Limited, has notified the stock exchanges of a newspaper advertisement disclosing its Audited Financial Results — both Standalone and Consolidated — for the fourth quarter and financial year ended 31 March 2026. The disclosure was made pursuant to Regulations 30, 33, and 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisement was published on 09 May 2026 in Business Standard (English) and Telugu Prabha (Telugu). The results were recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 07 May 2026.

Newspaper Advertisement Disclosure

The company submitted the disclosure to both BSE Limited and the National Stock Exchange of India Limited in compliance with applicable listing regulations. The communication was signed by Kavita, Company Secretary & Compliance Officer (Membership No.: A-27174), on behalf of Sundrop Brands Limited. Key details of the disclosure are summarised below:

Standalone Financial Performance

On a standalone basis, Sundrop Brands reported a significant improvement in financial performance for the quarter and full year ended 31 March 2026. Total income for the full year stood at ₹885.43 crores, compared to ₹794.79 crores in the previous year. The company returned to profitability, with net profit after tax and exceptional items for the full year at ₹20.88 crores, against a net loss of ₹110.72 crores in the prior year. The standalone financial highlights are presented below (₹ in crores):

Consolidated Financial Performance

On a consolidated basis, Sundrop Brands recorded a sharp increase in total income, rising to ₹1,552.25 crores for the full year ended 31 March 2026, compared to ₹901.19 crores in the prior year. Net profit after tax and exceptional items for the full year stood at ₹20.13 crores, against a net loss of ₹109.90 crores in the previous year. The consolidated financial highlights are presented below (₹ in crores):

The figures for the current quarter and the quarter ended 31 March 2025 are balancing figures between the audited figures of the full financial year ended 31 March 2026 and 31 March 2025 respectively, and the published year-to-date figures up to the third quarter. The full format of the financial results is available on the stock exchange websites ( www.nseindia.com , www.bseindia.com ) and the company's website ( www.sundropbrands.com ). The results were signed off by Group Managing Director Nitish Bajaj (DIN: 10835891) from Gurugram.

Conference Call Recording

Separately, Sundrop Brands also notified the stock exchanges of the availability of the audio recording of its Investors/Analysts Conference Call held on 08 May 2026 at 12:00 Noon (IST), pursuant to Regulation 30 read with Schedule III of the SEBI LODR Regulations, 2015. The conference call was convened to discuss the same Audited Financial Results for Q4 and the financial year ended 31 March 2026. The recording is accessible at https://www.sundropbrands.com/analyst-calls.aspx .

Company Information

Sundrop Brands Limited operates with its registered office at 31, Sarojini Devi Road, Secunderabad-500003, Telangana, India, and its corporate office at Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurgaon-122002, Haryana. The company's CIN is L15142TG1986PLC006957, and its official website is www.sundropbrands.com .

Sundrop Brands Limited (formerly known as Agro Tech Foods Limited) has reported a strong turnaround in its financial performance, posting a standalone net profit of ₹20.88 crores for the financial year ended March 31, 2026, compared to a net loss of ₹110.72 crores in the previous financial year. The Board of Directors approved the audited standalone and consolidated financial results at their meeting held on May 7, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s BSR and Co., Chartered Accountants (Firm Registration No. 128510W), issued an unmodified audit opinion on both the standalone and consolidated financial results. The financial results were reviewed and recommended by the Audit Committee, and the Board meeting commenced at 5:10 pm and concluded at 5:26 pm.

Financial Performance Overview

The company's standalone total revenue from operations grew to ₹882.17 crores in FY26 from ₹792.95 crores in FY25, driven by higher product sales. On a consolidated basis, total revenue from operations rose significantly to ₹1,549.44 crores from ₹898.87 crores in the prior year, reflecting the full-year contribution of Del Monte Foods Private Limited (DMFPL), which was acquired on February 6, 2025. DMFPL contributed ₹667.14 crores to consolidated revenue for the year ended March 31, 2026, compared to ₹104.44 crores (for two months) in FY25, making year-on-year consolidated comparisons not directly comparable. DMFPL contributed ₹166.32 crores to consolidated revenue for the quarter ended March 31, 2026.

The following table presents the key standalone financial highlights for the quarter and year ended March 31, 2026:

On a consolidated basis, Q4 net profit came in at ₹9.85 crores versus a loss of ₹114.05 crores in the same quarter of the prior year, while Q4 EBITDA turned positive at ₹208M versus a loss of ₹4M, reflecting a significant improvement in operating profitability. The table below presents the consolidated financial highlights:

The prior year's results included exceptional items of ₹146.75 crores, comprising impairment provisions of ₹70.57 crores related to three cash-generating units, impairment of ₹65.47 crores related to specified property, plant and equipment, business acquisition-related costs of ₹5.16 crores, and a provision for custom duty litigation of ₹5.55 crores. No exceptional items were recorded in FY26.

Balance Sheet Highlights

The company's standalone total assets stood at ₹1,598.23 crores as at March 31, 2026, compared to ₹1,553.90 crores as at March 31, 2025. On a consolidated basis, total assets were ₹1,831.49 crores versus ₹1,787.20 crores in the prior year. Standalone equity attributable to owners increased to ₹1,477.65 crores from ₹1,437.42 crores, while consolidated equity attributable to owners rose to ₹1,478.48 crores from ₹1,438.38 crores. Other equity on a standalone basis stood at ₹1,439.95 crores and on a consolidated basis at ₹1,440.78 crores as at March 31, 2026.

Cash Flow Summary

On a standalone basis, net cash generated from operating activities was ₹11.66 crores for FY26, compared to ₹77.86 crores in FY25. Net cash used in investing activities was ₹5.72 crores, while net cash used in financing activities was ₹3.36 crores. Standalone cash and cash equivalents at the end of the year stood at ₹24.59 crores, up from ₹22.01 crores at the beginning of the year. On a consolidated basis, net cash generated from operating activities was ₹30.75 crores, with consolidated cash and cash equivalents closing at ₹31.36 crores.

ESOP Grant and Forfeiture

The Nomination and Remuneration Committee (NRC) of the Board approved the grant of 1,54,367 employee stock options under the "Agro Tech Foods Limited Employees Stock Option Plan, 2024" (ESOP Scheme 2024) to eligible employees of the company and its material subsidiary, Del Monte Foods Private Limited. The NRC also approved the forfeiture of 32,000 options granted earlier on June 7, 2025 under the same scheme; these options will be available for re-grant under the ESOP Scheme 2024.

The Group recognized share-based payment expenses of ₹19.25 crores for FY26, including ₹4.88 crores for Q4 FY26, included under Employee Benefits Expense. The company has cumulatively granted 14,80,411 employee stock options to eligible employees of the company and its subsidiaries, with exercise prices of ₹809 and ₹515 per option depending on the type and level of grant. The ESOP Scheme 2024 is in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Regulatory and Audit Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013, and comply with Regulation 33 of the SEBI Listing Regulations. KPN Srinivas, Chief Financial Officer, issued a declaration confirming the unmodified audit opinion in compliance with Regulation 33(3)(d) of the Listing Regulations. The consolidated financial results encompass the company and its wholly-owned subsidiaries: Sundrop Foods India Private Limited, Agro Tech Foods (Bangladesh) Pvt. Ltd., Sundrop Foods Lanka (Private) Limited, Del Monte Foods Private Limited, and Del Monte Foods India (North) Private Limited. The notification was signed by Kavita, Company Secretary and Compliance Officer (Membership No. A-27174), on May 7, 2026. The results are available on the stock exchanges' websites and the company's website at www.sundropbrands.com .