Mrs. Bectors Food - Highly Scalable Business Model: HDFC Securities Retail Research Initiates Coverage
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HDFC Securities Retail Research Report
Mrs. Bectors Food Specialties Ltd. is one of the leading companies in the premium and mid-premium biscuits along with being the largest biscuits exporter from India.
It manufactures and markets a range of its biscuits under flagship brand ‘Mrs. Bector’s Cremica’.
Its bakery brand, ‘English Oven’, is the fastest growing premium bakery brand in India.
While the benefits of revamped strategy in biscuit segment for its international market is likely to continue going forward, domestic market also presents steady growth potential for mid and premium segment of biscuit industry.
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