Krishival Foods rises on expanding deep freezer network to 15,490 units in FY26
Krishival Foods is currently trading at Rs. 330.00, up by 3.00 points or 0.92% from its previous closing of Rs. 327.00 on the BSE.
The scrip opened at Rs. 328.80 and has touched a high and low of Rs. 336.25 and Rs. 327.95 respectively. So far 1474 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 481.08 on 23-Oct-2025 and a 52 week low of Rs. 298.05 on 04-Mar-2026.
Last one week high and low of the scrip stood at Rs. 336.25 and Rs. 320.75 respectively. The current market cap of the company is Rs. 845.73 crore.
The promoters holding in the company stood at 37.23%, while Institutions and Non-Institutions held 11.37% and 51.41% respectively.
Krishival Foods has expanded its deep freezer network to 15,490 units in the fiscal year ended March 31, 2026 from 3,732 units at the beginning of the year. The expansion plays a key role in the company’s strategy to scale its ice cream business under the Melt N Mellow brand and enhance product availability across urban as well as Tier II and Tier III markets. The expanded freezer network is expected to support improved product visibility, consistent quality, and increased retail throughput.
The company’s distribution footprint already spans 30,000 plus retail touch points, supported by a strong network of distributors across Maharashtra, Karnataka, Goa, Telangana and Andhra Pradesh. The addition of deep freezers further strengthens Melt N Mellow Ice Cream’s ability to deliver temperature-sensitive products efficiently across geographies. Importantly, the freezer network expansion is closely aligned with the company’s growth outlook.
Further, the company plans to continue expanding its cold chain footprint in line with its broader growth strategy, which includes deeper penetration in key markets such as Maharashtra, Karnataka, Goa, Telangana and Andhra Pradesh, as well as scaling its presence across Tier II and Tier III cities.
