ADF Foods Begins Commercial Production at New Surat Plant

ADF Foods has started commercial output at its new Surat plant, which could add Rs 150‑200 crore of revenue and modestly lift margins as it ramps up.

• The greenfield facility in Gujarat’s Mega Food Park can produce 10,000 metric tonnes of frozen food annually, built with a Phase‑1 outlay of roughly Rs 90 crore.
• Operating at 70‑80 % capacity in year 1, the plant is expected to generate Rs 150‑200 crore of incremental revenue, depending on pricing and market uptake.
• Efficiency improvements are projected to raise the EBITDA margin by 1‑2 percentage points once the plant reaches optimal utilisation.
• The company anticipates a 12‑18 month ramp‑up to hit target utilisation, posing a short‑term risk that could delay the revenue boost.
• Ongoing demand for frozen foods and strict compliance with SEBI and food‑safety rules remain critical to sustaining the upside.