Aelea Commodities Ltd — Q4 FY26 earnings call
Summary generated by AI from the official transcript Aelea Commodities Ltd filed with BSE on 28 May 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Aelea Commodities reported standalone FY26 revenue of Rs 363.12 crore, up 112.07% year-on-year, with EBITDA margin at 11.07% and PAT of Rs 21.19 crore. Consolidated FY26 revenue grew 109.46% to Rs 381.50 crore with PAT of Rs 21.32 crore versus Rs 1.16 crore in FY25. Management outlined a ten-year strategy through 2037 focused on expanding cashew processing capacity from 140 to 1,000 metric tonnes per day and diversifying into other nuts, fruits, and value-added fuel and food products.
Numbers mentioned
Revenue from operations: 189.50 crore rupees (H2 FY26)
p. 3
“Revenue from operations stood at 189.50 crore rupees.”
Devyani Vanapariya, page 3 of the filed PDF · View the filing
EBITDA: 24.82 crores rupees (H2 FY26)
p. 3
“EBITDA from Period came at 24.82 crores rupees with EBITDA margin of 13.10%.”
Devyani Vanapariya, page 3 of the filed PDF · View the filing
PAT: 12.35 crore rupees (H2 FY26)
p. 3
“While PAT profit after tax stood at 12.35 crore rupees with PAT margin of 6.52% compared to losses in corresponding period last year.”
Devyani Vanapariya, page 3 of the filed PDF · View the filing
Revenue from operations: 363.12 crore rupees (FY26)
p. 3
“Coming to FY26, revenue from operation increased to 363.12 crore rupees, registering a strong growth of 112.07% yearon-year basis.”
Devyani Vanapariya, page 3 of the filed PDF · View the filing
EBITDA margin: 11.07% (FY26)
p. 3
“EBITDA stood at 40.20 crore rupees, with EBITDA margin improving to 11.07 percentage reflecting better operational efficiencies and scale benefits.”
Devyani Vanapariya, page 3 of the filed PDF · View the filing
PAT: 21.19 crore rupees (FY26)
p. 3
“Profit after tax increased significantly to 21.19 crore rupees, while earning per sale for FY26 stood at rupees 10 or 40 paise compared to 65 paise in the previous financial year.”
Devyani Vanapariya, page 3 of the filed PDF · View the filing
Consolidated Revenue from operations: 207.81 crore rupees (H2 FY26)
p. 3
“Revenue from operations stood at 207.81 crore rupees.”
Devyani Vanapariya, page 3 of the filed PDF · View the filing
Consolidated EBITDA: 25.12 crore rupees (H2 FY26)
p. 3
“EBITDA for the half year was 25.12 crore rupees with EBITDA margin of 12.09%, while profit after tax stood at 12.61 crore rupees with PAT margin of 6.07 percentage compared to losses in corresponding period last year.”
Devyani Vanapariya, page 3 of the filed PDF · View the filing
Consolidated Revenue from operations: 381.50 crore rupees (FY26)
p. 3
“At FY26 Revenue from operation grew to 381.50 crore rupees, reflecting A year-on-year growth of 109.46 percentage.”
Devyani Vanapariya, page 3 of the filed PDF · View the filing
Consolidated PAT: 21.32 crore rupees (FY26)
p. 3
“Profit after tax increasing sharply to 21.32 crore rupees as compared to 1.16 crore in FY25 while earning percent improved to rupees 10.46.”
Devyani Vanapariya, page 3 of the filed PDF · View the filing
Capacity utilisation: 94-95% (current)
p. 12
“Yeah, now roughly around 94 - 95% fully utilized.”
Hozefa Jawadwala, page 12 of the filed PDF · View the filing
Raw cashew nut processed: 16,000 tonnes (H2 FY26)
p. 16
“We have processed somewhere around 16,000 tonnes of raw cashew nuts in the H2, more or less similar in the H1 as well, but it, it all depends upon what quality and all, so that is how you know the volume and the value will change.”
Hozefa Jawadwala, page 16 of the filed PDF · View the filing
African sourcing share: 95% (current)
p. 16
“We have roughly 95% of the entire processing depending on the African origins only.”
Hozefa Jawadwala, page 16 of the filed PDF · View the filing
Direct sourcing from Africa: 60-65% (current)
p. 20
“We have, we are more or less doing a similar thing. We are around 60, 65% right now doing through direct sourcing.”
Hozefa Jawadwala, page 20 of the filed PDF · View the filing
B2C share of sales: 1% (current)
p. 17
“So currently only 1% of our total sales is B2C.”
Hozefa Jawadwala, page 17 of the filed PDF · View the filing
Whole to pieces kernel mix: 63% whole, 37% pieces (FY26)
p. 14
“but on our average, we have sixty-three and thirty-seven percent ratio sixty-three percent being whole, thirty-seven percent being the pieces.”
Hozefa Jawadwala, page 14 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Revenue growth rate — FY27
stated conditionally by Hozefa Jawadwala
p. 10
“So, for FY27, we are likely to continue our growth rate.”
Hozefa Jawadwala, page 10 of the filed PDF · View the filing
EBITDA margin — 10 to 11%
stated firmly by Hozefa Jawadwala
p. 9
“No, so we have always maintained that we typically would operate around EBITDA margins of around 10 to 11%.”
Hozefa Jawadwala, page 9 of the filed PDF · View the filing
Finance cost / short-term borrowings — next year
stated as an aspiration by Hozefa Jawadwala
p. 9
“We would see on a similar lines the finance cost as we further deepen up ourselves.”
Hozefa Jawadwala, page 9 of the filed PDF · View the filing
CNSL oil and solar revenue contribution — H2
stated conditionally by Karan Singh
p. 11
“So actually, I'm just trying to understand when we extract the oil, do we already have like people who are ready to buy?”
Karan Singh, page 11 of the filed PDF · View the filing
Cashew consumption in India — around 700,000 tons · 2037
stated as an aspiration by Hozefa Jawadwala
p. 7
“We see a 5% CAGR for next 10 years in cashew.”
Hozefa Jawadwala, page 7 of the filed PDF · View the filing
Cashew processing capacity — 1000 metric tonne per day · 2037
stated as an aspiration by Hozefa Jawadwala
p. 7
“In the cashew space, we intend to build capacity up to 1000 metric tonne per day capacity.”
Hozefa Jawadwala, page 7 of the filed PDF · View the filing
Direct employment — around 3000 direct employments
stated as an aspiration by Hozefa Jawadwala
p. 8
“We look at creating around 3000 direct employments.”
Hozefa Jawadwala, page 8 of the filed PDF · View the filing
CNSL plant EBITDA margin contribution — 10% EBITDA · H2
stated conditionally by Hozefa Jawadwala
p. 14
“And it typically operates at a at a product level margin of 10% EBITDA.”
Hozefa Jawadwala, page 14 of the filed PDF · View the filing
Phase three capex — later part of the year
stated firmly by Hozefa Jawadwala
p. 15
“But from phase three perspective, that Capex is something which will happen in, in the later part of the year.”
Hozefa Jawadwala, page 15 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said they went deeper into the supply chain where no supplier credit is available, which raised finance costs but improved margins.
Answered by Hozefa Jawadwala
Asked by Karan Singh: Why did finance cost rise sharply this year?
p. 9
“So, Karan the way we approach this year, we actually went slightly deeper in the value chain.”
Hozefa Jawadwala, page 9 of the filed PDF · View the filing
Management said utilisation is around 94-95%.
Answered by Hozefa Jawadwala
Asked by Karan Singh: What is the current capacity utilisation?
p. 12
“Yeah, now roughly around 94 - 95% fully utilized.”
Hozefa Jawadwala, page 12 of the filed PDF · View the filing
Management said FY27 growth should be similar to the prior rate, but declined to comment on FY28 as too early.
Answered by Hozefa Jawadwala
Asked by Nripen Saha: What is the guidance for FY27 and FY28?
p. 10
“So, for FY27, we are likely to continue our growth rate.”
Hozefa Jawadwala, page 10 of the filed PDF · View the filing
Management said construction is nearly complete, subject to government approvals, and expected benefits from H2, with about 10% incremental EBITDA margin on that product.
Answered by Hozefa Jawadwala
Asked by Aryan: When will the CNSL extraction facility be commissioned and what will its margin contribution be?
p. 14
“We should be in the next 30 days able to complete the works before the approvals, government approval and everything is taken into account.”
Hozefa Jawadwala, page 14 of the filed PDF · View the filing
Management said roughly 95% is sourced from African origins and 5% locally, mostly via merchant traders.
Answered by Hozefa Jawadwala
Asked by Mr. Hitesh (chat): What is the RCN sourcing split between Africa and India?
p. 16
“So we have roughly 95% of the entire processing depending on the African origins only.”
Hozefa Jawadwala, page 16 of the filed PDF · View the filing
Management said they operate as a back-to-back player with impressed inventory levels, and absolute numbers will naturally grow with scale.
Answered by Hozefa Jawadwala
Asked by Mr. Chiradeep Rao (chat): How does the company manage working capital and debt as it grows?
p. 17
“We buy, we sell, we buy, we sell. We have a kind of an impressed inventory that we follow, and that is how we want to remain as such from a numbers perspective.”
Hozefa Jawadwala, page 17 of the filed PDF · View the filing
Management said B2C is currently 1% of sales but carries healthier margins of roughly 13-15% EBITDA.
Answered by Hozefa Jawadwala
Asked: What are the margin differentials between B2C and B2B business?
p. 17
“The margins are very healthy from when you typically go into the B2C segment side of it, roughly 13 to 15% on an EBITDA terms.”
Hozefa Jawadwala, page 17 of the filed PDF · View the filing
Management said growth would come from processing better quality raw material for higher recovery rates rather than added capacity.
Answered by Hozefa Jawadwala
Asked by Mohit Jangir: If capacity is fully utilised, where will FY27 growth come from?
p. 19
“If you have a material which is of a lower quality, it will still process and give you some conversion margins, but it will still give you a top line which is of a lower value, right?”
Hozefa Jawadwala, page 19 of the filed PDF · View the filing
Risks flagged
Slower arrival of raw material due to longer transit routes
p. 13
“we have seen the arrivals, the time for transit increasing, and that I think has, from whatever we are hearing now, should improve it and be better.”
Hozefa Jawadwala, page 13 of the filed PDF · View the filing
Currency and raw cashew nut price volatility from geopolitical tensions
p. 20
“You can see 50 paisa movements in, in dollar as very normal during the day.”
Hozefa Jawadwala, page 20 of the filed PDF · View the filing
Increased sea transit times due to longer shipping routes from Africa
p. 20
“the sea transit times have increased because of the longer routes that the ships are taking from, from getting it from Africa to India.”
Hozefa Jawadwala, page 20 of the filed PDF · View the filing
Uncertainty in the global economic and geopolitical environment
p. 20
“There is a state of confusion, but yeah, it's still food product.”
Hozefa Jawadwala, page 20 of the filed PDF · View the filing
Ground-mounted solar project delayed pending government approval
p. 11
“It's a ground mounted solar which is pending right now for the government approval with the changes that the government are making in the way, you know, the norms are being rechanged and the way you can consume solar power directly and indirectly.”
Hozefa Jawadwala, page 11 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.