Mrs Bectors Food Specialities Ltd
Mrs. Bectors Food Specialities Ltd was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995. [1] It manufactures biscuits and bakery products that are marketed under Mrs. Bector’s Cremica and Mrs. Bector’s English Oven brands, respectively. [2]
Mrs. Rajni Bector started the enterprise in 1978 by manufacturing ice creams, bread, and biscuits. [3] It is promoted by Mr. Anoop Bector who has over 25 years of industry experience. He is also the Managing Director of the Company. [4]
- Market Cap ₹ 4,216 Cr.
- Current Price ₹ 717
- High / Low ₹ 734 / 245
- Stock P/E 55.3
- Book Value ₹ 86.7
- Dividend Yield 0.35 %
- ROCE 18.8 %
- ROE 15.9 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 19.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 27.0%
- Company's working capital requirements have reduced from 30.2 days to 23.5 days
Cons
- Stock is trading at 8.27 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: FMCG Industry: Food - Processing - Indian
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
559 | 556 | 588 | 650 | 736 | 708 | 838 | 924 | 1,264 | |
495 | 496 | 527 | 576 | 652 | 626 | 705 | 815 | 1,112 | |
Operating Profit | 64 | 60 | 60 | 74 | 84 | 82 | 133 | 109 | 152 |
OPM % | 11% | 11% | 10% | 11% | 11% | 12% | 16% | 12% | 12% |
3 | 18 | 2 | 4 | 8 | 7 | 10 | 11 | 12 | |
Interest | 7 | 4 | 4 | 6 | 13 | 16 | 10 | 7 | 13 |
Depreciation | 18 | 19 | 22 | 24 | 31 | 39 | 42 | 43 | 49 |
Profit before tax | 42 | 55 | 37 | 47 | 48 | 35 | 91 | 69 | 102 |
Tax % | 35% | 30% | 31% | 32% | 32% | 18% | 26% | 23% | 25% |
Net Profit | 27 | 39 | 25 | 32 | 32 | 28 | 68 | 53 | 76 |
EPS in Rs | 9.44 | 13.52 | 8.84 | 5.60 | 5.65 | 4.93 | 11.54 | 9.09 | 12.96 |
Dividend Payout % | 0% | 7% | 11% | 13% | 13% | 15% | 21% | 27% | 33% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 21% |
TTM: | 37% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 39% |
TTM: | 44% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 155% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
29 | 29 | 29 | 57 | 57 | 57 | 59 | 59 | 59 | |
Reserves | 141 | 176 | 199 | 198 | 227 | 250 | 356 | 390 | 451 |
45 | 41 | 59 | 134 | 161 | 134 | 132 | 136 | 127 | |
57 | 65 | 77 | 103 | 114 | 109 | 113 | 111 | 153 | |
Total Liabilities | 272 | 311 | 364 | 492 | 559 | 550 | 660 | 696 | 790 |
149 | 146 | 191 | 231 | 335 | 331 | 332 | 381 | 394 | |
CWIP | 2 | 19 | 12 | 92 | 16 | 6 | 55 | 12 | 48 |
Investments | 25 | 30 | 25 | 20 | 20 | 20 | 26 | 27 | 29 |
96 | 117 | 135 | 150 | 189 | 193 | 247 | 276 | 319 | |
Total Assets | 272 | 311 | 364 | 492 | 559 | 550 | 660 | 696 | 790 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
100 | 105 | 71 | 147 | ||||||
-35 | -123 | -42 | -133 | ||||||
-50 | 28 | -30 | -37 | ||||||
Net Cash Flow | 15 | 11 | 0 | -23 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 27 | 29 | 35 | 38 | 49 | 38 | 29 | 28 | 25 |
Inventory Days | 29 | 37 | 28 | 35 | 30 | 41 | 46 | 54 | 41 |
Days Payable | 36 | 29 | 38 | 38 | 43 | 44 | 46 | 38 | 38 |
Cash Conversion Cycle | 21 | 37 | 25 | 35 | 36 | 35 | 30 | 44 | 28 |
Working Capital Days | 12 | 20 | 18 | 19 | 31 | 17 | 30 | 37 | 23 |
ROCE % | 22% | 15% | 16% | 14% | 11% | 20% | 13% | 19% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Read with SEBI Circular No. CIR/CFD/CMD 1/27/2019 dated February 08, 2019, we hereby submit Annual Secretarial Compliance Report of the Company for the financial year …
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LINK FOR AUDIO RECORDING OF CONFERENCE CALL- Q4 & FY23
2d - Listing Obligations and Disclosure Requirement) Regulations, 2015, please find below link for Audio Recording of Conference Call of the Company 'Mrs. Bectors Food Specialities Limited' …
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Copy of Investors' Presentation with respect to the performance of the Company for the Quarter and year ended March 31, 2023. The same is also …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - In accordance with Regulation 47 and other applicable provisions of the SEBI (LODR) Regulations, 2015, we are enclosing herewith the copies of newspaper publication of …
- Corporate Action-Board approves Dividend 2d
Concalls
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021Transcript PPT
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Jun 2021TranscriptNotesPPT
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Feb 2021Transcript PPT
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