Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) — Reporting period: Quarter ended 31-03-2026 and year ended 31-03-2026 (as per published results dated 07th May 2026)
Optional commentary: Financial tables are presented in ₹ Crores.
| Particulars | Standalone Quarter ended | Standalone Year ended | Consolidated Quarter ended | Consolidated Year ended |
|---|---|---|---|---|
| 31-03-2026 Refer Note 11 | 31-12-2025 Unaudited | 31-03-2025 Refer Note 11 | 31-03-2026 Audited | |
| A Revenue from operations | ||||
| Sale of products (Refer Note 9) | 220.01 | 232.25 | 198.58 | 880.88 |
| Other operating revenue | 0.29 | 0.34 | 0.44 | 1.29 |
| Total revenue from operations | 220.30 | 232.59 | 199.02 | 882.17 |
| Other income | 2.13 | 0.19 | 0.84 | 3.26 |
| Total income | 222.43 | 232.78 | 199.86 | 885.43 |
| B Expenses | ||||
| Cost of materials consumed | 132.39 | 139.43 | 128.55 | 544.38 |
| Purchase of stock-in-trade | 4.42 | 3.05 | 0.34 | 8.34 |
| Changes in inventories of finished goods and stock-in-trade | 2.64 | 0.67 | (0.03) | (5.25) |
| Employee benefits expense (Refer Note 7 and 8) | 23.91 | 21.23 | 15.02 | 81.62 |
| Finance costs | 0.19 | 0.49 | 0.15 | 0.99 |
| Depreciation and amortisation expense | 3.63 | 3.67 | 6.08 | 14.67 |
| Advertisement and sales promotion expense | 5.68 | 9.96 | 16.13 | 39.23 |
| Other expenses | 38.26 | 46.28 | 41.24 | 173.87 |
| Total expenses | 211.12 | 224.78 | 207.48 | 857.85 |
| C Profit / (Loss) before exceptional items and tax (A-B) | 11.31 | 8.00 | (7.62) | 27.58 |
| D Exceptional items-Expenses (Refer Note 5) | – | – | 142.97 | – |
| E Profit / (Loss) before tax (C-D) | 11.31 | 8.00 | (150.59) | 27.58 |
| F Tax expense | ||||
| Current tax | (0.11) | – | (0.03) | – |
| Deferred tax | 2.66 | 2.02 | (36.59) | 6.70 |
| Total tax expense / (credit) | 2.55 | 2.02 | (36.62) | 6.70 |
| G Profit/ (Loss) after tax (E-F) | 8.76 | 5.98 | (113.97) | 20.88 |
| H Other comprehensive income | ||||
| (i) Items that will not be reclassified subsequently to the statement of profit and loss: | ||||
| – Remeasurement of the net defined benefit obligation | 0.13 | – | (0.30) | 0.13 |
| – Income-tax relating to those items | (0.03) | – | 0.08 | (0.03) |
| (ii) Items that will be reclassified subsequently to the statement of profit and loss: | ||||
| – Exchange differences in translating the financial statements of foreign subsidiaries |
| Sr. No. | Particulars | Standalone (Audited) | Standalone (Audited) | Consolidated (Audited) | Consolidated (Audited) |
|---|---|---|---|---|---|
| As at 31-03-2026 | As at 31-03-2025 | As at 31-03-2026 | As at 31-03-2025 | ||
| A | ASSETS | ||||
| 1. | Non-current assets | ||||
| (a) | Property, plant and equipment | 176.21 | 182.48 | 369.12 | 378.05 |
| (b) | Capital work-in-progress | 1.63 | 1.13 | 2.10 | 1.55 |
| (c) | Right-of-use asset | 7.30 | 8.58 | 22.63 | 23.65 |
| (d) | Goodwill | – | – | 581.84 | 581.99 |
| (e) | Intangible assets | 13.14 | 13.75 | 311.93 | 315.01 |
| (f) | Financial assets | ||||
| (i) Investments | 1,084.29 | 1,078.80 | 0.12 | 0.11 | |
| (ii) Other financial assets | 4.40 | 4.25 | 7.73 | 4.99 | |
| (g) | Deferred tax assets (net) | 11.32 | 18.05 | 62.92 | 70.22 |
| (h) | Other tax-assets (net) | 11.91 | 11.45 | 14.43 | 12.96 |
| (i) | Other non-current assets | 11.94 | 3.50 | 13.37 | 4.67 |
| Total non-current assets | 1,322.14 | 1,321.99 | 1,386.19 | 1,393.20 | |
| 2. | Current assets | ||||
| (a) | Inventories | 110.45 | 109.67 | 190.77 | 194.62 |
| (b) | Financial assets | ||||
| (i) Investments | – | – | 17.92 | – | |
| (ii) Trade receivables | 68.99 | 63.73 | 106.28 | 97.98 | |
| (iii) Cash and cash equivalents | 24.59 | 22.01 | 31.36 | 47.07 | |
| (iv) Bank balances other than (iii) above | 1.26 | 1.25 | 8.68 | 1.25 | |
| (v) Other financial assets | 2.59 | 0.87 | 1.89 | 2.10 | |
| (c) | Other current assets | 68.21 | 34.38 | 88.40 | 50.98 |
| Total current assets | 276.09 | 231.91 | 445.30 | 394.00 | |
| Total Assets | 1,598.23 | 1,553.90 | 1,831.49 | 1,787.20 | |
| B | EQUITY AND LIABILITIES | ||||
| 1. | Equity | ||||
| (a) | Equity share capital | 37.70 | 37.70 | 37.70 | 37.70 |
| (b) | Other equity | 1,439.95 | 1,399.72 | 1,440.78 | 1,400.68 |
| Total equity attributable to the owners of the Company | 1,477.65 | 1,437.42 | 1,478.48 | 1,438.38 | |
| 2. | Liabilities | ||||
| Non-current liabilities | |||||
| (a) | Financial liabilities | ||||
| (i) Lease liabilities | 2.33 | 4.20 | 9.28 | 11.17 | |
| (b) | Provisions | 3.04 | 1.92 | 8.19 | 9.08 |
| (c) | Deferred tax liabilities (net) | – | – | 94.61 | 95.10 |
| Total non-current liabilities | 5.37 | 6.12 | 112.08 | 115.35 | |
| Current liabilities | |||||
| (a) | Financial liabilities | ||||
| (i) Lease liabilities | 2.57 | 2.24 | 4.16 | 3.15 | |
| (ii) Trade payables | |||||
| – Total outstanding dues of micro enterprises and small enterprises | 7.51 | 5.09 | 15.06 | 10.07 | |
| – Total outstanding dues of creditors other than micro enterprises and small enterprises | 60.77 | 68.84 | 136.65 | 167.99 | |
| (iii) Other financial liabilities | 29.10 | 20.82 | 54.84 | 32.76 | |
| (b) | Other current liabilities | 5.85 | 6.00 | 12.89 | 11.41 |
| (c) | Provisions | 7.62 | 5.58 | 15.54 | 6.30 |
| (d) | Current tax liabilities (net) | 1.79 | 1.79 | 1.79 | 1.79 |
| Total current liabilities | 115.21 | 110.36 | 240.93 | 233.47 | |
| Total liabilities | 120.58 | 116.48 | 353.01 | 348.82 | |
| Total Equity and Liabilities | 1,598.23 | 1,553.90 | 1,831.49 | 1,787.20 |
| Particulars | Standalone Year Ended 31-03-2026 | Standalone Year Ended 31-03-2025 | Consolidated Year Ended 31-03-2026 | Consolidated Year Ended 31-03-2025 |
|---|---|---|---|---|
| A. Cash flows from operating activities | ||||
| Profit before tax | 27.58 | (145.92) | 27.19 | (145.63) |
| Adjustments for: | ||||
| – Depreciation and amortisation expense | 14.67 | 22.05 | 32.89 | 25.75 |
| – Loss on sale of property, plant and equipment (net) | 0.07 | 0.09 | 0.06 | 0.09 |
| – Gain on disposal of investments in mutual funds | (0.53) | (0.80) | (0.76) | (0.80) |
| – Fair value gain on financial assets mandatorily measured at fair value through profit and loss | – | – | 0.07 | (0.44) |
| – Interest income | (0.32) | (0.61) | (0.65) | (0.76) |
| – Finance costs | 0.99 | 1.60 | 1.84 | 1.73 |
| – Provision for impairment in value of investment in subsidiary | – | 0.56 | – | – |
| – Exceptional items (Refer note 5) | – | 141.60 | – | 141.60 |
| – Share based payment expenses | 13.62 | – | 19.25 | – |
| – Bad debts written off | – | 3.31 | – | 3.31 |
| – Reversal of loss allowance | 0.18 | (3.32) | 0.18 | (3.32) |
| – Unrealised loss in foreign exchange | – | – | (0.02) | (0.41) |
| – Liabilities no longer required written back | – | – | (0.00) | 0.51 |
| Operating profit before working capital changes | 56.26 | 18.56 | 80.05 | 21.63 |
| Movements in working capital | ||||
| Adjustments for (increase) / decrease in assets | ||||
| – Trade receivables | (5.44) | 3.26 | (8.12) | (0.33) |
| – Inventories | (0.78) | 35.02 | 3.83 | 32.69 |
| – Other financial assets | (1.76) | 1.80 | (4.67) | 2.15 |
| – Other assets | (41.78) | (4.43) | (45.49) | (10.30) |
| Adjustments for increase / (decrease) in liabilities | ||||
| – Trade payables and Other financial liabilities | 2.49 | 17.83 | (2.78) | 32.55 |
| – Provisions | 3.29 | 1.92 | 8.04 | 2.05 |
| – Other liabilities | (0.15) | (0.47) | 1.49 | (0.53) |
| **Cash generated from operations |