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 ₹ 2,018 Cr.
- Current Price ₹ 7,854
- High / Low ₹ 11,958 / 6,430
- Stock P/E 56.6
- Book Value ₹ 1,333
- Dividend Yield 0.03 %
- ROCE 13.9 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 5.89 times its book value
- The company has delivered a poor sales growth of 7.32% over past five years.
- Company has a low return on equity of 11.7% over last 3 years.
- Earnings include an other income of Rs.22.5 Cr.
- Dividend payout has been low at 3.51% of profits over last 3 years
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 167 | 196 | 252 | 296 | 337 | 426 | 385 | 372 | 476 | 540 | 554 | 549 | |
| 152 | 174 | 209 | 248 | 291 | 381 | 332 | 338 | 411 | 464 | 503 | 487 | |
| Operating Profit | 15 | 21 | 43 | 48 | 46 | 45 | 54 | 34 | 65 | 76 | 52 | 62 |
| OPM % | 9% | 11% | 17% | 16% | 14% | 11% | 14% | 9% | 14% | 14% | 9% | 11% |
| 11 | 13 | 3 | 7 | 18 | 29 | 19 | 13 | 13 | 16 | 19 | 23 | |
| Interest | 3 | 2 | 3 | 2 | 4 | 4 | 3 | 8 | 9 | 7 | 6 | 6 |
| Depreciation | 7 | 7 | 9 | 11 | 13 | 17 | 17 | 24 | 27 | 30 | 30 | 31 |
| Profit before tax | 16 | 25 | 34 | 41 | 47 | 53 | 53 | 14 | 41 | 56 | 34 | 48 |
| Tax % | 35% | 34% | 36% | 36% | 36% | 23% | 25% | 29% | 26% | 25% | 26% | 26% |
| 11 | 16 | 22 | 26 | 30 | 41 | 39 | 10 | 30 | 42 | 26 | 35 | |
| EPS in Rs | 42.05 | 62.82 | 85.70 | 103.12 | 117.15 | 159.24 | 153.31 | 40.26 | 117.73 | 161.81 | 99.81 | 137.57 |
| Dividend Payout % | 2% | 3% | 2% | 2% | 2% | 1% | 1% | 2% | 2% | 1% | 2% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 7% |
| 3 Years: | 5% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | -2% |
| 3 Years: | 5% |
| TTM: | 39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -13% |
| 3 Years: | -13% |
| 1 Year: | -24% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 42 | 58 | 72 | 97 | 129 | 161 | 204 | 215 | 241 | 284 | 309 | 339 |
| 44 | 41 | 63 | 54 | 39 | 71 | 175 | 138 | 134 | 86 | 72 | 48 | |
| 24 | 30 | 32 | 38 | 54 | 65 | 66 | 76 | 83 | 74 | 71 | 85 | |
| Total Liabilities | 113 | 131 | 170 | 192 | 225 | 300 | 448 | 431 | 461 | 447 | 455 | 475 |
| 61 | 61 | 65 | 76 | 82 | 98 | 179 | 189 | 207 | 238 | 216 | 209 | |
| CWIP | 0 | 0 | 9 | 2 | 10 | 26 | 42 | 62 | 54 | 19 | 21 | 11 |
| Investments | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 51 | 68 | 96 | 113 | 132 | 175 | 226 | 180 | 200 | 190 | 218 | 255 | |
| Total Assets | 113 | 131 | 170 | 192 | 225 | 300 | 448 | 431 | 461 | 447 | 455 | 475 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 15 | 12 | 21 | 56 | 37 | 40 | 65 | 61 | 67 | 39 | 59 | |
| -4 | -7 | -24 | -7 | -30 | -52 | -56 | -47 | -34 | -16 | -12 | -6 | |
| -4 | -6 | 11 | -12 | -23 | 15 | 43 | -49 | -18 | -56 | -20 | -41 | |
| Net Cash Flow | 2 | 1 | -1 | 2 | 2 | -0 | 27 | -31 | 10 | -5 | 7 | 12 |
| Free Cash Flow | 7 | 9 | -14 | 11 | 25 | -15 | -16 | 23 | 23 | 50 | 26 | 51 |
| CFO/OP | 96% | 114% | 56% | 77% | 163% | 119% | 99% | 212% | 109% | 109% | 92% | 116% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 40 | 43 | 48 | 45 | 42 | 49 | 51 | 53 | 44 | 40 | 49 | 47 |
| Inventory Days | 48 | 56 | 69 | 72 | 87 | 77 | 104 | 98 | 106 | 97 | 91 | 115 |
| Days Payable | 58 | 58 | 50 | 55 | 68 | 62 | 74 | 91 | 83 | 58 | 54 | 72 |
| Cash Conversion Cycle | 30 | 42 | 66 | 63 | 60 | 64 | 82 | 61 | 68 | 79 | 85 | 90 |
| Working Capital Days | 6 | 28 | 44 | 57 | 60 | 36 | 42 | 48 | 35 | 61 | 76 | 80 |
| ROCE % | 23% | 28% | 31% | 30% | 32% | 28% | 18% | 6% | 14% | 17% | 11% | 14% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Share of Total Revenue Percentage (%) |
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| Points of Distribution (North America) Count |
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| US Retail Market Share (Ready-to-Eat Indian Foods) Percentage (%) |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
1h - Mr. Shivhari Magar resigned as Associate Director-Corporate Affairs, effective close of business on 05 June 2026.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 2d
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Board Meeting Outcome for Outcome Of The Board Meeting Held On Friday 29 May 2026, Pursuant To Regulation 30
And Regulation 33 Of The SEBI (LODR) Regulations,
2015
29 May - FY26 audited results approved; final dividend Rs10/share recommended; auditor issued qualified opinion on RPT violations.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 May - Tasty Bite Eatables reported FY26 revenue ₹5,716.22 million, PAT ₹353.02 million, and proposed ₹10 dividend.
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Result For The Quarter/Year Ended On 31St March 2026
29 May - 29 May 2026 results approved; ₹10 final dividend; auditor qualified opinion on ₹48.92m/₹94.47m related-party lapses.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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
from bse
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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Aug 2024TranscriptPPTREC
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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]