Tasty Bite Eatables Limited has informed the Exchange regarding a press release dated May 29, 2026, titled "Management letter ".
TASTYBITE · price
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Tasty Bite Eatables reported flat revenue of ₹5,716 million for FY26, with a significant 40% decline in PBI US Affiliate business due to macro-economic and tariff challenges offset by 148% growth in Mars Affiliate business and 18% growth in Food Service business. EBITDA surged 20% to ₹843 million with margin expanding 250 basis points to 14.8%, driven by operational efficiencies and cost controls. PAT jumped 38% to ₹353 million. The company achieved a major milestone by becoming fully debt-free while doubling its cash position. The board proposed a 100% dividend (₹10/share), five times higher than the previous year.
Strong profitability improvement despite flat topline demonstrates effective cost management; debt-free status and 5x dividend increase signal robust financial health and confidence in future growth, particularly for its Cheffin B2C brand and Tasty Bite EXCLUSIVE B2B brand.