Revised outcome of the Board Meeting held on 29th May, 2026.
Awaiting price reaction for this filing.
Nagarjuna Agri Tech Limited reported audited standalone results for FY2026 with revenue of Rs 5,160.99 lakhs (vs Rs 0.61 lakhs in FY2025, extremely low base), profit after tax of Rs 156.89 lakhs (vs Rs 7.99 lakhs), and EPS of Rs 1.56. The company received an unmodified (clean) audit opinion from Agarwal Khetan & Co. The Board approved extensions for three food sector acquisitions: Kathleen Confectioners and Kathleen Food Private Limited (up to Rs 15 Crores), Rafflesia Confectionary (up to Rs 3 Crores), and 60% stake in Aarinii Gourmet LLP (up to Rs 3.75 Crores), all to be completed by September 2026. During the quarter, the company issued 2.12 crore equity shares at Rs 68 per share via preferential allotment. Exceptional item of Rs 17.15 lakhs relates to land written off. The company also acquired Allenby Food & Beverages Private Limited as a new subsidiary on March 20, 2026.
The massive revenue increase reflects the company's aggressive expansion strategy and new acquisitions. However, negative operating cash flow of Rs 537.48 lakhs raises concerns about cash management. The multiple food sector acquisitions signal a diversification away from traditional agri-tech into FMCG/retail, which carries execution risk but offers growth potential.