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Makes and exports branded basmati rice (Daawat, Royal, 817 Elephant) plus organic foods and rice-based snacks.
Makes and exports branded basmati rice (Daawat, Royal, 817 Elephant) plus organic foods and rice-based snacks.
Buys paddy and ages basmati before milling, then sells under its own brands in India, the US, the Middle East and Europe, so earnings depend on rice purchase prices, export demand and the premium its brands command over commodity rice. The founding Arora family controls the company.
Moat: narrow (brand, distribution). Strong basmati brand recognition in India, US and Gulf markets, but rice is a commodity crop subject to price swings.
Headquarters: Gurugram, India · Founded: 1990 · Employees: 2,839
Size LT Foods (LTFOODS.NS) is an India Consumer Staples company (Agricultural Commodities/Milling) with a market value of $1.55B, the 458th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹420.30 on 6 Nov 2026.
Performance Over six months the shares fell 2.8%, against -11.1% for the median peer and 0.0% for the India market (cap-weighted) — 7th highest of 20 in its peer set.
Growth Revenue grew 24.3% over the last twelve months (peer median +1.4%); the operating margin is 8.2% (peer median 5.4%).
Valuation It trades at 12.8× forward earnings against a peer median of 12.7× (8th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 26% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is +8 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 4.1 points below its cost of capital (17.9% WACC).
Next results Next results expected around 1 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹121B | ₹109B | ₹86.4B | ₹77.4B | ₹69.0B |
| Revenue growth | — | +26% | +12% | +12% | — |
| Gross profit | ₹29.5B | ₹24.2B | ₹19.9B | ₹16.7B | ₹16.5B |
| EBITDA | ₹12.8B | ₹11.2B | ₹9.41B | ₹9.20B | ₹6.71B |
| Net income | ₹6.57B | ₹6.25B | ₹6.05B | ₹5.93B | ₹4.03B |
| Free cash flow | n/a | ₹4.30B | ₹1.54B | ₹4.83B | ₹315M |
| Capital expenditure | n/a | ₹3.60B | ₹2.39B | ₹2.03B | ₹1.54B |
| Total debt | ₹18.0B | ₹16.1B | ₹12.6B | ₹9.17B | ₹12.2B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| LT Foods LTFOODS.NS | $1.55B | -3% | +24% | 8% | 12.8× | 25.7% |
| KRBL KRBL.NS | $990M | +8% | 0% | 16% | 12.1× | 4.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LTFOODS.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.5% | -4.8% | 4th highest of 21 |
| 6-month return | -2.8% | -11.1% | 7th highest of 20 |
| Distance from 52-week high | -14.3% | -25.0% | 5th highest of 21 |
| Revenue growth (TTM) | +24.3% | +1.4% | highest of 21 |
| Operating margin | 8.2% | 5.4% | 8th highest of 21 |
| Forward P/E | 12.8× | 12.7× | 8th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 25.7% | 1.1% | 2nd most demanding of 11 |
| Growth delivered (Del g) | +18.2% | +11.6% | highest of 11 |
| Hurdle (Req g minus delivered) | +7.5 pp | -5.0 pp | 3rd most demanding of 11 |
| ROIC minus cost of capital | -4.1 pp | -1.5 pp | 8th lowest of 21 |
| EV / EBITDA | 11.8× | 9.6× | 5th most expensive of 11 |
| Net debt / EBITDA | 0.4× | 1.6× | 3rd least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| LT Foods LTFOODS.NS | India | $1.55B | -3% | +24% | 8% | 12.8× | 25.7% | +18.2% |
| Shandong Yisheng Livestock & Poultry Breeding 002458.SZ | China | $1.54B | -16% | +15% | 17% | 18.2× | 6.3% | +11.1% |
| Liuliumei 6658.HK | Hong Kong | $1.58B | n/a | +6% | 12% | n/a | n/a | n/a |
| Balrampur Chini Mills BALRAMCHIN.NS | India | $1.50B | +28% | +11% | 9% | 19.5× | n/a | n/a |
| Kernel KER.WA | Poland | $1.47B | 0% | -1% | 5% | 5.4× | 8.0% | -5.4% |
| Shenzhen Agricultural Products 000061.SZ | China | $1.63B | -22% | -22% | 12% | 26.1× | 4.2% | +15.6% |
| Tecon Biology 002100.SZ | China | $1.72B | +6% | -8% | -5% | n/a | n/a | n/a |
| Jiangsu Provincial Agricultural Reclamation & Dev 601952.SS | China | $1.72B | -16% | -5% | 4% | 20.1× | -2.2% | +3.2% |
| China Modern Dairy 1117.HK | Hong Kong | $1.37B | +3% | +5% | -15% | 12.5× | n/a | n/a |
| Beijing Shunxin Agriculture 000860.SZ | China | $1.36B | -4% | -20% | -5% | n/a | n/a | n/a |
| Yuan Longping High-Tech Agriculture 000998.SZ | China | $1.77B | -11% | -5% | 5% | 46.5× | n/a | n/a |
| Uie UIE.CO | Denmark | $1.81B | +5% | +12% | 37% | n/a | -13.0% | +13.1% |
| BioMar Group A/S BIOMAR.CO | Denmark | $1.83B | -37% | 0% | 6% | 13.0× | -2.0% | -0.5% |
| Adecoagro AGRO | United States | $1.30B | -31% | +7% | 2% | 5.3× | 37.5% | +12.1% |
| Del Monte DMC | United States | $1.29B | -27% | +1% | 4% | 12.1× | n/a | n/a |
| Great Wall Enterprise 1210.TW | Taiwan | $1.28B | -4% | +2% | 4% | 12.0× | n/a | n/a |
| Beijing Dbn Technology 002385.SZ | China | $1.86B | -23% | -1% | -6% | n/a | n/a | n/a |
| Bumitama Agri P8Z.SI | Singapore | $1.87B | -25% | +9% | 25% | 9.0× | -15.2% | +12.9% |
| Godrej Agrovet GODREJAGRO.NS | India | $1.23B | +3% | +9% | 6% | 21.7× | 15.1% | +10.3% |
| M.P. Evans MPE.L | United Kingdom | $1.20B | -5% | +1% | 39% | 9.7× | -9.7% | +15.6% |
| Leshan Giantstar Farming & Husbandry 603477.SS | China | $1.19B | -19% | -2% | -15% | n/a | n/a | n/a |