• Event Type: The document is a transcript of the post-results earnings conference call for the quarter ended June 30, 2026 (Q1 FY27).
  • Date and Time: The call was held on Friday, July 31, 2026. A specific start time was not mentioned in the transcript.
  • Purpose: The stated purpose was to discuss the company's un-audited financial results and operations for Q1 FY27.
  • Earnings Timing: The meeting was a post-results interaction, held after the earnings announcement.
  • Management Participants: The following management representatives were present on the call:
  • Mr. Ashwani Kumar Arora – Managing Director and Chief Executive Officer
  • Mr. Sachin Gupta – Chief Financial Officer
  • Mr. Ritesh Arora – Chief Executive Officer, India and Far East Business
  • Ms. Monika Chawla Jaggia – Chief Corporate Development Officer
  • Availability of Transcript: The company confirmed that a transcript of the call is made available on its website at the provided URL: https://ltfoods.com/ltfoodscms/uploads/investors/earningcalltranscript/earningcalltranscript_1785918712.pdf.
  • UPSI Statement: The compliance language included a standard forward-looking statement disclaimer, noting that certain statements are based on management's expectations and are subject to risks and uncertainties. There was no explicit statement that no Unpublished Price Sensitive Information (UPSI) would be shared.

Financial Highlights & Strategic Themes (As Disclosed)

The call discussed the company's Q1 FY27 financial performance and strategic outlook:

  • Financial Period: Quarter ended June 30, 2026 (Q1 FY27).
  • Consolidated Financials:
  • Revenue: INR 3,161 crores, up 26% YoY (19% normalized growth).
  • Gross Profit: INR 1,029 crores, up 19% YoY.
  • EBITDA: INR 363 crores, up 20% YoY.
  • Profit After Tax (PAT): INR 183 crores, up 9% YoY.
  • EPS: INR 5.3 per share, up 9% YoY.
  • EBITDA Margin: 11.5% (vs. 12.1% in the previous year).
  • Segment Performance:
  • Basmati & Specialty Rice: Revenue grew 34% YoY to INR 2,845 crores. Volume grew 11%. EBITDA margin was stable at 13%.
  • India Business: Revenue grew 23% YoY. Market share reached 23.1%. Household penetration increased to 64.4 lakh households.
  • International Business: Contributed 71% of consolidated revenue.
  • North America: 49% growth (27% normalized).
  • Middle East & Rest of World: 44% growth.
  • Organic Food & Ingredient Business: Revenue was INR 254 crores. EBITDA margin was 4% due to business model restructuring (shift from wholesale to CPG). Underlying demand remains healthy.
  • Ready-to-Heat/Ready-to-Cook (RTH/RTC): Revenue grew 13% YoY, with Biryani kits growing 42%. A new RTH facility in the U.S. is expected to become operational in Q2 FY27.
  • Balance Sheet & Capital Management:
  • Inventory days reduced from 221 to 187 days (YoY).
  • Receivable days improved from 30 to 26 days (YoY).
  • Working capital days reduced from 195 to 170 days (YoY).
  • Return on Capital Employed (ROCE): 21.1%.
  • Net Debt-to-EBITDA: 0.48x.
  • Net Debt-to-Equity: 0.15x.
  • Forward-Looking Statements & Guidance:
  • Results are in line with annual estimates; the company is on track for the full year.
  • The organic business is expected to reach an EBITDA of INR 70-80 crores by the end of the year, with margins improving to 7-8% and eventually back to double-digits.
  • The RTH business is expected to break even at a revenue size of INR 400 crores, anticipated in 2-3 years.
  • The company aims to double its RTH business revenue in 3 years.
  • Geographically, India is seen as a growth engine, the U.S. is working through tariff headwinds, Europe/U.K. are in an investment phase, and the Middle East is a tough market where the company is building inroads.

Additional Notes Section

  • Attachments: The regulatory filing includes the transcript of the earnings conference call as an attachment.
  • Financial Data: Significant financial data was disclosed and summarized in the transcript, as detailed above.