L T Foods share price & results

L T Foods· Fast Moving Consumer Goods

Results to: Sept 2026
Latest analysed call: Q1 FY27
Ownership as of: Sept 2026

Branded basmati rice FMCG maker (Daawat, Royal, Golden Star); also organic foods & RTE meals in 85+ countries.

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Guidance Hit Rate

22 targets · 17% hit rate 1 achieved · 16 active →

Segment Shift

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Concall & Tone

Q1 FY27 analysed Read claims, qualifiers & Q&A →

Price & Snapshot

₹393.65 +3.73% · +₹14.15

Last close 2 Nov 2026 · NSE · INR · Source: Inve

Performance −6.4% 1Y

1Y: ₹420.5 on 31 Oct 2025 → ₹393.65. High ₹459 (24 Aug 2026), low ₹337.25 (20 Jan 2026).

Previous close: ₹379.5
Market cap: ₹13.7k Cr
52-week range: ₹337.25 – ₹459
One year: −5.17%
Price to earnings (TTM to Sept 2026): 20.84×
Return on equity (TTM to Sept 2026): 13.39%

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

Metric	Value	Change	Basis	Period	Note
Revenue	3,234 ₹ crore	+16.9% YoY	Quarterly, as filed	Quarter to Sept 2026	Revenue from operations as filed.
Operating margin	10.0 %	−1.0 pts YoY	Operating profit / revenue	Quarter to Sept 2026	For the quarter; a change is in percentage points.
Net profit	180 ₹ crore	+9.8% YoY	Quarterly, as filed	Quarter to Sept 2026	Profit after tax as filed.
Return on equity	13.39 %	−2.0 ptsFY Mar 2026 vs FY Mar 2025	Trailing twelve months	TTM to Sept 2026	Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin	5.05 %	+2.5 ptsFY Mar 2026 vs FY Mar 2025	Fiscal year	FY ending Mar 2026	(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)	24.34 %	+14.4 ptsFY Mar 2026 vs FY Mar 2025	Trailing twelve months	TTM to Sept 2026	Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

1 of 6 judged targets kept · 16 open · verdicts reflect calls analysed to Q1 FY27.

Target	Original wording	Said	Latest call	Verdict
Growth Revenue Growth	Overall year growth will be in the range of 12% to 13% Call transcript, Q3 FY25 · 28 Jan 2025	Q3 FY25	Q1 FY27:The target period for this promise (FY26) has passed. The promise was achieved. Call transcript, Q1 FY27 · 31 Jul 2026	Achieved
Operations EBITDA Margin	12.5% to 13% EBITDA margin Call transcript, Q1 FY26 · 28 Jul 2025	Q1 FY26	Q1 FY27:The target period for this promise (FY26) has passed. The promise was missed. Call transcript, Q1 FY27 · 31 Jul 2026	Missed
Operations ROCE	Internal target is to take it to the range of 25%. Call transcript, Q3 FY25 · 28 Jan 2025	Q3 FY25	Q1 FY27:ROCE was reported at 21.1%, which is below the revised target of 23%. Call transcript, Q1 FY27 · 31 Jul 2026	At Risk

Source: Inve Guidance Tracker for L T Foods · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of L T Foods's 22 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 19 more targets are in the full ledger.

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Supply chain

Cross-company call evidence

Named counterparties and similar headwinds disclosed on earnings calls.

Products, transactions and disclosed impact

Company disclosures with supporting evidence. Expectations and unresolved details remain qualified.

2025-10-31 · acquisition · reported stage: approval pending

L T Foods — acquires — Global Green Kft (Hungary)

Party roles: acquirer / transaction asset

Products and services

Global Green Kft (Hungary) · role: transaction asset · category: business asset

Disclosed figures

Global Green Kft acquisition: £25 million · enterprise value
Global Green Kft acquisition: 25 (million, GBP, form: cash; structured consideration field only) · transaction consideration
Additional revenue stated as contributed by the Global Green Kft acquisition, subject to FDI approval: £40 million · other stated measure
Global Green Kft: 100% · stake transferred · after the FDI approval
Intangibles from the Global Green Kft acquisition: €6 million to €7 million of intangibles · other stated measure
Market segment entered through the acquisition: £15 billion · other stated measure

Impact and conditions

Affected party not specified: revenue · increase · summary expectation
Condition: Subject to FDI approval; described as an additional £40 million revenue contribution; recipient and period not stated.
subgroup (as stated; identity unspecified): not established · positive outcome · management expectation
Condition: Management expects the acquisition to strengthen the subgroup's competitive positioning and support sustainable long-term growth; no metric or magnitude stated.
Evidence and remaining questions

“LT Foods strategically expanded its presence in the European processed can food market through the acquisition of Hungary-based Global Green Kft”

Global Green Kft (Hungary): “through the acquisition of Hungary-based Global Green Kft”

£25 million: “The transaction was then at an enterprise value of £25 million”
£40 million: “contributing an additional a £40 million in revenue subject to FDI approval”
100%: “100% acquisition, basically, because you asked for the structure.”
€6 million to €7 million of intangibles: “It will be in the tune of €6 million to €7 million of intangibles that will be there.”
£15 billion: “entry into the £15 billion market segment”

revenue: “Expected to contribute an additional £40 million in revenue subject to FDI approval.”
not established: “this acquisition to strengthen subgroup's competitive positioning and support”

Expanded presence in European processed can food market
“Expanded presence in European processed can food market”
Entry into £15 billion market segment
“entry into £15 billion market segment”
Management describes the figure as the enterprise value being paid
“So, that's the enterprise value we are buying at.”
All-cash deal
“So, yes, it is an all-cash deal.”
After FDI approval Global Green Kft becomes 100% acquired by 'LT Foods, a fellow subsidiary'; exact legal acquiring vehicle not stated
“it will become 100% acquired by LT Foods, a fellow subsidiary.”
Intangibles stated as €6 million to €7 million; the remaining is described as asset value
“The remaining will be the asset value.”
Target described as Hungary-based
“Hungary-based Global Green Kft”
An analyst question refers to a €40 million figure (excerpt truncated)
“I mean, we have mentioned that €40 millio”
Strengthens competitive positioning
“strengthens competitive positioning”
Establishes third manufacturing hub in Hungary
“establishes third manufacturing hub in Hungary”
Compounds LT Foods' existing RTE and RTC packaged food portfolio
“compounding LT Foods' existing RTE and RTC packaged food portfolio.”
Hungary hub reinforces LT Foods' footprint across Central and Southern Europe
“Hungary, reinforcing LT Foods' footprint across Central and Southern Europe and”
Improving regional operational capabilities
“improving regional operational capabilities.”
SHA signed; waiting for approval from the Hungary government (FDI approval) before the transaction consummates
“So, we have signed SHA. So, now we are waiting for the approval from the Hungary government.”
Once approval is there, the transaction will consummate and it will take 2 to 3 months
“And then, once approval is there, then the transaction will consummate and it will take 2 to 3 months.”
SHA signed; approval expected in coming 2-3 months
“And we have signed the SHA and we will get an approval in coming 2-3 months.”

Not established by the available evidence
- seller of target: No seller or owner of Global Green Kft is named or described; no SELLER_OF_TARGET party is emitted.
- legal acquiring vehicle: Global Green Kft will be 100% acquired by 'LT Foods, a fellow subsidiary'; the exact acquiring entity and its link to the issuer are unstated. The issuer is used as acquirer at summary level only.
- SHA nature and binding effect: Only a signed 'SHA' is stated; it is not expanded (share purchase vs shareholders' agreement) and no definitive or binding-preliminary wording is given.
- tense conflict: Summary wording says LT Foods 'expanded its presence' and 'strengthens' positioning, while the transaction is still awaiting Hungary government/FDI approval and has not consummated. Lifecycle kept at APPROVAL_PENDING; realized market expansion is not asserted.
- completion timing conflict: One statement says the transaction will consummate after approval and 'it will take 2 to 3 months'; another says approval will come 'in coming 2-3 months'. Whether 2-3 months refers to approval or to consummation after approval is unresolved. No calendar date is stated.
- consideration versus enterprise value: The structured consideration field gives 25 million GBP cash; the narrative states £25 million as enterprise value. Equity purchase price and net debt are unstated; the figures are not reconciled or added.
- £40 million nature, currency and period: The structured target_financials field labels 40 million GBP as annual revenue, the narrative calls £40 million an additional revenue contribution subject to FDI approval, and an analyst question refers to '€40 millio[n]'. Whether the figure is target historical, run-rate or expected revenue, its currency and its period are unresolved; recorded once as OTHER_STATED_MEASURE.
- revenue beneficiary and timing: The party receiving the additional revenue is not stated and is not defaulted to the issuer. The relationship between revenue contribution timing and completion timing is not given.
- 'subgroup' identity: Management expects the acquisition to strengthen 'subgroup's' competitive positioning; which subgroup is meant is not stated.
- currency mix: Enterprise value and revenue are stated in £ while intangibles are stated in €; no conversion is given and none is calculated.
- target products: Global Green Kft's products or services are not described beyond the European processed can food market; only the acquired company is recorded as an offering.
- partial transcript coverage: Context passages are ranked excerpts; several summary quotes are supported in the transcript, but the consideration field is a structured value only, and truncated passages may omit relevant statements.

Counterparties named by L T Foods

L T Foods acquires or invests in Golden Star.

Q4 FY26 · closed · positive

To make it a fully owned subsidiary and consolidate operations.

“There are 2 kinds of accounting treatment that we did this year. If you normalize that, one was the tariff, the custom tariff and the second was the Golden Star because last year, the Golden Star, we had a JV -- this year, we have acquired that 49%. Now it is a fully owned subsidiary.”
L T Foods acquires or invests in Global Green Group.

Q3 FY26 · terminated · negative

Ministry of National Economy Hungary has not approved the proposed acquisition on grounds of identified national, economical and sectoral risks.

“With regard to our acquisition of Hungary-based Global Green Group, Ministry of National Economy Hungary has not approved the proposed acquisition on grounds of identified national, economical and sectoral risks.”
L T Foods acquires or invests in Global Green Kft (Hungary).

Q2 FY26 · announced · positive

Expanded presence in European processed can food market, entry into £15 billion market segment, strengthens competitive positioning, establishes third manufacturing hub in Hungary.

Disclosed value: GBP 25 million

“During the quarter, LT Foods strategically expanded its presence in the European processed can food market through the acquisition of Hungary-based Global Green Kft. This acquisition marked entry into the £15 billion market segment... The transaction was then at an enterprise value of £25 million, contributing an additional a £40 million in revenue subject to FDI approval. (page 4) So, we have signed SHA. So, now we are waiting for the approval from the Hungary government. And then, once approval is there, then the transaction will consummate and it will take 2 to 3 months. (Ashwani Kumar Arora, page 10) 100% acquisition, basically, because you asked for the structure. So, after the FDI approval, it will become 100% acquired by LT Foods, a fellow subsidiary. (Monika Chawla Jaggia, page 17) So, yes, it is an all-cash deal. (Sachin Gupta, page 17) So, yes, there will be certainly the intangibles. It will be in the tune of €6 million to €7 million of intangibles that will be there. The remaining will be the asset value. (Sachin Gupta, page 18)”
L T Foods acquires or invests in Leev (additional 21% stake).

Q1 FY26 · other · positive

Leverage new B2C plant, value accretive, currently hold 30% stake.

“So currently, we have a 30% stake in Leev, and we have an option to buy a further 21%. So with the new plant of B2C, can we expect this to happen soon to leverage this segment? ... So we are in process to acquire.”
L T Foods acquires or invests in Golden Star (remaining 45% stake).

Q1 FY26 · closed · positive

To lead as the #1 Jasmine rice brand in the U.S.

“We have also acquired rest of 45% of the Golden Star, which we have completed in May 2025. We now proudly lead as the #1 Jasmine rice brand in the U.S.”
L T Foods acquires or invests in Raghunath Agro Private Limited.

Q3 FY25 · announced · positive

To make Raghunath Agro a 100% subsidiary and merge it into LT Foods.

“As regarding the Raghunath Agro Industries, Raghunath Agro Industries initially company had 96% holding. So the 4% holding was with one of its subsidiary, Daawat Foods. Now Raghunath now LT Foods is acquiring that 4% share also. Now it will be 100% subsidiary of LT Foods. I hope I have answered your question. And we are in the process of merging this also. So Raghunath Agro will get merged in LT Food.”

Sector context: matching headwinds

Sector context does not establish a business relationship with L T Foods. Each comparison matches a headwind disclosed by L T Foods in the same calendar reporting quarter.

freight and shipping · Q1 FY27

L T Foods reported: Impacted margins in Middle East, Europe, and UK due to increased logistic costs, with freight rates surging from $200 to $4,000.

Reporting period ended 2026-06-30

13 other companies · logistics supply chain

Patanjali Foods Limited (PATANJALI) reported (period ended 2026-06-30): Inflation in commodity prices, packaging, freight, and logistics is raising input costs for FMCG businesses.
Bikaji Foods International Limited (BIKAJI) reported (period ended 2026-06-30): U.S. tariff disturbances and increased crude oil prices (3x freight costs) have led to a 2.2% decline in exports.
DOMS Industries Limited (DOMS) reported (period ended 2026-06-30): Impacted export growth, leading to longer transit times, higher freight costs, and shipment deferrals.
KRBL Limited (KRBL) reported (period ended 2026-06-30): Escalation of conflict and partial closure of Strait of Hormuz led to a 50% decline in export revenue to the Middle East and over tenfold increase in freight rates.
tariff impact · Q1 FY27

L T Foods reported: Tariff shifts created pricing volatility, but the company is focused on converting dollar growth into real unit growth as pricing normalizes.

Reporting period ended 2026-06-30

2 other companies · regulatory policy

ADF Foods (ADFFOODS) reported (period ended 2026-06-30): Uncertainty regarding the future of the 10% tariff rate, though management hopes it remains stable.
Apex Frozen Foods Limited (APEX) reported (period ended 2026-06-30): No clarity on receiving refunds for past U.S. tariff payments due to ongoing regulatory and legal processes.

Mentions over time

Recorded disclosures by calendar reporting quarter
Period	Other calls	Own calls
Q1 2026	0	1
Q4 2025	0	1
Q3 2025	0	1
Q2 2025	0	2
Q4 2024	0	1

Counts reflect the calls covered here. No mention in a period does not establish that a relationship ended.

From available earnings-call summaries. Disclosures are management statements, not independently verified transactions.

Live Summary

LTFOODS ₹393.65 +3.73%

Guidance Verdict (22 tracked) 1 kept · 16 open· 5 missed

AI Call Brief · Q1 FY27

L T Foods Q1 FY27

Overview

Symbol: NSE:LTFOODS
Sector: Fast Moving Consumer Goods
Exchange: NSE
Currency: INR

What L T Foods does

Based on the company's own presentations, annual report and earnings calls.

L T Foods is a global branded-foods company that processes, packages and markets Basmati and other specialty rice under brands including Daawat, Royal, Golden Star, 817 Elephant, Ecolife and Heritage, sold to retail and institutional customers across India, North America, Europe, the Middle East and other regions. It also runs an Organic Foods & Ingredients business exporting organic rice, flour, pulses/lentils and oilseeds sourced through a dedicated farmer-partner network, and holds a 30% stake in the European organic foods brand Leev. A smaller Ready-to-Heat & Ready-to-Cook segment sells convenience products such as meal kits, biryani kits and seasoned/flavoured rice for modern consumers.

Segments

Basmati & Other Specialty Rice
Organic Foods & Ingredients
Ready-to-Heat & Ready-to-Cook (RTH & RTC)

Countries with market presence: 85+
Organic farmland under cultivation: 110,000+ hectares
Farming families in organic supply network: 80,000
Organic farming associations (ICS groups): 135
Dedicated organic agri-extension team: 350
Global employee strength: 2,800+

Headquarters Gurugram, Haryana, IndiaEmployees 2,800 (FY2026) Company website

How the price took the results

Moved an average of ±2.3% across the last 3 priced result releases

Close before → close after

Quarter	Release	Revenue (₹ Cr)	Net profit (₹ Cr)	Rev YoY	Before → After	Reaction
Q1 FY27	31 Jul 26	3,152	183	+27.9%	₹397.1 → ₹410.35	+3.3%
Q4 FY26	15 May 26	2,907	136	+30.5%	₹411 → ₹409.35	−0.4%
Q3 FY26	30 Jan 26	2,809	157	+23.5%	₹360.85 → ₹372.8	+3.3%

The move from the last close before each results date to the first close on or after it — the market's first read on the quarter alongside what was filed.

Guidance

What management said, and what became of it

1 of 6 judged targets kept · 16 open · verdicts reflect calls analysed to Q1 FY27.

Target	Original wording	Said	Latest call	Verdict
Growth Revenue Growth	Overall year growth will be in the range of 12% to 13% Call transcript, Q3 FY25 · 28 Jan 2025	Q3 FY25	Q1 FY27:The target period for this promise (FY26) has passed. The promise was achieved. Call transcript, Q1 FY27 · 31 Jul 2026	Achieved
Operations EBITDA Margin	12.5% to 13% EBITDA margin Call transcript, Q1 FY26 · 28 Jul 2025	Q1 FY26	Q1 FY27:The target period for this promise (FY26) has passed. The promise was missed. Call transcript, Q1 FY27 · 31 Jul 2026	Missed
Operations ROCE	Internal target is to take it to the range of 25%. Call transcript, Q3 FY25 · 28 Jan 2025	Q3 FY25	Q1 FY27:ROCE was reported at 21.1%, which is below the revised target of 23%. Call transcript, Q1 FY27 · 31 Jul 2026	At Risk

Source: Inve Guidance Tracker for L T Foods · to Q1 FY27

The full ledger

Open L T Foods’s full ledger

A free account opens 5 company ledgers a month. All 22 tracked commitments, with each call’s wording and source.

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Latest analysed call: Q1 FY27, 31 Jul 2026. 7 calls analysed.

No analysed call after Q1 FY27, though results run to Sept 2026.

Call summaries

Q1 FY27 — 31 Jul 2026

L T Foods Q1 FY27

L T Foods delivered a strong Q1 FY27, showcasing robust revenue growth driven by its core basmati business and international expansion. While profitability remained healthy, EBITDA margins saw some moderation due to strategic restructuring in the organic segment and external logistical cost pressures. The company demonstrated efficient capital management and is on track with its annual financial estimates, with key investments in organic and RTH segments poised for future growth.

Read the full call

Q4 FY26 — 15 May 2026

L T Foods Q4 FY26

LT Foods reported a strong FY26 with 26% YoY revenue growth, driven by robust performance in Basmati and specialty rice, and significant expansion in North America and Europe. Despite headwinds like US tariffs and increased input costs, the company maintained financial discipline, improving working capital and debt ratios. Strategic investments in brand, innovation, and capacity are underway, though some segments like RTH faced temporary capacity constraints.

Read the full call

Q3 FY26 — 30 Jan 2026

L T Foods Q3 FY26

LT Foods delivered robust revenue growth in Q3 and 9MFY26, driven by strong performance in its core Basmati business and significant expansion in Europe. While margins faced compression due to increased brand investments and rising input costs, the company maintained its double-digit growth trajectory and expanded market reach. Challenges include the non-approval of a key acquisition and higher paddy prices, but management remains confident in its strategic direction and ability to pass on costs.

Read the full call

Summaries of each call, in Inve’s own words; the transcript is not reproduced. Not investment advice.

Every analysed call

L T Foods earnings calls (LTFOODS)

Fundamentals

Ratios, each with its period

Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).

Trailing twelve months
15.74% TTM to Sept 2026
Fiscal year
17.59% FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
14.19% 14.23% 17.10% 21.10% 19.18% 17.59%

How it is calculated. Adjusted EBIT ÷ average capital employed, including minority equity and deposits.
Trailing twelve months
13.39% TTM to Sept 2026
Fiscal year
14.69% FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
16.87% 15.56% 16.79% 19.35% 16.66% 14.69%

How it is calculated. Adjusted profit attributable to owners ÷ average owners’ equity.
Trailing twelve months
7.08% TTM to Sept 2026
Fiscal year
7.49% FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
7.26% 7.30% 8.66% 10.51% 9.04% 7.49%

How it is calculated. Total profit excluding exceptional items after tax ÷ average total assets.
Trailing twelve months
10.53% TTM to Sept 2026
Fiscal year
10.59% FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
11.89% 10.91% 10.11% 12.07% 11.28% 10.59%

How it is calculated. Operating profit ÷ revenue.
Trailing twelve months
5.42% TTM to Sept 2026
Fiscal year
5.62% FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
6.20% 5.69% 6.04% 7.68% 7.00% 5.62%

How it is calculated. Total profit excluding exceptional items after tax ÷ revenue.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
7.45% 6.73% 1.64% 7.15% 2.57% 5.05%

How it is calculated. (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
153.98% 167.31% 60.99% 126.59% 75.49% 145.60%

How it is calculated. Operating cash flow ÷ reported total net profit.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2.45% 2.91% 2.22% 2.61% 2.75% 3.29%

How it is calculated. Fixed-asset purchases ÷ revenue.
Trailing twelve months
24.34% TTM to Sept 2026
Fiscal year
26.09% FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
12.31% 16.86% 27.81% 12.05% 11.70% 26.09%

How it is calculated. Revenue change against the same period one year earlier.
Trailing twelve months
3.14% TTM to Sept 2026
Fiscal year
2.15% FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
46.19% 6.94% 36.71% 48.55% 1.52% 2.15%

How it is calculated. Adjusted profit attributable to owners vs the same period one year earlier.
Trailing twelve months
17.74% TTM to Sept 2026
Fiscal year
18.39% FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
18.20% 7.25% 18.41% 33.81% 4.37% 18.39%

How it is calculated. Operating profit vs the same period one year earlier.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.89× 0.66× 0.44× 0.27× 0.33× 0.36×

How it is calculated. Borrowings ÷ owners’ equity.
Trailing twelve months
7.08× TTM to Sept 2026
Fiscal year
7.55× FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
5.56× 7.14× 7.80× 10.63× 10.31× 7.55×

How it is calculated. Adjusted EBIT ÷ interest expense.
Trailing twelve months
1.31× TTM to Sept 2026
Fiscal year
1.33× FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1.17× 1.28× 1.43× 1.37× 1.29× 1.33×

How it is calculated. Revenue ÷ average total assets.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
₹1,540.00 Cr ₹1,281.00 Cr ₹1,182.00 Cr ₹867.00 Cr ₹1,117.00 Cr ₹1,273.00 Cr

How it is calculated. Borrowings less cash equivalents.
Trailing twelve months
0.36× TTM to Sept 2026
Fiscal year
1.03× FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2.60× 2.08× 1.54× 0.84× 1.02× 1.03×

How it is calculated. (Borrowings − cash equivalents) ÷ adjusted EBITDA.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2.26× 2.12× 1.76× 1.68× 1.75× 1.82×

How it is calculated. Average total assets ÷ closing owners’ equity.
Trailing twelve months
20.84× TTM to Sept 2026
Fiscal year
22.23× FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
— — — — — —

How it is calculated. Current market cap ÷ adjusted profit attributable to owners for the selected income period. Uses current market cap, not the share price at the period end.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
— — — — — —

How it is calculated. Market cap ÷ owners’ equity from the balance sheet selected for the TTM inputs. Uses current market cap, not the share price at the period end.
Trailing twelve months
10.57× TTM to Sept 2026
Fiscal year
12.11× FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
— — — — — —

How it is calculated. (Market cap + borrowings + deposits − cash equivalents) ÷ adjusted EBITDA. Uses current market cap, not the share price at the period end.
Trailing twelve months
7.46% TTM to Sept 2026
Fiscal year
6.62% FY ending Mar 2026

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
— — — — — —

How it is calculated. Adjusted EBIT ÷ enterprise value. Uses current market cap, not the share price at the period end.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
38.00 days 41.00 days 35.00 days 32.00 days 32.00 days 29.00 days

How it is calculated. Reported receivable days from the annual accounts.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
261.00 days 247.00 days 254.00 days 249.00 days 286.00 days 256.00 days

How it is calculated. Reported inventory days, using material cost / cost of goods sold.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
59.00 days 74.00 days 90.00 days 88.00 days 116.00 days 104.00 days

How it is calculated. Reported payable days, using material cost / cost of goods sold.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
240.00 days 215.00 days 199.00 days 193.00 days 202.00 days 180.00 days

How it is calculated. Reported debtor days plus inventory days less payable days.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
93.00 days 91.00 days 100.00 days 105.00 days 100.00 days 82.00 days

How it is calculated. Reported net working capital days from the annual accounts.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
12.00% 11.00% 9.00% 9.00% 17.00% 17.00%

How it is calculated. Reported dividend payout as a percentage of annual profit.
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
— — — — — —

How it is calculated. Market capitalisation from the current stock record.

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
14.19%	14.23%	17.10%	21.10%	19.18%	17.59%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
16.87%	15.56%	16.79%	19.35%	16.66%	14.69%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
7.26%	7.30%	8.66%	10.51%	9.04%	7.49%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
11.89%	10.91%	10.11%	12.07%	11.28%	10.59%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.20%	5.69%	6.04%	7.68%	7.00%	5.62%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
7.45%	6.73%	1.64%	7.15%	2.57%	5.05%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
153.98%	167.31%	60.99%	126.59%	75.49%	145.60%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.45%	2.91%	2.22%	2.61%	2.75%	3.29%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
12.31%	16.86%	27.81%	12.05%	11.70%	26.09%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
46.19%	6.94%	36.71%	48.55%	1.52%	2.15%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
18.20%	7.25%	18.41%	33.81%	4.37%	18.39%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
0.89×	0.66×	0.44×	0.27×	0.33×	0.36×

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
5.56×	7.14×	7.80×	10.63×	10.31×	7.55×

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
1.17×	1.28×	1.43×	1.37×	1.29×	1.33×

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
₹1,540.00 Cr	₹1,281.00 Cr	₹1,182.00 Cr	₹867.00 Cr	₹1,117.00 Cr	₹1,273.00 Cr

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.60×	2.08×	1.54×	0.84×	1.02×	1.03×

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.26×	2.12×	1.76×	1.68×	1.75×	1.82×

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
—	—	—	—	—	—

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
—	—	—	—	—	—

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
—	—	—	—	—	—

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
—	—	—	—	—	—

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
38.00 days	41.00 days	35.00 days	32.00 days	32.00 days	29.00 days

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
261.00 days	247.00 days	254.00 days	249.00 days	286.00 days	256.00 days

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
59.00 days	74.00 days	90.00 days	88.00 days	116.00 days	104.00 days

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
240.00 days	215.00 days	199.00 days	193.00 days	202.00 days	180.00 days

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
93.00 days	91.00 days	100.00 days	105.00 days	100.00 days	82.00 days

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
12.00%	11.00%	9.00%	9.00%	17.00%	17.00%

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
—	—	—	—	—	—

A dash means inputs are missing or too old, the ratio does not apply, or the value is outside the supported range. FY uses the reported fiscal period; TTM the latest twelve months; valuations use the current market cap with the chosen earnings period. Screen Indian stocks on these ratios →

Financials

What the filings say

Net profit, year on year: +10% (quarter to sept 2026 against sept 2025).

Dec 2024	Mar 2025	Jun 2025	Sept 2025	Dec 2025	Mar 2026	Jun 2026	Sept 2026
2,275	2,228	2,464	2,766	2,809	2,907	3,152	3,234
2,025	1,970	2,199	2,456	2,495	2,639	2,798	2,895
250	258	265	309	314	267	354	339
11.0%	12.0%	11.0%	11.0%	11.0%	9.0%	11.0%	10.0%
17	36	43	8	4	31	10	19
24	26	28	28	35	40	40	34
46	53	52	60	63	70	74	77
198	216	228	229	220	189	250	247
27.0%	26.0%	26.0%	28.0%	29.0%	28.0%	27.0%	27.0%
145	161	168	164	157	136	183	180
4.13	4.62	4.85	4.72	4.53	3.91	5.28	5.19

Source: Inve data · income statement, quarterly · to Sept 2026

Sales 3Y CAGR +16.4%

Operating profit 3Y CAGR +18.2%

Net profit 3Y CAGR +14.0%

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6,935	6,954	8,682	10,946
6,236	6,170	7,704	9,789
700	783	978	1,155
72	77	116	86
83	64	89	131
126	126	186	245
562	669	822	866
422	496	612	625

Source: Inve data · income statement, annual · to Mar 2026

Mar 2023	Mar 2024	Mar 2025	Sept 2025	Mar 2026	Sept 2026
35	35	35	35	35	35
2,722	3,337	3,819	4,152	4,486	4,866
1,221	917	1,261	1,804	1,610	1,798
1,341	1,753	2,298	1,643	2,887	2,565
5,319	6,042	7,413	7,635	9,018	9,263
995	1,160	1,404	1,690	1,852	1,991
27	41	45	73	67	137
127	183	223	43	48	88
4,170	4,657	5,741	5,828	7,051	7,047
5,319	6,042	7,413	7,635	9,018	9,263

Source: Inve data · balance sheet · to Sept 2026

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
445	517	258	757	462	910
-101	-145	-395	-201	-219	-693
-346	-358	136	-538	-150	-127
-2	15	0	17	93	90
346	366	115	556	224	554

Source: Inve data · cash flow · to Mar 2026

Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
38	41	35	32	32	29
261	247	254	249	286	256
59	74	90	88	116	104
240	215	199	193	202	180
93	91	100	105	100	82
14.0%	14.0%	17.0%	21.0%	19.0%	18.0%
12.0%	11.0%	9.0%	9.0%	17.0%	17.0%

Source: Inve data · annual ratios · to Mar 2026

Ownership

Who owns it

Promoters hold 51.00% as of Sept 2026; institutions added 0.47 pts since Jun 2026.

Promoters 0.00 pts 51.00%
Foreign institutions +0.09 pts 8.30%
Domestic institutions +0.38 pts 11.22%
Government 0.00 pts 0.00%
Public −0.49 pts 29.46%

1,78,072 shareholders on the register.

Source: Exchange shareholding filings · to Sept 2026 · 8 filings held

Who was buying across the market this quarter

Who bought this quarter

since Jun 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

FPI fund newly disclosed 1.04% held
Mutual fund +0.58 pp 6.46% held

The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Sep 2026 filing

Every holder of L T Foods above SEBI's 1% disclosure line, and what changed since Jun 2026.

Holder	Stake	Change
	9.61%	unchanged
	9.22%	unchanged
	6.95%	unchanged
	6.62%	unchanged
	6.62%	unchanged
Mutual fund	6.46%	+0.58 pp
	6.29%	unchanged
	6.13%	unchanged
Mutual fund	2.95%	−0.26 pp
	2.41%	unchanged
	2.19%	unchanged
	1.75%	unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in LTFOODS

Filings to Sep 2026

0 new, 0 added, 5 trimmed, 0 sold out — net −0.16 L shares (−4.3%).

Held by funds: ₹14 Cr; 5 schemes
Biggest holder: Nippon India Nifty Smallcap 250 Index Fund; ₹9 Cr · 0.3% of that fund

Scheme	Holding	Last month	Held since
Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund	₹9 Cr	−0.07 L	Mar '25
SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund	₹4 Cr	−0.03 L	Mar '25
Nippon India Nifty 500 Equal Weight Index Fund Nippon India Mutual Fund	₹1 Cr	−0.06 L	Mar '25
SBI Nifty 500 Index Fund SBI Mutual Fund	₹0 Cr	−0.00 L	Mar '25
SBI Nifty Small Cap 250 ETF SBI Mutual Fund	₹0 Cr	−0.00 L	May '26

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Sep 2026

0 added, 5 trimmed — net −15,778 shares (−4.3%)

Funds are sitting on: +1%; vs est. average cost
Held by funds: ₹14 Cr; 5 schemes · ≈ 0.10% of the company
Biggest holder: Nippon India Nifty Smallcap 250 Index Fund; ₹9 Cr · 0.3% of that fund

Shares held by these funds +24%

Mar '25 3.49 L shares Sep '26

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Median ₹13,670 Cr Mkt Cap

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Quick Answers

Frequently asked questions on L T Foods

Compiled directly from LTFOODS's filed financial statements, earnings call transcripts, and ownership disclosures.

How did L T Foods (LTFOODS) perform in its latest reported quarter (Sept 2026)?

For the quarter ended Sept 2026, L T Foods reported revenue of ₹3.2k Cr, net profit of ₹180 Cr, an operating margin of 10.0%. Diluted earnings per share stood at ₹5.19.

How is L T Foods (LTFOODS) valued today, and what growth does the stock price imply?

L T Foods (LTFOODS) trades at ₹393.65, with a market capitalization of ₹13.7k Cr. Reverse-DCF analysis shows the current stock price implies 13.9% annual earnings growth over the next 7 years compared with its historical net-profit CAGR of 14.0%.

Who owns L T Foods (LTFOODS) — promoters, FIIs, DIIs, and mutual funds?

As of Sept 2026, Promoters hold 51.0%, FIIs hold 8.3%, DIIs hold 11.2%, Public shareholders hold 29.5%.

Learn to analyse L T Foods

Guides on how to read this kind of business and the numbers that matter.

L T Foods share price & results

Performance −6.4% 1Y

The figures, each with its period

What management said, and what became of it

Cross-company call evidence

Products, transactions and disclosed impact

Counterparties named by L T Foods

Sector context: matching headwinds

Mentions over time

What L T Foods does

How the price took the results

What management said, and what became of it

Open L T Foods’s full ledger

Q1 FY27 — 31 Jul 2026

Q4 FY26 — 15 May 2026

Q3 FY26 — 30 Jan 2026

L T Foods earnings calls (LTFOODS)

Ratios, each with its period

What the filings say

What the price assumes

Multiples & returns vs own history

Who owns it

Who bought this quarter

Who is on the register

Mutual funds in LTFOODS

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