Tasty Bite Eatables LimitedQ1 FY27 Results & Financial Update
Tasty Bite Eatables Limited: Q1 FY27 standalone results and company financials – revenue ₹155.76 Cr, PAT ₹8.84 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Tasty Bite Eatables price & chart
Quarter overview
Quarterly earnings analysis
Tasty Bite Eatables Limited commenced financial year 2027 with robust top-line momentum, reporting total income of INR 161.64 crore for the quarter ended 30 June 2026, supported by strong revenue recovery across its affiliate and third-party segments.
s in the investor presentation, total revenue reached INR 1,616 million, representing a 29% year-on-year increase compared to INR 1,252 million in Q1 FY26, and a 30% sequential increase over Q4 FY26.
Profit after tax for the quarter stood at INR 8.839 crore (INR 88 million), which translates to an 8% year-on-year increase and a 47% sequential rise from INR 60 million reported in the preceding quarter.
The disparity between strong top-line expansion and modest year-on-year profit growth was attributed by management to continued strategic investments in building the Cheffin brand and expanding the HoReCa business, alongside external inflationary cost pressures.
Geopolitical developments, notably the Middle East crisis, created cost headwinds across raw and packing materials as well as logistics, impacting operating margins during the quarter.
The Food Service business marked its 11th consecutive positive quarter, reflecting resilient demand across Quick Service Restaurants (QSRs), cloud kitchens, and HoReCa partners.
Earnings per share (EPS) for the standalone quarter stood at INR 34.45, compared to INR 31.91 in the corresponding quarter of the previous year.
01 · Business model
What does Tasty Bite Eatables do?
Tasty Bite Eatables Limited operates as a specialized prepared foods company serving retail and foodservice customers across global markets, with an established presence spanning more than 20 countries.
The company's operational platform is structured across key segments including the Affiliate Business (encompassing PBI and MARS affiliates), the Tasty Bite Food Service Business supplying QSRs, HoReCa, and institutional clients, and newer direct-to-consumer/B2B pillars such as Cheffin and Tasty Bite Xclusive.
Manufacturing operations are anchored by an integrated facility located in Pune, Maharashtra, featuring an installed capacity of over 59,000 metric tonnes, supported by custom R&D and a 100% vegetarian product portfolio.
The business model leverages a balanced mix of retail distribution, supermarket relationships, modern trade, general trade, e-commerce, and quick-commerce channels to distribute over 400 SKUs.
02 · Historical context
What shaped the business before this quarter
During FY25-26, overall revenue remained largely flat as the PBI affiliate business experienced significant declines due to adverse macroeconomic conditions and US tariff-related challenges.
The company launched its B2C brand Cheffin on Amazon in August 2025 to develop consumer insights and subsequently expanded into quick commerce through Zepto in March 2026.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹155.76 Cr |
| Total income | ₹161.64 Cr |
| Profit before tax | ₹11.92 Cr |
| Profit after tax | ₹8.84 Cr |
| EPS | ₹34.45 |
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Total Affiliate revenue grew 46% year-on-year to INR 768 million in Q1 FY27, driven by a 14% rise in PBI Affiliates (INR 461 million) and a 150% surge in MARS Affiliates (INR 306 million), reversing previous-year declines.
Total Third Party revenue expanded 15% year-on-year to INR 786 million, led by a 39% increase in Premier Foods revenue (INR 287 million) and a 4% increase in Food Service revenue (INR 496 million).
Other income for the quarter stood at INR 5.885 crore (INR 63 million in presentation figures), marking a 44% year-on-year increase from INR 44 million in Q1 FY26.
What drove margins
Geopolitical tensions including the Middle East crisis elevated costs across raw materials, packaging, and logistics, restricting the pace of profit growth.
Management consciously deployed resources toward brand building, market development, distribution, digital capabilities, and customer acquisition for the Cheffin and HoReCa segments, impacting near-term margin conversion.
05 · Demand, customers & order book
Where demand is coming from
The company serves over 1,000 active clients globally, supported by a network of over 170 active suppliers and a presence across 20+ countries.
06 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The affiliate business comprises ready-to-eat and ready-to-cook meals with over 100 SKUs and a 100% gluten-free portfolio distributed via supermarkets, modern trade, general trade, and e-commerce.
Supplies gourmet sauces, meals, and frozen products to over 50 QSR clients, cloud kitchens, and HoReCa customers across 215+ SKUs, including burger patties, pizza sauces, gravies, paneer, and formed frozen products.
Geography and market mix
Domestic sales in India accounted for 68.8% of the business mix, while international markets across North America, Europe, the Middle East, Asia, Africa, and Oceania (Rest of the World) accounted for 31.2%.
07 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
The company operates an integrated manufacturing facility in Pune, Maharashtra, with an installed capacity exceeding 59,000 metric tonnes, holding FSSC 22000 and ISO 14001 certifications.
08 · Strategy & new businesses
How the company is trying to change its growth mix
Cheffin, the company's B2C brand featuring 3-step cooking kits, continued its expansion across e-commerce (Amazon) and quick-commerce platforms (Zepto) to capture India's growing convenience food market.
Maintains a dedicated B2B foodservice brand offering freezer-to-fryer and sauce portfolios tailored with portion control and zero-wastage benefits for QSRs and cafés.
09 · Reported developments
What changed operationally
Achieved a 29% year-on-year revenue increase to INR 1,616 million, driven by a strong turnaround in the Affiliates business and sustained third-party momentum.
Reported 75% renewable energy adoption at its manufacturing plant, 100% waste converted to energy, and 108 million litres of water recycled.
10 · Pressure points & risks
What is not going smoothly
External supply chain and logistics cost pressures arising from the Middle East crisis restricted margin expansion despite robust revenue growth.
11 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Capital allocation & funding
Management highlighted the company's debt-free status and strong cash position as key financial flexibility enablers to support future growth initiatives.
12 · Beyond the numbers
What changed beyond the numbers
Community engagement and CSR
Incurred INR 9.07 million in CSR expenditure during the period, focusing on water conservation (benefiting 140+ farmers), clean energy for learning, Victoria Lake rejuvenation, and digital education infrastructure.
13 · Previous-quarter changes
What changed since the previous quarter
Total revenue rose 30% sequentially from INR 1,240 million in Q4 FY26 to INR 1,616 million in Q1 FY27, while PAT grew 47% from INR 60 million to INR 88 million.
14 · Key Q&A
The quarter, answered directly
What does Tasty Bite Eatables do?
Tasty Bite Eatables Limited operates as a specialized prepared foods company serving retail and foodservice customers across global markets, with an established presence spanning more than 20 countries.
What is the clearest takeaway from Q1 FY27?
Tasty Bite Eatables Limited commenced financial year 2027 with robust top-line momentum, reporting total income of INR 161.64 crore for the quarter ended 30 June 2026, supported by strong revenue recovery across its affiliate and third-party segments.
What drove revenue or demand?
Total Affiliate revenue grew 46% year-on-year to INR 768 million in Q1 FY27, driven by a 14% rise in PBI Affiliates (INR 461 million) and a 150% surge in MARS Affiliates (INR 306 million), reversing previous-year declines.
What mattered most for margins or profitability?
Geopolitical tensions including the Middle East crisis elevated costs across raw materials, packaging, and logistics, restricting the pace of profit growth.
What changed operationally beyond the headline numbers?
The company operates an integrated manufacturing facility in Pune, Maharashtra, with an installed capacity exceeding 59,000 metric tonnes, holding FSSC 22000 and ISO 14001 certifications.
What are the main pressure points disclosed for the quarter?
External supply chain and logistics cost pressures arising from the Middle East crisis restricted margin expansion despite robust revenue growth.
15 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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16 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Cheffin and HoReCa scaling: Monitor the ongoing scaling and distribution reach of the Cheffin brand across additional quick-commerce and e-commerce platforms alongside the growth of the HoReCa B2B platform.
- 02
Input cost and margin trajectory: Track the impact of geopolitical and raw material inflationary pressures on operating margins and the effectiveness of internal cost optimization and VLS (Value Leadership Initiatives) measures.
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