Aparna Arun Morale holds 34.48% stake: Food products company to announce record date for dividend next week

On Wednesday, shares of Krishival Foods Limited gained 0.7 per cent to Rs 391.25 per share from its previous closing of Rs 388.50 per share. The stock’s 52-week high is Rs 435.50 per share and its 52-week low is Rs 355 per share.

Krishival Foods Ltd, established in 2014, is a prominent player in the processed nuts and dry fruits industry. The company transforms raw nuts and dried fruits into flavourful, packaged products marketed under Krishival Nuts. Their product range includes cashews, almonds, pistachios, dry figs and combo packs, which are widely available across 64 tier II and tier III cities in India. The company acquired a significant 52.94 per cent stake in Melt ‘N ’Mellow Foods Private Limited. This acquisition will allow Krishival Foods to diversify its portfolio and enter the growing food and beverage sector, gaining access to established brands and a strong distribution network.

According to Quarterly Results, the net sales surged 70 per cent to Rs 49.52 crore in Q1FY26 compared to net sales of Rs 29.20 crore in Q1FY25. The company reported net profit of Rs 4.40 crore in Q1FY26 compared to a net profit of Rs 3.35 crore in Q1FY25, an increase of 31 per cent. In FY25, the company reported net sales of Rs 202 crore and net profit of Rs 14 crore. The Board has declared a dividend of Re 0.24 per share and will convene a meeting on Monday, August 25, 2025, to set the record date for this dividend.

Krishival Foods Limited approved significant investments to boost subsidiary production. This includes a Rs 2 crore loan and Rs 2 crore equity to Siddhivinayak Cashew Industries Private Limited for a new dry fruit processing plant. A Rs 25 crore loan was approved for Melt 'N' Mellow Foods Private Limited to build production facilities for Hamma Foods Private Limited and BVK Foods Private Limited, focusing on ice cream, milk, and bakery products. Melt 'N' Mellow Foods itself will invest Rs 7.4 crore for a 49 per cent stake and a Rs 14 crore loan in Hamma Foods, and Rs 3.74 crore for a 49 per cent stake and a Rs 3 crore loan in BVK Foods, all for new production facilities.

The company has a market cap of over Rs 870 crore with a PE of 64x, an ROE of 11 per cent and an ROCE of 15 per cent. The stock is up over 10 per cent from its 52-week low of Rs 355 per share. The promoter of the company, Aparna Arun Morale, holds the majority of the stake, i.e., 34.48 per cent stake.

Disclaimer: The article is for informational purposes only and not investment advice.