Mrs. Bectors Food Specialities Limited commissioned two bakery plants

Mrs. Bectors Food Specialities Limited commissioned bakery units in Kolkata and Khopoli in Q4 FY26 while its bakery network operated at 75% average utilisation and 82% peak utilisation, according to its FY26 capacity update. Mrs. Bector's reports 1,07,467 metric tonnes of current bakery capacity, with 8,541 metric tonnes planned in Bengaluru.

What bakery plants has Mrs. Bector's commissioned?

Mrs. Bector's commissioned a new bakery unit in Kolkata, West Bengal, in Q4 FY26 and another new bakery unit in Khopoli, Maharashtra, in the same quarter. These are the two latest bakery projects listed in the company’s expansion-project update, which also identifies the Bhiwadi plant as having been commissioned in FY23-24.

Mrs. Bector's has also added a new line at Bhiwadi in Q4 FY26, alongside the Kolkata and Khopoli commissioning. The presentation does not specify the capacity of each individual plant or line, their product mix, investment cost, or the precise date within Q4 FY26 when the facilities began operations. It reports the commissioning events and the combined network capacity rather than unit-level output.

The company’s listed production footprint now includes facilities in Talhiwal, Phillaur, Rajpura, Bhiwadi, Greater Noida, Dhar, Khopoli and Kolkata, plus an upcoming Bengaluru facility. The presentation distinguishes facilities for biscuits and for breads and buns in its map legend, but does not provide a facility-by-facility allocation of tonnes or utilisation rates for the nine named locations.

How much bakery capacity does Mrs. Bector's have?

Mrs. Bector's reports current bakery capacity of 1,07,467 metric tonnes, compared with biscuit capacity of 1,85,880 metric tonnes, in its FY26 update. The company lists 8,541 metric tonnes of additional planned bakery capacity, taking stated total bakery capacity to 1,16,008 metric tonnes; no additional biscuit capacity is shown in that table.

The 8,541-metric-tonne planned addition is tied to Bengaluru in the footnote to the FY26 capacity table. Mrs. Bector's says Bengaluru capacity will be expanded and that the final capacity addition will be informed in due course. Therefore, the disclosed 1,16,008-metric-tonne total reflects the stated planned amount, while the final Bengaluru addition remains unresolved in the presentation.

How does Mrs. Bector's bakery utilisation compare with biscuits?

Mrs. Bector's bakery operations recorded 75% average capacity utilisation and 82% peak utilisation in the FY26 update, versus 60% average and 69% peak utilisation for biscuits. Bakery therefore ran 15 percentage points above biscuits on average and 13 percentage points above biscuits at peak, based on the company’s reported utilisation measures.

The difference is visible across both measures rather than only at maximum output. Bakery’s seven-percentage-point gap between its 82% peak and 75% average utilisation was narrower than biscuits’ nine-point gap between 69% peak and 60% average utilisation. The presentation does not state the periods within FY26 in which peak levels occurred, so the figures should not be read as a quarterly production pattern.

At the reported current capacities, a 75% average rate corresponds mechanically to about 80,600 metric tonnes of bakery capacity usage, while 60% of the 1,85,880 metric tonnes of biscuit capacity corresponds to about 1,11,528 metric tonnes. These are calculations from the stated annual capacity and utilisation data, not production volumes disclosed by Mrs. Bector's, and do not indicate sales, inventory or plant-level throughput.

What does Mrs. Bector's expansion pipeline include?

Mrs. Bector's disclosed a Bengaluru bakery expansion of 8,541 metric tonnes as its remaining planned capacity addition in the FY26 table. The company has not given a commissioning date, project cost, final capacity, or product configuration for Bengaluru, saying only that the final capacity addition will be communicated in due course.

Outside bakery, Mrs. Bector's expansion record includes two biscuit lines commissioned at Rajpura, Punjab, in FY23-24 and two more lines commissioned there in H1 FY24-25. It also says the Dhar, Madhya Pradesh, biscuit plant was commissioned in Q1 FY25-26. These projects explain why the presentation covers additions in both biscuits and bakery, even though the only additional capacity quantified in the table is bakery capacity.

The sequence of stated bakery projects runs from Bhiwadi’s commissioning in FY23-24, to a new Bhiwadi line in Q4 FY26, and then new Kolkata and Khopoli units in Q4 FY26. Mrs. Bector's does not disclose whether the current 1,07,467-metric-tonne bakery figure includes the full output of each Q4 FY26 commissioning from the beginning of the year, so the capacity figure cannot establish their individual utilisation contribution.

How did Mrs. Bector's bakery segment perform in FY26?

Mrs. Bector's bakery segment reported revenue of Rs 769 crore in FY26, up 14% from Rs 675 crore in FY25. Biscuit segment revenue rose 7% to Rs 1,235 crore from Rs 1,157 crore, meaning bakery grew faster than biscuits in FY26 even though biscuits remained the larger segment by Rs 466 crore.

The bakery segment includes retail and institutional revenue, while the biscuit segment includes domestic, exports and CSD, according to the presentation. From FY23 to FY26, bakery revenue increased from Rs 487 crore to Rs 769 crore, whereas biscuit revenue rose from Rs 807 crore to Rs 1,235 crore. Those reported segment definitions mean the growth comparison is between different sales channels and product categories.

Mrs. Bector's total revenue from operations was Rs 2,044 crore in FY26, a 9.1% increase from Rs 1,874 crore in FY25. Total revenue includes contract manufacturing and other operating revenue in addition to segment sales. EBITDA, or earnings before interest, tax, depreciation and amortisation, was Rs 258 crore in FY26, while profit after tax was Rs 141 crore, compared with Rs 143 crore in FY25.

Conclusion

Mrs. Bector's FY26 update combines two Q4 bakery plant commissions, at Kolkata and Khopoli, with a bakery network operating at 75% average utilisation, above the 60% reported for biscuits. Bakery revenue increased 14% to Rs 769 crore in FY26, compared with 7% growth in biscuits, while the company reported 1,07,467 metric tonnes of current bakery capacity.

The next disclosed item to watch is Bengaluru. Mrs. Bector's has listed 8,541 metric tonnes of planned bakery capacity, taking stated bakery capacity to 1,16,008 metric tonnes, but says final Bengaluru capacity will be informed in due course. The presentation does not provide a commissioning schedule, capital expenditure figure, or final plant configuration for that expansion.