Manufactures and sells packaged biscuits and bakery products in India under brands including English Oven. The business runs two segments — Biscuits and Bakery — that together generated FY26 revenue of Rs. 2,043.6 crores, up 9.1% year-on-year. Biscuits contributed Rs. 1,235 crores in FY26 (growing 7%) while Bakery contributed Rs. 769 crores (growing 14%), with the company crossing the Rs. 2,000 crore revenue milestone for the first time. During FY26 the company commissioned new manufacturing plants at Kolkata and Khopoli, lifting property, plant and equipment on the balance sheet from Rs. 550.4 crores to Rs. 855.8 crores. Raw materials — wheat flour (atta) and other ingredients — are the dominant input, accounting for 52.1% of revenue, followed by employee costs at 14.4% and other operating expenses at 18.2%. Despite the revenue growth, FY26 profit after tax slipped 1.6% to Rs. 140.9 crores as margins compressed, and the company has launched a cost-efficiency programme called Project IMPACT from Q1 FY27. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Biscuits, Bakery. Branded packaged-foods FMCG, asset-heavy manufacturing
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 988 | 1,362 | 1,624 | 1,874 | 2,044 |
| EBITDA (ex other income) | 122 | 175 | 242 | 251 | 258 |
| margin % | 12.4 | 12.9 | 14.9 | 13.4 | 12.6 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 9.72 | 15.31 | 23.87 | 23.79 | 4.59 |
| ROE % · ROCE % | 12.2 · 14.1 | 16.5 · 20.1 | 21.2 · 23.4 | 12.3 · 15.8 | 11.1 · 13.9 |
| Debt / equity (x) | 0.27 | 0.22 | 0.34 | 0.11 | 0.10 |
| Cash from operations | 84 | 164 | 153 | 161 | 218 |
| Capex | (60) | (109) | (215) | (259) | (214) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 496 | 492 | 446 | 473 | 551 | 533 | 486 | 549 |
| Profit before tax | 52 | 46 | 45 | 41 | 49 | 50 | 47 | 52 |
| Net profit | 39 | 35 | 34 | 31 | 37 | 38 | 35 | 39 |
| EPS (₹) | 6.56 | 5.64 | 5.59 | 5.03 | 5.95 | 1.24 | 1.15 | 1.26 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| NESTLE INDIA LIMITED | 2,66,742 | 70.0 | 51.72 | 48.5 | 67.9 | 54.7 | — | 24.4 |
| BRITANNIA INDUSTRIES LTD | 1,19,535 | 45.9 | 23.27 | 32.0 | 49.4 | 59.8 | 7.8 | 18.0 |
| ZYDUS WELLNESS LIMITED | 17,452 | 92.7 | 3.00 | 43.2 | 3.4 | 2.4 | 16.2 | 17.1 |
| BIKAJI FOODS INTERN LTD | 13,784 | 53.3 | 8.07 | 30.5 | 14.9 | 18.3 | — | 15.3 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 27 Aug 2026 · Newspaper notice published for 31st AGM, book closure, e-voting and dividend | compliance | minimal | — | — |
| 26 Aug 2026 · Record date Sept 11, 2026 set for FY26 final dividend of Rs 0.70 per share | corporate actions | high | — | — |
| 26 Aug 2026 · Mrs Bectors Food files BRSR for FY 2025-26 | compliance | minimal | — | — |
| 26 Aug 2026 · 31st AGM on Sep 18, 2026; Rs 1.30 per share dividend; record date Sep 11 | corporate actions | high | — | — |
| 26 Aug 2026 · Mrs Bectors FY26 Annual Report: Revenue Crosses 2000 Crore Mark | results | high | — | — |
| 13 Aug 2026 · Q1 FY27 earnings call transcript filed, revenue up 16%, EBITDA margin expands | investor communications | medium | — | — |
| 10 Aug 2026 · Newspaper publication of Q1 FY27 financial results | compliance | minimal | — | — |
| 7 Aug 2026 · Audio Recording Link for Q1 FY27 Conference Call | investor communications | low | — | — |
| 7 Aug 2026 · Mrs Bectors Q1 FY27 Investor Presentation: Revenue up 16%, PAT up 25% | investor communications | medium | — | — |
| 7 Aug 2026 · Mrs Bectors Q1 FY27: Revenue up 16%, PAT up 25.5% YoY | results | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| BOMBAY BURMAH TRADING COR | 9,974 | 7.7 | 1.04 | 2.8 | 26.0 | 33.5 | 7.8 | 17.7 |
| MRS BECTORS FOOD SPE LTD ◆ | 7,452 | 25.3 | 5.86 | 26.1 | 11.1 | 13.1 | 18.3 | 14.7 |
| GOPAL SNACKS LIMITED | 3,225 | 38.4 | 6.74 | — | 15.4 | 19.4 | — | 7.6 |
| ADF FOODS LIMITED | 2,968 | 32.3 | 5.19 | 20.2 | 15.7 | 18.8 | 13.1 | 18.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 25.3 | 31.1 | 17 of 40 | 59% |
| P/B | 5.9 | 3.0 | 25 of 34 | 27% |
| ROCE | 13.1 | 7.0 | 15 of 41 | 65% |
| ROE | 11.1 | 7.7 | 15 of 36 | 60% |
| Debt / Equity | 0.1 | 0.1 | 18 of 36 | 51% |
| EBITDA margin | 14.7 | 9.9 | 9 of 33 | 75% |
| Revenue growth | 16.0 | 14.1 | 17 of 36 | 54% |
| Profit growth | 25.5 | 14.1 | 15 of 33 | 56% |
| Market cap | 7452 | 91 | 6 of 43 | 88% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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