Consumer Defensive
Crizac Limited Partners with ETS to Expand Access to Toefl® and GRE® Preparation for Indian Students
Crizac Limited and ETS announce a strategic partnership to provide authorised TOEFL® and GRE® preparation for over 1 lakh Indian students pursuing higher edu.
Crizac Limited (NSE: CRIZAC) has announced a strategic partnership with ETS to expand access to authorised TOEFL® and GRE® preparation resources for more than one lakh study abroad aspirants across India. This collaboration aims to make official preparation resources more accessible, enabling students to prepare with greater confidence for admissions to universities across leading global study destinations.
Strategic Collaboration
By combining ETS’ globally trusted expertise in educational assessment and Crizac’s extensive student network, the collaboration aims to make high-quality preparation more accessible while helping students navigate a critical stage of their international education journey. Leveraging Crizac’s extensive global ecosystem of more than 14,000+ student recruitment partners recruiting students from 85+ countries, relationships with over 500+ universities in 14+ countries, and support for approximately 4,00,000 student applications annually, the collaboration is well positioned to significantly expand access to official ETS preparation resources for Indian students.
Impact on Indian Students
The initiative is designed to integrate official TOEFL® and GRE® preparation resources into students’ study abroad planning, enabling them to access trusted learning materials alongside expert guidance as they prepare applications to universities worldwide. As part of its continued investment in India, ETS plans to expand its network of official TOEFL® and GRE® test centres from more than 65 today to 100 over the next year, strengthening access to its globally recognised assessments nationwide.
The partnership reflects the growing emphasis on strengthening student preparedness through trusted assessment and official preparation resources, as India’s role in the global higher education ecosystem continues to expand. This strategic move by Crizac Limited and ETS is set to significantly enhance the educational opportunities available to Indian students aspiring to study abroad.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Crizac Limited
Crizac Limited belongs to the Consumer Defensive › Education & Training Services sector. Here’s a quick read on where the business and the stock stand today.
Crizac falls 8.9% over three months and has not found a floor yet. The PEG of 0.64 signals undervaluation relative to growth. It is a potential re-rating candidate. D/E stands at 0.00 with a 8.07% dividend yield. Furthermore, the business records zero revenue dips and zero loss quarters in five years — a fortress balance sheet. The stock sits at 12% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 30.1% and profits at 25.0% CAGR — a genuinely strong business. Nevertheless, the stock drops 8.9% in three months. The market sells the stock, not the story. Watch whether that changes at the next earnings. Check Fundamentals of Crizac Limited.
Consumer Defensive
Mangalam Global Enterprise Limited (mgel) Q2 FY27: PBT Rises 41.85% Yoy to ₹12.27 Crore; Strengthens NEAT Everyday Business Presence Across India
Mangalam Global Enterprise Limited (MGEL) reports Q2 FY27 PBT up 41.85% to ₹12.27 crore, revenue up 39.21% to ₹982.56 crore.
Mangalam Global Enterprise Limited (MGEL), an integrated agro-processing company, announced its financial results for Q2 FY27. The company reported consolidated revenue from operations of ₹982.56 crore, up 39.21% YoY from ₹705.80 crore in Q2 FY26. Profit Before Tax (PBT) stood at ₹12.27 crore, a 41.85% YoY increase from ₹8.65 crore in Q2 FY26.
Financial Highlights
The results reflect the company’s performance across its agro-processing value chain and ongoing business initiatives. Key financial highlights include:
Q2 FY27
• Profit Before Tax (PBT): ₹12.27 crore, up 41.85% YoY from ₹8.65 crore in Q2 FY26.
• Revenue from Operations: ₹982.56 crore, up 39.21% YoY from ₹705.80 crore in Q2 FY26.
• Adjusted EBITDA: ₹23.10 crore, up 38.57% YoY from ₹16.67 crore in Q2 FY26.
H1 FY27
• Profit Before Tax (PBT): ₹22.71 crore, up 32.65% YoY from ₹17.12 crore in H1 FY26.
• Revenue from Operations: ₹1934.63 crore, up 23.67% YoY from ₹1564.34 crore in H1 FY26.
• Adjusted EBITDA: ₹44.28 crore, up 32.57% YoY from ₹33.40 crore in H1 FY26.
MGEL continues to strengthen its integrated agro-processing operations, focusing on sourcing, processing, value addition, and exports across key product categories, including castor oil, wheat, and rice. The company is also developing its consumer wellness portfolio through NEAT Everyday, with a retail presence across Mumbai, Ahmedabad, and Indore.
Commenting on the results, Mr. Vipin Mangal, Chairman, Mangalam Global Enterprise Limited, said: “Our Q2 FY27 results reflect the performance of our businesses amid evolving market conditions. We remain focused on strengthening our core agro-processing operations, improving operational efficiencies, expanding exports, and developing value-added offerings across our portfolio. Our expansion into the consumer wellness segment through NEAT Everyday also broadens our business presence and enables us to respond to evolving consumer needs. Going forward, we will continue to focus on strengthening our capabilities and creating sustainable long-term value for our stakeholders.”
MGEL is the flagship company of the Mangalam Group, which has a legacy spanning over eight decades. The company operates across the agricultural and agro-processing value chain, with activities encompassing sourcing, processing, manufacturing, branding, and distribution of edible oils and agricultural commodities. MGEL has also expanded into the consumer wellness segment through NEAT Everyday, a direct-to-consumer brand offering products across cold-pressed Nutra & Vital oils, wellness supplements, gummies, Ayurvedic formulations, and personal care.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Mangalam Global Enterprise Limited
Mangalam Global Enterprise Limited belongs to the Consumer Defensive › Farm Products sector. Here’s a quick read on where the business and the stock stand today.
Mangalam holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 0.22 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock trades at 94% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 33.9%, profits at 52.7%, and the PEG sits at 0.22 — below its growth rate. That combination is rare. Check Fundamentals of Mangalam Global Enterprise Limited.
ABDL
Allied Blenders and Distillers Limited (abdl) Commences Commercial Operations at Moradabad Bottling Facility
Allied Blenders and Distillers Limited (ABDL) launches commercial operations at its Moradabad bottling facility, enhancing its manufacturing capacity by 6 mi.
Allied Blenders and Distillers Limited (ABDL) has announced the commencement of commercial operations at its newly established bottling facility in Moradabad, Uttar Pradesh. The unit, with an initial capacity of 6 million cases per annum, marks a significant milestone in ABDL’s integrated manufacturing programme to serve the state’s growing spirits demand.
Strategic Investment
The facility forms part of the assets acquired in January 2026 for approximately ₹70 crore and subsequently upgraded by ABDL with an investment of around ₹40 crore. The commissioning of this facility enhances the company’s bottling capacity in Uttar Pradesh and is expected to improve service efficiency while delivering cost benefits through increased in-house bottling and savings on franchise fees.
Growth in Uttar Pradesh
Uttar Pradesh, one of India’s fastest-growing spirits markets, is central to ABDL’s growth plans. The company has announced an investment of over ₹600 crore in the state, including the acquisition and upgradation of the Moradabad unit and the development of an integrated facility comprising a dual-mode distillery and additional bottling capacity.
Future Prospects
Commenting on the development, Mr. Amar Sinha, Managing Director, ABDL, said, “The commencement of operations at the Moradabad unit is an important step in strengthening ABDL’s manufacturing base and presence in Uttar Pradesh. Backward integration is a key pillar of our strategy, enabling greater control over the value chain, improved supply chain agility and stronger cost efficiencies. The unit will support our growth in the state and provide a platform for further integration, including increased captive ENA capacity. Uttar Pradesh is central to this backward integration journey. The state’s progressive excise policy framework and conducive investment environment provide a strong foundation for the industry’s long-term growth and bolster the state’s economy.”
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Allied Blenders and Distillers Limited
Allied Blenders and Distillers Limited belongs to the Consumer Defensive › Beverages – Wineries & Distilleries sector. Here’s a quick read on where the business and the stock stand today.
Allied gains 21.4% over three months and trades near its 52-week highs. The PEG of 0.23 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Thin margins at 5.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Buyers show up with 2.0x the volume of sellers. Moreover, they dominated on 19 of recent sessions versus 11 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 7.4%, profits at 422.6%, and the PEG sits at 0.23 — below its growth rate. That combination is rare. Check Fundamentals of Allied Blenders and Distillers Limited.
Consumer Defensive
Krishival Foods Limited (krishival) Appoints Vivek Kumar Jain as Chief Business Officer
Krishival Foods Limited (KRISHIVAL) appoints Vivek Kumar Jain as Chief Business Officer, leveraging his 25+ years of experience in scaling consumer businesses.
Krishival Foods Limited (KRISHIVAL) has appointed Mr. Vivek Kumar Jain as Chief Business Officer (CBO), effective from October 23, 2026. With over 25 years of experience across Nestlé and Tata Consumer Products, Mr. Jain brings extensive expertise in scaling consumer businesses and strengthening iconic brands. In his new role, Mr. Jain will spearhead Krishival Foods’ business strategy and growth initiatives.
Extensive Experience
Mr. Jain’s career includes diverse sales and business leadership roles across India and Thailand at Nestlé, and key contributions to scaling Modern Trade and E-commerce capabilities at Tata Consumer Products. His expertise in omnichannel expansion, including international markets, will be instrumental in Krishival Foods’ growth strategy.
Strategic Focus
In his new role, Mr. Jain will focus on driving profitability, expanding the product portfolio across domestic and international markets, and strengthening product and category management. He will also oversee scaling distribution channels, including General Trade, Modern Trade, E-commerce, Quick Commerce, and Exports.
Krishival Foods Limited continues to build its consumer foods platform through its healthy snacks and ice cream segments, with an emphasis on portfolio development, distribution expansion, and sustainable, profitable growth.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Krishival Foods Limited
Krishival Foods Limited belongs to the Consumer Defensive › Packaged Foods sector. Here’s a quick read on where the business and the stock stand today.
Krishival moves sideways over three months, with neither buyers nor sellers taking control. Thin margins at 6.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 61.1% and profits at 47.7% CAGR. Both numbers are exceptional. RSI stands at 30, well into oversold territory. Yet sellers still dominated on 17 of recent sessions versus 13 for buyers, so the pressure has not fully lifted. Revenue grows at 61.1% and profits at 47.7% CAGR, with D/E of 0.00. Meanwhile, the stock dips 6.5% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Krishival Foods Limited.
-
Industrials3 days agoZen Technologies Limited to Acquire Majority Stake in Cogknit Semantics
-
BAJFINANCE2 days agoBajaj Finance Limited (bajfinance) Q2 FY27: AUM, PBT Surge, ROE Hits 20.6%
-
Energy3 days agoOil India Limited (OIL) Achieves Landmark Milestone with Special CBM Block Signing
-
Consumer Defensive2 days agoKrishival Foods Limited (krishival) Appoints Vivek Kumar Jain as Chief Business Officer
-
AARTECH2 days agoAartech Solonics Limited’s Subsidiary Signs Mou for Energy Storage Cooperation
-
Industrials2 days agoWaaree Renewable Technologies Limited (waareertl) Q2 FY27: 36.53% Yoy Revenue Growth
-
Consumer Defensive2 days agoMangalam Global Enterprise Limited (mgel) Q2 FY27: PBT Rises 41.85% Yoy to ₹12.27 Crore; Strengthens NEAT Everyday Business Presence Across India
-
Basic Materials3 days agoVedanta Limited (vedl) Doubles Zinc Production Capacity in South Africa with $600 Mn Investment