Mrs. Bectors Food Specialities (BECTORFOOD) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 consolidated revenue reached INR 548.7 crore, up 16% year-on-year and 12.9% sequentially, with margin expansion despite inflation and West Asia disruptions.

• EBITDA grew 23.8% year-on-year to INR 72.1 crore, with margin at 13.1%, and PAT rose 25.5% YoY to INR 38.8 crore.

• Biscuit segment revenue grew 16% YoY to INR 325 crore; bakery segment revenue increased 18% YoY to INR 215 crore.

• Domestic demand remained robust across retail and institutional channels; export order book strengthened despite logistics challenges.

• Board approved unaudited consolidated and standalone financial results for the quarter ended 30 June 2026; appointment of Anshul Rastogi as CFO effective 7 August 2026.

Financial highlights

• Revenue from operations: INR 548.7 crore (16% YoY growth, 12.9% QoQ growth); gross profit: INR 258.9 crore (20% YoY growth), gross margin at 47.2%.

• EBITDA: INR 72.1 crore (23.8% YoY growth), EBITDA margin at 13.1% (up 80 bps YoY); PAT: INR 38.8 crore (25.5% YoY growth), PAT margin at 7.1%.

• Consolidated basic and diluted EPS for Q1 FY27 stood at INR 1.26, up from INR 1.01 in Q1 FY26.

• Price increases of 2%-2.5% implemented, with partial impact in Q1 and full impact expected in Q2.

• FY26 revenue reached INR 2,043.6 crore, up from INR 1,873.9 crore in FY25; FY26 PAT was INR 140.9 crore.

Outlook and guidance

• Targeting mid-teens revenue growth for FY27, with seasonality expected.

• Aim to achieve 14% EBITDA margin by Q4 FY27, with long-term goal of 15%-16% by FY30.

• Continued focus on premiumization, distribution expansion, and brand investments to drive growth.

• Export growth expected to sustain at mid-teens, with no one-off restocking effects in Q1.

• India’s real GDP growth projected at 7.6% for FY26, supporting positive demand outlook.