Packaged Foods company Mrs Bectors Food Specialities announced Q2FY25 results Financial Highlights: Revenue: Rs 496.3 crore compared to Rs 414.5 crore during Q2FY24, change 19.7%. Gross Profit: Rs 234.9 crore compared to Rs 193.6 crore during Q2FY24, change 21.4%. Gross Profit margin: 47.3% for Q2FY25. EBITDA: Rs 70.5 crore compared to Rs 64.7 crore during Q2FY24, change 9%. EBITDA Margins: 14.2% for Q2FY25. PAT: Rs 38.9 crore compared to Rs 37.3 crore during Q2FY24, change 4.4%. PAT margin: 7.8% for Q2FY25. Other Highlights: Biscuit segment revenue in Q2FY25 stood at Rs 320 crore against Rs 259 crore in Q2FY24, registering a growth of 24% compared to Q2FY24, including domestic and export biscuit segment. Biscuit segment has grown by 55% compared to Q2FY23. Bakery segment revenue in Q2FY25 stood at Rs 167 crore against Rs 140 crore in Q2FY24, registering a growth of 19% compared to Q2FY24, including retail bakery and institutional segment. Bakery segment has grown by 33% compared to Q2FY23. Anoop Bector, Managing Director said: I am pleased to announce that the company continued its growth momentum in Q2FY25, delivering 19.7% and 21.4% YoY increase in revenue and gross profit, respectively. Separately, major credit rating agencies CRISIL & ICRA upgraded our long-term rating outlook to CRISIL AA-/Positive (from 'Stable’) and ICRA AA (Stable) from ICRA AA- (Positive), respectively. Additionally, we successfully completed INR 400 crore capital raise in September 2024, to execute on strategic initiatives for the next leg of growth. Premiumization, innovation and export growth remain key initiatives, enabling us to meet evolving consumer needs and strengthen our international presence, positioning Mrs. Bectors for sustainable, long-term success. Result PDF
Packaged Foods company Mrs. Bectors Food Specialities announced Q1FY25 results: Biscuit segment revenue Q1FY25 stood at Rs 273 crore against Rs 223 crore in Q1FY24, thus registered a growth of 23% compared to Q1FY24 including domestic & export biscuit segment. Biscuit segment has grown by 53% as compared to Q1FY23 Bakery segment revenue Q1FY25 stood at Rs 154 crore against Rs 135 crore in Q1FY24, thus registered a growth of 14% compared to Q1FY24 including retail bakery and institutional segment. Bakery segment has grown by 44% as compared to Q1FY23 Commenting on the Results, Anoop Bector, Managing Director said, I am pleased to announce that we have achieved an impressive 17% year-over-year revenue growth, along with a strong 48% gross margin. Our strategic emphasis on premiumization and strong branding has positioned us to capture a greater market share. To reinforce our market position, we are dedicated to broadening our reach and enhancing our distribution network. We plan to extend our market presence by entering new regions and optimizing our distribution channels, ensuring our products are easily accessible to consumers across a wide range of locations. Result PDF
Conference Call with Mrs. Bectors Food Specialities Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.