Sundrop Brands Limited has informed the Exchange regarding Grant of 1,54,367 Options.
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Sundrop Brands Limited's Nomination and Remuneration Committee has granted 1,54,367 employee stock options under the ESOP Scheme 2024 at exercise prices of INR 636 per option (tenure-based) and INR 515 per option (performance-based). Additionally, 32,000 options granted earlier were forfeited. The company also reported strong financial results with standalone revenue from operations of Rs 882.17 crores for FY26, up 11% from Rs 792.95 crores in FY25. Standalone profit after tax stood at Rs 20.88 crores, a significant turnaround from a loss of Rs 110.72 crores in FY25 which included exceptional items of Rs 146.75 crores. Consolidated revenue was Rs 1,552.25 crores including contributions from Del Monte Foods Private Limited (acquired in February 2025). Auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results.
The company has returned to profitability after a loss-making FY25, driven by organic growth and the Del Monte acquisition. The ESOP grant aligns employee interests with shareholders. The clean audit opinion adds credibility to the reported numbers.