Apex Frozen Foods Limited has informed the Exchange about Transcript

Apex Frozen Foods reported a strong Q1 FY26 with net revenue up 39% year-on-year to ₹258 crores, helped by 17% volume growth and a 19% rise in average realizations to ₹511 per kg. EBITDA grew 66% year-on-year to ₹18 crores and profit after tax surged 139% to around ₹10 crores, with gross margin improving to 34%. A key highlight was the long-awaited EU listing approval for the company's second facility in June 2025, which opens up ready-to-eat product sales in Europe and adds significant capacity headroom (plant utilization is still below 30%). Non-U.S. revenue share has climbed to 45% of total sales from 30% two years ago, with the EU (ex-UK) contributing 39% of the mix. Management flagged U.S. tariff uncertainty (50% total tariff) as a near-term risk that could moderate American orders, but highlighted a much stronger balance sheet with borrowings cut from ₹167 cr in FY22 to ₹73 cr in FY25.