ADF Foods Ltd
NSE:ADFFOODS
ADF Foods Ltd
ADF Foods Ltd. is a holding company, which engages in the manufacture and sale of processed foods. The company is headquartered in Mumbai, Maharashtra and currently employs 332 full-time employees. The firm's product portfolio includes ready-to-eat food, ready-to-cook food, frozen food, frozen vegetables, cooking pastes, and food accompaniments, such as pickles, sauces and chutneys. The firm's portfolio of brands includes Ashoka, Truly Indian, Camel, Aeroplane, ADF Soul, Nate’s, and PJ’s Organics. The firm's Meal Accompaniment products include Dipping Sauces, such as twisty tamarind, tango mango, spicy schezwan, and chatpata achari. Its Chutneys in olive oil products include coriander chutney, mint chutney, pani puri concentrate, sandwich chutney, and tamarind chutney. The company also provides Pickles in Olive Oil, Traditional Pickles, and Mango Chutneys. The firm's Frozen products include Frozen samosas, Frozen Kathi rolls, Frozen dosa wraps, Frozen snacks and Ponk. The firm also provides baked snacks and flavored milk drinks.
ADF Foods Ltd. is a holding company, which engages in the manufacture and sale of processed foods. The company is headquartered in Mumbai, Maharashtra and currently employs 332 full-time employees. The firm's product portfolio includes ready-to-eat food, ready-to-cook food, frozen food, frozen vegetables, cooking pastes, and food accompaniments, such as pickles, sauces and chutneys. The firm's portfolio of brands includes Ashoka, Truly Indian, Camel, Aeroplane, ADF Soul, Nate’s, and PJ’s Organics. The firm's Meal Accompaniment products include Dipping Sauces, such as twisty tamarind, tango mango, spicy schezwan, and chatpata achari. Its Chutneys in olive oil products include coriander chutney, mint chutney, pani puri concentrate, sandwich chutney, and tamarind chutney. The company also provides Pickles in Olive Oil, Traditional Pickles, and Mango Chutneys. The firm's Frozen products include Frozen samosas, Frozen Kathi rolls, Frozen dosa wraps, Frozen snacks and Ponk. The firm also provides baked snacks and flavored milk drinks.
Record Revenue: ADF Foods delivered all-time high consolidated Q3 revenue of INR 191 crores, up 29.5% year-on-year and 17.5% quarter-on-quarter.
Profit Growth: Consolidated PAT (excluding exceptional items) rose 55.7% YoY to INR 29.2 crores, with a PAT margin of 15.3%.
Margin Performance: Consolidated EBITDA margin was 19.4%, up 150 bps YoY, though down 260 bps QoQ due to subsidiary mix.
Capacity Expansion: Surat greenfield plant completed pilot runs; phase 1 to be operational by Q4 FY26, supporting new frozen product lines.
Brand Momentum: Both Ashoka and Truly Indian brands continued strong growth, with Truly Indian seeing significant ramp-up in US retail chains.
Positive Demand Outlook: Robust demand persisted despite tariff headwinds, especially in US and Europe; management expects strength to continue as tariffs ease.
