LT Foods outlook upgraded to positive by Crisil

Crisil Ratings upgraded LT Foods Limited's outlook on long-term bank facilities from 'Stable' to 'Positive', while reaffirming the 'Crisil AA-' rating. The revision applies to total bank loan facilities of INR 880 crore.

The upgrade reflects expected continued improvement in LT Foods' business risk profile, supported by strong market position and diversified geographical presence.

Operating income reached INR 8,769 crore in fiscal 2025, up from INR 7,816 crore in fiscal 2024, with operating margin at approximately 12%.

The company maintains strong financials with debt to EBITDA at 0.7 times as of March 31, 2025. Net worth is estimated at INR 3,750 crore, while interest coverage stands at a healthy 12 times in fiscal 2025.