Sector Alpha Week of 2026-08-05
20-quarter listed-company comparison

FMCG - Rice Stocks in India

FMCG - Rice: L T Foods Ltd owns the largest revenue base; GRM Overseas Ltd has the fastest current growth.

01 · the index people search for

Nifty FMCG - Rice Index — Constituents & Performance

The FMCG - Rice companies below are the listed Indian FMCG - Rice universe this page tracks — the same constituent set people search for as the Nifty FMCG - Rice index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

02 · the sector itself · before any single company

How has FMCG - Rice moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 32% ahead of NIFTY 500. Earnings across its companies grew 8% on average over the last four reported quarters — close to flat.

ASLEEP · 1y −15.4%Price up, without the fundamentals confirming0 of 5 companies ahead of NIFTY 500 by 5% or more over three months

RS — · 2/5 >200d (+0) · 0/5 lead (−2) · EPS 5/5↑

20050020262025202420232022 721333 TRAILING 12-MONTH EPS · 100 AT THE START0100133Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 35.4% on a year ago · 5 reportingDec 2023 · trailing 12-month earnings per share at 109, against 100 at the start · up 20.1% on a year ago · 5 reportingMar 2024 · trailing 12-month earnings per share at 113, against 100 at the start · up 12.9% on a year ago · 5 reportingJun 2024 · trailing 12-month earnings per share at 111, against 100 at the start · down 0.4% on a year ago · 5 reportingSep 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 14.5% on a year ago · 5 reportingDec 2024 · trailing 12-month earnings per share at 112, against 100 at the start · up 3.6% on a year ago · 5 reportingMar 2025 · trailing 12-month earnings per share at 111, against 100 at the start · up 0.6% on a year ago · 5 reportingJun 2025 · trailing 12-month earnings per share at 115, against 100 at the start · up 1.9% on a year ago · 5 reportingSep 2025 · trailing 12-month earnings per share at 122, against 100 at the start · up 5.8% on a year ago · 5 reportingDec 2025 · trailing 12-month earnings per share at 131, against 100 at the start · up 9.5% on a year ago · 5 reportingMar 2026 · trailing 12-month earnings per share at 133, against 100 at the start · up 13.9% on a year ago · 4 reportingNot reported yet — earnings trail price by a quarter or two133 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
20050020262025202420232022 721333 TRAILING 12-MONTH EPS · 100 AT THE START0100133Mar 24Mar 25Mar 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 35.4% on a year ago · 5 reportingDec 2023 · trailing 12-month earnings per share at 109, against 100 at the start · up 20.1% on a year ago · 5 reportingMar 2024 · trailing 12-month earnings per share at 113, against 100 at the start · up 12.9% on a year ago · 5 reportingJun 2024 · trailing 12-month earnings per share at 111, against 100 at the start · down 0.4% on a year ago · 5 reportingSep 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 14.5% on a year ago · 5 reportingDec 2024 · trailing 12-month earnings per share at 112, against 100 at the start · up 3.6% on a year ago · 5 reportingMar 2025 · trailing 12-month earnings per share at 111, against 100 at the start · up 0.6% on a year ago · 5 reportingJun 2025 · trailing 12-month earnings per share at 115, against 100 at the start · up 1.9% on a year ago · 5 reportingSep 2025 · trailing 12-month earnings per share at 122, against 100 at the start · up 5.8% on a year ago · 5 reportingDec 2025 · trailing 12-month earnings per share at 131, against 100 at the start · up 9.5% on a year ago · 5 reportingMar 2026 · trailing 12-month earnings per share at 133, against 100 at the start · up 13.9% on a year ago · 4 reportingNot reported yet — earnings trail price by a quarter or two133No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
FMCG - Rice, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 5 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is FMCG - Rice outperforming NIFTY 500?

FMCG - Rice has underperformed NIFTY 500 by 13.3% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 14.7%. 2 of 4 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Chamanlal Setia Exports Ltd is the strongest against the sector itself at +13.9%.

-14.7%Sector vs NIFTY 500 · 13 weeks
-13.3%Sector vs NIFTY 500 · 52 weeks
2/4Stocks leading NIFTY 500
2/4Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

FMCG - Rice has underperformed NIFTY 500 by 13.3% over 52 weeks and 14.7% over 13 weeks. 2 of 4 covered companies beat NIFTY on Mansfield relative strength, while 2 of 4 beat the sector itself. L T Foods Ltd leads with revenue of ₹11,634 crore, based on 4 of 4 comparable companies through Jun 2026.

Companies
4
complete canonical membership
Combined market value
₹25.6K Cr
L T Foods Ltd
Revenue growing
3/4
positive TTM year-on-year growth
Beating NIFTY 500
2/4
positive Mansfield relative strength
Comparing 4 of 4
04 · research priority, made explicit

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.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Chamanlal Setia Exports Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 79.8% evidence confidence.
Chamanlal Setia Exports Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Chamanlal Setia Exports LtdCLSEL 60.9/100Mixed-positive evidence80% evidence ASLEEP 16.2/35 Revenue -3.8% · PAT 10.6% · OPM change 3 pp 83% evidence 16.5/25 ROCE 18.3% · OPM 12% 95% evidence 8.8/20 P/E 12.4× · PEG — 35% evidence 19.4/20 RS sector 13.9% · RS bench 3.8% · 1Y -13.8%6 of 12 weeks ahead 100% evidence
Exact sum: 16.2 + 16.5 + 8.8 + 19.4 = 60.9 · Decision use: Price leads the evidence: RS versus the benchmark is 3.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
2KRBL LtdKRBL 58.0/100Mixed-positive evidence87% evidence ASLEEP 22.5/35 Revenue 9% · PAT 35.9% · OPM change -1 pp 88% evidence 16.9/25 ROCE 15.2% · OPM 15% 100% evidence 15.6/20 P/E 12.4× · PEG 0.21 85% evidence 3.0/20 RS sector -11.4% · RS bench -7.1% · 1Y -10%4 of 10 weeks ahead 70% evidence
Exact sum: 22.5 + 16.9 + 15.6 + 3 = 58 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3L T Foods LtdLTFOODS 53.3/100Mixed-positive evidence97% evidence BASING 16.1/35 Revenue 28.2% · PAT 2.4% · OPM change 0 pp 100% evidence 13.9/25 ROCE 17.7% · OPM 11% 100% evidence 5.8/20 P/E 22.2× · PEG 2.09 85% evidence 17.5/20 RS sector 9.9% · RS bench 0.1% · 1Y -15.9%0 of 12 weeks ahead 100% evidence
Exact sum: 16.1 + 13.9 + 5.8 + 17.5 = 53.3 · Decision use: Price leads the evidence: RS versus the benchmark is 0.1%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
4GRM Overseas LtdGRMOVER 36.7/100Mixed-negative evidence80% evidence ASLEEP 17.0/35 Revenue 31.3% · PAT 22.9% · OPM change -6 pp 83% evidence 11.2/25 ROCE 14% · OPM 5% 95% evidence 8.5/20 P/E 25× · PEG — 35% evidence 0.0/20 RS sector -31.4% · RS bench -37.8% · 1Y -28.6%1 of 12 weeks ahead 100% evidence
Exact sum: 17 + 11.2 + 8.5 + 0 = 36.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
05 · what price has already done

Market action

KRBL Ltd has the strongest one-year price move in FMCG - Rice at -10%. Chamanlal Setia Exports Ltd leads on Mansfield relative strength against NIFTY at +3.8%. 2 of 4 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · compare level, then change

Revenue Scale & Growth Durability

L T Foods Ltd has the highest Revenue among the 4 FMCG - Rice companies compared here, at ₹11,634 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 Jun 2026.

What the numbers say: L T Foods Ltd is the scale leader at ₹11,634 crore, 90.8% 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.

LeaderL T Foods Ltd · ₹11,634 crore
Gap90.8% versus #2 · KRBL Ltd
Persistence8/8 recent comparable periods
Coverage4/4 companies · 67 observations

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.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1L T Foods Ltd LTFOODS₹11.6K Cr
2KRBL Ltd KRBL₹6.1K Cr
3GRM Overseas Ltd GRMOVER⚠ unverified₹1.8K Cr
4Chamanlal Setia Exports Ltd CLSEL⚠ unverified₹1.4K Cr
Revenue growthfastest growers
1GRM Overseas Ltd GRMOVER⚠ unverified31%
2L T Foods Ltd LTFOODS28%
3KRBL Ltd KRBL9.0%
4Chamanlal Setia Exports Ltd CLSEL⚠ unverified-3.8%
Revenue · company comparison
4/4 level · 4/4 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
L T Foods Ltd LTFOODS₹3.2K Cr28%Jun 2026
KRBL Ltd KRBL₹1.5K Cr5.8%Mar 2026
GRM Overseas Ltd GRMOVER⚠ unverified₹597 Cr105%Mar 2026
Chamanlal Setia Exports Ltd CLSEL⚠ unverified₹428 Cr16%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Chamanlal Setia Exports Ltd · CLSEL⚠ unverified

₹354 Cr
₹357 Cr
₹263 Cr
₹309 Cr
₹400 Cr
₹384 Cr
₹363 Cr
₹369 Cr
₹395 Cr
₹368 Cr
₹307 Cr
₹273 Cr
₹431 Cr
₹428 Cr

GRM Overseas Ltd · GRMOVER⚠ unverified

₹357 Cr
₹434 Cr
₹320 Cr
₹204 Cr
₹382 Cr
₹406 Cr
₹370 Cr
₹315 Cr
₹371 Cr
₹291 Cr
₹327 Cr
₹362 Cr
₹483 Cr
₹597 Cr

KRBL Ltd · KRBL

₹1.1K Cr
₹1.2K Cr
₹987 Cr
₹1.2K Cr
₹1.3K Cr
₹1.5K Cr
₹1.3K Cr
₹1.4K Cr
₹1.2K Cr
₹1.4K Cr
₹1.3K Cr
₹1.2K Cr
₹1.3K Cr
₹1.7K Cr
₹1.4K Cr
₹1.6K Cr
₹1.5K Cr
₹1.5K Cr
₹1.5K Cr

L T Foods Ltd · LTFOODS

₹1.3K Cr
₹1.4K Cr
₹1.5K Cr
₹1.6K Cr
₹1.7K Cr
₹1.8K Cr
₹1.8K Cr
₹1.8K Cr
₹2.0K Cr
₹1.9K Cr
₹2.1K Cr
₹2.1K Cr
₹2.1K Cr
₹2.3K Cr
₹2.2K Cr
₹2.5K Cr
₹2.8K Cr
₹2.8K Cr
₹2.9K Cr
₹3.2K Cr

Revenue growth · reported quarter history

Chamanlal Setia Exports Ltd · CLSEL⚠ unverified

13%
7.6%
38%
19%
-1.3%
-4.2%
-15%
-26%
9.1%
16%

GRM Overseas Ltd · GRMOVER⚠ unverified

7.0%
-6.5%
16%
54%
-2.9%
-28%
-12%
15%
30%
105%

KRBL Ltd · KRBL

21%
25%
33%
30%
15%
-8.0%
-6.4%
3.0%
-15%
4.6%
17%
9.4%
32%
19%
-12%
5.8%

L T Foods Ltd · LTFOODS

35%
31%
30%
19%
10%
14%
9.2%
14%
16%
6.6%
17%
7.4%
19%
31%
23%
30%
28%
07 · compare level, then change

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.

LeaderKRBL Ltd · 15%
Gap25% versus #2 · Chamanlal Setia Exports Ltd
Persistence4/8 recent comparable periods
Coverage4/4 companies · 77 observations

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.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1KRBL Ltd KRBL15%
2Chamanlal Setia Exports Ltd CLSEL⚠ unverified12%
3L T Foods Ltd LTFOODS11%
4GRM Overseas Ltd GRMOVER⚠ unverified5.0%
Margin changefastest expanders
1Chamanlal Setia Exports Ltd CLSEL⚠ unverified+3.0 pp
2L T Foods Ltd LTFOODS0.0 pp
3KRBL Ltd KRBL−1.0 pp
4GRM Overseas Ltd GRMOVER⚠ unverified−6.0 pp
Operating margin · company comparison
4/4 level · 4/4 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
KRBL Ltd KRBL15%−1.0 ppMar 2026
Chamanlal Setia Exports Ltd CLSEL⚠ unverified12%+3.0 ppMar 2026
L T Foods Ltd LTFOODS11%0.0 ppJun 2026
GRM Overseas Ltd GRMOVER⚠ unverified5.0%−6.0 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Chamanlal Setia Exports Ltd · CLSEL⚠ unverified

8.3%
10%
11%
8.0%
9.8%
15%
14%
15%
12%
13%
9.0%
9.0%
10%
10%
9.0%
10%
9.0%
12%
12%

GRM Overseas Ltd · GRMOVER⚠ unverified

12%
7.8%
2.9%
9.6%
8.2%
7.0%
4.8%
8.0%
3.9%
4.8%
5.0%
6.0%
3.5%
3.3%
11%
7.0%
4.1%
4.4%
5.0%

KRBL Ltd · KRBL

19%
9.4%
16%
19%
22%
18%
11%
18%
16%
12%
14%
10%
10%
12%
16%
12%
15%
15%
15%

L T Foods Ltd · LTFOODS

12%
11%
9.9%
10%
10.0%
9.0%
11%
12%
12%
12%
12%
12%
11%
11%
12%
11%
11%
11%
9.0%
11%

Margin change · reported quarter history

Chamanlal Setia Exports Ltd · CLSEL⚠ unverified

−4.3 pp
−3.9 pp
−2.6 pp
−2.4 pp
+1.5 pp
+4.8 pp
+2.9 pp
+7.0 pp
+2.2 pp
−2.0 pp
−5.0 pp
−6.0 pp
−2.0 pp
−3.0 pp
0.0 pp
+1.0 pp
−1.0 pp
+2.0 pp
+3.0 pp

GRM Overseas Ltd · GRMOVER⚠ unverified

−0.6 pp
+2.4 pp
−4.2 pp
−2.8 pp
−4.2 pp
−0.8 pp
+1.9 pp
−1.6 pp
−4.3 pp
−2.2 pp
+0.2 pp
−2.0 pp
−0.4 pp
−1.5 pp
+6.0 pp
+1.0 pp
+0.6 pp
+1.1 pp
−6.0 pp

KRBL Ltd · KRBL

−0.7 pp
−9.3 pp
−5.0 pp
−0.2 pp
+2.8 pp
+8.6 pp
−5.5 pp
−0.8 pp
−5.6 pp
−6.0 pp
+3.0 pp
−8.0 pp
−6.0 pp
0.0 pp
+2.0 pp
+2.0 pp
+5.0 pp
+3.0 pp
−1.0 pp

L T Foods Ltd · LTFOODS

−0.6 pp
−1.2 pp
−0.6 pp
−0.4 pp
−1.6 pp
−1.9 pp
+1.1 pp
+1.7 pp
+2.1 pp
+3.0 pp
+1.0 pp
0.0 pp
−1.0 pp
−1.0 pp
0.0 pp
−1.0 pp
0.0 pp
0.0 pp
−3.0 pp
0.0 pp
08 · compare level, then change

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 ₹640 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, 1.3% 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.

LeaderKRBL Ltd · ₹648 crore
Gap1.3% versus #2 · L T Foods Ltd
Persistence5/8 recent comparable periods
Coverage4/4 companies · 67 observations

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.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1KRBL Ltd KRBL₹648 Cr
2L T Foods Ltd LTFOODS₹640 Cr
3Chamanlal Setia Exports Ltd CLSEL⚠ unverified₹115 Cr
4GRM Overseas Ltd GRMOVER⚠ unverified₹75 Cr
Profit growthfastest growers
1KRBL Ltd KRBL36%
2GRM Overseas Ltd GRMOVER⚠ unverified23%
3Chamanlal Setia Exports Ltd CLSEL⚠ unverified11%
4L T Foods Ltd LTFOODS2.4%
Net profit · company comparison
4/4 level · 4/4 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
L T Foods Ltd LTFOODS₹183 Cr8.9%Jun 2026
KRBL Ltd KRBL₹155 Cr0.7%Mar 2026
Chamanlal Setia Exports Ltd CLSEL⚠ unverified₹38 Cr52%Mar 2026
GRM Overseas Ltd GRMOVER⚠ unverified₹22 Cr10%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Chamanlal Setia Exports Ltd · CLSEL⚠ unverified

₹37 Cr
₹38 Cr
₹27 Cr
₹26 Cr
₹39 Cr
₹23 Cr
₹23 Cr
₹27 Cr
₹29 Cr
₹25 Cr
₹22 Cr
₹19 Cr
₹36 Cr
₹38 Cr

GRM Overseas Ltd · GRMOVER⚠ unverified

₹20 Cr
₹11 Cr
₹17 Cr
₹7 Cr
₹15 Cr
₹21 Cr
₹18 Cr
₹9 Cr
₹14 Cr
₹20 Cr
₹19 Cr
₹15 Cr
₹19 Cr
₹22 Cr

KRBL Ltd · KRBL

₹136 Cr
₹73 Cr
₹109 Cr
₹164 Cr
₹213 Cr
₹205 Cr
₹118 Cr
₹195 Cr
₹153 Cr
₹134 Cr
₹114 Cr
₹87 Cr
₹103 Cr
₹133 Cr
₹154 Cr
₹151 Cr
₹172 Cr
₹170 Cr
₹155 Cr

L T Foods Ltd · LTFOODS

₹77 Cr
₹71 Cr
₹72 Cr
₹90 Cr
₹90 Cr
₹100 Cr
₹132 Cr
₹137 Cr
₹157 Cr
₹153 Cr
₹150 Cr
₹155 Cr
₹151 Cr
₹145 Cr
₹161 Cr
₹168 Cr
₹164 Cr
₹157 Cr
₹136 Cr
₹183 Cr

Profit growth · reported quarter history

Chamanlal Setia Exports Ltd · CLSEL⚠ unverified

5.4%
-39%
-15%
3.9%
-26%
8.7%
-4.4%
-30%
24%
52%

GRM Overseas Ltd · GRMOVER⚠ unverified

-25%
91%
5.9%
29%
-6.7%
-4.8%
5.6%
67%
36%
10%

KRBL Ltd · KRBL

16%
57%
181%
8.3%
19%
-28%
-35%
-3.4%
-55%
-33%
-0.8%
35%
74%
67%
28%
0.7%

L T Foods Ltd · LTFOODS

23%
17%
41%
83%
52%
74%
53%
14%
13%
-3.8%
-5.2%
7.3%
8.4%
8.6%
8.3%
-16%
8.9%
09 · compare level, then change

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.

LeaderChamanlal Setia Exports Ltd · 18.3%
Gap3.4% versus #2 · L T Foods Ltd
Persistence0/8 recent comparable periods
Coverage4/4 companies · 60 observations

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.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Chamanlal Setia Exports Ltd CLSEL⚠ unverified18%
2L T Foods Ltd LTFOODS18%
3KRBL Ltd KRBL15%
4GRM Overseas Ltd GRMOVER⚠ unverified14%
ROCE changefastest improvers
1KRBL Ltd KRBL+2.2 pp
2Chamanlal Setia Exports Ltd CLSEL⚠ unverified−0.8 pp
3L T Foods Ltd LTFOODS−1.0 pp
4GRM Overseas Ltd GRMOVER⚠ unverified−3.5 pp
Return on capital · company comparison
4/4 level · 4/4 change
All-company data · latest reported quarter
CompanyROCEROCE changeReported
L T Foods Ltd LTFOODS18%−1.0 ppJun 2026
Chamanlal Setia Exports Ltd CLSEL⚠ unverified17%−0.8 ppMar 2026
GRM Overseas Ltd GRMOVER⚠ unverified14%−3.5 ppMar 2026
KRBL Ltd KRBL13%+2.2 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Chamanlal Setia Exports Ltd · CLSEL⚠ unverified

21%
19%
22%
23%
23%
30%
20%
22%
21%
20%
17%
19%
16%
20%
17%

GRM Overseas Ltd · GRMOVER⚠ unverified

50%
43%
35%
34%
24%
34%
20%
33%
18%
28%
18%
27%
17%
28%
14%

KRBL Ltd · KRBL

18%
14%
16%
18%
17%
18%
14%
14%
10%
12%
11%
14%
14%
16%
13%

L T Foods Ltd · LTFOODS

19%
19%
19%
18%
21%
27%
21%
25%
20%
24%
19%
22%
19%
22%
18%

ROCE change · reported quarter history

Chamanlal Setia Exports Ltd · CLSEL⚠ unverified

+0.8 pp
+3.9 pp
+1.3 pp
−3.1 pp
−2.7 pp
−9.9 pp
−2.7 pp
−3.5 pp
−4.4 pp
−0.7 pp
−0.8 pp

GRM Overseas Ltd · GRMOVER⚠ unverified

−15.4 pp
−9.0 pp
−10.3 pp
−13.6 pp
−6.4 pp
−5.9 pp
−2.7 pp
−5.6 pp
−1.3 pp
−0.8 pp
−3.5 pp

KRBL Ltd · KRBL

−2.3 pp
+4.1 pp
+1.1 pp
−3.5 pp
−6.7 pp
−5.3 pp
−3.4 pp
+0.4 pp
+3.5 pp
+4.1 pp
+2.2 pp

L T Foods Ltd · LTFOODS

−0.4 pp
−0.9 pp
+2.5 pp
+3.1 pp
−0.9 pp
−3.6 pp
−1.8 pp
−2.6 pp
−1.4 pp
−1.7 pp
−1.0 pp
10 · compare level, then change

Valuation Against Growth & Quality

KRBL Ltd has the lowest 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 12.4×, 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 PEG at 0.21×, 90% below L T Foods Ltd. Only 2 of 4 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderKRBL Ltd · 0.21×
Gap90% versus #2 · L T Foods Ltd
Persistence0/8 recent comparable periods
Coverage2/4 companies · 24 observations

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.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1KRBL Ltd KRBL0.2
2L T Foods Ltd LTFOODS2.1
P/Elowest P/E
1Chamanlal Setia Exports Ltd CLSEL⚠ unverified12.4
2KRBL Ltd KRBL12.4
3L T Foods Ltd LTFOODS22.2
4GRM Overseas Ltd GRMOVER⚠ unverified25.0
Valuation · company comparison
2/4 level · 4/4 change
All-company data · latest reported quarter
CompanyPEGP/EReported
L T Foods Ltd LTFOODS2.121.4Jun 2026
KRBL Ltd KRBL0.210.4Mar 2026
GRM Overseas Ltd GRMOVER⚠ unverified45.4Mar 2026
Chamanlal Setia Exports Ltd CLSEL⚠ unverified10.7Mar 2026
Full 20-quarter history · every available company

PEG · reported quarter history

KRBL Ltd · KRBL

0.7
0.3
1.4
0.6
0.3
1.4
0.4
0.2

L T Foods Ltd · LTFOODS

0.4
1.1
0.3
1.2
0.7
0.3
0.4
0.3
0.3
1.1
0.4
0.7
1.6
2.8
3.8
2.1

P/E · reported quarter history

Chamanlal Setia Exports Ltd · CLSEL⚠ unverified

8.9
7.5
8.3
7.6
7.8
8.4
8.7
7.6
9.9
9.9
8.1
9.2
13.7
19.1
15.5
17.9
13.0
13.6
10.7

GRM Overseas Ltd · GRMOVER⚠ unverified

21.2
56.3
39.0
21.8
28.1
35.3
16.5
16.3
19.4
20.7
14.0
18.0
24.3
17.4
25.5
35.6
35.7
49.8
45.4

KRBL Ltd · KRBL

11.7
10.2
10.5
11.3
17.9
16.4
11.8
11.4
13.1
13.1
10.7
11.0
14.1
15.3
14.4
17.7
14.9
15.2
10.4

L T Foods Ltd · LTFOODS

8.6
8.8
8.8
8.1
12.0
11.5
8.9
10.7
12.4
13.4
11.4
15.0
22.5
23.2
22.3
27.8
23.2
21.9
19.9
21.4
11 · before the conclusion, check the blind spots

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.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 2 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • Thin comparisons: Valuation have fewer than three usable current readings.
12 · evidence and freshness

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 Jun 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-31 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing2 cross-checked · 2 unverified · 0 withheld, of 4 graded companies.
How a second data feed is admitted, and what happens when it disagrees

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.

13 · questions investors ask, short speakable answers

FMCG - Rice company comparison FAQs

These 23 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 Jun 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.

Is the FMCG - Rice sector outperforming NIFTY 500?

FMCG - Rice has underperformed NIFTY 500 by 13.3% over 52 weeks and 14.7% over 13 weeks. 2 of 4 covered companies beat NIFTY on Mansfield relative strength, while 2 of 4 beat the sector itself.

Which FMCG - Rice company is largest by revenue?

L T Foods Ltd leads with revenue of ₹11,634 crore, based on 4 of 4 comparable companies through Jun 2026.

Which FMCG - Rice company is growing fastest?

GRM Overseas Ltd has the fastest current revenue growth at 31.3%, across 4 of 4 comparable companies.

Which FMCG - Rice company has the strongest 4-Factor Sector Score?

Chamanlal Setia Exports Ltd ranks first at 60.9/100 with 79.8% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which FMCG - Rice company has the lowest comparable PEG?

KRBL Ltd has the lowest comparable PEG at 0.21, among 2 of 4 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this FMCG - Rice comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

What is the Nifty FMCG - Rice index?

The Nifty FMCG - Rice index tracks India's listed FMCG - Rice companies as a single basket. This page follows the same 4 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the FMCG - Rice sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best FMCG - Rice stocks in India?

Ranked by this page's four-factor score, Chamanlal Setia Exports Ltd places first among 4 listed FMCG - Rice companies, followed by KRBL Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many FMCG - Rice stocks are listed in India?

This comparison covers 4 listed FMCG - Rice companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which FMCG - Rice company is the biggest?

L T Foods Ltd is the largest, with trailing-twelve-month revenue of ₹11,634 crore, ahead of KRBL Ltd at ₹6,098 crore. That covers 4 of 4 companies with comparable reporting through Jun 2026.

Which FMCG - Rice company has the best profit margins?

KRBL Ltd has the highest operating margin at 15%, from 4 of 4 comparable companies. Chamanlal Setia Exports Ltd shows the biggest recent improvement, at +3 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which FMCG - Rice company makes the most profit?

KRBL Ltd earns the most, at ₹648 crore of trailing-twelve-month net profit, from 4 of 4 comparable companies. KRBL Ltd has the fastest profit growth at 35.9%, though growth off a small or recovering profit base overstates how much has actually changed.

Which FMCG - Rice company earns the highest return on capital?

Chamanlal Setia Exports Ltd leads on return on capital employed at 18.3%, across 4 of 4 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which FMCG - Rice stock is the cheapest?

On PEG — where a LOWER number is cheaper — KRBL Ltd screens cheapest at 0.21×. Only 2 of 4 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the FMCG - Rice sector beating the market?

FMCG - Rice has underperformed NIFTY 500 by 13.3% over the last 52 weeks and 14.7% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 4 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which FMCG - Rice stock has the strongest price momentum?

Chamanlal Setia Exports Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which FMCG - Rice company scores highest for research priority?

Chamanlal Setia Exports Ltd scores 60.9 out of 100 with 79.8% evidence confidence, from 16.2 points on growth and earnings, 16.5 on capital efficiency, 8.8 on valuation and 19.4 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many FMCG - Rice companies does this comparison cover, and over what period?

It compares 4 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the FMCG - Rice sector?

The 4 FMCG - Rice companies on this page carry ₹25,565 crore of combined market value. L T Foods Ltd is the largest at ₹14,250 crore, about 56% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.

How is the FMCG - Rice sector performing?

2 of the 4 covered FMCG - Rice companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 13.3% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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