Pajson Agro India Ltd — earnings calls

Pajson Agro reported full-year FY26 total income growth of 37.19% to Rs 256.92 crores, with EBITDA up 24.98% and PAT up 21.4% year-on-year, while H2 FY26 saw margin compression to around 11% due to raw material price spikes, forex movement and shipping disruptions. Management described progress on its greenfield expansion in Vizianagaram, Andhra Pradesh, funded by IPO proceeds, with commercial production targeted from Q4 FY27 and capacity reaching 70,000 metric tons by FY30. The company also discussed its Royal Mewa consumer brand, which grew over 6.5 times during the year, and its raw material sourcing model spanning West Africa and India.