LT Foods Limited on Wednesday has announced its consolidated results for the fourth quarter and year ended 31st March 2021.
LT Foods has been demonstrating a strong year-on-year performance with a 3-Year CAGR growth of 9%/ 19%/ 45% for Revenue/EBITDA/PAT respectively.
FY21 Performance:
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Total Revenue at Rs4,686cr; up 12% yoy
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Gross Profit Margins at 31.1%; up 232 bps yoy
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EBITDA at Rs598cr; up 18% yoy
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Profit After Tax at Rs289cr; up 45% yoy
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Book value per share up by 18%; at Rs59.1 per share
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ROE improved from 12.5% to 15.3%
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EPS at Rs8.57 per share; up by 49%
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Strengthening of balance sheet metrics with reduction in Debt to Equity from 0.91 to 0.66
Commenting on the financial results, Managing Director & CEO, Ashwani Arora said that, “LT Foods has responded to these unprecedented times with agility by prioritizing the health and safety of our team members across globe along with ensuring the availability of our products through our global supply chain hubs to our loyal consumers and serving the community.
"Despite the challenges we achieved a healthy all-round performance on our Strategic Pillars of Growth, Margin Expansion and Strengthening of Financial metrics aided by our integrated “Farm to Fork “model, strong brand presence across geographies, well entrenched distribution network with global supply chain hubs. We are optimistic on the outlook of the overall business as we progress on our journey of creating strong, progressive, sustainable, profitable and growing consumer business across all geographies,”MD & CEO added.
LT Foods ended at Rs79.15 per piece down by 9.75% on Sensex.
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