
3 Basmati Rice Company, Chemicals Maker and Suspension Parts Maker Stocks With a Strong Future Roadmap: LT Foods, Atul and Jamna Auto Industries
LT Foods, Atul and Jamna Auto Industries: ROE of 10.9% to 20.1% and FY22 to FY26 revenue CAGR of 5.9% to 19.3%. Prices as of 12 Nov 2026.
Updated: 13 Nov 2026 • 12:25 pm
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Quick Answer
The three basmati rice, chemical and suspension stocks to watch are LT Foods, Atul and Jamna Auto Industries. Their return on equity ranges from 10.9% to 20.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.9% to 19.3%. Jamna Auto Industries has the highest return on equity at 20.1%, while LT Foods has the fastest revenue growth at 19.3% a year. Prices are based on the 12 November 2026 close, and this article is educational, not investment advice.
Basmati rice, chemical and suspension stocks offer a focused view of a sector where demand keeps widening. LT Foods, Atul and Jamna Auto Industries cover a basmati rice company, a chemicals maker and a suspension parts maker.
This list covers three basmati rice, chemical and suspension stocks with complete current figures: LT Foods, Atul and Jamna Auto Industries. Every figure comes from the latest reported financials and the 12 November 2026 market close. Companies without complete current figures were left out.
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What Are Basmati Rice, Chemical and Suspension Stocks?
Basmati rice, chemical and suspension stocks are listed companies that mill and sell basmati rice and packaged foods, make life science, performance and aromatic chemicals, and produce leaf springs and suspension parts for commercial vehicles. Their earnings depend on rice demand, chemical demand and commercial vehicle output.
Basmati Rice, Chemical and Suspension Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| LT Foods | 432 | 13,359 | 20.9 | 33.5 | 13.8 | 0.36 |
| Atul | 5,208 | 17,898 | 22.1 | 35.1 | 10.9 | 0.03 |
| Jamna Auto Industries | 147.08 | 5,570 | 23.8 | 36.9 | 20.1 | 0.01 |
On valuation, all three trade at a P/E below their industry P/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing basmati rice, chemical and suspension stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Basmati Rice, Chemical and Suspension Stocks Have a Strong Roadmap in India?
Basmati rice, chemical and suspension stocks have a strong roadmap in India because growing global taste for basmati, wider use of specialty chemicals and steady freight vehicle production keep widening the market for these companies.
- Basmati rice. Global buyers prefer premium rice.
- Chemicals. Industry needs dependable intermediates.
- Suspension parts. Trucks need strong springs.
Why LT Foods Features Among These Basmati Rice, Chemical and Suspension Stocks
Among the basmati rice, chemical and suspension stocks on this list, LT Foods is a leading maker of basmati and other specialty rice, selling under brands such as Daawat and Royal in India and across global markets. It also sells organic and ready-to-heat foods.
Revenue rose from Rs 5,451 crore in FY22 to Rs 11,023 crore in FY26, a compound annual growth rate of 19.3%. Net profit grew from Rs 309 crore in FY22 to Rs 625 crore in FY26, which works out to a compound annual growth rate of 19.3%.
In the June 2026 quarter, revenue grew 26.4% year on year to Rs 3,161 crore, while net profit rose 8.9% to Rs 183 crore. The company has a return on equity of 13.8%, a debt to equity ratio of 0.36 and a market capitalisation of Rs 13,359 crore. The stock trades at a P/E of 20.9, below the industry P/E of 33.5.
Roadmap: The company is expanding branded sales abroad and growing its organic and ready-to-eat range. Long-standing sourcing relationships with farmers support quality and supply.
What to watch: Follow branded rice volumes, international growth and ready-to-eat sales.
Why Atul Features Among These Basmati Rice, Chemical and Suspension Stocks
Among the rice exporter, colour chemical and leaf spring shares on this list, Atul is a Gujarat-based chemical company with life science chemicals for crop protection and pharmaceuticals, and performance and other chemicals that include aromatics, colours and polymers.
In the June 2026 quarter, revenue grew 25.1% year on year to Rs 1,881 crore, while net profit rose 91.8% to Rs 254 crore. Revenue rose from Rs 5,157 crore in FY22 to Rs 6,476 crore in FY26, a compound annual growth rate of 5.9%.
Net profit grew from Rs 507 crore in FY23 to Rs 689 crore in FY26, which works out to a compound annual growth rate of 10.8%. The company has a return on equity of 10.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 17,898 crore. The stock trades at a P/E of 22.1, below the industry P/E of 35.1.
Roadmap: The company supplies many industries from a single integrated site and has been adding capacity in higher-value chemicals. A broad product basket across agriculture, pharma and consumer uses spreads demand.
What to watch: Check capacity additions and demand in agrochemical and pharmaceutical intermediates.
Why Jamna Auto Industries Features Among These Basmati Rice, Chemical and Suspension Stocks
Among the three companies on this list, Jamna Auto Industries makes leaf and parabolic springs for commercial vehicles, trailers and buses, and holds a leading position in India's suspension springs.
The company has a return on equity of 20.1%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 5,570 crore. The stock trades at a P/E of 23.8, below the industry P/E of 36.9.
Revenue rose from Rs 1,723 crore in FY22 to Rs 2,621 crore in FY26, a compound annual growth rate of 11.1%. Net profit grew from Rs 141 crore in FY22 to Rs 231 crore in FY26, which works out to a compound annual growth rate of 13.2%. In the June 2026 quarter, revenue grew 6.8% year on year to Rs 614 crore, while net profit rose 6.1% to Rs 48.5 crore.
Roadmap: The company benefits from replacement demand and from the shift to lighter, parabolic springs that carry higher margins. A fleet upgrade cycle and infrastructure spending drive commercial vehicle volumes, and Jamna also sells to the aftermarket.
What to watch: Monitor commercial vehicle production trends and steel price movements.
LT Foods vs Atul vs Jamna Auto Industries on Key Financials
The table below sets the three basmati rice, chemical and suspension stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| LT Foods | 5,451 | 11,023 | 19.3% | 625 | 5.7% |
| Atul | 5,157 | 6,476 | 5.9% | 689 | 10.6% |
| Jamna Auto Industries | 1,723 | 2,621 | 11.1% | 231 | 8.8% |
Jamna Auto Industries posts the highest return on equity in this group at 20.1%. LT Foods combines the largest FY26 revenue at Rs 11,023 crore with the fastest revenue growth, a 19.3% compound annual rate. A useful habit with basmati rice, chemical and suspension stocks is to check each new quarterly result against the capacity plans the company described earlier.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| LT Foods | 2,501 | 3,161 | 26.4% |
| Atul | 1,504 | 1,881 | 25.1% |
| Jamna Auto Industries | 575 | 614 | 6.8% |
Key Risks to Check Before Investing in Basmati Rice, Chemical and Suspension Stocks
Every theme carries risks that deserve a check before any decision. For these basmati rice, chemical and suspension stocks, the main points are: Long-term rice exporter, colour chemical and leaf spring shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Commodity prices. Selling prices follow global and domestic markets.
- Raw material and energy costs. Input prices can move margins in chemicals.
- Production cycles. Vehicle output can vary with demand.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter basmati rice, chemical and suspension stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Basmati Rice, Chemical and Suspension Stocks
Basmati rice, chemical and suspension stocks reward patient research into demand, execution and financial strength. LT Foods, Atul and Jamna Auto Industries each have a clear plan to grow. Based on the 12 November 2026 close, LT Foods trades at Rs 432, Atul at Rs 5,208 and Jamna Auto Industries at Rs 147.08. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these basmati rice, chemical and suspension stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track basmati rice, chemical and suspension stocks, set price alerts and get research-backed stock ideas.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are basmati rice, chemical and suspension stocks?
Ans. Basmati rice, chemical and suspension stocks are listed companies that mill and sell basmati rice and packaged foods, make life science, performance and aromatic chemicals, and produce leaf springs and suspension parts for commercial vehicles. Their earnings depend on rice demand, chemical demand and commercial vehicle output. This list looks at three of them, LT Foods, Atul and Jamna Auto Industries, using reported FY22 to FY26 financials and the 12 November 2026 closing prices.
Which basmati rice, chemical and suspension stocks are covered in this list?
Ans. This list covers LT Foods, Atul and Jamna Auto Industries. Based on the 12 November 2026 close, LT Foods traded at Rs 432, Atul at Rs 5,208 and Jamna Auto Industries at Rs 147.08. Their return on equity ranges from 10.9% to 20.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.9% to 19.3%.
Why do basmati rice, chemical and suspension stocks have a strong future roadmap in India?
Ans. Basmati rice, chemical and suspension stocks have a strong roadmap in India because growing global taste for basmati, wider use of specialty chemicals and steady freight vehicle production keep widening the market for these companies. The main drivers are as follows. Basmati rice. Global buyers prefer premium rice. Chemicals. Industry needs dependable intermediates. Suspension parts. Trucks need strong springs. Together these factors give the companies on this list a visible path for growth over the coming years.
How has LT Foods performed financially?
Ans. Revenue rose from Rs 5,451 crore in FY22 to Rs 11,023 crore in FY26, a compound annual growth rate of 19.3%. Net profit grew from Rs 309 crore in FY22 to Rs 625 crore in FY26, which works out to a compound annual growth rate of 19.3%. In the June 2026 quarter, revenue grew 26.4% year on year to Rs 3,161 crore, while net profit rose 8.9% to Rs 183 crore. The company has a return on equity of 13.8%, a debt to equity ratio of 0.36 and a market capitalisation of Rs 13,359 crore. The stock trades at a P/E of 20.9, below the industry P/E of 33.5. Looking ahead, the company is expanding branded sales abroad and growing its organic and ready-to-eat range. Long-standing sourcing relationships with farmers support quality and supply.
How has Atul performed financially?
Ans. Revenue rose from Rs 5,157 crore in FY22 to Rs 6,476 crore in FY26, a compound annual growth rate of 5.9%. Net profit grew from Rs 507 crore in FY23 to Rs 689 crore in FY26, which works out to a compound annual growth rate of 10.8%. In the June 2026 quarter, revenue grew 25.1% year on year to Rs 1,881 crore, while net profit rose 91.8% to Rs 254 crore. The company has a return on equity of 10.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 17,898 crore. The stock trades at a P/E of 22.1, below the industry P/E of 35.1. Looking ahead, the company supplies many industries from a single integrated site and has been adding capacity in higher-value chemicals. A broad product basket across agriculture, pharma and consumer uses spreads demand.
How has Jamna Auto Industries performed financially?
Ans. Revenue rose from Rs 1,723 crore in FY22 to Rs 2,621 crore in FY26, a compound annual growth rate of 11.1%. Net profit grew from Rs 141 crore in FY22 to Rs 231 crore in FY26, which works out to a compound annual growth rate of 13.2%. In the June 2026 quarter, revenue grew 6.8% year on year to Rs 614 crore, while net profit rose 6.1% to Rs 48.5 crore. The company has a return on equity of 20.1%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 5,570 crore. The stock trades at a P/E of 23.8, below the industry P/E of 36.9. Looking ahead, the company benefits from replacement demand and from the shift to lighter, parabolic springs that carry higher margins. A fleet upgrade cycle and infrastructure spending drive commercial vehicle volumes, and Jamna also sells to the aftermarket.
What risks should investors check before buying basmati rice, chemical and suspension stocks?
Ans. Investors should check a few risks before buying basmati rice, chemical and suspension stocks. Commodity prices. Selling prices follow global and domestic markets. Raw material and energy costs. Input prices can move margins in chemicals. Production cycles. Vehicle output can vary with demand. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of basmati rice, chemical and suspension stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 12 November 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.
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