Orkla India has announced its financial results for the quarter ended September 30, 2026. The company reported a strong revenue growth of 18.4% YoY. Spices led the category growth with a 25.1% increase, while Convenience Foods grew by 7.7%. The domestic business saw a 20.0% YoY growth, with international business up 11.7%. EBITDA grew by 12.6% YoY, reaching 15.9% margin.
Orkla India Q2 FY27 Performance Highlights
Orkla India has presented its financial performance for the quarter and half-year ended September 30, 2026. The company showcased robust growth across key metrics, underscoring its strategic initiatives and market presence.
Key Financial and Business Growth Drivers
- High teens revenue growth: Revenue from the sale of products increased by 18.4% year-on-year (YoY), accompanied by a volume growth of 2.9% YoY.
- Spices led category growth: The Spices category experienced a significant growth of 25.1% YoY. Convenience Foods also contributed positively, delivering 7.7% YoY growth, despite a festive-calendar shift.
- Broad-based geographic growth: The domestic business demonstrated strong performance with a 20.0% YoY growth. International business also expanded by 11.7% YoY, navigating a volatile geopolitical environment.
- Innovation and Market Reach: The company supported growth through 15 new innovations, expanding buying occasions and consumer touchpoints. This was complemented by scaling d-com growth through brand investments, with scaling content in social media reaching 6.8x and increasing consumer reach at 3.1x. Digital commerce revenue saw a 23.0% YoY growth in the channel and 33.6% YoY outside South India.
- Resilient EBITDA margin: EBITDA grew by 12.6% YoY, with the EBITDA margin standing at a healthy 15.9%.
Strategic Initiatives and Market Position
Orkla India highlighted its strategic focus on bolstering digital commerce through brand investments and innovation. The company also provided an update on its Kerala distribution re-structuring, aiming to build convenience foods, strengthen market share in standalone modern trade, and enhance spices coverage. The company emphasized its position as a multi-category Indian food company with deep roots in South Indian culinary heritage, being the #1 in UAE Indian spice brand and the largest branded spices exporter for 24 years.
Consolidated Financials
For Q2 FY’27, revenue from operations stood at INR 776 crore, a 19.4% increase YoY. Spices revenue was INR 498 crore and Convenience Foods revenue was INR 271 crore. Adjusted EBITDA was INR 124 crore with a margin of 15.9%. Profit After Tax (PAT) was INR 91 crore, with a PAT margin of 11.8%.
For H1 FY’27, revenue from operations reached INR 1,435 crore, a 15.1% increase YoY. Adjusted EBITDA was INR 239 crore, and PAT was INR 179 crore.
Key Commodities’ Price Trend
The presentation also included a trend analysis of key commodity prices based on consumption. Spices prices showed an increase, reaching 1.30 in Q2’27 from 1.00 in Q2’25. Wheat prices remained relatively stable, while skimmed milk powder prices saw an upward trend to 1.12 in Q2’27.
Source: BSE
