Financial Performance Overview
Mrs. Bectors Food Specialities Limited reported consolidated revenue growth of 9.1% YoY to ₹2,044 crore for FY26, with Profit After Tax of ₹141 crore. Standalone revenue reached ₹1,899 crore (9.04% growth) with net profit of ₹119 crore (1.86% decrease). The company declared total dividend of 65% (₹1.30 per share post 5:1 stock split), comprising interim dividend of ₹0.60 and final dividend of ₹0.70 per share.
Operational Expansion & Capacity
Company commissioned three new manufacturing facilities: Dhar biscuit plant (21,000 MTPA), Kolkata bakery (225,000 buns/day), and Khopoli bakery (36,464 MTPA). Total capacity reached 185,880 MTPA for biscuits and 107,467 MTPA for bakery products. Expanded into Hyderabad market with English Oven brand and launched new products including Protein Bread and Cheesecake Jars.
Regulatory & Compliance Matters
Faced GST demand of ₹65.1 million for July 2017-March 2023 period, successfully appealed. Received CCPA penalty of ₹0.1 million for "100% whole wheat" labeling, appealing while discontinuing descriptor. Independent auditor Walker Chandiok issued unmodified opinion but noted audit trail feature limitations in accounting software.
Financial Position & Capital Structure
Total borrowings stood at ₹1.31 billion with secured term loans from PNB and IDBI Bank. Utilized ₹400 crore QIP proceeds for debt repayment (₹155 crore), expansion (₹130 crore), and corporate purposes. Maintained credit ratings of AA/Stable (ICRA) and AA-/Positive (CRISIL).
Corporate Governance & Ownership
Promoter holding decreased from 51.18% to 49.04%. Board composition includes Anoop Bector (MD), Ishaan Bector, Suvir Bector, and independent directors. 31st AGM scheduled for September 18, 2026 to approve financial statements and dividend. ESOP 2023 has 200,000 options outstanding at ₹189.30 exercise price.
Sustainability & CSR
Renewable energy accounted for 14% of consumption. CSR spending of ₹14.01 million focused on education initiatives including school establishment in Ludhiana. Maintained 2,495 employees with 100% health insurance coverage and training completion.