Hindustan Foods

Hindustan Foods delivered its highest-ever quarterly EBITDA of 93 croresCurrent 93 crore vs previous available quarter 84 crore. in Q3 FY26Current reported value: 26. No comparable prior figure is available in the source record., up 18% YoY, with PAT rising 26% to 36 croresCurrent reported value: 36 crores. No comparable prior figure is available in the source record. despite a one-time labor code provision. The strong performance was driven by record production across HPC and food & beverage divisions, stabilization of the shoe business, and disciplined execution of a 750 crore capexCurrent 750 crore capex. Reported change: +60% of opening gross block. program. Management guided FY27 PAT of 200-220 croresCurrent reported value: 200-220 crores. No comparable prior figure is available in the source record., implying ~1.4x growth over FY26, supported by ramp-up of newly commissioned assets and operating leverage. However, GST duty inversion in ice cream, bottled water, and foods may increase working capital, though management expects to mitigate via conversion-based models. Risks include slower-than-expected export traction in shoes and OTC pharma, and potential revenue recognition changes from GST-related model shifts.