NHC Foods Limited has announced the outcome of its Board Meeting held on November 07, 2026. The board approved the standalone and consolidated un-audited financial results for the quarter and half year ended September 30, 2026. A significant development includes the approval of an investment in 99.98% stake of M/s. SACHMAAS FOODS, a partnership firm involved in the manufacturing, processing, and dealing of food products. The company also announced the appointment of key personnel, including an Additional Director and a new Company Secretary and Compliance Officer.
NHC Foods Board Meeting Outcome
NHC Foods Limited convened its Board Meeting on November 07, 2026, to discuss and approve key corporate actions and financial outcomes. The Board has given its nod to the standalone and consolidated un-audited financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Report, as recommended by the Audit Committee.
Strategic Investment in Sachmaas Foods
A major highlight of the meeting was the approval of an investment, securing a 99.98% stake in M/s. SACHMAAS FOODS (Partnership Firm). Sachmaas Foods operates in the business of manufacturing, processing, repacking, and dealing in various food products, including Chick Peas (Chanas), Peanuts, and other food items, catering to wholesale and retail markets. This strategic investment is expected to expand NHC Foods’ business and add synergy to its existing operations. The acquisition cost was reported at Rs. 1,80,00,000/-.
Key Appointments Approved
The Board also approved the appointment of Mr. Jayesh Dhirajlal Shah (DIN: 08253234) as an Additional Director, designated as an Executive Director, effective November 07, 2026. Furthermore, Ms. Alesha Hakim Khan has been appointed as the Company Secretary and Compliance Officer, also effective November 07, 2026. The company also approved the draft Postal Ballot Notice and appointed Mr. Nikunj Kanabar as the scrutinizer for the e-voting process.
Financial Performance Highlights (Standalone)
For the quarter ended September 30, 2026, NHC Foods reported a Total Income of Rs. 14,523.05 Lakhs and a Profit Before Tax of Rs. 646.32 Lakhs. The Profit for the year stood at Rs. 480.67 Lakhs. The Basic Earnings Per Share (EPS) was Rs. 0.06.
For the half year ended September 30, 2026, Total Income was Rs. 26,673.06 Lakhs, with a Profit Before Tax of Rs. 1,087.96 Lakhs. The Profit for the year was Rs. 859.12 Lakhs, and Basic EPS was Rs. 0.11.
Balance Sheet Snapshot (Standalone)
As at September 30, 2026, the Total Assets of NHC Foods stood at Rs. 44,388.81 Lakhs, with Total Equity at Rs. 13,343.93 Lakhs. Total Liabilities amounted to Rs. 31,044.87 Lakhs.
Cash Flow Statement Highlights (Standalone)
For the half year ended September 30, 2026, Net Cash Flows Generated From Operating Activities were Rs. 803.59 Lakhs. Investing activities resulted in a net outflow of Rs. 23,380.39 Lakhs, while financing activities generated Rs. 23,071.70 Lakhs. The Net increase in Cash and Cash Equivalents was Rs. 494.89 Lakhs.
Segmental Reporting
The company reported segment revenue from Trading and Manufacturing. For the quarter ended September 30, 2026, Trading Segment revenue was Rs. 13,983.51 Lakhs and Manufacturing Segment revenue was Rs. 513.42 Lakhs. The total Profit Before Tax for the quarter was Rs. 646.32 Lakhs.
Source: BSE
