Apex Frozen Foods Ltd. · NSE:APEX
Apex Frozen Foods — Q3 FY26 Earnings Presentation
22 slides from Apex Frozen Foods's earnings presentation, Feb 13, 2026
Slide 1: Cover letter to stock exchanges
3.160, Panasapoadu, Kakinade 533 005 = APEX Andhra Prodesh. Indic off +91 BB4 2383902 - 4 (3 lines) fox +91 BB4 2383905 - 6 cs@opexfrozenfoods.com CIN: L15490AP2012PLCOB00S7 Date: 13t February, 2026. To To The General Manager, The General Manager, Department of Corporate Services, Listing Department
Slide 2: Apex Frozen Foods Result Presentation Q3 & 9MFY26
Apex Frozen Foods Result Presentation Q3 & 9MFY26
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Apex Frozen Foods Ltd (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not f
Slide 4: Q3 & 9MFY26 Highlights
Q3 & 9MFY26 Highlights
Slide 5: Financial Highlights
Financial Highlights Net Revenue (Rs Mn) EBITDA (Rs Mn) & Margin (%) PAT (Rs Mn) & Margin (%) 15% 23% 147% 143% 1887% 1525% 6.9% 4.0% 6.5% 3.5% 3.8% 7,608 6,162 3.0% 534 0.2% 0.3% 311 2,643 173 220 101 2,307 70 5 19 Q3FY25 Q3FY26 9MFY25 9MFY26 Q3FY25 Q3FY26 9MFY25 9MFY26 Q3FY25 Q3FY26 9M
Slide 6: Operational Highlights
Operational Highlights Total Shrimp Sales (MT) Sales Mix (%) 5% 2% Others EU 5% 46% 9MFY26 8,184 8,373 2,903 USA 2,754 49% Q3FY25 Q3FY26 9MFY25 9MFY26 › Shrimp Sales (MT) to EU continued to grow with an increase of 22% YoY in Q3FY26 and 20% YoY in 9MFY26 › US sales which formed ~49% of our overa
Slide 7: Profit & Loss Highlights
Profit & Loss Highlights Particulars (Rs Mn) Q3FY26 Q3FY25 Y-o-Y % Q2FY26 Q-o-Q % 9MFY26 9MFY25 Y-o-Y % Net Revenue 2,643 2,307 2,383 7,608 6,162 Other Income 39 23 63 131 34 Total Income 2,682 2,331 15% 2,446 10% 7,739 6,196 25% Raw Material Cost 1,542 1,756 1,488 4,763 4,486 Gross Profit 1,140 574
Slide 8: Consistently Reducing Borrowings
Consistently Reducing Borrowings Total Borrowings (Rs Mn) Net Debt to Equity (X) 1,668 291 1,068 0.34 906 74 726 28 0.20 1,377 55 0.16 0.14 406 878 995 671 11 0.05 395 Mar-22 Mar-23 Mar-24 Mar-25 Sep-25 Mar-22 Mar-23 Mar-24 Mar-25 Sep-25 Short Term Long Term Total Debt levels are prudently managed a
Slide 9: Balance Sheet Highlights
Balance Sheet Highlights Liabilities (Rs Mn) Mar-24 Mar-25 Sep-25 Assets (Rs Mn) Mar-24 Mar-25 Sep-25 Shareholder’s Funds 4,971 4,945 5,092 Non-current Assets 2,700 2,588 2,555 Share Capital 313 313 313 Net Block 2,538 2,426 2,413 Reserves & Surplus 4,658 4,632 4,780 Capital Work-in-progress 36 36 6
Slide 10: Cash Flow Highlights
Cash Flow Highlights Cash Flow Extract (Rs Mn) FY24 FY25 H1FY26 Net Cash Generated From Operating Activities (A) 112 502 464 Net Cash Used In Investing Activities (B) -83 -18 -83 Net Cash Used In Financing Activities (C) -16 -492 -349 Net (Decrease)/ Increase In Cash And Cash Equivalents (A+B+C) 13
Slide 11: Company at a Glance
FA Company at a Glance
Slide 12: The Growth Journey So Far…
The Growth Journey So Far… Commencement Export Market Capability Well-placed to Capitalize on Stage Penetration Expansion the Growth Opportunities (1995) (2004 – 2012) (2013 – 2021) (2022 – 2025) Commenced business • Owned Processing Plant at • IPO and Listing on BSE & NSE in • Improved Product Mix:
Slide 13: …To Having Built a Well-Integrated Operations
…To Having Built a Well-Integrated Operations Region-wise Export Mix – FY25 One Of The Leading Exporters Of Processed Shrimp In India Catering to wide array of customers such as Food Companies, Retail Chains, Restaurants, Club Stores and Distributors spread across multiple geographies in the USA, Eu
Slide 14: Well Integrated Across Value Chain
Well Integrated Across Value Chain 1 2 3 4 Shrimp Seed Shrimp Pre-processing Logistics (Hatchery) Farming and Processing • Production of Specific • Cultivation of shrimp, which • Sizing and grading • Inhouse Cold Storage Pathogen Free (SPF) shrimp are reared in ponds in a • Deheading (Headless Shell
Slide 15: Strategically Located Facilities
Strategically Located Facilities Vizianagaram Srikakulam Andra Pradesh Three Hatcheries with a total capacity of 1.2-1.4 billion Vishakhapatnam SPF seed West Godavari East Godavari Two Processing plants with a total capacity of 34,240 Eluru Kakinada MTPA, along with Cold Storage capacity of ~3,500 M
Slide 16: Processing Capacity Offers Headroom for Growth
Processing Capacity Offers Headroom for Growth Total Capacity 34,240 MTPA Unit 1 – Kakinada, Andhra Pradesh Unit 2 - G. Ragampeta, Andhra Pradesh Ready-to-Cook products: 9,240 MTPA Ready-to-Cook products: 15,000 MTPA Cold Storage: 1,000 MT Ready-to-Eat products: 10,000 MTPA Cold Storage: 2,500 MT 10
Slide 17: Product Offering – Moving up the Value Chain
Product Offering – Moving up the Value Chain READY-TO-EAT (RTE) SPECIALTY PRODUCT Cooked Peeled & De-veined Tail–on PEELED PRODUCT Butterfly shrimp Cooked in Shell BASE PRODUCT Peeled, Deveined, Tail-on Skewered shrimp Shrimp Rings Peeled, Un-deveined, Tail-on Seasoned shrimp Dusted and Breaded Head
Slide 18: Annexure
Annexure
Slide 19: India's Seafood Exports Driven by Surging Shrimp Exports
India’s Seafood Exports Driven by Surging Shrimp Exports India’s Seafood Export Volume (‘000 MT) 1,735 1,782 1,698 1,377 1,393 1,369 1,290 1,135 1,149 984 1,051 1,024 1,066 957 928 946 813 862 778 641 811 637 603 678 559 694 700 700 682 572 662 673 477 548 652 728 711 716 742 566 614 590 301 358 374
Slide 20: Key Considerations for the Sector
Key Considerations for the Sector Demand Slowdown Disease Related Volatile Pricing Being an export-oriented Highly susceptible to Global imbalances in sector, any slowdown in outbreak of diseases, which demand-supply can consumption in key can have a detrimental impact pricing. Exchange markets like
Slide 21: Share Capital Information
Share Capital Information NSE / BSE code APEX / 540692 Shareholding Pattern as of 31-Dec-25 CMP (Rs/share) (as of 11-February-26) Rs 373 0.6% 22.1% Market Cap (Rs Cr) Rs 1,167 Cr 4.7% Shares outstanding (# Cr) 3.125 Cr 72.6% Face Value (Rs/share) Rs 10 Sector/Industry Aquaculture Location Kakinada,
Slide 22: Thank You
Thank You Mr Chowdary Karuturi, MD & CFO Apex Frozen Foods ir@apexfrozenfoods.com CIN: L15490AP2012PLC080067 Pooja Sharma | Suyash Samant Stellar IR Advisors Pvt. Ltd. pooja.sharma@stellar-ir.com | suyash@stellar-ir.com 21