Tasty Bite Eatables Ltd
Tasty Bite Eatables is a manufacturer of ethnic and natural vegetarian packaged and ready to eat/serve (RTE) and Read-to-cook (RTC) food products, which is sold under the “Tasty Bite” brand in the United States of America, Australia, the United Kingdom, Germany and Canada. [1] It is one of the fastest growing Asian food brands in the United States.[2]
- Market Cap ₹ 2,700 Cr.
- Current Price ₹ 10,527
- High / Low ₹ 15,223 / 7,311
- Stock P/E 105
- Book Value ₹ 1,213
- Dividend Yield 0.02 %
- ROCE 10.7 %
- ROE 8.57 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 8.68 times its book value
- The company has delivered a poor sales growth of 5.42% over past five years.
- Company has a low return on equity of 12.5% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.18.6 Cr.
* 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.
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
145 | 167 | 196 | 252 | 296 | 337 | 426 | 385 | 372 | 476 | 540 | 554 | |
134 | 152 | 174 | 209 | 248 | 291 | 381 | 332 | 338 | 411 | 464 | 503 | |
Operating Profit | 12 | 15 | 21 | 43 | 48 | 46 | 45 | 54 | 34 | 65 | 76 | 52 |
OPM % | 8% | 9% | 11% | 17% | 16% | 14% | 11% | 14% | 9% | 14% | 14% | 9% |
0 | 11 | 13 | 3 | 7 | 18 | 29 | 19 | 13 | 13 | 16 | 19 | |
Interest | 2 | 3 | 2 | 3 | 2 | 4 | 4 | 3 | 8 | 9 | 7 | 6 |
Depreciation | 4 | 7 | 7 | 9 | 11 | 13 | 17 | 17 | 24 | 27 | 30 | 30 |
Profit before tax | 6 | 16 | 25 | 34 | 41 | 47 | 53 | 53 | 14 | 41 | 56 | 34 |
Tax % | 31% | 35% | 34% | 36% | 36% | 36% | 23% | 25% | 29% | 26% | 25% | 26% |
4 | 11 | 16 | 22 | 26 | 30 | 41 | 39 | 10 | 30 | 42 | 26 | |
EPS in Rs | 16.87 | 42.05 | 62.82 | 85.70 | 103.12 | 117.15 | 159.24 | 153.31 | 40.26 | 117.73 | 161.81 | 99.81 |
Dividend Payout % | 6% | 2% | 3% | 2% | 2% | 2% | 1% | 1% | 2% | 2% | 1% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 5% |
3 Years: | 14% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | -9% |
3 Years: | 35% |
TTM: | -40% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | -1% |
3 Years: | 4% |
1 Year: | -1% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 31 | 42 | 58 | 72 | 97 | 129 | 161 | 204 | 215 | 241 | 284 | 309 |
45 | 44 | 41 | 63 | 54 | 39 | 71 | 175 | 138 | 134 | 86 | 73 | |
30 | 24 | 30 | 32 | 38 | 54 | 65 | 66 | 76 | 83 | 74 | 71 | |
Total Liabilities | 109 | 113 | 131 | 170 | 192 | 225 | 300 | 448 | 431 | 461 | 447 | 455 |
64 | 61 | 61 | 65 | 76 | 82 | 98 | 179 | 189 | 207 | 238 | 216 | |
CWIP | 1 | 0 | 0 | 9 | 2 | 10 | 26 | 42 | 62 | 54 | 19 | 21 |
Investments | 0 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
45 | 51 | 68 | 96 | 113 | 132 | 175 | 226 | 180 | 200 | 190 | 218 | |
Total Assets | 109 | 113 | 131 | 170 | 192 | 225 | 300 | 448 | 431 | 461 | 447 | 455 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 10 | 15 | 12 | 21 | 56 | 37 | 40 | 65 | 61 | 67 | 39 | |
-21 | -4 | -7 | -24 | -7 | -30 | -52 | -56 | -47 | -34 | -16 | -12 | |
-7 | -4 | -6 | 11 | -12 | -23 | 15 | 43 | -49 | -18 | -56 | -20 | |
Net Cash Flow | -5 | 2 | 1 | -1 | 2 | 2 | -0 | 27 | -31 | 10 | -5 | 7 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 36 | 40 | 43 | 48 | 45 | 42 | 49 | 51 | 53 | 44 | 40 | 49 |
Inventory Days | 55 | 48 | 56 | 69 | 72 | 87 | 77 | 104 | 98 | 106 | 97 | 91 |
Days Payable | 92 | 58 | 58 | 50 | 55 | 68 | 62 | 74 | 91 | 83 | 58 | 54 |
Cash Conversion Cycle | -0 | 30 | 42 | 66 | 63 | 60 | 64 | 82 | 61 | 68 | 79 | 85 |
Working Capital Days | 15 | 43 | 59 | 80 | 65 | 66 | 66 | 100 | 84 | 73 | 71 | 86 |
ROCE % | 11% | 23% | 28% | 31% | 30% | 32% | 28% | 18% | 6% | 14% | 17% | 11% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Submission of Annual Secretarial Compliance Report for FY ended 31 March 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 May - FY25 revenue INR 5730M, 3% YoY growth, 14% Food Solutions growth, PBT at 6% of income.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
28 May - Appointed statutory and secretarial auditors for FY25-26 to FY29-30, subject to shareholder approval.
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Appointment Of Secretarial Auditor For The First Term
28 May - Appointed statutory and secretarial auditors for FY25-26 to FY29-30, subject to shareholder approval.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 27Th May,2025 For The Approval Of Financial Statement For The Year Ended On 31Sst March, 2025
28 May - Approved FY25 results, final dividend INR 2/share, auditor and secretary appointments, AGM on 7 Aug 2025.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Aug 2024TranscriptNotesPPTREC
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Feb 2023TranscriptPPT
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Aug 2021TranscriptPPT
Products
Retail: Co has a vast selection of entrees, ready-to-cook sauces, and organic rice and whole-grain preparations. Its products are available in the US, Canada, Australia, New Zealand, Japan, Germany, and the UK.
Foodservice: Tasty Bite Food Service (TFS) is a partner of leading QSR, Cloud-Kitchen & HORECA brands in the foodservice industry for a range of unique products such as sauces, meals and frozen food in the domestic market.[1]
Food Service (TFS).
Xclusive: Co offers snacks made of grains and vegetables with a myriad of spices from around the world[2]