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.

Krishival Foods Limited, a leading player in the premium dry fruits and ice cream segments, has reported strong financial results for the second quarter of fiscal year 2026. The company's consolidated revenue surged by 50% year-over-year to reach INR 66.67 crores, demonstrating significant market traction and operational efficiency.

Key Financial Highlights

• Revenue Growth: Consolidated revenue for Q2 FY26 stood at INR 66.67 crores, marking a 50% increase from the previous year.
• EBITDA Performance: The company's EBITDA reached INR 5.80 crores, reflecting an 18% year-over-year growth.
• Segment-wise Revenue:
  • Krishival Nuts contributed INR 53.05 crores
  • Melt N Mellow (ice cream segment) added INR 13.61 crores

Operational Strengths

Krishival Foods operates through two distinct brands:

1. Krishival Nuts: Offers premium dry fruits and nuts with direct farm sourcing and modern processing.
2. Melt N Mellow: A youthful, indulgent ice cream brand known for unique flavors and a strong retail footprint.

The company's integrated manufacturing excellence is evident in its state-of-the-art facilities:

• Nuts and Dry Fruits: World-class processing units in Halkarni and Shinoli, Kolhapur.
• Ice Cream, Dairy & Bakery: Advanced facility in Aurangabad with a production capacity of 1 lakh liters/day for ice cream.

Strategic Advantages

1. Category Synergy: Fueling profitable expansion across segments.
2. Robust Financial Foundation: Sustainable growth momentum observed.
3. Integrated Manufacturing: Innovation-driven ecosystem enhancing product quality.
4. Smart Automation: Ensuring efficiency and product consistency.

Management Commentary

Sujit Bangar, Chairperson and Whole-Time Director, commented on the results: "Q2 FY 26 was another quarter of disciplined execution for Krishival Foods. We delivered healthy top line growth led by continued distribution expansion in Tier II, III markets and strong traction in modern trade and quick commerce. Both segments - dry fruits, nuts and ice cream - are growing and expanding on the desired path. The company will continue to invest in building more capacities and optimising utilisation of existing secured capacities."

Future Outlook

Krishival Foods is poised for further growth with its expansion roadmap focusing on:

1. Strengthening its presence in Tier II and III markets.
2. Expanding distribution networks, particularly in modern trade and quick commerce channels.
3. Continued investment in capacity building and optimization of existing facilities.

The company's dual-brand strategy, coupled with its integrated manufacturing capabilities, positions it well to capture the growing premium FMCG market in India and beyond. With a strong financial foundation and a clear focus on innovation and expansion, Krishival Foods Limited appears set for sustained growth in the coming quarters.

Investors and market watchers will be keen to observe how the company leverages its current momentum to further strengthen its market position and deliver value to shareholders.