Hybrid rice, one of the viable and proven technologies has been considered as a new frontier to increase rice production for meeting growing demand for staple food in Bangladesh. Using farm survey data this paper examines comparative profitability of hybrid and inbred rice cultivation and estimates a Stochastic Frontier Function to determine the effect of key variables on farm efficiency. Results show that hybrid rice gives substantially higher yield as well as net return compared to inbred rice which leads to increase and sustainable growth of food grain production. Analysis of Stochastic Frontier model shows hybrid rice farms are technically more efficient than inbred.