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

Executive summary

• Q1 FY27 consolidated revenue reached ₹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 ₹72.1 crore, with margin at 13.1%, and PAT rose 25.5% to ₹38.8 crore.

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

Financial highlights

• Revenue from operations: ₹548.7 crore (16% YoY growth, 12.9% QoQ growth).

• Gross profit: ₹258.9 crore (20% YoY growth), gross margin at 47.2% (up from 45.6%).

• EBITDA: ₹72.1 crore (23.8% YoY growth), EBITDA margin at 13.1% (up 80 bps YoY).

• PAT: ₹38.8 crore (25.5% YoY growth), PAT margin at 7.1%.

• Price increases of 2–2.5% implemented to offset 1.5% input cost inflation.

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.

• Confident in sustaining export and bakery growth momentum; domestic biscuits expected to deliver low double-digit growth for the year.

• Continued investment in distribution, marketing, and premium product categories to drive future growth.

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