LT Foods (LTFOODS) Q4 25/26 earnings summary

Executive summary

• Achieved 26% year-over-year revenue growth to INR 11,023 crore in FY26, with normalized growth of 19% excluding US tariff impacts and resilient expansion across all business segments and geographies.

• PAT increased 2% to INR 625 crore, with a five-year revenue CAGR of 18% and PAT CAGR of 17%.

• Audited standalone and consolidated financial results for FY26 were approved with an unmodified audit opinion from statutory auditors.

• Continued aggressive investments in brand, innovation, and global expansion despite external challenges.

• A final equity dividend of INR 1 per share (total INR 3 per share for FY26) was recommended, subject to shareholder approval.

Financial highlights

• Revenue including other income grew 26% year-over-year to INR 11,023 crore; consolidated revenue from operations for FY26 was INR 10,94,555.66 lakhs.

• Gross profit reached INR 3,692 crore; normalized gross margin at 35.3% excluding U.S. tariff and shipment term changes.

• EBITDA rose to INR 1,236 crore; PAT at INR 625 crore for FY26; Q4 revenue at INR 2,938 crore, EBITDA at INR 300 crore, PAT at INR 136 crore.

• Total comprehensive income for FY26 was INR 77,096.07 lakhs, up from INR 64,115.10 lakhs in FY25.

• Basic and diluted EPS for FY26 stood at INR 18.01, compared to INR 17.43 in FY25.

Outlook and guidance

• Expect continued double-digit growth, supported by global demand and new product launches; long-term organic growth guidance maintained at 10%-12%.

• Margins anticipated to gradually improve as brand investments normalize and scale benefits accrue; gross margins expected to remain in the 33%-33.5% range, EBITDA margin targeted at 12%.

• Enhanced capacities in Ready-to-Heat platform expected to be operational from Q2 FY27, supporting further growth.

• Management does not expect material impact from new Indian Labour Codes or the US countervailing duty case on organic soybean meal exports.