Krishival Foods Reports Strong Q1 FY27 Results: Ice Cream and Nuts Segments Drive Growth

Krishival Foods Reports Strong Q1 FY27 Results: Ice Cream and Nuts Segments Drive Growth​

Krishival Foods Limited reported its unaudited Standalone and Consolidated Financial Results for the quarter ended on June 30, 2026. The results showcase the company's dual-engine FMCG model, with significant performance delivered by both the Melt N Mellow ice cream business and Krishival Nuts.

Management highlighted that the two businesses operate with complementary seasonality, which is crucial for balancing revenue across the year while enabling efficient working capital management and reducing overall business seasonality. The company aims to progressively increase the contribution of the ice cream segment as it scales further, building a more diversified FMCG platform.

Sujit Bangar, Chairperson and Whole-Time Director, stated that Melt N Mellow is emerging as a significant growth driver for Krishival Foods. He noted that while Q1 was seasonally favorable for the ice cream business, which generated revenue exceeding 50% of the total revenue from the previous financial year, both segments delivered resilient performance despite external headwinds, including diesel availability constraints and higher milk prices.

Segment Performance Snapshot​

The company's growth is underpinned by a dual-engine strategy: Krishival Nuts acts as a strong cash generator, while Melt N Mellow serves as the high-growth engine.

Key segment performance metrics for Q1 FY27 include:


The consolidated quarterly performance showed strong growth across key metrics, although the net profit margin saw a decline compared to the previous year.

Consolidated Quarterly Financial Performance (Q1 FY27)​

Krishival Foods reported substantial top-line growth in Q1 FY27.

Operational Highlights and Expansion​

The company emphasized continued expansion in the cold chain network and product diversification across both brands.

Melt N Mellow Growth:

• Distribution Reach: The company has established a robust distribution network, spanning over 34,200 retail touchpoints for ice cream and 17,280+ deep freezer networks.
• Geographic Expansion: In Q1, the company added 1,780 new freezers in Andhra Pradesh (AP). AP has been entered through three CNF locations: Rayalaseema, Vijayawada, and Visakhapatnam.
• Product Innovation: The Melt N Mellow portfolio expanded with six differentiated formats, including Novelties (6 SKUs), Cakes (6 SKUs), Charms (4 SKUs), Marvel Bars (11 SKUs), Pastries (2 SKUs), and Zero Added Sugar options (3 SKUs).

Krishival Nuts Advancement:

• Sourcing Edge: The company leverages direct procurement from nine countries, including India, Ghana, USA, and Cambodia, to mitigate price volatility and supply risk.
• Operational Strength: Nut processing operations are situated across two factory units in Kolhapur (Halkarni and Shinoli).
• Product Focus: Krishival Nuts continues to expand impulse consumption formats, offering range including Premium Cashews, Roasted & Salted Almonds, and Assorted Mixes.

Annual Financial Trajectory​

The consolidated annual financial results for the year ending March 31, 2026, show strong underlying momentum for the company. Total Income reached ₹304.41 crores in FY26 from ₹206.31 crores in FY25, representing a +48% growth. Net Profit was reported at ₹22.20 crores, marking a 64% increase from FY25.

The company's balance sheet reflects significant capital investment, with Total Assets reaching ₹250.18 crores as of March 31, 2026.

KRISHIVAL Stock Price Movement​

On Tuesday, Krishival Foods Limited shares rallied to close at ₹402.15, marking a solid gain of 1.81% after trading saw the stock trade within an intraday range between ₹397.75 and ₹407.
The equity traded a total volume of 13,910 shares on Tuesday.