Foods & Inns Limited — Investor Meet, 29-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates
Foods & Inns Ltd. has announced a board meeting to discuss the financial results for the quarter and half-year. The company reported Rs. 25.08 Cr in PLI incentives for FY’23-24, expecting Rs. 33 Cr for FY’25. Mango pulping volumes are set to grow ~15% in FY’26, with tomato pulping revenue forecast at Rs. 70-90 Cr. Spray drying sales may rise to Rs. 30+ Cr, and Kusum brand targets 30-40% growth despite losing a tender client. Frozen foods grew 35% in FY’25, aiming for similar growth. Exports of Tetra Recart began, with Rs. 6 Cr expected in FY’26. Margin pressure expected initially due to higher raw material costs, improving by Q4. CAPEX planned under Rs. 10 Cr versus Rs. 57 Cr last year. Management is focused on execution, capacity expansion, and innovation with cautious optimism.
