| Scrip Code | 500215 |
|---|---|
| NSE Symbol | SUNDROP |
| MSEI Symbol | NOTLISTED |
| ISIN | INE209A01019 |
| Name of company | SUNDROP BRANDS LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 06-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 30-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | The Company is in the food business and hence as per Indian Accounting Standard 108 Operating Segments, Foods is considered as the operating segment of the Group since the Chief Operating Decision Maker, CODM, reviews business performance at an overall Group level as one segment. |
| Start date and time of board meeting | 06-08-2026 14:38:00 |
| End date and time of board meeting | 06-08-2026 16:08:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 42,808.00 | 42,808.00 | |
| Other income | 101.00 | 101.00 | |
| Total income | 42,909.00 | 42,909.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 27,195.00 | 27,195.00 |
| (b) | Purchases of stock-in-trade | 4,069.00 | 4,069.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (3,767.00) | (3,767.00) |
| (d) | Employee benefit expense | 4,451.00 | 4,451.00 |
| (e) | Finance costs | 55.00 | 55.00 |
| (f) | Depreciation, depletion and amortisation expense | 833.00 | 833.00 |
| (f) | Other Expenses | ||
| 1 | Advertisement and sales promotion expense | 2,020.00 | 2,020.00 |
| 2 | Other expenses | 6,338.00 | 6,338.00 |
| Total other expenses | 8,358.00 | 8,358.00 | |
| Total expenses | 41,194.00 | 41,194.00 | |
| 3 | Total profit before exceptional items and tax | 1,715.00 | 1,715.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 1,715.00 | 1,715.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 175.00 | 175.00 |
| 8 | Deferred tax | 327.00 | 327.00 |
| 9 | Total tax expenses | 502.00 | 502.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 1,213.00 | 1,213.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 1,213.00 | 1,213.00 |
| 17 | Other comprehensive income net of taxes | 9.00 | 9.00 |
| 18 | Total Comprehensive Income for the period | 1,222.00 | 1,222.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 1,222.00 | 1,222.00 | |
| Total profit or loss, attributable to non-controlling interests | 0.00 | 0.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 1,222.00 | 1,222.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 0.00 | 0.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 3,770.00 | 3,770.00 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 3.22 | 3.22 | |
| Diluted earnings (loss) per share from continuing operations | 3.22 | 3.22 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 3.22 | 3.22 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 3.22 | 3.22 | |
| 24 | Debt equity ratio | 0 | 0 |
| 25 | Debt service coverage ratio | 0 | 0 |
| 26 | Interest service coverage ratio | 0 | 0 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. These financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors of Sundrop Brands Limited, the Parent Company or the Company, at their meetings held on August 6, 2026. 2. These results have been prepared in accordance with Indian Accounting Standards, Ind AS, prescribed under Section 133 of the Companies Act, 2013, read with the relevant rules issued thereunder and are as per Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, as amended. The statutory auditors have carried out a limited review of these results for the quarter ended June 30, 2026, and have issued an unmodified report on these results. 3. The consolidated financial results include the results of the Company and its wholly owned subsidiaries i. Sundrop Foods India Private Limited, India ii. Agro Tech Foods Bangladesh Pvt Ltd., Bangladesh iii. Sundrop Foods Lanka Private Limited, Sri Lanka iv. Del Monte Foods Private Limited, India and v. Del Monte Foods India North Private Limited, India, step down wholly owned subsidiary, all entities together referred to as the Group. 4. In the context of Indian Accounting Standard Ind AS 108 Operating Segments, Foods is considered as the operating segment of the Group since the Chief Operating Decision Maker CODM reviews business performance at an overall Group level as one segment. The required financial information are summarized below: Particulars of Segment Consolidated INR in Crores For the Quarter ended, As at For the Year ended, As at 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Unaudited Refer Note 9 Unaudited Audited Revenue from operations 428.08 386.55 372.12 1,549.44 Profit before tax 17.15 13.24 5.66 27.19 Total assets 1,912.99 1,831.49 1,790.70 1,831.49 Total liabilities 417.55 353.01 346.41 353.01 Note: There are no unallocated corporate income or expenses or asset and liabilities considering the Group in a single segment. 5. During the quarter ended June 30, 2026, the Parent Company granted 130,367 employee stock options to eligible employees of the Parent Company and its subsidiary companies, this is in addition to 14,80,411 employee stock options granted during the year ended March 31, 2026. The exercise price of the options granted is INR 515 and INR 636 per option for grants made during the quarter ended June 30, 2026, INR 515 and INR 809 per option for grants made during the year ended March 31, 2026, depending on time-based and performance-based conditions and employee level. The Group has recognized share-based payment expense under Employee Benefits Expense in the financial results, amounting to INR 4.74 crores for the quarter ended June 30, 2026, INR 4.88 crores for the quarter ended March 31, 2026 and INR 19.25 crores for the year ended March 31, 2026. 6. On November 21, 2025, the Government of India notified the four Labour Codes, the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020, consolidating 29 existing labour laws. The Ministry of Labour & Employment also notified Central Rules and issued FAQs to enable assessment of the financial impact due to changes in regulations. The Group has considered restructured compensation of its employees with effect from June 1, 2026, and assessed the impact of the changes, consistent with the Labour Codes, rules and FAQs. The Group has presented such incremental impact of INR 1.55 crores under the Employee Benefits expenses line item in the standalone and consolidated statement of profit and loss for the year ended March 31, 2026. The Group continues to monitor the FAQ or clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. 7. During the quarter ended March 31, 2026, the Group has reassessed the classification of certain promotional expenses. Based on such assessment, amounts payable to customers towards promotional activities have been presented as a deduction from revenue. Accordingly, the Group has netted off such expenses against revenue aggregating to INR 3.47 crores for the quarter and year ended March 31, 2026 and INR 0.67 crores for the quarter ended June 30, 2026 in the standalone financial results. In the consolidated financial results corresponding amounts of INR 4.82 crores for the quarter and year ended March 31, 2026 and INR 1.19 crores for the quarter ended June 30, 2026 have been netted against revenue. The comparative figures for the quarter ended June 30, 2025 have not been reclassified as the impact of such reclassification was assessed to be immaterial. 8. The above financial results are also available at the Stock Exchange's website i.e. www.bseindia.com, www.nseindia.com and the Company's website www.sundropbrands.com. 9. The figures for the quarter ended March 31, 2026 are balancing figures between the audited figures of the full financial year ended March 31, 2026 and the published year to date figures up to third quarter ended December 31, 2025. |
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| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | Consolidated INR in Crores Unaudited 30-06-2026 Particulars of Segment Revenue from operations 428.08 Profit before tax 17.15 Total assets 1912.99 Total liabilities 417.55 |
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| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| Total Amount of items that will not be reclassified to profit and loss | |||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Exchange differences in translating the financial statements of foreign subsidiaries | 9.00 | 9.00 |
| Total Amount of items that will be reclassified to profit and loss | 9.00 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 9.00 | 9.00 |
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | BSR and Co | Yes | 30-04-2029 | ||
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