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Earnings Call Transcript

Mrs. Bectors Food Specialities Earnings Call Transcript: Key Takeaways

Mrs. Bectors delivered steady 16% revenue growth, navigating inflation through proactive pricing and premiumization despite persistent raw material and fuel cost headwinds in the West Asia region.

Guidance and delivery
Management target Revenue 15.0% FY27
Highlights
Revenue growthRevenue grew 16% YoY; bakery and biscuits segments saw robust momentum.
MarginsEBITDA margin expanded 80 bps YoY to 13.1%; Q4 target 14%.
Order bookExport order book strengthened materially; US market back on growth trajectory.
Demand visibilityStrong domestic demand; export order book strengthened despite shipping delays.
Management confidenceConfident but cautious regarding Q2 inflationary pressures and geopolitical conflicts.

Growth

Revenue grew 16% YoY, supported by 15.7% biscuit and 17.5% bakery growth, driven by both price and volume.

Outlook

Management targets mid-teens revenue growth and 14% EBITDA margins by Q4 FY27, aiming for 16% by FY30.

Risks

Escalating commodity costs, fuel price hikes, and West Asia disruption threaten Q2 margins despite cost optimization efforts.

Last quarter's promises, checked

Delivered

  • Biscuit growth target low-to-mid teens → delivered 15.7% (= BEAT)
  • Bakery growth target mid-teens → delivered 17.5% (= BEAT)
  • EBITDA margin improvement Q-o-Q → delivered 13.1% vs 12.7% (= BEAT)

Partly delivered

  • Targeting 14% EBITDA margin → delivered 13.1% (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: BECTORFOOD. Summary written with AI assistance from the document.

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Mrs. Bectors Food Specialities Ltd: key numbers

Share price
₹215.58
Market cap
₹6,618 Cr
Revenue (annual)
₹2,044 Cr
Net profit (annual)
₹140.9 Cr
P/E (TTM)
44.5×Sector 43.4×
Promoter holding
49.04%+0.00% QoQ
FII holding
8.07%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Mrs. Bectors Food Specialities Annual General Meeting

Mrs. Bectors held its 31st AGM on 18 September 2026. All resolutions including final dividend of Rs. 0.70 per share passed.