Krishival Foods Ltd

• Revenue up 50% YoY to ₹66.67 Cr in Q2 FY26 • EBITDA grew 26% to ₹9.65 Cr; PAT rose 17% to ₹5.8 Cr • Nuts segment revenue ₹53 Cr up 20%; Ice cream ₹13.62 Cr • Expansion plans: Nuts capacity 4x; ice cream plant at 25% utilization

🔍 Overview

• This earnings call details Krishival Foods' Q2 FY26 results and strategic outlook.
• Revenue rose 50% YoY to ₹66.67 Cr; EBITDA 26% up to ₹9.65 Cr; PAT increased 17% to ₹5.8 Cr.
• Nuts segment revenue ₹53 Cr (+20% YoY); ice cream segment ₹13.62 Cr.
• Half-year revenue was ₹120.71 Cr (+60% YoY); PAT ₹10.20 Cr (+23%).

🏭 Business Segments & Strategy

• Two main brands: 'Krishival Nuts' (nutritional/snacking) and 'Melt N Mellow' (ice cream).
• Dual-brand strategy diversifies portfolio and reduces risk.
• Focus on premium, aspirational food aligned with Indian consumer trends.
• Expansion into Tier 2, 3, 4 towns targets rising aspirational consumption.

⚙️ Capacity & Infrastructure

• Nuts processing capacity: currently 10 MT/day; expanding to 40 MT/day within 2 years via new 2 lakh sq. ft. facility.
• Ice cream plant: 1 lakh litres/day capacity; current utilization ~25%; target 100% utilization within 2 years.

📈 Distribution & Exports

• Nuts are in 10,000+ outlets across 100+ smaller towns and premium stores.
• Ice cream available in 25,000 touchpoints with 200+ distributors in select Indian states.
• Products also available on major e-commerce platforms.
• Exports focused on Singapore with 300+ retail points; targeted revenue > $1 million; plans to expand exports to Japan and USA.

💰 Financials & Margins

• PAT mainly driven (90-95%) by nuts segment currently.
• Ice cream segment expected to contribute more from next financial year; parity between segments by FY27-28 forecasted.
• Exports generate ~5% higher margin than domestic sales, with potential to grow further.

⚖️ Market Factors

• GST rate cut to 5% fully passed to customers, likely encouraging demand growth.
• Ice cream market growth reinforced by GST cut and shift towards organized players.

🚀 Outlook

• Plans to quadruple nuts capacity, deepen market reach, enhance online sales and exports.
• Goal of triple-digit revenue growth in coming years.

🤔 Perception

• The update indicates strong growth and expansion backed by strategic moves and favorable regulations.
• GST reduction expected to facilitate competitive pricing and demand increase.
• Export ambitions underscore international growth potential.