Apex Frozen Foods Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 26 Aug 2026 | Food Products | Market Cap: ₹1.3K Cr

Apex Frozen Foods targets around 12,000 metric tons of production for FY27, aiming to recover from Q1 labor shortages and supply issues. - They expect stable or improved capacity utilization of 35%-40% through FY27, supported by diversified markets and order book strength. - Plans to increase sales volumes beyond 14,000 to 15,000 metric tons in FY28 and FY29, contingent on favorable global trade conditions and absence of new tariff issues. - Ready-to-Eat (RTE) product sales expected to grow from 16% volume share in Q1 FY27 to about 18%-20% for the current year, improving margins. - New market expansions are ongoing: Japan business initiated, Russia expected to start by Q3 FY27, Australia pending customer audits. - Growth in U.S. Apex Frozen Foods expects better capacity utilization going forward, targeting around 12,000 metric tons production for FY27, up from previous years impacted by labor issues.

From Apex Frozen Foods Ltd's Q1 FY27 earnings-call transcript · updated 26 Aug 2026.

Price

382

Market Cap

₹1.3K Cr

P/E Ratio

26.9

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does Apex Frozen Foods Ltd rank in Food Products?

Compare Apex Frozen Foods Ltd against every Food Products company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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Apex Frozen Foods Ltd — Quarterly revenue & net profit

Revenue Net Profit
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹264 Cr, net profit ₹10 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • Apex Frozen Foods targets around 12,000 metric tons of production for FY27, aiming to recover from Q1 labor shortages and supply issues.
  • They expect stable or improved capacity utilization of 35%-40% through FY27, supported by diversified markets and order book strength.
  • Plans to increase sales volumes beyond 14,000 to 15,000 metric tons in FY28 and FY29, contingent on favorable global trade conditions and absence of new tariff issues.
  • Ready-to-Eat (RTE) product sales expected to grow from 16% volume share in Q1 FY27 to about 18%-20% for the current year, improving margins.
  • New market expansions are ongoing: Japan business initiated, Russia expected to start by Q3 FY27, Australia pending customer audits.
  • Growth in U.S. market aided by easing tariff uncertainties; Europe volumes expected to rise after earlier shipment delays resolve.
  • Focus on higher-value, value-added products including RTE to drive better realizations and sustainable margin improvements.

📈 Profitability & Margins

Rank 3
  • Apex Frozen Foods expects better capacity utilization going forward, targeting around 12,000 metric tons production for FY27, up from previous years impacted by labor issues.
  • For FY28 and FY29, management is optimistic about scaling volumes to 14,000-15,000 metric tons, contingent on stable trade environment and no new tariff barriers.
  • Profitability improved significantly in Q1 FY27 with a 79% YoY EBITDA increase and 138% PAT growth, driven by higher realizations, stable farm gate prices, and cost-efficiency measures.
  • Ready-to-eat (RTE) product volumes are targeted to grow from 16% to 18-20% in FY27, offering higher margins (~USD 0.50/kg over RTC).
  • Management expects sustainable margin stability going forward, supported by diversified markets, diversified product mix, and improving global market conditions.
  • Positive impact expected from FTAs (EU in particular) and removal of non-tariff barriers to drive volume and margin growth in medium term.
  • Overall, earnings and EPS growth are expected to improve gradually as capacity utilization and market diversification increase.

🏗️ Capital Expenditure Plans

No information
The transcript does not explicitly mention any current or future capex, capital investment, or strategic investment plans by Apex Frozen Foods Limited. However, some relevant points inferred include: - The company is focused on improving capacity utilization, aiming for around 12,000 metric tons production in FY27 and targeting 14,000-15,000 metric tons in FY28/FY29. - There is an emphasis on diversifying products and markets, including new product development with customers (details proprietary). - Internal changes and cost efficiency measures have been implemented to support better utilization and margins. - Expansion efforts focus on value-added and ready-to-eat (RTE) product segments. - No specific mention of new manufacturing capacity, plant expansion, or capital expenditure commitments. Overall, the management is prioritizing operational enhancements, market diversification, and product development over fresh capital investments at this stage.

💰 Fundraising & Capital Structure

No information
The transcript provided does not mention any current or future fundraising plans through debt or equity for Apex Frozen Foods Limited. Key points related to finances are: - The company maintains a lean financial profile with debt levels prudently managed and at comfortable levels. - Focus remains on disciplined working capital management and maintaining a healthy balance sheet as the business scales. - No announcement or indication of plans for new debt or equity fundraising was discussed during the Q1 FY27 earnings call. Therefore, based on the available information, there are no current or immediate future plans for fundraising through debt or equity disclosed.

📋 Order Book & Pipeline

No information
  • The current order book for Apex Frozen Foods Limited is strong and secured until the middle of Q3 of FY27.
  • The order book position is dynamic and can change due to equipment, shipment delays, or supply-related issues.
  • Despite these potential fluctuations, the company is confident with the current order book status through mid-Q3.
  • This solid order book underpins the company’s plans for improved capacity utilization and production scaling.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

No information

Fundraise

No information

Order Book

No information

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Frequently Asked Questions

What were Apex Frozen Foods Ltd Q1 FY27 results?

Apex Frozen Foods targets around 12,000 metric tons of production for FY27, aiming to recover from Q1 labor shortages and supply issues. - They expect stable or improved capacity utilization of 35%-40% through FY27, supported by diversified markets and order book strength. - Plans to increase sales volumes beyond 14,000 to 15,000 metric tons in FY28 and FY29, contingent on favorable global trade conditions and absence of new tariff issues. - Ready-to-Eat (RTE) product sales expected to grow from 16% volume share in Q1 FY27 to about 18%-20% for the current year, improving margins. - New market expansions are ongoing: Japan business initiated, Russia expected to start by Q3 FY27, Australia pending customer audits. - Growth in U.S. Apex Frozen Foods expects better capacity utilization going forward, targeting around 12,000 metric tons production for FY27, up from previous years impacted by labor issues.

What is Apex Frozen Foods Ltd share price analysis?

Apex Frozen Foods Ltd currently shows a below-average growth signal. The stock trades at a P/E of 26.9 with a market cap of ₹1,332 Cr. Investors should review the full earnings analysis for detailed insights.

Is Apex Frozen Foods Ltd planning capital expenditure?

The transcript does not explicitly mention any current or future capex, capital investment, or strategic investment plans by Apex Frozen Foods Limited.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.