LT Foods , a global FMCG company specializing in rice and rice-based products, has unveiled ambitious growth plans targeting a 15% normalized revenue growth by fiscal year 2026. The company's strategic initiatives, including recent acquisitions and focus on premium segments, are expected to drive this expansion.

Global Green Acquisition to Fuel Growth

LT Foods' recent acquisition of Global Green Europe is set to play a pivotal role in achieving its growth targets. The company projects that this strategic move will contribute an additional €40 million to its turnover. This acquisition not only strengthens LT Foods' footprint in Central and Southern Europe but also marks its entry into the €15 billion European processed canned food market.

Expanding Product Portfolio and Market Reach

The company is leveraging multiple growth drivers to achieve its targets:

1. Rising basmati exports
2. Premiumisation in ready-to-heat and organic segments
3. Sustained global expansion across 80+ countries

Financial Targets and Performance

LT Foods has set ambitious financial goals for the coming years:

The company's financial performance in the first half of FY 2026 demonstrates progress towards these goals:

Market Position and Credit Rating

LT Foods currently boasts a market capitalization of ₹14,000.00 crores and has achieved an AA credit rating, reflecting its strong financial position and growth prospects.

Management Commentary

Ashwani Kumar Arora, Managing Director & CEO of LT Foods, commented on the company's performance: "I am pleased to share that we have concluded the first half of FY'26 on a strong and positive trajectory. Our resilient business model, unwavering commitment to quality, and deep consumer insights have collectively enabled us to deliver a robust 25% growth in revenue, underscoring the strength and agility of LT Foods."

Arora also highlighted the company's focus on digital transformation and strategic partnerships to build a stronger, future-ready LT Foods.

As the company continues to expand its global presence and diversify its product portfolio, investors and industry observers will be watching closely to see if LT Foods can achieve its ambitious growth targets in the coming years.

LT Foods Limited , a global FMCG company specializing in rice and rice-based products, has announced two significant developments: a strategic equity infusion in its UK subsidiary and robust financial results for the first half of fiscal year 2026.

Equity Infusion in UK Subsidiary

The Board of Directors of LT Foods has approved an additional equity infusion of £5 million into LT Foods UK Limited, a step-down subsidiary of the company. The funding will be split as follows:

• £2 million from LT Foods Limited
• £3 million from LT Foods Americas Inc.

LT Foods UK Limited, which operates in the specialty rice and rice food manufacturing and distribution business, had a net worth of £5.40 million and a turnover of £21.00 million as of March 31, 2025. The company was incorporated on July 17, 2023, and began production in July 2024.

This equity infusion aims to improve the financial ratios of LT Foods UK Limited and expand its specialty rice business. The company plans to complete this capital injection by December 2025.

Strong Financial Performance in H1 FY'26

LT Foods has also reported impressive financial results for the first half of fiscal year 2026:

Key highlights of the financial performance include:

1. The Basmati and Other Specialty Rice business recorded a 24% year-on-year growth (normalized growth of 11.4%, excluding Golden Star and U.S. Tariffs).
2. The Organic segment delivered a robust 26% year-on-year growth.
3. In India, the market share of the flagship brand DAAWAT® stands at 26.1%.
4. In the U.S., the Royal® brand now holds over 54% market share.
5. Europe and U.K. operations reported 31% year-on-year growth.

Mr. Ashwani Arora, Managing Director & CEO of LT Foods, commented on the results: "I am pleased to share that we have concluded the first half of FY'26 on a strong and positive trajectory. Our resilient business model, unwavering commitment to quality, and deep consumer insights have collectively enabled us to deliver a robust 25% growth in revenue, underscoring the strength and agility of LT Foods."

The company also highlighted its recent acquisition of Global Green Kft. for €25.00 million, marking its entry into the canned food business and strengthening its Ready-to-Heat (RTH) and Ready-to-Eat (RTE) segments.

As LT Foods looks ahead in FY'26, its priorities include building stronger brand equity, accelerating market expansion, investing in digital transformation, and evolving through strategic partnerships.

With these developments, LT Foods continues to strengthen its position in the global food industry, focusing on growth through packaged food and expanding its presence in international markets.