1. Is Tasty Bite Eatables Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Tasty Bite Eatables Ltd is a good quality company.
2. Is Tasty Bite Eatables Ltd undervalued or overvalued?
The key valuation ratios of Tasty Bite Eatables Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Tasty Bite Eatables Ltd a good buy now?
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.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||13.7%||8.4%||14.4%||19.1%||18.7%||17.6%||23.3%||21%||14.6%||4.6%||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||30.4%||21.6%||17.8%||21.1%||17.4%||13.8%||26.4%||-9.5%||-3.4%||-|
|Adj EPS ⓘ||29||20.5||39.3||64.1||80.1||89.4||130.2||152.3||145.1||31.6||42.7|
|YoY Gr. Rt. %||-||-29.3%||92.1%||63.1%||25%||11.6%||45.7%||16.9%||-4.7%||-78.2%||-|
|BVPS (₹) ⓘ||116.4||132.1||172.1||234.8||288.7||384.4||507.7||629||798.5||839.6||870|
|Adj Net Profit ⓘ||7.4||5.3||10.1||16.5||20.6||22.9||33.4||39.1||37.2||8.1||11|
|Cash Flow from Ops. ⓘ||-2.3||23.5||9.8||14.9||12.3||21.2||55.6||36.8||40.1||65||-|
|Debt/CF from Ops. ⓘ||-18.7||1.9||4.4||2.7||5.1||2||0.7||1.7||2.7||1.1||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||1%||-17%||-37.6%||-78.2%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||27.1||16.2||25.5||31.2||30.4||26.4||28.9||26.5||20.1||3.8||5|
|Op. Profit Mgn % ⓘ||12.8||8.7||13.9||16.5||17.1||16.1||15||10.6||14||9.1||8.4|
|Net Profit Mgn % ⓘ||6.7||3.6||5.7||7.9||8.2||7.8||9.9||9.2||9.7||2.2||2.9|
|Debt to Equity ⓘ||1.4||1.3||1||0.7||0.9||0.4||0.3||0.4||0.5||0.3||-|
|Working Cap Days ⓘ||102||100||87||91||108||121||126||124||169||179||0|
|Cash Conv. Cycle ⓘ||29||20||14||26||40||47||45||46||61||62||0|
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Return on Equity has declined versus last 3 years average to 5.00%
Sales growth has been subdued in last 3 years 3.36%
Net Profit has been subdued in last 3 years -37.60%
Sales growth is not so good in last 4 quarters at -13.68%
|TTM EPS (₹)||42.7||-|
|TTM Sales (₹ Cr.)||378||-|
|BVPS (₹.) ⓘ||870||-|
|Reserves (₹ Cr.) ⓘ||221||-|
|From the Market|
|52 Week Low / High (₹)||8012.60 / 18895.00|
|All Time Low / High (₹)||3.50 / 21470.50|
|Market Cap (₹ Cr.)||3,113|
|Equity (₹ Cr.)||2.6|
|Face Value (₹)||10|
|Industry PE ⓘ||63.5|
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.
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.