Shares of Krishival Foods, a small-cap FMCG company, continue their impressive rally in 2025, trading close to their 52-week high after the board approved a significant fundraising plan.
The stock gained nearly 1% during Thursday's trading session, reaching ₹480.25 per share. This puts the company's stock price just 5% away from its 52-week high of ₹508 recorded earlier.
Remarkable Year-to-Date Performance
Krishival Foods has emerged as a standout multibagger stock in the small-cap space, delivering exceptional returns to its shareholders. The FMCG stock has surged over 91% in year-to-date terms, effectively nearly doubling investors' wealth since the beginning of 2025.
The recent price movement comes on the back of a major corporate announcement that has generated positive sentiment among market participants.
Board Approves ₹100 Crore Fundraising Plan
In an exchange filing made public on November 27, 2025, Krishival Foods announced that its board of directors had approved fundraising through a rights issue during a meeting held on November 26, 2025.
The company plans to raise up to ₹10,000 lakhs (₹100 crore) by offering partly paid-up equity shares to existing shareholders. These equity shares will have a face value of ₹10 each and will be issued through a rights issue to eligible equity shareholders.
The company stated that the board will subsequently determine the specific terms and conditions of the rights issue, including the issue price, rights entitlement ratio, record date, and payment schedule.
Strong Quarterly Results Fuel Optimism
The fundraising announcement follows the company's robust financial performance for the second quarter of fiscal year 2026.
Krishival Foods reported a net profit of ₹5.62 crore for Q2 FY26, representing a healthy 13.8% increase compared to the ₹4.94 crore recorded in the same quarter last year.
More impressively, the company's operating revenue witnessed substantial growth, jumping 50% year-on-year to ₹66.67 crore from ₹44.59 crore in the corresponding quarter of the previous fiscal year.
The revenue breakdown shows strong performance across both business segments. The nuts division generated ₹53.05 crore in revenue, while the ice cream business contributed ₹13.62 crore to the top line.
Sujit Bangar, Chairperson & Whole-Time Director of Krishival Foods, attributed the strong performance to distribution expansion in Tier II and III markets and robust traction in modern trade and quick commerce channels.
Bangar emphasized that both the dry fruits, nuts, and ice cream segments are growing according to plan, and the company remains committed to investing in capacity building and optimizing existing facilities.
The combination of strong financial results, expansion plans, and the proposed rights issue has created positive momentum for the stock, positioning Krishival Foods as one of the notable performers in the small-cap FMCG space this year.
