Nirmal Bang: Mrs. Bectors Food IPO Analyst Meet Takeaways
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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).
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