Apex Frozen Foods Limited, a leading Indian shrimp exporter, reported impressive Q1 FY26 results. Net revenue increased by 39% year-on-year to Rs 258.20 crore, driven by a 17% increase in shrimp sales volume and a 19% improvement in average realization. Profit after tax surged 139% to Rs 9.10 crore, while EBITDA grew 66% to Rs 18.40 crore. The company expanded its Ready-to-Eat product share to 15% of total sales, up from 9% last year. Sales to the USA grew by 18%, and the European Union market saw a 22% increase. Gross margin improved to 33.7%, and EBITDA margin expanded to 7.1%.
11Aug 25
Apex Frozen Foods Reports 139% Surge in Q1 Net Profit, Revenue Up 39%
Apex Frozen Foods, a leading processed shrimp exporter, reported strong Q1 FY2025-26 results. Net profit soared 139% to ₹90.99 crore, while revenue increased 39% to ₹258.16 crore. EBITDA grew 45% to ₹155.00 crore, with margins improving to 5.98%. The company's export benefits rose to ₹13.61 crore. Management has approved the un-audited financial results, and an earnings call is scheduled for August 18, 2025.
10Aug 25
Apex Frozen Foods Faces Potential Impact as Seafood Export Association Seeks Aid Amid $2 Billion Disruption
The Seafood Export Association reports a $2 billion disruption in shrimp exports, primarily due to a tariff increase by President Trump. The association is calling for immediate financial support to address the crisis. Apex Frozen Foods, a key player in the Indian seafood export industry, may face challenges due to this development. The situation highlights the vulnerability of the industry to international trade policies and the need for diversification strategies.
25Jul 25
Apex Frozen Foods Surges 6% as India-UK Trade Deal Eliminates Duties on Marine Exports
Apex Frozen Foods Ltd. shares rose over 6% following the announcement of the India-UK Free Trade Agreement, which provides zero-duty access for 99% of India's marine exports to the UK. The stock reached an intraday high of Rs 260.00 (up 6.61%) and closed at Rs 256.27 (up 5.08%). The agreement eliminates import duties on key marine products, potentially benefiting seafood exporters like Apex Frozen Foods by increasing export opportunities and improving profit margins.
30May 25
Apex Frozen Foods Swings to Q4 Profit, Announces Dividend
Apex Frozen Foods Ltd. reported a net profit of ₹20.00 million in Q4, reversing previous losses. Revenue increased by 21.60% to ₹1.97 billion compared to the same quarter last year. The company recommended a dividend of ₹2.00 per equity share.
Apex Frozen Foods Ltd. has reported a significant turnaround in its Q4 performance. Revenue increased to ₹1.97 billion from ₹1.62 billion year-over-year. The company turned a loss into a profit, reporting a net profit of ₹20.00 million compared to a ₹3.60 million loss in the previous year. EBITDA rose to ₹66.00 million from ₹14.00 million, with the EBITDA margin improving to 3.34% from 0.84%. The company has also recommended a dividend of ₹2.00 per equity share.