ALFA Finder
| Market Cap | ₹308.17 CrSugar Sector |
|---|---|
| P/E Ratio | 6.61Sector PE 22.88 |
| RSI | 38.75Neutral Zone |
| Promoter Holding | 59.82%Stable QoQ |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 61.5 | 65.5 | 42.2 |
| Other Income | 4.8 | 4.9 | 1.3 |
| Total Income | 66.2 | 70.5 | 43.5 |
| Profit Before Tax | 9.3 | 7.6 | 4.1 |
| Net Profit | 8.3 | 6.4 | 2.4 |
| Operating Margin | 14.0% | 10.8% | 9.4% |
| Net Profit QoQ | +29.7% | ||
| Net Profit YoY | +245.8% | ||
| Adj. Profit QoQ | +66.7% | ||
| Adj. Profit YoY | +60.7% | ||
Key highlights
- Consolidated net profit reached ₹8.3 crore in Q2 FY27 compared to ₹2.4 crore in Q2 FY26
- Revenue from operations grew 45.7% year-on-year to ₹61.5 crore during the September quarter
- Operating margins expanded to 14.0% in Q2 FY27 from 9.4% in the corresponding quarter last year
- The company reported a sequential profit growth of 29.7% over the June 2026 quarter
- Half-year consolidated net profit for the period ended September 30, 2026, stood at ₹14.69 crore
- Consolidated revenue for the first half of FY27 reached ₹127.0 crore
Revenue Growth and Bottom-Line Surge
M.V.K. Agro Food Product Limited delivered a robust financial performance in the second quarter of FY27, with consolidated revenue from operations increasing to ₹61.5 crore, up from ₹42.2 crore in the same period last year. This top-line growth translated into a sharp rise in profitability, as net profit surged by 245.8% year-on-year to reach ₹8.3 crore.
On a sequential basis, the company saw its net profit improve from ₹6.4 crore in the previous quarter despite a slight moderation in revenue from ₹65.5 crore. The half-yearly figures show a consolidated total income of ₹136.7 crore for the period ending September 30, 2026.
Margin Expansion and Ind AS Transition
Operating efficiency significantly improved during the quarter, with margins expanding to 14.0% in Q2 FY27 from 9.4% in Q2 FY26. This improvement reflects the company's focus on cost optimization and better realization across its product mix. The current results have been prepared in accordance with Indian Accounting Standards (Ind AS), following the company's transition to these standards effective April 1, 2025.
Other income for the quarter contributed ₹4.8 crore to the total income, while profit before tax stood at ₹9.3 crore, representing a steady increase over the previous quarter's ₹7.6 crore.
Strategic Expansion and Capacity Milestones
- Commissioned expanded cane-crushing capacity from 2,500 TCD to 4,000 TCD on October 15, 2026
- Reiterated full-year FY27 revenue guidance of ₹350.00 crore as disclosed in July 2026
- Advanced plans for migration from the NSE Emerge SME platform to the NSE mainboard by mid-2027
- Consolidated total assets grew to ₹935.54 crore as of September 30, 2026, from ₹876.34 crore in March 2026
- Inventory levels stood at ₹83.17 crore on a consolidated basis at the end of the first half of the fiscal year
Market Valuation and Ownership Trends
The stock is currently trading at ₹198.95 with a price-to-earnings (P/E) ratio of 6.61, which remains significantly lower than the industry average of 22.88. Although the stock has corrected from its 52-week high of ₹819, it maintains a market capitalization of ₹308.17 crore. Promoter holding remains stable at 59.82%, with no reported pledges.
Institutional holding saw a minor reduction to 0.33% from 0.41% in the previous quarter. Technical indicators suggest the stock is in a neutral territory with an RSI of 38.75 and a Money Flow Index (MFI) of 17.67.
| Date | Announcement | Amount |
|---|---|---|
| 01 Jul 2026 | FY27 revenue guidanceSource: NSE filing | ₹350.00 Cr |
| 14 Nov 2025 | Q2 FY26 unaudited financial resultsSource: mvkagrofood.com | – |
| 30 May 2025 | FY25 audited financial resultsSource: mvkagrofood.com | – |
What to watch next
- Commercial impact of the 4,000 TCD expanded capacity in the upcoming Q3 FY27 results
- Updates regarding the migration to the NSE mainboard expected by mid-2027
- Progress toward achieving the FY27 annual revenue guidance of ₹350 crore
| Share price | ₹198.95 |
|---|---|
| Market capitalisation | ₹308.17 Cr |
| Revenue (annual) | ₹319.89 Cr |
| Net profit (annual) | ₹46.63 Cr |
| Revenue (latest quarter) | ₹65.55 Cr-51.06% vs previous quarter |
| Net profit (latest quarter) | ₹6.38 Cr-79.16% vs previous quarter |
| P/E (TTM) | 6.61×Sector 29.12× |
| Promoter holding | 59.82%0.00% QoQ |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by M.V.K. Agro Food Product Limited announcing unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Market figures from a third-party data provider.
