Mrs. Bectors Food Specialities (BECTORFOOD) Q4 24/25 earnings summary

Executive summary

• FY25 consolidated revenue grew 15.4% year-over-year to Rs 1,873.9 Cr, with Q4 FY25 revenue up 9.8% YoY and PAT at Rs 143.2 Cr, supported by steady growth in biscuits and bakery, product innovation, and premiumization.

• Board approved audited standalone and consolidated results for FY25, with unmodified auditor opinions.

• Final dividend of Rs. 3 per share recommended, bringing total FY25 dividend to Rs. 6 per share, subject to AGM approval.

• Appointment of Mr. Parveen Kumar Goel as acting CFO effective May 29, 2025.

• New product launches in health and indulgence categories, and expanded manufacturing capacity, are gaining traction.

Financial highlights

• FY25 consolidated revenue: Rs 1,873.9 Cr (up 15.4% YoY); EBITDA: Rs 251.5 Cr (up 3.7% YoY); EBITDA margin: 13.4%; PAT: Rs 143.2 Cr; PAT margin: 7.6%.

• Q4 FY25 consolidated revenue: Rs 446.1 Cr (up 9.8% YoY); EBITDA: Rs 55.6 Cr; PAT: Rs 34.3 Cr (up 2% YoY); PAT margin: 7.7%.

• Gross profit margin for FY25 at 46.2%; debt-to-equity ratio improved to 0.1; working capital cycle stable at 28 days.

• Cash and cash equivalents at year-end: Rs 86.1 Cr; net cash from operating activities: Rs 161.5 Cr.

• Board recommended a final dividend of Rs 3 per equity share, subject to shareholder approval.

Outlook and guidance

• FY26 B2C biscuit and bakery revenue expected to grow in low to mid-teens, with growth more back-ended in H2.

• Export business projected to grow at mid-teens rate; domestic biscuits to grow low to mid-teens annually.

• Margin normalization anticipated over 6–9 months, targeting 13–14% EBITDA margin for FY26.

• New product development targeted to contribute 5% of FY26 revenue.

• Focus on pan-India expansion, capacity addition, and continued investment in automation and digital marketing.