ADF Foods Limited — Investor Meet, 20-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

ADF Foods reported FY25 consolidated revenue of INR 590 Cr, up 13.3% YoY, with EBITDA at INR 98.3 Cr (16.7% margin) and PAT of INR 69.2 Cr (11.7% margin). Standalone revenue grew 15.5% to INR 478.4 Cr, while EBITDA rose 3.1% at INR 105.2 Cr (22% margin). Q4 saw moderate growth but margin pressure from higher input costs, partly offset by cost controls.

Management plans US restructuring to revive mid-teens growth for Ashoka; Truly Indian brand grew 4x YoY aided by wider retail presence. Surat facility expansion targets H2 FY26 commissioning. Full US distribution rights and a moderate tariff impact are expected to support organic growth. The company aims for INR 1,000 Cr revenue by FY27 with high teens EBITDA margins, backed by ~INR 150 Cr capex over two years and a net debt-free balance sheet.