LT Foods Limited announced its unaudited consolidated financial results for the quarter and half year ended September 30, 2026. The company delivered broad-based growth across India and global markets.

Financial Performance - H1 FY27

  • Total Revenue: ₹6,414 crore, up 22% YoY (Normalized Growth 18% including Golden Star®)
  • EBITDA: ₹721 crore, up 17% YoY
  • PAT: ₹364 crore, up 9% YoY
  • Gross Profit: ₹2,087 crore, up 15% YoY
  • Gross Profit Margin: 32.5% (decreased 190 bps due to change in shipment terms with related parties from CIF to C&I)
  • EBITDA Margin: 11.2% (decreased 50 bps due to remodeling of organic segment and increased brand investments)
  • PAT Margin: 5.7% (decreased 60 bps)

Financial Performance - Q2 FY27

  • Total Revenue: ₹3,253 crore, up 17% YoY and 3% sequentially
  • EBITDA: ₹358 crore, up 13% YoY
  • PAT: ₹180 crore, up 10% YoY

Segment Performance - H1 FY27

  • Basmati & Other Specialty Rice: 27% YoY growth (Normalized Growth 22% including Golden Star®)
  • Organic Food & Ingredients: Revenue of approximately ₹520 crore (11% degrowth due to strategic remodeling)
  • Ready-to-Eat (RTE), Ready-to-Cook (RTC) and Ready-to-Heat (RTH): 8% growth with revenue of ₹102 crore

Standalone Performance - H1 FY27

  • Revenue: ₹2,417 crore, up 14.1% YoY
  • EBITDA: ₹223 crore, up 33.5% YoY
  • PAT: ₹134 crore, up 23.9% YoY

Geographic Performance

  • India: 24% YoY growth for H1 FY27, market share of 22.3% (MAT September 2026, AC Nielsen Retail Survey Audit) with 140 basis points gain
  • Household penetration: 67.5 lakh households (Kantar Household Panel MAT June'25), 20% expansion over last 12 months
  • North America: 20.8% growth (Normalized growth 13.3% including Golden Star®)
  • Middle East and Rest of the World: 24.6% YoY growth

Product Launches and Initiatives

  • Launched Delight, Rozana Platinum brands
  • Strengthened Biryani portfolio with new format offerings like Biryani Masala Paste
  • Golden Star® launched Microwaveable Rice Cups in 3 varieties (Jasmine Rice, Coconut Jasmine Rice, Jasmine Fried Rice)
  • UAE expansion with Quick Cooking Black Rice and Quick Cooking Red Rice
  • Strong growth in value-added offerings: Quick Cooking Brown Rice (70%+ market share), Quick Cooking Red Rice, Quick Cooking Black Rice (all growing double digits)
  • Organic portfolio (I'm Organic range) commands nearly 18% share of organic rice segment on key e-commerce platforms
  • Biryani Kits grew double digits in value terms with above 70% share in key E-Commerce platforms

Strategic Acquisition

  • Nature Bio Foods (subsidiary) acquired 70.75% controlling stake in Netherlands-based Leev.nu B.V. for €1.735 million all-cash consideration

Financial Metrics

  • Return on Capital Employed: 22.4% in H1 FY'27 (vs 22.0% in H1 FY'26)
  • Return on Equity: 15.7% in H1 FY'27 (vs 16.5% in H1 FY'26)
  • Interest Coverage Ratio: 13.8x in H1 FY'27 (vs 11.8x in H1 FY'26)
  • Current Ratio: 1.85 in H1 FY'27 (vs 1.93 in H1 FY'26)

ESG Performance

  • CRISIL ESG rating improved from 54 to 61, elevating from 'Adequate' to 'Strong' category

Operational Highlights

  • Multi-pronged strategy focused on premiumisation, portfolio expansion, distribution expansion and capability building
  • Significant distribution footprint expansion with 1400+ distributors globally
  • Investments in digitizing supply chain and sales ecosystem
  • Focused consumer and retail initiatives across European markets including Netherlands and Germany

Company Background

LT Foods Ltd. is a leading global FMCG company in consumer food space with integrated "Farm to Fork" approach, operating in over 85 countries with consolidated revenue of approximately ₹11,023 crore as of FY'26.