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Mrs Bectors Food Specialities Ltd share Price Today

Company details

1,401.05
1,432.05
774.00
1,545.60
6M Return 24.88%
1Y Return 82.86%
Mkt Cap.(Cr) 8,323.19
Volume 54,430
Div Yield 0.14%
OI
-
OI Chg %
-
Volume 54,430

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Packaged Foods company Mrs. Bectors Food Specialities announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenues for Q4FY24 stood at Rs 406.4 crore, reflecting a growth of 17.4% compared to Q4FY23 figure of Rs 346.1 crore.
  • Gross Profit in Q4FY24 amounted to Rs 194.0 crore, indicating a notable increase of 24.0% from Q4FY23 value of Rs 156.4 crore.
  • EBITDA for Q4FY24 reached Rs 58.6 crore, marking a growth of 21.6% compared to Q4FY23 figure of Rs 48.2 crore.
  • Profit After Tax (PAT) in Q4FY24 was Rs 33.6 crore, showcasing a rise of 21.6% from Q4FY23 value of Rs 27.7 crore.
  • EBITDA Margins improved to 14.4% in Q4FY24 from 13.9% in Q4FY23.
  • PAT Margins also saw an increase, reaching 8.3% in Q4FY24 compared to 8.0% in Q4FY23.

FY24 Financial Highlights:

  • Revenues for FY24 surged to Rs 1,623.9 crore, marking a substantial growth of 19.2% from FY23 figure of Rs 1,362.1 crore.
  • Gross Profit in FY24 amounted to Rs 757.8 crore, indicating a significant increase of 24.6% from FY23 value of Rs 608.1 crore.
  • EBITDA for FY24 reached Rs 242.4 crore, showcasing a remarkable growth of 38.4% compared to FY23 figure of Rs 175.2 crore. 
  • Profit After Tax (PAT) in FY24 was Rs 140.4 crore, demonstrating a substantial rise of 55.8% from FY23's value of Rs 90.1 crore.
  • EBITDA Margins improved to 14.9% in FY24 from 12.9% in FY23.
  • PAT Margins also saw a significant increase, reaching 8.6% in FY24 compared to 6.6% in FY23.

Commenting on the Results, Anoop Bector, Managing Director said,  “I’m pleased to announce that the company has delivered a remarkable revenue growth of 17.4% and profitability improved by 21.6% to Rs 33.6 crore in Q4 FY24 on a YoY basis. Our branding and marketing initiatives have been well-positioned to create strong brand recognition among customers. We continue to focus on the premiumisation of our products and increasing our footprint in both existing and new territories by enhancing retail touchpoints and expanding our distribution reach.” 

Result PDF

View Other Company Results

Mrs Bectors Food Specialities Ltd shares SWOT Analysis

Strengths (11)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (2)

  • Decline in Net Profit (QoQ)
  • Declining profits every quarter for the past 2 quarters

Opportunity (1)

  • RSI indicating price strength

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,431.5
R2 1,448.5
R3 1,461.9
Pivot

1,418.07

S1 1,401.1
S2 1,387.7
S3 1,370.7
EMA SMA
1,328.6
1,250.2
1,193.5
1,103.6
1,307.5
1,227.4
1,163.4
1,143.2
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 21.36%
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 Nestle India Ltd Varun Beverages Ltd Godrej Consumer Products Ltd
Price 1,415.10 2,496.25 2,561.85 1,568.00 1,405.95
% Change 0.04 -1.28 0.97 0.66 -0.77
Mcap Cr 8,323.19 586,516.65 247,002.56 203,746.55 143,803.38
Revenue TTM Cr 1,362.14 61,896.00 17,423.38 16,042.58 13,315.97
Net Profit TTM Cr 90.07 10,282.00 2,390.52 2,101.81 1,702.46
PE TTM 59.26 57.85 76.59 93.54 75.62
1 Year Return 82.86 -5.57 14.94 96.48 34.66
ROCE 20.53 25.00 59.47 27.83 16.35
ROE 17.78 20.26 108.52 34.92 13.43
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 544.32 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,884.91 -9,332.45
LAST 3M 106,892.87 -46,178.73
LAST 6M 180,013.62 -16,713.35
LAST 12M 285,796.32 100,710.28
Mrs. Bectors Food Specialities Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 12, 2024 l NSE Announcement

Mrs. Bectors Food Specialities Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 06, 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)
59.26
Promoter Holding
51.18%
Book Value
112.7093
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 Jun 13, 2024 12:24 PM the closing price of Mrs Bectors Food Specialities Ltd was Rs.1,415.10.

The latest PE ratio of Mrs Bectors Food Specialities Ltd as of Jun 13, 2024 12:24 PM is 59.26

The latest PB ratio of Mrs Bectors Food Specialities Ltd as of Jun 13, 2024 12:24 PM is 0.08

The 52-week high of Mrs Bectors Food Specialities Ltd share price is Rs. 1,545.60 while the 52-week low is Rs. 774.00

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 Jun 13, 2024 12:24 PM, the market cap of Mrs Bectors Food Specialities Ltd stood at Rs. 8,323.19.

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