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Nirmal Bang: Mrs. Bectors Food IPO Analyst Meet Takeaways

Nirmal Bang: Mrs. Bectors Food IPO Analyst Meet Takeaways

A Cremica staff inspects biscuit on a conveyer belt (image: Company website)
A Cremica staff inspects biscuit on a conveyer belt (image: Company website)

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Nirmal Bang Report

Mrs. Bector’s Food Specialities Ltd. is in the business of manufacturing and marketing a range of biscuits (including cookies, creams, crackers, digestives and glucose) and bakery products in savory and sweet categories (including breads, buns, pizza bases and cakes) to its retail and institutional clients.

Operations are divided into -

1. Biscuits – domestic (37% of FY20 revenue),

2. Biscuits – exports (22% of FY20 revenue),

3. Branded breads and bakery products (17% of FY20 revenue),

4. Institutional Bakery (17% of FY20 revenue) and

5. Others - Contract manufacturing (6% of FY20 revenue).

Click on the attachment to read the full report:

Nirmal Bang Mrs. Bectors Foods IPO Update 11 December 2020.pdf

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