LT Foods Limited, (LTFOODS:NSE) a global consumer food company, released its unaudited consolidated financial results for the third quarter and nine months ending December 31, 2025. The stock closed at ₹372 as of January 30, 2026, valuing the company at ₹12,518 crore market capitalization.
Quarterly Results
For the third quarter ending December 31, 2025, LT Foods reported total revenue of ₹2,812 crore, a 23% year-over-year increase. Gross profit reached ₹963 crore, up 24%. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose 20% to ₹317 crore. Profit After Tax was ₹157 crore, an 8% increase.
The company reported a gross profit margin of 34.2%, while the EBITDA margin stood at 11.3%. Interest coverage was 8.4 times. Cash profit for the quarter reached ₹220 crore, a 15% increase year-over-year. Earnings per share were reported at ₹4.53.
Annual Performance Context
During the first nine months of FY2026, total revenue reached ₹8,085 crore, a 24% increase. Normalized revenue growth, excluding the impact of U.S. tariffs and Golden Star, was 19%. EBITDA increased 20% to ₹936 crore, while PAT grew 9% to ₹490 crore.
The company’s revenue growth follows a five-year CAGR of 16%, with PAT at 21%. As of December 31, 2025, market capitalization exceeded ₹13,500 crore, with promoter shares reported as unencumbered.
Business and Operations Update
The Basmati and Other Specialty Rice segment grew 26% year-over-year, or 12% normalized. The Organic Foods and Ingredients segment reported a 15% increase, while the Ready-to-Heat and Ready-to-Cook segment generated ₹138 crore. Geographically, European operations grew by 35%, and North American operations reported 50% growth, or 12% normalized.
In India, household penetration reached 58.11 lakhs. Leadership was maintained through digital strategies. The U.S. Countervailing Duty final ruling regarding Ecopure Specialities Limited is now expected by February 17, 2026. Weather disruptions led to yield declines in 2025 crop production.
Forward Outlook
The company is focusing on digital transformation to optimize costs and enhance decision-making. This strategy aims to create a digital supply chain to drive 1.5x to 2x business value.
Objectives include widening distribution, driving premiumization, and exploring inorganic growth. Potential near-term pressure remains from U.S. tariff developments and rising input costs.
Performance Summary
The net debt-to-EBITDA ratio was 0.95, down from 1.17. The net debt-to-equity ratio improved to 0.27 from 0.33. Return on Capital Employed stood at 20.3%, compared to 19.5%. Return on equity was 15.9%, while the current ratio stood at 1.8. Working capital days were reduced from 227 to 205.