ADFFOODS / guidance tracker

Keep management guidance in view.

ADF Foods · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

FY27 revenue target of ₹925-1,000 crore

Management guided for consolidated revenue between ₹925 crore and ₹1,000 crore in FY27, driven by capacity expansion and new product launches.

revenue

Surat Phase 1 operational by Q4 FY26

Phase 1 of the Surat greenfield plant will be fully operational by Q4 FY26, adding new frozen product lines.

expansion

Standalone EBITDA margins in the 20s

Management expects standalone EBITDA margins to remain in the 20% range going forward, supported by product mix.

margins

Truly Indian brand breakeven in 3 years

The Truly Indian brand is expected to breakeven at the subsidiary level in about 3 years, with continued investment.

growth

FY27 revenue guidance of ₹925-1,000 crore

Management expects consolidated revenue between ₹925 crore and ₹1,000 crore for FY27, assuming Middle East situation normalizes.

revenue

Truly Indian brand to grow 75-80% in FY27

Truly Indian brand expected to grow 75-80% year-on-year in FY27, driven by distribution expansion and repeat purchases.

growth

Ashoka brand to grow 30-35% in FY27

Ashoka brand expected to grow 30-35% in FY27 through deeper penetration, new products, and new markets.

growth

Surat facility to reach full capacity in 3 years

Surat plant expected to reach full capacity utilization (₹200-250 crore revenue) by year three, with ~35% utilization in FY27.

expansion