Krishival Foods Reports Strong Q1 FY27 Results: Melt N Mellow Emerges as Key Growth Driver, Tripling Sales Year-on-Year

Krishival Foods Reports Strong Q1 FY27 Results: Melt N Mellow Emerges as Key Growth Driver, Tripling Sales Year-on-Year​

Mumbai - August 11, 2026 - Krishival Foods Limited, a fast-growing Indian FMCG company operating across dry fruits and ice cream through its brands Krishival Nuts and Melt N Mellow, has announced its unaudited financial results for the quarter ending June 30, 2026. The Company delivered a steady performance in Q1 FY27, underpinned by strong demand and expanded distribution across its product categories.

The annual growth narrative was highlighted by the rapid ascent of Melt N Mellow, which saw its sales more than triple year-on-year. Overall, Krishival Foods reported significant increases in revenue and profit for the quarter.

Key Financial Highlights​

The performance metrics for Q1 FY27 demonstrated robust top-line and bottom-line growth:

Dual-Engine Growth Strategy Confirmed​

Commenting on the results, Mr. Sujit Bangar, Chairman & Whole Time Director, stated that FY27 started strongly, with Melt N Mellow standing out as a critical growth driver. He noted that Q1 is seasonally favorable for the ice cream business and that the quarter reflected the scale at which the business is expanding, with the ice cream segment's revenue already surpassing 50% of the total revenue generated by the business in the previous financial year.

Mr. Bangar further explained that the two businesses—Krishival Nuts and Melt N Mellow—operate with complementary seasonality, which aids in balancing the company’s revenue profile throughout the year while improving working capital management. He confirmed that the strategy focuses on a dual-engine FMCG model: Krishival Nuts providing a stable cash generation foundation, complemented by Melt N Mellow as the high growth engine. The management remains focused on achieving strong growth objectives through capacity expansion, deepening distribution networks, and product innovation across both segments.

Segment Performance Deep Dive​

Melt N Mellow (Ice Cream)
The ice cream segment experienced explosive growth in Q1 FY27. Revenue stood at ₹51.57 crore, representing a more than tripling of sales year-on-year. EBITDA increased significantly to ₹5.18 crore, nearly nine fold YoY, while the EBITDA margin improved to 10.05%, marking a rise of 634 basis points (bps) over the previous year. The segment continues its expansion of retail footprint and cold chain infrastructure, driven by strong summer demand.

Krishival Nuts (Nuts & Dried Fruits)
The nuts segment also showed solid performance, with revenue reaching ₹37.38 crore, up 10% YoY. EBITDA increased by 4.78% YoY to ₹6.82 crore, maintaining a healthy EBITDA margin of 18.24%. This business continues to benefit from its expanding B2B presence and retail footprint across diversified products.

Operational Milestones and Future Outlook​

Krishival Foods reported several significant operational advancements during Q1 FY27:

• Product Launches: A total of 13 new products were launched, comprising six Nuts varieties and seven Ice Cream launches.
• Infrastructure Expansion: As of June 30, 2026, the company had deployed over 17,280 deep freezers across retail points, adding 1,780 freezers during Q1 FY27, primarily in Andhra Pradesh.
• Distribution Reach: Melt N Mellow reached over 34,200 retail touchpoints, while Krishival Nuts maintained a presence in over 11,000 retail touchpoints. The company expanded its Melt N Mellow distribution network to include over 120 distributors, maintaining a 95% retention rate.
• Geographic Expansion: For Melt N Mellow, the company entered Andhra Pradesh through three CNF locations covering Rayalaseema, Vijayawada, and Visakhapatnam. Krishival Nuts maintained its presence across more than 300 towns and places, and its Singapore operations expanded to over 300 retail touchpoints.

Looking forward, strategic priorities include expanding the distribution footprint into Tier II and Tier III markets, scaling up presence on modern trade and quick-commerce platforms, and strengthening export capabilities across Singapore, the United States, and Japan. The company also plans to launch 25 FOCO (For Own Consumption) ice cream outlets of 'Mellow & Co' in FY27, with the first outlet anticipated in September 2026.

KRISHIVAL Stock Price Movement​

On Tuesday, shares of Krishival Foods Limited edged higher to close at ₹402.15, rising 1.81%. The equity traded a volume of 13,910 shares during the session.