Tasty Bite Eatables Ltd (TASTYBITE) AI Stock Analysis

• Market Cap: ₹26.73B
• Dividend Yield: 0.02%
• Average Volume (3M): 446.00
• Price to Earnings (P/E): 71.3
• Beta (1Y): 0.62
• Revenue Growth: 25.08%
• EPS Growth: 127.80%
• Country: IN
• Employees: 265
• Sector: Consumer Defensive
• Sector Strength: 67
• Industry: Packaged Foods
• EPS (TTM): 31.91
• Shares Outstanding: 2,566,000
• 10 Day Avg. Volume: 442
• 30 Day Avg. Volume: 446
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹11,082.00
• Price Target Upside: 7.75% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 58 Neutral
• Price Target: ₹11,082.00 ▲(7.75% Upside)

The overall stock score is primarily influenced by financial performance, which shows revenue growth but declining profitability and cash flow. Technical analysis indicates bearish momentum, and the high P/E ratio suggests overvaluation. The lack of earnings call data and corporate events limits additional insights.

Tasty Bite Eatables Ltd Business Overview & Revenue Model

Company Description

Tasty Bite Eatables Ltd (TASTYBITE) is a leading manufacturer and marketer of ready-to-eat food products, primarily focusing on the production of shelf-stable Indian and Asian cuisine. The company operates in the food and beverage industry, offering a variety of products including ready-to-eat meals, sauces, and instant noodles. These products are designed to cater to the growing demand for convenient and healthy meal options, leveraging a blend of traditional recipes and modern food technology.

How the Company Makes Money

Tasty Bite Eatables Ltd generates revenue primarily through the sale of its ready-to-eat food products across domestic and international markets. The company sells its products through multiple channels, including retail stores, online platforms, and food service partnerships. Key revenue streams include domestic sales within India and exports to markets such as the United States, where consumer demand for ethnic and convenient meal solutions is high. The company's strategic partnerships with major retailers and distributors significantly contribute to its earnings, allowing it to expand its market reach and brand presence globally. Additionally, Tasty Bite's focus on product innovation and quality helps maintain customer loyalty and drive sales growth.

Tasty Bite Eatables Ltd Financial Statement Overview

Summary

Tasty Bite Eatables Ltd shows revenue growth but faces declining profitability and cash flow constraints. The balance sheet is strong, providing a buffer against these challenges. Strategic improvements in operational efficiency and cost control are essential for future growth.

Income Statement

Tasty Bite Eatables Ltd experienced a moderate increase in revenue over the past year, with a revenue growth rate of 2.83%. The gross profit margin stands at 21.3%, indicating decent production efficiency, albeit lower than the previous year. The net profit margin significantly decreased to 4.62% from the prior year's 7.7%, reflecting increased expenses or reduced pricing power. EBIT and EBITDA margins also show a decline, pointing towards reduced profitability. Overall, while revenue is growing, profitability margins are facing pressure.

Balance Sheet

The company maintains a strong equity position with an equity ratio of 68.42%, suggesting a solid asset base funded by equity. The debt-to-equity ratio improved to 0.23, reflecting reduced leverage and a sound financial structure. Return on equity decreased to 8.22%, indicating a decline in efficiency at generating returns from shareholders' equity. The balance sheet shows stability, but there is room for improvement in returns.

Cash Flow

Operating cash flow decreased significantly, impacting free cash flow, which declined by 59.61% year-over-year. The operating cash flow to net income ratio decreased to 1.31, suggesting less robust cash generation relative to earnings. The free cash flow to net income ratio is at 0.79, indicating a drop in cash available for expansion or debt reduction. Cash flow stability is a concern, necessitating focus on enhancing cash generation efficiency.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	5.54B	5.39B	4.74B	3.71B	3.84B
Gross Profit	1.18B	1.96B	1.68B	1.19B	1.34B
EBITDA	703.67M	915.17M	752.20M	450.30M	727.65M
Net Income	256.08M	415.17M	302.10M	103.28M	393.42M
Balance Sheet
Total Assets	4.55B	4.47B	4.61B	4.31B	4.48B
Cash, Cash Equivalents and Short-Term Investments	153.87M	85.92M	134.91M	39.60M	348.19M
Total Debt	724.72M	864.44M	1.34B	1.38B	1.75B
Total Liabilities	1.44B	1.60B	2.18B	2.14B	2.41B
Stockholders Equity	3.11B	2.87B	2.43B	2.17B	2.07B
Cash Flow
Free Cash Flow	201.36M	498.82M	227.48M	214.00M	-169.96M
Operating Cash Flow	335.05M	667.84M	610.67M	649.62M	400.63M
Investing Cash Flow	-129.43M	-160.80M	-337.28M	-466.42M	-561.07M
Financing Cash Flow	-137.54M	-556.55M	-178.08M	-491.79M	431.85M

Tasty Bite Eatables Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10284.65
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TASTYBITE, the sentiment is Negative. The current price of 10284.65 is below the 20-day moving average (MA) of 10936.84, below the 50-day MA of 10904.63, and above the 200-day MA of 10123.85, indicating a neutral trend. The MACD of -132.89 indicates Positive momentum. The RSI at 35.84 is Neutral, neither overbought nor oversold. The STOCH value of 2.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TASTYBITE.

Tasty Bite Eatables Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GRMOVER	74 Outperform	₹21.95B	35.48		―	2.72%	0.82%
PARAGMILK	73 Outperform	₹26.25B	22.04		0.23%	12.04%	22.28%
GOODLUCK	65 Neutral	₹32.23B	18.71		0.59%	11.91%	10.03%
TASTYBITE	58 Neutral	₹26.73B	71.30		0.02%	25.08%	127.80%
ADFFOODS	56 Neutral	₹25.12B	35.81		0.53%	13.46%	-6.82%
Sector *	53 Neutral	C$5.41B	6.76	11.95%	3.33%	4.99%	-1.01%
DIAMONDYD	46 Neutral	₹21.32B	66.28		0.05%	2.77%	-187.53%