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

Key Developments

1. 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.

2. 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.

3. 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.

4. Brand Investments: The company increased its brand investments, resulting in a 120 basis points rise in brand spend as a percentage of revenue.

5. 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.

LT Foods , a leading Indian-origin global FMCG company, has announced a series of financial updates and strategic decisions, highlighting a mixed performance for the first quarter of the fiscal year 2025-26.

Interim Dividend Declaration

The Board of Directors of LT Foods has declared an interim dividend of Rs 1 per equity share for the financial year 2025-26. This decision, made during the board meeting held on July 24, 2025, demonstrates the company's commitment to delivering value to its shareholders. The record date for the dividend payment is set for August 1, 2025, with the distribution to eligible shareholders expected within 30 days of the declaration.

Q1 Financial Performance

LT Foods reported a mixed financial performance for the first quarter:

• EBITDA Growth: The company's Q1 EBITDA reached Rs 2.65 billion, up from Rs 2.41 billion in the same period last year, indicating year-over-year growth.
• EBITDA Margin: Despite the growth in absolute EBITDA, the margin declined to 10.80% from 11.63% in the corresponding quarter of the previous year.

Financial Highlights

The company's unaudited consolidated financial results for Q1 FY2026 reveal:

Segment Performance

LT Foods operates in three main segments:

1. Basmati & Other Specialty Rice: This segment, accounting for 85% of revenue, grew by 14% year-over-year.
2. Organic Food and Ingredients: Contributing 12% to revenue, this segment experienced significant growth of 34%.
3. Ready-to-Heat (RTH) & Ready-to-Cook (RTC): This segment, representing 2% of revenue, saw a decline of 16% due to the discontinuation of 'Daawat Sehat' and capacity constraints.

Strategic Developments

• LT Foods Americas Inc. completed the acquisition of the remaining 49% stake in Golden Star Trading Inc. for USD 15 million, making it a wholly-owned subsidiary.
• The company is facing a preliminary determination of countervailing duty by the US Department of Commerce on organic soybean meal exports from India, affecting its subsidiary Ecopure Specialities Limited.

Outlook

Despite challenges in certain segments, LT Foods continues to focus on growth across geographies and product categories. The company's strategic initiatives, including acquisitions and product portfolio optimization, are aimed at strengthening its market position and driving long-term growth.

LT Foods will host an investor conference call on July 28, 2025, to discuss the Q1 FY2026 results in detail, providing further insights into its performance and future strategies.

As LT Foods navigates through a dynamic market environment, the company remains committed to its growth trajectory while managing challenges in specific business segments.