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Mrs Bectors Food Specialities Ltd

BECTORFOOD·NSE
219.30+0.68%Wed, 23 Sept '26 15:57

Mrs Bectors Food Specialities Ltd

BECTORFOOD
NSE
219.30
+0.68%
|Wed, 23 Sept '26 15:57
SOICxStockScans Reports
6M
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Quick Ratios

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Mkt Cap
Market Capitalization
6,738Cr
Close
Close Price
219.50
Industry
Industry
FMCG - Foods
PE
Price To Earnings
45.35
PS
Price To Sales
3.18
Revenue
Revenue
2,119Cr
Rev Gr TTM
Revenue Growth TTM
11.11%
PAT Gr TTM
PAT Growth TTM
7.27%

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
415429406439496492446473551533486549
Growth YoY
Revenue Growth YoY%
19.316.617.417.419.714.89.87.611.18.48.916.0
Expenses
ExpensesCr
350368348375426431391415482465424477
Operating Profit
Operating ProfitCr
656159647061565869686272
OPM
OPM%
15.614.314.414.614.212.512.412.312.612.812.713.1
Other Income
Other IncomeCr
35756711777109
Interest Expense
Interest ExpenseCr
334443233233
Depreciation
DepreciationCr
151616171919202124232226
PBT
PBTCr
504645485346454149514752
Tax
TaxCr
131212121412111012121113
PAT
PATCr
373534353935343137383539
Growth YoY
PAT Growth YoY%
70.224.621.61.74.5-0.12.0-12.8-6.210.13.325.5
NPM
NPM%
9.08.18.38.17.87.07.76.56.67.17.37.1
EPS
EPS
1.31.21.11.21.31.11.11.01.21.21.11.3
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
415429406439496492446473551533486549
Growth YoY
Revenue Growth YoY%
19.316.617.417.419.714.89.87.611.18.48.916.0
Expenses
ExpensesCr
350368348375426431391415482465424477
Operating Profit
Operating ProfitCr
656159647061565869686272
OPM
OPM%
15.614.314.414.614.212.512.412.312.612.812.713.1
Other Income
Other IncomeCr
35756711777109
Interest Expense
Interest ExpenseCr
334443233233
Depreciation
DepreciationCr
151616171919202124232226
PBT
PBTCr
504645485346454149514752
Tax
TaxCr
131212121412111012121113
PAT
PATCr
373534353935343137383539
Growth YoY
PAT Growth YoY%
70.224.621.61.74.5-0.12.0-12.8-6.210.13.325.5
NPM
NPM%
9.08.18.38.17.87.07.76.56.67.17.37.1
EPS
EPS
1.31.21.11.21.31.11.11.01.21.21.11.3

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
6917847628819881,3621,6241,8742,0442,119
Growth
Revenue Growth%
13.5-2.815.612.237.819.215.49.111.1
Expenses
ExpensesCr
6056886697408661,1871,3821,6221,7861,848
Operating Profit
Operating ProfitCr
859693141122175242251258272
OPM
OPM%
12.412.312.216.012.412.914.913.412.612.8
Other Income
Other IncomeCr
2231061219293132
Interest Expense
Interest ExpenseCr
613151071312131211
Depreciation
DepreciationCr
28354245465361769094
PBT
PBTCr
5351399776121188192187198
Tax
TaxCr
1718925193148494749
PAT
PATCr
363330725790140143141149
Growth
PAT Growth%
-7.6-8.6138.4-20.957.655.82.0-1.67.3
NPM
NPM%
5.24.24.08.25.86.68.67.66.97.0
EPS
EPS
6.35.85.32.51.93.14.84.84.64.8
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
6917847628819881,3621,6241,8742,0442,119
Growth
Revenue Growth%
13.5-2.815.612.237.819.215.49.111.1
Expenses
ExpensesCr
6056886697408661,1871,3821,6221,7861,848
Operating Profit
Operating ProfitCr
859693141122175242251258272
OPM
OPM%
12.412.312.216.012.412.914.913.412.612.8
Other Income
Other IncomeCr
2231061219293132
Interest Expense
Interest ExpenseCr
613151071312131211
Depreciation
DepreciationCr
28354245465361769094
PBT
PBTCr
5351399776121188192187198
Tax
TaxCr
1718925193148494749
PAT
PATCr
363330725790140143141149
Growth
PAT Growth%
-7.6-8.6138.4-20.957.655.82.0-1.67.3
NPM
NPM%
5.24.24.08.25.86.68.67.66.97.0
EPS
EPS
6.35.85.32.51.93.14.84.84.64.8

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
575757595959596161
Reserves
ReservesCr
2092372623734104866041,1041,210
Current Liabilities
Current LiabilitiesCr
122141132107134165245269258
Non Current Liabilities
Non Current LiabilitiesCr
122141114143119122193131158
Total Liabilities
Total LiabilitiesCr
5115775666817228311,1001,5661,687
Current Assets
Current AssetsCr
140183176254276294409619589
Non Current Assets
Non Current AssetsCr
3713943904274465376919471,098
Total Assets
Total AssetsCr
5115775666817228311,1001,5661,687
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
575757595959596161
Reserves
ReservesCr
2092372623734104866041,1041,210
Current Liabilities
Current LiabilitiesCr
122141132107134165245269258
Non Current Liabilities
Non Current LiabilitiesCr
122141114143119122193131158
Total Liabilities
Total LiabilitiesCr
5115775666817228311,1001,5661,687
Current Assets
Current AssetsCr
140183176254276294409619589
Non Current Assets
Non Current AssetsCr
3713943904274465376919471,098
Total Assets
Total AssetsCr
5115775666817228311,1001,5661,687

Cash Flow

Consolidated
Standalone
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
475410911084164153161218
Investing Cash Flow
Investing Cash FlowCr
-112-61-43-125-57-151-224-331-213
Financing Cash Flow
Financing Cash FlowCr
587-5128-30-3769248-54
Net Cash Flow
Net Cash FlowCr
-801514-2-23-179-49
Free Cash Flow
Free Cash FlowCr
-71-768302556-61-975
CFO To PAT
CFO To PAT%
129.6162.8361.2152.6147.4182.1109.3112.7154.6
CFO To EBITDA
CFO To EBITDA%
54.456.2118.078.268.893.663.364.284.5
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
475410911084164153161218
Investing Cash Flow
Investing Cash FlowCr
-112-61-43-125-57-151-224-331-213
Financing Cash Flow
Financing Cash FlowCr
587-5128-30-3769248-54
Net Cash Flow
Net Cash FlowCr
-801514-2-23-179-49
Free Cash Flow
Free Cash FlowCr
-71-768302556-61-975
CFO To PAT
CFO To PAT%
129.6162.8361.2152.6147.4182.1109.3112.7154.6
CFO To EBITDA
CFO To EBITDA%
54.456.2118.078.268.893.663.364.284.5

Ratios

Consolidated
Standalone
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
1,9741,6493,1496,5548,9515,4976,738
Price To Earnings
Price To Earnings
27.328.835.046.762.439.045.4
Price To Sales
Price To Sales
2.21.72.34.04.82.73.2
Price To Book
Price To Book
4.63.55.89.97.74.35.3
EV To EBITDA
EV To EBITDA
14.313.918.327.535.221.225.4
Profitability Ratios
Profitability Ratios
GPM
GPM%
38.539.239.841.838.138.641.141.039.939.9
OPM
OPM%
12.412.312.216.012.412.914.913.412.612.8
NPM
NPM%
5.24.24.08.25.86.68.67.66.97.0
ROCE
ROCE%
15.014.412.718.913.719.922.115.213.613.6
ROE
ROE%
13.511.39.516.812.216.621.212.311.111.1
ROA
ROA%
7.05.75.410.67.910.812.89.28.38.3
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Financial YearMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
1,9741,6493,1496,5548,9515,4976,738
Price To Earnings
Price To Earnings
27.328.835.046.762.439.045.4
Price To Sales
Price To Sales
2.21.72.34.04.82.73.2
Price To Book
Price To Book
4.63.55.89.97.74.35.3
EV To EBITDA
EV To EBITDA
14.313.918.327.535.221.225.4
Profitability Ratios
Profitability Ratios
GPM
GPM%
38.539.239.841.838.138.641.141.039.939.9
OPM
OPM%
12.412.312.216.012.412.914.913.412.612.8
NPM
NPM%
5.24.24.08.25.86.68.67.66.97.0
ROCE
ROCE%
15.014.412.718.913.719.922.115.213.613.6
ROE
ROE%
13.511.39.516.812.216.621.212.311.111.1
ROA
ROA%
7.05.75.410.67.910.812.89.28.38.3
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Mrs. Bectors Food Specialities is a branded packaged-foods company built on a single, repeatable skill - industrial-scale baking - that it applies across biscuits, breads, and buns for both retail shoppers and the world’s largest quick-service restaurant (QSR) chains. It began in 1978 as a backyard bakery in Ludhiana with an investment of ₹300, and the pivotal moment came around 1995 when McDonald’s signed the company to bake its burger buns, creating the institutional bakery business that still anchors the company today. The recurring approach is to use deep, long-standing relationships with demanding QSR customers to enforce world-class manufacturing standards, and then carry that same quality into branded retail products sold under the ‘Cremica’ and ‘English Oven’ names. # Business segments Two engines that share the same ovens - a biscuit business built on the ‘Cremica’ brand and export contracts, and a bakery business that supplies both the nation’s burger chains and the premium bread aisle. ## 1. Biscuits: the branded and contract-manufactured engine **A portfolio of cookies, crackers and creams sold under the ‘Cremica’ brand across India and exported to 75 countries, plus a contract-manufacturing stream for global names like Mondelez.** - **A brand born from cream** - the name ‘Cremica’ comes from “cream-ka,” a nod to the founder’s use of cream in her original recipes, and the brand now spans 384 SKUs from coconut cookies and ajwain crackers to millet-based and chocolate-sandwich variants. - **Dominant in its home territory** - the company ranks among the top two in the premium and mid-premium biscuit segment across Punjab, Himachal Pradesh, Ladakh, and Jammu & Kashmir, and held a 4.5% share of that market in North India. - **India’s biscuit exporter** - it is one of the largest biscuit exporters from the country, with roughly a 12% share of total Indian biscuit exports, split almost evenly between its own brands and private-label manufacturing for international retail chains. - **Baking for the biggest names** - the company is a contract manufacturer of select biscuits, including Oreo and Chocobakes, for Mondelez, which means its production lines are audited to the standards of a global snacking giant. - **A network reaching half a million shops** - distribution runs through more than 400 super-stockists and around 900 distributors to over 550,000 retail outlets, with a sales-automation tool that tracks coverage and stock visibility in real time, plus a loyalty programme covering 5,000-plus preferred outlets. ## 2. Bakery: the QSR supplier that became a premium retail brand **Fresh and ambient breads, buns, cakes and frozen dough sold under the ‘English Oven’ brand, built on exclusive, decades-long supply relationships with McDonald’s, KFC, Burger King and others.** - **The bun that built the business** - the company is one of only two key vendors in India supplying processed and semi-processed dough-based products to institutions, and it has been the sole supplier of buns to a leading burger chain in North and East India for over 25 years. - **A factory for every region** - bakery plants in Greater Noida, Khopoli (near Mumbai), Bengaluru, Bhiwadi, and a newly commissioned Kolkata facility give it the ability to serve fresh bread and buns daily across the country, with each plant designed to eventually produce burger buns, breads, and value-added frozen dough under one roof. - **The largest premium bread in India’s biggest cities** - ‘English Oven’ is the largest premium-selling bread brand in Delhi NCR, Mumbai, and Bengaluru, moving an average of more than 275,000 packs of branded bread every day and 11 million loaves a month. - **Quick-commerce leadership** - the brand has emerged as a leader on quick-commerce platforms, where its impulse-friendly products and city-level inventory planning have made it a growth catalyst, with frozen burger buns and gourmet ranges already available on Blinkit in Delhi NCR. - **Protein bread and sourdough as the next frontier** - under the ‘NaturBaked’ clean-label sub-brand, the company launched what it calls India’s first PDCAAS-verified protein bread, containing 56 grams of protein per loaf with no palm oil, no artificial preservatives, and zero maida, and it has just expanded sourdough capacity at its North Indian plant. # Group structure and partners **A single listed entity with three subsidiaries and a brand-separation agreement that keeps ‘Cremica’ for biscuits and ‘English Oven’ for bakery.** - The company has three subsidiaries: Bakebest Foods Private Limited (the material subsidiary), Mrs Bector’s English Oven Limited, and Mrs. Bectors Food International (FZE), the last incorporated in the UAE to trade bakery and confectionery products into the MENA and African markets. - A Brand Separation Agreement ensures the ‘Mrs. Bector’s Cremica’ brand is exclusive to the company for biscuits, and ‘English Oven’ is exclusive for branded breads and bakery products. - The company is part of Walmart’s commitment to source $10 billion in goods from India, and its association with both McDonald’s and Walmart is described as a testament to its quality standards. - Credit ratings stand at AA-/Stable from CRISIL and AA-/Positive from ICRA for long-term borrowings, with A1+ for short-term borrowings from both agencies.

Documents — Mrs Bectors Food Specialities Ltd

  • Q1 FY2027 Earnings Call Transcript (Jun 2026, PDF): https://www.stockscans.in/document/kd640pi1ik023muywcosozff.pdf
  • Q4 FY2026 Earnings Call Transcript (Mar 2026, PDF): https://www.stockscans.in/document/3fkghqgkmtea7a2qvh2j87xf.pdf
  • Q3 FY2026 Earnings Call Transcript (Dec 2025, PDF): https://www.stockscans.in/document/nkmqny86sbhd036wxe7cdcly.pdf
  • Q2 FY2026 Earnings Call Transcript (Sep 2025, PDF): https://www.stockscans.in/document/t4aht8fqqls0mdkgggt3ppxs.pdf
  • Q1 FY2026 Earnings Call Transcript (Jun 2025, PDF): https://www.stockscans.in/document/x11myzqf8ghzpgp32gnq391k.pdf
  • Q4 FY2025 Earnings Call Transcript (Mar 2025, PDF): https://www.stockscans.in/document/ax5syr9hfpj118cw33t9w5u6.pdf
  • Q3 FY2025 Earnings Call Transcript (Dec 2024, PDF): https://www.stockscans.in/document/ig9t4ac82tlm6iin5kci8epj.pdf
  • Q2 FY2025 Earnings Call Transcript (Sep 2024, PDF): https://www.stockscans.in/document/21ho9c1zp28neh1ko2atl82s.pdf
  • Q1 FY2027 Quarterly Result (Jun 2026, PDF): https://www.stockscans.in/document/gmtn4oyn9o7delnwlj215zqb.pdf
  • Q4 FY2026 Quarterly Result (Mar 2026, PDF): https://www.stockscans.in/document/eltpunpipt2k4ou22mt3hcx8.pdf
  • Q3 FY2026 Quarterly Result (Dec 2025, PDF): https://www.stockscans.in/document/6dbjn8maamy38o925edyq9r3.pdf
  • Q2 FY2026 Quarterly Result (Sep 2025, PDF): https://www.stockscans.in/document/kva0m1kpfuyta4wr7xbm5l1u.pdf
  • Q1 FY2026 Quarterly Result (Jun 2025, PDF): https://www.stockscans.in/document/e6sj1ozq5iqb16lmrvkp1n2e.pdf
  • Q4 FY2025 Quarterly Result (Mar 2025, PDF): https://www.stockscans.in/document/8vpuk2mcsjmy0wuc0bk2mc2o.pdf
  • Q3 FY2025 Quarterly Result (Dec 2024, PDF): https://www.stockscans.in/document/vwoxvpatnkn0ylikzr9tkrev.pdf
  • Q2 FY2025 Quarterly Result (Sep 2024, PDF): https://www.stockscans.in/document/06tzrnog4rau1lxik6s27532.pdf
  • Q1 FY2027 Investor Presentation (Jun 2026, PDF): https://www.stockscans.in/document/8fiiyjn2es4b2sgzcsfvujqe.pdf
  • Q4 FY2026 Investor Presentation (Mar 2026, PDF): https://www.stockscans.in/document/pm88feu7gxql4ywv8e7gs6k1.pdf
  • Q3 FY2026 Investor Presentation (Dec 2025, PDF): https://www.stockscans.in/document/3jvujbecpfn8avgnokpjl3fm.pdf
  • Q2 FY2026 Investor Presentation (Sep 2025, PDF): https://www.stockscans.in/document/lntuu2hs9du89syhmntjgul4.pdf
  • Q1 FY2026 Investor Presentation (Jun 2025, PDF): https://www.stockscans.in/document/zmx4t5unx2znnh0pfwlku8dq.pdf
  • Q4 FY2025 Investor Presentation (Mar 2025, PDF): https://www.stockscans.in/document/jm25w7fi0qow11rhyink66fs.pdf
  • Q3 FY2025 Investor Presentation (Dec 2024, PDF): https://www.stockscans.in/document/ba9rd6bz9un1xqcevs52t9f7.pdf
  • Q2 FY2025 Investor Presentation (Sep 2024, PDF): https://www.stockscans.in/document/bsrkmem1lht4ze1qbyhq6mqm.pdf
  • FY2026 Annual Report (PDF): https://www.stockscans.in/document/7ya9s35gbxpvnljwytj50tys.pdf
  • FY2025 Annual Report (PDF): https://www.stockscans.in/document/s5v6v0a6k26h3q9umkn50m2t.pdf
  • FY2024 Annual Report (PDF): https://www.stockscans.in/document/pdc9kq8s8ywfo694vf6wu79u.pdf
  • FY2023 Annual Report (PDF): https://www.stockscans.in/document/lvry0q4ppvbcj3c4wx2er2y0.pdf
  • FY2022 Annual Report (PDF): https://www.stockscans.in/document/6u8kqog9kmww5i8w267i09vt.pdf
  • FY2021 Annual Report (PDF): https://www.stockscans.in/document/nxielkuid349vt8hpoqchfc0.pdf

Concall Transcript Summaries — Mrs Bectors Food Specialities Ltd

  • Q1 FY2027 Concall Transcript Summary (Jun 2026): https://www.stockscans.in/company/NSE%3ABECTORFOOD/transcript-notes/202606/kd640pi1ik023muywcosozff.pdf
  • Q4 FY2026 Concall Transcript Summary (Mar 2026): https://www.stockscans.in/company/NSE%3ABECTORFOOD/transcript-notes/202603/3fkghqgkmtea7a2qvh2j87xf.pdf
  • Q3 FY2026 Concall Transcript Summary (Dec 2025): https://www.stockscans.in/company/NSE%3ABECTORFOOD/transcript-notes/202512/nkmqny86sbhd036wxe7cdcly.pdf
  • Q2 FY2026 Concall Transcript Summary (Sep 2025): https://www.stockscans.in/company/NSE%3ABECTORFOOD/transcript-notes/202509/t4aht8fqqls0mdkgggt3ppxs.pdf
  • Q1 FY2026 Concall Transcript Summary (Jun 2025): https://www.stockscans.in/company/NSE%3ABECTORFOOD/transcript-notes/202506/x11myzqf8ghzpgp32gnq391k.pdf
  • Q4 FY2025 Concall Transcript Summary (Mar 2025): https://www.stockscans.in/company/NSE%3ABECTORFOOD/transcript-notes/202503/ax5syr9hfpj118cw33t9w5u6.pdf
  • Q3 FY2025 Concall Transcript Summary (Dec 2024): https://www.stockscans.in/company/NSE%3ABECTORFOOD/transcript-notes/202412/ig9t4ac82tlm6iin5kci8epj.pdf
  • Q2 FY2025 Concall Transcript Summary (Sep 2024): https://www.stockscans.in/company/NSE%3ABECTORFOOD/transcript-notes/202409/21ho9c1zp28neh1ko2atl82s.pdf