Krishival Foods Limited , a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has approved a significant fundraising plan to bolster its financial position. The company's Board of Directors has given the green light to a rights issue aimed at raising Rs 1 billion (₹10,000 lakhs) through partly paid-up equity shares.

Key Details of the Rights Issue

Purpose of Fundraising

The fundraising initiative is expected to provide Krishival Foods with additional capital for its business operations and growth plans. This move signals the company's proactive approach to securing resources for potential expansion or strengthening its market position.

Pending Determinations

Several crucial aspects of the rights issue are yet to be determined by the Board of Directors or a designated Rights Issue Committee, including:

• Issue price
• Rights entitlement ratio
• Record date
• Timing of the Rights Issue
• Terms of payment

These details will be finalized subject to regulatory approvals and in compliance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.

Regulatory Compliance

The company has made this disclosure in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval of the fundraising plan through a rights issue demonstrates Krishival Foods Limited's commitment to exploring avenues for capital raising, potentially aimed at fueling growth initiatives or strengthening its balance sheet.

Shareholders and potential investors will be awaiting further details on the rights issue terms and the company's intended use of the proceeds. As the situation develops, more information is expected to be released regarding the specifics of the rights issue and its potential impact on the company's future strategies.

Krishival Foods Limited, a leading player in India's premium FMCG landscape, has reported strong financial results for the second quarter of fiscal year 2026, with significant growth in both its nuts and ice cream segments. The company's strategic focus on quality, expansion, and market penetration has yielded impressive results and set the stage for continued growth.

Financial Highlights

Krishival Foods delivered robust performance in Q2 FY26:

• Revenue rose 50% year-on-year to Rs. 66.67 crore
• EBITDA improved by 26% to Rs. 9.65 crore
• PAT increased by 17% to Rs. 5.80 crore
• EPS grew to Rs. 2.60 from Rs. 2.20 in Q2 FY25

The company's nuts segment, operating under the Krishival Nuts brand, contributed Rs. 53.00 crore to the revenue, marking a 20% year-on-year increase. The Melt N Mellow ice cream division added Rs. 13.62 crore to the quarter's revenue.

Expansion Plans

Krishival Foods is actively expanding its production capacity to meet growing demand:

• Nuts Processing: The company plans to increase its nuts processing capacity from the current 10 metric tons per day to 40 metric tons per day over the next two years.
• Ice Cream Production: Krishival aims to achieve 100% utilization of its ice cream plant capacity, which stands at one lakh liters per day, by FY27-28.

Market Reach and Distribution

The company is focusing on deepening its market penetration:

• Nuts segment products are available in over 10,000 retail outlets across 100+ Tier-2, Tier-3, and Tier-4 towns.
• Melt N Mellow ice cream is distributed through 25,000 retail touch points, supported by 200+ distributors and 25+ super stockists across Maharashtra, Karnataka, Goa, and Telangana.
• Krishival is expanding its presence in modern trade chains and e-commerce platforms.

Export Initiatives

Krishival Foods is making strides in international markets:

• The company's products are now available in over 300 retail outlets in Singapore.
• Plans are underway to expand into Japan and potentially the United States, pending tariff clarity.

Future Outlook

Chairman Sujit Bangar expressed confidence in the company's growth trajectory:

"We envision a strong growth runway ahead with a clear roadmap to achieve triple-digit revenue growth by FY'27-'28. Achieving this milestone would make Krishival one of the few homegrown FMCG companies to reach these levels just over a period of decade from inception."

The company expects to maintain a balanced revenue contribution from both its nuts and ice cream segments by FY27-28, with each segment potentially contributing around 50% to the total revenue.

Krishival Foods' focus on quality, strategic expansion, and market penetration positions it well to capitalize on the growing demand for premium food products in India's evolving consumer landscape. As the company continues to innovate and expand its reach, it aims to strengthen its position as a leading player in the premium FMCG sector.