LT Foods Ltd.    
14 Aug 2019
53.15
-3.19%
Karvy
LT Foods Limited has posted Q1FY20 earnings report, exceeding our estimates.
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LT Foods Ltd. has gained 123.79% in the last 1 Year
LT Foods Ltd.    
07 Jun 2019
53.15
-3.19%
Motilal Oswal
European business stabilizes, Focus shifts to Margin improvement For Q4FY19, on a consol. basis, LT Foods (LTFL) reported weak operational performance. Revenue/EBITDA down 6%/5% YoY with EBITDA margin flat at 8.8%. PAT declined 38% YoY on account of higher depreciation and finance cost. In order to achieve better profitability, the company is likely to focus on better margin business in India (premium segment of branded basmati like Daawat) & higher profitable geographies. Company's European business has ramped up...
LT Foods Ltd. is trading above all available SMAs
LT Foods Ltd.    
27 May 2019
53.15
-3.19%
Karvy
Subdued Quarterly and Full Year Operating Performance: LT Foods Limited has posted subdued set of consolidated numbers for Q4FY19wherein its revenue at Rs. 10087 Mn (as against our estimate of Rs. 12700...
LT Foods Ltd. has gained 143.25% in the last 6 Months
LT Foods Ltd.    
12 Feb 2019
53.15
-3.19%
Motilal Oswal
For Q3FY19, LT Foods Ltd (LTFLs) revenue grew 21% YoY largely driven by pick up in branded consumer business and better realization both in India (+2%) and international (+8%) market. In Q3FY19, branded business (both domestic and international combined) saw a growth of 2% YoY driven by better realization in international branded segment (up 8% YoY). Organic segment de-grew by 12% YoY in value terms largely on account of consolidation. For Q3FY19, growth was triggered by India unbranded segment and other value added products which together grew by 63% YoY. Other Income Adj. PAT Adj. PAT Margin % Market share in India Basmati rice industry for the company stands at 29% while in USA it is 45% (Royal Brand). Branded business as % of overall sales up 100bps YoY for 9MFY19 to 69% from 68%. In Q3FY19, other income was down significantly on account of lower forex gains of INR50mn vs INR220mn gains for the corresponding quarter last year.
LT Foods Ltd. is trading above all available SMAs
LT Foods Ltd.    
08 Feb 2019
53.15
-3.19%
Karvy
Mixed Q3FY19 - Impressive Top-line But Subdued Bottom-line: LT Foods Limited has posted good set of consolidated numbers for Q3FY19 wherein its revenue at Rs. 11139 Mn (against our estimate of Rs. 10028 Mn) registered growth of 21% on YoY basis. EBITDA at Rs. 1095 (against our estimate of Rs. 1003 Mn) grew at 27% on YoY basis. EBITDA margin at 10% met our estimate and expanded by 48 bps on YoY basis.
LT Foods Ltd. is trading above all available SMAs
LT Foods Ltd.    
22 Nov 2018
53.15
-3.19%
Karvy
Moderate Quarter with Growth Momentum in Place: LT Foods Limited has posted a consolidated revenue of Rs. 9278 Mn in Q2FY19 registering a growth of 8.8% on YoY basis mainly on brand strength, higher realization and overall strong demand scenario for basmati rice.
LT Foods Ltd. has gained 123.79% in the last 1 Year
LT Foods Ltd.    
16 Nov 2018
53.15
-3.19%
Motilal Oswal
For Q2FY19, LT Foods Ltd (LTFLs) revenue grew 8.8% YoY largely driven by pick up in organic business (up 18%). In Q2FY19, branded business saw a muted growth of 5% YoY which was largely impacted by decline in bulk branded business (25kg pack) in domestic market. However, organic business which had a muted Q1FY19 picked up again and grew 18% supporting the overall growth of the company. 1) India branded business lost the momentum temporarily and grew 5% for Q2FY19; 2) European business is expected to do a turnover of INR1.5bn in H2FY19 and is expected to break-even by the end of FY19. Management expects European business to turn profitable from FY20 onwards; 3) Branded business contribution to the overall revenue stands at 69%; 4) In Q2FY19, company secured an equity funding of INR1,400mn from Rabobanks India India Agri Business Fund II in its wholly owned subsidiary Nature Bio Foods Ltd. We have revised our earnings estimates downwards by 4.
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LT Foods Ltd. has gained 143.25% in the last 6 Months
LT Foods Ltd.    
24 Aug 2018
53.15
-3.19%
Karvy
Robust Showing at Branded Business Front: LT Foods Limited has posted strong performance on consolidated basis in Q1FY19 wherein revenue from operations stood at Rs. 8400 Mn, up by 11.7% but down by 9.0% against our revenue estimate of Rs. 9226 Mn on YoY basis.
LT Foods Ltd. has gained 123.79% in the last 1 Year
LT Foods Ltd.    
16 Aug 2018
53.15
-3.19%
Motilal Oswal
Mixed quarter: For 1QFY19, LT Foods Ltd (LTFL's) revenue grew 11.7% YoY largely driven by branded basmati rice segment (up 18%). EBITDA declined 2.1% with margin contraction of 156bps to 11.1%. Benefit of Lower other expenses (-341bps) was offset by higher raw material (+532bps). Lower...
LT Foods Ltd. has gained 143.25% in the last 6 Months
LT Foods Ltd.    
06 Jun 2018
53.15
-3.19%
Karvy
Mixed Performance: The company on a consolidated basis has registered mixed performance, wherein revenue for full year FY18 has grown by 11.4%, primarily driven by branded sales whose contribution in total sales has increased to 69% from 64% in FY17.
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LT Foods Ltd. has gained 143.25% in the last 6 Months