Mumbai, May 19, 2025
Foods & Inns Ltd has reported its audited financial results for the quarter and full year ended March 31, 2025. The company posted a standalone net profit of ₹4,433.60 lakh for FY25, marking a 20.8% YoY increase from ₹3,670.50 lakh in FY24. The board recommended a dividend of 30% (₹0.30 per share) for the fiscal year.
Key Financial Highlights (Standalone)
| Particulars | Q4 FY25 | Q4 FY24 | YoY % | FY25 | FY24 | YoY % |
|---|---|---|---|---|---|---|
| Revenue from Operations (₹ lakh) | 39,320.69 | 33,986.82 | 15.7% | 97,291.93 | 99,731.33 | -2.4% |
| Total Income (₹ lakh) | 39,621.69 | 34,261.97 | 15.6% | 98,688.32 | 1,00,505.43 | -1.8% |
| EBITDA (Approx, Operating Profit) | 5,621.31 | 4,021.42 | 39.8% | 11,046.91 | 11,052.87 | - |
| Net Profit (₹ lakh) | 2,427.25 | 513.96 | 372% | 4,433.60 | 3,670.50 | 20.8% |
| EPS (₹) – Basic | 3.31 | 0.91 | - | 6.33 | 6.82 | -7.2% |
| Total Assets (₹ lakh) | 1,28,503.71 | 1,01,851.68 | 26.2% |
Key Financial Highlights (Consolidated)
| Particulars | Q4 FY25 | Q4 FY24 | YoY % | FY25 | FY24 | YoY % |
|---|---|---|---|---|---|---|
| Revenue from Operations (₹ lakh) | 39,733.38 | 34,522.20 | 15.1% | 99,207.72 | 1,02,013.10 | -2.8% |
| Total Income (₹ lakh) | 40,011.06 | 34,803.89 | 15.0% | 1,00,461.69 | 1,02,683.01 | -2.2% |
| Net Profit (₹ lakh) | 2,292.84 | 522.57 | 338.8% | 4,192.36 | 3,672.05 | 14.2% |
| EPS (₹) – Basic | 3.08 | 0.93 | - | 5.92 | 6.82 | -13.2% |
Segment Performance & Business Updates
Fruit & Vegetable Pulps
- Domestic sales rebounded strongly in Q4 FY25, supported by steady customer demand and lower raw material prices.
- The tomato season ended successfully, while mango varieties showed promise, enabling robust FY26 supply planning.
Spray Dried Powders
- Full capacity utilization reported; the company plans to add a mid-size plant to meet surging demand.
Frozen Foods
- The frozen food vertical posted 35% YoY growth in FY25, backed by capacity expansion at the Vankal, Gujarat greenfield facility.
Kusum Spices
- A decline in tender-based institutional sales was partially offset by growth in general trade sales.
Tetra Recart & New Initiatives
- First export order to Finland completed; discussions underway with Canadian clients.
- MasterChef onboarded to co-develop Ready-to-Eat (RTE) products for global markets.
Strategic and Regulatory Developments
- Dividend: Final dividend of ₹0.30/share declared for FY25.
- PLI Incentives: Sanctioned ₹25.08 crore under PLI for FY24. Dues for FY22 and FY23 remain pending.
- Cold Chain Subsidy: Awaiting disbursement of ₹3.37 crore under government’s cold chain scheme.
- ICD Approval: Board approved up to ₹10 crore as Inter-Corporate Deposit (ICD) for wholly owned subsidiary Udhyaan Agroproduct & Trading Pvt. Ltd.
- NHB Cluster Development: Application submitted under National Horticulture Board’s Cluster Development Programme.
Balance Sheet & Cash Position
- Total assets rose to ₹1,28,503.71 lakh in FY25 from ₹1,01,851.68 lakh in FY24.
- Total debt stood at ₹40,329.54 lakh as of March 31, 2025, with no defaults reported.
- Cash and cash equivalents remained negative due to bank overdraft facility: ₹(13,665.87) lakh (standalone).
Management Commentary
Outlook
Foods & Inns remains optimistic about FY26, with strategic focus on:- Expanding high-margin frozen foods and spray-dried categories
- Export diversification
- Operational scale-up supported by government subsidies and cluster development initiatives