TASTY BITE EATABLE chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 1,502.59
Dividend & Yield2.00₹ (0.02%)
Beta N/A
Market capitalization 24.37B
Operating cash flow 649.62M
ESG Scores unknown

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.

Sector: Consumer Defensive - Industry: Packaged Foods

Financial Ratios
Quick Ratio0.88
Working Capital0.19
Return On Equity0.05
Debt To Equity0.2
Fixed Asset Ratio0
Fixed Interest Cover2.75

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 126.62M 93.7M 16.7M 124.3M
Total Cashflows From Investing Activities -300.65M -516.15M -561.07M -466.42M
Net Borrowings -71.38M 188.64M 465.79M -403.67M
Total Cash From Financing Activities -233.93M 147.05M 431.85M -491.79M
Change To Operating Activities 111.37M -40.9M -99.64M 51.67M
Issuance Of Stock
Net Income 300.63M 408.62M 393.42M 103.28M
Change In Cash 20.87M -770k 271.41M -308.59M
Effect Of Exchange Rate
Total Cash From Operating Activities 555.45M 368.33M 400.63M 649.62M
Depreciation 125.94M 167.7M 170.71M 242.85M
Change To Account Receivables -21.45M -176.4M 10.94M -1.39M
Other Cashflows From Financing Activities -39.85M -36.46M -28.81M -82.99M
Change To Netincome 74.13M 57.07M -17.76M 140.81M
Capital Expenditures -302.62M -518.12M -570.59M -435.62M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 470.76M 533.54M 525.75M 144.76M
Net Income 300.63M 408.62M 393.42M 103.28M
Selling General Administrative 322.79M 374.36M 347.9M 321.93M
Gross Profit 1.46B 1.66B 1.55B 1.4B
Ebit 560.58M 538.09M 521.56M 227.61M
Operating Income 560.58M 538.09M 521.56M 227.61M
Interest Expense -43.28M -35.2M -30.25M -82.85M
Income Tax Expense 170.13M 124.92M 132.33M 41.48M
Total Revenue 3.55B 4.51B 4.01B 3.86B
Cost Of Revenue 2.09B 2.85B 2.46B 2.46B
Total Other Income ExpenseNet -89.82M -4.55M 4.19M -82.85M
Net Income From Continuing Ops 300.63M 408.62M 393.42M 103.28M
Net Income Applicable To Common Shares 300.63M 408.62M 393.42M 103.28M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 927.82M 1.37B 2.41B 2.14B
Total Stockholder Equity 1.32B 1.63B 2.07B 2.17B
Other Current Liabilities 20.54M 61.78M 63.04M 59.16M
Total Assets 2.25B 3B 4.48B 4.31B
Common Stock 25.66M 25.66M 25.66M 25.66M
Other Current Assets 51.18M 2.3M 11.85M 335.88M
Retained Earnings 1.24B 1.64B 2.03B
Treasury Stock 48.7M -42.34M 4.19M 2.15B
Cash 77.55M 76.78M 348.19M 40.33M
Total Current Liabilities 575.47M 1.01B 1.2B 1.06B
Other Stockholder Equity 48.7M -42.34M 4.19M 2.15B
Property, Plant, and Equipment 922.33M 1.25B 2.21B 2.5B
Total Current Assets 1.21B 1.5B 2B 1.59B
Net Tangible Assets 1.32B 1.63B 2.06B 2.17B
Net Receivables 537.46M 748.15M 799.53M 550.48M
Accounts Payable 384.37M 478.68M 491.42M 614.15M


Insider Transactions

Here are the insider transactions of stock shares related to TASTY BITE EATABLE:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Kagome Co., Ltd.D2017-11-02Institution- Corporation300
Kagome Co., Ltd.D2016-02-25Institution- Corporation300
Kantheti (Swapna)D2012-01-05UNREPORTED1.04k
Kantheti (Swapna)D2011-12-23UNREPORTED27.46k
Lekhya Entertainment Pvt LtdD2011-12-21Institution- Corporation27k
Kantheti (Swapna)D2011-12-20UNREPORTED49.9k
Lekhya Entertainment Pvt LtdD2011-12-20Institution- Corporation50k
Kantheti (Swapna)D2011-12-19UNREPORTED5.21k
Lekhya Entertainment Pvt LtdD2011-12-19Institution- Corporation5k
Kantheti (Swapna)D2011-11-22UNREPORTED1.63k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TASTY BITE EATABLE. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TASTY BITE EATABLE

Here is the result of two systematic investment strategies applied to TASTY BITE EATABLE. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TASTY BITE EATABLE

The following chart shows the equity curve of the two systematic investment strategies applied to TASTY BITE EATABLE:

TASTY BITE EATABLE automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 16.82% on the backtest period.

Performance at glance

Performance

16.82 %

Latent gain

2870.75 ₹

Invested capital

17071.45 ₹

Annualized return

3.99 %
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Momentum strategy results on TASTY BITE EATABLE

This is the result of two momentum investment strategies applied to TASTY BITE EATABLE. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TASTY BITE EATABLE

The following chart shows all the entries opened by the momentum investment system on TASTY BITE EATABLE:

TASTY BITE EATABLE momentum entries
  • The first momentum investment strategy would give 29.1% of return on TASTY BITE EATABLE. That represents 2247.75₹ of latent gain with 7723.35₹ of employed capital.
  • The second momentum investment strategy would give 21.4% of return on TASTY BITE EATABLE. That represents 1757.9₹ of latent gain with 8213.2₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

29.1 %

Latent gain

2247.75 ₹

Invested capital

7723.35 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

21.4 %

Latent gain

1757.9 ₹

Invested capital

8213.2 ₹

Annualized return

5.72 %

Momentum equity curve on TASTY BITE EATABLE

The following chart shows the equity curve of the two momentum strategies applied to TASTY BITE EATABLE:

TASTY BITE EATABLE momentum equity

Note: the dividends potentially given by TASTY BITE EATABLE are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TASTY BITE EATABLE

The following chart shows the employed capital evolution of the two momentum strategies on TASTY BITE EATABLE since the beginning:

TASTY BITE EATABLE

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on TASTY BITE EATABLE

Buy the dip entry openings on TASTY BITE EATABLE

TASTY BITE EATABLE

The performance achieved by the robo-advisor on TASTY BITE EATABLE is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows TASTY BITE EATABLE stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TASTY BITE EATABLE, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to TASTY BITE EATABLE

The following chart shows the result of the investment strategy applied to TASTY BITE EATABLE:

TASTY BITE EATABLE

Note: the dividends potentially given by TASTY BITE EATABLE are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TASTY BITE EATABLE

The following chart shows the employed capital evolution since the beginning of the investment strategy on TASTY BITE EATABLE:

TASTY BITE EATABLE

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TASTY BITE EATABLE

In this section, I will compare the three previous investment strategies applied to TASTY BITE EATABLE.

Equity curve comparison on TASTY BITE EATABLE

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TASTY BITE EATABLE investment strategy comparison

Employed capital comparison on TASTY BITE EATABLE

TASTY BITE EATABLE investment comparison

Performance comparison on TASTY BITE EATABLE

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 16.82% 2870.75₹ 17071.45₹ 3.99%
Momentum 1 quarter 29.1% 2247.75₹ 7723.35₹ 7.31%
Momentum 2 quarters 21.4% 1757.9₹ 8213.2₹ 5.72%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

3.99 %

Momentum 1Q

5.72 %

Momentum 2Q

5.72 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TASTY BITE EATABLE:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between TASTY BITE EATABLE and the other stocks. There may be false positives or some missing correlated stocks. If the price of TASTY BITE EATABLE does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TASTY BITE EATABLE
Country India
City Pune
Address 201-202, Mayfair Towers
Phone 91 20 3021 6000
Website www.tastybite.co.in
FullTime employees
Industry Packaged Foods
Sector Consumer Defensive
Exchange XNSE
Ticker TASTYBITE.XNSE
Market

TASTY BITE EATABLE ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown