DSM Fresh Foods Limited has demonstrated strong financial performance in H1FY26, establishing itself as a prominent player in India's organized fresh food sector. Operating under the Zappfresh brand, the company has built an integrated farm-to-fork platform that addresses traditional supply chain inefficiencies through technology-enabled solutions.

Financial Performance Highlights

The company delivered impressive results across key financial metrics during H1FY26:

The company's gross profit reached Rs. 3,217 lacs with a margin of 33.6%, reflecting strong operational efficiency and pricing power in the market.

Business Operations and Scale

DSM Fresh Foods operates through a vertically integrated business model with three advanced meat processing facilities providing end-to-end automation. The company maintains multi-category manufacturing capabilities across frozen, RTE (Ready-to-Eat), and RTC (Ready-to-Cook) products.

The company's revenue split shows a balanced approach with 52% from B2C operations and 48% from B2B channels, supporting over 300 restaurants and institutional partners.

Strategic Growth Initiatives

DSM Fresh Foods has outlined several strategic priorities for expansion and value creation. The company's acqui-hiring model has proven successful, demonstrated through the acquisition of Sukos Food Pvt. Ltd. in July 2023, which achieved 4x revenue growth in the first year post-acquisition.

The company operates an export-ready manufacturing platform with a 30,000 sq. ft. facility featuring four parallel automated production lines. This facility enables access to international markets and supports the launch of Meevaa Foods, offering diverse RTE/RTC products including Indian gravy range, breakfast items, snacks, and oriental sauces.

Geographic Expansion and Market Presence

The company maintains a diversified geographic revenue split with Uttar Pradesh contributing 41% and Delhi contributing 22% of total revenue. DSM Fresh Foods plans to expand into new geographies including Telangana, Tamil Nadu, and overseas markets in Europe, US, Canada, and the Middle East.

Management Commentary

Managing Director and Chairman Mr. Deepanshu Manchanda emphasized the company's decade-long commitment to providing fresh, safe, and transparently sourced meat products. He highlighted the focus on scaling responsibly while deepening partner relationships and building a sustainable, trusted brand for long-term growth.

Industry Position and Outlook

Operating in a market where 90% of meat processing remains unorganized, DSM Fresh Foods is well-positioned to capitalize on the structural shift toward formalized, branded food products. The company's integrated supply chain, quality certifications, and technology-driven approach provide competitive advantages in addressing evolving consumer preferences for convenience, health, and food safety.

DSM Fresh Foods Limited has announced the resignation of its Secretarial Auditor Ms. Surbhi Bansal, effective March 03, 2026. The company informed BSE Limited about this corporate governance change in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Ms. Surbhi Bansal, a Practicing Company Secretary with Membership No. 36448, submitted her resignation letter on March 03, 2026. The resignation affects her role as Secretarial Auditor for the Financial Year 2025-26.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by providing comprehensive details about the resignation. The announcement was made pursuant to Regulation 30 of the Securities Exchange Board of India Listing Regulations, along with compliance to SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI Circular no. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023.

Transition Arrangements

In her resignation letter, Ms. Bansal expressed no objection to the appointment of any other Secretarial Auditor as her replacement. She conveyed sincere gratitude to the Board of Directors and management for their cooperation and support during her tenure. The company confirmed that Ms. Bansal is no longer associated as Secretarial Auditor following her resignation.

Company Information

DSM Fresh Foods Limited, formerly known as DSM Fresh Foods Private Limited, operates from its registered office at 115-116, 1st Floor, Vishal Tower, District Centre, Janakpuri, New Delhi-110058. The announcement was signed by Managing Director Deepanshu Manchanda (DIN: 07108044) and communicated to BSE under the company's scrip code 544568 and scrip ID ZAPPFRESH.