Tasty Bite Eatables Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, declared Select Dividend of Rs. 10 per equity share.
TASTYBITE · price
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Tasty Bite Eatables reported FY2026 results with total income of INR 5,716.22 million, marginally lower than FY2025's INR 5,730.15 million. However, profit after tax improved significantly to INR 353.02 million from INR 256.08 million in the prior year, with EPS rising to INR 137.57 from INR 99.80. The Board declared a final dividend of Rs. 10 per share (100% on face value of Rs. 10) on 25,66,000 shares, subject to shareholder approval at the ensuing AGM. Notably, the statutory auditors issued a modified (qualified) opinion due to non-compliance with SEBI regulations regarding related party transactions with Mars Food UK Limited amounting to INR 648.88 million, including failure to obtain prior shareholder approval which was later rejected in a postal ballot.
The company delivered strong earnings growth year-on-year, but the modified audit opinion and failed shareholder vote on related party transactions create governance concerns that could weigh on investor sentiment. The 100% dividend payout is positive for income-focused investors.