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Tasty Bite Eatables Ltd Fundamentals

Market Cap
₹ 2747.44 Cr
P/E Ratio (TTM)
57.12
P/B Ratio
9.87
Debt to Equity
0.59
ROE
13.12
EPS (TTM)
187.44
Dividend Yield
0.02 %
Book Value
1,084.50

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Tasty Bite Eatables Ltd Financials

Tasty Bite Eatables Ltd Financials

Tasty Bite Eatables Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 74.23 % 74.23 % 74.23 % 74.23 %
Retail 17.42 % 17.31 % 17.08 % 17.18 %
Others 4.23 % 4.69 % 4.96 % 4.98 %
FII 4.12 % 3.77 % 3.73 % 3.61 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

74.23%

Retail

17.42%

Others

4.23%

FII

4.12%

Mutual Funds

0.00%

Promoters

74.23%

Retail

17.31%

Others

4.69%

FII

3.77%

Mutual Funds

0.00%

Promoters

74.23%

Retail

17.08%

Others

4.96%

FII

3.73%

Mutual Funds

0.00%

Promoters

74.23%

Retail

17.18%

Others

4.98%

FII

3.61%

Mutual Funds

0.00%

Resistance and Support

₹10,771.85

PIVOT

resistance-arrow
Resistance
First Resistance₹10,891.150
Second Resistance₹11,079.300
Third Resistance₹11,198.600
support-arrow
Support
First Support₹10,583.700
Second Support₹10,464.400
Third Support₹10,276.250

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day3,5502,24266.45
Week3,3741,16529.75
1 Month3,37494929.75
6 Months309,348138,91450.91

About Tasty Bite Eatables Ltd

Tasty Bite Eatables Limited, incorporated in the year 1985, mainly manufactures and markets Tasty Bite, a range of shelf stable, all-natural and ready-to-serve (RTS) ethnic food products. The Company operates in a single segment, the Prepared Foods. Tasty Bite factory has a capacity to manufacture over 300,000 meals per day on a two shift basis in addition to manufacturing prepared frozen formed products. In India, it develops and manufactures a range of products for institutional users, such as hotels, quick-service restaurants and other retail and corporate customers . Tasty Bite's manufacturing capabilities cover a range of convenient, shelf-stable and frozen foods. It is a pioneer in introducing retort technology for Indian food in the world. It manufactures the products in a world-class, versatile manufacturing facility located about 50 Km away from Pune, India, on Pune Solapur Road. With the use of a uniquely designed multi-layer retort pouch, Tasty Bite products remain fresh for 18 months. The company's manufacturing facility is the largest and highest quality of its kind in India, located outside the city of Pune, in one of India's richest agricultural regions. Their focus on quality is unrelenting. Their factory is ISO-9001-2000, HACCP (Hazard Analysis and Critical Control Points), ISO14001 (Environmental Management), ISO 22000 (Integrated Food Safety) and FDA audited. Tasty Bite also has a farm that it uses to grow a variety of vegetables that are used in its products. Every Pack of Tasty Bite that is picked up in the market probably begins its long journey at our farm in India. Farm-fresh, hand-picked and expertly prepared by our fine chefs, each meal represents the delightful flavors and variety of Indian and Thai cuisines. During the fiscal year ended March 31, 2010 (fiscal 2010), the Company produced 7,382 million tons of RTS foods. During fiscal 2010, TBEL had an installed capacity of 9,800 million tons of RTS foods. The Company's factory is located in Pune, Maharashtra. The Company launched ready-to-eat Asian noodle products in supermarkets in the United States in 2012-13. In 2015, Japanese food major Kagome Co. Ltd. acquired a major stake in Preferred Brands International Inc (PBI) and Kagome became a part of Promoter/ Promoter group with effect from February 17, 2016. In 2016-17, Company launched two new categories including Hot & Spicy entrees and Spice-n-Simmer sauces.

Managing Director

1985

Founded

NA

NSE Symbol

TASTYBITE

Tasty Bite Eatables Ltd Management

NameDesignation
Kavas PatelIndependent Director
Rama KannanIndependent Director
Chengappa GanapatiIndependent Director
Sukhdev DavidDirector
Emmanuelle OrthDirector
Rajendra JadhavWhole-time Director
Pradeep PoddarChairman & Independent Directo
Vimal TankCompany Sec. & Compli. Officer

Tasty Bite Eatables Ltd News

Tasty Bite Eatables to hold AGM
On 8 August 2024
Tasty Bite Eatables standalone net profit declines 72.07% in the March 2024 quarter
Sales decline 0.70% to Rs 108.53 crore
Board of Tasty Bite Eatables recommends final dividend
Of Rs 2 per share
Tasty Bite Eatables to discuss results
On 17 May 2024
Tasty Bite Eatables standalone net profit rises 65.78% in the December 2023 quarter
Sales rise 25.84% to Rs 132.38 crore
Tasty Bite Eatables to discuss results
On 13 February 2024
Tasty Bite Eatables Ltd Slips 3.68%
Tasty Bite Eatables Ltd has lost 3.17% over last one month compared to 0.93% gain in S&P BSE FMCG Sector index and 1.79% drop in the SENSEX
Tasty Bite Eatables standalone net profit rises 19.45% in the September 2023 quarter
Sales rise 2.20% to Rs 144.73 crore
Tasty Bite Eatables to hold board meeting
On 8 November 2023
Tasty Bite hits the roof after Q1 PAT leaps to Rs 21 cr
Tasty Bite Eatables was locked in an upper circuit of 20% at Rs 17,293.70 after the company's standalone net profit zoomed 173.88% to Rs 21.37 crore in Q1 FY24 as against Rs 7.80 crore posted in Q1 FY23.

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Tasty Bite Eatables Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Tasty Bite Eatables Ltd shares in BlinkX

Tasty Bite Eatables Ltd's P/E ratio is 57.12 times as of May 18, 2024 at 01:44 PM.

Tasty Bite Eatables Ltd's most recent financial reports indicate a price-to-book ratio of 9.87, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Tasty Bite Eatables Ltd's market is 2,747 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Tasty Bite Eatables Ltd show a 13.12% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Tasty Bite Eatables Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Tasty Bite Eatables Ltd stands at 74.23%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 3.77% to 4.12%.