Vandan Foods revenue doubles to ₹259 cr, but profits crater

Vandan Foods managed a massive top-line expansion in FY26, with revenue more than doubling to ₹259.6 crore. The scale-up came at a high cost, however. Net profit for the year collapsed to ₹1.32 crore, down from ₹6.91 crore a year earlier. The pressure on margins became acute in the second half of the year, which closed with a ₹2.86 crore loss. The company’s balance sheet reflects the strain of this growth phase; it shows a sharp spike in borrowings and trade payables. With a market capitalization of just ₹30 crore, Vandan is now effectively running a high-turnover, low-margin operation that is highly sensitive to rising finance and raw material costs. Profitability has suffered a severe blow, and the transition into a loss-making second half signals that the current scaling model is testing the company's financial endurance.