Press release with regard to the Audited Financial Results of the Company for the half year and year ended March 31, 2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 27 May 2026, 10:23 PM IST · BSE ID: 9ed19a3f-4009-4bfe-a4a9-e271b4c5f2e9
View Original BSE Filing (PDF)
💡
In Simple Terms
The company announced its yearly financial results, showing significant growth in sales and profits for the year ending March 2026.
🤖 AI Summary
- DSM Fresh Foods reported FY26 consolidated revenue of INR 2,208 Million, a 69% YoY increase.
- EBITDA for FY26 reached INR 311 Million, with a 14.1% margin, growing 91% YoY.
- Profit After Tax (PAT) stood at INR 143 Million, achieving a 6.5% margin, up 59% YoY.
- Acquired ready-to-eat business from Ambrozia and launched Meevaa Foods for convenience segment.
- Recently listed on BSE Emerge in October 2025, operating under the Zappfresh brand.
- B2B contribution rose to approximately 68% of revenue in FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
FY26 Revenue
INR 2,208 Million
69%
FY26 EBITDA
INR 311 Million
91%
FY26 EBITDA Margin
14.1%
160 bps
FY26 Profit After Tax (PAT)
INR 143 Million
59%
FY26 PAT Margin
6.5%
(41) bps
FY26 Profit Before Tax
INR 232 Million
FY25 Revenue
INR 1,307 Million
🏢 How This Affects the Company
The strategic acquisition of Ambrozia's ready-to-eat business and the launch of Meevaa Foods expand the company's product portfolio and market reach into vegetarian and convenience food segments. The rising B2B contribution to approximately 68% in FY26 indicates a shift in revenue mix and strengthened institutional relationships.
Consolidated revenue increased 69% YoY to INR 2,208 Million, and EBITDA grew 91% YoY to INR 311 Million, demonstrating improved operating performance. Profit Before Tax nearly doubled to INR 232 Million, while Profit After Tax rose 59% YoY to INR 143 Million despite a deferred tax charge, with normalized PAT at approximately INR 184 Million.
Backward integration in seafood sourcing through partnerships with nearly 300 farmers and an aquaculture platform of 270 acres enhances supply chain reliability and quality control. Retail store expansion with 100 new store partners planned for the next phase indicates scaling of local meat shop partnerships.
The increased B2B contribution (approximately 68% in FY26) driving short-term margin moderation due to its lower-margin profile could impact overall profitability in the near term. One-time deferred tax charge impacted reported PAT.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results announcement.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, with the company reporting strong growth in revenue and profitability for FY26. The company recently listed on BSE Emerge in October 2025.
🔍
Management Signal
Management is focused on delivering financial performance and making long-term strategic investments in manufacturing, product expansion, and supply chain depth for future growth.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — monitor continued revenue growth above INR 1,250 Million.
Updates on Meevaa Foods expansion — track further growth in convenience segment orders.
Progress on 100 new retail store partnerships — evaluate operational integration and customer engagement.
MEDIUM RISK
Recent IPO status and potential near-term margin moderation from B2B mix introduce some execution risk.
💡 Investor Takeaway
DSM Fresh Foods reported FY26 consolidated revenue of INR 2,208 Million, increasing 69% YoY from INR 1,307 Million in FY25. EBITDA grew 91% YoY to INR 311 Million with a 14.1% margin. PAT increased 59% YoY to INR 143 Million, despite a 41 bps margin decline to 6.5%.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations increased 69% YoY to INR 2,208 Million in FY26, reflecting robust demand and scaling across categories.
- EBITDA grew 91% YoY to INR 311 Million, with EBITDA margins at 14.1%, indicating healthy operating performance.
⚠️ Concerns
- Profit After Tax margin saw a 41 bps YoY decline to 6.5% in FY26, despite PAT growth, due to tax impacts.
- The rising B2B contribution to approximately 68% in FY26 led to some near-term margin moderation due to its lower-margin profile.
📅 Company Track Record
DSM Fresh Foods Limited, founded in 2015, recently listed on BSE Emerge in October 2025. A past filing on May 27, 2026, indicated approval of FY26 financial statements with revenue of Rs. 22,081.81 Lakhs and approval of an IPO funds deviation report. This is the first full annual financial result post-listing.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was DSM Fresh Foods' consolidated revenue for the full year ended March 31, 2026?
DSM Fresh Foods' consolidated revenue for FY26 was INR 2,208 Million, representing a 69% increase YoY from INR 1,307 Million in FY25.
What was DSM Fresh Foods' EBITDA and EBITDA margin for FY26?
For FY26, DSM Fresh Foods reported an EBITDA of INR 311 Million with an EBITDA margin of 14.1%, showing a 91% YoY growth in EBITDA and a 160 bps increase in margin.
What was DSM Fresh Foods' Profit After Tax (PAT) for the year ended March 31, 2026?
DSM Fresh Foods' Profit After Tax for FY26 was INR 143 Million, which is a 59% increase YoY, resulting in a PAT margin of 6.5%.
When did DSM Fresh Foods Limited list on the BSE?
DSM Fresh Foods Limited was listed on BSE Emerge in October 2025.
What was the B2B contribution to DSM Fresh Foods' revenue in FY26?
The B2B contribution to DSM Fresh Foods' revenue rose to approximately 68% in FY26.
Questions based on this BSE filing only. For information purposes.