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ADF Foods Ltd

Q4 FY26Food Products

ADF Foods Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management said on revenue, margins and capex.

Price₹268
Market cap₹2.9K Cr
P/E29.8
Updated23 Aug 2026
Read4 min read

ADF Foods Ltd Q4 FY26 key numbers

Revenue
Truly Indian brand: Expected to reach INR 75-80 crores in sales in FY '27, scaling up with repeat purchases and new listings.

As stated in ADF Foods Ltd's Q4 FY26 earnings call transcript · published 14 Jun 2026. Reported figures, not investment advice.

The short version

FY '27 revenue guidance: INR 925 crores to INR 1,000 crores if Middle East contribution normalizes; otherwise INR 800 crores to INR 850 crores with 12%-15% growth if Middle East remains at zero contribution. FY '27 revenue guidance: INR925 crores to INR1,000 crores, aiming for 15%-30% growth depending on Middle East contribution.

From ADF Foods Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • FY '27 revenue guidance: INR 925 crores to INR 1,000 crores if Middle East contribution normalizes; otherwise INR 800 crores to INR 850 crores with 12%-15% growth if Middle East remains at zero contribution.
  • Growth drivers: 60%-65% of growth expected from volume increases; rest from product mix and rupee depreciation benefits.
  • Ashoka brand projected growth: ~20%-25% in FY '27 (expected to grow 30%-35% in FY '27 depending on market).
  • Truly Indian brand: Expected to reach INR 75-80 crores in sales in FY '27, scaling up with repeat purchases and new listings.
  • Surat Facility: Phase 1 utilization expected at 35%-40% in FY '27 and Phase 2 from Q3 with incremental revenue potential of INR 200-250 crores at full capacity.
  • Further capacity debottlenecking planned in FY '27 with INR 15-20 crores investment.

2 more points from ADF Foods Ltd's call on revenue

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Profitability & Margins

See what ADF Foods Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Over the last 2 years, ADF Foods has invested approximately INR124 crores in capex across greenfield (Surat facility) and brownfield (Nadiad and Nashik) expansions.
  • Surat facility Phase 1 commercial production began in March 2026; Phase 2 expected in Q3 FY '27 with an additional product line.
  • For FY '27, planned capex is INR15-20 crores for further debottlenecking and modernization at Nadiad and Nashik plants.
  • An additional INR20-25 crores capex expected in FY '27, mostly for the new pizza base line at Surat and completion payments for Phase 1 and Phase 2.

2 more points from ADF Foods Ltd's call on capex

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Top-ranked in Food Products

Ranked on what management guided this quarter

Guidance-ranked
1Milky Mist Dairy
Rev 1Mar 1
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what ADF Foods Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Therefore, based on the provided document: - The company focused on revenue guidance, capacity utilization, brand growth, and impacts of geopolitical situations. - Manufacturing capex and capacity expansions at Surat and other plants were discussed, but without referring to order backlog. - Growth outlook is tied to market penetration, brand expansion, and capacity ramp-up rather than order book status.

ADF Foods Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹197 Cr, net profit ₹26 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were ADF Foods Ltd Q4 FY26 results?

FY '27 revenue guidance: INR 925 crores to INR 1,000 crores if Middle East contribution normalizes; otherwise INR 800 crores to INR 850 crores with 12%-15% growth if Middle East remains at zero contribution. FY '27 revenue guidance: INR925 crores to INR1,000 crores, aiming for 15%-30% growth depending on Middle East contribution.

What is ADF Foods Ltd share price analysis?

ADF Foods Ltd currently shows a neutral. The stock trades at a P/E of 29.8 with a market cap of ₹2,883 Cr. Investors should review the full earnings analysis for detailed insights.

Is ADF Foods Ltd planning capital expenditure?

Over the last 2 years, ADF Foods has invested approximately INR124 crores in capex across greenfield (Surat facility) and brownfield (Nadiad and Nashik) expansions.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.