LT Foods Ltd, incorporated in 1990, as a private limited company is one of the country’s leading processor and exporter of packaged rice foods under the flagship brand “Daawat”. The brand is among the top players in the domestic branded Basmati Rice markets. The ‘Daawat’ brand has been a great success in international markets as well. When it all began about 30 years ago, nobody could have even dreamt that the small trading company that came into being as Lalchand Tirathram Mills could one day be on its way to become a leading global food company. In 1965, Bhikiwind, in a little village in Amritsar (Punjab, India); Raghunath Arora started a small trading company which grew from being a commissioning agent to a partnership firm by 1977, as Lalchand Tirathram Rice Mills.

In 1978 V K Arora joined the family business with his father, with a clear vision of taking his company to a global level. In 1980, the company started exporting Premium Rice. This was the first step towards making this vision a reality.

Simultaneously, the company decided to face the challenges in domestic markets by setting up a modern, state-of-the-art rice factory in Sonepat, Haryana in 1984. Unorganized players with inconsistent quality products were crowding the market. In this scenario, V K Arora felt the need to promote branded and packaged products. In line with this vision, the company started the business of milling, processing and marketing of branded basmati rice and manufacturing of rice food products in the domestic and overseas market.

Daawat came into being in the 1980s, and this resulted in a steep vertical ascent of the company’s growth in the 1990s. Further industry innovations followed with complete streamlining of the manufacturing process, removal of bottlenecks, and total modernization of rice manufacturing plant and machinery and its balancing capacity. Moving ahead of the market, V K Arora introduced 1kg and 5 kg packs of rice in the market, as per consumers’ requirements. Quality based procurement, state of the art milling plants, product quality and customer focus are a few things Daawat has always been known for.

To increase the acceptability of LT Overseas products globally, the company has taken the lead in implementing industry best manufacturing practices & obtaining internationally acclaimed certifications. LT Overseas (now LT Foods Ltd) was among the first few in the rice industry to obtain the ISO 9001-2000 certification. Presently LT Food has obtained certifications like HACCP, SQF, BRC, and Organic and EIC.

The company has a strong distribution network in all major basmati consuming cities in India with more than a hundred distributors in each state. L T Overseas has also made inroads into more than 50 countries across the globe including markets like USA, Canada, UK , EU, middle east and Africa.

Product range of the company includes:

LT Foods Ltd.

Tasty Bite Eatables Ltd.

Dodla Dairy Ltd

Mrs. Bectors Food Specialities Ltd.

Prataap Snacks Ltd.

Avanti Feeds Ltd.

DFM Foods Ltd.

Vadilal Industries Ltd.

ADF Foods Ltd.

AVT Natural Products Ltd.

Heritage Foods Ltd.

Parag Milk Foods Ltd.

Gulshan Polyols Ltd.

Foods & Inns Ltd.

Chaman Lal Setia Exports Ltd.

HDFC Bank Ltd.

ICICI Bank Ltd.

ITC Ltd.

Reliance Industries Ltd.

Tata Motors Ltd.

Market Cap	3,576 Cr		EPS	3.5		High	114
Stock P/E	32.2		Net Profit Margin	5.5		Low	111.1

Market Cap	3,576 Cr	ROE	16.5%
P/E Ratio(TTM)	32.2	EPS(TTM)	9.7
P/B Ratio	3.2	Dividend Yield	0.9%
Industry P/E	73.4	Book Value	34.5
		Face Value	1.0

DAAWAT