Shrimp Export Company Declares Rs 2 Final Dividend For FY25, Reports 22.07 Per Cent Q4 Revenue Growth And PAT Turnaround Despite Annual Profit Decline From Last Year
On YTD basis the stock has declined by 14 per cent while in last 12 months it has surged over 10 per cent.
The Board of Directors of Apex Frozen Foods Ltd has announced the Audited Financial Results for the fourth quarter and financial year ended March 31, 2025. Further, the Board has recommended a final dividend of Rs 2 per equity share (i.e. 20 per cent) on the face value of Rs 10 per share for the financial year 2024-25. The payment of the dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting.
In the Quarterly Results of March 2025, the company reported a revenue of Rs 197.32 crore, reflecting a YoY growth of 22.07 per cent compared to Rs 161.64 crore in March 2024. The profit after tax (PAT) stood at Rs 1.96 crore, marking a turnaround from a loss of Rs 0.36 crore in the same quarter last year.
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In FY25, the company posted a revenue of Rs 813.55 crore, registering a 1.18 per cent growth compared to Rs 804.10 crore in FY24. The net profit for the year stood at Rs 3.88 crore, down 73.63 per cent from Rs 14.70 crore in the previous financial year.
Apex Frozen Foods Ltd, incorporated in 1995, is engaged in the business of processing and exporting seafood, primarily focusing on processed frozen shrimp. The company operates on a business-to-business (B2B) model and supplies its products through distributors to the HORECA segment—Hotels, Restaurants, and Cafés—as well as departmental stores in key international markets such as the United States, European Union, and China. Apart from its core processing business, the company also supplies shrimp seeds to farmers, supporting the aquaculture ecosystem.
The company’s operations span several integrated business verticals. In the shrimp seed (hatchery) segment, Apex Frozen Foods produces Specific Pathogen Free (SPF) shrimp seed in-house, ensuring disease-free and high-quality stock for shrimp farming. For shrimp farming, the company follows an outsourced model, where cultivation is carried out in bio-secured pond environments, maintaining hygiene and sustainability.
In terms of processing, Apex undertakes all pre-processing and processing activities in-house. These include sizing, grading, beheading (Headless Shell-on), peeling (Raw Peeled), and cooking, along with value addition to meet international standards. The company has also developed its own logistics infrastructure, which includes in-house cold storage facilities and a fleet of owned refrigerated trucks. This ensures that the company maintains full control over the storage and shipping of its ready-to-cook and ready-to-eat shrimp products, delivering them efficiently to global markets.
On YTD basis the stock has declined by 14 per cent while in last 12 months it has surged over 10 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.