ADF Foods Limited has informed the Exchange about Transcript
ADFFOODS · price
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ADF Foods reported FY25 consolidated revenue of INR 590 crores, up 13.3% YoY, but consolidated EBITDA fell 6.3% YoY to INR 98.3 crores with margins contracting 350 bps to 16.7%, hit by raw material inflation, higher labor and freight costs, and ~INR 15 crores in brand-building investments. Q4 was weak with consolidated PAT down 34.4% YoY at INR 16.4 crores and EBITDA margin of 15.5%. Management guided for a recovery to high-teens EBITDA margins (around 18%+) and reaffirmed its FY27 revenue target of INR 1,000 crores, driven by Ashoka brand recovery in the US (guided at 20%+ growth), Truly Indian brand expansion (now in 1,400 US stores with 4x growth), and the new nationwide US distribution rights for Lipton teas. The company is net debt-free with INR 118 crores cash and plans INR 100 crores capex in FY26 for the Surat Greenfield facility, expected to commission in H2 FY26. Management stated the incoming 10% US tariffs will be partly absorbed internally and partly shared across the supply chain, with minimal pass-through to consumers.
The reaffirmed FY27 INR 1,000 crore revenue target and guidance for high-teens EBITDA margin recovery are positive forward-looking signals, but the FY25 margin contraction and sharp Q4 profit decline may weigh on near-term sentiment. The net debt-free balance sheet, strong cash position, and clear capex funding plan provide cushion to sustain brand investments and growth initiatives.