Annapurna Swadisht earnings calls.

Annapurna Swadisht reported Q1 FY27 consolidated revenue of ₹127 croreCurrent reported value: Q1 FY27 consolidated revenue of ₹127 crore. No comparable prior figure is available in the source record. with 17.74Current reported value: 17.74. No comparable prior figure is available in the source record.% YoY growth and PAT of ₹9.81 croreCurrent reported value: PAT of ₹9.81 crore. No comparable prior figure is available in the source record. (+50Current reported value: 50. No comparable prior figure is available in the source record.% YoY). The company, now on main board, operates 188 SKUs across 13 categories with 1,150 distributors reaching 8.5 lakh retail outlets. Management targets ₹750 crore revenueCurrent reported value: ₹750 crore revenue. No comparable prior figure is available in the source record. for FY27 with ₹115 crore EBITDACurrent reported value: ₹115 crore EBITDA. No comparable prior figure is available in the source record., reaching ₹1,000 crore by FY28. Key concerns emerged on the analyst Q&A: the ₹450-500 crore integrated facility capexCurrent reported value: ₹450-500 crore integrated facility capex. No comparable prior figure is available in the source record. (vs ₹320 crore market cap) drew scrutiny given the ₹180 crore Madhur acquisition yielding only ₹10 crore PAT. Promoter pledge remains at 70% with zero target by September. Debtor days at 60+ vs peers at 8-10 days and negative operating cash flows remain structural challenges. The company plans to reduce distributor credit terms from 90 to 30 days over 2 years to unlock working capital. Market capitalization at ₹320 crore on ₹521 crore revenue reflects low multiple but visibility on execution is limited given ambitious expansion plans.