New Delhi (India), 15th May, 2025: LT Foods, an Indian-origin global FMCG Company in the consumer food space, reported its audited consolidated financial results for the fourth quarter and 12 months ended March 31, 2025.
Mr. Ashwani Arora, Managing Director & CEO, LT Foods, said, “FY’25 has been a landmark year for LT Foods, as we crossed the USD 1 billion revenue milestone—a strong reflection of our resilient business model, portfolio of most loved global food brands and deep consumer commitment. Our resilient business model, unwavering focus on quality, and deep understanding of evolving consumer needs have helped us deliver a strong 12% year-on-year revenue growth.
Our Basmati and Other Speciality Rice segment grew by 10% YoY, reinforcing our position as the preferred brand for premium Basmati. Our Organic Food and Ingredients business recorded a 29% growth, reflecting the rising demand for health-forward and sustainable food options. The Ready-to-Heat (RTH) and Ready-to-Cook (RTC) witnessed normalised growth of 21%. Our international business delivered a strong performance, with all key markets contributing to growth. What’s particularly encouraging is the significant margin expansion we achieved, fully aligned with the guidance we shared earlier, and reflective of our operational discipline and strong brand equity globally.
In India, we continued to invest in strengthening a future-ready Sales & Distribution Network and successfully completed the rollout of our next-generation Go-to-Market platform. Growth was further accelerated by emerging channels like E-Commerce, Q-Commerce and Modern Trade, which are increasingly becoming key touchpoints for our consumers.
Innovation remained at the heart of our growth strategy. We launched a few new products during the year, across categories that meet rising consumer demand for Health & Wellness, Convenience, and Premiumization. This includes DAAWAT® Jasmine Thai Rice, a global gourmet food. We also continue to build and expand roasted glueten free snack range under brand ‘Kari Kari’ with launch of new product ‘Krispy Hopu’ with happy flavour ‘Sweet and Salty’
Going ahead, we stay committed to authenticity, convenience, and bringing wholesome goodness from farm to table. We are also accelerating our digital transformation across the value chain to enhance agility, transparency, and consumer engagement, while deepening and strengthening our Environment, Social and Governance (ESG) commitments to ensure sustainable and responsible growth.”
Key Financial Highlights for Q4 FY’25
- Total Revenue stood at Rs. 2,260 , crores; up 8% YoY
- Gross Profit stood at Rs. 828 crores; up 20% YoY
- EBITDA stood at Rs. 290 crores; up 11% YoY
- Profit After Tax stood at Rs. 161 crores, up 7% YoY
- Cash Profit stood at Rs. 214 crores; up 9% YoY
Key Financial Highlights for FY’25
- Total Revenue stood at Rs. 8,770 crores; up 12% YoY
- Gross Profit stood at Rs. 3,030 crores; up 19% YoY
- EBITDA stood at Rs. 1,067 crores; up 8% YoY
- Profit After Tax stood at Rs. 612 crores; up 2% YoY
- Cash Profit stood at Rs. 797 crores; up 6% YoY
The Key Consolidated Financial Parameters:
Particulars
(₹ in Crore)
|
Q4 FY’25
|
Q4 FY’24
|
YoY (%)
|
FY’25
|
FY’24
|
YoY (%)
|
Total Revenue
|
2,260
|
2,092
|
8%
|
8,770
|
7,822
|
12%
|
Gross Profit
|
828
|
689
|
20%
|
3,030
|
2,544
|
19%
|
GP Margin
|
36.6%
|
32.9%
|
370 bps
|
34.5%
|
32.5%
|
200 bps
|
EBITDA
|
290
|
262
|
11%
|
1,067
|
988
|
8%
|
EBITDA Margin
|
12.8%
|
12.5%
|
30 bps
|
12.2%
|
12.6%
|
-40 bps
|
PAT
|
161
|
150
|
7%
|
612
|
597
|
2.5%
|
PAT Margin
|
7.1%
|
7.2%
|
-10 bps
|
7.0%
|
7.6%
|
-60 bps
|
Cash Profit
|
214
|
196
|
9%
|
797
|
751
|
6%
|
EPS (in ₹)
|
4.62
|
4.28
|
8%
|
17.43
|
17.09
|
2%
|
- Revenue and Profit: Consolidated FY’25 Total Revenue and Profit After Tax was up by 12% and 2.5%, respectively on a YoY basis aided by superior product mix, higher investment in marketing the brands and distribution expansion.
- The Company’s Basmati and Other Specialty rice business for FY’25 grew by 10% on a YoY basis on account of increased investment in brand and marketing.
- In its Organic segment, in FY’25 the Company has resumed its upward trajectory with a growth of 29% on a YoY basis.
- Revenue in the RTH & RTC comprising of DAAWAT® Quick Cooking Brown Rice, DAAWAT® Quick Cooking Black Rice, DAAWAT® Quick Cooking Red Rice on the Health platform and Royal Ready-to-Heat (in the US), DAAWAT® Cuppa Rice, DAAWAT® Biryani Kit and Kari Kari (Japanese Rice Snacks) in FY’25 stood at Rs. 188 crores. The segment witnessed normalised growth of 21%.
- Margin Profile:
- Gross Profit for FY’25 increased by 19% on a YoY basis to Rs. 3,030 crores and the Gross Profit Margin increased by 200 bps to 34.5%.
- EBITDA increased by 8% on a YoY basis to Rs. 1,067 crores and the EBITDA Margin decreased marginally by 40 bps to 12.2% in FY’25.
- PAT increased by 2% on a YoY basis to Rs. 612 crores and the PAT Margin decreased by 60 bps to 7% in FY’25.
- Further Strengthening Financial Metrics:
- Current Ratio stands at 1.9 in FY’25 compared to 2.1 in FY’25
- Interest Coverage Ratio remained steady at 10.0 in FY’25
- Net Debt-Equity at 0.16 in FY’25 compared to 0.14 in FY’24
- Net Debt-EBITDA at 0.56 in FY’25 compared to 0.53 in FY’24.
- The Return on Capital Employed stood at 21% in FY’25 compared to 21.7% in
FY’24. - The Return on Equity stood at 16.8% for FY’25 compared to 19.2% in FY’24.