DSM Fresh Foods, the parent company of omnichannel meat delivery and processed foods brand Zappfresh, reported a 58% year-on-year growth in its revenue from operations to around Rs 74 crore during the first quarter of FY27, according to its provisional business update filed with the stock exchanges. Following the completion of the Meevaa Foods acquisition in the first week of July, the combined business currently operates at an approximate pro forma quarterly revenue run rate of Rs 85 crore, including Meevaa. The company attributed the growth to retail expansion, wider omnichannel distribution and higher traction across its consumer and institutional businesses. During the quarter, DSM Fresh Foods added over 70 enterprise customers across domestic and export markets. It also expanded its presence across e-commerce, quick commerce and modern retail channels, with Blinkit deliveries commencing in Mumbai. Zappfresh expanded its retail footprint to nearly 200 co-branded outlets, surpassing its FY27 target of 150 outlets ahead of schedule. The company plans to accelerate its retail expansion through FY27 as it seeks to increase the contribution of its higher margin B2C business. On the supply side, the company onboarded 10 new sourcing partners and initiated 270 acre land aggregation as part of its backward integration efforts. DSM Fresh Foods now works with more than 1,700 seafood farmers across its sourcing ecosystem. It also incorporated Varuna Aquatech Pvt Ltd to support the long term development of its aquaculture platform. Internationally, the company expanded its distribution network across the UK, Canada and GCC markets and onboarded a distribution partner in Dubai. DSM Fresh Foods reiterated its FY28 guidance of Rs 600 crore in revenue with an EBITDA margin of 18% to 20%, backed by retail expansion, value added products and deeper backward integration across its farm to fork platform. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
