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LT Foods Limited (LTFOODS) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹150B (≈ $1.6B) · ISIN INE818H01020

What is LT Foods Limited really worth?

LF LT Foods Limited LTFOODS · BSE
Price₹443.90
Fair Value₹378.20
Upside−14.8%
Quality59/100

A solid business, but trading 17% above our fair value of ₹378.20.

As of Aug 21, 2026, the fair value of LT Foods Limited is ₹378.20 per share against a price of ₹443.90, so the fair value sits 15% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Healthy Growth (revenue 5y +18.7 %/yr)
Low debt · generates free cash flow

Risks

!Thin margins · 5.5% net margin
!Moderate moat 53/100

For context

·0.45% dividend yield
Evidence: High Range ₹232.72 – ₹472.75

Fair value as of: Aug 21, 2026

From 24 valuation models · updated 16 days ago

Share price +6.7% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹232.72 to ₹472.75) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

₹504.04 ₹58.58 Fair Value ₹378.20 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

60‑month range ₹58.58 – ₹504.04 · fair‑value band ₹232.72 – ₹472.75 · the ₹443.90 price screens above the ₹378.20 fair value. Dashed = 300-day average. As of Aug 21, 2026.

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Analysis

LT Foods Limited (LTFOODS) currently trades at ₹443.90, while our model-based Fair Value estimate is ₹378.20, implying the stock looks roughly 17.4% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Consumer Defensive sector. Bull case: the DCF Models group reads highest at a median of ₹469.71 per share, and 10 of the 24 models we run sit above the ₹443.90 price. Bear case: the Asset-Based group reads lowest at ₹87.22, and 14 of the 24 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, LT Foods Limited generated revenue of ₹117B at a net margin of 5.5%. Revenue grew 23.8% year over year. It earns a return on equity of 14.9%. Net debt stands at ₹7.4B. Fundamentals as of Aug 21, 2026

Our scenario range runs from ₹232.72 (bear case) to ₹472.75 (bull case); at ₹443.90, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 7% below its 52-week high and 34% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −26% fair-value upside, at −15%, LTFOODS screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹7.16 per share, which is 1.1 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF ₹232.91 ₹426.75 ₹914.37 75
Growth DCF ₹226.79 ₹453.32 ₹811.28 75
EPV ₹225.86 ₹262.40 ₹294.37 74
All 24 models by family
DCF Models
FCF DCF ₹232.91 ₹426.75 ₹914.37 75
Owner Earnings ₹216.38 ₹434.04 ₹852.00 72
5Y Revenue Exit ₹245.28 ₹469.71 ₹791.94 70
5Y EBITDA Exit ₹291.05 ₹571.22 ₹944.80 73
5Y P/E Exit ₹263.30 ₹509.69 ₹810.19 69
10Y Revenue Exit ₹231.06 ₹449.68 ₹822.71 63
10Y EBITDA Exit ₹271.33 ₹527.29 ₹960.26 65
10Y P/E Exit ₹252.36 ₹480.25 ₹839.13 61
Earnings-Based
Graham-Dodd ₹122.46 ₹715.29 ₹995.59 63
Lynch FV ₹202.46 ₹289.23 ₹376.00 61
PEG = 1.0 ₹202.46 ₹289.23 ₹376.00 57
EPV ₹225.86 ₹262.40 ₹294.37 74
Multiples
P/E Multiple ₹283.65 ₹378.20 ₹472.75 63
P/S Multiple ₹229.62 ₹306.16 ₹382.70 58
P/B Multiple ₹229.62 ₹306.16 ₹382.70 55
EV/EBIT ₹342.13 ₹453.96 ₹565.80 66
EV/EBITDA ₹331.94 ₹440.38 ₹548.82 67
EV/Revenue ₹246.08 ₹348.70 ₹451.33 54
Asset-Based
NCAV (Graham) ₹65.09 ₹87.22 ₹130.18 54
Growth DCF
Growth DCF ₹226.79 ₹453.32 ₹811.28 75
Rev-Margin DCF ₹245.28 ₹459.40 ₹758.47 70
Economic Profit
Residual Income ₹126.40 ₹160.62 ₹409.02 68
ROIC Compounder ₹269.16 ₹383.63 ₹545.99 71
Growth Earnings
Growth-Adj P/E ₹297.83 ₹425.47 ₹553.11 67

Widest divergence: DCF Models (₹469.71) versus Asset-Based (₹87.22). Highest evidence: FCF DCF (75).

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Key figures & financial health

P/E ratio 24.1
P/S ratio 1.38 P/E × margin
EPS (TTM) ₹18.44 price ÷ EPS = P/E 24.1
Dividend yield 0.5% payout 10.8%
Net margin 5.7% FY2026
Return on equity 14.9% TTM
More key figures
Profitability
Return on assets (EBIT) 11.1% avg 5y
Operating margin 10.9% TTM
Growth
Revenue (TTM) ₹117B TTM
Revenue growth (YoY) +23.8% 3y avg +16.4%
EPS growth (YoY) +70.7%
Balance sheet & cash flow
Free cash flow ₹5.5B FY2026
Net debt ₹7.4B FY2026 · ≈ 1.3 yrs of FCF

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 59 · Market factors (momentum, volatility) 61

Profitability 60
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 35
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 57
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

LT Foods Limited engages in the milling, processing, and marketing of branded and non-branded basmati rice, and rice food products in India. The company provides basmati and non-basmati, brown, white, steamed, parboiled, organic, quick cooking, value added, flavored, specialty, arborio, jasmine, and fortified rice products.

Full company description

LT Foods Limited engages in the milling, processing, and marketing of branded and non-branded basmati rice, and rice food products in India. The company provides basmati and non-basmati, brown, white, steamed, parboiled, organic, quick cooking, value added, flavored, specialty, arborio, jasmine, and fortified rice products. It also offers organic food and ingredients; and rice-based snacks, and ready to eat/heat and cuppa rice products, as well as biryani kits. The company provides its food products primarily under the Daawat, Royal, Gold Seal Indus Valley, 817 Elephant, Heritage, Devaaya, Rozana, Ecolife, Golden Star, and Kari Kari brand names. It distributes its products to approximately 80 countries, including the United States, Europe, the United Kingdom, the Middle East, and internationally. LT Foods Limited was founded in 1980 and is based in Gurugram, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

LT Foods Limited reported revenue of ₹109B in FY2026 versus ₹53.9B in FY2022, a compound +19.4%/yr. Reported net income was ₹6.3B in FY2026, compounding +21.0%/yr from FY2022.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹109B
Latest YoY
+26.1%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.4%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+18.7%
Avg. revenue growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.9%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+16.5% · in INR
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+16.0%
Dividend yield0.5%
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10.0% (2021) → 8.3% (2026) · falling
Revenue +19.4%/yr
FY22 ₹53.9B
FY23 ₹69.4B
FY24 ₹77.4B
FY25 ₹86.8B
FY26 ₹109B
Net income +21.0%/yr
FY22 ₹2.9B
FY23 ₹4.0B
FY24 ₹5.9B
FY25 ₹6.1B
FY26 ₹6.3B

LTFOODS screens 17% overvalued. Compare with Nestlé S.A →

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Cite: Fair Value Calculator (2026). "LT Foods Limited Fair Value". https://www.fairvalue-calculator.com/stock/LTFOODS.BSE

Peer Group

Packaged Foods · 648 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 59 · Above median
Fair Value upside −15% · Below median
Return on equity (TTM) 15% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 24% · Top 25%
Dividend yield (TTM) 0.5% · Bottom 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 24.1× · Pricier than median
P/B 3.31× · Pricier than 75% of peers
P/S (TTM) 1.28× · Pricier than median
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 11.4× · Pricier than median

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).

Stock Price Fair Value vs Fair Value
Nestlé S.A NESN CHF 78.62 CHF 57.26 −27%
Danone S.A BN €64.28 €48.41 −25%
Nestlé India Limited NESTLEIND ₹1,478 ₹251.94 −83%
The Kraft Heinz Company KHC $24.85 $24.59 −1%
Foshan Haitian Flavouring and Food Company 603288 ¥35.05 ¥21.93 −37%
Inner Mongolia Yili Industrial Group 600887 ¥25.51 ¥32.50 +27%
Yihai Kerry Arawana Holdings 300999 ¥25.28 ¥9.89 −61%
General Mills, Inc GIS $38.29 $28.32 −26%
Wilmar International Limited F34 3.64 SGD 3.89 SGD +7%
Britannia Industries Limited BRITANNIA ₹5,511 ₹1,765 −68%

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Frequently asked questions

Is LT Foods Limited (LTFOODS) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ₹378.20 versus a price of ₹443.90, about −15% upside (overvalued).
What is the fair value of LTFOODS?
Our model-based fair value for LT Foods Limited is ₹378.20 (as of Aug 21, 2026), built from audited fundamentals. The current price: ₹443.90.
What is the quality score of LTFOODS?
LT Foods Limited has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for LT Foods Limited (LTFOODS)?
Our model-based price target is the fair value of ₹378.20 (as of Aug 21, 2026) from 24 valuation models. Cautious scenario ₹232.72, optimistic scenario ₹472.75. It is a calculation from audited fundamentals, not an analyst target.
What is the LT Foods Limited stock forecast for 2026?
Our models put fair value at ₹378.20, about −15% upside versus a price of ₹443.90 (overvalued). Cautious scenario ₹232.72, optimistic scenario ₹472.75. The calculation is refreshed regularly with new filings.
What is the revenue of LT Foods Limited (LTFOODS)?
LT Foods Limited reported trailing-twelve-month revenue of about ₹117B (latest available figure, as of Aug 21, 2026).
What is the net profit margin of LTFOODS?
The net profit margin of LT Foods Limited is about 5.5%, meaning it keeps roughly 5.5% of revenue as net income. Based on the latest reported figures.
Does LT Foods Limited pay a dividend?
LT Foods Limited currently shows a dividend yield of about 0.45% relative to its recent price (as of Aug 21, 2026).
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