Mrs. Bector's Food Specialities Ltd. · NSE:BECTORFOOD
Mrs. Bector's Food Specialities — Q4 FY25 Earnings Presentation
37 slides from Mrs. Bector's Food Specialities's earnings presentation, Jun 2, 2025
Slide 1: Investor's Presentation filing cover letter
MBFSL/CS/2025-26 2nd June, 2025 To, To, Department of Corporate Relations, National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, C- 1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400001 Mumbai– 400051 Scrip Code: 543253 Scrip Symbol: B
Slide 2: The Magic of Baking - Investor Presentation Q4FY25
THE MAGIC OF BAKING INVESTOR PRESENTATION | Q4FY25
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of Mrs. Bectors Food Specialities Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or i
Slide 4: Supportive Macro Drivers
Supportive Macro Drivers India’s growth story continues amidst global slowdown. Inflation showing sings of moderation. India’s Real GDP Growth CPI Inflation 7.9 6.5 6.2 7.0 6.0 6.8 5.5 5.5 6.5 6.4 5.5 5.2 5.1 5.0 4.5 4.3 4.0 3.6 3.5 3.3 3.6 3.7 3.0 2.5 2.0 1.5 1.0 0.5 0.0 FY18 FY19 FY23 FY24 FY25 E
Slide 5: India's Growing Middle Class
India’s Growing Middle Class Household (HH) Annual Earning Details (FY) India’s Private Final Consumption Expenditure (In USD trillion) (FY) 19.9% 0.5% 4.0 16.7% 20 100% 5.8% 1.3% 1.8% 3.0% 14.2% 3.5 12.5% 12.0% 15 17.9% 10.0% 10.8% 30.6% 33.5% 8.4% 8.8% 42.0% 3.0 10 8.5% 5 2.5 -1.7% 0 42.5% 2.0 3.7
Slide 6: Mrs Bector Foods: At a Glance
Mrs Bector Foods: At a Glance I feel blessed and express my gratitude to the Central government for recognising my services. I am feeling honoured and want to thank my family, children, and staff. This is a very proud moment for me and for all at Bectors. I would like to dedicate this award to all w
Slide 7: Large & Diverse Portfolio
Large & Diverse Portfolio DOMESTIC BISCUITS BAKERY Domestic Range Of Cookies, Creams, Digestives, Marie And Crackers Breads, Bakery & Gourmet EXPORTS QSR + B2B Exports Range Of Crackers, Cookies, and Creams Largest and the Most Trusted QSR players The brand names mentioned are the property of their
Slide 8: Performance Update
}}} Performance Update
Slide 9: Consolidated Performance Scorecard – Q4 FY25
Consolidated Performance Scorecard – Q4 FY25 Net Revenue EBITDA PAT Rs 446.1 Crs Rs. 55.6 Crs Rs 34.3 Crs Q4 FY25 Q4 FY25 Q4 FY25 +9.8% -5.3% +2.0% 12 Months Growth 12 Months Growth 12 Months Growth +29% +15% +24% 24 Months Growth 24 Months Growth 24 Months Growth 8
Slide 10: Consolidated Performance Scorecard – FY25
Consolidated Performance Scorecard – FY25 Net Revenue EBITDA PAT Rs 1,873.9 Crs Rs. 251.5 Crs Rs 143.2 Crs FY25 FY25 FY25 +15.4% +3.7% +2.0% 12 Months Growth 12 Months Growth 12 Months Growth +37.6% +43.5% +59.0% 24 Months Growth 24 Months Growth 24 Months Growth 9
Slide 11: Consolidated Q4 FY25 Performance Highlights
Consolidated Q4 FY25 Performance Highlights (YoY and 24 months comparison) Revenue from Operations* Segment Wise Revenues (Rs. Crs.) 446 Biscuit Segment Bakery Segment 406 +9.8% 257 179 346 240 +7% 151 +19% 203 128 Q4FY23 Q4FY24 Q4FY25 Q4FY23 Q4FY24 Q4FY25 Q4FY23 Q4FY24 Q4FY25 Biscuit segment revenu
Slide 12: Consolidated Profit & Loss Statement – Q4 FY25 and FY25
Consolidated Profit & Loss Statement – Q4 FY25 and FY25 Profit & Loss Statement (Rs. Crs.) Q4 FY25 Q4 FY24 Y-o-Y Q3 FY25 Q-o-Q FY25 FY24 Y-o-Y Revenue from Operations 446.1 406.4 9.8% 492.1 -9.4% 1,873.9 1,623.9 15.4% Cost of Materials Consumed 244.8 205.5 240.3 982.9 833.6 Purchase of stock-in-trad
Slide 13: Consolidated Balance Sheet as on 31st March 2025
Consolidated Balance Sheet as on 31st March 2025 EQUITY AND LIABILITIES (Rs. Crs.) 31-Mar-25 31-Mar-24 ASSETS (Rs. Crs.) 31-Mar-25 31-Mar-24 Non-current assets Equity Property, plant and equipment 550.4 491.6 Equity share capital 61.3 58.8 Right-of-use assets 63.3 31.9 Other equity 1,104.4 604.1 Cap
Slide 14: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Cash Flow Statement (Rs. Crs.) Mar-25 Mar-24 Cash Flow from Operating Activities Profit before Tax 191.8 188.3 Adjustment for: 72.8 61.4 Operating Profit before Working Capital Changes 264.6 249.7 Movement in working capital: -53.4 -47.2 Cash Generated from Operation
Slide 15: Outlook & Approach
}}} Outlook & Approach
Slide 16: Immense Industry Potential in the Biscuit Market
Immense Industry Potential in the Biscuit Market Growth in Biscuit Market (Rs. Bn.) Low per capita spending on biscuits 4,333 “Per capita consumption of biscuits in India +10% 903 is low as compared to the key developed 2,972 economies +9% However, factors like increasing disposable 551 2,209 363 86
Slide 17: Growth Potential in Bread & Bakery Business
Growth Potential in Bread & Bakery Business Indian Breads & Buns Market (Rs. Bn.) Chain QSR Market (Rs. Bn.) o Indian breads and buns retail market in India was valued at INR 62 billion in FY 24, growing at a CAGR of 6% from INR 47 billion in FY 19 o The market is further projected to grow at a CAGR
Slide 18: Our Approach
Our Approach Growth Augmenting Distribution (B2C and B2B) Strategy Robust Supply Chain & Manufacturing • Omni Channel Approach – Available on all touch points – Retail, MT, Ecommerce • Automation from front-end to back-end to enable real time analysis and decision making • Cremica Preferred Outlets
Slide 19: Cremica Brand footprint in 70+ Countries
Cremica Brand footprint in 70+ Countries Association with Walmart - Part of Walmart's commitment to source $10 bn in goods from India TRUST QUALITY COMMITMENT Bouquet of unique international offerings 70+ Dedicated subsidiary setup in the UAE to cater to MENA and African markets; Overall number of p
Slide 20: Preferred Supplier to Largest QSR Franchises in India
Preferred Supplier to Largest QSR Franchises in India Company is a leading player in the institutional bakery segment Key Success Factors Stringent quality control and Dedicated lines for manufacturing Industry best practices such as use of Innovative lines for manufacturing compliance with standard
Slide 21: New Introductions- Balancing Health, Indulgence and Convenience
New Introductions- Balancing Health, Indulgence and Convenience New Range of Cookies & Crackers Expansion of “Zero Maida” Range Introduction of New Frozen Dessert Range Cremica Shortbread ~ Premium Butter Cookies Expanded the “Zero Maida” Range with launch of Foray into Ready to Eat Zero Maida Pav (
Slide 22: Digital Marketing Visibility For Recent Developments
Digital Marketing Visibility For Recent Developments TVC renovated portfolio of Magic Cream (launched in Q3) Digital Campaigns across New Age Segments Restage in Q3 New Pineapple Variant 21
Slide 23: On-ground Visibility across key Brands Continue
On-ground Visibility across key Brands Continue Building Brand Visibility Continues On- Ground “No Means No” A Successful campaign, continued in Q4 With On Ground Visibility and Activations Continue in core market Outdoor marketing activities in North markets geographies for Cremica English Oven ~ D
Slide 24: Automated state of art manufacturing units
Automated state of art manufacturing units o Equipped with advanced modern technology and automated systems o Invested Rs. 716+ crores between FY21 to FY25 to build capacities with superior capabilities o Sourced best in class equipment from Denmark, Germany, US and Italy o Plants are equipped with
Slide 25: Expansion Projects
Expansion Projects Additions in Rajpura (Punjab) o 2 Biscuit lines have been commissioned in Rajpura in FY23-24 o 2 more lines have been commissioned 01 in Rajpura in H1’24-25 Addition in Bakery Business o Bhiwadi plant has been commissioned in FY23-24 02 o The company will be initiating Biscuit Lin
Slide 26: Future Ready Production | Capacity Utilization
Future Ready Production | Capacity Utilization Biscuits Bakery (Metric Tonnes) (Metric Tonnes) Tahliwal, Himachal Current Capacity 1,64,880 91,267 Phillaur, Punjab Rajpura, Punjab Greater Noida, UP Additional Planned 21,000 24,741 Bhiwadi, Rajasthan Total 1,85,880 1,16,008 Dhar, MP Kolkata, West Ben
Slide 27: Project Impact 1.0 (Initiatives For Mrs. Bectors' Cost Transformation)
Project Impact 1.0 (Initiatives For Mrs. Bectors' Cost Transformation) We have launched Project IMPACT 1.0, embarking on a cost transformation journey that began in Q1 FY25 and will continue Key Enablers Procurement & Packaging Logistics • Strategic sourcing for raw materials Commercial • Optimizing
Slide 28: 'Goodness Together' - Building Communities around us
‘Goodness Together’ - Building Communities around us Under “Goodness Together”, we continuously look for every opportunity to develop the community around us School Infrastructure 90+ Mobile Health Camps Hospital Infra Development Women’s Health & Hygiene Facility for Technical Skills Development Po
Slide 29: Historical Financials
}}} Historical Financials
Slide 30: Consolidated Segment Performance Highlights
Consolidated Segment Performance Highlights Revenue from Operations* Segment Wise Revenues (Rs. Crs.) 1,874 Biscuit Segment Bakery Segment 1,157 675 +15.4% 1,624 +17% +18% 990 573 1,362 487 807 988 592 339 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 Biscuit Segment includes Domestic,
Slide 31: Consolidated Performance Highlights
Consolidated Performance Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) PAT (Rs. Crs.) 1,874 242 252 140 143 1,624 1,362 175 90 988 123 57 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 Gross Profit Margins EBITDA Margins PAT Margins 44.6% 46.7% 46.2% 14.9% 8.6% 44.2% 13.4% 12.4% 12.9%
Slide 32: Consolidated Performance Highlights
Consolidated Performance Highlights Debt to Equity Working Capital (in Days) Inventory Debtors Creditors 0.3 Working Capital (in Days) 0.3 0.2 0.1 42 25 29 38 52 50 Mar-22 Mar-23 Mar-24 Mar-25 44 45 38 39 38 38 Cash Flow from Operations (Rs. Crs.) 30 28 164 162 26 153 24 84 FY22 FY23 FY24 FY25 Mar-2
Slide 33: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Profit & Loss Statement (Rs. Crs.) FY25 FY24 FY23 FY22 Revenue from Operations 1,873.9 1,623.9 1,362.1 988.2 Cost of Materials Consumed 982.9 833.6 737.7 536.0 Purchase of stock-in-trade 38.9 40.6 23.8 15.6 Changes in Inventories of Finished Goods and Work in Pro
Slide 34: Consolidated Historical Balance Sheet
Consolidated Historical Balance Sheet EQUITY AND LIABILITIES (Rs. Crs.) 31-Mar-25 31-Mar-24 31-Mar-23 31-Mar-22 Equity Equity share capital 61.3 58.8 58.8 58.8 Other equity 1,104.4 604.1 485.5 410.2 Total equity 1,165.8 662.9 544.3 469.0 Non-current liabilities Financial liabilities (i) Borrowings 6
Slide 35: Consolidated Historical Balance Sheet
Consolidated Historical Balance Sheet ASSETS (Rs. Crs.) 31-Mar-25 31-Mar-24 31-Mar-23 31-Mar-22 Non-current assets Property, plant and equipment 550.4 491.6 407.6 391.4 Right-of-use assets 63.3 31.9 18.2 19.2 Capital work-in-progress 237.0 94.4 48.7 11.9 Goodwill 0.4 0.4 0.4 0.4 Other intangible ass
Slide 36: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Cash Flow Statement (Rs. Crs.) Mar-25 Mar-24 Mar-23 Mar-22 Cash Flow from Operating Activities Profit before Tax 191.8 188.3 120.7 75.7 Adjustment for: 72.8 61.4 61.3 46.5 Operating Profit before Working Capital Changes 264.6 249.7 182.0 122.2 Movement in Working Cap
Slide 37: Company and Registrar contact details
Company CIN: L74899PB1995PLC033417 Company MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Mr. Parth Patel parth.patel@in.mpms.mufg.com Ms. Vidhi Vasa vidhi.vasa@in.mpms.mufg.com parth.patel@in.mpms.mufg.com vidhi.vasa@in.mpms.mufg.com
Mrs. Bectors Food Specialities — Q4 FY25 Earnings Presentation on 6ix