L T Foods Ltd
LT Foods Ltd. is a leading Indian-origin global FMCG company in the food and consumer goods space. It is a leading player globally in the specialty Rice and rice-based foods business for over the last 70 years.[1]
- Market Cap ₹ 14,569 Cr.
- Current Price ₹ 420
- High / Low ₹ 491 / 332
- Stock P/E 54.1
- Book Value ₹ 58.7
- Dividend Yield 0.72 %
- ROCE 16.5 %
- ROE 12.8 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 41.5%
Cons
- Stock is trading at 7.14 times its book value
- The company has delivered a poor sales growth of 11.1% over past five years.
- Company has a low return on equity of 11.6% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,808 | 1,814 | 2,052 | 2,139 | 2,193 | 2,350 | 2,383 | 2,840 | 3,915 | 4,020 | 4,085 | 4,040 | 4,357 | |
| Sales growth | +1% | +0% | +13% | +4% | +2% | +7% | +1% | +19% | +38% | +3% | +2% | -1% | +7% |
| 1,681 | 1,676 | 1,899 | 2,000 | 2,025 | 2,178 | 2,199 | 2,660 | 3,688 | 3,781 | 3,828 | 3,749 | 3,991 | |
| Operating Profit | 127 | 138 | 153 | 140 | 168 | 172 | 184 | 180 | 227 | 239 | 257 | 291 | 365 |
| OPM % | 7% | 8% | 7% | 7% | 8% | 7% | 8% | 6% | 6% | 6% | 6% | 7% | 8% |
| 34 | 26 | 24 | 17 | 15 | 27 | 22 | 24 | 37 | 29 | 70 | 88 | 70 | |
| Interest | 90 | 91 | 107 | 85 | 76 | 60 | 34 | 23 | 24 | 19 | 19 | 28 | 38 |
| Depreciation | 29 | 26 | 23 | 18 | 23 | 26 | 26 | 32 | 29 | 39 | 39 | 45 | 52 |
| Profit before tax | 43 | 47 | 47 | 54 | 83 | 113 | 146 | 149 | 211 | 211 | 269 | 307 | 345 |
| Tax % | 28% | 35% | 37% | 22% | 35% | 24% | 27% | 25% | 24% | 24% | 21% | 21% | |
| 31 | 30 | 30 | 42 | 54 | 85 | 106 | 112 | 160 | 160 | 212 | 243 | 269 | |
| EPS in Rs | 1.16 | 1.14 | 1.12 | 1.31 | 1.70 | 2.66 | 3.33 | 3.51 | 4.62 | 4.60 | 6.11 | 7.01 | 7.76 |
| Dividend Payout % | 17% | 13% | 13% | 11% | 9% | 19% | 30% | 28% | 22% | 33% | 49% | 43% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 11% |
| 3 Years: | 1% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 18% |
| 3 Years: | 14% |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 43% |
| 3 Years: | 29% |
| 1 Year: | 4% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 26 | 27 | 27 | 32 | 32 | 32 | 32 | 32 | 35 | 35 | 35 | 35 | 35 |
| Reserves | 276 | 302 | 337 | 749 | 810 | 839 | 934 | 1,012 | 1,533 | 1,659 | 1,766 | 1,887 | 2,005 |
| 961 | 863 | 884 | 686 | 664 | 568 | 382 | 295 | 47 | 73 | 124 | 133 | 290 | |
| 160 | 141 | 123 | 142 | 192 | 167 | 222 | 551 | 386 | 583 | 760 | 978 | 897 | |
| Total Liabilities | 1,422 | 1,333 | 1,371 | 1,608 | 1,697 | 1,606 | 1,570 | 1,890 | 2,000 | 2,350 | 2,684 | 3,032 | 3,227 |
| 182 | 159 | 163 | 191 | 200 | 205 | 200 | 226 | 251 | 263 | 295 | 342 | 390 | |
| CWIP | 10 | 17 | 4 | 3 | 18 | 5 | 22 | 11 | 7 | 8 | 7 | 21 | 52 |
| Investments | 62 | 62 | 65 | 87 | 128 | 128 | 126 | 123 | 315 | 312 | 422 | 467 | 517 |
| 1,169 | 1,094 | 1,140 | 1,327 | 1,352 | 1,268 | 1,222 | 1,529 | 1,427 | 1,767 | 1,960 | 2,203 | 2,269 | |
| Total Assets | 1,422 | 1,333 | 1,371 | 1,608 | 1,697 | 1,606 | 1,570 | 1,890 | 2,000 | 2,350 | 2,684 | 3,032 | 3,227 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | 206 | 88 | -26 | 194 | 200 | 273 | 186 | 127 | 77 | 252 | 211 | |
| -36 | -11 | -13 | -68 | -94 | -0 | -38 | -31 | -232 | -21 | 6 | -58 | |
| 31 | -192 | -78 | 92 | -99 | -201 | -234 | -147 | 94 | -39 | -212 | -159 | |
| Net Cash Flow | -5 | 3 | -3 | -2 | 1 | -1 | 1 | 8 | -10 | 17 | 46 | -6 |
| Free Cash Flow | -33 | 197 | 77 | -71 | 146 | 186 | 235 | 141 | 80 | 36 | 208 | 138 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 13% | 163% | 65% | 9% | 133% | 134% | 170% | 123% | 76% | 56% | 122% | 89% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 39 | 54 | 58 | 60 | 52 | 38 | 20 | 30 | 18 | 20 | 17 | 16 |
| Inventory Days | 168 | 179 | 155 | 185 | 188 | 164 | 194 | 198 | 138 | 163 | 182 | 225 |
| Days Payable | 19 | 20 | 14 | 22 | 28 | 22 | 36 | 86 | 39 | 59 | 80 | 106 |
| Cash Conversion Cycle | 188 | 213 | 199 | 223 | 212 | 180 | 178 | 141 | 117 | 124 | 119 | 136 |
| Working Capital Days | 15 | 15 | 20 | 84 | 76 | 76 | 88 | 81 | 89 | 97 | 90 | 94 |
| ROCE % | 11% | 11% | 13% | 10% | 11% | 12% | 13% | 13% | 16% | 14% | 15% | 16% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Sep 2019 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Royal Brand - US Basmati Rice Import Market Share % |
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| India Retail Outlets Reached Number of outlets |
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| Organic Farmland (Sourcing Area) Hectares |
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| Basmati & Other Specialty Rice Volume MT |
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| Branded Share of Total Revenue % of total revenue |
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| India Basmati Branded Rice Market Share (Daawat) % (Nielsen MAT) |
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| Household Reach in India (Daawat) Lakh households (Kantar) |
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| India Paddy to Rice Milling Capacity (Annual) MT per year |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication for Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording released for October 28, 2026 investor call on Q2 FY27 results.
- Announcement under Regulation 30 (LODR)-Investor Presentation
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from nse
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Annual Report 2013
from bse
Concalls
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Nov 2026Transcript PPT REC
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Aug 2026Transcript PPT REC
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Jul 2026PPT
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May 2026Transcript
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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Jun 2025Transcript
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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Oct 2024PPT
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Jul 2024Transcript PPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT REC
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Jul 2023PPT
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May 2023Transcript PPT
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Jan 2023PPT
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Jan 2023PPT
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Nov 2022Transcript PPT
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Oct 2022PPT
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Jul 2022PPT
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Jun 2022Transcript PPT
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Jan 2022PPT
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Dec 2021PPT
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Oct 2021Transcript PPT
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Jul 2021PPT
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May 2021Transcript PPT
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Jan 2021Transcript PPT
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Oct 2020Transcript PPT
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Jul 2020Transcript PPT
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May 2020Transcript PPT
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Feb 2020Transcript PPT
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Nov 2019Transcript PPT
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Aug 2019Transcript PPT
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May 2019Transcript PPT
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Mar 2019PPT
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Feb 2019Transcript PPT
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Nov 2018Transcript PPT
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Sep 2018PPT
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Aug 2018Transcript PPT
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Aug 2018PPT
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Aug 2018PPT
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May 2018Transcript PPT
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Feb 2018Transcript PPT
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Nov 2017Transcript PPT
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Aug 2017Transcript PPT
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May 2017Transcript PPT
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Feb 2017Transcript PPT
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Nov 2016Transcript PPT
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Aug 2016PPT
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May 2016Transcript PPT
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Feb 2016Transcript PPT
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Jan 2016PPT
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Dec 2015PPT
Business Profile:[1]
LT Foods operates across
3 businesses:
- Basmati and specialty rice
- Organic foods and ingredients
- Health and convenience foods.
Its major brands include Daawat (India),
Royal (North America), Heritage (Canada),
Golden Star (USA), Ecolife (organic foods)
and Kari Kari (snacks). The business combines
rice sourcing, ageing, processing and packaging
with branded distribution across domestic and
international markets.[2]