Proventus Agrocom Limited (ProV) Reports Strong H1FY26 Results, Brand Revenue of INR 283 crs up 33% YoY

Wholesome Nutrition Based Products Scaling New Heights Building for tomorrow

• Expanded Beyond Core Dry Fruits into Wholesome Nutrition Based Products
• Brand revenue of INR 283 cr up 33% YoY; PAT INR 6.68 cr up 37% YoY; up 164% from H2 FY25
• Expanded beyond core dry fruits into wholesome nutrition-based products
• Brand revenue up 33% YoY to ₹283 cr; nutrition-based products now ~50% of portfolio; poised for margin expansion
• Reaffirms commitment to ₹1000 cr brand revenue target by FY28

Half year ended September 2025 highlights

• Revenue (Consolidated): ₹390 cr, up 32% YoY
• ProV brand revenue sales: ₹283 cr, up 33% YoY
• Gross margins: Improved to ~22.1% in H1 FY26 from 19.8% in FY25
• EBITDA: ₹9.17 cr vs ₹8.16 cr in H1 FY25 (+12%)
• PAT: ₹6.68 cr vs ₹4.87 cr YoY (+37%); vs ₹2.53 cr (+164%) from H2 FY25
• H1 EPS: ₹19.40

Proventus Agrocom Limited (NSE: PROV), one of India’s fastest-growing healthy snacking companies, announced its half-yearly results for H1 FY26, marking a defining phase in its growth journey, with a sharper focus on wholesome nutrition-based products.

The company reported brand revenue of ₹283 crore, up 33% YoY from ₹213 crore in H1 FY25, maintaining strong profitability despite a 2x increase in marketing and brand investments. Gross margins are set to rise to +22% by FY26 year end as the product mix continues shifting toward high-margin and wholesome nutrition-based products.

Redefining the healthy snacking space

Speaking on the results, Mr. Durga Prasad Jhawar, Managing Director, said:
“This marks the beginning — a transformation beyond traditional dry fruits into a full-fledged healthy snacking brand. Our product mix evolution, brand investments, and expanding distribution network are creating a sustainable foundation for scalable and profitable growth. We remain committed to achieving our ₹1000 cr brand milestone by FY28, with gross margins of 30%.”

Key highlights of H1 FY26 performance

Strong growth and brand momentum

• Brand revenue up 33% YoY; monthly run-rate exceeds ₹60 crore
• 12x brand growth in 4 years — on track to reach ₹575–600 crore by FY26 end
• Wholesome nutrition-based products now ~50% of portfolio

Evolving product portfolio

• Introduced 25+ new products — Flavoured Makhana, Healthy Bars, Trail Mixes, Nut Chocolates, Seed Mixes
• Broadened reach across customer categories with premium, modern-age offerings
• Portfolio shift toward high-margin categories, expected to drive sustained profitability

Strengthened channel presence

• Healthy sales mix across General Trade, Modern Trade, E-Commerce & Quick Commerce
• Enhanced visibility through multi-platform advertising, 1,000+ branded autos, targeted promotions, and strategic in-store activations
• Supported by a 350+ strong sales force

GST cut: A game changer

The recent GST reduction on dry fruits and related categories is expected to significantly boost the organized sector, benefiting both ProV and the healthy snacking industry at large.

“The GST rationalization brings affordability and wider accessibility to health-focused snacking — a direct tailwind for ProV’s evolving product portfolio,” added Mr. Deepak Agrawal, Chief Business Officer.

A transformative phase: Sustainable, scalable, and profitable growth

Despite a 2x increase in marketing spends, ProV has shown profitability growth and improved operating efficiency. This underlines its commitment to long-term brand building while ensuring financial discipline.

With deep-rooted distribution, a diversified portfolio, and expanding infrastructure, ProV is well-positioned to capture India’s booming healthy snacking market, estimated to grow at a double-digit CAGR over the next decade.

“We are not only growing — we are evolving. Our focus is on building a consumer-first brand that delivers both taste and nutrition, creating long-term value for consumers, partners, and stakeholders,” said Mr. Jhawar.

About Proventus Agrocom Limited (ProV)

ProV is an integrated health-food brand with a diversified portfolio spanning dry fruits, nuts, seeds, berries, and healthy snacks. Its “farm-to-homes” model ensures end-to-end control — from sourcing to distribution — delivering premium, nutritious products to millions of households.
The brand operates across General Trade, Modern Trade, E-Commerce, and Q-Commerce.
Corporate Identification Number: U74999MH2015PLC269390.

Safe harbour

This document may contain certain forward-looking statements, which are tentative, based on current expectations of the management of Proventus Agrocom Limited or any of its subsidiaries and associate companies (“ProV”). The results in future may vary significantly from the forward-looking statements contained in this document due to various risks and uncertainties. These risks and uncertainties include, inter alia, the effect of economic and political conditions in India and outside India, volatility in interest rates and in the securities market, new regulations and Government policies that may impact the businesses of Proventus Agrocom Limited as well as its ability to implement the strategy. Proventus Agrocom Limited does not undertake any obligation to update these statements. This document is for information purposes only and any action taken by any person on the basis of the information contained herein is that person’s responsibility alone and Proventus Agrocom Limited or its directors or employees will not be liable in any manner for the consequences of such actions. The company regularly posts all important information at its website www.proventusagro.com