Tasty Bite Eat. (TASTYBITE)
TurnaroundFairStock Score: 24/100 — RISKY
Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹10,005 |
| Market Cap | ₹2,567.28 Cr |
| P/E Ratio | 72.46 |
| ROCE | 10.74% |
| ROE | 12.26% |
| Dividend Yield | 0.1% |
| Profit Growth | 7.94% |
| Debt/Equity | 0.12 |
| Sales Growth | 29.08% |
| Promoter Holding | 74.23% |
| 52-Week Range | ₹6,430 — ₹10,544 |
| Sector | Food Products |
| Book Value | ₹1,242.24 |
Strengths
- Low debt: Debt/Equity of 0.21 provides financial flexibility.
- High promoter holding of 74.23% aligns management with minority shareholders.
- Latest quarter is profitable: ₹177 Cr sales and ₹17 Cr net profit.
- Piotroski F-score of 6/9 indicates reasonable financial health.
Concerns
- Top line is shrinking: sales growth is -0.95%, so earnings growth may lack durability.
- Expensive valuation: P/E of 51.57 and P/B of 6.22 leave little margin of safety.
- Moderate returns: ROE of 12.26% and ROCE of 10.74% do not justify a rich multiple.
- Dividend yield of 0.03% is negligible, and FairStock Score of 24/100 flags risk.
AI Analysis
When I look at Tasty Bite, I see a packaged-foods company with some comforting traits and one big problem: price. I like the balance sheet—debt/equity of just 0.21, and promoters holding 74.23%. Those shareholders have skin in the game. The latest quarter shows ₹177 Cr of sales and ₹17 Cr of net profit; that is a reasonable margin. Piotroski F-score of 6/9 suggests no acute distress. But Graham taught me to judge a business by its return on capital and its growth, not hope. Revenue has fallen 0.95%, yet profit has jumped 36.76%. That divergence is a red flag: earnings growth without revenue support is often margin expansion, cost cutting, or a one-time item. It is not the steady compounding I want. ROE is 12.26% and ROCE is 10.74%—decent, but not exceptional. At ₹7,053, I am asked to pay 51.57 times earnings and 6.22 times book value. For a company earning 12% on equity, paying six times book is a rich price. The dividend yield of 0.03% means I get no cash while I wait. The stock is near the bottom of its 52-week range, between ₹6,430 and ₹10,482.90, so it has corrected sharply. Yet a declining price does not automatically create value; I need a margin of safety. FairStock Score of 24/100 reminds me this is risky. The PEG of 1.40 justifies the multiple only if profit growth continues, but with sales flat, I cannot rely on that. In my book, this is a possible turnaround or fast grower in the making, but not a value investment at this price. I will keep watching, not buying.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer