Annual Report for Financial Year 2024-2025
TASTYBITE · price
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Tasty Bite Eatables has notified the stock exchanges about its 41st Annual General Meeting scheduled for Thursday, 7 August 2025 at Hotel Sheraton Grand Pune at 11:00 AM, along with the release of its Annual Report for FY 2024-25. Remote e-voting will be open from 4 August to 6 August 2025. Key financials for FY25: revenue rose modestly to ₹5,730.15 million (from ₹5,581.96 million), but profit after tax declined sharply to ₹256.08 million (from ₹415.17 million) and EBITDA fell to ₹703.67 million (from ₹921.08 million), reflecting margin pressure. The Foodservice business grew 16% with the Frozen Formed Products segment expanding 42%. The company declared a dividend of ₹2 per share, same as the prior year, and its debt-equity ratio improved to 0.09. Strategic priorities include expanding its Tasty Bite Xclusive B2B distribution and preparing a B2C entry in India with Ready-to-Cook meal kits in FY26.
Shareholders can participate in the AGM or vote remotely between 4-6 August. The significant drop in PAT and EPS (from ₹161.80 to ₹99.80) despite stable revenue signals margin compression, though the company is investing in future growth and maintaining its dividend. The stock may react to the weaker profitability numbers even as growth initiatives are highlighted.