LT Foods

LT Foods achieved its highest ever quarterly revenue of Rs 2,772 crores in Q2 FY26, representing 30% growth (12% normalized growth excluding Golden Star and U.S. Tariff). EBITDA reached Rs 316 crores with 24% growth compared to Q2 FY25. For the first half of FY26, the company reported record revenue of Rs 5,273 crores with 25% year-on-year growth and EBITDA of Rs 619 crores with 20% growth. EBITDA margin stood at 11.4% for Q2 FY26, down 60 basis points from 12% in Q2 FY25, primarily due to increased brand investment and strategic digitalization initiatives. The company strategically expanded into the European processed food market through acquisition of Hungary-based Global Green Kft at an enterprise value of $25 million. North America accounts for 46% of revenue with 47% year-on-year growth, while India contributes 30% with 13% growth. The organic segment delivered 26% year-on-year growth in the first half. A public hearing was conducted regarding Countervailing Duty for Ecopure Specialities Ltd, with final determination expected by November 17, 2025. The company maintains CRISIL AA-/A1 credit rating with positive outlook.

LT Foods launched a four-week nationwide initiative called 'Rice Your Awareness' under its flagship brand DAAWAT to promote conscious conversations around rice consumption. The campaign features 'Only Rice November,' a nationwide challenge encouraging mindful rice consumption through a dedicated online portal offering expert-curated meal plans by nutritionists. The initiative involves popular fitness experts and over 500 nutrition-focused influencers, with actor Neha Dhupia among early participants. The movement gained over 10,000 participants on its launch day. The company aims to highlight the nutritional benefits and versatility of Basmati rice while addressing myths around rice consumption. LT Foods is a global FMCG company in the consumer food space, operating in over 80 countries with flagship brands including DAAWAT and Royal, and reported consolidated revenue of around Rs. 8,770 crores in FY25.

LT Foods projects 15% normalized revenue growth in FY26, driven by its Global Green Europe acquisition which will add €40 million in turnover, rising basmati exports, and premiumisation in ready-to-heat and organic segments. The company has set targets of achieving EBITDA margins above 14% within four years and a return on capital employed (ROCE) of 22%. LT Foods plans sustained global expansion across 80+ countries, with a current market capitalization of ₹14,000 crores and an AA credit rating.