LT Foods Limited has informed the stock exchanges about a scheduled physical investor meeting. The intimation, dated May 19, 2026, was addressed to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The company's Chief Corporate Development Officer and Chief Financial Officer are scheduled to attend the meeting. The key details of the interaction are as follows:

Regulatory Compliance

The disclosure was made to ensure timely information regarding the meeting with the institutional investor. The communication was signed by Monika Chawla Jaggia, Company Secretary & Compliance Officer (Membership No. F5150), on behalf of LT Foods Limited.

LT Foods has announced its audited consolidated financial results for the quarter and financial year ended March 31, 2026, with the Board of Directors approving the results at their meeting held on May 14, 2026. The audited financial results were subsequently published in Financial Express and Jansatta on May 16, 2026, in compliance with Regulation 33 of SEBI's Listing Obligations and Disclosure Requirements. The company reported a consolidated net profit of ₹625 crore for the full year FY26, representing a 2.2% increase compared to ₹612 crore in the previous year. Total revenue for the year stood at ₹11,023 crore, a 26% growth over the previous year, while EBITDA rose 16% to ₹1,236 crore. Revenue from operations for the year surged 26.1% to ₹10,945.56 crore from ₹8,681.47 crore in FY25. The company's market capitalisation stood at INR 12,600 crores+ as on March 31, 2026, with a share price of INR 363.20 on BSE. In compliance with Regulation 30 read with Clause 15 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, the audio recording of the investors/analysts call held on May 15, 2026 at 3:00 PM (IST) has been made available, with the transcript to be disseminated to the stock exchanges and hosted on the company's website within prescribed timelines.

Key Financial Metrics

The following table summarises the consolidated financial performance for the year ended March 31, 2026:

For Q4 FY26, the company reported a consolidated net profit of ₹136 crore, a decrease from ₹161 crore in the same quarter last year. Revenue for Q4 stood at ₹2,938 crore, up 30% year-on-year from ₹2,260 crore. Q4 EBITDA came in at ₹300 crore compared to ₹290 crore in the same quarter last year, while the reported EBITDA margin stood at 10.2% versus 12.8% year-on-year. Total comprehensive income for the year increased to ₹770.96 crore from ₹641.15 crore in the previous year.

Standalone Financial Performance

In addition to consolidated results, the company also reported standalone financial results for the quarter and year ended March 31, 2026. The table below presents the key standalone metrics:

Reported vs Normalised Margin Profile

The company's reported margins for FY26 and Q4 FY26 were affected by a zero-margin US tariff pass-through (FY26: ₹561 crore; Q4 FY26: ₹229 crore) and a CIF to C&I freight reclassification, neither of which impacted absolute EBITDA in rupees. The table below presents the reported and normalised margin profile:

The normalised gross profit margin expanded by approximately 130 bps year-on-year in FY26, while the normalised EBITDA margin remained close to the FY25 level.

Segment and Business Performance

The investor presentation provides a detailed breakdown of performance across all three business segments for FY26 and Q4 FY26:

The Basmati and Specialty Rice segment's normalised growth stood at 21% excluding the US tariff impact. The Organic Foods and Ingredients segment, while crossing Rs. 1,016 crore in revenue, is noted to be under stress and has been strategically remodelled for the next phase of growth; FY26 performance was impacted by capacity expansion and infrastructure build in Europe, initial investments towards scaling the Consumer Packaged Goods (CPG) business, and legal and related costs pertaining to the Countervailing Duty (CVD) matter. The Ready-to-Eat and Ready-to-Cook business reached INR 187 crore in FY26, growing approximately 2.5x over FY21–FY26, though certain growth opportunities could not be fully serviced due to capacity constraints in the Ready-to-Heat platform; enhanced capacities are expected to become operational from the second quarter.

The India business delivered 10% value and 12% volume growth for the year. Quick commerce and e-commerce channels grew in excess of 45%, while the premium segment grew at 2X the pace of the overall consumer portfolio. Household reach in India rose to 64.4 lakhs, a 22.8% expansion over the last 15 months, with a market share of 23.7%.

North America remained the largest market, contributing 48% of the revenue mix in FY26 and delivering 53% growth (9% on a normalised basis). The flagship brand Royal® commands over 60% market share in the region. Europe delivered 34% revenue growth in FY26, with LT Foods Europe receiving the "New Entrant" Award at the 15th Annual Department for Business and Trade Investment Awards for its expansion into the UK market. DAAWAT® Extra Long Basmati was also recognised as 'Product of the Year 2026' in the UK. In Saudi Arabia, the company expanded its branded presence with Rs. 23 crore in revenue and successfully launched DAAWAT® Mazza Basmati Rice.

Capital Allocation and Efficiency Metrics

The company demonstrated disciplined capital allocation during FY26. The following table presents key balance sheet efficiency and return metrics:

Working capital days improved from 196 to 176 days year-on-year, reflecting tighter operational management across inventory and receivables cycles.

Reasons for Q4 Margin Contraction

The optical margin contraction in Q4 FY26 reflects a combination of accounting pass-throughs, planned reinvestments, and transitional factors, as detailed below:

CVD Update

Regarding the Countervailing Duty (CVD) investigation concerning imports of certain rice products into the United States, the preliminary CVD rate applicable to the company was reduced from 340.27% to 75.48% via the US Department of Commerce's final order dated February 23, 2026. The company's subsidiary Ecopure Specialties Limited filed a summons with the United States Court of International Trade (U.S. CIT) on March 27, 2026, followed by an appeal on April 27, 2026. On May 11, 2026, the U.S. CIT issued an injunction enjoining the liquidation of the company's entries until the final outcome of the proceedings. The company continues to pursue appropriate legal remedies and, based on legal opinion and management assessment, does not expect a material impact on its financial results.

Golden Star Acquisition

During the year, LT Foods Americas Inc. (LTFA), a subsidiary of the company, acquired the remaining 49% stake in Golden Star Trading Inc. (GS) on May 22, 2025, for a cash consideration of USD 15 million (₹12,849.80 lakhs), making GS a wholly owned subsidiary of the Group. LTFA had originally acquired a 51% stake in GS in June 2022 for a consideration of USD 8.16 million (₹6,708.90 lakhs). Pursuant to obtaining control, LTFA remeasured its previously held 51% equity interest at fair value and recognised a gain of ₹534.10 lakhs in the consolidated financial results under Other Income.

Dividend Declaration

The Board of Directors has recommended a final equity dividend of Re. 1 per equity share of face value Re. 1 each for the financial year 2025-26. This is in addition to the interim dividend of ₹2 per share already paid during the year, bringing the total dividend for FY26 to ₹3 per share. The final dividend is subject to the approval of shareholders at the ensuing Annual General Meeting.

Corporate Governance and ESG Updates

The Board approved the appointment of Mr. Raj Kumar Jain as an Additional Independent Director for a term of five years effective from May 14, 2026, to May 13, 2031, subject to shareholder approval by way of a postal ballot. Additionally, the Board reconstituted various committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, effective from May 14, 2026.

Managing Director & CEO Mr. Ashwani Arora noted that the company achieved an ESG Rating Score of 72 and has been classified as a 'Leader' by NSE Sustainability Ratings & Analytics Ltd. LT Foods has also been certified as a Great Place To Work® for the 7th consecutive year. The company's five-year revenue CAGR stands at 18% and five-year PAT CAGR at 17%, underpinning its long-term growth trajectory.