Mrs. Bectors Food Specialities Limited has informed the Exchange about Transcript
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Mrs. Bectors Food Specialities reported FY25 consolidated revenue of INR 1,873.9 crore, up 15.4% YoY, with EBITDA of INR 251.5 crore (13.4% margin) and PAT of INR 143.2 crore. Q4 FY25 revenue grew 9.8% YoY to INR 446.1 crore, but EBITDA margin slipped to 12.5% as input cost inflation pressured profits. The Biscuit segment grew 7% in Q4 to INR 257 crore, while Bakery surged 19% to INR 179 crore. Management announced a final dividend of INR 3 per share, the start of operations at the new Indore facility (21,000 tonne capacity), and ongoing expansion at Khopoli and Calcutta bakery plants. New product launches include shortbread cookies, Teddies crackers, Zero Maida Pav, and the NaturBaked clean-label brand. Management guided for FY26 B2C revenue growth in the low-to-mid teens, target EBITDA margin of 13–14%, and aims for ~5% revenue from new products, with margin normalization expected over 6–9 months.
The stock could see a mixed reaction: revenue growth was healthy but margin compression in FY25 (EBITDA margin down to 13.4% from 14.9% earlier) remains a concern. However, management's confident FY26 guidance on margin recovery to 13–14%, strong growth runway from new facilities and product launches, and the dividend announcement are positives. Shareholders may take comfort in the diversification into health/premium segments, but should watch for execution on margin recovery.