LT Foods Limited — Q2FY27 earnings call summary

• Mature markets EBITDA margin ~15%; consolidated margin expected to rise to 13-13.5%
• Ad spend elevated at ~2.5% of revenue this quarter, expected ~2.3% annually
• India business grew 24% y-y with 10% volume growth; North America grew 21% y-y
• No demand impact seen from price hikes historically; Basmati market growing 5-7%
• Freight cost and brand investments impacted margins; price increases underway to offset costs
• Q2FY27 consolidated revenue grew 17% y-y to INR3,253 Cr; gross margin 32.5%, EBITDA margin 11%
• H1FY27 revenue up 22% y-y to INR6,414 Cr; EBITDA margin 11.2%, PAT up 9%
• Organic business improving, targeting 10-11% EBITDA margin in 2 years

Open source transcript · View LT Foods Limited research

Sign in free to track LT Foods Limited and receive future summaries.