LT Foods Ltd is a leading Indian-origin global FMCG company and a dominant player in the specialty rice and rice-based foods segment. Known for its flagship brand Daawat, the company also operates under brands like Royal, Rozana, Heritage, and Indus Valley across more than 80 countries. With over 70 years of legacy in the agri-food space, LT Foods has built a strong global supply chain and premium product portfolio. Despite modest sales growth, the company reported strong profit expansion in FY2025, driven by operational efficiency and pricing power. This article provides a data-backed outlook on the LT Foods share price target 2026–2030.
LT Foods Ltd: Company Overview
- Founded: 1990 (as part of Lohia Group; demerged in 2005)
- Headquarters: Gurugram, Haryana
- Key Brands: Daawat, Royal, Rozana, Heritage, Indus Valley, Ecolife
- Global Presence: Exports to 80+ countries; major markets include the Middle East, Europe, North America, and Australia
- Business Segments: Basmati Rice, Non-Basmati Rice, Ready-to-Eat (RTE), Organic Foods, and Food Ingredients
LT Foods is not renamed—it continues to operate as LT Foods Ltd (NSE: LTFOODS). The company benefits from India’s leadership in Basmati rice exports and rising global demand for premium, traceable food products.
LT Foods Ltd: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹373.00 |
| Market Capitalization | ₹12,952.53 Cr |
| No. of Shares Outstanding | 34.73 Cr |
| 52-Week High / Low | ₹519 / ₹288 |
| P/E Ratio (TTM) | 60.95 |
| P/B Ratio | 6.84 |
| EPS (TTM) | ₹6.12 |
| Book Value (TTM) | ₹54.53 |
| ROE | 12.14% |
| ROCE | 15.82% |
| Dividend Yield | 0.80% |
| Face Value | ₹1 |
| Cash | ₹66.68 Cr |
| Total Debt | ₹90.20 Cr |
| Debt-to-Equity | 0.05 |
| Sales Growth (YoY) | 1.62% |
| Profit Growth (YoY) | 32.88% |
| Promoter Holding | 51.01% |
LT Foods Ltd Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹390 – ₹440 |
| 2027 | ₹410 – ₹480 |
| 2028 | ₹430 – ₹520 |
| 2029 | ₹450 – ₹560 |
| 2030 | ₹470 – ₹600 |
LT Foods Ltd Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹390 | ₹440 |
LT Foods reported 32.88% profit growth despite only 1.62% sales growth in FY2025, reflecting strong margin control and premiumization. However, its P/E of 60.95x is extremely high for a food company with low top-line momentum. The stock appears overvalued unless earnings compound at 25%+ CAGR. A 2026 target of ₹390–₹440 assumes stable export demand and no major input cost shocks.
LT Foods Ltd Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹410 | ₹480 |
The company’s focus on value-added products (RTE, organic, fortified rice) offers margin upside. If EPS reaches ₹7.00–₹7.80 by FY27 and P/E moderates to 55–58x, the 2027 range of ₹410–₹480 is realistic—but remains speculative without sales acceleration.
LT Foods Ltd Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹430 | ₹520 |
By 2028, benefits from new product launches and geographic diversification should support profitability. However, ROCE (15.82%) and ROE (12.14%) are modest for such a rich valuation. Assuming EPS of ₹7.80–₹8.80 and P/E of 52–55x, the ₹430–₹520 band is justified—if execution stays flawless.
LT Foods Ltd Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹450 | ₹560 |
Long-term tailwinds include global demand for Indian Basmati, food security trends, and premiumization. Risks include geopolitical trade barriers and competition from Thai/Vietnamese rice. Using a P/E of 50–54x on projected EPS (~₹8.50–₹10.40), the 2029 target is ₹450–₹560.
LT Foods Ltd Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹470 | ₹600 |
Over a five-year horizon, LT Foods’ value lies in its brand strength and global footprint—not high sales growth. A terminal P/E of 48–52x on FY30 EPS (~₹9.00–₹11.50) supports the ₹470–₹600 range. Upside is capped by valuation; downside risk is elevated if margins compress.
LT Foods Ltd: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters | 51.01% |
| Public & Retail | 30.44% |
| Domestic Institutional Investors (DII) | 9.63% |
| Foreign Institutional Investors (FII) | 8.93% |
| Others | 0% |
Stable promoter holding ensures strategic continuity, while rising retail participation reflects brand trust.
LT Foods Ltd: Strengths vs Risks
Strengths:
- Global leader in Basmati rice with trusted brands (Daawat = 40%+ market share in premium segment)
- Near-zero debt (D/E: 0.05) and consistent profitability
- Strong 5-year profit CAGR of 26.4%
- Expanding into high-margin RTE and organic categories
Risks:
- Extremely high P/E (60.95x) with low sales growth (1.62%)—valuation mismatch
- ROE (12.14%) and ROCE (15.82%) are modest for current multiples
- Low dividend yield (0.8%) limits income appeal
- Vulnerable to export duty changes and global rice price volatility
Investment Suitability
| Higher than the FMCG average | Assessment |
|---|---|
| Risk Profile | Moderate to High |
| Ideal Time Horizon | 3–5+ years |
| Volatility | Higher than FMCG average |
| Dividend/Income Potential | Minimal (0.8% yield) |
| Best For | Growth-oriented investors comfortable with premium valuations and agri-commodity exposure |
- Rich valuation unwinding amid broader FMCG correction
- Disappointing sales growth (1.62%) despite strong profits
- Hungary’s rejection of its Global Green Group acquisition (Jan 2026)
- Strong profit growth (32.88% YoY)
- Premiumization strategy (higher ASPs in Basmati)
- Global food inflation boosting rice prices
Final Verdict
LT Foods Ltd is a high-quality FMCG exporter with strong brands and global reach. However, its current valuation demands near-perfect execution. Our LT Foods share price target 2026–2030 (₹390 to ₹600) reflects cautious optimism—contingent on margin sustainability and sales revival. Suitable only for high-conviction, long-term investors.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener.in – LT Foods Consolidated Page (FY2025 + TTM)
- Finology Ticker – LTFOODS Financial Ratios & Valuation
- LT Foods Investor Presentation (Q3 FY26, Jan 2026)
- BSE India – Annual Report FY2025
- Ministry of Commerce – Basmati Export Policy Updates
