LT Foods (LTFOODS) Q4 24/25 earnings summary

Executive summary

• Achieved FY25 revenue of INR 8,770 crores, reflecting a 16% CAGR over five years and profit of INR 612 crores, with a 21% CAGR over the same period.

• Q4 FY25 revenue reached INR 2,260 crores, driven by core basmati and specialty rice, organic, and ingredients segments.

• Presence in 80+ countries with strong brands like Daawat, Royal, and Golden Star, and a market capitalization of INR 13,230 crores as of March 2025.

• Expanded product portfolio with launches in RTH/RTC meals, healthy snacks, and organic foods; entered Saudi Arabia and expanded in the UK.

• Audited standalone and consolidated financial results for the year ended March 31, 2025, were approved with an unmodified audit opinion from statutory auditors.

Financial highlights

• FY25 revenue grew 12% year-over-year to INR 8,770 crores; gross profit up 19% to INR 3,030 crores.

• Q4 FY25 gross profit grew 20% year-over-year, with gross margin up 370 bps to 36.6%.

• FY25 EBITDA increased 8% to INR 1,067 crores; EBITDA margin at 12.2%, down 40 bps.

• FY25 PAT up 2% to INR 612 crores; EPS at 17.43, up 2%.

• Cash profit for FY25 increased 6% to INR 797 crores.

Outlook and guidance

• Expecting consolidated volume growth of 7% in FY26, with revenue target of INR 10,000 crores.

• Anticipate stable or slightly improved margins in FY26, targeting 13% EBITDA margin as logistics costs normalize and brand investments increase.

• Targeting EBITDA margin of over 14% in the next four years.

• Plans to increase revenue mix from new product development to 10%.

• The acquisition of Global Greens Group is expected to complete in Q2 FY2025-26, supporting long-term diversification.