FMCG Stock-Krishival Foods Ltd’s Board to Raise 10,000 Lakhs via Rights Issue
DSIJ Intelligence-1 / 28 Oct 2025/ Categories: Mindshare, Trending
The stock is up by 39.4 per cent from its 52-week low of Rs 355 per share.
On Tuesday, shares of Krishival Foods Limited surged 0.69 per cent to Rs 495 per share from its previous closing of Rs 491.60 per share. The stock has a 52-week high of Rs 506.40 per share and its 52-week low is Rs 355 per share.
The Board of Directors of Krishival Foods Limited met on October 27, 2025, commencing at 4:00 p.m. and concluding at 6:00 p.m. (IST), and formally approved a proposal for fundraising through a Rights Issue. This Rights Issue will involve the offer and issuance of partly paid-up equity shares of the Company, each with a face value of ₹ 10, to the eligible equity shareholders for an amount not exceeding Rs 10,000 lakh. The implementation of the Rights Issue is contingent upon compliance with all applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and is subject to securing all necessary regulatory approvals. The final terms and conditions of the Rights Issue, such as the issue price, rights entitlement ratio, record date, timing and terms of payment, will be subsequently decided by the Board or a designated Rights Issue Committee.
Additionally, the company has welcomed the GST rate reduction on nuts, dried fruits, and ice cream, a move that is expected to significantly boost sales ahead of the festive season. The 56th GST Council meeting confirmed a reduction for these products, with nuts and dried fruits seeing their GST rate cut from 12 per cent to 5 per cent, and ice cream from 18 per cent to 5 per cent. This policy change, effective September 22, 2025, is anticipated to spur consumption by making high-quality packaged foods more affordable and accessible to a broader range of consumers.
About the Company
Krishival Foods Ltd. is one of the FMCG companies focused on producing high-quality, sustainable food products for domestic and global markets. With a diversified portfolio across dry fruits, snacks, ice cream, etc. and a robust procurement model, the company aims to emerge as a major player in discretionary consumption.
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 company has a market cap of over Rs 1,000 crore with a PE of 64x, an ROE of 11 per cent and an ROCE of 15 per cent. The stock is up by 39.4 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.