PLY analytics

🚨 Akola Group Q3 FY2025/2026: One Segment Is Carrying the Business

Akola Group’s latest quarter was weaker YoY, but not particularly concerning in a broader historical context.

📉 Revenue declined 5% (11% based on corrected data) to €358M, and food production was the only growth driver (+6%).

🐔 Poultry continues to be the key profit engine, generating nearly 50% of total gross profit while contributing only around 25% of revenue.

⚠️ In Q3 FY2025/2026, operating profit fell 27% YoY (44% based on corrected data) to €10.2M. Almost all operating profit came from food production, while farming posted losses and the partners for farmers segment delivered only minimal profit.

💶 FCF over the last 12 months improved to €59M, with this quarter’s improvement being driven mainly by working capital movements rather than FFO generation.

Valuation metrics are relatively low: P/E 5.1x and EV/EBITDA 6.2x.

But the key question: is the business becoming too reliant on a single segment to sustain overall performance?


https://plymarkets.com/dashboard/groups/dabc12d0-2c61-4383-b024-22df7611fb0b/reports/5d6f92b4-84fa-460b-bc1b-505dece083d2