Matco Foods Limited: performance and outlook

Matco Foods Limited (MFL) reported net sales of Rs16,478.18 million for 2026, down 38.18 percent from a year earlier, while net profit declined 37 percent to Rs260.443 million, Business Recorder reported. The company said it shifted its sales mix away from lower-margin bulk exports towards industrial ingredients, branded domestic goods and premium export products; gross margin consequently rose to 14.93 percent even as gross profit fell.

MFL’s 2026 unconsolidated accounts also reflect a restructuring that placed its rice and corn starch operations in subsidiaries, making the figures difficult to compare directly with 2025. Business Recorder noted that future results will depend substantially on subsidiary profitability, alongside the company’s efforts in product diversification, branding and operational efficiency. The report says sales were lower, but operating margin improved to 11.62 percent.