DM Q&A Thread 13.

Compiled Questions regarding #Tastybite Competitors. Sharing for benefits of all

#RTE #PackageFood #Stock #IndianStock #Competitors

Not a Recommendation !

Q1->Is this product more popular amongst the Non-Indian communities?
Because I inquired with 5-6 ppl from USA & UK, they couldn’t recognise the brand and mentioned Deep & Haldiram was their fav.
Me - > Yes read through the thread I answered this towards end....

Me->...
Here is the tweet link - https://twitter.com/Coolfundoo/status/1265173743464316928?s=20

Q2->There is another brand called Sukhi..selling good number of items which though mostly in non veg category compete with TSTBL.
Me->Yes I have tried SukhiVegSamosa-good.They started mixing Chicken with Veg samosa in same package & lost me as customer...

...
Me->Available in Costco & few other Supermarkets. They are scaling but they have few SKUs & didn't penetrate as deep as Tasty Bite. Tastybite I haven't see any non-veg SKU yet.

Q3->Dear sir, one small doubt adf foods r also into same vertical, with same sales even good margins, trading at 1/4 th marcap is it not worthy? Compared to tastybites

Me->I usually do in-depth research only on stocks which pass through my filter. ..

Me->Check its Equity dilution trend & Promoters reduced holding by 20% in last 3yrs. Few other points in screen-shot. Exercise some caution. You may have to find answers to lot of (?)
Also Adf foods Debtor/Receivable days has risen considerably...

Q3-> That's good or bad for the company?

Me->Not good. Small example, We own a company and send invoice to our customers to pay the bills. If customer take longer to pay the bills that would not be good for our business.