LT Foods Limited has informed the Exchange about Credit Rating
LTFOODS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 0.4 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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CRISIL Ratings has revised the outlook on LT Foods' long-term bank loan facilities (totaling Rs. 880 crore) to 'Positive' from 'Stable', while reaffirming the long-term rating at AA- and the short-term rating at A1+. The positive outlook reflects expected continued improvement in the company's business risk profile, supported by its strong position in the basmati rice industry, presence in 80+ countries, and flagship brands Daawat and Royal. LT Foods reported consolidated operating income of Rs. 8,769 crore in FY25 (up from Rs. 7,816 crore in FY24) with a healthy PAT of Rs. 612 crore. The company has a low debt-to-EBITDA ratio of 0.7x, and revenue is expected to grow 12-15% in FY26, partly aided by the full consolidation of recently acquired Golden Star Trading Inc.
This is a positive credit signal for LT Foods, indicating CRISIL expects further improvement in the company's financial profile, which could support lower borrowing costs. While the actual rating was reaffirmed rather than upgraded, the upward outlook revision is a vote of confidence in the company's growth trajectory and strong fundamentals.