Other Agricultural Products industry

88 companies · ₹59,647 cr · 8 with AI deep dives · Q1FY27 report

Hormuz closure and depleting low-cost inventory drove a margin peak that managements call unsustainable

Turning upmargin troughed at 8.9% and has risen for 7 quarters to 15.4%, on positive revenue growth
Revenue YoY
+14.2%
EBITDA margin
15.4%
+290bps YoY
Price, 1 year
-2.4%
50% of names up
P/E vs own 5y
+3.5%
18.4x now

Exhibit 1The quarter in numbers

constant panel of 11 companies above ₹500 cr
aggregate revenue (₹ cr)EBITDA margin (right axis)
Revenue
Jun 26
9,422 cr
Mar 26
8,494 cr
QoQ
+10.9%
Jun 25
8,249 cr
YoY
+14.2%
Peak
9,422 cr
vs peak
0.0%
EBITDA margin
Jun 26
15.4%
Mar 26
10.7%
QoQ
+470bps
Jun 25
12.5%
YoY
+290bps
Peak
15.4%
vs peak
0bps

Breadth: 77% of 13 companies grew revenue year on year (was 91% a quarter earlier) and 92% expanded margin (was 64%).

Exhibit 2What it costs

15.38x - 24.45x across the panel today

The median name trades at 18.4x, +3.5% against this industry's own 5-year median of 17.8x, and -21.8% against its own peak of 23.5x.

Exhibit 3Structure

₹59,647 cr

L T Foods Ltd is 25.7% of this industry by market cap. The top 5 are 67.7% and the top 10 are 82.4%.

mid 1small 10micro 7114 above ₹500 cr

Exhibit 4Screen

P/E below the sub-industry median of 18.38x, 5y ROCE above its median of 12.51%, and at least 2 growth triggers stated on the latest earnings call.

Which names clear this screen is premium

The screen runs on stated growth triggers from the latest earnings calls - the same guidance data the stock screener reserves for premium. Premium names every company in this industry that is cheap against its own median and has the triggers behind it.

See plans

Exhibit 5Coverage (25 of 88)

Every company here with a deep dive, topped up by market cap. The rest of the industry is in the appendix.

Mcap
₹15,696 cr
P/E
24.5x
EV/EBITDA
13.5x
ROCE
19.1%
Margin
11.2%
Rev YoY
+27.9%
Mcap
₹9,861 cr
P/E
13.0x
EV/EBITDA
10.3x
ROCE
14.8%
Margin
15.8%
Rev YoY
-5.6%
Mcap
₹3,760 cr
P/E
15.1x
EV/EBITDA
-
ROCE
17.0%
Margin
24.2%
Rev YoY
-13.5%
Mcap
₹3,554 cr
P/E
23.9x
EV/EBITDA
13.8x
ROCE
13.7%
Margin
20.7%
Rev YoY
+106.3%
Mcap
₹1,522 cr
P/E
12.2x
EV/EBITDA
9.6x
ROCE
17.8%
Margin
11.6%
Rev YoY
+12.6%
Mcap
₹1,141 cr
P/E
72.3x
EV/EBITDA
6.3x
ROCE
7.6%
Margin
7.8%
Rev YoY
+7.9%
Mcap
₹898 cr
P/E
15.0x
EV/EBITDA
12.5x
ROCE
11.5%
Margin
11.7%
Rev YoY
-18.0%
Mcap
₹475 cr
P/E
9.1x
EV/EBITDA
8.0x
ROCE
24.6%
Margin
11.6%
Rev YoY
+0.4%
Mcap
₹7,653 cr
P/E
18.4x
EV/EBITDA
14.2x
ROCE
12.5%
Margin
11.6%
Rev YoY
+23.5%
Mcap
₹2,188 cr
P/E
46.1x
EV/EBITDA
44.7x
ROCE
7.2%
Margin
6.2%
Rev YoY
+22.2%
Mcap
₹2,073 cr
P/E
20.1x
EV/EBITDA
12.3x
ROCE
24.1%
Margin
10.0%
Rev YoY
-
Mcap
₹1,826 cr
P/E
23.3x
EV/EBITDA
17.3x
ROCE
20.9%
Margin
6.9%
Rev YoY
+30.5%
Mcap
₹1,368 cr
P/E
16.3x
EV/EBITDA
14.3x
ROCE
20.5%
Margin
14.2%
Rev YoY
+82.2%
Mcap
₹952 cr
P/E
33.2x
EV/EBITDA
29.0x
ROCE
27.7%
Margin
10.1%
Rev YoY
+19.4%
Mcap
₹511 cr
P/E
10.8x
EV/EBITDA
8.3x
ROCE
34.2%
Margin
2.7%
Rev YoY
+10.9%
Mcap
₹496 cr
P/E
14.9x
EV/EBITDA
10.5x
ROCE
14.4%
Margin
5.1%
Rev YoY
+18.8%
Mcap
₹495 cr
P/E
14.5x
EV/EBITDA
8.2x
ROCE
8.8%
Margin
7.0%
Rev YoY
+7.2%
Mcap
₹486 cr
P/E
17.1x
EV/EBITDA
16.8x
ROCE
22.3%
Margin
4.1%
Rev YoY
-
Mcap
₹407 cr
P/E
-
EV/EBITDA
-71.1x
ROCE
-6.9%
Margin
-6.0%
Rev YoY
+27.0%
Mcap
₹401 cr
P/E
31.3x
EV/EBITDA
20.9x
ROCE
29.7%
Margin
11.9%
Rev YoY
+169.5%
Mcap
₹320 cr
P/E
15.0x
EV/EBITDA
10.7x
ROCE
28.1%
Margin
10.6%
Rev YoY
+120.1%
Mcap
₹314 cr
P/E
23.6x
EV/EBITDA
12.6x
ROCE
20.2%
Margin
5.3%
Rev YoY
+5.9%
Mcap
₹285 cr
P/E
7.8x
EV/EBITDA
6.4x
ROCE
8.6%
Margin
14.6%
Rev YoY
+15.8%
Mcap
₹249 cr
P/E
23.8x
EV/EBITDA
17.1x
ROCE
15.4%
Margin
17.2%
Rev YoY
-
Mcap
₹235 cr
P/E
16.0x
EV/EBITDA
12.2x
ROCE
21.6%
Margin
7.3%
Rev YoY
+15.7%

Exhibit 6What managements said

from this industry's latest earnings calls · as of 2026-06-30
headwindStrait of Hormuz closure halves Middle East exports, widening domestic-export price spread3 managements

The partial closure since 28 Feb 2026 choked basmati's largest trade corridor. KRBL export revenue fell ~50% YoY (₹244 cr vs ₹485 cr) purely on Middle East volume loss. LTFOODS…

  • KRBL (Q1FY27): “Our exports revenue for Q1 FY 2027 stood at INR244 crores against INR485 crores in Q1…
5 more themes from this quarter's earnings calls are locked. A free account opens 3 full reports a quarter: every theme with verbatim management quotes, the demand picture, companies running against the tide, and the regulatory & disruption watch. Sign up free →

Exhibit 7Outlook

The outlook and what resolves next quarter

Where these managements said things are heading, and the dated, checkable events that would change it. Free with an account - 3 full reports a quarter.

Create a free account

AppendixThe other 63 companies

1-30
sort: mcap · composite · name
Mcap
₹169 cr
P/E
37.4x
EV/EBITDA
14.3x
ROCE
21.0%
Margin
30.7%
Rev YoY
-
Mcap
₹163 cr
P/E
-
EV/EBITDA
11.7x
ROCE
15.0%
Margin
13.8%
Rev YoY
+7.2%
Mcap
₹150 cr
P/E
19.8x
EV/EBITDA
12.2x
ROCE
13.0%
Margin
14.6%
Rev YoY
+25.8%
Mcap
₹142 cr
P/E
11.3x
EV/EBITDA
7.4x
ROCE
26.3%
Margin
28.8%
Rev YoY
+14.7%
Mcap
₹135 cr
P/E
-
EV/EBITDA
-
ROCE
-13.9%
Margin
-16.2%
Rev YoY
-8.3%
Mcap
₹128 cr
P/E
7.3x
EV/EBITDA
5.6x
ROCE
26.8%
Margin
11.8%
Rev YoY
+42.0%
Mcap
₹127 cr
P/E
9.6x
EV/EBITDA
3.3x
ROCE
12.6%
Margin
31.0%
Rev YoY
+0.3%
Mcap
₹117 cr
P/E
105.6x
EV/EBITDA
67.8x
ROCE
1.9%
Margin
5.7%
Rev YoY
-
Mcap
₹115 cr
P/E
1.4x
EV/EBITDA
2.6x
ROCE
8.1%
Margin
63.3%
Rev YoY
+81.8%
Mcap
₹111 cr
P/E
9.0x
EV/EBITDA
11.6x
ROCE
39.6%
Margin
6.0%
Rev YoY
+19.6%
Mcap
₹102 cr
P/E
-
EV/EBITDA
208.6x
ROCE
3.8%
Margin
1.8%
Rev YoY
-77.5%
Mcap
₹98 cr
P/E
211.4x
EV/EBITDA
140.6x
ROCE
1.8%
Margin
2.4%
Rev YoY
+3.2%
Mcap
₹93 cr
P/E
12.6x
EV/EBITDA
10.2x
ROCE
16.7%
Margin
13.0%
Rev YoY
-26.1%
Mcap
₹83 cr
P/E
-
EV/EBITDA
39.7x
ROCE
9.2%
Margin
3.7%
Rev YoY
+67.8%
Mcap
₹81 cr
P/E
4.3x
EV/EBITDA
4.0x
ROCE
26.2%
Margin
6.9%
Rev YoY
+21.5%
Mcap
₹69 cr
P/E
35.1x
EV/EBITDA
-
ROCE
3.2%
Margin
23.8%
Rev YoY
-14.0%
Mcap
₹66 cr
P/E
-
EV/EBITDA
21.6x
ROCE
3.3%
Margin
5.2%
Rev YoY
-56.0%
Mcap
₹65 cr
P/E
-
EV/EBITDA
-16.6x
ROCE
-14.1%
Margin
-20.1%
Rev YoY
-52.0%
Mcap
₹61 cr
P/E
-
EV/EBITDA
360.5x
ROCE
-7.4%
Margin
0.5%
Rev YoY
+47.5%
Mcap
₹59 cr
P/E
-
EV/EBITDA
-
ROCE
-2.2%
Margin
-2.5%
Rev YoY
+66.7%
Mcap
₹55 cr
P/E
10.5x
EV/EBITDA
6.9x
ROCE
21.7%
Margin
12.9%
Rev YoY
-
Mcap
₹54 cr
P/E
6.5x
EV/EBITDA
5.3x
ROCE
26.9%
Margin
10.5%
Rev YoY
+19.6%
Mcap
₹45 cr
P/E
202.5x
EV/EBITDA
61.2x
ROCE
1.6%
Margin
3.4%
Rev YoY
-56.6%
Mcap
₹44 cr
P/E
35.5x
EV/EBITDA
-
ROCE
34.1%
Margin
31.7%
Rev YoY
-34.4%
Mcap
₹44 cr
P/E
-
EV/EBITDA
138.7x
ROCE
-3.7%
Margin
4.2%
Rev YoY
-
Mcap
₹44 cr
P/E
22.4x
EV/EBITDA
10.4x
ROCE
11.0%
Margin
7.8%
Rev YoY
+24.7%
Mcap
₹42 cr
P/E
-
EV/EBITDA
988.3x
ROCE
1.3%
Margin
4.5%
Rev YoY
-56.4%
Mcap
₹41 cr
P/E
150.4x
EV/EBITDA
41.4x
ROCE
2.5%
Margin
84.2%
Rev YoY
+51.9%
Mcap
₹41 cr
P/E
9.8x
EV/EBITDA
7.0x
ROCE
6.7%
Margin
58.8%
Rev YoY
-37.4%
Mcap
₹38 cr
P/E
-
EV/EBITDA
46.6x
ROCE
1.1%
Margin
2.7%
Rev YoY
-0.1%

33 more companies

This industry has 63 constituents beyond the covered names. The first page is free; premium opens the rest.

See plans