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 ₹ 10,963 Cr.
- Current Price ₹ 1,786
- High / Low ₹ 2,200 / 964
- Stock P/E 76.9
- Book Value ₹ 182
- Dividend Yield 0.18 %
- ROCE 25.4 %
- ROE 23.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 33.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 19.6%
Cons
- Stock is trading at 9.83 times its book value
- Promoter holding has decreased over last quarter: -2.15%
* 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
Part of Nifty Total Market BSE SmallCap Nifty Microcap 250 BSE Allcap BSE Fast Moving Consumer Goods
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 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|
691 | 784 | 762 | 881 | 988 | 1,362 | 1,624 | 1,771 | |
604 | 687 | 669 | 739 | 865 | 1,187 | 1,381 | 1,517 | |
Operating Profit | 86 | 97 | 93 | 141 | 123 | 175 | 243 | 254 |
OPM % | 12% | 12% | 12% | 16% | 12% | 13% | 15% | 14% |
2 | 2 | 3 | 10 | 6 | 12 | 19 | 22 | |
Interest | 7 | 13 | 16 | 10 | 7 | 13 | 12 | 16 |
Depreciation | 28 | 35 | 42 | 45 | 46 | 53 | 61 | 69 |
Profit before tax | 53 | 51 | 39 | 97 | 76 | 121 | 188 | 192 |
Tax % | 32% | 35% | 22% | 26% | 25% | 25% | 25% | |
36 | 33 | 30 | 72 | 57 | 90 | 140 | 143 | |
EPS in Rs | 6.27 | 5.79 | 5.29 | 12.30 | 9.72 | 15.31 | 23.86 | 23.96 |
Dividend Payout % | 12% | 13% | 14% | 20% | 26% | 20% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 23% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 25% |
TTM: | 12% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 66% |
1 Year: | 57% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 18% |
Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 57 | 57 | 57 | 59 | 59 | 59 | 59 | 61 |
Reserves | 209 | 237 | 262 | 372 | 410 | 486 | 604 | 1,054 |
139 | 165 | 134 | 132 | 136 | 127 | 245 | 147 | |
105 | 117 | 113 | 118 | 117 | 160 | 192 | 238 | |
Total Liabilities | 511 | 577 | 566 | 681 | 722 | 831 | 1,100 | 1,501 |
261 | 363 | 354 | 354 | 411 | 426 | 524 | 595 | |
CWIP | 92 | 16 | 7 | 55 | 12 | 49 | 94 | 80 |
Investments | 4 | 4 | 4 | 10 | 11 | 11 | 4 | 4 |
154 | 195 | 202 | 261 | 288 | 345 | 478 | 822 | |
Total Assets | 511 | 577 | 566 | 681 | 722 | 831 | 1,100 | 1,501 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
109 | 110 | 84 | 164 | 153 | |||
-43 | -125 | -57 | -151 | -224 | |||
-51 | 28 | -30 | -37 | 69 | |||
Net Cash Flow | 15 | 14 | -2 | -23 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 37 | 47 | 36 | 30 | 28 | 24 | 30 |
Inventory Days | 34 | 30 | 39 | 45 | 52 | 39 | 44 |
Days Payable | 37 | 42 | 42 | 45 | 38 | 38 | 45 |
Cash Conversion Cycle | 33 | 35 | 33 | 30 | 42 | 26 | 29 |
Working Capital Days | 18 | 30 | 16 | 30 | 35 | 20 | 26 |
ROCE % | 15% | 12% | 21% | 14% | 21% | 25% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Dec - Management of the Company will be interacting with an Institutional Investor on December 17, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 Dec - Management of the Company will be interacting with an Institutional Investor on December 11, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3 Dec - Management of the Company will be interacting with an Institutional Investor on December 06, 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 Nov - Copy of Newspaper Publication of Postal Ballot Notice published in ''Financial Express'' (English Newspaper) and ''Desh Sewak'' (Punjabi Newspaper).
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
26 Nov - Schedule of analyst meetings on November 29, 2024.
Annual reports
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT REC
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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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Nov 2014TranscriptNotesPPTREC
Business Segments