LT Foods , a leading Indian-origin global FMCG company, has announced the expansion of its meal kit portfolio with the launch of the Daawat Thai Green Curry Rice Kit. This strategic move aims to strengthen the company's presence in the rapidly growing Ready-to-Cook (RTC) and Ready-to-Eat (RTE) segments, catering to the evolving tastes of global consumers.

A Taste of Thailand at Home

The new Daawat Thai Green Curry Rice Kit is designed to bring authentic Thai cuisine to consumers' homes with ease and convenience. This all-in-one solution combines the finest quality Jasmine Rice sourced from Thailand with a pre-mixed blend of coconut milk, quality ingredients, and spices curated by culinary experts to create an authentic green curry paste. The kit also includes whole spices to add the perfect balance of fresh aroma and flavor, all without artificial colors or preservatives.

Strategic Expansion in the RTC Segment

This launch follows the success of LT Foods' Daawat Biryani Kit, which has achieved over 1 million units in annual consumption since its introduction. The company's expansion into the meal kit segment aligns with its consumer insight-driven innovation strategy, addressing the growing demand for convenient, high-quality, and globally-inspired meal solutions.

Availability and Market Reach

The Daawat Thai Green Curry Rice Kit is now available across leading e-commerce and quick commerce platforms, making it easily accessible to consumers looking for gourmet cooking experiences at home.

Executive Insights

Ritesh Arora, CEO of India and Far East Business at LT Foods, commented on the launch:

"We are excited to announce the launch of the Daawat Thai Green Curry Rice Kit in India, another significant step based on our consumer insight-driven Innovation Strategy. As part of our strategy, we follow ever-evolving consumer needs to develop the right solutions. We acknowledge consumers' growing interest in authentic global cuisines and their taste preferences."

Company Overview

LT Foods Ltd. has been a prominent player in the specialty rice and rice-based foods business for over 70 years. The company's flagship brands include Daawat, one of India's most beloved Basmati brands, and Royal, North America's leading rice brand.

With a consolidated revenue of approximately ₹8,770.00 crore, LT Foods maintains an integrated "Farm to Fork" approach. The company boasts a robust global supply chain with processing units in India, the U.S., and Europe, supported by a distribution network of over 1,400 distributors worldwide.

Future Outlook

As LT Foods continues to expand its product range and global reach, the launch of the Daawat Thai Green Curry Rice Kit represents a significant step in the company's strategy to capture the growing market for convenient, international cuisine options. This move not only diversifies LT Foods' portfolio but also positions the company to meet the changing preferences of modern consumers seeking quality, convenience, and global flavors in their everyday meals.

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.