L T Foods Ltd, founded in the 1980s by the Arora family, is a prominent player in the global food industry, renowned for its premium basmati rice offerings under brands like Daawat, Royal, and ecoLife. Headquartered in India, the company specializes in milling, processing, and marketing branded and non-branded rice products. Its portfolio includes diverse rice varieties such as brown, white, organic, quick-cooking, and flavored rice, along with ready-to-cook rice-based foods. Through its subsidiary, Nature Bio Foods Limited, L T Foods has established a strong foothold in the organic food segment, catering to markets in the US and Europe with authentic organic ingredients.
With a presence in over 65 countries, L T Foods has achieved global recognition for its commitment to quality, sustainability, and innovation. The company emphasizes ethical practices and customer-centric solutions while maintaining control over its supply chain from farm to fork. Its ecoLife brand promotes organic farming, and Devaaya offers trusted staples for families. The company’s efforts have earned it several prestigious awards, including the Reader’s Digest Trusted Brand Award and the Brand Excellence Award by Economic Times.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
| Promoters + | 51.00% | 51.00% | 51.00% | 51.00% | 51.00% |
| FIIs + | 5.73% | 5.14% | 5.89% | 8.03% | 9.33% |
| DIIs + | 5.12% | 4.08% | 5.67% | 5.76% | 5.86% |
| Public + | 38.15% | 39.76% | 37.44% | 35.19% | 33.80% |
| No. of Shareholders | 1,63,196 | 1,77,947 | 1,73,573 | 1,93,968 | 2,01,008 |
The shareholding pattern of L T Foods showcases a stable promoter stake of 51% across all quarters of 2024, reflecting consistent ownership and control by the founding group. Foreign Institutional Investors (FIIs) have steadily increased their holdings, rising from 5.73% in December 2023 to 9.33% by December 2024, indicating growing interest from international investors. Domestic Institutional Investors (DIIs) also showed a slight increase in their stake, moving from 5.12% in December 2023 to 5.86% in December 2024.
Meanwhile, public shareholding in L T Foods has gradually declined, from 38.15% in December 2023 to 33.80% by the end of 2024. This shift may reflect growing institutional interest in the company. The number of shareholders also rose significantly, from 1,63,196 in December 2023 to 2,01,008 in December 2024, demonstrating expanding retail and institutional participation in the stock. These trends highlight the company’s increasing attractiveness in the equity market.
Recent News on L T Foods
On January 27, 2025, the Board of L T Foods approved the acquisition of an additional 4% stake in Raghunath Agro Industries for ₹2.70 crore. This strategic move aims to bolster the company’s supply chain and enhance its product portfolio. By deepening its investment in Raghunath Agro Industries, L T Foods underscores its commitment to strengthening operational efficiency and expanding its offerings to meet growing consumer demand.
Below are the trading platforms that you can use to purchase L T Foods shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| February 2025 | 439.99 | 338.45 |
| March 2025 | 449.23 | 345.56 |
| April 2025 | 444.78 | 342.14 |
| May 2025 | 431.83 | 332.17 |
| June 2025 | 451.26 | 347.12 |
| July 2025 | 442.41 | 340.32 |
| August 2025 | 456.09 | 350.84 |
| September 2025 | 461.57 | 355.05 |
| October 2025 | 473.57 | 364.28 |
| November 2025 | 485.41 | 373.39 |
| December 2025 | 507.25 | 390.19 |
In 2025, L T Foods’ shares are expected to demonstrate consistent growth. Starting February, the share prices may range from a maximum of ₹439.99 to a minimum of ₹338.45. By mid-year, June could see an increase, with shares potentially reaching a maximum of ₹451.26 and a minimum of ₹347.12. Towards the end of the year, October’s share prices might peak at ₹473.57 with a minimum of ₹364.28, and December could close the year at a maximum of ₹507.25 and a minimum of ₹390.19.
| When | Maximum Price | Minimum Price |
| January 2026 | 522.47 | 401.90 |
| February 2026 | 509.41 | 391.85 |
| March 2026 | 519.59 | 399.69 |
| April 2026 | 530.20 | 407.84 |
| May 2026 | 524.95 | 403.81 |
| June 2026 | 538.07 | 413.90 |
| July 2026 | 527.52 | 405.79 |
| August 2026 | 543.84 | 418.34 |
| September 2026 | 554.71 | 426.70 |
| October 2026 | 569.14 | 437.80 |
| November 2026 | 583.36 | 448.74 |
| December 2026 | 597.95 | 459.96 |
As we move through 2026, L T Foods’ shares are expected to maintain an upward trajectory. In January, the share prices may range between a maximum of ₹522.47 and a minimum of ₹401.90. By mid-year, June could witness shares reaching a maximum of ₹538.07 and a minimum of ₹413.90. As we move towards the end of the year, October’s prices might peak at ₹569.14 with a minimum of ₹437.80, and December could close the year with shares potentially achieving a maximum of ₹597.95 and a minimum of ₹459.96.
| When | Maximum Price | Minimum Price |
| January 2027 | 603.93 | 464.56 |
| February 2027 | 619.41 | 476.47 |
| March 2027 | 643.57 | 495.05 |
| April 2027 | 630.95 | 485.35 |
| May 2027 | 612.57 | 471.21 |
| June 2027 | 640.14 | 492.41 |
| July 2027 | 627.59 | 482.76 |
| August 2027 | 647.00 | 497.69 |
| September 2027 | 669.64 | 515.11 |
| October 2027 | 687.05 | 528.50 |
| November 2027 | 704.23 | 541.71 |
| December 2027 | 721.83 | 555.26 |
| When | Maximum Price | Minimum Price |
| January 2028 | 736.27 | 566.36 |
| February 2028 | 755.15 | 580.88 |
| March 2028 | 784.60 | 603.54 |
| April 2028 | 769.22 | 591.71 |
| May 2028 | 746.81 | 574.47 |
| June 2028 | 780.42 | 600.32 |
| July 2028 | 765.12 | 588.55 |
| August 2028 | 788.78 | 606.75 |
| September 2028 | 816.39 | 627.99 |
| October 2028 | 837.61 | 644.32 |
| November 2028 | 858.55 | 660.43 |
| December 2028 | 880.02 | 676.94 |
| When | Maximum Price | Minimum Price |
| January 2029 | 897.62 | 690.48 |
| February 2029 | 920.63 | 708.18 |
| March 2029 | 956.54 | 735.80 |
| April 2029 | 937.78 | 721.37 |
| May 2029 | 910.47 | 700.36 |
| June 2029 | 951.44 | 731.88 |
| July 2029 | 932.78 | 717.53 |
| August 2029 | 961.63 | 739.72 |
| September 2029 | 995.29 | 765.61 |
| October 2029 | 1,021.17 | 785.51 |
| November 2029 | 1,046.70 | 805.15 |
| December 2029 | 1,072.86 | 825.28 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,094.32 | 841.79 |
| February 2030 | 1,122.38 | 863.37 |
| March 2030 | 1,166.15 | 897.04 |
| April 2030 | 1,143.29 | 879.45 |
| May 2030 | 1,109.99 | 853.84 |
| June 2030 | 1,159.94 | 892.26 |
| July 2030 | 1,137.19 | 874.77 |
| August 2030 | 1,172.37 | 901.82 |
| September 2030 | 1,213.40 | 933.38 |
| October 2030 | 1,244.95 | 957.65 |
| November 2030 | 1,276.07 | 981.59 |
| December 2030 | 1,307.97 | 1,006.13 |
As we progress through 2030, L T Foods’ shares are expected to exhibit significant growth. In January, the share prices might range between a maximum of ₹1,094.32 and a minimum of ₹841.79. By mid-year, June could see shares reaching up to ₹1,159.94, with a minimum of ₹892.26. As we progress toward the year’s end, October’s prices may peak at ₹1,244.95 with a minimum of ₹957.65, while December could close the year with shares potentially achieving a maximum of ₹1,307.97 and a minimum of ₹1,006.13.
Financial Condition of L T Foods
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 4,135 | 4,742 | 5,427 | 6,936 | 7,772 | 8,528 |
| Expenses + | 3,668 | 4,180 | 4,835 | 6,235 | 6,835 | 7,563 |
| Operating Profit | 467 | 562 | 592 | 701 | 938 | 965 |
| OPM % | 11% | 12% | 11% | 10% | 12% | 11% |
| Other Income + | 33 | 31 | 23 | 71 | 99 | 109 |
| Interest | 132 | 87 | 69 | 82 | 83 | 85 |
| Depreciation | 91 | 108 | 123 | 127 | 153 | 178 |
| Profit before tax | 277 | 398 | 424 | 563 | 801 | 811 |
| Tax % | 28% | 27% | 27% | 25% | 25% | |
| Net Profit + | 199 | 289 | 309 | 423 | 598 | 602 |
| EPS in Rs | 5.77 | 8.57 | 9.14 | 11.6 | 17.09 | 17.09 |
| Dividend Payout % | 9% | 12% | 11% | 9% | 3% |
The financial performance of L T Foods reflects consistent growth over the years. From March 2020 to March 2024, the company’s sales increased significantly from ₹4,135 crore to ₹7,772 crore, demonstrating robust demand for its products. Correspondingly, operating profits grew from ₹467 crore to ₹938 crore during the same period, showcasing effective cost management despite rising expenses.
The company’s net profit saw a substantial rise, advancing from ₹199 crore in March 2020 to ₹598 crore in March 2024, supported by higher operating margins and other income contributions. The EPS grew from ₹5.77 to ₹17.09, reflecting improved shareholder value. While the dividend payout percentage has fluctuated, dipping to 3% in March 2024, L T Foods continues to prioritize reinvestment in growth opportunities. The overall financials underline the company’s resilience and strong market positioning.
FAQs
What is L T Foods current market capitalization?
L T Foods current market capitalization stands at ₹13,904 crore.
L T Foods current share price is ₹400 as of February 09, 2025.
L T Foods share price target for 2025 ranges from a minimum of ₹332.17 to a maximum of ₹507.25.
L T Foods share price target for 2030 ranges from a minimum of ₹841.79 to a maximum of ₹1,307.97.
What is L T Foods current Price-to-Earnings (P/E) ratio?
L T Foods current Price-to-Earnings (P/E) ratio stands at 23.4.
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Conclusion
In conclusion, L T Foods has established itself as a global leader in the food industry, particularly in the premium basmati rice segment, with a diversified portfolio and strong international presence. The company’s commitment to quality, sustainability, and innovation is reflected in its growing global footprint and recognition through awards. Its financial performance showcases consistent growth, with substantial increases in sales, operating profits, and net profits over the years. The stable promoter shareholding, increasing institutional interest, and expanding shareholder base highlight its growing appeal in the equity market. Furthermore, the strategic acquisition of an additional stake in Raghunath Agro Industries underlines its focus on strengthening its supply chain and expanding its offerings. L T Foods is poised for continued growth, as evidenced by optimistic share price projections for 2025-2030, demonstrating strong investor confidence and market potential.
Having said that, we are not a financial advisor. Please consult a SEBI-registered financial advisor before trading L T Foods. This post on L T Foods share price target from 2025 to 2030 is for educational purposes only.
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