Foods & Inns Announces Financial Results for FY'26; Recommends 30% Dividend

Foods & Inns Announces Financial Results for FY'26; Recommends 30% Dividend​

Mumbai, May 29, 2026: Foods & Inns Limited today announced the approval of its audited Financial Statements (Standalone and Consolidated) and financial results for the quarter and full year ended March 31, 2026. The Board of Directors also recommended a dividend of 30% (Rupees 0.30 only) per equity share of Re. 1/- for the Financial Year ended March 31, 2026.

During its meeting, the company approved the audited financial results, confirming the Group's financial performance for the fiscal year.

Annual Performance Snapshot​

For the financial year 2026, the company reported a sales performance of Rs. 809 crores, marking a 14% decline year-over-year. The sales recorded for Quarter 4 FY'26 were Rs. 248 crores, reflecting a 32% decrease year-over-year.

The company’s other segments also provided performance insights:

Foods & Inns Annual Performance (In Rs. Crores)

The Kusum Spices segment provided varied revenue streams, with the full-year revenue reported as follows:

Kusum Spices Revenue (In Rs. Crs)

Consolidated Financial Overview​

On a consolidated basis, the company reported a Total Income of Rs. 87,999.09 lakhs for the year ended March 31, 2026. The consolidated net profit for the period after tax was Rs. 2,768.59 lakhs.

Operational Highlights and Growth Vectors​

Management highlighted several key operational developments that are influencing the financial results:

Market Dynamics and Input Costs
The company noted that Q4 sales volumes saw a decline, partly due to the war situation in March. Average realizations experienced a decline of approximately 25.3% year-over-year, attributed to the sale of inventory manufactured during the 2025 crop season when raw material costs were significantly lower.

Product Segment Performance

• Fruit & Vegetable Pulps: The conflict in West Asia led to the diversion of high-quality mangoes to the processing industry at favorable rates. This development is expected to strengthen the company’s competitive edge in export markets. The mango pulp business holds an exposure of approximately USD 2 million to Middle Eastern markets, where the company anticipates pent-up demand growth as market conditions normalize.
• Spray Dried Powders: The company is advancing its spray-drying capacity expansion to 120 Metric Tonnes Per Annum (MTPA) to meet increasing demand, involving an estimated investment of approximately ₹2.5 crores.
• Frozen Food: This segment continues to demonstrate robust growth, achieving volumes of approximately 28% year-over-year in FY'26. Improved realizations in this category reflect a higher contribution from value-added products, with strong demand noted from the US market.
• Tetra Recart: The business is actively expanding its international presence. Confirmed orders currently stand at approximately 400 MT, valued at around ₹8 crore, with additional orders expected to strengthen the order pipeline.

Cash Flow Analysis​

The Cash Flow from Operating Activities (A) for the year ended March 31, 2026, totaled Rs. 13,180.72 lakhs, compared to Rs. 1,524.37 lakhs in the prior year. The Net Cash flow used in Investing Activities (B) was reported at (Rs. 7,208.06) lakhs. The overall Net Cash flow (used in)/from Financing Activities (C) was (Rs. 3,762.65) lakhs, leading to a net decrease in cash and cash equivalents.

The company’s robust financial operations continue to be underpinned by its core segments, while the strategic expansion in value-added products and international markets provides avenues for future growth.

FOODSIN Stock Price Movement​

On Friday, Foods & Inns Limited shares gained 1.90%, finishing the trading session at ₹56.31. The equity posted a total volume of 133,780 shares throughout the day's trading activity.