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Mrs Bectors Food Specialities Ltd

Company details

456.75
466.85
245.00
484.00
6M Return 44.09%
1Y Return 26.23%
Mkt Cap.(Cr) 2,722.64
Volume 6,706
Div Yield 0.54%
OI
-
OI Chg %
-
Volume 6,706

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Mrs. Bectors Food Specialities Ltd.

Q1FY23 Quarterly Result Announced for Mrs. Bectors Food Specialities Ltd.

Packaged Foods firm Mrs. Bectors Food Specialities announced Q1FY23 Result :

  • Biscuit segment reported a growth of 24% in Q1FY23 over Q1FY22. This segment has grown by 26% over Q1FY21.
    • Our domestic biscuit segment and exports witnessed higher double-digit growth in Q1FY23 as compared to same period last
  • Bakery segment has grown by 56% in Q1FY23 including retail bakery and institutional segment. This segment has grown by 114% as compared to Q1FY21
    • Both Retail & Institutional Bakery has grown by higher double digit in Q1FY23 as compared to same period last year. The Company continues to focus on increasing distribution and premiumization of products

Commenting on the Results, Mr. Anoop Bector, Managing Director said, “We witnessed revenue growth of 33% with strong growth momentum across both the biscuits and bakery segment. I’m pleased to share that we saw growth in both volumes and realization. In first quarter, we continued to experience pressure on raw materials prices and the Company also took price hikes to mitigate these pressures. Having said this, the Company is currently witnessing softening of raw material prices, this coupled with price hikes is expected to have a positive impact on our EBITDA margins, going forward. Mrs Bectors has focused over past few months on strengthening leadership team, building capacities to enhance manufacturing infrastructure, driving S&D through digitization and field force augmentation alongside premiumization..

We have successfully onboarded marketing and supply chain head from reputed organizations to achieve our long-term growth targets. The Company has recently implemented salesforce management system (SFS) and is expected to implement Distributor Management System (DMS) in the coming quarters. The company continues to enhance its existing distribution and plans to double its network in North India in next two years. Further, we will also focus on enhancing our presence in Western and Southern India over next few quarters."

 

Result PDF

View Other Company Results

FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 468.98 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 17,871.26 -28,732.63
LAST 3M 35,065.84 -30,146.79
LAST 6M 57,360.50 38,576.46
LAST 12M 186,944.70 -113,961.48

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

Feb 03, 2023 l NSE Announcement

Mrs. Bectors Food Specialities Limited - Board Meeting

Feb 01, 2023 l NSE Announcement

Mrs Bectors Food Specialities to conduct board meeting

Feb 01, 2023 l BSE Announcement

Date Action Type Ratio
Sep 22, 2022 Dividend 12.5
Feb 24, 2022 Dividend 12.5
Jul 28, 2021 Dividend 24

INFORMATION

Stock PE (TTM)

45.15

Promoter Holding

51.14%

Book Value

84.4445

ROCE

13.84%

ROE

12.69%

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.

No Data Found

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

ICICIdirect Mrs Bectors Food Specialities Ltd FAQ

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 Feb 03, 2023 04:01 PM the closing price of Mrs Bectors Food Specialities Ltd was ₹ 462.90.
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 Feb 03, 2023 04:01 PM, the market cap of Mrs Bectors Food Specialities Ltd stood at ₹ 2,722.64.
The latest PE ratio of Mrs Bectors Food Specialities Ltd as of Feb 03, 2023 04:01 PM is 45.15
The latest PB ratio of Mrs Bectors Food Specialities Ltd as of Feb 03, 2023 04:01 PM is 0.18
The 52-week high of Mrs Bectors Food Specialities Ltd is ₹ 484.00 while the 52-week low is ₹ 245.00

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