Foods & Inns Limited — Investor Meet, 04-06-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Foods & Inns faced Q4 FY26 headwinds from lower realizations due to raw material cost pass-through and Middle East geopolitical events. Management targets 18% volume growth for FY27. Frozen foods demonstrated robust 28% growth in FY26 and remains a key focus, aiming for INR 300-400 Cr revenue in 3-4 years. The company is expanding spray drying capacity, and Tetra Recart orders are growing, particularly in export markets. Pectin commercial production has commenced, with high gross margins anticipated. A significant FY25 PLI incentive of INR 33.86 Cr was received. Management prioritizes debt reduction and leveraging internal accruals for future expansion.