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Earnings Call Transcript

KRBL Earnings Call Transcript: Key Takeaways

KRBL achieved record quarterly revenue despite bulk export headwinds in the Middle East, offset by a robust 33% domestic growth and improved brand realization.

Guidance and delivery
Management target Revenue 10.0% FY27
Highlights
Revenue growth14% YoY growth driven by domestic surge and better pricing.
MarginsEBITDA margin improved to 21.1% due to low-cost inventory and pricing.
Demand visibilityStrong domestic demand; Middle East demand high but constrained by logistics.
Management confidenceConfident in domestic market dominance but cautious regarding Middle East logistics.

Growth

Revenue rose 14% YoY to ₹1,727 Cr; domestic branded sales grew 23% and regional rice volumes jumped 42%.

Outlook

Management guides for 10% domestic volume growth and targets ₹25 Cr annualized masala revenue by FY27.

Risks

Geopolitical disruption in the Middle East and shipping issues at the Strait of Hormuz severely impact bulk export volumes.

Last quarter's promises, checked

Delivered

  • Guided FY27 EBITDA 17–18% → Q2 EBITDA 21.1% (= BEAT; quarter vs full-year range, unproven)
  • Guided regional rice +25% on ₹270 Cr → Q2 regional rice volume +42% (= BEAT; volume vs revenue basis)

Partly delivered

  • Guided ~10% FY27 domestic volume growth → consumer-pack volume +18%; bulk pack recovery unconfirmed (= PARTIAL)

Missed

  • Guided progressive export recovery from Q2 → Middle East bulk exports still severely impacted, no figure (= MISS, directional)
Source

Earnings Call Transcript filed with NSE, NSE: KRBL. Summary written with AI assistance from the document.

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KRBL Ltd: key numbers

Share price
₹401.45
Market cap
₹9,189 Cr
Revenue (annual)
₹6,098 Cr
Net profit (annual)
₹648.0 Cr
P/E (TTM)
10.9×Sector 26.8×
Promoter holding
60.17%+0.00% QoQ
FII holding
6.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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