FMCG - Rice Stocks in India

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

Revenue Scale & Growth Durability

L T Foods Ltd has the highest Revenue among the 4 FMCG - Rice companies compared here, at ₹10,946 crore. KRBL Ltd is next at ₹6,098 crore. GRM Overseas Ltd has the highest Revenue growth at 31.3%, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: L T Foods Ltd is the scale leader at ₹10,946 crore, 79.5% ahead of KRBL Ltd. GRM Overseas Ltd's growth is 31.3% from a ₹1,769 crore base, with 14 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: L T Foods Ltd is the scale benchmark; GRM Overseas Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: L T Foods Ltd's growth falls below GRM Overseas Ltd's for two consecutive comparable reports while operating margin also compresses.

Operating Economics & Margin Trend

KRBL Ltd has the highest OPM among the 4 FMCG - Rice companies compared here, at 15%. Chamanlal Setia Exports Ltd is next at 12%. Chamanlal Setia Exports Ltd has the highest Margin change at +3 percentage points, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: KRBL Ltd leads opm at 15%; Chamanlal Setia Exports Ltd leads margin change at +3 percentage points.

Investor read: KRBL Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Profit Scale & Acceleration

KRBL Ltd has the highest Net profit among the 4 FMCG - Rice companies compared here, at ₹648 crore. L T Foods Ltd is next at ₹625 crore. The same company also holds the highest Profit growth, at 35.9%. 4 of 4 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: KRBL Ltd leads with ₹648 crore of TTM profit, 3.7% above L T Foods Ltd. KRBL Ltd shows 35.9% growth from a ₹648 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: KRBL Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Capacity Spending & Returns On It

No company in this FMCG - Rice comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 4 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Mar 2026.

Debt Load & Balance-Sheet Headroom

Chamanlal Setia Exports Ltd has the lowest Gross debt among the 4 FMCG - Rice companies compared here, at ₹83 crore. KRBL Ltd is next at ₹170 crore. KRBL Ltd has the lowest Net debt at ₹812 crore net cash, so level and change sit with different companies. Its Gross debt series carries 20 reported observations across the 20-quarter window.

What the numbers say: KRBL Ltd has the clearest covered balance-sheet capacity with ₹812 crore net cash and gross debt of ₹170 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Return On Capital Employed

Chamanlal Setia Exports Ltd has the highest ROCE among the 4 FMCG - Rice companies compared here, at 18.3%. L T Foods Ltd is next at 17.7%. KRBL Ltd has the highest ROCE change at +2.2 percentage points, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Chamanlal Setia Exports Ltd leads ROCE at 18.3%, 0.6 percentage points above L T Foods Ltd. KRBL Ltd has the strongest latest improvement at +2.2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Investor read: Chamanlal Setia Exports Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

Valuation Against Growth & Quality

KRBL Ltd has the lowest Guarded PEG among the 4 FMCG - Rice companies compared here, at 0.21×. L T Foods Ltd is next at 2.09×. Chamanlal Setia Exports Ltd has the lowest P/E at 12.1×, so level and change sit with different companies. 2 of 4 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: KRBL Ltd has the lowest comparable Guarded PEG at 0.21×, 90% below L T Foods Ltd. Only 2 of 4 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

Enterprise Value & Book Value

Chamanlal Setia Exports Ltd has the lowest EV/EBITDA among the 4 FMCG - Rice companies compared here, at 6.1×. KRBL Ltd is next at 6.5×. KRBL Ltd has the lowest P/BV at 1.38×, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Chamanlal Setia Exports Ltd leads ev/ebitda at 6.1×; KRBL Ltd leads p/bv at 1.38×.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Market action

KRBL Ltd has the strongest one-year price move in FMCG - Rice at -11.9%. Chamanlal Setia Exports Ltd leads on Mansfield relative strength against NIFTY at -2.1%. 0 of 4 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

What can make this comparison misleading?

This FMCG - Rice comparison names 6 specific ways its own evidence can mislead, all listed below. All 4 companies here report on comparable dates, so no rank carries a stale marker. 2 draw at least one figure from a second feed with too little overlap to cross-check. A high growth rate can still be a low-base artefact.

Which companies are included?

All 4 companies in the canonical FMCG - Rice membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

How was this comparison built?

This comparison is built from the reported filings of 4 FMCG - Rice companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

FMCG - Rice company comparison FAQs

These 17 answers restate the FMCG - Rice comparison above in question form. Every one is computed from the same 4 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.