Source Natural Foods and Herbal Supplements Ltd (531398)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Source Natural's revenue was ₹21.3 Cr, and net profit ₹0.7 Cr; the operating margin was 5.2%.
| Q1 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹21.3 | — | — |
| Operating profit | ₹1.1 | — | — |
| Net profit | ₹0.7 | — | — |
| EPS (₹) | 1.06 | — | — |
| Operating margin | 5.2% | — | — |
📢 Recent Corporate Announcements
Source Natural Foods and Herbal Supplements Ltd has received the Ayush Quality Mark Certification from the Ayush Export Promotion Council (AYUSHEXCIL). The certification was awarded on September 23, 2026, during the 11th Ayurveda Day celebrations held in Nagpur, Maharashtra. AYUSHEXCIL is notified by the DGFT under the Ministry of Commerce & Industry with support from the Ministry of Ayush. The certification validates the company's manufacturing standards and operational practices, which may assist its domestic standing and export prospects.
- Awarded Ayush Quality Mark Certification on September 23, 2026
- Conferred by AYUSHEXCIL during the 11th Ayurveda Day celebrations at Nagpur
- Recognizes quality processes, manufacturing activities, and documentation traceability
- Certification backed by DGFT, Ministry of Commerce & Industry, and Ministry of Ayush
Source Natural Foods and Herbal Supplements Ltd has incorporated a wholly-owned subsidiary, SN Solar Mangaluru Private Limited, on August 31, 2026. The new entity is set up to develop, implement, own, operate, and maintain grid-connected Solar PV power projects. Source Natural Foods subscribed to 100% of the initial paid-up capital of Rs 1,00,000 (10,000 equity shares of Rs 10 each), against an authorized capital of Rs 10,00,000. The subsidiary has not yet commenced commercial operations.
- Incorporated wholly-owned subsidiary 'SN Solar Mangaluru Private Limited' on August 31, 2026
- Subscribed to 100% equity stake for a cash consideration of Rs 1,00,000
- Authorized share capital set at Rs 10,00,000 (1,00,000 equity shares of Rs 10 each)
- Objective is to develop, operate, and maintain grid-connected Solar PV power projects
Source Natural Foods and Herbal Supplements Ltd is diversifying into the renewable energy sector by incorporating a wholly owned subsidiary, SN Solar Mangaluru Private Limited. The new entity will focus on developing and operating grid-connected Solar PV power projects. This represents a significant strategic shift for the company, which currently operates in the pharmaceutical/herbal industry with a net worth of ₹26 Cr. The investment will be made via cash consideration at face value, though the specific initial capital outlay has not yet been disclosed.
- 100% ownership in the newly proposed subsidiary SN Solar Mangaluru Private Limited
- Board of Directors authorized the incorporation on August 10, 2026
- Company currently maintains a Net Worth of ₹26 Cr and Debt of ₹8 Cr
- The subsidiary will focus on grid-connected Solar PV power projects in India
Source Natural Foods has approved a strategic diversification into the renewable energy sector by undertaking a 1.782 MW grid-connected rooftop Solar PV project. The project will operate under the RESCO/OPEX model, where the company handles development, installation, and maintenance for a client. While the board approved Q1 FY27 financial results, the specific P&L figures were not detailed in the narrative of the filing. This move represents a significant business pivot for a micro-cap company with a Rs 71 Cr market cap and Rs 70 Cr TTM revenue.
- Approved a 1.782 MW (1,782 kWp) grid-connected rooftop Solar PV Project
- Entered into a Term Sheet and Commercial Framework with a client as the Power User
- Project to be executed under the RESCO/OPEX business model
- Board authorized the incorporation of new Wholly Owned Subsidiaries to facilitate expansion
- Q1 FY27 financial results approved but specific revenue/PAT figures not disclosed in the announcement text
Source Natural Foods and Herbal Supplements Ltd has approved its Q1 FY27 financial results and announced a strategic diversification into the renewable energy sector. The company plans to develop a 1.782 MW (1,782 kWp) grid-connected rooftop Solar PV project under the RESCO/OPEX model. A non-binding Term Sheet has been signed for development, installation, and maintenance, marking a significant shift for the Rs 71 Cr market cap pharmaceutical company. Additionally, the board has authorized the incorporation of new subsidiaries to facilitate this expansion.
- Approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
- Announced a 1.782 MW (1,782 kWp) grid-connected rooftop Solar PV Project under the RESCO/OPEX model.
- Signed a Term Sheet and Commercial Framework with a client for power generation and maintenance.
- Delegated authority to the Managing Director and Executive Director for incorporating new subsidiaries.
- The project is subject to final site inspection, feasibility studies, and execution of a definitive Power Purchase Agreement (PPA).
Source Natural Foods and Herbal Supplements Ltd has scheduled a board meeting for August 10, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. This follows a strong FY26 where annual revenue grew 56.7% to ₹70.38 Cr compared to ₹44.92 Cr in FY25. The trading window for designated persons has been closed since July 1, 2026, and will reopen 48 hours after the results are declared. Investors will be monitoring if the company can sustain its TTM operating profit margin of 9.0%.
- Board meeting date set for August 10, 2026, to approve Q1 results.
- Trading window closed from July 1, 2026, until 48 hours post-announcement.
- Company reported a TTM revenue of ₹70 Cr against a market cap of ₹71 Cr.
- Previous quarter (Mar 2026) revenue stood at ₹21.03 Cr with an EPS of ₹1.93.
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