{
  "id": 9117034,
  "title": "Captain Fresh’s Revenue Jumps 52% To ₹5,169 Cr In FY26",
  "url": "https://urgent.news/2026/09/22/captain-freshs-revenue-jumps-52-to-5-169-cr-in-fy26",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T08:53:39.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/captain-freshs-revenue-jumps-52-to-%e2%82%b95169-cr-in-fy26/"
  },
  "original_language": "en",
  "account": "Captain Fresh, a Bengaluru-based B2B seafood brand, reported a significant 52% increase in revenue to ₹5,169 Cr in FY26, up from ₹3,397 Cr in the previous fiscal year. The company's adjusted EBITDA nearly tripled to ₹371 Cr compared to ₹136 Cr in FY25. Gross margin expanded to 23.5% in FY26 from 17% in FY25. While the company has not disclosed its bottom line, it claimed to remain profit after tax-positive. Captain Fresh is on track to achieve ₹10,000 Cr in revenue in FY27. The company's CFO and whole-time director, Mathew George, stated that the FY26 performance tested the industry due to tariffs and an unsettled trade environment, but the company emerged stronger than before. The company's debt-to-equity ratio was 1.6 for FY26, aiming to reduce to 1.3-1.5. Higher working capital requirements were noted due to inventory build-up to ensure uninterrupted customer supply amid global disruptions, which are expected to reverse as operating conditions normalize.",
  "summary": "IPO-bound B2B seafood brand Captain Fresh crossed the ₹5,000 Cr revenue mark in FY26, while its adjusted EBITDA nearly tripled…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}