LT Foods Reports Record Q1 FY26 Revenue of ₹2,501 Crores, Up 20% YoY
LT Foods achieved its highest ever quarterly revenue of ₹2,501.00 crores in Q1 FY26, a 20% year-on-year growth. EBITDA reached a record ₹302.00 crores, up 17% YoY. Basmati and specialty rice segment grew 18%, while organic business saw 32% growth. North America contributed 43% to revenue with 32% growth. The company completed the acquisition of Golden Star, expanded operations in Europe, and increased brand investments. Management maintains guidance of 12.5-13% EBITDA margin and expects ROCE of 21% plus.

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LT Foods , a leading global rice-based food company, has reported its highest ever quarterly revenue of ₹2,501.00 crores for Q1 FY26, marking a robust 20% year-on-year growth. The company's EBITDA also reached a record high of ₹302.00 crores, up 17% compared to the same period last year.
Financial Highlights
- Revenue: ₹2,501.00 crores (20% YoY growth)
- EBITDA: ₹302.00 crores (17% YoY growth)
- EBITDA Margin: 12.1% (down 30 basis points from 12.4% in Q1 FY25)
Segment Performance
- Basmati and Other Specialty Rice: 18% growth
- Organic Business: 32% growth, driven primarily by soya meal
Geographical Performance
Region | Revenue Contribution | YoY Growth |
---|---|---|
North America | 43% | 32% |
India | 31% | 10% |
European Continental | 18% | 57% |
Middle East & Rest of World | 8% | - |
Key Developments
Golden Star Acquisition: LT Foods completed the acquisition of the remaining 45% stake in Golden Star in May 2025, solidifying its position as the number one Jasmine rice brand in the US.
European Expansion: The company's organic arm, Nature Bio Foods, launched a new facility in Rotterdam capable of handling 15,000 metric tons annually, positioning LT Foods to capture a larger share of the EU's €45 billion organic market.
India Market Penetration: Household reach of Daawat brand increased from 45.56 lakh homes in March 2023 to 56.2 lakh homes in March 2025.
Brand Investments: The company increased its brand investments, resulting in a 120 basis points rise in brand spend as a percentage of revenue.
Snacking Segment Growth: The Kari Kari snacking segment reported a 40% year-on-year growth.
Management Commentary
Ashwani Kumar Arora, Managing Director & CEO of LT Foods, commented on the results, stating, "We are pleased with our performance this quarter, which reflects the strong global demand for our products and the success of our strategic initiatives. Our focus on brand building, expanding distribution, and entering new markets has yielded positive results."
Future Outlook
LT Foods maintains its guidance of 12.5% to 13% EBITDA margin and expects to deliver a Return on Capital Employed (ROCE) of 21% plus. The company's well-diversified geographical presence serves as an effective derisking strategy, reducing dependency on any single market and enabling consistent performance across varying macroeconomic cycles.
The management also announced that starting from Q2 FY26, the company will conduct earnings calls semiannually instead of quarterly, aligning with their operational rhythm and positioning them to deliver more comprehensive insights to investors.
As LT Foods continues to strengthen its global presence and expand its product portfolio, it remains well-positioned to capitalize on the growing demand for basmati rice and other specialty rice products in both domestic and international markets.
Historical Stock Returns for LT Foods
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.73% | -0.02% | -1.41% | +24.87% | +62.69% | +153.09% |