Tasty Bites PPT Final
Tasty Bites PPT Final
Launched in 1996, Tasty Bite manufactures and markets over 30 different ready-to-eat Indian and pan-Asian food
products across 4 categories: entrées, rices, noodles and meal inspirations.
products require no cooking, contain no preservatives, require no refrigeration, and can be used as a main dish or
a side or entrée dish.
each and every ingredient is certified Natural and/or Organic and are GMO-free.
ORGANIC RICE
ORGANIC ENTREES
BOWLS
ALL ORGANIC ENTREES
MARKET COMPETITORS
MTR
SUN RISE
GITS
TASTY NIBBLES
FAZLANI FOODS
FINANCIAL REPORT OF TASTY BITE-
The company generated 65% of its revenue from consumer products and the rest
from food services.
Revenues came from the USA at 45%, India at 34%, and the rest of the world at
21%.
The company reported sales of Rs. 426 cr up by 26% YoY.The exports-led consumer
business reported sales of Rs. 276 cr and grew by 27% YoY while the Tasty Bite
Food Service business registered a strong growth of 26% YoY with sales of Rs. 150
cr.
The company reported an EBITDA margin of 16.2% and grew by 15% YoY. The
company’s PAT grew by 36% YoY to Rs. 41 cr.
Tasty Bite added Rs. 24 cr to its fixed assets for new capacity and infrastructure.
Material cost increased by 430 bps YoY to 62.3% of revenue mainly on account of
relatively high inflation in key input raw materials.
Net working capital in the business was reduced by 21% YoY to Rs. 50 cr.
SITES ON WHICH IT IS AVAILABLE
Walmart
Amazon
Ubuy
Ishopindia
• MTR
• KVL
• GITS
• Seeds of change