The company says that it has already identified and signed 100 store partners for the next phase of expansion
Reflecting healthy demand expansion and scaling across categories, DSM Fresh Foods, the parent company of Zappfresh, 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.
Revenue grew around 50 per cent sequentially in the second half of FY26 to 125 crore versus 96 crore in H1, indicating accelerating business momentum. The company said that business-to-business (B2B) contribution rising to around 68 per cent in FY26 is driving strong scale and revenue visibility.
While it has led to some near-term margin moderation due to its lower-margin profile, it strengthens long-term growth through higher volumes, better capacity utilisation and deeper institutional relationships, the company added.
“The acquisition of RTE business of Ambrozia has strengthened our manufacturing capabilities, Meevaa Foods has established our entry into the frozen and convenience segment, and our seafood sourcing alliances and aquaculture partnerships have enhanced our supply chain depth in a manner that is difficult to replicate in the short term,” stated Deepanshu Manchanda, Founder and Managing Director, Zappfresh.
Meevaa Foods, the Company’s ready-to-cook and ready-to-eat brand, witnessed an encouraging launch response with over 5,000 orders within 48 hours in Delhi NCR, marking the company’s strategic entry into the broader convenience and value-added foods segment.
The company continued scaling its local meat shop partnership initiative, where Zappfresh acts as a sourcing, supply chain and technology partner for neighbourhood retailers. The pilot involving around 15 to 20 stores delivered encouraging results in customer engagement and operational integration, the company said. “Building on this success, we have already identified and signed 100 store partners for the next phase of expansion,” the statement noted.
