NHC Foods Share Price: Stock Hits 5% Upper Circuit After 2 Acquisitions

NHC Foods shares hit the 5% upper circuit on September 17 after the company announced plans to acquire controlling stakes in two food and beverage companies, Lotmor Brands and Walya’s Beverages.

The proposed transactions would give NHC Foods up to 88% of Lotmor Brands and up to 80% of Walya’s Beverages. The company said the acquisitions are aimed at expanding its presence across the food and beverage value chain.

NHC Foods share price today

Metric	Details
Previous close	Rs 2.01
Intraday high	Rs 2.11
Intraday move	5%
Market capitalisation	Around Rs 198 crore
1 year return	Around 88%

The stock reached Rs 2.11 during Thursday's session, compared with its previous close of Rs 2.01.

NHC Foods acquisition details

Company	Proposed stake	Consideration
Lotmor Brands	Up to 88%	Rs 6.50 per share
Walya’s Beverages	Up to 80%	Rs 6.50 per share

The consideration can be paid in cash or through the issue of NHC Foods equity shares at Rs 6.50 per share. The company has also stated that the price may be determined after six months in accordance with SEBI ICDR regulations.

Lotmor Brands operates across food and beverage trading, manufacturing and distribution. It has a presence across more than 20 states and around 22,000 retail outlets, including partnerships with Reliance Smart, D Mart and quick commerce platforms.

Walya’s Beverages operates across manufacturing, trading, wholesaling, import and export of food and beverage products. Its FY25 turnover was reported at around Rs 0.22 crore. Lotmor Brands reported FY25 turnover of around Rs 1.8 crore.

Why NHC Foods is expanding into beverages

The acquisitions could broaden NHC Foods beyond its existing agricultural commodity processing and trading operations. The company plans to integrate the acquired businesses with its existing sourcing, processing and distribution capabilities.

NHC Foods Managing Director Satyam Shirishchandra Joshi said the company intends to build links between sourcing, processing, distribution and end markets rather than operate the businesses separately.

The company had also signed an MoU with Lotmor in July 2025 regarding potential manufacturing rights for beverages and similar products, indicating that its interest in the beverage segment predates the latest acquisition proposal.

NHC Foods financial performance

Metric	Q1 FY26	Q1 FY27	Growth
Revenue	Rs 111 Cr	Rs 370 Cr	235%
EBITDA	Rs 3.39 Cr	Rs 20.9 Cr	515%
Net profit	Rs 1.66 Cr	Rs 17 Cr	931%

The sharp improvement in quarterly financial performance has added to investor attention around the company. However, the proposed acquisitions are still subject to the relevant completion conditions and should be assessed separately from the reported quarterly results.

What investors should watch

Investors will track the final transaction terms, funding method, integration of the acquired businesses and their contribution to NHC Foods' revenue and profitability.

The company has also been expanding its capital base and has entered into a binding Heads of Terms for a proposed manufacturing facility in Liberia, adding further expansion plans to its business strategy.