LT Foods reported a strong FY26 performance with revenue growing 26% year-on-year to INR 11,023 crore. Despite geopolitical and tariff-related headwinds, the company maintained resilient growth, driven by its basmati rice and specialty food segments. The company continues to invest in brand building, RTH (ready-to-heat) capacities, and global distribution to strengthen its position as a global branded FMCG leader, with a long-term growth guidance of 10% to 12%.
Solid Financial Performance
LT Foods delivered robust results for the financial year ended March 31, 2026. The company achieved a revenue of INR 11,023 crore, representing a 26% increase over the previous year. Profit after tax (PAT) stood at INR 625 crore, while EBITDA rose to INR 1,236 crore. The management noted that normalized margins were impacted by U.S. tariff pass-throughs and aggressive investments in marketing and brand growth.
Segment and Geographic Growth
The core basmati and specialty rice segment remains the primary driver, contributing 88% of total revenue and achieving 29% growth in FY26. The Organic Foods and Ingredients segment grew by 9%, crossing the INR 1,016 crore revenue mark. Geographically, India saw 10% value growth, while the North American business delivered 53% growth, maintaining its position as the company’s largest market. In Europe, the company is advancing toward its GBP 100 million revenue target by 2030.
Strategic Investments and Future Outlook
The company is actively scaling its Ready-to-Heat (RTH) and Ready-to-Cook (RTC) business, which has grown 2.5x over the last five years. While capacity constraints have caused temporary disruptions, new infrastructure is expected to be operational by Q2 FY27. LT Foods continues to invest in strategic assets, including a major warehouse in Houston and expanded packaging facilities in the U.K. and India, with an annual capex guidance of approximately INR 250 crore to support sustained long-term growth.
Source: BSE
