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Mrs Bectors Food Specialities Ltd share Price Today

Company details

1,076.45
1,121.80
519.75
1,373.95
6M Return 8.93%
1Y Return 112.04%
Mkt Cap.(Cr) 6,556.33
Volume 153,345
Div Yield 0.27%
OI
-
OI Chg %
-
Volume 153,345

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Mrs. Bectors Food Specialities announced Q3FY24 & 9MFY24 results:

Q3FY24 vs Q3FY23:

  • Revenues: Rs 428.9 crore, showing a growth of 16.6% compared to Q3FY23.
  • Gross Profit: Rs 194.6 crore, increased by 17.8% from Q3FY23.
  • Gross Profit Margin: 45.4%, up from 44.9% in Q3FY23.
  • EBITDA: Rs 61.2 crore, grew by 19.4% compared to Q3FY23.
  • EBITDA Margin: 14.3%, improved from 13.9% in Q3FY23.
  • Profit After Tax (PAT): Rs 34.6 crore, showing a significant growth of 24.6% compared to Q3FY23.
  • PAT Margin: 8.1%, increased from 7.5% in Q3FY23.

9MFY24 vs 9MFY23:

  • Revenues: Rs 1,217.6 crore, increased by 19.8% compared to 9MFY23.
  • Gross Profit: Rs 563.8 crore, up by 24.8% from 9MFY23.
  • Gross Profit Margin: 46.3%, improved from 44.4% in 9MFY23.
  • EBITDA: Rs 183.8 crore, showing a significant growth of 44.8% compared to 9MFY23.
  • EBITDA Margin: 15.1%, increased from 12.5% in 9MFY23.
  • Profit After Tax (PAT): Rs 106.7 crore, showing a substantial growth of 71.0% compared to 9MFY23.
  • PAT Margin: 8.8%, improved from 6.1% in 9MFY23.

Commenting on the Results, Anoop Bector, Managing Director said, “Our investments across different business verticals have reaped benefits for us which is evident from our strong quarterly performance. Our consolidated Q3 revenues increased by 17% and PAT by 25% on YoY basis.

Manufacturing superior and stringent quality products has been our strength and we are pleased to announce that our upcoming state of the art manufacturing facilities at Dhar, MP & Khopoli (Maharashtra) are on track and we have commenced construction of the respective factory buildings as well. Moving forward these incremental capacities complemented with our efforts in establishing robust distribution network over the last few years will help the company to expand our operations into newer markets as well as penetrate the existing markets.

We remain committed to distribution led growth and are confident of achieving our target of 3.2 Lakhs direct distribution reach by the end of FY24."

Result PDF

View Other Company Results

Mrs Bectors Food Specialities Ltd shares SWOT Analysis

Strengths (7)

  • Company with high TTM EPS Growth
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company with Low Debt

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (3)

  • Companies with growing costs YoY for long term projects
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,132.2
R2 1,149.7
R3 1,177.5
Pivot

1,104.32

S1 1,086.8
S2 1,059.0
S3 1,041.5
EMA SMA
1,063.6
1,088.3
1,093.0
1,015.3
1,053.5
1,099.4
1,145.4
1,057.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BAJAJ HOLDINGS AND INVESTMENT LIMITED Bulk Sell 2022-08-19 360.06 322176 NSE
SBI MUTUAL FUND Bulk Purchase 2022-04-13 303 3300330 NSE
BLEND FUND 2 Bulk Purchase 2022-04-13 303 1000000 NSE
Name Category Shares
Anoop Bector PROMOTER 21.35%
Anoop Bector Huf PROMOTER 3.41%
Anoop Bector (AB Family Trust) PROMOTER 10.2%
Ishaan Bector (IB Family Trust) PROMOTER 8.1%
Suvir Bector (SB Family Trust) PROMOTER 8.1%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Mrs Bectors Food Specialities Ltd Stocks COMPARISON

Financials( in Cr) Mrs Bectors Food Specialities Ltd Hindustan Unilever Ltd Varun Beverages Ltd Godrej Consumer Products Ltd Britannia Industries Ltd
Price 1,114.70 2,264.35 1,398.60 1,251.80 4,911.25
% Change 2.75 1.10 1.05 1.36 -0.18
Mcap Cr 6,556.33 532,029.64 181,708.21 128,036.61 118,296.30
Revenue TTM Cr 1,362.14 60,580.00 16,042.58 13,315.97 16,300.55
Net Profit TTM Cr 90.07 10,143.00 2,101.81 1,702.46 2,316.32
PE TTM 48.77 51.68 85.67 68.44 54.73
1 Year Return 112.04 -9.39 105.86 30.18 16.52
ROCE 20.53 24.88 27.83 16.35 48.18
ROE 17.78 20.42 34.92 13.43 66.62
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 544.32 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24
Mrs. Bectors Food Specialities Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Mar 28, 2024 l NSE Announcement

Date Action Type Ratio
Feb 21, 2024 Dividend 12.5
Sep 22, 2023 Dividend 17.5
Feb 17, 2023 Dividend 12.5

Mrs Bectors Food Specialities Ltd Information

Stock PE (TTM)
48.77
Promoter Holding
51.17%
Book Value
103.053
ROCE
20.53%
ROE
17.78%
Description
  • Mrs Bector's Food Specialties Ltd. is engaged in Packaged Foods Industry in India. Its market capitalization is worth INR 2,115.46 Cr. as of 16 April 2021. The company's business started in 1978. The company has reported quarterly revenue of INR 212.69 Cr. as of the end of December 2020. This company is found listed on the Bombay Stock Exchange (BSE), having the code 543253 and on the National Stock Exchange (NSE) with the symbol BECTORFOOD. Its products are all about freshness, quality and taste. The company majorly manufactures a wide range of bread, biscuits and ice-creams under their brand names, 'Mrs. Bector's Cremica' and 'English Oven'. Mrs Bectors Food Specialities Limited holds a strong footprint in the North Indian market. It specializes in the manufacturing of mid-premium and premium biscuits and bread, but, over the years, it has expanded the range of its products to cover all kinds of cookies and biscuits suitable for both export markets and domestic markets. It is the sole supplier to some of the substantial QSR (Quick Service Restaurant) players in India. Mrs Rajni Bector is the company's founder, and the recipes here are inspired by all the original recipes she created. Mr Anoop Bector is the MD and promoter of the company with over 25 years of industry experience. Mrs Bectors Food Specialities Limited caters to 23 states in India and exports to nearly 64 countries under its brand and third-party private labels. All of the manufacturing takes place in-house across manufacturing units located in five states: Maharashtra, Himachal Pradesh, Karnataka, UP and Punjab. The company has shown a dynamic improvement in its financials over a period of the preceding three years. The upgrades are calculated on the parameters of cash flows, borrowings, margins and working capital. After-tax grew 86% to INR 21 crores, the company's profit is seen that the sales are gradually coming back to the pre-COVID levels. The company debuted in the stock market on 15 December 2020 with INR 286 per equity share price and was fully subscribed on day one. Though the current growth rate is lower than the industrial growth rate of 16%, the company claims that it is expected to grow to post correlated relaxations.

Registered Address

Theing Road, Phillaur, Jalandhar, Punjab, 144410

Tel : 91-182-6225418
Email : compliance:cremica.in
Website : http://www.cremica.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543253
NSE Code : BECTORFOOD
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE495P01012

FAQ’s on Mrs Bectors Food Specialities Ltd Shares

You can buy Mrs Bectors Food Specialities Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mrs Bectors Food Specialities Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:53 PM the closing price of Mrs Bectors Food Specialities Ltd was ₹ 1,114.70.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:53 PM, the market cap of Mrs Bectors Food Specialities Ltd stood at ₹ 6,556.33.

The latest PE ratio of Mrs Bectors Food Specialities Ltd as of Mar 28, 2024 03:53 PM is 48.77

The latest PB ratio of Mrs Bectors Food Specialities Ltd as of Mar 28, 2024 03:53 PM is 0.09

The 52-week high of Mrs Bectors Food Specialities Ltd share price is ₹ 1,373.95 while the 52-week low is ₹ 519.75

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