Megastar Foods Limited officially announced its Q3FY26 quarterly results for the quarter and nine months ended December 31, 2025, under Regulation 33 of SEBI Listing Regulations. The wheat products manufacturer demonstrated exceptional growth across key performance metrics, with the Board of Directors approving the unaudited financial results at their meeting held on February 5, 2026.

Financial Performance Overview

The company's Q3FY26 performance showcased significant improvement across all major financial parameters:

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, continued to reflect strong business momentum with substantial growth across key metrics:

Regulatory Compliance and Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 5, 2026. The results received limited review reports from statutory auditors Nitin Mahajan & Associates, Chartered Accountants, with no reservations or qualifications expressed. The company maintains full compliance with SEBI Listing Regulations and Indian Accounting Standards.

Financial Health Indicators

Megastar Foods showed strengthened financial ratios indicating improved creditworthiness and operational performance:

Consolidated Results Performance

The consolidated financial results, including subsidiary Megapacific Ventures Private Limited, showed similar positive trends:

Operational Efficiency Improvements

The company demonstrated enhanced operational efficiency through improved cost management and better resource utilization. Cost of material consumed increased proportionally with revenue growth at ₹10,028.71 lakhs, while the company maintained healthy profit margins. Employee benefits expense for Q3FY26 stood at ₹311.54 lakhs compared to ₹244.07 lakhs in the previous year quarter, reflecting controlled operational costs despite business expansion.

Megastar Foods Limited , a leading manufacturer of wheat-based products, has reported a robust financial performance for the second quarter of fiscal year 2026. The company's revenue soared by 53% year-over-year to INR 138.00 crores, driven by increased demand from institutional customers and an improved product mix.

Financial Highlights

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) witnessed a significant jump of 104% to INR 9.40 crores, compared to INR 4.60 crores in the same quarter last year. The EBITDA margin expanded to 6.80% from 5.10% in Q2 FY25, reflecting the company's focus on cost optimization and efficient raw material sourcing.

Operational Performance

Megastar Foods has been operating at 65% of its expanded capacity of 710 MT per day. The company's manufacturing facility in Rupnagar, Punjab, is equipped with Wheeler machinery and supported by a 50,000 MT in-house wheat storage facility.

Growth Outlook

The company has set a target of achieving INR 500.00 crores in annual revenue by FY26. Megastar Foods projects a 15% year-on-year revenue growth, with expectations to reach approximately INR 600.00 crores in FY27 and INR 700.00 crores in FY28.

Strategic Initiatives

Megastar Foods is focusing on several key areas to drive growth:

1. Strengthening partnerships with multinational and domestic clients
2. Enhancing process efficiency through automation
3. Expanding value-added and organic product lines
4. Maintaining financial discipline for sustainable growth

The company plans to launch its B2C brand, Horita, in the next financial year, diversifying its product portfolio and customer base.

Market Position

Megastar Foods has established itself as a preferred supplier to leading multinational food companies such as Nestle, ITC, HUL, Jubilant, Bimbo Bakers, and Yum. The company adheres to global food safety standards, holding certifications including DRCGS, FSSAI, HALAL, and SEDEX.

Future Outlook

While the company faces challenges such as the current ban on wheat exports from India, management remains optimistic about future growth prospects. Megastar Foods is exploring opportunities to expand its geographical presence and is prepared to capitalize on potential export opportunities once the ban is lifted.

As Megastar Foods continues to focus on specialized flour products and innovation, it aims to cater to the growing demand for high-quality wheat-based products in both domestic and international markets, positioning itself for sustained growth in the coming years.