Mrs. Bectors Q4 Results Review - More Of The Same, And That's Exactly What Consensus Likes: ICICI Securities
Volume and premiumisation driven growth03-06-2024
03-06-2024
Mrs. Bectors Food Specialities Ltd - 543253 - LINK FOR AUDIO RECORDING OF CONFERENCE CALL- Q4 & FY24
Pursuant to the provisions of Regulation 30 of the SEBI (LODR) Regulation, 2015, please find the link for Audio Recording of the conference call of the Company held on 31st Ma, 2024 at 4:00 pm (IST) to discuss the results of Q4 FY2431-05-2024
Mrs. Bectors Food Specialities Ltd - 543253 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, please find below link for Audio Recording of Conference Call of the Company 'Mrs. Bectors Food Specialities Limited' held on May 31, 2024 at 04:00 P.M. (IST) to discuss the results of Q4 FY24.31-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Mrs. Bectors Food Specialities Ltd.
Packaged Foods company Mrs. Bectors Food Specialities announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenues for Q4FY24 stood at Rs 406.4 crore, reflecting a growth of 17.4% compared to Q4FY23 figure of Rs 346.1 crore. Gross Profit in Q4FY24 amounted to Rs 194.0 crore, indicating a notable increase of 24.0% from Q4FY23 value of Rs 156.4 crore. EBITDA for Q4FY24 reached Rs 58.6 crore, marking a growth of 21.6% compared to Q4FY23 figure of Rs 48.2 crore. Profit After Tax (PAT) in Q4FY24 was Rs 33.6 crore, showcasing a rise of 21.6% from Q4FY23 value of Rs 27.7 crore. EBITDA Margins improved to 14.4% in Q4FY24 from 13.9% in Q4FY23. PAT Margins also saw an increase, reaching 8.3% in Q4FY24 compared to 8.0% in Q4FY23. FY24 Financial Highlights: Revenues for FY24 surged to Rs 1,623.9 crore, marking a substantial growth of 19.2% from FY23 figure of Rs 1,362.1 crore. Gross Profit in FY24 amounted to Rs 757.8 crore, indicating a significant increase of 24.6% from FY23 value of Rs 608.1 crore. EBITDA for FY24 reached Rs 242.4 crore, showcasing a remarkable growth of 38.4% compared to FY23 figure of Rs 175.2 crore. Profit After Tax (PAT) in FY24 was Rs 140.4 crore, demonstrating a substantial rise of 55.8% from FY23's value of Rs 90.1 crore. EBITDA Margins improved to 14.9% in FY24 from 12.9% in FY23. PAT Margins also saw a significant increase, reaching 8.6% in FY24 compared to 6.6% in FY23. Commenting on the Results, Anoop Bector, Managing Director said, “I’m pleased to announce that the company has delivered a remarkable revenue growth of 17.4% and profitability improved by 21.6% to Rs 33.6 crore in Q4 FY24 on a YoY basis. Our branding and marketing initiatives have been well-positioned to create strong brand recognition among customers. We continue to focus on the premiumisation of our products and increasing our footprint in both existing and new territories by enhancing retail touchpoints and expanding our distribution reach.” Result PDF31-05-2024
Mrs. Bectors Food Specialities Ltd - 543253 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In accordance with Regulation 47 and other applicable provisions of SEBI LODR Regulations, 2015, we are enclosing herewith the copies of the newspaper publication of the Audited Financial Results for the Quarter and year ended 31 March, 2024.31-05-2024
Mrs. Bectors Food Specialities Ltd - 543253 - Announcement under Regulation 30 (LODR)-Investor Presentation
In terms of Regulation 30 and other applicable provisions of SEBI LODR Regulations, 2015, please find attached herewith copy of Investors'' Presentation with respect to the performance of the Company for the Quarter and year ended 31 March, 2024.31-05-2024
Mrs. Bectors Food Specialities Ltd - 543253 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Investor Release related to Q4 & FY24 Financial Performance of Company30-05-2024
Mrs. Bectors Food Specialities Ltd - 543253 - Corporate Action-Board approves Dividend
Board Recommended a final dividend of Rs. 2/- (Rupees Two Only) per equity share having face value of Rs. 10/- (Rupees Ten Only) each (i.e. 20%)for the Financial Year 2023-2024. Final Dividend will be paid after approval of the Members at the ensuing Annual General Meeting of the Company30-05-2024
Mrs. Bectors Food Specialities Ltd - 543253 - Results- Financial Results For The Quarter And Year Ended 31.03.2024
Audited Standalone and Consolidated Financial Results for the quarter and year ended 31.03.2024 along with Auditors Report30-05-2024
Mrs. Bectors Food Specialities Ltd - 543253 - Board Meeting Outcome for Outcome Of The Board Meeting
Pursuant to Regulation 30 & 33 of SEBI (LODR) Regulations 2015, we would like to inform you that the Board of Directors at their meeting held today i.e., May 30, 2024 have inter-alia, considered and approved the following: 1. Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Year ended March 31, 2024 along with the unmodified Auditor''s Report issued by M/s BSR & Co. LLP, Statutory Auditors of the Company; 2. Recommended a final dividend of Rs 2.00/- (Rupees Two Only) per Equity Share having Face Value of Rs. 10/- (Rupees Ten Only) each (i.e. 20%) for the Financial Year 2023-2024. 3. Appointed B K Gupta & Associates, Ludhiana, as the Secretarial Auditors of the Company for the Financial Year 2025-29. 4. Considered and Approved the purchase of the bread and bakery business on slump sale basis from Mrs, Bectors Cremica Enterprises Limited for a lump sum consideration of Rs. 15 crores30-05-2024