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Q1FY23 Quarterly Result Announced for Mrs. Bectors Food Specialities Ltd.

Packaged Foods firm Mrs. Bectors Food Specialities announced Q1FY23 Result : Biscuit segment reported a growth of 24% in Q1FY23 over Q1FY22. This segment has grown by 26% over Q1FY21. Our domestic biscuit segment and exports witnessed higher double-digit growth in Q1FY23 as compared to same period last Bakery segment has grown by 56% in Q1FY23 including retail bakery and institutional segment. This segment has grown by 114% as compared to Q1FY21 Both Retail & Institutional Bakery has grown by higher double digit in Q1FY23 as compared to same period last year. The Company continues to focus on increasing distribution and premiumization of products Commenting on the Results, Mr. Anoop Bector, Managing Director said, “We witnessed revenue growth of 33% with strong growth momentum across both the biscuits and bakery segment. I’m pleased to share that we saw growth in both volumes and realization. In first quarter, we continued to experience pressure on raw materials prices and the Company also took price hikes to mitigate these pressures. Having said this, the Company is currently witnessing softening of raw material prices, this coupled with price hikes is expected to have a positive impact on our EBITDA margins, going forward. Mrs Bectors has focused over past few months on strengthening leadership team, building capacities to enhance manufacturing infrastructure, driving S&D; through digitization and field force augmentation alongside premiumization.. We have successfully onboarded marketing and supply chain head from reputed organizations to achieve our long-term growth targets. The Company has recently implemented salesforce management system (SFS) and is expected to implement Distributor Management System (DMS) in the coming quarters. The company continues to enhance its existing distribution and plans to double its network in North India in next two years. Further, we will also focus on enhancing our presence in Western and Southern India over next few quarters." Result PDF
10-08-2022
Bigul

Mrs. Bectors Food Specialities Ltd - 543253 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Investor Release related to Q1 FY23 Financial Performance of the Company.
10-08-2022
Bigul

Mrs. Bectors Food Specialities Ltd - 543253 - Statement Of Deviation/ Variation In Utilization Of Funds Raised In IPO

Dear Sir/Madam, Pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed herewith statement of deviation(s) or variation(s) in utilization of funds raised through Initial Public Offering (IPO) for the quarter ended June 30, 2022 in the prescribed format. We confirm that there has been no deviation in the utilization of Proceeds of IPO as mentioned in the objects stated in the prospectus dated December 19, 2020. You are requested to take the same on record.
09-08-2022
Bigul

Mrs. Bectors Food Specialities Ltd - 543253 - Un-Audited Financial Results For The Quarter Ended 30.06.2022

Pursuant to Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, ('Listing regulations') we would like to inform you that the Board of Directors at their meeting held today i.e., August 09, 2022 have inter-alia, considered and approved the following: 1. Un-Audited Standalone Financial Results of the Company for the Quarter ended June 30, 2022 along with the Limited Review Report thereon issued by M/s BSR & Co. LLP, Statutory Auditors of the Company; 2. Un-Audited Consolidated Financial Results of the Company for the Quarter ended June 30, 2022 along the Limited Review Report thereon issued by M/s BSR & Co. LLP, Statutory Auditors of the Company.
09-08-2022
Bigul

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, ('Listing regulations') we would like to inform you that the Board of Directors at their meeting held today i.e., August 09, 2022 have inter-alia, considered and approved the following: 1. Un-Audited Standalone and Consolidated Financial Results of the Company for the Quarter ended June 30, 2022 along with the Limited Review Report thereon issued by M/s BSR & Co. LLP, Statutory Auditors of the Company; 2. Subject to the approval of shareholders, the Board approved the deletion of the Part II in Article of Association which is related to the Shareholders who have exited the Company. 3. Approval of Revised Capex Plan of the company by increase in CAPEX from INR 50.00 Cr to INR 75.00 Cr. for Rajpura 2 New proposed lines for manufacturing of biscuits.
09-08-2022
Bigul

Mrs. Bectors Food Specialities Ltd - 543253 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Dear Sir/Madam, Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Earnings Call post announcement of financial results of the Company for the quarter ended June 30, 2022, is scheduled on Wednesday, August 10, 2022 at 16:30 Hours (IST).
04-08-2022
Bigul

Mrs. Bectors Food Specialities Ltd - 543253 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
03-08-2022
Bigul

Mrs. Bectors Food Specialities Ltd - 543253 - Board Meeting Intimation for Intimation Of Board Meeting Under SEBI Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015.

Mrs. Bectors Food Specialities Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/08/2022 ,inter alia, to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we wish to inform you that a Meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, August 09, 2022, through Video- conference / other audio visual means, inter alia to consider, approve and take on record the Un-Audited Standalone and Consolidated Financial Results of the Company for the quarter and three months ended June 30, 2022.
01-08-2022
Bigul

Mrs. Bectors Food Specialities Ltd - 543253 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Pursuant to the relevant provisions of the SEBI Listing Regulations, we would like to inform you that the officials of our Company, Mrs. Bectors Food Specialities Limited ('Company') will be interacting with institutional Investors and Analysts on 19th & 20th July, 2022 in Mumbai. This is to further inform that the copy of the Investor Presentation has been uploaded on the Stock Exchanges and on the website of the Company www.cremica.in for your information and for the information of your members and the public at large. This information is submitted to you pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015. Request you to kindly take the same on record.
18-07-2022
Bigul

Mrs. Bectors Food Specialities Ltd - 543253 - Announcement Under Regulation 30 LODR - Intimation Of Commencement Of Commercial Production At Rajpura ('Rajpura Expansion Project')

Pursuant to Regulation 30 read with Para B of Schedule III of the Listing Regulations and the relevant clauses of the Determination of Materiality of Event(s)/ Information Policy of the company, we wish to inform you that the new production line of Biscuits at Rajpura has started its Commercial Production with an installed Capacity of 12000 Tons per annum w.e.f. July 15, 2022. Kindly take the same on record.
16-07-2022
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