BECTORFOOD

Mrs. Bectors Food Specialities Ltd (BECTORFOOD) has reported strong FY26

Mrs. Bectors Food Specialities Ltd (BECTORFOOD) has reported strong FY26 results, crossing the ₹2,000 crore revenue milestone with 9.1% annual growth, though margins faced pressure from inflation and export disruptions. The stock is currently trading around ₹177–178, down ~2% after Q4 results. 📊 Key Financial Highlights (FY26 & Q4 FY26) Metric Q4 FY26 Q4 FY25 YoY Growth FY26 FY25 YoY Growth Revenue ₹485.9 Cr ₹446.1 Cr +8.9% ₹2,043.6 Cr ₹1,873.9 Cr +9.1% Gross Profit ₹224.2 Cr ₹197.6 Cr +13.5% ₹923.7 Cr ₹865.3 Cr +6.8% EBITDA ₹61.7 Cr ₹55.6 Cr +11.1% ₹257.7 Cr ₹251.5 Cr +2.5% PAT (Net Profit) ₹35.4 Cr ₹34.3 Cr +3.3% ₹140.9 Cr ₹143.2 Cr -1.6% EBITDA Margin 12.7% 12.5% +20 bps 12.6% 13.4% -80 bps 🍪 Segment Performance Biscuits (Cremica brand) Q4 FY26 revenue: ₹278 Cr (up 16% YoY). FY26 revenue: ₹1,235 Cr (~60% of total). Growth resilient but impacted by GST disruption and export tariffs. Bakery (English Oven brand) Q4 FY26 revenue: ₹195 Cr (up 29% YoY). FY26 revenue: ₹769 Cr (~38% of total). Strong growth, though Q4 saw seasonal slowdown due to Navaratri affecting bread demand in North India. 🏭 Expansion & Strategy New biscuit lines commissioned at Rajpura and Dhar (MP). New bakery units commissioned in Kolkata, Khopoli (Maharashtra), and Bhiwadi. Project IMPACT launched to improve cost efficiency and protect margins. Management highlighted challenges from crude oil, palm oil, and packaging inflation, but remains confident in long-term demand trends. 📉 Stock Market Update Current Price (July 16, 2026): ~₹177–178/share. Stock slipped ~2% post-results due to muted profit growth despite revenue expansion. Heavy trading volumes indicate selling pressure. ⚠️ Risks & Outlook External risks: Export tariffs, GST reforms, geopolitical tensions (West Asia conflict). Cost pressures: Rising input costs (oil, packaging). Positive outlook: Expanded capacity, premiumisation strategy, resilient consumption trends.