Apex Frozen Foods Limited — Investor Meet, 21-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Apex Foods reports strong Q2/H1 FY26 results. Q2 revenue rose 19% to INR 238 Cr, with PAT at INR 12 Cr (from a loss). H1 revenue grew 29% to INR 497 Cr, PAT up 877% to INR 21 Cr. Gross and EBITDA margins improved significantly. Debt reduced to INR 41 Cr. Diversification is key: Non-U.S. business now 56% of Q2 sales, showing strong EU growth. New markets like Australia and Russia are opening. While U.S. tariffs impact volumes, customer absorption maintains viability. Management targets 10-12% EBITDA margins, driven by value-added products and increased capacity utilization. Confident on future trade deals.