iD Fresh Food FY25 revenue rises 22% to ₹681 crore
The Bengaluru-founded ready-to-cook foods brand reported FY25 revenue from operations of ₹681.38 crore, versus ₹557.85 crore a year earlier. Net profit was ₹50.75 crore, including a one-time deferred-tax credit of ₹24.89 crore.
What happened
iD Fresh Food reported FY25 revenue of ₹681.38 crore, up 22% from ₹557.85 crore, and net profit of ₹50.75 crore including a ₹24.89 crore deferred-tax credit.
Key facts
- FY25 revenue from operations: ₹681.38 crore
- FY24 revenue from operations: ₹557.85 crore
- Revenue growth: 22%
- FY25 net profit: ₹50.75 crore
- One-time deferred tax credit: ₹24.89 crore
- Underlying profit: approximately ₹26 crore
- Founded in 2005
- Initial kitchen size: 50 sq ft
Why this matters
iD Fresh Food’s growing ₹681 crore revenue base reinforces its strategic value in India’s branded fresh convenience-food category, though any valuation should focus on recurring margins rather than tax-aided profit.
What to watch
- FY26 revenue growth relative to FY25's 22% rate and evidence of market-share gains in core batter and parota categories.
- Profit before deferred-tax effects, EBITDA margin and operating cash-flow conversion.
- Gross-margin movement amid rice, wheat, edible oil, dairy, packaging and freight inflation.
- New plant capacity, geographic expansion and refrigerated distribution partnerships.
- Quick-commerce assortment expansion, repeat purchase metrics and promotional intensity.
- Competitive launches or discounting by national packaged-food companies, regional fresh-food players and platform private labels.
- Prioritize high-repeat, higher-margin adjacencies such as parotas, rice-based meals, chutneys and regional ready-to-cook formats.
- Expand manufacturing and refrigerated distribution selectively in underpenetrated metros and tier-2 cities, balancing freshness-led differentiation against cold-chain costs.
- Use modern trade and quick-commerce for discovery while protecting unit economics through pack-size, assortment and promotional discipline.
- Communicate recurring profitability separately from the one-time tax credit to establish confidence in operating-margin progression.
- Secure longer-term sourcing and hedging arrangements for key agricultural inputs, packaging and logistics to reduce gross-margin volatility.