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Zappfresh FY26 PAT Surges 59% YoY To ₹14 Cr

Zappfresh FY26 PAT Surges 59% YoY To ₹14 Cr

Inc42 2 days ago

Online meat delivery company Zappfresh saw its consolidated net profit for FY26 surge 59% to ₹14.3 Cr from ₹9 Cr in the previous year.

The BSE SME-listed company also reported a profit of ₹7.3 in the second half (H2) of FY26, up a marginal 4.3% from ₹7 Cr in H1 FY26.

The company did not mention YoY comparative figures for H2 FY26 in its financial results.

Operating revenue zoomed 69% to ₹220.8 Cr in FY26 from ₹130.7 Cr in FY25. Zappfresh also clocked a 30.4% sequential jump in operating revenue to ₹125 Cr in H2 FY26 from ₹95.9 Cr in H1 FY26.

In a statement, the company attributed the healthy FY26 performance to robust demand expansion, successful scaling across categories and strong H2 FY26 operating performance.

Including other income of ₹14.9 Cr, Zappfresh’s total income for the fiscal year stood at ₹222.3 Cr. Meanwhile, total expenses grew 66% YoY to ₹198.8 Cr.

The online marketplace's EBITDA zoomed 91% YoY to ₹31.1 Cr in FY26, while EBITDA improved by 160 basis points to 14.1% during the fiscal under review.

"… Revenue growth of 69%, alongside a near doubling of PBT (profit before tax), reflects the outcome of strong operational discipline coupled with sustained consumer demand for clean, traceable, and trusted food products, a demand that continues to expand meaningfully," said Zappfresh founder and MD Deepanshu Manchanda.

On the operational front, the company said that its B2B arm contributed nearly 68% to its revenues in FY26, driving strong scale and revenue visibility. While noting that the focus on B2B vertical led to "some near-term margin moderation" during the fiscal due to its lower-margin profile, the company added that the vertical supports long-term growth through higher volumes and better capacity utilisation.

Zappfresh also claimed that its product mix remained diversified, with chicken accounting for 50% of its top line, while seafood and mutton contributed 27% and 23%, respectively.

The company also added that it continues to scale its local meat shop partnership pilot, under which it acts as a sourcing, supply chain and technology partner for retailers. While it currently claims to be working with around 15-20 stores, it plans to rope in 100 store partners soon.

Going forward, the online meat delivery company also expects its recent acquisition of the ready-to-eat business of Ambrozia and the new launch of frozen foods brand Meevaa Foods to translate into 'scaled outcomes" in the future.

"… FY27 and FY28 are expected to be the years when these strategic investments begin translating into scaled outcomes, and we remain focused on executing this transition with conviction and discipline," added Manchanda.

Shares of Zappresh closed the last trading session 0.93% higher at ₹103.35 on the BSE SME.

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Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: Inc42