LT Foods Limited — Investor Meet, 04-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

LT Foods reported strong Q2 FY26 revenue of Rs. 2,772 Cr (+30% YoY, normalized +12%) and EBITDA of Rs. 316 Cr (+24%). Half-year revenue hit Rs. 5,273 Cr (+25%). EBITDA margins dipped to 11.4% due to increased brand and digital investments, with H1 PAT growing 8.7% and ROCE at 22%.

Management noted robust demand across segments, with North America growing 47% and India 13%. The organic business grew 26% (H1), but margins faced temporary pressure, expected to recover by Q4. The company acquired Hungary-based Global Green Kft for €25 million, entering the European processed food market, pending FDI approval. US tariffs are under negotiation, presenting some near-term uncertainty, but other markets show promise. Production delays impacted Ready-to-Eat/Cook growth, with new capacity expected by Q4. Management expresses confidence in strategic investments to fuel future growth.