Tasty Bite Eatables Ltd.
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13400.00 +149.60 ▲1.1%

30 November 2021, 04:00:00 P.M.
Volume: 272

Overview View Details

Sector Fast Moving Consumer Goods Compare with Sector peers
Industry Consumer Food Compare with Industry peers
Website http://www.tastybite.co.in
Financial Indicators
Market Cap 3,400.05 Cr.
Earnings per share (EPS) 139.68 Trailing Twelve Months Ending 2021-09
Price-Earning Ratio (PE) 94.86 Trailing Twelve Months Ending 2021-09
Industry PE 58.02 Trailing Twelve Months Ending 2021-09
Book Value / Share 837.85 Trailing Twelve Months Ending 2021-09
Price to Book Value 15.81 Calculated using Price: 13,250.40
Dividend Yield 0.02 Period Ending 2021-03
No. of Shares Subscribed 0.26 Cr. 2,566,000 Shares
FaceValue 10
Company Profile

Tasty Bite Eatables, established in 1985, is in the business of manufacturing and marketing ready-to-serve food and frozen vegetables. The company’s factory is located at Village Bhandgaon, Taluka Daund, Pune, Maharashtra. The company sells its products under brand name ‘Tasty Bite’. It also exports its products to Australia and the United States. The company’s factory is ISO9001-2000, HACCP (Hazard Analysis and Critical Control Point), and ISO14000 (environmental management) certified. Tasty Bites has exceptional retort pouches developed for the Apollo space programme. Tested to withstand extreme temperatures and heights from well below sea level to as high as the moon, this retort packaging has made Tasty Bites favourite with campers, mountain climbers, sailing expeditions and desert safaris.

Business area of the company

The company manufacture food for kitchens of all sizes. The company is in manufacturing prepared foods and food intermediates across shelf-stable, frozen and chilled food formats. With rigorous quality checks, it ensure that only the finest products reach its customers.

Products

The Tasty Bite range of ready-to-eat and easy-to-cook, all-natural products cover the gamut of Indian and Asian cuisines and include a vast selection of entrees, ready-to-cook sauces, and organic rice and whole-grain preparations.

Awards

  • 2012: Debutante Supplier of the year by Pizza Hut
  • 2013: Best Innovation Partner by KFC
  • 2013: Crisis Like Collaboration by YUM
  • 2017: SOFI Award for Tasty Bite Tikka Masala & Thai Green Curry
  • 2017: Excellence Award by Taco Bell
  • 2018: Most Dependable Partner By Jubilant FoodWorks
  • 2019: India’s 25 Best Workplace in Manufacturing by GPTW
  • 2019: True Partner by Taco Bell

Milestones

  • 1985: Tasty Bite Eatables Limited incorporated as a Public Limited Company
  • 1986: TBEL becomes pioneers of 'Retort' technology in India
  • 1987: Initial Public Offering by TBEL
  • 1987: 1st commercial production begins at TBEL Pune facility
  • 1990: 5 SKUs of Tasty Bite RTS range launched in India
  • 1993: TBEL referred to Board of Industrial and Financial Reconstruction (BIFR) owing to losses and net worth erosion
  • 1995: 1st export consignment to Preferred Brands International Inc (PBI)
  • 1998: PBFIPL becomes promoter & shareholder
  • 2000: TBEL receives HACCP & ISO 2200 certification
  • 2003: TBEL declared profitable
  • 2005: TBEL receives the coveted C-TPAT certification
  • 2006: Tasty Bite forays into foodservice business in India. Launches a new business vertical 'TFS' - Tasty Bite Foodservice
  • 2006: TBEL certified for Kosher & Halal
  • 2007: TBEL transitions to 'Briquettes' to fuel boilers, accounting to 70-80% of total enery consumption
  • 2008: TBEL gets EMS OHSAS certified
  • 2009: TBEL ranked among India's Top-50 Best Companies To Work For by GPTW
  • 2009: First divident declared in history of TBEL
  • 2010: State-of-the-art R&D facility - TBRC (Tasty Bite Research Centre) inaugrated at Pune
  • 2010: TBEL ranked among India's Top-100 Best Companies To Work For by GPTW
  • 2011: TBEL crosses INR 1 Billion mark in revenues
  • 2011: TBEL Pune facility receives BRC certification
  • 2012: TBEL ranked among India's Top-50 Best Companies To Work For by GPTW
  • 2012: 'Debutante Supplier of the Year' award by Pizza Hut
  • 2013: KFC names TBEL as the 'Best Innovative Partner'
  • 2013: TBEL invests in state-of-the-art sauce technology to manufacture preservative-free ambient sauces
  • 2014: TBEL begins its organic transformation journey with Tasty Bite Plain Rice
  • 2014: TBEL utilizes wind energy to fuflfil 15-18% of total energy requirement
  • 2015: Acquisition of TBEL by Kagome Co Ltd
  • 2015: TBEL receives NPOP / NOP certification
  • 2016: TBRC wins the Food Processing magazine 'R&D Team of the year' award
  • 2017: TBEL's foodservice business (TFS) expands its horizons to international markets
  • 2017: Tikka Masal & Thai Green Curry receive SOFI award
  • 2017: TBEL commisisons a full-scale bio gas plant for energy conversion & waste management
  • 2017: 'Excellence Award' by Taco Bell
  • 2017: Acquisition of TBEL by Mars Incorporated
  • 2018: 'Tasty Bite Foundation' gets Incorporated as the CSR arm of TBEL
  • 2018: TBEL receives COR certification
  • 2018: Jubilant FoodWorks recognizes TBEL as the 'Most Dependable Partner'
  • 2019: TBEL's flagship RTE product'Madras Lentils' transitions to 'Organic'
  • 2019: GPTW recognizes TBEL as India's 25 Best Workplaces in Manufacturing - 2019
  • 2019: TBEL installs solar roof panels as a part of its UN Sustainable Goals commitment
  • 2019: True Partner Award by Taco Bell
  • 2019: GPTW ranks TBEL among India's 75 Best Workplaces for Women 2019
  • 2020: TBEL launches 'Tasty Bite XCLUSIVE' with a range of specialty frozen snacks in India
  • 2020: TBEL is ranked amongst the top-500 listed companies in India based on market capitalisation
  • 2020: TBEL receives HALAL MU certification
  • 2020: GPTW ranks TBEL among India's 100 Best Workplaces for Women - 2020

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.13%
1 Week
-6.42%
1 Month
-18.87%
3 Month
-28.32%
6 Month
-12.70%
1 Year
+17.22%
2 Year
+54.02%
5 Year
+280.84%

Ratios View Details

9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 23.55 13.58 27.66 30.88 32.74 30.63 26.27 28.02 21.48
Return on Capital Employed (%) 17.32 10.40 23.12 28.47 30.75 31.03 32.90 28.75 20.67
Return on Assets (%) 8.21 4.28 9.75 13.24 14.63 14.63 14.43 15.64 10.57

Balance Sheet View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 24 30 34 45 61 74 99 132 163 207
Non Curr. Liab. 13 32 29 26 26 43 39 35 34 120
Curr. Liab. 23 31 46 42 44 52 53 58 101 120
Minority Int.
Equity & Liab. 61 93 109 113 131 170 192 225 298 447
Non Curr. Assets 32 49 65 62 63 81 86 104 147 247
Curr. Assets 29 44 43 51 68 89 106 121 150 200
Misc. Exp. not W/O
Total Assets 61 93 109 113 131 170 192 225 298 447

Profit Loss View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 82 112 145 177 208 252 296 337 426 385
Other Income 1 0 1 2 1 3 7 18 29 19
Total Income 83 112 146 178 209 255 303 355 455 404
Total Expenditure -77 -99 -134 -152 -175 -210 -249 -291 -381 -332
PBIDT 6 13 12 26 34 46 54 64 74 73
Interest -1 -1 -2 -3 -2 -3 -2 -4 -4 -3
Depreciation -2 -3 -4 -7 -7 -9 -11 -13 -17 -17
Taxation -1 -3 -2 -6 -8 -12 -15 -17 -12 -13
Exceptional Items 0
PAT 2 6 4 11 16 22 26 30 41 39

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 11 -2 23 10 15 12 21 56 37 40
Cash Fr. Inv. -8 -15 -21 -4 -7 -24 -7 -30 -52 -56
Cash Fr. Finan. 1 20 -7 -4 -6 11 -12 -23 15 43
Net Change 4 3 -5 2 1 -1 2 2 0 27
Cash & Cash Eqvt 6 9 4 6 7 3 6 8 8 35

Shareholding Pattern View Details

9 Qtrs 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%)
Promoter 74.23 74.23 74.23 74.23 74.23 74.23 74.23 74.23 74.23
Public 25.77 25.77 25.77 25.77 25.77 25.77 25.77 25.77 25.77
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 30 Nov 2021
Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Pursuant to Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith disclosure of Related Party Transactions on consolidated basis for the half year ended September 2021.

This is for your information and records.
Thu, 25 Nov 2021
Board Meeting Outcome for Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that:

1. Mr. Abhijit Upadhye has resigned as Managing Director and Director to pursue other opportunities. Mr. Abhijit Upadhyes resignation will be effective from December 31 2021.

2. The Company has commenced the search for a new Managing Director. In the interim the Board has approved the appointment of Mr. Gaurav Gupta (DIN: 07529010) CFO of the Company as Additional Director and Whole Time Director with effect from January 1 2022 until the next annual general meeting of the Company subject to approval by the shareholders of the Company.

3. In view of resignation of Mr. Abhijit Upadhye the Board has approved the reconstitution of the Audit Committee Corporate Social Responsibility Committee and Risk Management Committee as set out in the Annexure we.f. January 1 2022.
Thu, 25 Nov 2021
Announcement under Regulation 30 (LODR)-Resignation of Managing Director
Mr. Abhijit Upadhye has resigned as Managing Director and Director to pursue other opportunities. Mr. Abhijit Upadhyes resignation will be effective from December 31 2021.

Technical Scans View Details

Mon, 29 Nov 2021
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Crossing Last Week Low Close Crossing Last Week Low
Opening at High Opening at High

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