Krishival Foods Enters Next Phase Of Profitable Growth; FY26 Marks Scale-Up With Improving Profitability Visibility For Both Nuts And Ice Cream.

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Mumbai, Maharashtra, 15th of May 2026 : |INE0GGO01015) a fast-growing Indian FMCG company with a diversified portfolio across dry fruits, nuts, and ice cream under the brands Krishival Nuts and Melt N Mellow, has announced its unaudited financial results for Q4 and FY26.

The Company delivered a steady Q4 FY26 performance, supported by strong demand across categories and continued distribution expansion. FY26 marks a transition into a scale-up phase, driven by capacity expansion, improving utilisation, and strong traction in the ice cream segment, which has now achieved profitability.

Consolidated
Particulars (₹ Cr)	Q4 FY26	Q4 FY25	FY26	FY25	YoY
Total Revenue*	106.84	75.97	304.41	206.31	+48%
EBITDA*	13.05^#	8.87	41.95^#	25.25	+66%
EBITDA Margin (%)*	12.21%^#	12.03%	13.78%^#	12.48%	+130 bps
Net Profit	5.58	5.20	22.20	13.55	+64%
Net Profit Margin (%)	5.47%	7.05%	7.59%	6.70%	+89 bps
Diluted EPS (₹)	2.31	2.33	9.17	6.07	–

* Including Other Income # Adjusted for one-time ESOP expense in Q4 FY26

Commenting on the Performance, Mr. Sujit Bangar — Chairman & Whole-Time Director, said,

“FY26 has been a defining year for the Company, marked by strong execution across both business segments.

A key highlight was the consolidation of profitability in the Nuts & Dry Fruits segment under Krishival Nuts, which achieved a healthy PAT margin of 10%.

Simultaneously, the Ice Cream segment under Melt N Mellow demonstrated meaningful progress, attaining scale along with EBITDA margin of 7%.

During the year, the Company successfully completed a ₹100 crore Rights Issue. The proceeds are being strategically deployed towards capacity expansion, supply chain strengthening, and significant investments in cold-chain infrastructure, including a rapidly expanding freezer network.

With strong visibility on capacity ramp-up, continued distribution expansion, and benefits of operating leverage, the management remains confident of delivering sustained high growth with progressive improvement in profitability over the medium term.”

Nuts & Dried Fruits – Krishival Nuts

Growth supported by retail expansion and steady B2B demand
Q4 FY26 revenue at ₹60.69 crore, up 11% YoY, supported by sustained demand from all sales channels
Q4 FY26 EBIDTA grew 46% YoY to ₹7.81 crore, reflecting operating leverage
FY26 revenue stood at ₹ 211 crore, up 20.80% YoY supported by sustained consumer and institutional demand.
FY26 EBITDA grew 41.37% YoY to ₹ 33 crore reflecting operating leverage.
PAT increased 53.58% YoY to ₹ 21 crore achieving 10% PAT margin milestone in FY 26 and confident about its sustenance.

Ice Cream – Melt N Mellow

Achieved profitability milestone during FY26 and progressing towards margin expansion
Q4 FY26 revenue at ₹41.38 crore, up 115% YoY
Q4 FY26 EBIDTA at ₹3.29 crore
FY26 revenue grew 95% YoY to ₹95.42 crore
FY26 EBIDTA increased to ₹ 7.1 crore, yielding a margin of 7%
Melt N Mellow is the only major emerging multi state ice cream brand which is scaling up with incremental branding and marketing spend, while generating profit

Geographical Reach

The company has expanded its reach across 300+ towns and places.
Krishival Nuts expanded footprint to a network of 11,000+ retail touchpoint
Melt N Mellow is now available across 34,200+ retail touchpoints across Maharashtra, Karnataka, Goa, Telangana, and Andhra Pradesh
As of March 31, 2026, the Company has deployed 15,490 deep freezers across retail touchpoints in Maharashtra, Karnataka, Goa, Telangana, and Andhra Pradesh,

strengthening cold-chain infrastructure and enhancing on-ground brand visibility

Expand distribution footprint across Tier II and Tier III markets and strengthen presence in key states
Scale Melt N Mellow with focus on capacity utilisation and expanding retail reach
Expand deep freezer network to strengthen last-mile distribution and brand visibility
Launch of 25 FOCO Melt N Mellow ice cream parlors across Mumbai and Pune, in FY27 to enhance brand presence and drive retail-led growth
Continue investing in expanding deep freezer network across Maharashtra, Karnataka, Telangana, Andhra and Goa
Keep investing in R&D and product innovation beyond existing 189 SKUs in ice cream and 67 SKUs in nuts & dry fruits
Advance capacity expansion in the nuts segment to support future growth
Continue focus on operational efficiencies, supply chain integration, and margin improvement
Strengthen export footprint across Singapore, the United States, and Japan

Successfully completed ₹9,999.48 lakh rights issue during FY26
Proceeds to support capacity expansion, working capital and supply chain strengthening

Krishival Foods Ltd. is a fast-growing Indian FMCG company with a strong presence in dry fruits, nuts and ice cream. Through its diversified portfolio of brands — ‘Krishival Nuts’ and ‘Melt N Mellow’—the Company is strategically positioned to capitalise on India’s evolving discretionary consumption landscape, with a focus on building scalable, premium yet accessible consumer brands.

For more information, visit: www.krishival.com