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Quarterly results

consolidated · as filed with NSE · Q1 FY27 back to Q4 FY17

₹ crore	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q3 FY19	Q2 FY19	Q4 FY17
Revenue from operations	1,900	1,468	1,384	1,610	1,606	1,385	1,366	1,355	1,506	1,284	1,253	1,278	1,554	1,093	1,103	1,322	1,569	1,332	1,069	1,226	1,098	915	1,132	955	1,035	923	1,064	835	755	834
Other income	65.7	47.5	63.1	49.4	50.6	49.9	39.1	41.8	34.7	36.5	33.7	33.5	32.6	24	29.2	26.5	12.3	16.2	18.6	25.6	18.3	28.2	18.7	27.4	11.6	19.6	21	14	11.6	15.1
Total expenses	1,809	1,319	1,224	1,432	1,409	1,223	1,221	1,235	1,361	1,169	1,171	1,199	1,430	973	1,033	1,258	1,475	1,226	1,012	1,194	1,024	835	988	836	920	869	945	735	692	725
EBITDA	106	165	176	194	214	177	160	136	160	130	97	94	138	133	80.6	74.9	104	117	67.6	42.7	85.4	92.2	153	129	125	63.4	129	110	72.1	117
EBITDA margin	5.6%	11.2%	12.7%	12.1%	13.3%	12.8%	11.7%	10.0%	10.6%	10.1%	7.7%	7.4%	8.9%	12.2%	7.3%	5.7%	6.6%	8.8%	6.3%	3.5%	7.8%	10.1%	13.6%	13.5%	12.0%	6.9%	12.1%	13.1%	9.6%	14.1%
Finance costs	0.5	1.1	0.7	0.4	0.5	0.6	0.5	0.6	0.6	0.7	0.2	0.2	0.3	1	0.2	0.4	0.3	0.4	0.5	0.8	0.7	0.5	0.2	0.3	0.7	0.7	0.2	0.5	0.6	0.2
Depreciation	14.4	15.1	15.9	15.8	16.2	14.6	15	15	14.5	14.5	14.4	14.3	13.2	12.2	10.6	9.9	9.8	9.8	10.3	10.4	10.2	11.7	9.6	9.4	9.6	9.1	9.7	9	9	7.7
Profit before tax	157	183	223	228	248	212	184	162	180	151	116	113	157	139	97.4	89.8	101	123	69.2	39.9	92.7	108	162	147	126	73.2	140	114	74.1	124
Tax	40.4	44.8	58.6	58.3	62.9	54.3	43.2	41	42.1	38.2	32.4	30.5	41.9	38.7	25.9	23.2	26.7	29.1	22.4	5.2	22.7	21.4	37.2	26.5	27.3	14.2	13.3	28.9	19.7	38.4
Net profit	116	139	163	169	186	157	141	121	138	113	83.3	82.7	115	101	70.6	67.1	73.1	91.7	44	33.1	70.2	86.2	125	120	98.7	58.9	127	85.3	55.1	86
Net margin	6.1%	9.5%	11.8%	10.5%	11.6%	11.3%	10.3%	9.0%	9.1%	8.8%	6.6%	6.5%	7.4%	9.3%	6.4%	5.1%	4.7%	6.9%	4.1%	2.7%	6.4%	9.4%	11.0%	12.6%	9.5%	6.4%	12.0%	10.2%	7.3%	10.3%
EPS (₹)	7.58	9.14	10.97	11.25	13.09	11.14	9.92	8.34	9.41	7.64	5.32	5.45	7.81	6.85	4.58	4.16	4.86	6.19	2.95	1.77	5.12	5.50	8.17	7.64	6.38	3.51	8.71	5.40	3.41	18.26
Net profit YoY	−37.4%	−11.7%	+16.1%	+38.9%	+35.0%	+39.6%	+69.0%	+46.8%	+19.5%	+11.0%	+18.0%	+23.3%	+57.5%	+10.6%	+60.6%	+102.9%	–	+30.8%	−49.0%	−73.5%	−28.9%	+46.5%	−1.8%	–	–	−31.0%	+131.0%	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY17
Revenue from operations	6,066	5,612	5,369	5,087	5,036	4,101	4,115	3,393
Other income	211	165	136	92	81.7	92.6	70.2	48.2
Total expenses	5,383	5,040	4,969	4,739	4,757	3,683	3,701	2,737
EBITDA	748	633	458	393	322	460	454	683
EBITDA margin	12.3%	11.3%	8.5%	7.7%	6.4%	11.2%	11.0%	20.1%
Finance costs	2.8	2.3	1.3	2	2	1.7	2	3
Depreciation	62.6	59	56.4	42.6	40.8	40.9	37.7	23.8
Profit before tax	880	737	537	427	333	510	484	703
Tax	225	180	143	115	78.7	112	98.6	238
Net profit	657	557	394	312	245	397	386	466
Net margin	10.8%	9.9%	7.3%	6.1%	4.9%	9.7%	9.4%	13.7%
EPS (₹)	44.40	38.81	26.21	20.45	16.26	26.43	25.43	98.31
Net profit YoY	+17.9%	+41.5%	+26.1%	+27.3%	−38.3%	+2.9%	–	–

EPS is as filed for each period and is not restated for later bonus issues or splits.

Cash flow

annual · ₹ crore

₹ crore	FY26	FY25	FY24	FY23	FY22
Operating cash flow	505	583	263	451	−212
Investing cash flow	−385	−483	−224	−416	299
Financing cash flow	−104	−85.6	−60.4	−65.5	−68.3
Capital expenditure	80.7	153	131	160	66.4
Free cash flow (CFO − capex)	424	430	132	292	−279

Net profit trend

annual, ₹ crore

FY21

₹397

FY22

₹245−38%

FY23

₹312+27%

FY24

₹394+26%

FY25

₹557+41%

FY26

₹657+18%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	13 Aug 2026	PDF on NSE XBRL
Q1 FY27	Standalone	13 Aug 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	28 May 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	28 May 2026	PDF on NSE XBRL
Q3 FY26	Consolidated	–	PDF on NSE XBRL
Q3 FY26	Consolidated	11 Feb 2026	PDF on NSE XBRL
Q3 FY26	Standalone	–	PDF on NSE XBRL
Q3 FY26	Standalone	11 Feb 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	5 Nov 2025	PDF on NSE XBRL
Q2 FY26	Standalone	5 Nov 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY2612.93 MB FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)17.5×

P/B3.12×

ROEFY26, on average equity21.6%

Net margin10.8%

Debt / equity0.00×

Revenue CAGR (3Y)6.0%

Profit CAGR (3Y)28.1%

EPS (TTM)₹43.12

Market cap₹10,261 Cr

Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.

Balance sheet 31 Mar 2026

Total assets₹4,260 Cr+16%

Net worth₹3,286 Cr+17%

Total borrowings₹10 Cr−21%

Cash & bank balances₹42 Cr+62%

Investments₹1,262 Cr+16%

Inventories₹940 Cr+7%

Trade receivables₹144 Cr+3%

Trade payables₹243 Cr−39%

Change vs the same date a year earlier.

Revenue mix FY26

Shrimp Feed71.9%result ₹559 Cr

Processed Shrimp27.8%result ₹128 Cr

Shrimp Hatchery0.2%result ₹−5.5 Cr

Discontinued operation0.0%result ₹1.4 Cr

Segment revenue as reported, before inter-segment eliminations.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23	Sept 23
Promoter	43.23	43.23	43.23	43.23	43.23	43.23	43.23	43.23	43.23	43.25	43.28	43.28
FII	7.19	7.63	7.98	6.98	7.59	6.42	14.47	14.40	14.28	14.11	13.48	13.50
DII	7.36	6.82	4.16	4.19	4.00	5.07	5.49	5.81	6.41	7.47	8.65	8.81
of which MF	6.91	6.35	3.76	3.73	3.78	–	–	–	–	–	–	–
Retail	12.54	12.37	14.35	15.53	14.95	14.84	15.43	15.27	14.83	13.97	14.01	13.77
Other public	29.68	29.95	30.28	30.07	30.23	30.44	21.38	21.29	21.25	21.20	20.58	20.64

1,22,500 shareholders · NSE shareholding pattern filings.