Mumbai, February 5, 2025 – Mrs. Bectors Food Specialities Limited (NSE: BECTORFOOD, BSE: 543253) has announced its unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2024. The company has delivered steady revenue growth and profitability, backed by strong operational performance and cost control measures.
Financial Highlights (Consolidated)
| Particulars | Q3 FY25 (₹ mn) | Q3 FY24 (₹ mn) | YoY Change (%) | 9M FY25 (₹ mn) | 9M FY24 (₹ mn) | YoY Change (%) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 4,921.19 | 4,288.58 | +14.8% | 14,278.06 | 12,175.51 | +17.3% |
| Total Income | 4,990.86 | 4,335.40 | +15.1% | 14,454.36 | 12,290.30 | +17.6% |
| EBITDA | 703.65 | 667.89 | +5.4% | 2,161.52 | 2,012.80 | +7.4% |
| Profit Before Tax (PBT) | 516.89 | 463.48 | +11.5% | 1,465.25 | 1,430.75 | +2.4% |
| Net Profit | 345.94 | 346.12 | -0.05% | 1,089.56 | 1,067.45 | +2.1% |
| Earnings Per Share (₹) | 5.64 | 5.89 | -4.2% | 18.21 | 18.15 | +0.3% |
- Revenue from operations saw a solid increase of 14.8% YoY for the quarter and 17.3% YoY for the nine-month period.
- EBITDA improved 5.4% YoY in Q3 FY25, with an overall margin expansion.
- The company’s net profit remained stable, reflecting effective cost management and a well-diversified product portfolio.
Segmental Performance
- The company operates in a single segment: "Food Products" as per its financial statements.
- Growth in the premium bakery and biscuit categories contributed significantly to revenue.
- Export demand remained stable, helping sustain revenue growth.
Standalone Financial Performance
| Particulars | Q3 FY25 (₹ mn) | Q3 FY24 (₹ mn) | YoY Change (%) | 9M FY25 (₹ mn) | 9M FY24 (₹ mn) | YoY Change (%) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 4,575.88 | 4,003.32 | +14.3% | 13,301.76 | 11,330.02 | +17.4% |
| Net Profit | 273.59 | 301.02 | -9.1% | 921.93 | 928.42 | -0.7% |
| Earnings Per Share (₹) | 4.46 | 5.11 | -12.7% | 15.41 | 15.78 | -2.3% |
- The standalone revenue grew by 14.3% YoY in Q3 FY25 and 17.4% YoY over the nine-month period.
- Standalone net profit dipped 9.1% YoY due to higher expenses and increased tax outgo.
Interim Dividend Declared
- The Board of Directors declared an interim dividend of ₹3.00 per equity share (30%).
- The record date for the dividend payment is February 17, 2025.
Strategic Investments & QIP Fund Utilization
Mrs. Bectors Food Specialities successfully raised ₹4,000 million through a Qualified Institutional Placement (QIP) for business expansion and debt repayment:- ₹1,550 million allocated to debt repayment, fully utilized.
- ₹1,300 million earmarked for expansion of the Khopoli facility, with ₹179.59 million spent to date.
- ₹200 million invested in Madhya Pradesh plant expansion.
- ₹830.62 million allocated for general corporate purposes, with ₹306.38 million utilized.
Management Commentary
Anoop Bector, Managing Director of Mrs. Bectors Food Specialities, stated:Outlook
- Continued growth in domestic and export markets expected.
- Focus on expanding premium product offerings in biscuits and bakery.
- Ongoing capital investment in manufacturing facilities to support long-term revenue expansion.
- Margin improvements anticipated through operational efficiencies.