Tasty Bite Eatables Ltd (TASTYBITE) AI Stock Analysis

• Market Cap: ₹17.91B
• Dividend Yield: 0.02%
• Average Volume (3M): 244.00
• Price to Earnings (P/E): 28.7
• Beta (1Y): 0.95
• Revenue Growth: 17.13%
• EPS Growth: 104.51%
• Country: IN
• Employees: 265
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 68.14
• Shares Outstanding: 2,566,000
• 10 Day Avg. Volume: 248
• 30 Day Avg. Volume: 244
• PEG Ratio: -2.21
• Price to Book (P/B): 6.96
• Price to Sales (P/S): 3.91
• P/FCF Ratio: 107.58
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹7,329.00 ▼(-5.89% Downside)
• Action: Reiterated Date: 10/25/25
• Date: Action: Reiterated 10/25/25

Tasty Bite Eatables Ltd's overall stock score is primarily influenced by its financial performance, which shows revenue growth but declining profitability and cash flow issues. The technical analysis indicates a bearish trend, and the high P/E ratio suggests overvaluation. The lack of earnings call data and corporate events means these factors do not impact the score.

Positive Factors

Strong balance sheet

A high equity ratio and low debt-to-equity indicate a conservative capital structure that provides financial flexibility and resilience. Over the next 2-6 months this strength reduces refinancing and solvency risk, supports working capital needs, and allows the company to fund capex or distribution expansion without heavy reliance on external debt.

Consistent revenue growth

Sustained top-line growth, even if moderate, reflects continued consumer demand for the company's ready-to-eat branded products and supports scale economics. Over the medium term steady revenue expansion can underpin long-term brand investments, broaden retail penetration, and provide a foundation to recover margins if cost control improves.

Decent gross margin

A gross margin above 20% signals structural production and sourcing efficiency in packaged foods, providing buffer versus input-cost volatility. Persisting this margin allows the company to absorb some cost shocks, invest in marketing or distribution, and still pursue incremental profitability improvements at the operating level over the coming months.

Negative Factors

Declining net margins

A sharp drop in net margin signals increasing cost pressure or weakening pricing power that directly reduces retained earnings and free cash. Persisting margin compression will limit the firm's ability to reinvest in growth, fund marketing or new SKUs, and erodes long-term profitability unless costs or pricing are addressed.

Weak cash generation

Substantial declines in operating cash flow and FCF weaken internal funding capacity, increasing dependence on reserves or external financing for capex and working capital. Over a multi-month horizon poor cash conversion can constrain expansion, raise liquidity risk, and reduce agility to respond to supply or demand shocks.

Lower return on equity

A falling ROE indicates the company is generating less profit per unit of shareholder equity, highlighting deteriorating capital efficiency. Persistently lower ROE can pressure investor returns and suggests the need for strategic changes—pricing, cost structure, or portfolio mix—to restore long-term shareholder value creation.

Tasty Bite Eatables Ltd Business Overview & Revenue Model

Company Description

Tasty Bite Eatables Limited manufactures and sells ready-to-eat food, and formed frozen food and specialty sauces under the Tasty Bite brand name in India and internationally. The company offers rice, Indian entrées, Asian noodles, patties, appetizers, ready meals, and gravies and pastes, as well as specialty, emulsion, and tomato based sauces; and ingredients, such as basmati rice, black lentils, brown rice, cardamom, cashew nuts, chickpeas, cloves, coconut milk, coriander, and cumin. The company was incorporated in 1985 and is based in Pune, India. Tasty Bite Eatables Limited is a subsidiary of Preferred Brands Foods (India) Private Limited.

How the Company Makes Money

Tasty Bite Eatables Ltd generates revenue primarily through the sale of its ready-to-eat meal products across multiple distribution channels, including supermarkets, grocery stores, and online platforms. Key revenue streams include direct sales to consumers, bulk orders from food service establishments, and partnerships with retailers for private label products. The company also benefits from strategic alliances with distributors and wholesalers, which enhance its market presence and reach. Additionally, Tasty Bite leverages its brand reputation and customer loyalty to drive repeat purchases, contributing to its overall earnings.

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, with a solid equity position and reduced leverage, but profitability margins and cash flow efficiency need improvement.

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	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	5.89B	5.54B	5.39B	4.74B	3.71B	3.84B
Gross Profit	1.90B	1.18B	1.96B	1.68B	1.19B	1.34B
EBITDA	863.04M	703.67M	915.17M	752.20M	450.30M	727.65M
Net Income	374.91M	256.08M	415.17M	302.10M	103.28M	393.42M
Balance Sheet
Total Assets	0.00	4.55B	4.47B	4.61B	4.31B	4.48B
Cash, Cash Equivalents and Short-Term Investments	153.48M	153.87M	85.40M	134.91M	40.40M	348.19M
Total Debt	0.00	724.72M	864.44M	1.34B	1.38B	1.75B
Total Liabilities	-3.11B	1.44B	1.60B	2.18B	2.14B	2.41B
Stockholders Equity	3.11B	3.11B	2.87B	2.43B	2.17B	2.07B
Cash Flow
Free Cash Flow	0.00	201.36M	498.82M	227.48M	214.00M	-169.96M
Operating Cash Flow	0.00	335.05M	667.84M	610.67M	649.62M	400.63M
Investing Cash Flow	0.00	-129.43M	-160.80M	-337.28M	-466.42M	-561.07M
Financing Cash Flow	0.00	-137.54M	-556.55M	-178.08M	-491.79M	431.85M

Tasty Bite Eatables Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7787.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 7787.5 is above the 20-day moving average (MA) of 7491.34, above the 50-day MA of 7478.64, and below the 200-day MA of 9141.48, indicating a bearish trend. The MACD of -129.80 indicates Positive momentum. The RSI at 36.77 is Neutral, neither overbought nor oversold. The STOCH value of 18.43 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	72 Outperform	₹29.23B	38.77	―	―	-8.29%	4.70%
GOODLUCK	69 Neutral	₹35.88B	20.71	―	0.38%	9.57%	3.24%
ADFFOODS	64 Neutral	₹20.82B	24.99	―	0.57%	6.31%	-3.89%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
PARAGMILK	61 Neutral	₹24.81B	30.64	―	0.33%	13.73%	32.07%
TASTYBITE	60 Neutral	₹17.91B	28.74	―	0.02%	17.13%	104.51%
DIAMONDYD	54 Neutral	₹23.61B	217.85	―	0.04%	1.76%	-214.88%

Tasty Bite Eatables Ltd Corporate Events

Tasty Bite Eatables Declares Postal Ballot Voting Results Under SEBI Norms

Tasty Bite Eatables Limited has reported to the stock exchanges that it has completed a postal ballot process in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has submitted the scrutinizer’s report and voting results for the resolutions circulated in the postal ballot notice dated 10 November 2025. The company disclosed that electronic voting on the resolutions was conducted between 26 November and 25 December 2025, with a specified number of shareholders on the cut-off date and participation from both promoter and public shareholders, underscoring ongoing shareholder engagement and regulatory transparency in its corporate decision-making.

Tasty Bite Eatables Announces Financial Results and Key Appointments

Tasty Bite Eatables Ltd announced its unaudited financial results for the quarter and half-year ending September 30, 2025, during a board meeting held on November 10, 2025. The company approved the appointment of Mr. Hans Bakker as a Non-Executive Non-Independent Director and M/S KPMG Assurance and Consulting Services LLP as its internal auditor. These strategic decisions are expected to enhance the company’s governance and audit processes, potentially strengthening its market position and operational efficiency.