Stock Analysis
LT Foods (NSE:LTFOODS) Full Year 2024 Results
Key Financial Results
- Revenue: ₹78.2b (up 12% from FY 2023).
- Net income: ₹5.93b (up 47% from FY 2023).
- Profit margin: 7.6% (up from 5.8% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: ₹17.09 (up from ₹12.50 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LT Foods Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Food industry in India.
Performance of the Indian Food industry.
The company's shares are up 5.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for LT Foods that you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether LT Foods is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:LTFOODS
LT Foods
Engages in the milling, processing, and marketing of branded and non-branded basmati rice, and rice food products in India.
Flawless balance sheet, undervalued and pays a dividend.