About Mrs. Bectors Food Specialities Limited

Mrs. Bectors Food Specialities Limited (MBFSL), incorporated in 1995, manufactures and sells biscuits and bakery products under well-known brands, with domestic distribution via 12 depots, 2,056 distributors, 10,168 CPOs, and reach to approximately 7.76 lakh retail outlets including 3.17 lakh exclusive outlets; it also exports to 75 countries and serves institutions, CSD, modern trade, QSR chains, and franchises worldwide. MBFSL operates plants in Phillaur, Tahliwal, Rajpura, Greater Noida, Bengaluru, Bhiwadi, and Dhar (with the Dhar biscuit plant commencing commercial production in May 2025), and consolidates a Khopoli bakery facility through wholly owned subsidiary Bakebest Foods Pvt. Ltd.. The company’s consolidated structure comprises three wholly owned subsidiaries—Bakebest Foods Private Limited, Mrs Bectors English Oven Limited, and Mrs. Bectors Food International FZE—and one associate, Cremica Agro Foods Limited, reflecting a focused portfolio across biscuits and bakery formats for domestic and international markets. In FY 2024-2025, exports contributed 36% of total turnover, highlighting a strong international footprint alongside national coverage across 24 states and 6 union territories; credit ratings during 2024-2025/2025 were CRISIL AA- (Positive)/A1 and ICRA AA (Stable)/A1 on bank facilities. Key milestones in the latest year include a Qualified Institutional Placement of Rs 400.00 crore for debt repayment and growth projects, identification of Bakebest as a material subsidiary, and commissioning of the Dhar biscuit plant with 21,000 MTPA capacity in May 2025, while the company maintained compliance with SEBI Listing Regulations and received unmodified statutory and secretarial audit reports for FY 2024-2025.

Mrs. Bectors Food Specialities Limited Business Segment

• MBFSL’s main activity is biscuits and bakery products (NIC 1071), contributing 100% of turnover as disclosed; product formats span biscuits, breads, buns, kulcha, rusk, and specialty bakery, with distribution across India and exports to 75 countries, and customers including institutions and QSRs; exports formed 36% of turnover in FY 2024-2025.

• Geographic split (if disclosed): The report states exports at 36% of total turnover for FY 2024-2025; domestic share implies 64%;

Mrs. Bectors Food Specialities Limited Key Management

• Ashish Agarwal — Chairman and Independent Director.

• Anoop Bector — Managing Director.

• Manu Talwar — Chief Executive Officer.

• Ishaan Bector — Whole-time Director.

• Suvir Bector — Whole-time Director.

• Parveen Kumar Goel — Whole-time Director and Chief Financial Officer (appointed CFO w.e.f. May 29, 2025).

• Rajiv Dewan — Independent Director.

• Pooja Luthra — Independent Director.

• Dinesh Kumar Sindhwani — Independent Director.

• Atul Sud — Compliance Officer and Company Secretary.

Latest Updates on Mrs. Bectors Food Specialities Limited

• Raised Rs 400.00 crore via Qualified Institutional Placement in FY 2024-2025; funds allocated towards debt prepayment, Khopoli expansion via Bakebest, Madhya Pradesh project, issue expenses, and general corporate purposes under a monitored utilisation framework.

• Dhar, Madhya Pradesh biscuit plant commenced commercial production in May 2025 with 21,000 MTPA installed capacity, enhancing manufacturing footprint and product capability including crackers with seasoning sprinkling facility.

• Bakebest Foods Private Limited identified as a material subsidiary as its net worth exceeded 10% of the consolidated net worth; continued progress on Khopoli expansion with QIP proceeds earmarked through the subsidiary.

• Product and R&D launches in FY 2024-2025 included Milkyz biscuits, Cremelo cookies, Zero Maida Bread, Zero Maida Coconut Cookies, Atta Kulcha, Millet Cookies, and Rusk under English Oven; sustainability packaging pilots included recyclable mono-material laminates and lightweighting initiatives.

• Credit ratings updated: CRISIL AA- (Positive)/A1 and ICRA AA (Stable)/A1 on bank facilities in 2024–2025; listing compliance maintained with unmodified statutory and secretarial audit reports for FY 2024-2025.

• CSR long-term project approved to establish a school under Mrs. Bector Foundation over three financial years with total investment of Rs 7.50 crore (company and Bakebest as funding partners), with unspent CSR transferred to a dedicated account as per Section 135.