Krishival Foods Q1FY27: Ice Cream Revenue Jumps 230% YoY

Krishival Foods Ltd has released an investor update for Q1FY27, highlighting a significant 230% year-on-year increase in ice cream revenue, driven by seasonal demand, expansion of its deep freezer network to ~17,280 units, and the successful launch of premium products like the Marvel range. The ice cream business saw its EBITDA margin improve to 10.05% from 7.80% in the previous quarter, despite challenges like oil price hikes and diesel availability issues. The company added approximately 1,780 new deep freezers, with over 80% deployed in Andhra Pradesh. The Nuts & Dry Fruits business grew 10% YoY, clocking ₹37.38 crore in revenue, with EBITDA margins at 18.24%. New value packs were introduced in the nuts and dry fruits segment. The ice cream manufacturing facility operates at 40% capacity utilization, with full utilization targeted by Q1 FY29. The expanded nuts facility, doubling capacity to 20 MT per day, is undergoing a phased utilization ramp-up.