Nutrifresh revenue jumps 51% to ₹219 crore in FY26, targets ₹400 crore in FY27

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The agri-food company is bringing more farmland into production, expanding its customer base and preparing to scale operations across southern India.

By BL Bengaluru Bureau

Updated - October 16, 2026 at 07:55 PM.

Nutrifresh Co-founder, CEO and Whole-Time Director Sanket Mehta said the company is expanding its farming capacity to meet demand for residue-free produce.

Integrated agri and food company Nutrifresh said its revenues grew 51 per cent to ₹219.3 crore in FY26 from the previous year. The company is targeting revenue of ₹400 crore in FY27, as 105 acres of farms near Pune come into production, in addition to the 83 operational acres, as it gears up to expand in the South.

Expansion plans and investment in smart agriculture

Over the past 12 months, the company and Rural Enhancers Group signed a 1,000-acre smart-agriculture MoU with the Government of Maharashtra in FY26 to scale technology-led farming in the state. It also secured a ₹90 crore first tranche from the U.S. International Development Finance Corporation (DFC), part of a proposed ₹400 crore investment to expand its controlled environment agriculture infrastructure. Its land bank has grown by 105 acres at Warwadi and Pisavare near Pune, now under construction, adding to the 83 acres it already farms.

B2B network spans India and overseas markets

Nutrifresh now supplies more than 100 high-volume B2B customers across hotels, restaurants, modern retail, and quick commerce. These include Swiggy, Zepto, Flipkart Minutes, BigBasket, Reliance Fresh, Nature’s Basket, IHCL, and Taj SATS. Its produce reaches buyers in 15 Indian states as well as the UAE, the Maldives and Singapore.

Sanket Mehta, Co-founder, CEO & Whole-Time Director, Nutrifresh, said, “Nutrifresh’s growing business is proof that controlled environment agriculture can work at scale in India and work profitably. We grow close to the cities we serve, sell to businesses rather than chase consumers, and invest only in the technology the crop needs. That is why we have achieved consistent growth over the years and will continue to do so. Our customers, from quick commerce platforms to hotel chains, want residue-free produce every day of the year, and we are building the capacity to give it to them.”

FY27 revenue target and southern expansion

For FY27, Nutrifresh expects revenue of ₹400 crore and will roughly triple the company’s productive footprint. The company is also preparing for major geographical expansion across southern India. Alongside its own farms, Nutrifresh is scaling its Joint Farming operations, partnering with farmers on their land to add capacity without heavy capital outlay. The long-term aim is to support more than 25,000 farmers, it said.

Published on October 15, 2026

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