Adf Foods Limited · NSE:ADFFOODS
Adf Foods — Q1 FY26 Earnings Presentation
37 slides from Adf Foods's earnings presentation, Jul 30, 2025
Slide 1: Exchange filing cover letter
30th July, 2025 AtJr F O ODS LT D. 'Jeedi_,Uf dw wodd.. National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Department of Corporate Services, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Mumbai - 400 051. Mumbai - 400 001. Symbol: ADFFOODS Scrip Co
Slide 2: Investor Presentation Q1 FY26
ADF Foods Ltd FOODS l TD. CJeedinry t/ie, w-0dd.. Investor Presentation Q1 FY26 July 2025 1
Slide 3: Safe Harbor
Safe Harbor ~ I FOODS LTD. Ml119 th,wodd. . This presentation and th,e accompanying slid,es (the "Pres,entatwon"), which have be,en preparied by ADF FOODS LTD (tihe "Company'),. have been prepared solely £or information purposes and do not constitute any offer~recommendation or invitation to purchas
Slide 4: Contents
Contents 01 Company Overview 02 Q1 FY26 Performance 03 Business Overview 04 ESG ADF 05 Our Growth Aspirations SC®UL March 2023 06 Annual Performance Highlights 3
Slide 5: Company Overview
FOODS LTD. Ml119 th,wodd. . Company Overview 4
Slide 6: ADF Snapshot
ADF Snapshot I Leading manufacturer of Cutting-edge Manufacturing & A Culinary Powerhouse with diverse prepared ethnic food Wide-reaching Distribution products 9-decade Vintage with origins dating back to 1932 Cutting-edge 400+ Product SKUs 2 Manufacturing Facilities Leading Manufacturer & Supplier
Slide 7: Q1 FY26 Performance
FOODS LTD. Ml119 th,wodd. . Q1 FY26 Performance 6
Slide 8: Q1 FY26 Business Update (Consolidated)
IQ1 FY26 Business Update (Consolidated) ~ - - - - - - - - - - - - - - - - - - - - ~ ~ OS LTD. t..Jl119th,wodd. . Steady Revenue Expansion in Q1 FY26 INR 132.9 Crores INR 23.5 Crores INR 15.2 Crores Q1 Revenue from Operations EBITDA PAT FY26 9.3% YoY Margin 17.7% Margin 11.5% Revenue from operation
Slide 9: Q1 FY26 Financial Performance
Q1 FY26 Financial Performance Standalone Performance Revenue from Operations (Rs. Cr.) EBITDA (Rs. Cr.) & EBITDA Margin (%) PAT (Rs. Cr.) & PAT Margin (%) 23.4% 21.7% 22.4% 17.7% 16.0% 16.9% 134.6 97.0 100.3 29.3 21.5 22.8 22.5 17.1 17.0 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY2
Slide 10: Segment Performance
Segment Performance I Processed Foods Distribution Revenue from Operations (Rs. Cr.) Revenue from Operations (Rs. Cr.) 139.9 19.2 20.7 18.4 112.2 103.3 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 ----------------------------------------------------------------------------.-----------------------
Slide 11: Business Overview
FOODS LTD. Ml119 th,wodd. . Business Overview 10
Slide 12: Business Divisions
I Business Divisions Business comprises core manufacturing i.e., processed foods business and agency distribution business. FOODS LTD. Ml119 th,wodd. . 2 Core Revenue Segments (Divisions) 1. Processed Foods 2. Distribution One of the largest Indian exporters of processed foods Strong presence in US
Slide 13: Ashoka: ADF Foods' Flagship Brand
Ashoka: ADF Foods' Flagship Brand I The Taste of Home for South Asian Diaspora Reinforcing Indian Heritage and Pioneering Growth I ~I Born in 1988, Ashoka quickly gained momentum as ADF Foods' flagship brand catering 1.~ WWW I to Indian palates globally. Ashoka Brand Sales (Rs. Cr.) ... __,,, ....
Slide 14: Ashoka: Bringing Authentic Indian Taste Abroad
Ashoka: Bringing Authentic Indian Taste Abroad I A Journey through India's Culinary Landscape FOODS LTD. Ml119 th,wodd. . PUNJABI SAMOSA 13
Slide 15: Ashoka: Marketing Initiatives
Ashoka: Marketing Initiatives FOODS LTD. Branding and on ground activation on flagship brand Ashoka 14
Slide 16: Ashoka: Marketing Initiatives
Ashoka: Marketing Initiatives I FOODS LTD. Ml119 th,wodd. . Ashoka Ad Campaigns on IPL 2025 .______ _ _I I.______ _______. Presence on TV & Digital News Channels Increased Presence on Social Media @ Web Stof1es ······-·· - ~:::::: ·, .. II <lo - .. . ,----- 15
Slide 17: Truly Indian: Unlocking Global Markets With Authentic Indian Flavours
Truly Indian: Unlocking Global Markets With Authentic Indian Flavours ~ I Bridging Cultures with Authentic Indian Taste FOODS LTD. t..Jl119 th,wodd.. Target Audience: Sales & Distribution Channels: Sold through mainstream/modern trade stores, bolstering its presence Exclusively targeted at the g
Slide 18: Truly Indian: Marketing Initiatives
Truly Indian: Marketing Initiatives ~ FOODS LTD. Ml119 th,wodd. . Unveiling the new branding at the Summer Fancy Food Show, NYC 17
Slide 19: ADF Soul: Delicious, better-for-you packaged food products
ADF Soul: Delicious, “better-for-you” packaged food products Target Audience: SKUs: Urban audience, residing in metropolitan cities, aged 30-55 years 22 SKUs of pickles (in Olive Oil & Sunflower Oil) and chutneys Health conscious and have high disposable incomes 6 SKUs of dips 5 SKUs of fr
Slide 20: ADF Soul: Marketing Initiatives
ADF Soul: Marketing Initiatives Building customer base through digital Online community building through social media, On-Ground Brand Activation marketing using engaging content PLAY LIKE A CHAMPION. EAT LIKE A CHAMPION. zcz.pto Su,-r s.v,., S<®UL Brand ., Ty~ ., .tu. Zepto c.,,1., H andmade with L
Slide 21: Camel & Aeroplane: Our Other Esteemed Brands
Camel & Aeroplane: Our Other Esteemed Brands ~ I F OO DS LTD. Ml119 th,wodd. . Delighting Arabic Consumers for over 5 decades For Value-Seeking Middle Eastern Consumers Premium brand targeted at Arab audience Value for money brand targeted at Target Audience quality - conscious expat audiences in
Slide 22: Product Portfolio
Product Portfolio ~ I Select Key Products FOODS LTD. Ml119 th,wodd. . Ready-to-eat & Ready- Frozen Products Food Accompaniments Spices & Others to-cook Frozen snacks, Baked snacks Ready to eat vegetables & curries Pickles Spices- madras curry powder, Frozen Parathas & samosas Ready to ea
Slide 23: Manufacturing Facilities
Manufacturing Facilities I FOODS LTD. Ml119 th,wodd. . Plant 1 Nadiad, Gujarat Plant 2 Nasik, Maharashtra Total Built up area - ~26,000 Sqm* Total Built up area – ~12,000 Sqm* Frozen foods (Samosas, vegetables, snacks, parathas, Totally automated spice processing unit by Buhler, etc.); Meal
Slide 24: Ongoing CAPEX – Surat Greenfield expansion
Ongoing CAPEX – Surat Greenfield expansion (Current Status) FOODS LTD. t..Jl119 th,wodd. . Expansion of the Greenfield facility progressing actively, expected to commence operations in H2 FY26. 23
Slide 25: Quality Control & Certifications
Quality Control & Certifications ~ I Quality control certifications and processes ensure high standards and excellence in our industry FOODS LTD. Ml119 th,wodd. . Sede~ ssat SMETA~• 0 UKAS PRODUCT Food Safety CERTIFICATION CERTIFICATED ODDS 24
Slide 26: Warehousing Facilities
Warehousing Facilities Cold storage facility in New Jersey, USA Warehousing and Distribution Facilities • Combined area of 100,000 sq. ft for warehousing and distributing operations shared among two warehouses in Atlanta and New Jersey (NJ). • Enhanced capabilities through the establishment of a new
Slide 27: Distribution Business
Distribution Business I FOODS LTD. Ml119 th,wodd. . Distribution Business ➢ Alongside the processed food business, ADF Foods has undertaken the agency distribution for a select FMCG company products whose ROCE is in line with own brands, broadening the overall portfolio ➢ Nationwide presence in USA,
Slide 28: ESG
FOODS LTD. Ml119 th,wodd. . ESG 27
Slide 29: Creating a Sustainable Future
Creating a Sustainable Future Sustained Renewable Growth in Renewable Water Efficiency & Air Quality and Waste Power Management Energy Consumption Circularity Reduction 550-kW solar plant Significant Growth in Renewables ZLD Excellence Reduced NOx Emissions Nasik facility continues to draw energy fr
Slide 30: Governed by experienced Board Of Directors
Governed by experienced Board Of Directors ~ I FOODS LTD. Ml119 th,wodd. . Bimal Thakkar Viren Merchant Jay Mehta Ameet Hariani Chairman, Managing Director and CEO Non-Executive Director Non-Executive Director Independent Director ➢ 40+ years of experience in domestic and export ➢ 40+ years of exper
Slide 31: Organisation Chart
Organisation Chart I CMD Sales and Manufacturing India Support Marketing operations Business Functions Senior Vice President USA Business 11 Country / Sales Managers Director Operations Domestic Head CFO l GM – Sales & Strategy Canada : 1 Vice President Marketing Head Manufacturing CS, VP - Legal &
Slide 32: Our Growth Aspirations
FOODS LTD. Ml119 th,wodd. . Our Growth Aspirations 31
Slide 33: Key Growth drivers
IKey Growth drivers L _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ~ FOODS LTD. Ml119th,wodd. . Potential to reach Rs. 1,000+ crores in FY27 Continuous & Strategic Brand Investments 1,000+ + Strengthening market presence through deeper penetration and enhanced shelf space across all brands. 100+ + ~180 +
Slide 34: Annual Performance Highlights
FOODS LTD. Ml119 th,wodd. . Annual Performance Highlights 33
Slide 35: Consolidated 4-year Financial Highlights
IConsolidated 4-year Financial Highlights ~ - - - - - - - - - - - - - - - - - - - - ~ ~ OS LTD. t..Jl119th,wodd. . Particulars (INR crores unless stated) FY22 FY23 FY24 FY25 Profit & Loss Highlights Revenue from Operations 421.2 450.3 520.3 589.6 Gross Profit 211.5 235.9 276.2 341.4 Gross Profit (%)
Slide 36: Consistent Shareholder Returns
IConsistent Shareholder Returns ~ - - - - - - - - - - - - - - - - - - - - ~ ~ OS LTD. Ml119th,wodd. . Value creation for Consistent shareholder value creation through dividend payouts and buyback of shares shareholders Rs. ~132 Cr. returned to our shareholders since FY 19 43.9 30.0 13.2 13.2* 8.8 11
Slide 37: ADF Foods Limited contact details
f ADF Foods Limited Ernst & Young LLP CIN: L15400GJ1990PLC014265 Investor Relations Advisory Mr. Shardul Doshi, CFO Ravi Udeshi Sumedh Desai shardul@adf-foods.com ravi.udeshi@in.ey.com Sumedh.desai@in.ey.com I 36