ADF Foods Limited , a prominent player in the food industry, has announced a significant development regarding its manufacturing operations in Gujarat. The company has received permanent revocation orders from the Gujarat Pollution Control Board (GPCB) for two of its manufacturing plants located in Nadiad, Gujarat.

Key Details of the Revocation Orders

The permanent revocation orders, issued on November 19, 2025, pertain to alleged violations of the Water (Prevention and Control of Pollution) Act, 1974. The affected manufacturing units are:

1. Plot No. 83/86 and C1/40/2/3/4, GIDC Estate, Nadiad, Taluka Nadiad, District Kheda
2. Plot No. 94, GIDC Estate, Nadiad, Taluka Nadiad, District Kheda

Impact on Operations

Despite the issuance of these orders, ADF Foods has stated that there is no impact on its financial, operational, or other activities. The company emphasized that both manufacturing units remained fully functional during the interim period leading up to the permanent revocation orders.

Regulatory Compliance and Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ADF Foods has provided a detailed disclosure to the stock exchanges. The disclosure includes the following information:

Company's Stance

ADF Foods has reiterated its commitment to maintaining the highest standards of regulatory compliance. The company's management has not provided any further details regarding the alleged violations or any potential remedial measures.

Investor Considerations

While the company maintains that there is no financial or operational impact, investors and stakeholders may want to monitor the situation closely. The resolution of regulatory issues and maintaining compliance are crucial factors that can influence a company's long-term performance and reputation in the market.

ADF Foods , a leading food processing company, has reported a significant increase in its quarterly consolidated net profit, showcasing strong financial performance amidst flat revenue growth.

Financial Highlights

Profit Growth

ADF Foods has demonstrated robust profitability in the second quarter, with its consolidated net profit jumping to ₹264.00 million, up from ₹197.00 million in the same period last year. This 34% year-over-year increase in net profit underscores the company's ability to enhance its bottom line despite challenging market conditions.

Revenue Performance

While the company's top-line remained steady at ₹1.60 billion, matching the revenue from the corresponding quarter of the previous year, ADF Foods managed to significantly improve its profitability metrics.

Improved Operational Efficiency

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a substantial increase, rising to ₹358.00 million from ₹277.00 million in the previous year. This represents a growth of 29.2% year-over-year.

Margin Expansion

Perhaps the most notable improvement was in ADF Foods' EBITDA margin, which expanded to 21.99% from 17.15% in the previous year. This 4.84 percentage point increase in EBITDA margin indicates enhanced operational efficiency and cost management by the company.

The significant improvement in profitability metrics, particularly the expansion of the EBITDA margin, suggests that ADF Foods has successfully implemented strategies to optimize its operations and control costs, even as revenue remained flat. This ability to improve profitability in a challenging revenue environment demonstrates the company's resilience and effective management practices.