Why is Tasty Bite Eatables Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -3.40% of over the last 5 years
2
Flat results in Mar 26
- PAT(Q) At Rs 6.01 cr has Fallen at -32.9% (vs previous 4Q average)
- NET SALES(Q) Lowest at Rs 117.70 cr
- NON-OPERATING INCOME(Q) is 77.89 % of Profit Before Tax (PBT)
3
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -23.40% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Tasty Bite Eat. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Tasty Bite Eat.
-23.86%
-0.68
34.42%
Sensex
-5.94%
-0.43
13.24%
Quality key factors
Factor
Value
Sales Growth (5y)
7.32%
EBIT Growth (5y)
-3.40%
EBIT to Interest (avg)
4.05
Debt to EBITDA (avg)
1.91
Net Debt to Equity (avg)
0.06
Sales to Capital Employed (avg)
1.32
Tax Ratio
25.76%
Dividend Payout Ratio
2.00%
Pledged Shares
0
Institutional Holding
4.12%
ROCE (avg)
8.21%
ROE (avg)
10.06%
Valuation Key Factors 
Factor
Value
P/E Ratio
59
Industry P/E
64
Price to Book Value
6.15
EV to EBIT
68.93
EV to EBITDA
34.35
EV to Capital Employed
5.86
EV to Sales
3.87
PEG Ratio
1.51
Dividend Yield
0.02%
ROCE (Latest)
8.50%
ROE (Latest)
10.42%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Bullish
Bullish
Technical Movement
4What is working for the Company
PAT(Latest six months)
At Rs 23.84 cr has Grown at 24.02%
DEBT-EQUITY RATIO(HY)
Lowest at 0.14 times
-7What is not working for the Company
PAT(Q)
At Rs 6.01 cr has Fallen at -32.9% (vs previous 4Q average
NET SALES(Q)
Lowest at Rs 117.70 cr
NON-OPERATING INCOME(Q)
is 77.89 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Tasty Bite Eat.
Debt-Equity Ratio - Half Yearly
Lowest at 0.14 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Tasty Bite Eat.
Profit After Tax (PAT) - Quarterly
At Rs 6.01 cr has Fallen at -32.9% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 8.96 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 117.70 cr has Fallen at -16.6% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 141.18 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 117.70 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Non Operating Income - Quarterly
is 77.89 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT






