The company says that this growth will be driven through simultaneous scaling across the core Zappfresh business, increasing contribution from Meevaa Foods, expansion of Horeca relationship
DSM Fresh Foods, a technology-enabled fresh foods platform operating under the ZappFresh brand, is looking to deepen its presence across existing markets, scale-up offline retail presence, strengthen backward integration, expand fish and seafood and value-added category to drive revenue growth.
Deepanshu Manchanda, Managing Director, DSM Fresh Foods, said during company’s earnings call that based on the visibility across its existing operations and upcoming growth initiatives, the company is targeting revenue growth of 70 to 80 per cent for the current financial year.
“We believe this growth will be driven through simultaneous scaling across the core Zappfresh business, increasing contribution from Meevaa Foods, expansion of Horeca relationship, deeper penetration across fish and seafood and value-added categories, as well as contribution from upcoming adjacent food verticals, which we keep exploring,” Manchanda added.
The company has also started scaling its local meat shop partnership initiative more aggressively where it partners with neighborhood retailers by becoming their sourcing supply chain and technology partners. Through this model, it aims to help modernise and organise local meat retail.
“The pilot involving 15-20 stores has delivered encouraging and early results in terms of throughput, customer engagement and operational integration, giving us confidence to scale this model meaningfully over the coming years. We have already identified and onboarded approximately 100 stores and are targeting to scale this network to nearly 300-400 partner stores by year end,” he explained.
Meeva Foods And Broader Play
Earlier, Meevaa Foods by Zappfresh, an export-grade frozen food platform focused on ready-to-cook and convenience-led food categories, listed its products on Amazon India as part of its broader ecommerce growth strategy.
The portfolio available on Amazon India includes a range of ready-to-cook and frozen snacks such as momos, spring rolls, samosas, kebabs, and other convenience-led offerings. Meevaa Foods has expanded its presence across approximately 350 Amazon fulfilment and distribution points across the country.
DSM Fresh Foods reported consolidated revenue of Rs 221 crore in the financial year 2026, marking an increase of 69 per cent on a year-on-year basis. The financial results of the company showed that the net profit also grew 59 per cent on-year to reach Rs 14.3 crore in FY26. However, the net profit margin came down by 41 basis points to 6.5 per cent during the same period. The earnings before interest, taxes, depreciation and amortisation (Ebitda) rose 91 per cent to reach Rs 31 crore, with Ebitda margin rising to 14.1 per cent.
