Mrs. Bector's Food Specialities Ltd. · NSE:BECTORFOOD
Mrs. Bector's Food Specialities — Q3 FY26 Earnings Presentation
38 slides from Mrs. Bector's Food Specialities's earnings presentation, Feb 13, 2026
Slide 1: Cover letter to stock exchanges
MBFSL/CS/2025-26 13th February, 2026 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 Sym
Slide 2: The Magic of Baking - Investor Presentation Q3FY26
}}} THE MAGIC OF BAKING INVESTOR PRESENTATION | Q3FY26
Slide 3: Safe Harbour
Safe Harbour 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
Slide 4: Industry Overview, Marketing & New Launches, Historical Financials, Outlook
Industry Marketing & Historical Overview New Launches Financials }}} }}} Performance Outlook & Update Approach
Slide 5: 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 3.5 3.3 3.2 7.0 6.8 6.5 6.5 3.0 2.8 2.5 2.1 2.1 2.0 1.6 1.4 1.5 1.3 1.0 0.7 0.5 0.3 0.0 FY18 FY19 FY23 FY24 FY25 Mar-25 Apr-25 May-25 Jun-2
Slide 6: 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 7: Mrs Bector Foods: At a Glance
Mrs Bector Foods: At a Glance Felicitated by SBI for her Lifetime Achievement outstanding achievement as Award and Pride of Punjab an entrepreneur and serving by Global Achievers Forum in as a role model for the 2017 women fraternity in 2017 MRS. RAJNI BECTOR FOUNDER OF THE COMPANY ‘Woman of Excelle
Slide 8: Large & Diverse Portfolio
Large & Diverse Portfolio DOMESTIC BISCUITS ENGLISH OVEN EXPORT QSR 7
Slide 9: Industry Overview, Marketing & New Launches, Historical Financials, Outlook
Industry Marketing & Historical Overview New Launches Financials }}} Performance Outlook & Update Approach
Slide 10: Consolidated Performance Scorecard – Q3 FY26
Consolidated Performance Scorecard – Q3 FY26 Net Revenue Gross Profit EBITDA Q3 FY26 ₹ 533.3 Crs ₹ 240.1 Crs ₹ 68.4 Crs 12 Months Growth + 8.4 % +8.2% +11.4% 24 Months Growth +24.4% +23.4% +11.8% 9
Slide 11: Consolidated Performance Scorecard – 9M FY26
Consolidated Performance Scorecard – 9M FY26 Net Revenue Gross Profit EBITDA 9M FY26 ₹ 1557.7 Crs ₹ 699.5 Crs ₹ 195.9 Crs 12 Months Growth +9.1% +4.8% 0.0% 24 Months Growth +27.9% +24.1% +6.6% 10
Slide 12: Consolidated Q3 FY26 Performance Highlights
Consolidated Q3 FY26 Performance Highlights (YoY and 24 months comparison) Revenue from Operations* Segment Wise Revenues (Rs. Crs.) 533 Biscuit Segment Bakery Segment 492 429 +24% 325 198 308 +21% 175 268 +36% 146 Q3FY24 Q3FY25 Q3FY26 Q3FY24 Q3FY25 Q3FY26 Q3FY24 Q3FY25 Q3FY26 Biscuit segment revenu
Slide 13: Consolidated Profit & Loss Statement – Q3 & 9MFY26
Consolidated Profit & Loss Statement – Q3 & 9MFY26 Profit & Loss Statement (Rs. Crs.) Q3 FY26 Q3 FY25 Y-o-Y Q2 FY26 Q-o-Q 9M FY26 9M FY25 Y-o-Y Revenue from Operations 533.3 492.1 8.4% 551.4 -3.3% 1,557.7 1,427.8 9.1% Cost of Materials Consumed 268.6 240.3 296.0 823.4 738.1 Purchase of stock-in-trad
Slide 14: Industry Overview, Marketing & New Launches, Historical Financials, Outlook
Industry Marketing & Historical Overview New Launches Financials } }}} Performance Outlook & Update Approach
Slide 15: Cremica: Post GST 2.0, gaining strong momentum
Cremica: Post GST 2.0, gaining strong momentum Diwali Gifting Christmas & New Year Communicating GST Benefit Impact Properties ~India vs NZ in Stadium 14
Slide 16: Upgrading Consumer Experience - New Introductions/Scale Up
Upgrading Consumer Experience -New Introductions/Scale Up Scaling up Golden Bites Collaboration with Blinkit on Tins 15
Slide 17: Building the Health First Portfolio
Building the Health First Portfolio Launch of Zero Maida Bakery Range No Artificial Preservatives No Palm Oil Outdoor Campaign Building Health in Everyday Products Launch of Zero Maida Bakery Range Print Campaign No Palm Oil Truly Clean NaturBaked ~New Look • Italian Sourdough for Gut Health • No Pa
Slide 18: Awareness
Expansion of Frozen Portfolio Impact ~ Innovative Outdoor Occasion Christmas & New Year Campaign Educate Influencers Awareness New Launch Digital 17
Slide 19: Industry Overview, Marketing & New Launches, Historical Financials, Outlook
Industry Marketing & Historical Overview New Launches Financials }}} Performance Outlook & Update Approach
Slide 20: Growth Potential in Bread & Bakery Business
Growth Potential in Bread & Bakery Business Growth in Biscuit Market (Rs. Bn.) Low per capita spending on biscuits “Per capita consumption of biscuits in 4,333 India is low as compared to the key +10% 903 developed economies 2,972 +9% However, factors like increasing 551 2,209 disposable income, pro
Slide 21: 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 +11% 103 886 o The market is further projected to g
Slide 22: Our Approach
Our Approach Augmenting Distribution (B2C and B2B) Building Portfolio of Offerings • Omni Channel Approach – Available on all touch • Participate in all key segments, all Key Price Points points – Retail, MT, Ecommerce • Build “Cremica” as a preferred Brand in all key • Cremica Preferred Outlets – R
Slide 23: 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 70+ Dedicated subsidiary setup in the UAE to cater to MENA and African markets; America Africa Overall number of plans to expand footprint in
Slide 24: 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 Innovative lines for manufacturing compliance with standards b
Slide 25: Automated state of art manufacturing units
Automated state of art manufacturing units Invested Rs. 716+ crores Plants are equipped with best Equipped with advanced Sourced best in class between FY21 to FY25 to build of technology with capability modern technology and equipment from Denmark, Focus on innovation capacities with superior to pro
Slide 26: Expansion Projects
Expansion Projects Additions in • 2 Biscuit lines have been commissioned in Rajpura in FY23-24 01 Rajpura (Punjab) • 2 more lines have been commissioned in Rajpura in H1’24-25 Addition in • Bhiwadi plant has been commissioned in FY23-24 02 Bakery Business Biscuit Lines at • Dhar plant had been commi
Slide 27: Future Ready Production | Capacity Utilization
Future Ready Production | Capacity Utilization Biscuits Bakery (Metric Tonnes) (Metric Tonnes) Tahliwal, Himachal Current Capacity 1,85,880 91,267 Phillaur, Punjab Rajpura, Punjab Greater Noida, UP Additional Planned - 24,741 Bhiwadi, Rajasthan Total 1,85,880 1,16,008 Dhar, MP Kolkata, West Capacity
Slide 28: Project Impact 1.0 (Initiatives For Cost Transformation)
Project Impact 1.0 (Initiatives For Mrs. Bectors' Cost Transformation) We had launched Project IMPACT 1.0, and have started to witness the accrual of benefits and its contribution to the bottom-line Key Enablers Optimising Procurement & Sales & Manufacturing Reducing Wastage Logistics Packaging Dist
Slide 29: '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 30: Industry Overview, Marketing & New Launches, Historical Financials, Outlook
Industry Marketing & Historical Overview New Launches Financials }}} }}} Performance Outlook & Update Approach
Slide 31: 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 * Total Revenue includes revenue f
Slide 32: 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 33: 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 34: 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 35: 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 36: 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 37: 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 non-operating items 72.8 61.4 61.3 46.5 Operating Profit before Working Capital Changes 264.6 249.7 182.0 122.2 Chan
Slide 38: Thank You
Company: CIN: L74899PB1995PLC033417 }}}` Investor Relations Advisors: MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Mr. Parth Patel Ms. Vidhi Vasa parth.patel@in.mpms.mufg.com vidhi.vasa@in.mpms.mufg.com parth.patel@in.mpms.mufg.com
Mrs. Bectors Food Specialities — Q3 FY26 Earnings Presentation on 6ix