Annapurna Swadisht Reports Strong Q1 FY27, Highlights Operational Scaling and Strategic Acquisitions
Annapurna Swadisht Limited has reported robust Q1 FY27 results, marked by a significant increase in revenue and profitable growth across its operations. The company has also advanced its strategic growth agenda through key acquisitions, strengthening its portfolio and distribution reach.The company's consolidated performance in Q1 FY27 showed strong movement in revenues and profitability. Total Revenues stood at 127.21, up 17.74% from 108.04 reported in Q1 FY26. EBITDA reached 21.00, a 21.88% increase compared to 17.23 in the previous period. The EBITDA margin stood at 16.51%, up from 15.95% in Q1 FY26.
Net profit saw a particularly strong rise, with PAT reaching 9.81. This represented a 50.00% jump from the 6.54 PAT reported in Q1 FY26.
The performance for the standalone segment also reflected strong growth, with Q1 FY27 revenues reaching 108.70, marking a 22.33% increase from 88.86 in Q1 FY26. The standalone EBITDA was 17.06, up 17.90%, achieving an EBITDA margin of 15.69%. PAT rose to 7.97, or a 6.84% increase from 7.46 in Q1 FY26.
A comparison of the financial performance across periods is detailed in the table below:
| Metric | Q1 FY27 (Consolidated) | Q1 FY26 (Consolidated) | % Change | Q1 FY27 (Standalone) | Q1 FY26 (Standalone) | % Change |
|---|---|---|---|---|---|---|
| Total Revenues | 127.21 | 108.04 | 17.74% | 108.70 | 88.86 | 22.33% |
| EBITDA | 21.00 | 17.23 | 21.88% | 17.06 | 14.47 | 17.90% |
| EBITDA Margin (%) | 16.51% | 15.95% | 56 bps | 15.69% | 16.28% | -59 bps |
| PAT | 9.81 | 6.54 | 50.00% | 7.97 | 7.46 | 6.84% |
| PAT Margin (%) | 7.71% | 6.05% | 166 bps | 7.33% | 8.40% | -106 bps |
Operational Scale and Market Expansion
The company has significantly expanded its operational footprint and product diversity over the years.Operational metrics show steady scaling:
| Metric | FY23 | FY26 |
|---|---|---|
| No of manufacturing plant | 3 | 5 |
| Production Capacities (MT / Day) | 73.5 | 180.80 |
| FY26 No of product categories | 6 | 13 |
| No of SKUs | 72 | 188 |
| No of Distributors | 510 | 1150 |
| Retail Touch points ( Lakhs) | 6 | 8.5 |
| Presence in State | 5 | 15 |
| Packets sold per day (Lakhs) | 20 | 33 |
| Revenues (in ₹ Cr) | 160.83 | 521.58 |
| PAT (in ₹ Cr) | 7.15 | 30.33 |
The company expanded from being a leading player in East India to expanding its presence in the northern market. The product portfolio has evolved across snacks, namkeen, biscuits, cakes, sweets, noodles, and confectionery.
Strategic Acquisitions Bolster Growth
Annapurna Swadisht recently executed strategic acquisitions to deepen its product lines and expand its market reach.The acquisition of Madhur Confectioners Pvt. Ltd. added 31 SKUs to the portfolio, focusing on the high-growth confectionery segment. This strategic move provides access to a state-of-the-art, ISO and HACCP-certified facility with a daily capacity of 90 Ton per day. Furthermore, the acquisition instantly added 300 distributors focused on confectionery. Madhur Confectioners is expected to contribute approximately 200 Cr in revenue and 16 Cr in PAT in FY28.
Simultaneously, the company acquired a stake in Andri Agro Foods Private Limited (AAFPL). The company acquired 57.14% of AAFPL till June 30, 2026, for a price consideration of ₹10 Cr, with the Enterprise Value set at ₹30 Cr. AAFPL has a capacity of 4,20,000 tonnes p.a. and boasts a wide range of 24 SKUs, including soya chunks and vermicelli. This acquisition is expected to contribute roughly ₹50 Cr in revenue and ₹20 Cr in PAT by FY28.
The acquisition of AAFPL is positioned to expand the soya-based product portfolio in both the Indian and export markets, leveraging AAFPL's existing network of around 200 distributors.
Company Milestones and Growth Drivers
The company’s journey showcases consistent expansion and diversification. Key milestones include:- 2016: Establishment of an extruded pellet unit in Asansol, West Bengal.
- 2020: Setting up a packaging unit at the Asansol facility and launching the 'Fryums' brand.
- 2022: Commissioning a second manufacturing unit in Siliguri and establishing a distribution network with 300 distributors and 80 super distributors across five states.
- 2023: Listing on NSE Emerge, expanding into Odisha and Bihar, and acquiring Madhur Confectioners.
- 2026: Migrating to the NSE Mainboard Platform and launching the 'OFFSIDE' and 'ZIMBA' Brands after acquiring Andri Agro Foods Private Limited.
The company’s growth strategy is built on three pillars: Product, Pricing, and Strong Distribution Channel. The company continues to innovate products, ranging from ready-to-eat noodles to various soya-based snacks, while focusing on leveraging value pricing to capture rural dominance.
Through targeted marketing and expansion, the company is focused on achieving PAN-India market penetration and continuous growth, backed by a scalable and efficient production infrastructure.
ANNAPURNA Stock Price Movement
Shares of Annapurna Swadisht Limited slipped today, shedding 2.7% to settle at ₹147.6. The stock traded within a wide range during the session, moving between a low of ₹146.3 and a high of ₹153.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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