Press Release

HINDUSTAN FOODS LIMITED A Vanity Case Group Company A Government Recognised Two Star Export House Registered Office: Office No. 3, Level 2, Centrium, Phoenix Market City, 15, Lal Bahadur Shastri Road, Kurla (West), Mumbai, Maharashtra, India, 400 070. Email: business@thevanitycase.com, Website: www.hindustanfoodslimited.com Tel. No.: +91 22 6980 1700/01, CIN: L15139MH1984PLC316003 Date: November 5, 2026 To, To, The General Manager The Manager, Department of Corporate Services National Stock Exchange of India Limited, BSE Limited Listing Department, Floor 25, P. J. Towers, Dalal Street, Exchange Plaza, C-1, Block G, Mumbai- 400 001 Bandra Kurla Complex, Tel: (022) 2272 1233 / 34 Bandra (East), Mumbai 400 070 Company Scrip Code: 519126 Company Symbol: HNDFDS Dear Sir/Madam, Subject: Press Release Please find attached the press release titled “Hindustan Foods Delivers Resilient Q2 & H1 FY27; Reaffirms Full Year Guidance”. The disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your information and record. Thanking you. Yours faithfully, For Hindustan Foods Limited Bankim Purohit Company Secretary and Legal Head ACS: 21865 Encl. As above Investor Release Hindustan Foods Delivers Resilient Q2 & H1 FY27; Reaffirms Full Year Guidance Hindustan Foods Limited (“HFL” or the “Company”), a diversified FMCG contract manufacturer, announced its unaudited financial results for the quarter ending 30th September 2026. Key Consolidated Financial Highlights for H1FY27 are as follows: • Total Income increased by 18% to Rs 2,476 Crores in H1FY27 from Rs 2,098 Crores in H1FY26 • EBITDA increased by 26% to Rs 222 Crores in H1FY27 from Rs 176 Crores in H1FY26 • PBT increased by 28% to Rs 118 Crores in H1FY27 from Rs 92 Crores in H1FY26 • Adj. PAT increased by 30% to Rs 89 Crores in H1FY27 from Rs 69 Crores in H1FY26 Key Consolidated Financial Highlights for Q2FY27 are as follows: • Total Income increased by 18% to Rs 1,269 Crores in Q2FY27 from Rs 1,076 Crores in Q2FY26 • EBITDA increased by 26% to Rs 115 Crores in Q2FY27 from Rs 92 Crores in Q2FY26 • PBT increased by 25% to Rs 61 Crores in Q2FY27 from Rs 49 Crores in Q2FY26 • Adj. PAT increased by 22% to Rs 46 Crores in Q2FY27 from Rs 38 Crores in Q2FY26 Note: Q2 & H1 FY27 PAT excludes one-time exceptional loss of Rs. 1.3 crore owing to deductible on insurance policy arising from floods at our Silvassa facility Commenting on the results, Sameer R. Kothari, Managing Director said, “We have continued to deliver healthy growth in both Q2 FY27 and H1 FY27, demonstrating the resilience of our diversified manufacturing platform despite geopolitical uncertainties and operational challenges. We navigated operational challenges arising from approximately 1.5 months of disruption at Silvassa due to floods, along with a delayed ramp-up of the newly commissioned Liquid Detergent facility. Despite these challenges, we delivered adjusted PAT of Rs. 46 crore in Q2 FY27, up 22% YoY, while H1 FY27 adjusted PAT grew 30% to Rs. 89 crore. Our teams responded to these challenges with speed and agility while continuing to serve our customers seamlessly. The operational headwinds faced in H1 FY27 are now easing. Our footwear business has returned to profitability, and we expect a ramp up in profitability from hereon. We are witnessing strong volume growth across our end user markets, supported by a robust demand environment. Based on the discussions with our customers, we believe that there are numerous growth opportunities leading to a strong pipeline beyond the projects that are nearing commercialization. To capitalize on these opportunities and support our next phase of growth, we have strengthened our leadership team with the appointment of business heads across all our divisions. Given this momentum and with capacities ramping up and new projects coming on stream, we are well positioned for a strong H2 FY27 and sustained earnings growth into FY28.” Commenting on the Operational Performance, Ganesh Argekar, Executive Director said, "The Q2 tested our operational resilience, and our teams rose to the occasion. Flooding at our Silvassa premises led to around 1.5 months of disruption. We moved quickly to restore operations. The floods also delayed the ramp-up of the liquid detergent plant at Silvassa, which we now expect to normalize by the end of Q3 FY27. During Q1FY27, Footwear business faced cost pressures arising from higher raw material costs and revised wage rates. During Q2FY27, we have completed execution of legacy fixed price orders and secured fresh orders at revised prices, reflecting the current cost structure. Improved raw material procurement and sustained operational efficiencies enabled the division to return to profitability in Q2 FY27. The recovery has continued into H2 FY27, with October 2026 recording the division’s highest- ever monthly turnover. With a healthy order book providing visibility until March 2027, we expect the division to further ramp up profitability in H2 FY27. Our expansion projects continue to progress. Some of these, including the detergent bar plant at Lucknow, the Greek yoghurt facility in Goa and the Ayurveda wellness plant at Baddi are currently running 1–2 months behind schedule due to delays in the supply of critical imported equipment. We now expect to commercialise them in early part of Q4FY27. They will add meaningfully to our capabilities and to customer demand fulfilment. We remain focused on execution and on improving utilisation across our network.” Commenting on the Financial Performance, Mayank Samdani, Group CFO said, "Q2 FY27 delivered healthy underlying growth. Adjusted PAT rose 22% YoY to Rs. 46 crore. For H1 FY27, adjusted PAT stood at Rs. 89 crore, up 30% YoY. During the quarter, we recognised a one-time exceptional loss of Rs. 1.3 crore arising from the floods at our Silvassa facility. While the loss is adequately insured by the policy, the terms mandate a deductible which has been provided for. We are particularly pleased with the improvement in cash generation. H1 FY27 cash flow from operations stood at Rs. 58 crore, compared with dismal situation in H2 FY26. This was driven by the early progress in moving select customer businesses from gross to net revenue recognition. Additional customers have agreed to move to net revenue recognition from Q4 FY27. Together with the benefit of the recently announced GST changes, we expect significantly stronger cash flows in H2 FY27, which will help fund our growth projects. Our balance sheet remains strong, giving us the financial flexibility to support our growth plans. We expect Q4 FY27 to be the major contributor to the year’s profitability, driven by the ramp-up of newly commissioned capacities and sustained improvement in the footwear division, which has already returned to profitability. While the Silvassa disruption and delays in commissioning certain projects have impacted the expected earnings contribution for FY27, we reiterate our PAT guidance of Rs. 200–220 crore and expect to close around Rs. 200 crores PAT for FY27, with Q4 FY27 expected to be the major contributor.” About Hindustan Foods Limited HFL was founded in 1984. The Company offers dedicated and shared manufacturing services to FMCG corporates who are looking to minimize costs while maximizing product quality in the post-GST environment. In 2013, Vanity Case India Private Limited (The Vanity Case Group of Companies) bought a controlling stake in HFL and since then the Company has diversified across various FMCG categories with manufacturing competencies in Food & Beverages, Home Care, Fabric Care, Beauty & Personal Care, Wellness & OTC Pharma, Leather & Sports Footwear, and Household Insecticides, amongst others. The Vanity Case Group was founded in the year 2001 and is a large and diversified FMCG contract manufacturers in India. Over the years, HFL has transformed into a sca [Showing first 8,000 characters — download PDF for full document]