Mrs Bectors Food IPO review: Play on large opportunity in biscuits, QSR

Topics Mrs Bectors | IPOs | QSR

A small player in the Rs 45,000 crore domestic packaged food industry, Mrs Bectors Food is seen gaining from the large opportunity in the biscuits and high-margin bread and institutional buns businesses. Analysts believe the company is well positioned to scale up its operations and expand its footprint in other parts of the country as the industry is seen growing at a compounded annual growth rate of 9 per cent over the next 5 years. To tap into this growth, the company has invested Rs 260 crore in the last two and a half years towards various greenfield and brownfield expansion projects.....

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