Mrs Bectors Food FY26 revenue rises 9.1% to ₹2,044 crore; files annual report
- Consolidated revenue rose 9.1% to ₹2,044 crore in FY26, crossing the ₹2,000 crore milestone for the first time
- PAT declined marginally to ₹141 crore from ₹143 crore; EBITDA margin contracted to 12.6% from 13.4%
- Bakery segment grew 14% to ₹769 crore; biscuit segment grew 6.72% to ₹1,235 crore
- Final dividend of ₹0.70 per share proposed; interim dividend of ₹0.60 per share already paid; AGM set for September 18, 2026
- New bakery facilities commissioned at Kolkata and Khopoli; exports reached 70+ countries, contributing 36% of turnover

*this image is generated using AI for illustrative purposes only.
Mrs Bectors Food Specialities Ltd filed its annual report for FY26 with stock exchanges on August 26, 2026, ahead of its 31st AGM scheduled for September 18, 2026, where shareholders will adopt audited financial statements and vote on a final dividend of ₹0.70 per share.
Consolidated revenue from operations grew 9.1% to ₹2,044 crore in FY26, crossing the ₹2,000 crore milestone for the first time. EBITDA rose 2.5% to ₹258 crore, while profit after tax edged down to ₹141 crore from ₹143 crore in FY25. Managing Director Anoop Bector described FY26 as "an inflection year" in which the company invested through adversity to emerge structurally stronger, noting that revenues are now more than 2x the FY22 level of ₹988 crore, representing a 20% revenue CAGR over four years.
Financial performance
The table below summarises consolidated key metrics across the last four fiscal years.
| Metric | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue (₹ crore) | 2,044 | 1,874 | 1,624 | 1,362 |
| EBITDA (₹ crore) | 258 | 252 | 242 | 175 |
| PAT (₹ crore) | 141 | 143 | 140 | 90 |
| EBITDA margin (%) | 12.6% | 13.4% | 14.9% | 12.9% |
| Gross profit margin (%) | 45.2% | 46.2% | 46.7% | 44.6% |
| PAT margin (%) | 6.9% | 7.6% | 8.6% | 6.6% |
On a standalone basis, revenue from operations rose 9.04% to ₹18,993.71 million in FY26 from ₹17,419.05 million in FY25. Standalone net profit was ₹1,187.82 million versus ₹1,210.29 million in the prior year, a decline of 1.86%. Consolidated net profit fell 1.64% to ₹1,408.81 million from ₹1,432.33 million. Basic and diluted earnings per share on a consolidated basis stood at ₹4.59 for FY26 versus ₹4.76 for FY25.
Segment performance
The bakery segment delivered 14% annual growth, with revenue rising to ₹769 crore in FY26 from ₹675 crore in FY25. The biscuit segment grew 6.72%, with revenue reaching ₹1,235 crore from ₹1,157 crore. The company commissioned its Kolkata bakery facility and completed a major expansion at its Khopoli (Mumbai) plant. The English Oven brand entered Hyderabad during the year. New products launched included Protein Bread under the NaturBaked portfolio and Cheesecake Jars under English Oven.
| Segment | FY26 Revenue (₹ crore) | FY25 Revenue (₹ crore) | Growth |
|---|---|---|---|
| Biscuits | 1,235 | 1,157 | 6.72% |
| Bakery | 769 | 675 | 14% |
| Total | 2,044 | 1,874 | 9.1% |
Manufacturing and capacity
The company's manufacturing footprint spans biscuit capacity of 185,880 MTPA and bakery capacity of 107,467 MTPA across nine plants in India. Key events during FY26 included the commissioning of a new biscuit line at Dhar, Madhya Pradesh with installed capacity of 21,000 metric tonnes per annum effective May 9, 2025; the commencement of commercial production at the Kolkata bakery facility on January 6, 2026, with capacity for 2,25,000 buns per day and 24,000 SKUs of bread and bakery items per day; and the start of commercial production at subsidiary Bakebest Foods Private Limited's Khopoli facility on March 31, 2026, with installed bakery capacity of 36,464 metric tonnes per annum. The company's products reach consumers in 70+ countries, and exports accounted for 36% of total turnover in FY26. Foreign exchange received from exports was ₹7,042.89 million in FY26 versus ₹6,309.10 million in FY25.
Dividend and AGM details
The board declared an interim dividend of ₹0.60 per equity share of face value ₹2 each on February 11, 2026. A final dividend of ₹0.70 per equity share is proposed, subject to shareholder approval at the AGM. The record date for dividend eligibility is September 11, 2026. The register of members will remain closed from September 12, 2026 to September 18, 2026.
| Event | Date | Time |
|---|---|---|
| Cut-off date | September 11, 2026 | - |
| E-voting start | September 15, 2026 | 9:00 am |
| E-voting end | September 17, 2026 | 5:00 pm |
| AGM date | September 18, 2026 | 11:00 am |
Dividends are taxable in the hands of shareholders under the Income-tax Act, 2025. TDS will be deducted at 10% for resident shareholders with valid PAN and 20% for those without. Non-resident shareholders are subject to withholding tax as per applicable Double Tax Avoidance Agreements.
Credit ratings and board reappointment
CRISIL assigned a rating of AA-/Positive for long-term borrowings and CRISIL A1+ for short-term borrowings. ICRA reaffirmed AA/Stable for long-term borrowings and ICRA A1+ for short-term borrowings. The AGM will also consider the reappointment of Ishaan Bector, Whole-time Director heading the breads business, who retires by rotation and offers himself for re-appointment.
Return on equity
Return on equity declined to 10.48% in FY26 from 14.21% in FY25, a variance of 26.24%, primarily due to the issuance of equity share capital in the prior year through a Qualified Institutional Placement of ₹4,000 million.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE495P01020/b7742162-2857-41cb-a16a-f5c469369936.pdf
Historical Stock Returns for Mrs. Bectors Food
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.10% | -9.57% | +15.24% | +12.34% | -13.72% | +201.88% |
How will the recent capacity expansions in Kolkata and Khopoli impact Mrs Bectors' EBITDA margins, which have contracted from 14.9% in FY24 to 12.6% in FY26?
What is the strategic outlook for the high-growth bakery segment to sustain its 14% annual growth rate amidst increasing competition and rising raw material costs?
Given the 36% export turnover, how might fluctuations in global currency exchange rates and international trade policies affect the company's future revenue stability?

































