FMCG Stock Releases Strong Financial Performance – FY 2024-25, Recommends Final Dividend

Krishival Foods Ltd's shares rose approximately 2% during Monday's trading session after they reported quite impressive financials for the fourth quarter ending March 31, 2025 (Q4 FY25). The company reported net profit attributable to the owners of the company, whose consolidated net profit was 21.3% higher than the previous year and stood at Rs 5.25 crore compared to Rs 4.33 crore in Q4 FY24.

The company's consolidated total income grew an astounding 155% YoY and stood at Rs 130.85 crore as opposed to Rs 51.32 crore in the same quarter of the previous fiscal year. This exceptional performance showcases the effectiveness of Krishival Foods' dual brand strategy in conjunction with its growing presence in the tier II and tier III cities of India.

The company also reported that its two distinct consumer brands are Krishival Nuts, which is a premium line of dry fruits and Melt N Mellow, which is an aspirational ice cream brand. The Krishival Nuts segment alone earned the company Rs 175 crore for the March quarter, which is a 67% increase from the Rs 104 crore in Q4 FY24. The company stated that the growth is due to a better retail network and a diverse product portfolio.

The Melt N Mellow brand also performed well, with revenue growing 38% YoY to Rs 51 crore, and from Rs 37 crores to Rs 51 crores in the year-ago period. It is important to mention that this quarter's results reflect contractuals from Melt N Mellow ice cream starting only after the September 2024 acquisition. The post-acquisition integration has been smooth, and the brand is contributing in a meaningful way to the topline and visibility of the company.

Melt N Mellow ice cream is sold in more than 25,000 retail outlets across Maharashtra, Karnataka, Goa, and Telangana. To further strengthen consumer relations, flagship stores were also opened in Calangute, Candolim, Alibaug, and Dapoli.

With Krishival Nuts now present in over 102 tier II and III cities, Krishival Nuts is expanding its foothold in Singapore, where it is now available in over 300 retail locations. This marks the beginning of the company's export strategy, which is deemed successful.

The company also continues to increase its presence on e-commerce platforms through collaborations with Amazon, Flipkart, Blinkit, Zepto, and Big Basket.

KrishivalFoods filed with the stock exchange details of how its combined brand approach is generating strong results from aspirational spending in poorly targeted markets. This approach has not only fueled robust revenue increases but also enables the company to best leverage growth opportunities while ensuring strong resiliency and enduring profitability during the downturns.

Started in 2014, Krishival Foods is one of the fastest growing companies in the processed nuts and dry fruits industry, transforming raw materials into ready-for retail packaged items like cashew and almond, pistachio and dry fig combo packs under the brand name Krishival Nuts. Accompanying this growing trend of health awareness, India is imposing restrictions on unhealthy snacks and encouraging the use of healthy ones.

Also, the company has a market cap of Rs 534 crore, which results in a PE ratio of 41x, 11% RoE and 13% RoCE. These numbers certainly make Krishival Foods stand out as a brand to watch in the fast-scaling consumer brands of the Indian FMCG sector. Their strong performance in the last quarter further cements the attention, especially with the industry benchmarks to compare with.