Pakka Limited's Q4 FY26 saw mixed performance: overall revenue rose 8% YoY to 104.49 Cr, but PBT fell 55% to 5.52 Cr.

Full-year FY26 revenue was down 13% to 366.78 Cr, with PBT plunging 62% to 25.20 Cr.

This was primarily due to a 40-day PM3 outage and pricing pressures from new entrants impacting the Wrap & Carry segment.

The Food Services segment, however, surged with Q4 revenue up 46% to 16.87 Cr, driven by strong volume growth and B2C revenue increasing 2.5x. Despite this, losses widened, attributed to higher in-house production costs and one-off write-offs, which management is actively addressing through optimization.

Looking ahead, key strategies include PM3 modifications to boost production, cost optimization, and Food Services expansion via B2B/B2C growth, an asset-light model, and new product diversification into the US market.

The company also secured significant refinancing with a 500 Cr NCD from the Neo group.

FY27 focuses on commissioning Project Jagriti and further cost control.