Confident Investing Starts With TipRanks Premium

Get 55% Off
TipRanks
Go Ultimate55% OFF

Tasty Bite Eatables Ltd (TASTYBITE) AI Stock Analysis

IN:TASTYBITE

Tasty Bite Eatables Ltd

(NSE:TASTYBITE)

Select Model
Rating:72Outperform
Price Target:INR 10,501.00▲(8.01% Upside)
Action:upgraded
Date:08/04/26

The overall score of 72 is primarily driven by strong technical momentum and a highly resilient balance sheet characterized by low leverage and excellent cash flow generation. These strengths are partially offset by the stock's premium valuation multiple and recent top-line revenue contraction, which elevate the fundamental risk profile.

Positive Factors
Improved Leverage / Balance SheetMeaningful deleveraging through FY2026 strengthens financial flexibility, lowering interest burden and raising capacity for capex, dividend or opportunistic M&A. A stronger balance sheet supports resilience through demand cycles and reduces refinancing risk over the medium term.
Negative Factors
Margin CompressionSustained margin erosion reduces internal funding for growth, weakens return on capital, and increases sensitivity to cost inflation. If pricing mix or input-cost pressures persist, margin recovery may be slow, constraining profitability and long-term return metrics.

Tasty Bite Eatables Ltd (TASTYBITE) vs. iShares MSCI India ETF (INDA)

-30%-20%-10%0%10%20%IN:TASTYBITE+8.92%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 22.71B
Dividend Yield
0.10%
Average Volume (3M)
500
Price to Earnings (P/E)
69.5
Beta (1Y)
1.02
Revenue Growth
-1.17%
EPS Growth
-4.11%
Country
India
Employees
280
Sector
General
Sector Strength
55
Industry
Packaged Foods

Tasty Bite Eatables Ltd Business Overview & Revenue Model

Company Description

Tasty Bite Eatables Limited manufactures and sells prepared foods in India and internationally. The company offers ready-to-eat entrées, organic rice and whole grains, simmer sauces, frozen formed foods, and gourmet sauces, protein bowls, base gravie...

How the Company Makes Money

Tasty Bite Eatables Ltd primarily makes money by manufacturing and selling packaged convenience food products under its brand portfolio. Revenue is generated mainly from (1) sales of ready-to-eat products (e.g., shelf-stable meal items such as Indian...

Tasty Bite Eatables Ltd Financial Statement Overview

Summary

Anchored by a fortress-like balance sheet with aggressive debt reduction (D/E of 0.12) and robust free cash flow generation. These strengths effectively offset recent top-line revenue contractions and historical margin compression.

Income Statement

55Neutral

Balance Sheet

88Very Positive

Cash Flow

78Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue5.83B5.49B5.54B5.39B4.74B3.71B
Gross Profit1.53B1.24B1.18B1.96B1.68B1.19B
EBITDA729.79M843.43M703.67M915.17M752.20M450.30M
Net Income359.52M353.02M256.08M415.17M302.10M103.28M
Balance Sheet
Total Assets04.75B4.55B4.47B4.61B4.31B
Cash, Cash Equivalents and Short-Term Investments273.02M273.34M153.87M85.40M134.91M40.40M
Total Debt0419.09M724.72M864.44M1.34B1.38B
Total Liabilities-3.42B1.33B1.44B1.60B2.18B2.14B
Stockholders Equity3.42B3.42B3.11B2.87B2.43B2.17B
Cash Flow
Free Cash Flow525.21M504.56M201.36M498.82M227.48M214.00M
Operating Cash Flow583.01M588.52M335.05M667.84M610.67M649.62M
Investing Cash Flow-50.33M-83.96M-129.43M-160.80M-337.28M-466.42M
Financing Cash Flow-108.52M-385.02M-137.54M-556.55M-178.08M-491.79M

Tasty Bite Eatables Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:TASTYBITE against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:TASTYBITEIN:TASTYBITE72OutperformINR 24.95B69.47―0.10%-1.17%-4.11%
IN:ADFFOODSIN:ADFFOODS67NeutralINR 25.57B28.12―0.52%19.44%31.16%
IN:NESTLEINDIN:NESTLEIND64NeutralINR 2.26T55.18―1.02%21.68%38.17%
IN:TATACONSUMIN:TATACONSUM64NeutralINR 1.01T59.71―0.98%14.68%24.77%
IN:BIKAJIIN:BIKAJI62NeutralINR 113.27B43.78―0.28%13.81%27.77%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:PATANJALIIN:PATANJALI54NeutralINR 399.96B20.14―1.76%19.32%61.42%

* General Sector Average

Performance Comparison

-40%-20%0%20%40%IN:TASTYBITEIN:ADFFOODSIN:BIKAJIIN:NESTLEINDIN:PATANJALIIN:TATACONSUMDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:TASTYBITE and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:TASTYBITETasty Bite Eatables Ltd9722.25796.378.92%
IN:ADFFOODSADF Foods Limited232.7513.336.07%
IN:BIKAJIBikaji Foods International Ltd.451.75-272.93-37.66%
IN:NESTLEINDNestle India Ltd.1170.00-85.50-6.81%
IN:PATANJALIPatanjali Foods Limited367.60-204.03-35.69%
IN:TATACONSUMTata Consumer Products Limited1024.80-164.64-13.84%

Tasty Bite Eatables Ltd Corporate Events

Tasty Bite Sets Record Date and AGM Schedule for Final Dividend

Jul 29, 2026

Tasty Bite Eatables Limited has scheduled its 42nd Annual General Meeting for 13 August 2026 at 11:00 a.m. IST, to be held via video conferencing and other audio-visual means. The meeting will consider, among other standard AGM matters, the Board&#82...

Tasty Bite Sets August Virtual AGM, Proposes Dividend and Governance Changes

Jul 22, 2026

Tasty Bite Eatables Limited has called its 42nd Annual General Meeting for 13 August 2026, to be held via video conferencing, where shareholders will consider the audited financial statements for FY 2025-26 and a proposed dividend of INR 10 per equit...

Tasty Bite Files Business Responsibility and Sustainability Report for FY 2025-26

Jul 22, 2026

Tasty Bite Eatables Limited has submitted its Business Responsibility and Sustainability Report for the 2025-26 financial year, aligning its disclosures with Regulation 34 of the SEBI Listing Obligations and Disclosure Requirements. The BRSR forms pa...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 04, 2026