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Tasty Bite Eatables Ltd (TASTYBITE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 519091 NSE: TASTYBITE Consumer Food | Small Cap | Tasty Bite Eatables Share Price

₹9,095.65 -446.55 (-4.68%)

As on 13-Aug'26 16:59

Tasty Bite Eatables Ltd (TASTYBITE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 519091 NSE: TASTYBITE Consumer Food | Small Cap | Tasty Bite Eatables Share Price

₹9,095.65 -446.55 (-4.68%)

As on 13-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹2,334 Cr.
Current Price
₹9,095.7
52-Week Low / High
₹6,440 / 10,500
TTM EPS
₹140.1
TTM Sales
₹582 Cr.
Book Value per Share
₹1,332.8
P/E Ratio
64.92
Lower than its 5-year historical median
Industry PE
53.4
Price to Book (P/B)
6.82
Lower than its 5-year historical median
Price to Sales (P/S)
4.01
Lower than its 5-year historical median
EV/EBITDA
26.92
Lower than its 5-year historical median
Dividend Yield
0.11%
Profitability Efficiency
Return on Equity (ROE)
10.81%
Outperforms industry median
Return on Capital Employed (ROCE)
15.68%
Outperforms industry median
Return on Assets (ROA)
7.70%
Operating Profit Margin
11.6%
Net Profit Margin
6.43%
Gross Profit Margin
14.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-1.04%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
19.46%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
37.84%
Asset Quality
Promoter Holding
74.23%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹339 Cr.
Equity
₹2.6 Cr.
Face Value
₹10
All Time Low / High
₹3.50 / 21470.50

Tasty Bite Eatables stock performance

Key Ratios
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Check Before You Invest

Valuation

Undervalued

Price Trend

Semi Strong
Q.1 Is Tasty Bite Eatables Ltd a good quality company?
Tasty Bite Eatables Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Tasty Bite Eatables Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Tasty Bite Eatables Ltd vs industry peers?
Tasty Bite Eatables Ltd revenue CAGR is %, compared to the industry median CAGR of 0.00%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Tasty Bite Eatables Ltd?
Promoters hold 74.23% of the Tasty Bite Eatables Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Tasty Bite Eatables Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 12% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Tasty Bite Eatables Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 30.8%31%32.9%28.8%20.7%7.5%16.5%19.6%12.3%15.7%-

Growth Parameters

Sales 252296337426385372476540554549582
Sales YoY Gr.-17.4%13.8%26.4%-9.5%-3.4%27.8%13.6%2.6%-1%-
Adj EPS 80.189.4130.2152.3145.131.6133.1174.5103.6144140.1
YoY Gr.-11.6%45.7%16.9%-4.7%-78.2%320.6%31.1%-40.6%39%-
BVPS (₹) 288.7384.4507.7629798.5839.6948.91,116.81,213.21,332.81,332.8
Adj Net
Profit
20.622.933.439.137.28.134.244.826.63736
Cash Flow from Ops. 12.321.255.636.840.16561.166.839.259-
Debt/CF from Ops. 5.120.71.72.71.11.20.50.70-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 9%7.3%4.9%-1%
Adj EPS 6.7%-0.2%2.7%39%
BVPS18.5%10.8%12%9.9%
Share Price 11.8% -13.6% -20.3% -11.6%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
30.426.428.926.520.13.814.816.98.911.310.5
Op. Profit
Mgn %
17.116.11510.6149.114.614.69.611.610.5
Net Profit
Mgn %
8.27.89.99.29.72.27.28.34.86.76.2
Debt to
Equity
0.90.40.30.40.50.30.30.10.10-
Working Cap
Days
10812112612416917913712212313986
Cash Conv.
Cycle
4047454661624651647052

Valuation of Tasty Bite Eatables - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales252296337426385372476540554549
Operating Expenses + 210249291381332339412466503487
Manufacturing Costs24293443363851545958
Material Costs147171206283244246299339358343
Employee Cost 18212731303232394951
Other Costs 21272423222331343735
Operating Profit 43484645543464745262
Operating Profit Margin (%) 16.9%16.1%13.6%10.5%14.0%9.0%13.4%13.7%9.3%11.3%
Other Income + 371829191314181923
Exceptional Items 000000000-0
Interest 3244389766
Depreciation 9111317172427303031
Profit Before Tax 34414753531441563448
Tax 121517121341114912
Profit After Tax 22263041391030422635
PAT Margin (%) 8.7%8.9%8.9%9.6%10.2%2.8%6.4%7.7%4.6%6.4%
Adjusted EPS (₹)85.7103.1117.2159.2153.340.3117.7161.899.8137.6
Dividend Payout Ratio (%)2.30%1.90%1.70%1.30%1.30%2.50%1.70%1.20%2%7.30%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 7499130161205215243287311342
Share Capital 3333333333
Reserves 7296128159202213241284309339
Debt +6037325599666226200
Long Term Debt3631262150443326200
Short Term Debt247634502329000
Minority Interest0000000000
Trade Payables20263848496168545368
Others Liabilities 15302434948584766658
Total Liabilities 170192225298447429457443450468

Fixed Assets

Net Fixed Assets +65768298179189207238216206
Gross Block7496115142239271314368375392
Accumulated Depreciation92033446182107130159186
CWIP 921027426254192114
Investments 0000000000
Inventories283449606966879089108
Trade Receivables33373857545458597471
Cash Equivalents 66883541491527
Others Assets 29373748675338283441
Total Assets 170192225298447429457443450468
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 12215637406561673959
PBT 34414753531441563448
Adjustment 10142227154340373836
Changes in Working Capital -21-195-27-1514-9-10-25-12
Tax Paid -12-16-19-17-13-6-10-16-9-13
Cash Flow From Investing Activity + -24-7-30-52-56-47-34-16-12-6
Capex -27-11-30-52-56-42-38-17-13-8
Net Investments 2300000000
Others 10000-55112
Cash Flow From Financing Activity + 11-12-231543-49-18-56-20-41
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 16-3-6-729-11-8-14-6-27
Interest Paid -2-1-4-4-3-8-9-7-6-6
Dividend Paid -1-1-1-1-1-1-0-1-1-1
Others -3-7-132617-29-0-34-7-8
Net Cash Flow -122-027-3110-5712
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)32.7430.6326.2728.0221.484.9113.1715.668.5710.81
ROCE (%)30.7531.0332.928.7520.677.5316.4519.5512.3315.68
Asset Turnover Ratio1.691.641.621.631.030.851.071.21.241.2
PAT to CFO Conversion(x)0.550.811.870.91.036.52.031.61.51.69
Working Capital Days
Receivable Days40.504340.8040.9052.8053.4043.1039.5043.8048.30
Inventory Days33.5037.8044.8046.506166.5058.8059.805965.40
Payable Days49.4048.8056.8055.6072.708278.9065.6054.8064.40

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Tasty Bite Eatables Ltd FAQs

The current trading price of Tasty Bite Eatables on 13-Aug-2026 16:59 is ₹9,095.7.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Aug-2026 the market cap of Tasty Bite Eatables stood at ₹2,333.9 Cr

The latest P/E ratio of Tasty Bite Eatables as of 12-Aug-2026 is 64.92.

The latest P/B ratio of Tasty Bite Eatables as of 12-Aug-2026 is 6.82.

The 52-week high of Tasty Bite Eatables is ₹10,500.4 and the 52-week low is ₹6,440.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tasty Bite Eatables is ₹582 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tasty Bite Eatables Ltd is a good quality company.

The key valuation ratios of Tasty Bite Eatables Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Tasty Bite Eatables Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Tasty Bite Eatables Ltd

Tasty Bite Eatables, established in 1985, is in the business of manufacturing and marketing ready-to-serve food and frozen vegetables. The company’s factory is located at Village Bhandgaon, Taluka Daund, Pune, Maharashtra. The company sells its products under brand name ‘Tasty Bite’. It also exports its products to Australia and the United States. The company’s factory is ISO9001-2000, HACCP (Hazard Analysis and Critical Control Point), and ISO14000 (environmental management) certified. Tasty Bites has exceptional retort pouches developed for the Apollo space programme. Tested to withstand extreme temperatures and heights from well below sea level to as high as the moon, this retort packaging has made Tasty Bites favourite with campers, mountain climbers, sailing expeditions and desert safaris.

Business area of the company

The company manufacture food for kitchens of all sizes. The company is in manufacturing prepared foods and food intermediates across shelf-stable, frozen and chilled food formats. With rigorous quality checks, it ensure that only the finest products reach its customers.

Products

The Tasty Bite range of ready-to-eat and easy-to-cook, all-natural products cover the gamut of Indian and Asian cuisines and include a vast selection of entrees, ready-to-cook sauces, and organic rice and whole-grain preparations.

Awards

  • 2012: Debutante Supplier of the year by Pizza Hut
  • 2013: Best Innovation Partner by KFC
  • 2013: Crisis Like Collaboration by YUM
  • 2017: SOFI Award for Tasty Bite Tikka Masala & Thai Green Curry
  • 2017: Excellence Award by Taco Bell
  • 2018: Most Dependable Partner By Jubilant FoodWorks
  • 2019: India’s 25 Best Workplace in Manufacturing by GPTW
  • 2019: True Partner by Taco Bell

Milestones

  • 1985: Tasty Bite Eatables Limited incorporated as a Public Limited Company
  • 1986: TBEL becomes pioneers of 'Retort' technology in India
  • 1987: Initial Public Offering by TBEL
  • 1987: 1st commercial production begins at TBEL Pune facility
  • 1990: 5 SKUs of Tasty Bite RTS range launched in India
  • 1993: TBEL referred to Board of Industrial and Financial Reconstruction (BIFR) owing to losses and net worth erosion
  • 1995: 1st export consignment to Preferred Brands International Inc (PBI)
  • 1998: PBFIPL becomes promoter & shareholder
  • 2000: TBEL receives HACCP & ISO 2200 certification
  • 2003: TBEL declared profitable
  • 2005: TBEL receives the coveted C-TPAT certification
  • 2006: Tasty Bite forays into foodservice business in India. Launches a new business vertical 'TFS' - Tasty Bite Foodservice
  • 2006: TBEL certified for Kosher & Halal
  • 2007: TBEL transitions to 'Briquettes' to fuel boilers, accounting to 70-80% of total enery consumption
  • 2008: TBEL gets EMS OHSAS certified
  • 2009: TBEL ranked among India's Top-50 Best Companies To Work For by GPTW
  • 2009: First divident declared in history of TBEL
  • 2010: State-of-the-art R&D facility - TBRC (Tasty Bite Research Centre) inaugrated at Pune
  • 2010: TBEL ranked among India's Top-100 Best Companies To Work For by GPTW
  • 2011: TBEL crosses INR 1 Billion mark in revenues
  • 2011: TBEL Pune facility receives BRC certification
  • 2012: TBEL ranked among India's Top-50 Best Companies To Work For by GPTW
  • 2012: 'Debutante Supplier of the Year' award by Pizza Hut
  • 2013: KFC names TBEL as the 'Best Innovative Partner'
  • 2013: TBEL invests in state-of-the-art sauce technology to manufacture preservative-free ambient sauces
  • 2014: TBEL begins its organic transformation journey with Tasty Bite Plain Rice
  • 2014: TBEL utilizes wind energy to fuflfil 15-18% of total energy requirement
  • 2015: Acquisition of TBEL by Kagome Co Ltd
  • 2015: TBEL receives NPOP / NOP certification
  • 2016: TBRC wins the Food Processing magazine 'R&D Team of the year' award
  • 2017: TBEL's foodservice business (TFS) expands its horizons to international markets
  • 2017: Tikka Masal & Thai Green Curry receive SOFI award
  • 2017: TBEL commisisons a full-scale bio gas plant for energy conversion & waste management
  • 2017: 'Excellence Award' by Taco Bell
  • 2017: Acquisition of TBEL by Mars Incorporated
  • 2018: 'Tasty Bite Foundation' gets Incorporated as the CSR arm of TBEL
  • 2018: TBEL receives COR certification
  • 2018: Jubilant FoodWorks recognizes TBEL as the 'Most Dependable Partner'
  • 2019: TBEL's flagship RTE product'Madras Lentils' transitions to 'Organic'
  • 2019: GPTW recognizes TBEL as India's 25 Best Workplaces in Manufacturing - 2019
  • 2019: TBEL installs solar roof panels as a part of its UN Sustainable Goals commitment
  • 2019: True Partner Award by Taco Bell
  • 2019: GPTW ranks TBEL among India's 75 Best Workplaces for Women 2019
  • 2020: TBEL launches 'Tasty Bite XCLUSIVE' with a range of specialty frozen snacks in India
  • 2020: TBEL is ranked amongst the top-500 listed companies in India based on market capitalisation
  • 2020: TBEL receives HALAL MU certification
  • 2020: GPTW ranks TBEL among India's 100 Best Workplaces for Women - 2020
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