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Mrs. Bectors Foods Specialities Ltd Stock Analysis

Small Cap
Evaluated by 78 users | BSE: 543253 | NSE: BECTORFOOD |
Consumer Food

The company was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 15, 1995 issued by the Registrar of Companies, N.C.T of...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 6.45%10.67%11.69%12.52%14.6%15.49%10.43%10.75%9.89%8.85%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 470561604531559556588650736708
Y-o-Y Gr. Rt.-19.4%7.8%-12.1%5.2%-0.6%5.7%10.6%13.2%-3.8%
Adjusted EPS (Rs.) 2.625.697.1435.349.1411.388.665.615.644.92
Y-o-Y Gr. Rt.-117.2%25.5%395%-74.1%24.5%-23.9%-35.2%0.5%-12.8%
Book Value per Share (Rs.) 41.7247.1755.14165.2459.1271.4479.4444.549.4153.48
Adjusted Net Profit 7.81721.32626.232.624.832.232.328.2
Net Op. Cash Flow (Rs. Cr.) 051.745.457.445.441.648.738.244.8100
Debt to Cash Flow from Ops 02.12.541.2110.991.213.513.61.31
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Mrs. Bectors Foods Specialities Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 4.7%4.8%6.4%-3.8%
Adjusted EPS 7.3%-11.7%-17.2%-12.8%
Book Value per Share 2.8-2-12.48.2
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 6.4512.813.9716.9116.7917.4311.4713.3211.989.54
Operating Profit Margin (%) 6.628.619.6711.3411.6612.3610.3111.4511.3711.55
Net Profit Margin (%) 1.663.023.524.894.685.864.224.954.393.98
Debt to Equity 0.840.770.70.570.270.20.260.530.570.43
Working Capital Days 84787874537176727989
Cash Conversion Cycle 49333128202727293438
Entity Percentage Holding
Promoters 51.13%
Institutions 10.46%
Non-Institutions 38.41%
Pledged *0.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Data is not available for this company.

Data is not available for this company

The company was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 15, 1995 issued by the Registrar of Companies, N.C.T of Delhi and Haryana. The name of the company was changed to Mrs. Bectors Food Specialities Private Limited as approved by its shareholders by way of a resolution dated December 10, 1999 and a fresh certificate

The company was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 15, 1995 issued by the Registrar of Companies, N.C.T of Delhi and Haryana. The name of the company was changed to Mrs. Bectors Food Specialities Private Limited as approved by its shareholders by way of a resolution dated December 10, 1999 and a fresh certificate of incorporation dated December 15, 1999 was issued by the Registrar of Companies, N.C.T of Delhi and Haryana. The name of the company was changed to Mrs. Bectors Food Specialities Limited pursuant to a resolution of the shareholders dated December 7, 2001 and a fresh certificate of incorporation dated December 10, 2001 was issued by the Registrar of Companies, N.C.T of Delhi and Haryana.

Business area of the company

The company is one of the leading companies in the premium and mid-premium biscuits segment and the premium bakery segment in North India. It manufactures and markets a range of its biscuits such as cookies, creams, crackers, digestives and glucose under its flagship brand ‘Mrs. Bector’s Cremica’. It also manufacture and market bakery products in savoury and sweet categories which include breads, buns, pizza bases and cakes under its brand ‘English Oven’. It supplies its products to retail consumers in several states within India, as well as to reputed institutional customers with pan-India presence. ‘Mrs. Bector’s Cremica’ is one of the leading biscuit brands in the premium and mid-premium segment in Punjab, Himachal Pradesh, Jammu and Kashmir and Ladakh and ‘English Oven’ is the one of the largest selling brand in the premium bakery segment in Delhi NCR, Mumbai and Bengaluru. It is the largest supplier of buns in India to reputed QSR chains such as Burger King India, Connaught Plaza Restaurants, Hardcastle Restaurants, and Yum! Restaurants (India).

Awards, accreditations and recognition

  • 2010: The company received the Apeda Export Award for Outstanding Export Performance and Contribution in the Processed Foods Sector.
  • 2016: The company received Food Safety System Certification 22000 from UK AS Management Systems for manufacturing (pre-mixing, mixing, moulding, baking cooling, sandwiching) of biscuits and cookies for a period of three years from March 10, 2016.
  • 2018: The company received the Award of Honour by Income Tax Department, Ludhiana.
  • 2019: The company received the Award for Best Brand for 2018-2019 by The Economic Times.
  • 2019: The company received the Award for Excellence in Partnership by KFC.
  • 2019: The company received Food Safety System Certification 22000 from UK AS Management Systems for manufacturing of biscuits.
  • 2020: The company received a renewal for Food Safety System Certification 22000 from UK AS Management Systems for manufacturing (pre-mixing, mixing, moulding, baking cooling, sandwiching) of biscuits and cookies.
  • 2020: The company received Food Safety System Certification 22000 from UK AS Management Systems for manufacturing of Fresh and Frozen (Bread, Pizza base & Bun).

Major events and milestones

  • 2006: Entered into a business transfer agreement dated October 11, 2006 with CAFL wherein the business in relation to manufacturing of food products such as biscuits, buns and namkeen etc. of CAFL was transferred to the company on slump sale basis.
  • 2006: Investment of Rs 750.00 million by Jade Dragon (Mauritius) Limited through subscription of Series A Preference Shares and Series B Preference Shares of the company by way of a share subscription agreement.
  • 2007: Commenced supply of buns to Hardcastle Restaurants Private Limited which operates multiple restaurants in West and South geographies in India.
  • 2010: Entered into an agreement with Cadbury India Limited for the manufacture of biscuits.
  • 2013: Commissioned operations through company’s Khopoli Manufacturing Facility for production and supply of buns to Hardcastle Restaurants Private Limited.
  • 2014: Commenced the bun operations at company’s Bengaluru Manufacturing Facility for production and supply of buns to Hardcastle Restaurants Private Limited.
  • 2015: Linus, Mabel, GW Confectionary and GW Crown acquired stake in the company.
  • 2017: Capacity expansion of bun line by installation of bakery machinery and equipment at company’s Greater Noida Manufacturing Facility.
  • 2018: Introduction of new bread line by installation of bakery machinery and equipment establishment at company’s Greater Noida Manufacturing Facility.
  • 2018: Established new production line for breads at company’s Bengaluru Manufacturing Facility.
  • 2018: Commenced operations at company’s Rajpura Manufacturing Facility.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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