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Earnings Call Transcript

ADF Foods Earnings Call Transcript: Key Takeaways

ADF Foods delivered strong 25.9% revenue growth despite global shipping disruptions. While margins were pressured by freight costs, a US tariff refund significantly buoyed consolidated profitability.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growth25.9% YoY growth to ₹167.3 Cr.
MarginsPressure from freight costs partially offset by passing costs to customers.
Order bookStrongest order book in company history for Q2 FY27.
Demand visibilityStrong preference for ready-to-eat and frozen ethnic Indian foods.
Management confidenceBalanced; optimistic on demand but cautious on global logistics.

Growth

Revenue grew 25.9% YoY to ₹167.3 Cr; EBITDA grew 26% supported by tariff refunds and product mix.

Outlook

Management maintains ₹900 Cr+ revenue guidance for FY27 with high-teen EBITDA margins.

Risks

Container shortages and high ocean freight are hurting shipping volumes; US tariff volatility remains a risk.

Last quarter's promises, checked

Delivered

  • Surat Phase 1 commencement → Delivered March 2026 (= BEAT)
  • Maintained high-teen EBITDA margins → Delivered 17.4% (= BEAT)
  • Truly Indian reach 3,000 stores → Delivered 3,000 stores (= BEAT)

Partly delivered

  • FY27 Revenue ₹925-1,000 Cr → On track but contingent on logistics (= PARTIAL)

Missed

  • Middle East contribution ~15% → Delivered insignificant sales due to war (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: ADFFOODS. Summary written with AI assistance from the document.

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ADF Foods Ltd: key numbers

Share price
₹270.60
Market cap
₹2,973 Cr
Revenue (annual)
₹683.2 Cr
Net profit (annual)
₹89.92 Cr
P/E (TTM)
32.3×Sector 43.4×
Promoter holding
36.13%+0.00% QoQ
FII holding
11.59%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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