FarMart Achieves EBITDA Profitability in Q4 FY26; Hits ₹3,600 Crore Revenue Run Rate

In a landmark achievement for the Indian agritech sector, Gurugram-based agrifood platform FarMart has reported a stellar close to the 2025-26 fiscal year (FY26). The company announced that it achieved EBITDA profitability in the fourth quarter (Q4) for the first time, while simultaneously hitting an annualized revenue run rate of $400 million (~₹3,600 crore).

Exponential Growth: 50% Surge in GOV

FarMart’s financial health showed robust improvement across all key metrics. According to the company’s latest performance report:

• FY26 Gross Order Value (GOV): Crossed ₹2,800 crore.
• Year-on-Year Growth: A massive 50% increase compared to ₹1,961 crore in FY25.

This growth was primarily driven by increasing the “wallet share” of its existing base of 300 enterprise customers across more than 40 food categories. The company also integrated AI-powered workflows to optimize sourcing, quality control, logistics, and payment cycles, significantly improving operational efficiency.

Leadership Insight: Efficiency through AI

Alekh Sanghera, Co-Founder and CEO of FarMart, commented on the milestone:

“Over the last few years, we have stayed focused on solving one core problem: how to make food supply chains move with greater efficiency, predictability, and trust. We believe the future of agrifood will be built on AI-led coordination and capital-efficient infrastructure that can serve the ecosystem at scale.”

Strategic Evolution: From Equipment Rental to B2B SaaS

Founded in 2015, FarMart has undergone a significant transformation. Starting as a marketplace for renting farm equipment, the company pivoted to become a B2B SaaS-led agrifood platform. Having raised over $50 million from top-tier investors like General Catalyst, Omidyar Network, and Stride Ventures, the company has successfully navigated the challenging startup landscape to reach the profitability threshold.

Expanding Horizons: Consumer Brands and Global Markets

FarMart is aggressively diversifying its portfolio to include high-margin segments:

• Consumer Products: Its direct-to-consumer brands, ‘Pantry’ and ‘TrulySafe’, have achieved a ₹60 crore revenue run rate within just 10 months of launch.
• Global Footprint: The platform has expanded its operations into international corridors across Africa and the Middle East.
• M&A Activity: The company is reportedly in advanced talks to acquire a nutrition-focused brand to bolster its consumer offerings.

Impact and Sustainability

Beyond the balance sheet, FarMart’s ecosystem has created significant social and environmental value in 2025:

• Worked with over 4.8 lakh farmers.
• Facilitated payments worth more than ₹2,340 crore.
• Prevented over 18,000 metric tonnes of food loss.
• Reduced carbon emissions by 23,000 tonnes and saved billions of liters of water through supply chain optimization.

Conclusion

FarMart’s shift to profitability signals a maturing agritech market in India, where sustainable business models are replacing “growth at all costs.” As the company moves into FY27, it aims to position itself as the default infrastructure layer for the global agrifood ecosystem.

Disclaimer: This report is based on the company’s press release and unaudited financial data for Q4 FY26. For specific investment advice, please consult a financial professional. This article is for informational purposes only.