Wardwizard Foods & Beverages reported a net profit of ₹1.31 crore for the first quarter ended June 30, 2026, reversing a net loss of ₹1.70 crore in the corresponding period of FY25.

Revenue from operations grew 29% year-on-year to ₹17.03 crore, supported by improved operating performance across its retail and HORECA channels.

Financial Performance

The company’s EBITDA for Q1FY27 stood at ₹2.24 crore, compared to an operating loss of ₹0.52 crore in Q1FY26. This improvement contributed to a net profit margin of 7.69%, up from -12.84% in the prior year quarter.

For the full fiscal year FY26, Wardwizard logged revenue of ₹239.98 crore, a 156% increase over FY25’s ₹93.9 crore. The full-year EBITDA was ₹10.02 crore against a loss of ₹4.54 crore in FY25.

What the Numbers Show

The shift from loss to profit in Q1FY27 was driven by significant operating leverage rather than just top-line growth. While revenue increased by 29%, the EBITDA margin expanded sharply to 19.90% from 2.78% in Q1FY26. This divergence indicates that cost structures are scaling efficiently relative to sales volume, validating the company’s strategy of absorbing fixed costs across a larger revenue base.

Strategic Outlook

Chairperson Sheetal Bhalerao highlighted the company’s focus on expanding its global footprint, particularly in Europe, the CIS region, and Africa. The firm plans to scale production capacity at its Por, Vadodara facility from 5 tonnes per day to 15 tonnes per day in the coming quarter.

Wardwizard targets an EBITDA margin of 12–15% by FY29. The company already achieved a consolidated EBITDA margin of 12.91% in Q4FY26, placing it within the target band ahead of schedule.

Wardwizard Foods & Beverages Limited wardwizard foods & beverages returned to profitability in the first quarter of FY27, reporting a standalone net profit of ₹1.31 crore compared to a loss of ₹1.70 crore in the same period last year (Q1FY26). The company’s revenue from operations rose 29% year-on-year to ₹17.03 crore, reflecting improved operational efficiency across key business segments. The board of directors approved the unaudited financial results on August 14, 2026.

Financial Performance

The company’s total income stood at ₹17.65 crore, comprising ₹17.03 crore from operations and ₹0.62 crore from other income. Total expenses were contained at ₹16.52 crore. This cost discipline contributed to a profit before tax of ₹1.14 crore, compared to a loss before tax of ₹1.70 crore in the prior year. Deferred tax benefits of ₹0.17 crore further supported the bottom line. Earnings per share (basic) were recorded at ₹0.05, a significant improvement from the loss of ₹0.07 per share in Q1FY26.

A key highlight of the quarter was the sharp expansion in operating margins. EBITDA increased to ₹3.39 crore, with the EBITDA margin expanding to 19.90% from 2.78% in Q1FY26. The Profit After Tax (PAT) margin stood at 7.69%.

Segment Analysis

The turnaround was primarily driven by the Food Commodities and Services segments, which offset losses in the RTE, Frozen, Sauces & Mayo segment.

• Food Commodities: Revenue surged to ₹13.90 crore from ₹9.44 crore in Q1FY26. The segment posted a profit before tax of ₹0.29 crore, up from ₹0.13 crore previously.
• Services: Revenue remained stable at ₹2.99 crore, but profitability saw a change with a profit before tax of ₹0.52 crore, compared to ₹1.71 crore in the prior year.
• RTE/Frozen/Sauces: This segment reported a loss of ₹1.94 crore, compared to a loss of ₹1.85 crore in Q1FY26.

A critical factor in the overall turnaround was the elimination of unallocated losses. In Q1FY26, unallocated items resulted in a loss of ₹1.69 crore. In Q1FY27, this figure is zero, suggesting better allocation or reduction in corporate overheads.

Management Commentary

Commenting on the performance, Sheetal Bhalerao, Chairperson and Managing Director, stated that the growth was broad-based, supported by sustained traction across retail and HORECA channels. She highlighted the benefits of an improving product mix and better operating leverage. The company’s Food Commodities segment scaled up on the back of steady demand and improved realizations, alongside continued momentum in the branded QuikShef and WOL product lines. These brands strengthened their presence across domestic retail and HORECA channels as well as export markets including the USA, Canada, UAE, Bahrain and Australia.

What the Numbers Show

The most significant operational improvement is the expansion of the EBITDA margin from 2.78% to 19.90%. This nearly seven-fold increase in margin efficiency, combined with the elimination of ₹1.69 crore in unallocated losses, drove the return to profitability despite a slight decline in the Services segment's profit before tax. The strong performance in the Food Commodities segment, which contributed ₹13.90 crore to revenue, underscores the company's shifting focus towards high-margin commodity trading alongside its branded portfolio.

Balance Sheet and Other Matters

The company disclosed an advance of ₹7.60 crore given by the company, stating that no provision for expected credit loss was required based on its evaluation of recoverability. There were no pending investor complaints as of June 30, 2026.

Capital employed (segment assets) increased to ₹215.22 crore from ₹119.66 crore in the previous year, indicating potential expansion or asset acquisition during the period. Segment liabilities also rose to ₹132.29 crore from ₹41.08 crore.

Industry Context

The results come against a backdrop of structural growth in the Indian packaged and convenience food sector. Rising urbanisation and evolving consumer lifestyles are driving demand for authentic Indian convenience products. Wardwizard holds certifications including FSSAI, BRCGS, HALAL, USFDA and FSSC 22000, positioning it to participate in both premium domestic and international markets.