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LT Foods (LTFOODS) investor relations material
LT Foods Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record quarterly revenue of INR 2,772 crore in Q2 FY26, up 30% year-over-year, and H1 FY26 revenue of ₹5,273 crore, up 25% year-over-year, driven by brand investments and global expansion.
Gross profit rose 27% and PAT increased 9% in H1 FY26; five-year compounded revenue growth at 16% and PAT growth at 21%.
Expanded global presence with the Global Green acquisition, adding €40 million revenue and a new manufacturing hub in Hungary.
Maintained leadership in Basmati rice with strong market shares in India, North America, and Europe, and continued innovation in organic and ready-to-eat/cook segments.
Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.
Financial highlights
Q2 FY26 EBITDA at INR 316 crore, up 24% year-over-year; H1 FY26 EBITDA at INR 619 crore, up 20% year-over-year.
Gross margin improved year-over-year to 34.4% due to lower input costs; EBITDA margin slightly decreased to 11.4%-11.7% due to higher brand and digital investments.
Q2 FY26 PAT was ₹164 crore, up 9% year-over-year; consolidated net profit for Q2 FY26 was ₹16,385.37 lakhs.
Working capital payable days increased to 43 from 28 year-over-year; inventory days reduced from 194 to 187.
Consolidated cash and cash equivalents increased to ₹61,122.08 lakhs as of September 30, 2025.
Outlook and guidance
Optimistic outlook for India, Europe, and rest of world; U.S. market outlook to be reassessed in next two months due to tariff negotiations.
Targeting EBITDA margin above 14% in the next four years, with a focus on premiumization, product portfolio expansion, and digital transformation.
Organic segment expected to rebound in H2 FY26, with margins normalizing by Q4.
Ready-to-eat/cook segment to see growth from Q4 as new capacity comes online.
Management does not expect a material impact from the US countervailing duty on Ecopure Specialities Limited's exports.
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