Tasty Bite Eatables Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 5, 2025, 9:52 am

Market Cap	2,054 Cr.
Current Price	8,004
High / Low	15,223/7,956
Stock P/E	93.5
Book Value	1,128
Dividend Yield	0.02 %
ROCE	17.1 %
ROE	16.2 %
Face Value	10.0
PEG Ratio	-8.50

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Tasty Bite Eatables Ltd

Competitors of Tasty Bite Eatables Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mishtann Foods Ltd	567 Cr.	5.26	20.8/4.28	1.64	7.38	0.02 %	88.7 %	98.7 %	1.00
Mrs Bectors Food Specialities Ltd	9,239 Cr.	1,505	2,200/1,030	64.8	182	0.22 %	25.4 %	23.2 %	10.0
Nakoda Group of Industries Ltd	45.9 Cr.	33.2	54.4/32.2		11.8	0.00 %	1.80 %	12.1 %	10.0
ICL Organic Dairy Products Ltd	23.8 Cr.	39.7	/	1,192	20.1	0.00 %	0.25 %	0.17 %	10.0
Himalaya Food International Ltd	70.1 Cr.	12.1	28.4/10.1	14.4	24.4	0.00 %	3.63 %	3.61 %	10.0
Industry Average	18,884.57 Cr	754.95		162.83	119.30	0.23%	20.85%	21.11%	6.56

All Competitor Stocks of Tasty Bite Eatables Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	74	101	119	142	105	110	154	145	133	109	85	157	179
Expenses	72	89	104	122	94	91	121	125	120	101	84	140	156
Operating Profit	2	12	14	20	11	18	33	20	13	8	2	17	23
OPM %	3%	12%	12%	14%	11%	17%	21%	14%	10%	8%	2%	11%	13%
Other Income	2	4	5	2	3	3	5	5	4	4	2	6	5
Interest	2	3	2	2	3	2	2	2	1	2	1	2	2
Depreciation	6	6	7	7	7	7	7	7	8	7	7	8	7
Profit before tax	-4	7	10	13	5	12	29	15	8	3	-5	14	18
Tax %	-23%	33%	25%	25%	27%	26%	25%	25%	25%	25%	-25%	27%	28%
Net Profit	-3	5	8	10	4	9	21	11	6	3	-4	10	13
EPS in Rs	-10.99	18.16	30.40	37.06	14.69	35.58	83.28	44.27	24.36	9.94	-14.38	39.28	50.78

Last Updated: February 28, 2025, 4:45 pm

Below is a detailed analysis of the quarterly data for Tasty Bite Eatables Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 179.00 Cr.. The value appears strong and on an upward trend. It has increased from 157.00 Cr. (Sep 2024) to 179.00 Cr., marking an increase of 22.00 Cr..
For Expenses, as of Dec 2024, the value is 156.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 140.00 Cr. (Sep 2024) to 156.00 Cr., marking an increase of 16.00 Cr..
For Operating Profit, as of Dec 2024, the value is 23.00 Cr.. The value appears strong and on an upward trend. It has increased from 17.00 Cr. (Sep 2024) to 23.00 Cr., marking an increase of 6.00 Cr..
For OPM %, as of Dec 2024, the value is 13.00%. The value appears strong and on an upward trend. It has increased from 11.00% (Sep 2024) to 13.00%, marking an increase of 2.00%.
For Other Income, as of Dec 2024, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6.00 Cr. (Sep 2024) to 5.00 Cr., marking a decrease of 1.00 Cr..
For Interest, as of Dec 2024, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 2.00 Cr..
For Depreciation, as of Dec 2024, the value is 7.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 8.00 Cr. (Sep 2024) to 7.00 Cr., marking a decrease of 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is 18.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Sep 2024) to 18.00 Cr., marking an increase of 4.00 Cr..
For Tax %, as of Dec 2024, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 27.00% (Sep 2024) to 28.00%, marking an increase of 1.00%.
For Net Profit, as of Dec 2024, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Sep 2024) to 13.00 Cr., marking an increase of 3.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 50.78. The value appears strong and on an upward trend. It has increased from 39.28 (Sep 2024) to 50.78, marking an increase of 11.50.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:40 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	112	145	167	196	252	296	337	426	385	372	476	540	530
Expenses	99	134	152	174	209	248	291	381	332	338	411	464	480
Operating Profit	13	12	15	21	43	48	46	45	54	34	65	76	49
OPM %	11%	8%	9%	11%	17%	16%	14%	11%	14%	9%	14%	14%	9%
Other Income	0	0	11	13	3	7	18	29	19	13	13	16	17
Interest	1	2	3	2	3	2	4	4	3	8	9	7	7
Depreciation	3	4	7	7	9	11	13	17	17	24	27	30	30
Profit before tax	9	6	16	25	34	41	47	53	53	14	41	56	30
Tax %	32%	31%	35%	34%	36%	36%	36%	23%	25%	29%	26%	25%
Net Profit	6	4	11	16	22	26	30	41	39	10	30	42	22
EPS in Rs	24.67	16.87	42.05	62.82	85.70	103.12	117.15	159.24	153.31	40.26	117.73	161.81	85.62
Dividend Payout %	4%	6%	2%	3%	2%	2%	2%	1%	1%	2%	2%	1%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-33.33%	175.00%	45.45%	37.50%	18.18%	15.38%	36.67%	-4.88%	-74.36%	200.00%	40.00%
Change in YoY Net Profit Growth (%)	0.00%	208.33%	-129.55%	-7.95%	-19.32%	-2.80%	21.28%	-41.54%	-69.48%	274.36%	-160.00%

Tasty Bite Eatables Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	14%
5 Years:	10%
3 Years:	12%
TTM:	-2%

Compounded Profit Growth
10 Years:	26%
5 Years:	7%
3 Years:	3%
TTM:	-54%

Stock Price CAGR
10 Years:	29%
5 Years:	-3%
3 Years:	-12%
1 Year:	-34%

Return on Equity
10 Years:	19%
5 Years:	16%
3 Years:	12%
Last Year:	16%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:38 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	3	3	3	3	3	3	3	3	3	3	3	3	3
Reserves	27	31	42	58	72	97	129	161	204	215	241	284	287
Borrowings	44	45	44	41	63	54	39	71	175	138	134	86	86
Other Liabilities	20	30	24	30	32	38	54	65	66	76	83	74	83
Total Liabilities	93	109	113	131	170	192	225	300	448	431	461	447	458
Fixed Assets	32	64	61	61	65	76	82	98	179	189	207	238	227
CWIP	12	1	0	0	9	2	10	26	42	62	54	19	21
Investments	0	0	1	2	0	0	0	0	0	0	0	0	0
Other Assets	49	45	51	68	96	113	132	175	226	180	200	190	210
Total Assets	93	109	113	131	170	192	225	300	448	431	461	447	458

Below is a detailed analysis of the balance sheet data for Tasty Bite Eatables Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 3.00 Cr..
For Reserves, as of Sep 2024, the value is ₹287.00 Cr.. The value appears strong and on an upward trend. It has increased from 284.00 Cr. (Mar 2024) to ₹287.00 Cr., marking an increase of 3.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹86.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 86.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹83.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 74.00 Cr. (Mar 2024) to ₹83.00 Cr., marking an increase of 9.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹458.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 447.00 Cr. (Mar 2024) to ₹458.00 Cr., marking an increase of 11.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹227.00 Cr.. The value appears to be declining and may need further review. It has decreased from 238.00 Cr. (Mar 2024) to ₹227.00 Cr., marking a decrease of 11.00 Cr..
For CWIP, as of Sep 2024, the value is ₹21.00 Cr.. The value appears strong and on an upward trend. It has increased from 19.00 Cr. (Mar 2024) to ₹21.00 Cr., marking an increase of 2.00 Cr..
For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹210.00 Cr.. The value appears strong and on an upward trend. It has increased from 190.00 Cr. (Mar 2024) to ₹210.00 Cr., marking an increase of 20.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹458.00 Cr.. The value appears strong and on an upward trend. It has increased from 447.00 Cr. (Mar 2024) to ₹458.00 Cr., marking an increase of 11.00 Cr..

Notably, the Reserves (287.00 Cr.) exceed the Borrowings (86.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-2	23	10	15	12	21	56	37	40	65	61	67
Cash from Investing Activity +	-15	-21	-4	-7	-24	-7	-30	-52	-56	-47	-34	-16
Cash from Financing Activity +	20	-7	-4	-6	11	-12	-23	15	43	-49	-18	-56
Net Cash Flow	3	-5	2	1	-1	2	2	-0	27	-31	10	-5

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-31.00	-33.00	-29.00	-20.00	-20.00	-6.00	7.00	-26.00	-121.00	-104.00	-69.00	-10.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	58	36	40	43	48	45	42	49	51	53	44	40
Inventory Days	56	55	48	56	69	72	87	77	104	98	106	97
Days Payable	72	92	58	58	50	55	68	62	74	91	83	58
Cash Conversion Cycle	42	-0	30	42	66	63	60	64	82	61	68	79
Working Capital Days	46	15	43	59	80	65	66	66	100	84	73	71
ROCE %	17%	11%	23%	28%	31%	30%	32%	28%	18%	6%	14%	17%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	74.23%	74.23%	74.23%	74.23%	74.23%	74.23%	74.23%	74.23%	74.23%	74.23%	74.23%	74.23%
FIIs	3.67%	3.60%	3.61%	3.56%	3.67%	3.61%	3.73%	3.77%	4.12%	4.12%	3.87%	3.79%
DIIs	0.25%	0.14%	0.97%	0.98%	0.89%	0.62%	0.48%	0.47%	0.47%	0.47%	0.48%	0.44%
Public	21.85%	22.03%	21.18%	21.24%	21.21%	21.53%	21.57%	21.50%	21.16%	21.17%	21.41%	21.52%
No. of Shareholders	16,801	17,435	17,792	17,088	16,632	15,348	13,702	13,937	13,250	14,820	22,179	21,645

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	161.80	117.73	40.25	153.32	159.24
Diluted EPS (Rs.)	161.80	117.73	40.25	153.32	159.24
Cash EPS (Rs.)	277.02	224.83	134.89	220.21	224.90
Book Value[Excl.RevalReserv]/Share (Rs.)	1116.81	948.92	846.37	805.22	635.77
Book Value[Incl.RevalReserv]/Share (Rs.)	1116.81	948.92	846.37	805.22	635.77
Dividend / Share (Rs.)	2.00	2.00	1.00	2.00	2.00
Revenue From Operations / Share (Rs.)	2105.69	1853.71	1450.08	1501.61	1659.29
PBDIT / Share (Rs.)	358.95	302.93	183.34	283.57	287.30
PBIT / Share (Rs.)	243.73	195.83	88.70	216.68	221.64
PBT / Share (Rs.)	216.45	158.87	56.41	204.89	207.93
Net Profit / Share (Rs.)	161.80	117.73	40.25	153.32	159.24
PBDIT Margin (%)	17.04	16.34	12.64	18.88	17.31
PBIT Margin (%)	11.57	10.56	6.11	14.42	13.35
PBT Margin (%)	10.27	8.57	3.89	13.64	12.53
Net Profit Margin (%)	7.68	6.35	2.77	10.21	9.59
Return on Networth / Equity (%)	14.48	12.40	4.75	19.04	25.04
Return on Capital Employeed (%)	17.13	14.96	6.99	16.98	28.59
Return On Assets (%)	9.29	6.55	2.39	8.79	13.63
Long Term Debt / Equity (X)	0.09	0.13	0.20	0.24	0.12
Total Debt / Equity (X)	0.11	0.31	0.34	0.48	0.33
Asset Turnover Ratio (%)	1.19	1.07	0.84	1.03	1.62
Current Ratio (X)	2.20	1.48	1.51	1.66	1.49
Quick Ratio (X)	1.10	0.78	0.87	1.09	0.90
Inventory Turnover Ratio (X)	3.73	4.00	3.66	3.85	5.28
Dividend Payout Ratio (NP) (%)	1.23	0.85	4.96	1.30	1.51
Dividend Payout Ratio (CP) (%)	0.72	0.44	1.48	0.90	1.07
Earning Retention Ratio (%)	98.77	99.15	95.04	98.70	98.49
Cash Earning Retention Ratio (%)	99.28	99.56	98.52	99.10	98.93
Interest Coverage Ratio (X)	13.16	8.20	5.68	24.05	20.94
Interest Coverage Ratio (Post Tax) (X)	6.93	4.19	2.25	14.01	12.61
Enterprise Value (Cr.)	3182.80	2122.44	2858.16	3757.13	2356.29
EV / Net Operating Revenue (X)	5.89	4.46	7.68	9.75	5.53
EV / EBITDA (X)	34.56	27.30	60.75	51.63	31.96
MarketCap / Net Operating Revenue (X)	5.84	4.33	7.49	9.58	5.42
Retention Ratios (%)	98.76	99.14	95.03	98.69	98.48
Price / BV (X)	11.02	8.46	12.84	17.87	14.16
Price / Net Operating Revenue (X)	5.84	4.33	7.49	9.58	5.42
EarningsYield	0.01	0.01	0.00	0.01	0.01

After reviewing the key financial ratios for Tasty Bite Eatables Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 161.80. This value is within the healthy range. It has increased from 117.73 (Mar 23) to 161.80, marking an increase of 44.07.
For Diluted EPS (Rs.), as of Mar 24, the value is 161.80. This value is within the healthy range. It has increased from 117.73 (Mar 23) to 161.80, marking an increase of 44.07.
For Cash EPS (Rs.), as of Mar 24, the value is 277.02. This value is within the healthy range. It has increased from 224.83 (Mar 23) to 277.02, marking an increase of 52.19.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 1,116.81. It has increased from 948.92 (Mar 23) to 1,116.81, marking an increase of 167.89.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 1,116.81. It has increased from 948.92 (Mar 23) to 1,116.81, marking an increase of 167.89.
For Dividend / Share (Rs.), as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 2,105.69. It has increased from 1,853.71 (Mar 23) to 2,105.69, marking an increase of 251.98.
For PBDIT / Share (Rs.), as of Mar 24, the value is 358.95. This value is within the healthy range. It has increased from 302.93 (Mar 23) to 358.95, marking an increase of 56.02.
For PBIT / Share (Rs.), as of Mar 24, the value is 243.73. This value is within the healthy range. It has increased from 195.83 (Mar 23) to 243.73, marking an increase of 47.90.
For PBT / Share (Rs.), as of Mar 24, the value is 216.45. This value is within the healthy range. It has increased from 158.87 (Mar 23) to 216.45, marking an increase of 57.58.
For Net Profit / Share (Rs.), as of Mar 24, the value is 161.80. This value is within the healthy range. It has increased from 117.73 (Mar 23) to 161.80, marking an increase of 44.07.
For PBDIT Margin (%), as of Mar 24, the value is 17.04. This value is within the healthy range. It has increased from 16.34 (Mar 23) to 17.04, marking an increase of 0.70.
For PBIT Margin (%), as of Mar 24, the value is 11.57. This value is within the healthy range. It has increased from 10.56 (Mar 23) to 11.57, marking an increase of 1.01.
For PBT Margin (%), as of Mar 24, the value is 10.27. This value is within the healthy range. It has increased from 8.57 (Mar 23) to 10.27, marking an increase of 1.70.
For Net Profit Margin (%), as of Mar 24, the value is 7.68. This value is within the healthy range. It has increased from 6.35 (Mar 23) to 7.68, marking an increase of 1.33.
For Return on Networth / Equity (%), as of Mar 24, the value is 14.48. This value is below the healthy minimum of 15. It has increased from 12.40 (Mar 23) to 14.48, marking an increase of 2.08.
For Return on Capital Employeed (%), as of Mar 24, the value is 17.13. This value is within the healthy range. It has increased from 14.96 (Mar 23) to 17.13, marking an increase of 2.17.
For Return On Assets (%), as of Mar 24, the value is 9.29. This value is within the healthy range. It has increased from 6.55 (Mar 23) to 9.29, marking an increase of 2.74.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.09. This value is below the healthy minimum of 0.2. It has decreased from 0.13 (Mar 23) to 0.09, marking a decrease of 0.04.
For Total Debt / Equity (X), as of Mar 24, the value is 0.11. This value is within the healthy range. It has decreased from 0.31 (Mar 23) to 0.11, marking a decrease of 0.20.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.19. It has increased from 1.07 (Mar 23) to 1.19, marking an increase of 0.12.
For Current Ratio (X), as of Mar 24, the value is 2.20. This value is within the healthy range. It has increased from 1.48 (Mar 23) to 2.20, marking an increase of 0.72.
For Quick Ratio (X), as of Mar 24, the value is 1.10. This value is within the healthy range. It has increased from 0.78 (Mar 23) to 1.10, marking an increase of 0.32.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.73. This value is below the healthy minimum of 4. It has decreased from 4.00 (Mar 23) to 3.73, marking a decrease of 0.27.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 1.23. This value is below the healthy minimum of 20. It has increased from 0.85 (Mar 23) to 1.23, marking an increase of 0.38.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.72. This value is below the healthy minimum of 20. It has increased from 0.44 (Mar 23) to 0.72, marking an increase of 0.28.
For Earning Retention Ratio (%), as of Mar 24, the value is 98.77. This value exceeds the healthy maximum of 70. It has decreased from 99.15 (Mar 23) to 98.77, marking a decrease of 0.38.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 99.28. This value exceeds the healthy maximum of 70. It has decreased from 99.56 (Mar 23) to 99.28, marking a decrease of 0.28.
For Interest Coverage Ratio (X), as of Mar 24, the value is 13.16. This value is within the healthy range. It has increased from 8.20 (Mar 23) to 13.16, marking an increase of 4.96.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 6.93. This value is within the healthy range. It has increased from 4.19 (Mar 23) to 6.93, marking an increase of 2.74.
For Enterprise Value (Cr.), as of Mar 24, the value is 3,182.80. It has increased from 2,122.44 (Mar 23) to 3,182.80, marking an increase of 1,060.36.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 5.89. This value exceeds the healthy maximum of 3. It has increased from 4.46 (Mar 23) to 5.89, marking an increase of 1.43.
For EV / EBITDA (X), as of Mar 24, the value is 34.56. This value exceeds the healthy maximum of 15. It has increased from 27.30 (Mar 23) to 34.56, marking an increase of 7.26.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 5.84. This value exceeds the healthy maximum of 3. It has increased from 4.33 (Mar 23) to 5.84, marking an increase of 1.51.
For Retention Ratios (%), as of Mar 24, the value is 98.76. This value exceeds the healthy maximum of 70. It has decreased from 99.14 (Mar 23) to 98.76, marking a decrease of 0.38.
For Price / BV (X), as of Mar 24, the value is 11.02. This value exceeds the healthy maximum of 3. It has increased from 8.46 (Mar 23) to 11.02, marking an increase of 2.56.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 5.84. This value exceeds the healthy maximum of 3. It has increased from 4.33 (Mar 23) to 5.84, marking an increase of 1.51.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Tasty Bite Eatables Ltd as of April 7, 2025 is: 13,671.39

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 7, 2025, Tasty Bite Eatables Ltd is Undervalued by 70.81% compared to the current share price 8,004.00

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 21.25%, which is a positive sign. The company has higher reserves (142.15 cr) compared to borrowings (78.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (325.69 cr) and profit (32.69 cr) over the years.	The stock has a high average Working Capital Days of 64.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 54.75, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Tasty Bite Eatables Ltd:
1. Net Profit Margin: 7.68%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 17.13% (Industry Average ROCE: 20.85%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 14.48% (Industry Average ROE: 21.11%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 6.93
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.1
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 93.5 (Industry average Stock P/E: 162.83)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.11
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Tasty Bite Eatables Ltd. is a Public Limited Listed company incorporated on 02/09/1985 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L15419PN1985PLC037347 and registration number is 037347. Currently Company is involved in the business activities of Manufacture of other food products. Company's Total Operating Revenue is Rs. 540.32 Cr. and Equity Capital is Rs. 2.57 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Food Processing - Bakery/Dairy/Fruits/Others	201-202, Mayfair Towers, Pune Maharashtra 411005	secretarial@tastybite.com http://www.tastybite.co.in

Management
Name	Position Held
Mr. Pradeep Poddar	Chairman(NonExe.&Ind.Director)
Mr. Dilen Gandhi	Managing Director
Mr. Sukhdev David Dusangh	Non Executive Director
Mr. Kavas Patel	Independent Director
Dr. Chengappa Ganapati	Independent Director
Ms. Rama Kannan	Independent Director

FAQ

What is the intrinsic value of Tasty Bite Eatables Ltd?

Tasty Bite Eatables Ltd's intrinsic value (as of 07 April 2025) is ₹13671.39 — 70.81% higher the current market price of 8,004.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 2,054 Cr. market cap, FY2025-2026 high/low of ₹15,223/7,956, reserves of 287 Cr, and liabilities of 458 Cr.

What is the Market Cap of Tasty Bite Eatables Ltd?

The Market Cap of Tasty Bite Eatables Ltd is 2,054 Cr..

What is the current Stock Price of Tasty Bite Eatables Ltd as on 07 April 2025?

The current stock price of Tasty Bite Eatables Ltd as on 07 April 2025 is 8,004.

What is the High / Low of Tasty Bite Eatables Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Tasty Bite Eatables Ltd stocks is ₹15,223/7,956.

What is the Stock P/E of Tasty Bite Eatables Ltd?

The Stock P/E of Tasty Bite Eatables Ltd is 93.5.

What is the Book Value of Tasty Bite Eatables Ltd?

The Book Value of Tasty Bite Eatables Ltd is 1,128.

What is the Dividend Yield of Tasty Bite Eatables Ltd?

The Dividend Yield of Tasty Bite Eatables Ltd is 0.02 %.

What is the ROCE of Tasty Bite Eatables Ltd?

The ROCE of Tasty Bite Eatables Ltd is 17.1 %.

What is the ROE of Tasty Bite Eatables Ltd?

The ROE of Tasty Bite Eatables Ltd is 16.2 %.

What is the Face Value of Tasty Bite Eatables Ltd?

The Face Value of Tasty Bite Eatables Ltd is 10.0.