Operates a single business segment of rice manufacturing, trading and export, with basmati rice as the core product. Exports contribute ~88% of revenue, sold through 440+ distributors across 95+ countries including Canada, Australia, Russia, the US, and the Middle East. FY26 revenue stood at Rs. 1,439.58 crore (down 3.7% YoY on lower realizations), while Q4FY26 export volumes reached 44,544 MT, up 31.8% YoY. Costs are split across other operating expenses at 10.9% of revenue and raw materials at 9.9%, with employees at 1.4% and depreciation at 0.3%, indicating a relatively asset-light cost structure. Despite the revenue decline, profit after tax rose 11.6% to Rs. 114.78 crore and EBITDA margin expanded to 11.63%. The company is a government-recognized star export house operating with a net cash position (Net Debt/Equity of -0.06) and ROE of ~15% / ROCE of ~18%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Rice exports (88%), Domestic rice sales (12%). Single-segment basmati rice exporter, asset-light FMCG with high export orientation
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 932 | 1,387 | 1,356 | 1,495 | 1,440 |
| EBITDA (ex other income) | 95 | 159 | 162 | 141 | 157 |
| margin % | 10.2 | 11.5 | 11.9 | 9.4 | 10.9 |
| Owners' profit | 65 | 118 | 116 | 103 | 115 |
| EPS, as reported (₹) | 12.57 | 22.76 | 22.36 | 20.68 | 23.10 |
| ROE % · ROCE % | 15.9 · 20.1 | 19.3 · 24.9 | 16.2 · 21.3 | 14.0 · 18.4 | 13.7 · 17.8 |
| Debt / equity (x) | 0.29 | 0.20 | 0.25 | 0.17 | 0.10 |
| Cash from operations | (58) | 37 | (18) | 73 | 51 |
| Capex | (11) | (9) | (14) | (17) | (10) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 369 | 395 | 368 | 307 | 273 | 431 | 428 | 346 |
| Profit before tax | 36 | 39 | 32 | 29 | 25 | 48 | 52 | 43 |
| Net profit | 27 | 29 | 25 | 22 | 19 | 36 | 38 | 32 |
| EPS (₹) | 5.55 | 5.83 | 4.93 | 4.35 | 3.81 | 7.24 | 7.70 | 6.44 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| LT FOODS LIMITED | 15,244 | 23.8 | 3.37 | 12.9 | 13.8 | 16.0 | 18.7 | 11.5 |
| KRBL LIMITED | 9,630 | 12.7 | 1.66 | 10.0 | 11.2 | 14.7 | 8.8 | 24.9 |
| GUJARAT AMBUJA EXPORTS LT | 7,486 | 18.0 | 2.27 | 13.9 | 9.2 | 11.7 | 4.0 | 17.0 |
| KAVERI SEED CO. LTD. | 3,703 | 15.0 | 2.11 | 10.0 | 16.9 | 17.0 | 6.1 | 40.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · 32nd AGM notice published in newspapers; e-voting and book closure details | compliance | minimal | — | — |
| 5 Sept 2026 · FY26 BRSR filed: Rs 1,400 cr turnover, Rs 115 cr PAT, exports 91%, ESG targets set | compliance | minimal | — | — |
| 5 Sept 2026 · Annual Report FY 2025-26 and 32nd AGM notice filed | results | high | — | — |
| 5 Sept 2026 · 32nd AGM on Sep 28, 2026; Rs 3 (150%) dividend proposed | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Notice of 32nd AGM scheduled on 28 September 2026 via video conferencing | compliance | minimal | — | — |
| 31 Aug 2026 · 32nd AGM on Sep 28 2026; Final dividend of Rs 3 per share declared | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Record date 21 Sept 2026 for dividend and 32nd AGM | corporate actions | medium | — | — |
| 31 Aug 2026 · Book closure Sep 22 to 28, Rs. 3 final dividend, 32nd AGM on Sep 28 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Board fixes 32nd AGM date for Sep 28, 2026 | board shareholder meetings | low | — | — |
| 25 Aug 2026 · CL Setia clarifies on volume surge, says no undisclosed information | compliance | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| TRUALT BIOENERGY LIMITED |
| 3,550 |
| 25.3 |
| 2.25 |
| 13.6 |
| 6.1 |
| 4.8 |
| — |
| 23.5 |
| SANSTAR LIMITED | 2,207 | 65.6 | — | — | — | — | — | 8.8 |
| AMIR CHAND JAG KUM (E) L | 2,131 | 20.4 | 2.31 | 12.6 | 11.2 | 14.8 | — | 9.5 |
| GRM OVERSEAS LIMITED | 1,747 | 13.3 | 2.88 | 16.4 | 12.3 | 16.5 | 17.2 | 8.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 11.8 | 12.0 | 32 of 65 | 52% |
| P/B | 1.8 | 1.7 | 30 of 51 | 42% |
| ROCE | 16.8 | 4.4 | 13 of 68 | 82% |
| ROE | 13.7 | 3.3 | 13 of 54 | 77% |
| Debt / Equity | 0.1 | 0.2 | 21 of 54 | 62% |
| EBITDA margin | 13.2 | 9.7 | 16 of 45 | 66% |
| Revenue growth | 12.6 | 10.3 | 24 of 51 | 54% |
| Profit growth | 47.8 | 16.6 | 23 of 51 | 56% |
| Market cap | 1476 | 69 | 9 of 69 | 88% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
