Apex Frozen Foods Ltd , a leading aquaculture company, has reported robust financial results for the second quarter of fiscal year 2026, demonstrating significant growth and improved profitability.

Key Financial Highlights

• Revenue Growth: The company achieved a 19% year-on-year increase in revenue, reaching Rs 2,383.00 million in Q2 FY26.
• Improved Profitability: Gross margin expanded to 39.20% from 27.20% in the previous year's quarter, while EBITDA margin rose to 7.20% from 2.30%.
• Higher Realization: The average realization for shrimp sales increased to Rs 870.00 per kg.

Detailed Financial Performance

The company's performance shows a remarkable turnaround, with profit after tax increasing from a loss of Rs 17.00 million in Q2 FY25 to a profit of Rs 119.00 million in Q2 FY26.

Operational Insights

Apex Frozen Foods' strong performance can be attributed to several factors:

1. Higher Realization: The increase in average realization to Rs 870.00 per kg for shrimp sales has significantly contributed to the revenue growth.
2. Improved Efficiency: The substantial expansion in gross and EBITDA margins indicates enhanced operational efficiency and cost management.
3. Product Mix: The company's focus on value-added products, including Ready-to-Eat (RTE) offerings, may have contributed to the improved margins.

Strategic Positioning

Apex Frozen Foods is well-positioned in the aquaculture industry with its integrated operations:

• Processing Capacity: The company has a total processing capacity of 34,240 MTPA, along with cold storage capacity of 3,500 MT.
• Hatchery Operations: Three hatcheries with a total capacity of 1.2-1.4 billion Specific Pathogen Free (SPF) seed.
• Strategic Location: Facilities are located approximately 20 km from Kakinada port and 150 km from Vizag port, providing logistical advantages for exports.

Industry Outlook

While the company has shown strong performance, it's important to note some key considerations for the sector:

• Demand Sensitivity: As an export-oriented sector, any slowdown in consumption in key markets like the USA, EU, and South-East Asia could impact India's shrimp exports.
• Disease Risk: The industry is susceptible to disease outbreaks, which can affect raw material availability.
• Price Volatility: Global demand-supply imbalances and exchange rate fluctuations can impact pricing and profitability.

Conclusion

Apex Frozen Foods' Q2 FY26 results demonstrate the company's ability to navigate industry challenges and capitalize on market opportunities. The significant improvements in revenue and profitability metrics reflect the company's strategic initiatives and operational efficiency. However, investors should remain mindful of the sector-specific risks and global market dynamics that can influence the company's future performance.

As the company continues to focus on value-added products and maintains its integrated operations, it appears well-positioned to capitalize on the growing demand for seafood exports from India. The management's ability to sustain this growth trajectory and manage potential industry headwinds will be crucial for long-term success.

Apex Frozen Foods Limited , a prominent player in the frozen food industry, has announced its upcoming earnings call to discuss the company's financial performance for the second quarter and half year ended September 30, 2025. The call is scheduled for Monday, November 17, 2025, at 11:00 AM IST.

Key Details of the Earnings Call

The earnings call will be led by key company executives:

• Mr. Choudary Karuturi, Managing Director
• Mr. P. Durga Prasad, CFO
• Senior Manager, Accounts

Dial-In Information

For those interested in participating, Apex Frozen Foods has provided the following dial-in details:

Express Join Option

For convenience, participants can also use the Express Join with Diamond Pass option, available through a provided link.

Significance of the Earnings Call

This earnings call presents an opportunity for investors, analysts, and stakeholders to gain insights into Apex Frozen Foods' financial performance and operational highlights for Q2 and H1 of FY26. The presence of the Managing Director and CFO suggests that the call may cover strategic aspects and future outlook in addition to financial results.

Coordination

The call arrangements are being coordinated by Stellar IR Advisors Pvt Ltd, indicating a structured approach to investor relations and communication.

Investors and interested parties are encouraged to participate in the call to stay informed about the company's recent performance and potential future directions in the frozen food sector.