Q&T Foods Limited is a food processing company primarily engaged in the business of manufacturing, distribution, marketing, and selling of bakery products in the savoury category. The company offers a diversified product portfolio under its brand 'American Bakers', which includes varieties of breads such as Milk Bread and Multigrain Bread, and other bakery products like Kulcha, Pav, Burger Bun, and Pizza Base, targeted primarily at local consumers in Uttar Pradesh.;
Founded in
2018
MD/CEO
Mr. Nishant Raj Gupta
Parent organisation
Q&T Foods Ltd
Q&T Foods Financials
Revenue
Total Assets
Profit
All values are in ₹ Cr
Strengths & Risks
Strengths
Risks
The company has achieved significant revenue and profit growth, with revenue from operations growing from Rs. 40.22 Crores in FY24 to Rs. 54.78 Crores in FY26, and Profit After Tax increasing from Rs. 1.96 Crores to Rs. 5.20 Crores in the same period.
Profitability margins have shown substantial improvement, with EBITDA margin expanding from 9.37% in FY24 to 15.27% in FY26, and PAT margin more than doubling from 4.87% to 9.49% over the same period, indicating enhanced operational efficiency.
The 'Bread' category is the cornerstone of the company's revenue, with its contribution increasing from 89.46% of total revenue in FY24 to a dominant 99.91% in FY26, demonstrating strong focus and market acceptance of its core product line.
Operational efficiency is improving as the company's capacity utilization has steadily increased from 78.61% in FY24 to 91.33% in FY26, indicating effective management of its in-house manufacturing facility.
The company maintains an extensive distribution network with over 50 dealers and has established long-standing relationships, which are critical to its business strategy and growth.
The company's operations are extremely concentrated geographically, with 100% of its revenue in FY26 generated from just two states: Uttar Pradesh (99.25%) and Haryana (0.75%), making it highly susceptible to local economic or regulatory changes.
There is a significant dependence on a small number of customers, with the top 10 clients contributing 25.01% of the total revenue from operations in FY26. The loss of any of these customers could adversely impact revenues as the company does not have long-term agreements.
The company and its promoters are involved in 5 outstanding criminal proceedings for cheque bounce cases under Section 138 of the Negotiable Instruments Act, with a total alleged amount involved of Rs. 0.51 Crores, which could result in financial penalties and reputational damage.
The company's primary trademark, 'AMERICAN BAKERS', is facing an opposition proceeding from a third party, Bonn Nutrients Private Limited. An adverse outcome could force a rebranding, affecting brand recognition and incurring significant costs.
Application details
For Q&T Foods IPO, eligible investors can apply as Individual investor.
Apply as
Price band
Apply range
Lot size
Individual investor
₹115 - ₹115
₹2 - ₹5 Lakhs
1200
About
Objectives of Q&T Foods IPO Proceeds
Particulars
Estimated Amount
(in ₹ Cr.)
To finance the capital expenditure requirements for the purchase of equipment/ machinery for existing manufacturing facility
4.42
To part finance the requirements of working capital
7.50
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the company
6.75
General corporate purposes
3.92
Total
22.59
Book Running Lead Manager & Registrar of Q&T Foods IPO
Book Running Lead Manager
Corporate Makers Capital Limited
Registrar to the Issue
Skyline Financial Services Private Limited
Market Maker to the Issue
Prabhat Financial Services Limited
Key Performance Indicators (KPIs) of Q&T Foods Ltd.
