Pajson Agro Delivers 23% YoY Growth in H1 FY27 Total Income to Rs 145.11 Crore

New Delhi [India], November 4: Pajson Agro India Limited (PAJSON | 544657 | INE14LM01012), a vertically integrated cashew processing company with farm-gate sourcing across key producing origins and a growing consumer brand, ‘Royal Mewa’, has announced its unaudited financial results for the half year ended September 30, 2026.

Key Financial Highlights

• Total Income: Stood at ₹145.11 crore in H1 FY27, compared with ₹118.37 crore in H1 FY26, registering year-on-year growth of 22.59%. It increased by 4.74% compared with ₹138.54 crore in H2 FY26.
• EBITDA: Stood at ₹20.31 crore in H1 FY27, compared with ₹21.07 crore in H1 FY26, registering a year-on-year decline of 3.60%. It increased by 21.19% compared with ₹16.76 crore in H2 FY26.
• EBITDA Margin: Stood at 14.00% in H1 FY27, compared with 17.80% in H1 FY26, contracting by 380 basis points year-on-year. It improved by 191 basis points compared with 12.09% in H2 FY26.
• Net Profit: Stood at ₹12.56 crore in H1 FY27, compared with ₹14.21 crore in H1 FY26, registering a year-on-year decline of 11.64%. It increased by 18.76% compared with ₹10.57 crore in H2 FY26.
• Net Profit Margin: Stood at 8.65% in H1 FY27, compared with 12.01% in H1 FY26, contracting by 335 basis points year-on-year. It improved by 102 basis points compared with 7.63% in H2 FY26.

Operational Highlights

• Enhanced strategic leadership with the appointment of globally recognised cashew industry expert Mr. Vu Thai Son as Strategic Advisor, leveraging his over three decades of international industry experience to support the Company’s growth plans.
• Greenfield project development progressed as planned during the half year.
• Purchase order aggregating ~68.9 Crores were issued for the new processing facility as of September 30, 2026.
• Continued investment in building future-ready processing infrastructure to support the Company’s long-term growth.

Commenting on the performance, Mr. Aayush Jain, Promoter, Chairman & Managing Director, said: “Our performance this half reflects the strength of our demand franchise. Total income grew by over 23%, supported by deeper engagement with our institutional customers and distribution partners.

During the period, we prioritised volumes and long-term customer relationships, while progressively aligning our pricing with input costs. We also maintained a higher raw nut inventory to secure supply through the season, which temporarily increased our working capital and interest costs. This approach is already delivering results: EBITDA margin improved from 12.09% in H2 FY26 to 14.00%, and we expect this progress to continue.