Rohan Profile picture
Disclosure : 1. Tweets are opinions, not recommendations 2. Puppers are life

May 14, 2021, 8 tweets

Tasty Bites : 50% 🚀 since last mention 5M ago

Fundamentals always precede technical breakouts. Gotta catch em young when the fundamentals are improving & the momentum traders are still clueless.

Fundamentals :

35% CAGR in EPS in the last 5 years.

Tasty Bite grew 28% over last year by adding a record INR 1 billion to end the year with INR 4.55 billion in net revenues.

Profits after tax grew even faster (36%) at INR 409 million representing 9% of revenues.

Tasty Bites launched 250+ new products in the last 5 years.

The uninterrupted growth in both exports (27%) and the domestic business (26%) continued through this year as well.

In the consumer business both branded (17%) and private label (62%) saw healthy growth.

The company has only 275 employees with an attrition rate of just 2.9%, which represents very high ROI/per employee.

Tasty Bite's promoter is the US based company, Mars (the same one that makes Snickers, M&M, and Twix chocolates.)

Mars is a massive global brand. Tasty Bite is a stealth largecap pretending to be a smallcap. It will take full advantage of Mars' supply chain for inorganic growth.

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling