NHC Foods shares surged 5% to ₹1.30 following exceptional Q1 FY27 results that demonstrated remarkable growth across key financial metrics. According to reports from Live Mint, Moneycontrol, and Investing.com India, the company's consolidated revenue from operations jumped 234.54% YoY to ₹369.69 crore, compared with ₹110.51 crore in Q1 FY26. The strong performance was underpinned by significant improvements in profitability, with EBITDA growing 512.43% YoY to ₹21.29 crore from ₹3.48 crore in the previous year. Consolidated profit reached ₹16.99 crore, representing a substantial 919.81% YoY increase from ₹1.67 crore in Q1 FY26, while basic EPS improved to ₹0.26 per share from ₹0.03 per share in the corresponding quarter last year. On a Trailing Twelve Months (TTM) basis, NHC Foods reported revenue of around ₹860 crore compared to ₹601 crore sequentially (+43.09%) and ₹385 crore yearly (+123.04%), with core EPS at ₹0.38 versus ₹0.21 sequentially and ₹0.17 yearly.
Speaking on the quarterly results, Satyam Shirishchandra Joshi, Managing Director, expressed satisfaction with the strong performance marked by significant growth in revenue and operating profitability. As reported by Live Mint, Moneycontrol, and Investing.com India, Joshi highlighted that the quarter reflects continued momentum across business operations, supported by improved scale and execution. The management remains focused on strengthening the product portfolio, expanding domestic and international market presence, and enhancing operational efficiencies to deliver sustainable growth and create long-term value for stakeholders. According to Moneycontrol, the Mumbai-based company, which is a government-approved export house engaged in agricultural commodities trading and food processing businesses, is pleased with the strong performance in Q1FY27.
In a significant strategic development, the Board approved and signed a Letter of Intent for the proposed investment in and acquisition of Agriconnect Solutions Private Limited, which is engaged in the supply and trading of agri-commodities. According to Live Mint, this proposed transaction represents an opportunity for the company to expand its presence in the agri-commodities segment and further diversify its business operations. The investment aligns with the company's strategy to strengthen its capital base and explore new growth avenues in the agricultural commodities sector. As reported by Investing.com India, due diligence is currently underway for the Agriconnect acquisition, with the company targeting structural improvement across key financial performance metrics. The proposed acquisition of Agriconnect Solutions Private Limited, which reported turnover of ₹117.57 crore in FY25, represents a significant expansion opportunity for the company.
The company recently strengthened its capital base through the allotment of 1,041,770,400 fully paid-up equity shares to Global Focus Fund upon the partial conversion of 11 FCCBs, aggregating to USD 11 lakh. As reported by Live Mint, following the conversion, the company's paid-up equity share capital increased to ₹76.19 crore. This capital enhancement provides a stronger foundation for the company's expansion plans and strategic investments in the agri-commodities sector. According to Investing.com India, the company completed the 100% acquisition of Hong Kong-based Conquer Enterprises Limited by its Dubai subsidiary in March 2026, bringing in a trading platform with substantial prior turnover in metals, steel, and agro-commodities. The company also issued USD 27 million FCCBs (1.5% coupon, due 2031) in May 2026 to fund expansion and reduce debt, with the paid-up equity capital projected to reach ₹256.12 crore by FY30 through systematic execution of remaining warrant pools.
For the full financial year FY26, NHC Foods reported consolidated net profit of ₹12.32 crore with revenue from operations at ₹601.31 crore, representing a 72.85% YoY growth from ₹347.88 crore in FY25. According to Live Mint, EBITDA for FY26 stood at ₹21.95 crore, compared with ₹16.42 crore in FY25, registering a 33.68% YoY growth, while basic EPS stood at ₹0.20 per share. The strong Q1 FY27 performance builds on this solid foundation and demonstrates continued momentum in the company's business operations. As reported by Investing.com India, the company's current market capitalization stands at ₹99 crore with the stock trading at a trailing P/E multiple of 6.6x to 12.99x, which sits well below the average trailing P/E of 18x seen across the broader Indian food industry. The company's current book value stands at ₹2.72 per share.
