Foods & Inns Ltd. · NSE:FOODSIN
Foods & Inns — Q2 FY26 Earnings Presentation
42 slides from Foods & Inns's earnings presentation, November 2025
Slide 1: Investor Presentation - November 2025
Investor Presentation - November 2025
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Foods & Inns (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and s
Slide 3: Table Of Content
Table Of Content Q2 & H1FY26 Highlights Business Verticals Company Overview Sustainable Agricultural Initiatives 3
Slide 4: Q2 & H1FY26 Highlights
Q2 & H1FY26 Highlights
Slide 5: Key Business Updates
Key Business Updates • Mango Procurement: The export market outlook is highly promising with demand from new customers. India’s processed mango pulp has become price-competitive against Fruit & Mexico this year due to lower Totapuri prices. Early indications from our contracted customers suggest str
Slide 6: Operational & Financial Highlights
Operational & Financial Highlights Sales Tonnage (MT) Total Income (Rs Cr) Gross Profit (Rs Cr) & Margin (%) EBITDA (Rs Cr) & Margin (%) Q2FY26 26% 14% 19% -22% Business Highlights 16,49 20,737 4 41% 42% 8,551 • Forex Loss: 15% Q1FY26 6,090 10% Q2FY26 195 82 During the quarter, we 12,18 171 10,40 69
Slide 7: Consolidated Profit & Loss
Consolidated Profit & Loss Consolidated (Rs Cr) Q2FY26 Q2FY25 YoY Q1FY26 QoQ H1FY26 H1FY25 YoY Revenue from Operations 193 169 236 429 416 Other Income 3 2 2 4 6 Total Income 195 171 14% 238 -18% 433 422 3% Raw Material Costs 111 100 144 255 254 Gross Profit 82 69 19% 92 -11% 174 162 7% Gross Margin
Slide 8: Balance Sheet Highlights
Balance Sheet Highlights Liabilities (Rs Cr) Mar-25 Sept-25 Assets (Rs Cr) Mar-25 Sept-25 Total Equity 539 545 Non-Current Assets 361 360 Share Capital 7 7 Plant, Property & Equipment 301 307 Other Equity 532 537 Right of use of Assets 12 12 Non-Current Liabilities 86 72 Borrowings 65 52 Capital WIP
Slide 9: In-Store Placement of Green Top Products
In-Store Placement of Green Top Products Spesa Store, Mohali RLCR Store, Chandigarh Singla Stores Sector 47 , Chandigarh Punjab Stores 9
Slide 10: In-Store Placement of Kusum Products
In-Store Placement of Kusum Products 10
Slide 11: World Food India 2025
World Food India 2025 11
Slide 12: Key Focus Area For Growth
Key Focus Area For Growth Pulping Restructured Market Sustainability Theorem Brand Portfolio Expansion • Continued focus on • Focus on growing brand sales in • Continuously adding newer • The Pectin Project: Invested and set up capitalizing on the growing each of the segments, with geographies, newe
Slide 13: Foods & Inns Positioning in its Business Segment (1/2)
Foods & Inns Positioning in its Business Segment (1/2) India’s Share in F&I’s Share in F&I’s Sales Global Industry Size Tailwinds Global Industry Global Industry in FY25 5,08,000 MT Use cases increasing with Value Added Mango Pulping 79-80% ~15% ~Rs 735 Cr (Rs 5,250 Cr) products being developed by B
Slide 14: Foods & Inns Positioning in its Business Segment (2/2)
Foods & Inns Positioning in its Business Segment (2/2) Industry Size (India) F&I’s Sales in FY25 Tailwinds $83.9 Bn by 2032 Opportunity for India due to the energy crisis in Spray Drying Projected to expand at a CAGR of 4.25% from ~ Rs 21 Cr Europe 2024 to 2032. (Global market) Increasing number of
Slide 15: Business Verticals
Business Verticals
Slide 16: Vertical Wise Revenue Contribution (FY25)
Vertical Wise Revenue Contribution (FY25) Fruits & Vegetable Spray Drying Frozen Foods Spices & Pectin Tetra Recart RTE/RTC Pulping Masala (Rs 21 Cr) (Rs 68 Cr) (Rs ~1 Cr) Beyond Mango (Rs 815 Cr) (Rs 21 Cr) • Mango • Any liquid form of • Fruits • In FY19, acquired • Sustainable carton • Invested an
Slide 17: Fruits And Vegetable Pulping
Fruits And Vegetable Pulping Mango Pulp: A well-established business which involves processing a wide variety of mangoes like Alphonso, Kesar, Totapuri, etc. Strong relationships with farmers help us in smooth procurement. Healthy and long-standing relationships with Marquee Customers like Coca-Cola
Slide 18: Spray Drying
Spray Drying Food Preservation Technique: Product List / Categories Converts fruits & vegetables from Liquid form to high-quality Powder form, having low moisture content. It is majorly a B2B product. Vegetable Powders Fruit Powders Natural Color Advantage: Enhances shelf-life to ~24 months and allo
Slide 19: Frozen Food
Frozen Food Our Offerings: Product List / Categories Wide range of premium frozen fruits, vegetables, snacks, and flatbreads made with high-quality, contract-grown ingredients that are frozen using advanced IQF technology. We cater to global brands and large-format modern retail through private labe
Slide 20: Spices & Masala
Spices & Masala Kusum Spices: Product List / Categories In FY19, we acquired Kusum Spices to gain a foothold in India’s large and growing Spices Market. Company has a legacy of over 50 yrs of selling Indian Spices in domestic & export of USFDA approved products to 12 GROUND WHOLE countries including
Slide 21: Pectin
Pectin Pectin Project: Sustainable Waste Management: ▪ We have set up a Pectin manufacturing facility in Chittoor, Andhra Pradesh, which is the largest Mango Pulping belt in India. ▪ The lab test results of the Pectin produced by our Company has already been approved by some large MNCs and Indian co
Slide 22: Tetra Recart
Tetra Recart Tetra Recart: Reimagining Packaging ▪ Tetra Recart is a sustainable carton packaging offering and an alternative to canning. It is environment-friendly and helps maximize the products’ potential while generating new business opportunities. Tetra Recart has lower carbon emissions than st
Slide 23: Company Overview
Company Overview
Slide 24: Foods & Inns at a Glance
Foods & Inns at a Glance Sales Mix (FY25) 50+ Years of Rich Experience & Expertise 13% 3% 50+ Countries Mango Pulp 5% Served Tomato Pulp Guava Pulp 30+ Variety of Products Other Verticals Processed 79% 7 Processing Units & Two Logistics Centers 600+ Full-time Employees Strength 24
Slide 25: Our Growth Story
Our Growth Story 1980 2000 2019 2023 2025 Acquisition of First company to Acquisition of branded Commissioned new Tetra Recart R&D and NPD fruit canning line introduce mono block spice company Kusum facility at Gujarat. Doubled Spray Lab approved by in Valsad, PLC and multi-tube Masala, foray into B
Slide 26: 7 State-of-the-Art Self Owned Facilities
7 State-of-the-Art Self Owned Facilities State Location Product Line Capacity (MT/Hr) Aseptic 13 Spray Drying 0.25 Nashik - Spice Plant Gonde Blending 1.5 Grinding 1 ETO 0.5 1. Maharashtra Frozen Vegetables 0.7 Frozen Snacks 0.5 Nashik - Frozen Bread 0.25 Sinnar Frozen Puree 2 Puff Pastry Sheets 0.1
Slide 27: Quality Control Certifications And Processes Act As Entry Barriers
Quality Control Certifications And Processes Act As Entry Barriers 27
Slide 28: Marquee Customers and Well-Diversified Market Presence
Marquee Customers and Well-Diversified Market Presence Market-Wise Revenue share in FY25 0.4% 0.5% 0.3% 4.0% 0.9% 2.5% 8.5% US Canada 5.2% UK Europe Middle East 12.0% India China Rest of Asia 6.0% New Zeland 59.8% Russia Australia 28
Slide 29: Experience Management With Oversight By Strong Board
Experience Management With Oversight By Strong Board Mr. Bhupendra Dalal Chairman & Non-Executive, Non-Independent Director Holds a degree of B.Com & L.L.B. worked towards acquisition of fruit canning plan at Valsad built by Coca-Cola Corporation. F&I changed its course to become a major force in fr
Slide 30: Sustainable Agricultural Initiatives
Sustainable Agricultural Initiatives
Slide 31: Sustainable Agricultural Initiatives
Sustainable Agricultural Initiatives Sustainable agriculture entails environmental protection, responsible farm management and human and workplace rights. We have run programs with the IDH (Sustainable Trade Initiative) of the Netherlands to help smallholder mango farmers produce more sustainably an
Slide 32: Sustainable Agriculture Initiative Program – Roots to Change
Sustainable Agriculture Initiative Program – Roots to Change START OF THE PROGRAM: 2011 • Emphasizing the significance of conserving soil and water for a healthier ecosystem. • F&I is dedicated to buying back 100% of the produce from farmers involved in the program while also Objectives improving th
Slide 33: Sustainable Agriculture Initiative Program – Roots to Change
Sustainable Agriculture Initiative Program – Roots to Change CHALLENGES ADDRESSED BY THE PROGRAM AREA OF OPERATION TOTAL AREA COVERED (HA) MAHARASHTRA • The socioeconomic conditions of the Ratnagiri, Raigad, Jalgaon, Nashik 7757.3 farmers. • Battling adverse climatic changes with old ANDHRA PRADESH
Slide 34: Program Impact -1
Program Impact -1 DESCRIPTION OF INTERVENTION/PROGRAM SDGS IMPACTED BY THE PROGRAM • F&I has carried out various customised sustainable projects • Conducted regular demonstrations and training programs and for sourcing sustainable produce for its international provided personal assistance to farmers
Slide 35: Program Impact -2
Program Impact -2 Monthly Farmer Support 8 Years of Equipment Support At Foods & Inns, our team of agronomists visits For the last 8 years, we have provided the farmers monthly and provides them with farmers with agricultural equipment to technical assistance and solutions, enhance their farming act
Slide 36: Case Study
Case Study Nisarg Cyclone Relief (2020) Soil Improvement and Regenerative Agriculture Initiatives (North Ratnagiri & South Raigad, District, Maharashtra) (Konkan, Dharwad, Valsad) • Challenges: Cyclone Nisarg devastated mango, orchids, • Challenges: Dealing with improving soil health, pest issues, e
Slide 37: Won Second Prize at Sustainable Agriculture Awards’24
Won Second Prize at Sustainable Agriculture Awards’24 37
Slide 38: Annexure
Annexure
Slide 39: Annual Profit & Loss
Annual Profit & Loss Consolidated (Rs Cr) FY21 FY22 FY23 FY24 FY25 4 YR CAGR (%) Revenue from Operations 371 632 996 1,020 992 Other Income 11 6 6 7 13 Total Income 381 639 1,002 1,027 1,005 27% Raw Material Costs 227 481 791 757 755 Changes in inventories 16 -69 -90 -46 -96 Purchases of Stock-in-Tr
Slide 40: Balance Sheet Highlights
Balance Sheet Highlights Liabilities (Rs Cr) Mar-22 Mar-23 Mar-24 Mar-25 Assets (Rs Cr) Mar-22 Mar-23 Mar-24 Mar-25 Total Equity 197 312 399 539 Non-Current Assets 211 256 308 361 Share Capital 5 5 6 7 Plant, Property & 111 156 232 301 Equipment Other Equity 192 307 393 532 Right of use of Assets 8
Slide 41: Share Price Information
Share Price Information Capital Market Information (as of 14th Nov-25) Shareholding Pattern (as on Sept-25) BSE/NSE Code 507552 | INE976E01023 Public 74% Promoters CMP (Rs) 80 25% Market Cap (Rs Cr) 580 Shares (#) 7,34,14,624 FII DII 0.1% Face Value (Rs) 1.00 1% 41
Slide 42: Let’s Connect
Let’s Connect Mr Anand Krishnan Chief Financial Officer Foods & Inns Ltd. Phone: +91 22 22613102 anand@foodsandinns.com Pooja Sharma / Suyash Samant Stellar IR Advisors Pvt. Ltd. Phone: +91 22 62398024 pooja.sharma@stellar-ir.com suyash@stellar-ir.com 42