Apex Frozen Foods Limited (APEX) Earnings Call Transcripts

Apex Frozen Foods Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Apex Frozen Foods Limited reported a revenue of INR 168 crores, down from INR 197 crores in Q4 FY '25, reflecting a decrease in sales volume. However, the company achieved a remarkable 902% increase in profit after tax, reaching INR 39 crores for the fiscal year, driven by robust global shrimp prices and favorable currency movements. Management maintained a positive outlook for FY '27, anticipating a 30% increase in volumes, particularly as U.S. tariffs decrease to 10%.

Reported metrics

Guidance from management

Management anticipates a 30% increase in volumes for FY '27, supported by improved market conditions and reduced U.S. tariffs. They remain optimistic about regaining market share in the U.S. market.

What management said

The volumes should be scaling back for the U.S. market, to answer your question. The revenue, of course, is of course, determined based on the realization, the unit values, of course, in dollar terms as well as the currency realization. But definitely, the volumes to the U.S. will be scaling back as in the past. Now with the tariffs being brought down to a lower level of around 10%. So yes, that eventually it will re...

We do cover our risks partially by way of forward contracts as we also continue to add new orders to our order book. We do hedge part of our risks by way of with our authorized dealer banks -- dealer bank, basically. And that's how we have been doing all these years. And even though there was a brief pause in the middle of last year FY -- I mean, middle of FY '26 because of significant depreciation in the currency. A...

What analysts pressed on

Analysts expressed concerns about the potential for revenue scaling back in the U.S. market as tariffs decrease. There were also questions regarding the sustainability of margins and the impact of logistics challenges on future performance.

Main topics on the call

• Revenue Performance — Apex reported Q4 FY '26 revenue of INR 168 crores, a decline from INR 197 crores in Q4 FY '25. However, FY '26 revenue grew 14% YoY to INR 931 crores, driven by strong global shrimp prices and favorable currency movement...
• Profit Growth — Profit after tax surged 902% YoY to INR 39 crores in FY '26, compared to INR 4 crores in FY '25. This significant growth underscores the company's improved profitability despite revenue fluctuations.
• Volume Stability and Market Diversification — Sales volumes remained stable at 10,286 metric tonnes for FY '26, with non-U.S. markets contributing 52% to total sales. Management noted a 19% YoY growth in EU markets, indicating successful geographic diversification.
• Margin Expansion — EBITDA margins expanded by 405 basis points to 7.7% for FY '26, supported by stable farm gate prices and cost efficiency initiatives. Q4 FY '26 EBITDA margins reached 9.8%, reflecting a 593 basis point increase.

Read the full Apex Frozen Foods Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 21 Apex Frozen Foods Limited earnings call transcripts on record, spanning June 26, 2020 to June 2, 2026. Based on this history, Apex Frozen Foods Limited reports quarterly. The most recent call on file is dated June 2, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

APEX

Exchange

NSEI

Country

IN

Sector

Consumer Staples

Industry

Food Products

Calls on record

21

First call

June 26, 2020

Most recent

June 2, 2026

Reporting cadence

quarterly