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 ₹ 6,408 Cr.
- Current Price ₹ 1,090
- High / Low ₹ 1,374 / 581
- Stock P/E 47.7
- Book Value ₹ 103
- Dividend Yield 0.28 %
- ROCE 21.0 %
- ROE 17.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 20.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 21.6%
- Company's working capital requirements have reduced from 28.3 days to 20.2 days
Cons
- Stock is trading at 10.6 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|
691 | 784 | 762 | 881 | 988 | 1,362 | 1,564 | |
604 | 687 | 669 | 739 | 865 | 1,187 | 1,332 | |
Operating Profit | 86 | 97 | 93 | 141 | 123 | 175 | 232 |
OPM % | 12% | 12% | 12% | 16% | 12% | 13% | 15% |
2 | 2 | 3 | 10 | 6 | 12 | 17 | |
Interest | 7 | 13 | 16 | 10 | 7 | 13 | 10 |
Depreciation | 28 | 35 | 42 | 45 | 46 | 53 | 58 |
Profit before tax | 53 | 51 | 39 | 97 | 76 | 121 | 180 |
Tax % | 32% | 35% | 22% | 26% | 25% | 25% | |
36 | 33 | 30 | 72 | 57 | 90 | 134 | |
EPS in Rs | 6.27 | 5.79 | 5.29 | 12.30 | 9.72 | 15.31 | 22.85 |
Dividend Payout % | 12% | 13% | 14% | 20% | 26% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 21% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 44% |
TTM: | 85% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 46% |
1 Year: | 83% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 57 | 57 | 57 | 59 | 59 | 59 | 59 |
Reserves | 209 | 237 | 262 | 372 | 410 | 486 | 547 |
139 | 165 | 134 | 132 | 136 | 127 | 151 | |
105 | 117 | 113 | 118 | 117 | 160 | 205 | |
Total Liabilities | 511 | 577 | 566 | 681 | 722 | 831 | 962 |
261 | 363 | 354 | 354 | 411 | 426 | 481 | |
CWIP | 92 | 16 | 7 | 55 | 12 | 49 | 27 |
Investments | 4 | 4 | 4 | 10 | 11 | 11 | 11 |
154 | 195 | 202 | 261 | 288 | 345 | 443 | |
Total Assets | 511 | 577 | 566 | 681 | 722 | 831 | 962 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
109 | 110 | 84 | 164 | |||
-43 | -125 | -57 | -151 | |||
-51 | 28 | -30 | -37 | |||
Net Cash Flow | 15 | 14 | -2 | -23 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 37 | 47 | 36 | 30 | 28 | 24 |
Inventory Days | 34 | 30 | 39 | 45 | 52 | 39 |
Days Payable | 37 | 42 | 42 | 45 | 38 | 38 |
Cash Conversion Cycle | 33 | 35 | 33 | 30 | 42 | 26 |
Working Capital Days | 18 | 30 | 16 | 30 | 35 | 20 |
ROCE % | 15% | 12% | 21% | 14% | 21% |
Documents
Announcements
- Submission Of Certificate Under Regulation 40(9) And 40(10) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended 31St March, 2024 1d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Apr - The officials of our Company, Mrs. Bectors Food Specialities Limited ('Company') will be interacting with Institutional Investors and Analysts on 17th April, 2024 in physical …
- Compliance Certificate For The Year Ended 31.03.2024 Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 11 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulation, 2018 for the quarter ended March 31, 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Apr - The officials of our Company, Mrs. Bectors Food Specialities Limited ('Company') will be interacting with Institutional Investors and Analysts on 18th April, 2024 and 24th …
Annual reports
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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Jun 2023Transcript PPT REC
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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 2021TranscriptNotesPPT
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Jun 2021Transcript PPT
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Feb 2021Transcript PPT
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