Bikaji Foods International Ltd

Bikaji Foods Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Bikaji Foods International Ltd

₹ 741 -0.66%
16 Jun 2:30 p.m.
bikaji.com BSE: 543653 NSE: BIKAJI
About

Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies.[1]

Key Points

Leadership[1]
1) 3rd largest ethnic snacks company in India.
2) Largest manufacturer of Bikaneri Bhujia producing 35,588 tonnes annually.
3) 2nd largest manufacturer of handmade papad in India.
4) Market leader in family pack segment which represented ~59%of food products sale (9MFY24)

Website BSE NSE
  • Market Cap ₹ 18,571 Cr.
  • Current Price ₹ 741
  • High / Low ₹ 1,008 / 520
  • Stock P/E 87.4
  • Book Value ₹ 57.1
  • Dividend Yield 0.13 %
  • ROCE 20.0 %
  • ROE 16.0 %
  • Face Value ₹ 1.00
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Pros

  • Company has delivered good profit growth of 30.6% CAGR over last 5 years

Cons

  • Stock is trading at 12.9 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Packaged Foods

Part of BSE 500 BSE Fast Moving Consumer Goods Nifty 500 BSE SmallCap BSE Allcap

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
397 414 570 503 458 478 598 613 606 561 713 676 586
357 382 505 452 400 412 509 537 445 468 604 621 507
Operating Profit 40 31 65 51 58 66 89 76 161 93 109 56 79
OPM % 10% 8% 11% 10% 13% 14% 15% 12% 27% 17% 15% 8% 13%
8 5 6 12 5 6 6 6 11 7 8 7 8
Interest 2 2 2 2 2 2 2 2 2 2 2 3 3
Depreciation 10 10 10 12 10 13 15 15 15 17 17 18 17
Profit before tax 35 24 58 49 51 58 78 65 155 81 97 42 66
Tax % 26% 25% 26% 23% 28% 25% 22% 24% 25% 26% 26% 26% 26%
26 18 43 38 37 43 61 49 116 61 72 31 49
EPS in Rs 1.06 0.71 1.74 1.51 1.47 1.73 2.45 1.96 4.64 2.42 2.88 1.23 1.96
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
400 468 550 610 781 901 1,075 1,308 1,599 1,944 2,295 2,537
357 419 487 536 681 808 980 1,163 1,456 1,732 1,900 2,200
Operating Profit 43 49 63 73 100 93 94 145 142 212 395 337
OPM % 11% 10% 11% 12% 13% 10% 9% 11% 9% 11% 17% 13%
2 1 2 3 3 10 8 11 10 22 26 30
Interest 2 -4 0 0 5 4 6 3 7 9 9 11
Depreciation 4 6 7 12 17 22 34 33 37 45 56 69
Profit before tax 39 48 58 64 82 76 62 120 109 181 356 286
Tax % 36% 33% 29% 32% 36% 33% 11% 25% 27% 23% 24% 26%
25 32 41 44 53 51 55 90 80 138 270 212
EPS in Rs 12.16 13.75 17.68 18.76 22.63 20.98 22.82 36.91 3.20 5.55 10.77 8.48
Dividend Payout % 0% 15% 11% 11% 9% 10% 9% 5% 3% 14% 9% 12%
Compounded Sales Growth
10 Years: 18%
5 Years: 19%
3 Years: 17%
TTM: 11%
Compounded Profit Growth
10 Years: 21%
5 Years: 31%
3 Years: 38%
TTM: -21%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 3%
Return on Equity
10 Years: 17%
5 Years: 17%
3 Years: 19%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 20 23 23 23 23 24 24 24 25 25 25 25
Reserves 61 172 208 245 284 446 504 580 798 934 1,200 1,405
46 72 97 136 142 73 54 83 141 138 139 171
54 62 55 55 73 87 93 115 118 143 138 155
Total Liabilities 182 329 384 460 523 630 675 803 1,081 1,240 1,503 1,756
95 100 176 229 313 396 406 406 480 607 753 738
CWIP 12 84 83 86 47 13 3 33 48 70 12 92
Investments 0 10 2 2 3 3 36 87 146 41 60 185
75 135 124 143 160 218 230 277 407 523 677 741
Total Assets 182 329 384 460 523 630 675 803 1,081 1,240 1,503 1,756

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
27 54 34 37 78 64 51 121 60 177 243 213
-27 -95 -74 -69 -63 -67 -54 -129 -220 -131 -207 -197
1 87 41 32 -10 58 -26 2 157 -2 -45 -3
Net Cash Flow 1 47 2 -0 5 55 -29 -6 -4 43 -10 14

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 13 12 15 17 16 16 14 13 17 16 18 14
Inventory Days 21 29 21 25 26 26 22 26 26 20 18 18
Days Payable 43 39 28 21 18 20 8 18 15 14 12 11
Cash Conversion Cycle -9 2 7 21 24 22 27 21 28 22 23 21
Working Capital Days 8 -18 9 23 7 15 15 17 38 38 35 51
ROCE % 22% 20% 18% 21% 16% 12% 19% 14% 18% 30% 20%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
75.97% 75.97% 75.37% 75.21% 75.18% 75.10% 75.10% 74.98% 74.98% 74.92%
3.71% 3.45% 5.46% 7.02% 6.89% 7.66% 7.51% 7.48% 7.70% 7.33%
9.90% 10.57% 12.42% 13.55% 13.96% 13.51% 13.32% 12.78% 11.96% 12.21%
10.42% 10.03% 6.74% 4.22% 3.99% 3.72% 4.06% 4.76% 5.38% 5.57%
No. of Shareholders 92,56183,14275,17285,41186,93085,92792,0971,09,7801,42,5141,44,000

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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