According to reports from CNBC TV18, Apex Frozen Food's shares hit the 20% upper circuit on Friday, August 14 after the company reported exceptional financial results for Q1FY27. The stock surged 20% to ₹441.20 on the NSE before paring some gains on profit booking and was trading 16% higher at ₹426.10 at the time of reporting. This represents a significant escalation from the previous strong performance, where the stock had delivered 50% returns on a year-to-date basis and over 77% returns in the past twelve months. The substantial price movement reflects strong investor confidence in the company's exceptional quarterly performance.
As reported by CNBC TV18, Apex Frozen Food announced exceptional financial results for Q1FY27, with net profit surging 144% to ₹22 crore compared to ₹9 crore in the corresponding quarter of the previous year. The company's strong quarterly performance has significantly boosted investor sentiment and contributed to the substantial share price appreciation observed in the market. According to the latest financial data, the company achieved total income of ₹259.31 crore in Q1FY27, representing a remarkable 50.78% quarter-on-quarter growth - the highest in the last three years. However, revenue from operations remained largely flat at ₹257 crore compared with ₹258 crore in the year-ago quarter, while sales declined marginally by 0.63% to ₹256.53 crore in the June 2026 quarter from ₹258.16 crore in the same quarter of the previous year.
Despite a marginal year-on-year decline, Apex Frozen Foods demonstrated strong sequential recovery with revenue from operations rising 53% sequentially from ₹168 crore in the March 2026 quarter. As per the latest financial data reported by CNBC TV18, this sequential improvement reflects the company's operational efficiency and market recovery momentum during the quarter. The company's ability to maintain revenue growth on a sequential basis while achieving significant year-on-year profit growth indicates strong operational leverage and effective cost management strategies during the quarter.
According to the latest market data, Apex Frozen Foods has a market capitalization of ₹1,313.28 crore and ranks 2nd within the Aquaculture sector. The stock's 52-week high of ₹514.50 and 52-week low of ₹208.74 indicate significant volatility, while the current trading price of ₹426.10 reflects strong investor confidence despite some profit booking. The company's PE ratio stands at 29.58 and PB ratio at 2.18, suggesting reasonable valuation levels given the strong growth trajectory and recent exceptional quarterly performance. The stock's performance on the upper circuit demonstrates strong institutional and retail investor interest in the company's growth prospects.
