Mrs. Bectors Food Specialities Ltd reported full-year revenue of ₹2,043.6 crore for FY26, surpassing the ₹2,000 crore mark for the first time, representing an increase of 9.1 percent from ₹1,873.9 crore in FY25. However, the profit after tax for the year fell by 1.6 percent to ₹140.9 crore, as margins faced continued pressure. On Thursday, the stock was priced at ₹178.21 on the NSE, a decline of 1.41 percent, with sellers exceeding buyers—59.99 percent of the traded quantity coming from the sell side.
For the quarter ending March 2026, revenue was reported at ₹485.9 crore, marking an 8.9 percent year-on-year increase but a sequential decline of 8.9 percent from Q3 FY26. EBITDA was recorded at ₹61.7 crore, with margins slightly improving to 12.7 percent, an increase of 25 basis points compared to Q4 FY25. Quarterly profit after tax rose modestly by 3.3 percent to ₹35.4 crore.
Revenue growth for the quarter was driven by both business segments. The Biscuits segment achieved revenue of ₹278 crore, an increase of 8 percent year-on-year, while the Bakery segment reported revenue of ₹195 crore, a rise of 9 percent. Over a two-year period, the Bakery segment has seen growth of 29 percent since Q4 FY24, significantly outpacing the Biscuits segment, which grew by 16 percent.
Managing Director Anoop Bector remarked on the challenging operating environment, citing tariff uncertainty, disruptions caused by GST 2.0 reforms in Q3, and the West Asia conflict that pressured biscuit exports. To address these challenges, the company has implemented price increases and efficiency measures under an internal program named Project IMPACT, set to roll out in Q1 FY27.
Over the past year, the stock has depreciated by more than 40 percent amid a largely stable broader market, and it has fallen about 28 percent year-to-date. Currently, it trades at a trailing P/E ratio of 39.39, with a market capitalization estimated at roughly ₹5,471 crore. The company is included in the NIFTY Microcap 250 index.
Published on May 29, 2026.
