Apex Frozen Foods Limited — PPTs, 14-08-2025: Investor Presentation

**1. Financial Highlights:**

Apex Frozen Foods reported robust Q1FY26 results. Net Revenue grew 39% YoY to Rs 258.2 Cr, driven by 17% volume and 19% realization growth. Gross Profit rose 47% YoY to Rs 87.9 Cr, with margins expanding to 33.7%. EBITDA increased 66% YoY to Rs 18.4 Cr (7.1% margin), and Profit After Tax surged 139% YoY to Rs 9.1 Cr (3.5% margin). Debt levels are prudently managed with Net Debt to Equity at 0.2x.

**2. Strategic Initiatives & Growth Drivers:**

The company is enhancing its product mix, with Ready-to-Eat (RTE) shrimp sales improving to 15% of total sales from 9% last year, supported by additional RTE capacity. Geographical diversification continues, with non-USA business now comprising ~45% of sales. Its integrated operations, from hatchery to processing, underpin growth.

**3. Business Developments:**

Apex Frozen Foods completed EU approval for its second processing facility, broadening market access.

**4. Market Position & Competitive Advantage:**

The company is a leading Indian exporter of processed shrimp, serving diverse global clients. Its competitive edge stems from well-integrated operations spanning hatcheries, farming, processing, and logistics, with strategic facility locations near ports and farms. Processing capacity of 34,240 MTPA offers significant headroom for expansion.

**5. Investor Implications:**

Strong Q1FY26 performance, coupled with strategic shifts towards high-value RTE products and market diversification, signals positive growth potential. Integrated operations provide a competitive edge. Investors should monitor execution risks such as global demand slowdowns, disease outbreaks, and volatile pricing in the sector.