Mishtann Foods Ltd (539594) — concall transcript | 30 September 2024

Mishtann Foods reported 17.38% YoY revenue growth to Rs. 341.89 crore and 21.89% YoY net profit growth to Rs. 106.57 crore, with EBITDA margin at 31.70%. Management highlighted expansion into Middle East, USA, and Singapore markets, a 1000 KLPD ethanol plant targeting mid-2026 commissioning, and 15,000+ farmer contracts in Haryana/Rajasthan. Trade receivables rose to Rs. 824 crore amid 180-day credit terms for new markets. Strategic focus includes salt diversification, industrial park partnerships, and EV component exploration, while maintaining 32% EBITDA margin targets through operational efficiency.