DSM Fresh Foods saw its shares rise by 2.35 percent to ₹181 on the Bombay Stock Exchange on Friday afternoon, reaching an intraday high of ₹188.90. This surge followed the company’s first financial results since its listing, which were met with positive investor sentiment. The Gurugram-based operator of the Zappfresh brand reported significant growth in the first half of FY26.
For the six months ending September 30, 2025, the company recorded a 188 percent year-on-year increase in both earnings before interest, taxes, depreciation, and amortization (EBITDA) and profit after tax (PAT). Revenue from operations grew by 43 percent, reaching ₹95.85 crore compared to ₹66.92 crore during the same period the previous year, while PAT nearly tripled to ₹7.03 crore from ₹2.44 crore.
Founder and CEO Deepanshu Manchanda noted that the revenue for H1 FY26 already constitutes 73 percent of the total for the prior fiscal year, with the entire profit before tax for FY25 achieved within just six months. Manchanda attributed this robust performance to the company’s integrated supply chain, enhanced fulfillment efficiency, and disciplined cost management practices.
The stock fell within a 52-week range of ₹120 to ₹200, recording a trading volume of 2.14 lakh shares and a turnover of ₹3.88 crore. DSM Fresh Foods, which operates a vertically integrated model supported by tech-enabled cold chain infrastructure, services urban markets across several major metropolitan areas. The company’s market capitalization currently stands at ₹403.40 crore.
Published on November 14, 2025.
