Skip to main content
Swing Capital

Tasty Bite Eatables Ltd

NSE: TASTYBITE BSE: 519091FMCG

Tasty Bite Eatables is a manufacturer of ethnic and natural vegetarian packaged and ready to eat/serve (RTE) and Read-to-cook (RTC) food products, which is sold under the “Tasty Bite” brand in the United States of America, Australia, the United Kingdom, Germany and Canada. [1] It is one of the fastest growing Asian food brands in the United States.[2]

₹7,467
52W: ₹6430 — ₹11958
PE 53.5 · Book ₹1242 · +501% vs book
Market Cap₹1,916 Cr
Stock P/E53.5Price to Earnings
ROCE10.7%Return on Capital
ROE8.58%Return on Equity
Div. Yield0.03%Face Value ₹10

Strengths

  • +Company has reduced debt.

Weaknesses

  • −Stock is trading at 5.98 times its book value
  • −The company has delivered a poor sales growth of 5.42% over past five years.
  • −Company has a low return on equity of 12.5% over last 3 years.
  • −Earnings include an other income of Rs.21.2 Cr.

Shareholding Pattern

Promoters74.23%
FIIs3.67%
DIIs0.46%
Public21.64%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.23%74.23%74.23%74.23%74.23%74.23%74.23%74.23%
FIIs4.12%3.87%▼0.33.79%▼0.13.74%▼0.03.7%▼0.03.68%▼0.03.66%▼0.03.67%▲0.0
DIIs0.47%0.48%▲0.00.44%▼0.00.61%▲0.20.46%▼0.10.46%0.46%0.46%
Public21.17%21.41%▲0.221.52%▲0.121.41%▼0.121.61%▲0.221.63%▲0.021.65%▲0.021.64%▼0.0

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales14513310985157179134121133177
Expenses12512010184140156123105124151
Operating Profit20138217231116926
OPM %14%10%8%2%11%13%8%13%7%15%
Net Profit1163-4101368417
EPS ₹44.2724.369.94-14.3839.2850.7824.1231.9214.1168.16

AI Insights

Revenue Trend

TTM revenue at ₹565Cr, up 2% YoY. OPM at 11%.

Debt Position

Borrowings at ₹66Cr. Debt-to-equity ratio: 0.21x. Healthy balance sheet.

Capex Cycle

CWIP at ₹13Cr (6% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0.46% (-0.16pp change). FIIs: 3.67% (+0.06pp change). Promoters hold 74.23%.

Margin & Efficiency

ROCE improving from 11% (Mar 2014) to 11% (Mar 2025). Working capital days: 76.

Valuation

PE 53.5x with 10.7% ROCE. Price is 501% above book value of ₹1,242. Dividend yield: 0.03%.

Recent Announcements