LTFOODS · Fast Moving Consumer Goods
LT Foods Ltd. reported revenue of ₹2,075 cr for January to March 2024, — on the year and +6.8% on the quarter.
Operating profit (EBITDA) was ₹245 cr, a margin of 11.8%, — on the year and −50 bps on the quarter.
Net profit was ₹150 cr, — on the year and −2.0% on the quarter, with earnings per share of ₹4.28.
On earnings per share of ₹17.08 over the last four quarters, the stock at ₹417.05 trades at 24.4 times trailing earnings.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
| Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,942 cr | ₹2,075 cr | ₹2,071 cr | ₹2,108 cr | ₹2,275 cr | ₹2,228 cr | ₹2,464 cr | ₹2,766 cr | ₹2,809 cr | ₹2,907 cr | ₹3,152 cr | ₹3,234 cr |
| YoY | — | — | +16% | +7% | +17% | +7% | +19% | +31% | +23% | +30% | +28% | +17% |
| EBITDA margin | 12.3% | 11.8% | 11.6% | 10.9% | 11.0% | 11.6% | 10.8% | 11.2% | 11.2% | 9.2% | 11.2% | 10.5% |
| Other income, % of PBT | 10% | 14% | 13% | 18% | 9% | 17% | 19% | 3% | 2% | 16% | 4% | 8% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 25% | 27% | 25% | 25% | 27% | 26% | 26% | 28% | 29% | 28% | 27% | 27% |
| Net profit | ₹153 cr | ₹150 cr | ₹155 cr | ₹151 cr | ₹145 cr | ₹161 cr | ₹168 cr | ₹164 cr | ₹157 cr | ₹136 cr | ₹183 cr | ₹180 cr |
| YoY | — | — | +13% | −4% | −5% | +7% | +8% | +9% | +8% | −16% | +9% | +10% |
| Core profit YoY | — | — | +15% | −11% | −2% | +2% | +3% | +34% | +19% | −12% | +30% | +3% |
| EPS | ₹4.35 | ₹4.28 | ₹4.41 | ₹4.27 | ₹4.13 | ₹4.62 | ₹4.85 | ₹4.72 | ₹4.53 | ₹3.91 | ₹5.28 | ₹5.19 |
| Flags | · | · | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
LT Foods Ltd. reported revenue of ₹2,075 cr (— on the year) and net profit of ₹150 cr (— on the year) for January to March 2024.
None of the 2 checks that could run raised a question.
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