Apex Frozen Foods Limited , a leading player in the shrimp processing industry, has reported a robust financial performance for the second quarter of the fiscal year 2025-26. The company's results showcase significant growth in revenue and a turnaround in profitability.

Financial Highlights

Apex Frozen Foods has demonstrated strong growth in its top line, with revenue from operations increasing by 19.46% year-over-year to ₹238.34 crore in Q2 FY2025-26, compared to ₹199.52 crore in the same quarter of the previous year.

The company's bottom line has shown a remarkable turnaround, posting a net profit of ₹11.87 crore in Q2 FY2025-26, against a loss of ₹1.67 crore in the corresponding quarter last year. This significant improvement in profitability reflects the company's operational efficiency and market positioning.

Half-Year Performance

For the half-year period ended September 30, 2025, Apex Frozen Foods reported:

• Revenue increase to ₹496.50 crore from ₹385.51 crore in the previous year
• Net profit rise to ₹20.97 crore from ₹2.13 crore

Key Financial Metrics

• Earnings per share (EPS) improved to ₹3.80 for the quarter, up from a loss of ₹0.53 per share in Q2 FY2024-25
• Export benefits included in revenue were ₹11.58 crore for the quarter

Exceptional Items and Dividend

The company recorded exceptional items of ₹2.53 crore related to IEIS License granted for earlier years. Additionally, Apex Frozen Foods has declared a final dividend of ₹2 per equity share for the financial year 2024-25.

Conclusion

Apex Frozen Foods Limited's Q2 FY2025-26 results demonstrate a significant improvement in both revenue and profitability. The company's ability to turn around its bottom line and deliver strong top-line growth indicates resilience in its business model and potentially favorable market conditions for the shrimp processing industry.

Apex Frozen Foods experienced a remarkable 20% jump in its share price, hitting the upper circuit limits following a significant development in the Indian fishery export sector. The European Union has granted approval to 102 new Indian fishery establishments for exports, a move that has sent ripples through the market.

Market Performance

The stock's performance marked its most substantial single-day gain since July 2021, reflecting investor optimism about the company's growth prospects. Trading at ₹261.45, Apex Frozen Foods' shares approached their 52-week high of ₹281.70. The market's enthusiasm was evident in the exceptional trading volume, with 62 lakh shares changing hands within two hours—a stark contrast to the 50-day average of just over 50,000 shares.

EU Approval Impact

The EU's decision is expected to have far-reaching implications for the Indian fishery export industry:

• Potential 16% increase in Indian export establishments' volume
• Addresses a long-standing demand from India's seafood sector
• Likely to benefit shrimp processing companies, including Apex Frozen Foods, Avanti Feeds, and Coastal Corporation

Apex Frozen Foods' EU Market Presence

Apex Frozen Foods has been steadily increasing its footprint in the European market:

• EU contribution to revenue grew from 26% to 39%
• The company reported robust demand from the EU
• Continuous efforts to strengthen market presence in the region

Industry Outlook

Analysts are optimistic about the impact of this development:

• Potential margin improvements expected for companies in the sector
• The move is seen as a positive step for the entire shrimp processing industry

This EU approval marks a significant milestone for Indian fishery exports and could pave the way for increased market access and growth opportunities for companies like Apex Frozen Foods in the European market.