Feasting On Profits: How Daawat Yielded 2214% Returns

Published by Trinkerr Academy on

If you had โ‚น1 lakh invested in Daawat in September 2012, then you could have had โ‚น29.9 lakhs today. This multibagger has given its investors โ‚น22,14,000 in profits and โ‚น7,76,029 in dividends. Here’s a closer look at the company.

๐ŸŒพ Stock Name: L T Foods Ltd.

โญ About The Company
70 years ago, a seed was sown and LT Foods is reaping the harvest to date. In the year 1978, Vijay Kumar Arora started a small venture in the village of Amritsar and today it is the leading processor of rice and other speciality foods in India and across the globe.

๐Ÿค” What Does It Do?
It is engaged in milling, processing and marketing branded and unbranded basmati rice and related food products for the domestic and international markets. It also does research and development activities.

๐Ÿงบ Product Portfolio
Its rice product portfolio includes:
๐Ÿš White rice
๐Ÿš Steamed rice
๐Ÿš Brown rice
๐Ÿš Parboiled rice
๐Ÿš Quick cooking rice
๐Ÿš Organic rice
๐Ÿš Value-added rice
๐Ÿš Flavoured rice

Its subsidiary, Nature Bio Foods Limited drives the ingredient-based organic food segment. It has become a reputable brand, providing consumers in the US and European markets with authentic organic ingredients.

It owns several rice brands like:
๐Ÿš Daawat
๐Ÿš Royal
๐Ÿš Heritage
๐Ÿš Devaaya
๐Ÿš Gold Seal Indus Valley
๐Ÿš 817 Elephant

Its primary brands, Royal and Daawat are the leaders in the basmati rice market of India and the US.

๐Ÿ“ฐ Recent Developments:
๐Ÿš In May 2020, Saudi Agricultural & Livestock Investment Company (SALIC) acquired a 30% stake in the company’s subsidiary, Daawat Foods Ltd. at a valuation of $17 Million.

๐Ÿš LT Foods is also the leading partner of Sustainable Rice Platform, a UN Environment and International Rice Research Institute initiative, making it among the best rice-growing companies as per the Sustainable Rice Platform standards.

๐Ÿ’ฐ Stock Value
On September 20, 2012, the shares of the company were trading at โ‚น4.80, while they were priced at โ‚น111.10 as of September 19, 2022.

Categories: Multibaggers


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