Tanvi Foods (India) Limited filed its annual report for FY26 with BSE on September 12, 2026. The filing confirms the company’s financial performance and outlines key strategic developments, including international expansion and related party transaction approvals.

The Board of Directors had previously approved the report in a meeting held on September 5, 2026. The company has scheduled its 19th Annual General Meeting (AGM) for September 30, 2026, at the Sanath Nagar Industrial Estate in Hyderabad.

Financial Performance

Tanvi Foods reported a consolidated revenue from operations of ₹10,256.19 lakh for FY26, an increase of 20.1% from ₹8,536.09 lakh in FY25. Consolidated profit after tax (PAT) rose sharply to ₹215.44 lakh from ₹36.12 lakh in the previous year, marking a 496.4% year-on-year growth.

On a standalone basis, revenue from operations grew by 25.6% to ₹10,639.34 lakh. Standalone PAT increased to ₹90.98 lakh from ₹36.55 lakh. The significant rise in consolidated profits was aided by the contribution from its US subsidiary, Tanvi Foods USA Inc., which recorded revenue of ₹932.59 lakh and a profit after tax of ₹122.50 lakh during its first full operational year.

International Expansion

The company strengthened its global footprint through its subsidiaries. Tanvi Foods USA Inc., a 55% subsidiary, established five warehouses across key US markets, expanding its distribution network to approximately 400 restaurants and 40 retail chains.

Additionally, Tanvi Foods incorporated Tanvi Foods UK Limited as a 51% subsidiary in January 2026 to facilitate entry into the United Kingdom market. The company is also exploring opportunities in Singapore, Australia, Canada, and the Middle East.

Related Party Transactions

Shareholders will vote on approvals for material related party transactions with its US and UK subsidiaries at the upcoming AGM. The proposed resolutions seek approval for transactions up to ₹100 crore per year until FY2029-30. These transactions involve the sale of frozen food products and other goods to the subsidiaries on an arm's length basis.

During FY26, transactions with Tanvi Foods USA Inc. totaled ₹1,356.68 lakh, including sale of goods and equity contribution. No sales transactions were undertaken with Tanvi Foods UK Limited during the period ended March 31, 2026, though an equity contribution of GBP 510 (equivalent to ₹0.64 lakh) was made.

AGM Details

The 19th AGM will be held on September 30, 2026, at 9:30 am. Shareholders holding shares on the record date of September 23, 2026, are eligible to vote. E-voting will be available from September 27 to September 29, 2026, through Central Depository Services (India) Limited (CDSL).

Mr. Zoheb S Sayani of Sayani & Associates has been appointed as the scrutinizer for the meeting.

What the Numbers Show

The disproportionate growth in consolidated PAT (496%) compared to standalone PAT (149%) highlights the significant profitability contribution from the US subsidiary. Tanvi Foods USA Inc. generated ₹122.50 lakh in PAT against a revenue of ₹932.59 lakh, indicating strong margins in the overseas market compared to the domestic operations.

Tanvi Foods (India) Limited held its Board of Directors meeting on May 30, 2026, at 6:00 PM at its registered office in Hyderabad, where the board considered and approved the standalone and consolidated audited financial results for the half year and year ended March 31, 2026. The statutory auditors, Sagar and Associates (Chartered Accountants, FRN: 003510S), issued unmodified and unqualified audit reports on both the standalone and consolidated financial results, as declared by Managing Director Sri Nagaveer Adusumilli pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 6:00 PM and concluded at 11:30 PM.

Standalone Financial Performance

On a standalone basis, the company reported significant improvement across key financial metrics for FY26. Total income from operations rose to ₹10,992.69 lakhs from ₹8,482.12 lakhs in the previous year. Profit before tax improved to ₹90.55 lakhs from ₹30.68 lakhs, while net profit after tax grew to ₹90.98 lakhs from ₹36.55 lakhs in the prior year. The following table summarises the standalone performance:

Consolidated Financial Performance

On a consolidated basis, which includes subsidiaries Polar Cube Cold Storage Solutions Private Limited and Tanvi Foods USA Inc, the group reported a sharper improvement in profitability. Consolidated total income from operations stood at ₹10,609.54 lakhs for FY26 compared to ₹8,549.54 lakhs in the previous year. Consolidated profit before tax surged to ₹215.69 lakhs from ₹30.25 lakhs, and consolidated net profit after tax rose to ₹215.44 lakhs from ₹36.12 lakhs. The consolidated results are summarised below:

Balance Sheet Highlights

The standalone total assets stood at ₹11,509.06 lakhs as at March 31, 2026, compared to ₹10,534.47 lakhs as at March 31, 2025. On a consolidated basis, total assets grew to ₹12,852.75 lakhs from ₹10,702.46 lakhs. Key balance sheet items are presented below:

Cash Flow Summary

On a standalone basis, net cash from operating activities was ₹447.82 lakhs for FY26, compared to ₹466.04 lakhs in the previous year. Net cash used in investing activities stood at ₹(341.21) lakhs, while net cash used in financing activities was ₹(132.94) lakhs, resulting in a net decrease in cash and cash equivalents of ₹(26.33) lakhs. Standalone cash and cash equivalents at the end of the year stood at ₹16.28 lakhs. On a consolidated basis, net cash from operating activities was ₹(213.86) lakhs, with net cash used in investing activities at ₹(485.41) lakhs and net cash from financing activities at ₹658.51 lakhs, resulting in a net decrease of ₹(40.76) lakhs, with closing cash and cash equivalents at ₹27.16 lakhs.

Compliance and Auditor Declaration

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 30, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular CIR/CFD/CMD/56/2016 dated May 27, 2016. The statutory auditors confirmed that no unutilized funds were raised during the period, making the disclosure relating to statement of deviation/variation in utilization of funds not applicable for the half year ended March 31, 2026. The entire operations of the company relate to a single segment; hence, segmental reporting as per AS 17 has not been made. The paid-up equity share capital remained unchanged at ₹1,282.88 lakhs (face value ₹10/- per share) across all reported periods.