Bikaji Foods Intern Ltd
NSE: BIKAJI · Packaged Foods · sector
₹464.45NSE close 2026-10-26
Key numbers
Market cap₹11,645 cr
Price₹464.45
52w high / low₹768 / ₹456
P/E45.0xSector median 33.2x
P/B7.2xSector median 2.2x
Book value₹64.1
Dividend yield0.21%Sector median 0.65%
ROE17.3%Sector median 8.8%
ROCE20.1%Sector median 9.6%
OPM13.3%Sector median 9.2%
Debt / equity0.13xSector median 0.16x
EV/EBITDA28.2xSector median 18.4x
Interest cover20.0x
Current ratio2.47x
Sales growth 3y+15.1%Sector median +14.9%
Profit growth 3y+26.2%Sector median +19.1%
PEG1.73x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 45 companies in Packaged Foods (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹340 cr vs borrowings ₹210 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 20.0x in the last 12 months.
- Operating cash flow was below net profit in 2 of the last 4 years (FY25, FY24).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 21% of net profit in the last 12 months.
- Dividend paid in 3 of the last 4 financial years.
- Price ₹464.45 on 2026-10-26: -39.6% from the 52-week high, +1.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹978.70 · low ₹464.45
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 721 | 715 | 614 | 653 | 830 | 790 | 721 | 734 |
| EBITDA | 107 | 55 | 74 | 96 | 124 | 98 | 88 | 99 |
| OPM % | 14.8% | 7.8% | 12.1% | 14.8% | 14.9% | 12.5% | 12.2% | 13.5% |
| Other income | 8 | 8 | 10 | 10 | 12 | 11 | 18 | 13 |
| Net profit | 69 | 29 | 45 | 60 | 80 | 62 | 56 | 60 |
| EPS (₹) | 2.76 | 1.14 | 1.78 | 2.39 | 3.18 | 2.48 | 2.25 | 2.40 |
| Revenue YoY | +15.1% | +10.5% | +17.5% | +12.5% | ||||
| Profit YoY | +15.4% | +117.6% | +26.6% | +0.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 1,966 | 2,329 | 2,622 | 2,994 | 3,075 |
| EBITDA | 214 | 391 | 328 | 406 | 409 |
| Net profit | 129 | 263 | 201 | 258 | 259 |
| EPS (₹) | 5.15 | 10.63 | 8.02 | 10.31 | 10.31 |
| Revenue growth | +18.5% | +12.6% | +14.2% | +13.8% | |
| Profit growth | +105.0% | -23.8% | +28.6% | +27.9% | |
| Dividend / share (₹) | – | 0.75 | 1.00 | 1.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +15.0% | – | +13.8% |
| Net profit | +26.2% | – | +27.9% |
| EPS | +26.0% | – | – |
| Share price | – | -27.6% (2y) | -36.5% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | 954 | 1,218 | 1,383 | 1,607 |
| Borrowings | 144 | 119 | 154 | 210 |
| Cash & equivalents | 96 | 177 | 255 | 340 |
| Total assets | 1,272 | 1,534 | 1,937 | 2,240 |
| Fixed assets | 601 | 728 | 785 | 798 |
| Capital work in progress | 70 | 12 | 96 | 150 |
| Investments | 20 | 31 | 20 | 20 |
| Receivables | 79 | 104 | 101 | 107 |
| Inventory | 78 | 82 | 108 | 117 |
| Payables | 53 | 59 | 69 | 65 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | 176 | 245 | 193 | 304 |
| Cash from investing | -128 | -199 | -122 | -289 |
| Cash from financing | -5 | -54 | -56 | 0 |
| Capex | 86 | 128 | 123 | 178 |
| Free cash flow | 90 | 116 | 71 | 126 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | 13.5% | 21.6% | 14.5% | 16.1% |
| ROCE % | 19.8% | 26.8% | 18.2% | 20.0% |
| Debtor days | 15 | 16 | 14 | 13 |
| Inventory days | 21 | 20 | 22 | 22 |
| Payable days | 14 | 14 | 14 | 12 |
| Cash conversion cycle (days) | 22 | 22 | 22 | 23 |
| Working capital days | 36 | 44 | 64 | 63 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 73.88% |
| FIIs | 4.74% |
| DIIs | 17.34% |
| of which Mutual funds | 13.43% |
| of which Insurance | 3.89% |
| Public (non-institutions) | 4.05% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.98% | 74.92% | 74.92% | 73.92% | 73.92% | 73.88% | 73.88% | 73.88% |
| Promoter group | % |
|---|---|
| Late Shiv Ratan Agarwal | 33.70% |
| Shiv Ratan Agarwal HUF | 24.41% |
| Deepak Agarwal | 14.30% |
| Sushila Agarwal | 1.45% |
| Deepak Agarwal HUF | 0.01% |
| Pratishtha Agarwal | 0.00% |
| Sahnvi Agarwal | 0.00% |
| Kedar Chand Sandeep Kumar Agarwal HUF | 0.00% |
| Nikita Goyal | 0.00% |
| Renudevi Gopal Agrawal | 0.00% |
| Abhishek Bansal | 0.00% |
| Jamna Bansal | 0.00% |
| Kiran Agarwal | 0.00% |
| Madhusudan Agarwal | 0.00% |
| Manju Devi Agarwal | 0.00% |
| Public holders above 1% | % |
|---|---|
| Quant Mutual Fund - Quant Small CAP Fund | 3.46% |
| Edelweiss Trusteeship Co Ltd AC- Edelweiss MF Ac-edelweiss Small CAP Fund | 1.86% |
| HSBC Mutual Fund - HSBC Small CAP Fund | 1.78% |
| HDFC Life Insurance Company Limited | 1.69% |
| Aditya Birla SUN Life Mutual Fund - Aditya Birla SUN Life Special Opportunities Fund | 1.39% |
| ICICI Prudential Life Insurance Company Limited | 1.16% |
| Nippon Life India Trustee Ltd- A/C Nippon India Focus Fund | 1.15% |
| Tata Retirement Savings Fund-progressive Plan | 1.07% |
1,09,915 shareholders. Pledged: – of promoter shares.
Peers in Packaged Foods
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| NESTLEIND | ₹2,26,287 cr | 55.5x | 39.2x | 79.9% | 95.7% | 24.4% | – | 1.02% |
| BRITANNIA | ₹1,10,332 cr | 42.4x | 21.6x | 55.0% | 54.5% | 18.6% | +5.5% | 1.64% |
| ZYDUSWELL | ₹15,076 cr | 80.1x | 2.6x | 3.3% | 4.1% | 12.2% | +20.7% | 0.25% |
| BIKAJI | ₹11,645 cr | 45.0x | 7.2x | 17.3% | 20.1% | 13.3% | +15.1% | 0.21% |
| BBTC | ₹8,069 cr | 6.3x | 1.1x | 20.4% | 42.0% | 18.3% | +5.5% | 12.53% |
| BECTORFOOD | ₹5,687 cr | 38.3x | 4.5x | 12.2% | 14.9% | 12.8% | +14.5% | 0.65% |
| GOPAL | ₹2,996 cr | 35.7x | 6.3x | 19.0% | 19.0% | 9.7% | – | 0.05% |
| ADFFOODS | ₹2,631 cr | 28.6x | 4.6x | 17.3% | 21.6% | 18.1% | +14.9% | 0.50% |
| DIAMONDYD | ₹2,451 cr | 213.1x | 3.5x | 1.6% | 3.2% | 4.5% | +1.4% | 0.05% |
| SUNDROP | ₹2,391 cr | 85.7x | 1.6x | 2.0% | 2.8% | 4.4% | +22.2% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-17 | Dividend | Dividend - Rs 1.25 Per Share |
| 2025-08-29 | Dividend | Dividend - Re 1 Per Share |
| 2024-06-14 | Dividend | Dividend - Re 1 Per Share |
| 2023-06-08 | Dividend | Annual General Meeting/Dividend - Re 0.75 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Processed Foods: Our wide range of quality snack products include bhujia, namkeen, packaged sweets, papad, and *western snacks. We also sell frozen foods, gift packs, mathris, and cookies, among others. *Western snacks include extruded products, pellets and chips
| Sector | Fast Moving Consumer Goods |
| Industry | Packaged Foods |
| Sub-industry | Packaged Foods |
| Symbol | BIKAJI |
| BSE code | 543653 |
| ISIN | INE00E101023 |
| Face value | ₹1.0 |
| Incorporated | 1995-10-06 |
| Website | www.bikaji.com |
| Plants (India / abroad) | 10 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.