Volume expansion in tasty bites will be due to new product additions, new geographical expansions due to Mars supply chain and distribution network and volume expansion in all those geographies.With current low turnover base growth could be huge in next 8-10 years.

There is big optionality of contract manufacturing for other Mars products or other big brands also built into this business.They have recently started contract mfg for keventers agro foods. They are also doing contract manufacturing for a big TV chef based out of UK.

The management of tasty bites has impeccable track record of execution and have a mega capex in process where they have already spent 30Cr and and additional 150 Cr they are going to spend. This should be sufficient to atleast triple their topline with my conservative estimates.

Mars group- The current promoters of Tasty Bites has an annual turnover of approximately 3 Lakh crores annually and is privately owned. It is amongst the top 10 richest families in the world.
They have a knack of building superb brands and scaling businesses.

Few of the top notch world famous brands owned by Mars.