# BIKAJI (BIKAJI) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/bikaji

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹580
- Change: +4.95%
- As of: 2026-09-18
- 1D return: +4.99%
- 5D return: +2.49%
- 1M return: -4.41%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, Bikaji is trading below key moving averages across daily, weekly, and monthly timeframes, indicating a predominantly bearish technical stance. The daily chart shows the price below the 20-day Exponential Moving Average (EMA) of ₹580.46 and the 50-day Simple Moving Average (SMA) of ₹612.86, with a bearish Supertrend indicator at ₹586.63. This trend is mirrored on the weekly and monthly charts, where the price also sits below its respective EMAs and SMAs, and the Supertrend indicator is bearish. Recent anomalies include a wide intraday range on September 18, 2026, with a 0.08% range and 0.05% return on the daily timeframe, and a wider 0.11% range with 0.05% return on the weekly timeframe. Additionally, a wide intraday range with a -0.01% return was observed on September 15, 2026. Active weekly patterns include a Harami and an Outside Bar formation as of September 18, 2026.

The stock is currently trading near its nearest support level of ₹571.83, which is approximately 1.45% below the current price of ₹580.25. The nearest resistance is observed at ₹668.30, about 15.17% above the current price. The stock's current drawdown stands at -0.28%, with a maximum drawdown of -0.32% and annualized volatility of 0.3. The risk is further characterized by a downside deviation of 0.18 and an Average True Range (ATR) of 2.89% of the price.

Key watch conditions include monitoring the price action around the ₹571.83 support level. A break below this could signal further downside. Conversely, a sustained move above the ₹668.30 resistance level would be needed to challenge the prevailing bearish trend. The presence of active weekly patterns like Harami and Outside Bar warrants attention for potential shifts in short-term sentiment.

- The stock's current price is ₹580.25 as of September 18, 2026.
- The nearest support level is ₹571.83 (1.45% below current price).
- The nearest resistance level is ₹668.30 (15.17% above current price).
- Active weekly patterns as of September 18, 2026, include Harami and Outside Bar.
- The stock is trading below its daily, weekly, and monthly Supertrend indicators.

- Harami
- Outside Bar
- Bullish Engulfing Reversal
- Bearish Engulfing Reversal

### News Context

Bikaji Foods International announced a strategic partnership on August 27, 2026, with bakery expert Thayekunni Khaleel to advance the growth of its subsidiary, Bikaji Bakes Private Limited. This development follows the company's 31st Annual General Meeting on August 20, 2026. During the AGM, shareholders approved the financial statements for the fiscal year ending March 31, 2026, and a final dividend of ₹1.25 per equity share was declared. Key management, including Chairman Deepak Agarwal and Executive Director Shweta Agarwal, were re-appointed. Earlier in August, the company shared transcripts from an August 6, 2026, earnings conference call. This call detailed a 12.5% revenue increase and 7.7% volume growth for Q1 FY27, despite a brief plant shutdown and labor disruptions. The company reported an improved EBITDA margin of 13.5% for the quarter, up from 12.2% in the previous quarter, and aims to maintain this margin range for the full year with a long-term target of 15%.

- On August 27, 2026, Bikaji Foods International announced a partnership with bakery expert Thayekunni Khaleel to drive growth for Bikaji Bakes Private Limited.
- The 31st Annual General Meeting on August 20, 2026, saw approval of FY26 financial statements and a declared final dividend of ₹1.25 per equity share.
- Chairman Deepak Agarwal and Executive Director Shweta Agarwal were re-appointed at the August 20, 2026 AGM.
- Q1 FY27 results, discussed in an August 6, 2026 earnings call, showed 12.5% revenue growth and 7.7% volume growth.
- EBITDA margin improved to 13.5% in Q1 FY27, with the company targeting 13-13.5% for the full year.

- Bikaji Foods International Limited has informed the Exchange regarding a press release dated August 27, 2026, titled "Partnership with World-Renowned Bakery Expert Thayekunni Khaleel to Drive the Next Phase of Growth for Bikaji Bakes Private Limited". |SUBJECT: Press Release
- Bikaji Foods International Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 20, 2026 |SUBJECT: Shareholders meeting
- Bikaji Foods International Limited has informed the Exchange about Shareholders meeting |SUBJECT: Shareholders meeting
- Bikaji Foods International Limited has informed the Exchange about Transcript of the Earnings Conference Call held on August 06, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- BIKAJI FOODS INTERNATIONAL LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL

### What Changed

As of September 18, 2026, Bikaji Foods International (BIKAJI) on the NSE has seen its stock price increase to ₹580.25 from a previous price of ₹554.0. This represents a recent upward movement in the stock's trading value. The company's profile and exchange listing remain consistent with prior context.

- Stock price increased to ₹580.25 as of September 18, 2026.
- Previous stock price was ₹554.0.
- Company remains listed on the NSE.
- No new filings or news developments were reported as of September 18, 2026.

### Official Filings

Bikaji Foods International Limited has announced a strategic partnership with bakery expert Thayekunni Khaleel to advance its subsidiary, Bikaji Bakes Private Limited. This collaboration aims to drive the next phase of growth for the company's bakery division. In other developments, the company's 31st Annual General Meeting on August 20, 2026, saw shareholders approve the audited financial statements for the fiscal year ending March 31, 2026, and declare a final dividend of ₹1.25 per equity share. Key leadership positions, including Chairman Deepak Agarwal and Executive Director Shweta Agarwal, were reaffirmed, alongside the re-appointment of five other directors. Earlier, on August 5, 2026, Bikaji Foods International approved the acquisition of a 50% stake in C.G. Bikaji Private Limited, a new joint venture in Nepal, for ₹150,000,000. This venture is set to manufacture and market snacks and packaged sweets in Nepal, with the acquisition to be completed in stages over ten months.

- On August 27, 2026, Bikaji Foods International announced a partnership with bakery expert Thayekunni Khaleel for Bikaji Bakes Private Limited.
- Shareholders approved the fiscal year 2026 audited financials and declared a final dividend of ₹1.25 per equity share at the AGM on August 20, 2026.
- Leadership roles, including Chairman Deepak Agarwal and Executive Director Shweta Agarwal, were reaffirmed at the August 20, 2026 AGM.
- On August 5, 2026, the company approved the acquisition of a 50% stake in C.G. Bikaji Private Limited, a new Nepal-based joint venture, for ₹150,000,000.

- Bikaji Foods International Limited has informed the Exchange regarding a press release dated August 27, 2026, titled "Partnership with World-Renowned Bakery Expert Thayekunni Khaleel to Drive the Next Phase of Growth for Bikaji Bakes Private Limited". |SUBJECT: Press Release
- Bikaji Foods International Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 20, 2026 |SUBJECT: Shareholders meeting
- Bikaji Foods International Limited has informed the Exchange about Shareholders meeting |SUBJECT: Shareholders meeting
- Bikaji Foods International Limited has informed the Exchange about Transcript of the Earnings Conference Call held on August 06, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- BIKAJI FOODS INTERNATIONAL LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL
- BIKAJI FOODS INTERNATIONAL LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- BIKAJI FOODS INTERNATIONAL LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL
- BIKAJI FOODS INTERNATIONAL LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL

### Fundamentals

Bikaji Foods International reported its financial results for the periods ending in Q3 FY2025-26, Q4 FY2025-26, and Q1 FY2026-27. Revenue from operations showed some fluctuation, standing at ₹790.01 crore in Q3 FY2025-26, decreasing to ₹720.88 crore in Q4 FY2025-26, and then slightly increasing to ₹734.26 crore in Q1 FY2026-27. Profit Before Tax followed a similar pattern, with ₹81.57 crore in Q3 FY2025-26, ₹77.30 crore in Q4 FY2025-26, and ₹80.75 crore in Q1 FY2026-27. The net profit, or Profit Loss For Period, was ₹62.17 crore in Q3 FY2025-26, ₹56.04 crore in Q4 FY2025-26, and ₹59.47 crore in Q1 FY2026-27. Finance costs remained relatively stable, at ₹4.10 crore, ₹3.89 crore, and ₹5.17 crore for the respective periods. Other expenses saw a decrease from ₹123.84 crore in Q3 FY2025-26 to ₹109.54 crore in Q1 FY2026-27. Tax expenses were ₹19.40 crore, ₹21.26 crore, and ₹21.27 crore for the same periods. The company's operating trajectory indicates a recent dip in revenue and profit in Q4 FY2025-26, with a partial recovery in Q1 FY2026-27. Investors may want to monitor revenue growth and the trend in other expenses as key drivers.

- Revenue from operations was ₹790.01 crore in Q3 FY2025-26, ₹720.88 crore in Q4 FY2025-26, and ₹734.26 crore in Q1 FY2026-27.
- Profit Loss For Period was ₹62.17 crore in Q3 FY2025-26, ₹56.04 crore in Q4 FY2025-26, and ₹59.47 crore in Q1 FY2026-27.
- Other Expenses decreased from ₹123.84 crore in Q3 FY2025-26 to ₹109.54 crore in Q1 FY2026-27.
- Finance Costs were ₹4.10 crore in Q3 FY2025-26, ₹3.89 crore in Q4 FY2025-26, and ₹5.17 crore in Q1 FY2026-27.

### Bull Case

As of September 18, 2026, Bikaji Foods International's stock is trading at ₹580.25. While recent short-term returns have been negative, with a 1-month return of -5% and a 3-month return of -12%, the stock has experienced a 5-day period return of 2%. The company's nearest support level is identified at ₹571.83, which is 1.45% below the current price. However, technical indicators across daily, weekly, and monthly timeframes suggest a bearish trend, with Supertrend values indicating resistance at ₹586.63 (daily), ₹669.14 (weekly), and ₹828.70 (monthly). The Average Directional Index (ADX) on a daily basis is 31.83, suggesting a trending market, but the declining Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs) across all timeframes, along with negative slope values, indicate downward momentum.

- The stock's 5-day return was positive at 2% as of September 18, 2026.
- The nearest identified support level is ₹571.83.
- Daily, weekly, and monthly technical trends are indicated as bearish, with Supertrend values above the current price.
- Moving averages (EMA and SMA) show negative slopes across daily, weekly, and monthly timeframes.

### Bear Case

The company's stock is exhibiting technical indicators that suggest a cautious outlook. On a daily basis, the closing price of ₹580.25 is below the 20-day Exponential Moving Average (EMA) of ₹580.46 and the 50-day Simple Moving Average (SMA) of ₹612.86. The 20-day EMA slope is negative (-16.98) over 5 periods, and the 50-day SMA slope is also negative (-9.65) over 5 periods, indicating a downward trend. The Supertrend indicator is in a bearish direction at ₹586.63. On a monthly basis, the closing price is also below the 20-day EMA (₹668.46) and the 50-day SMA (₹686.31), with the Supertrend in a bearish direction at ₹828.7. The stock has experienced a significant drawdown of -28%, with a maximum drawdown of -32%. Over the past year, the stock has returned -25%, and year-to-date returns are -21%.

- The daily closing price of ₹580.25 is below the 20-day EMA (₹580.46) and 50-day SMA (₹612.86).
- The Supertrend indicator is signaling a bearish trend on both daily (₹586.63) and monthly (₹828.7) timeframes.
- The stock has experienced a current drawdown of -28% and a maximum drawdown of -32%.
- The stock has shown negative returns over multiple periods, including -25% in the last year and -21% year-to-date.

### FAQs

**What recent operational developments has Bikaji Foods International reported?**

On August 27, 2026, Bikaji Foods International announced a partnership with bakery expert Thayekunni Khaleel to advance its Bikaji Bakes Private Limited division. Earlier, on August 12, 2026, the company reported that its Q1 FY27 revenue grew by 12.5% and volume by 7.7%. This growth occurred despite a 3-4 day plant shutdown following the Chairman's death and disruptions from Bengal elections, with demand recovering in the latter half of the quarter. The company also expanded its direct reach by adding 17,000 outlets, bringing the total to over 370,000.

**What was the outcome of Bikaji Foods International's Annual General Meeting (AGM) on August 20, 2026?**

During its 31st AGM on August 20, 2026, shareholders approved the audited financial statements for the fiscal year ended March 31, 2026. A final dividend of ₹1.25 per equity share was declared. Key leadership appointments were confirmed, including the re-appointment of Mr. Deepak Agarwal as Chairman and Managing Director, and Mrs. Shweta Agarwal as Whole-Time Director. Four independent directors were also re-appointed.

**What are the recent technical trends and price levels for Bikaji Foods International?**

As of September 18, 2026, Bikaji Foods International's stock is trading below its 20-day and 50-day Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs), with negative slopes indicating a short-term downward trend. The SuperTrend indicator is 'bearish' on daily, weekly, and monthly timeframes. The stock is currently trading near its nearest support level of ₹571.83, which is approximately 1.45% below the current price. Nearest resistance levels are identified at ₹668.30, ₹693.94, and ₹708.75.

**What has been the recent stock performance and volatility for Bikaji Foods International?**

Bikaji Foods International has experienced negative returns across various recent periods. As of September 18, 2026, the stock has returned -5% in the last month, -12% in the last three months, and -25% in the last year. Year-to-date, the return is -21%. The company's annualized volatility is reported at 30%, with a current drawdown of -28% and a maximum drawdown of -32%.

- Bikaji Foods International Limited has informed the Exchange regarding a press release dated August 27, 2026, titled "Partnership with World-Renowned Bakery Expert Thayekunni Khaleel to Drive the Next Phase of Growth for Bikaji Bakes Private Limited". |SUBJECT: Press Release
- Bikaji Foods International Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 20, 2026 |SUBJECT: Shareholders meeting
- Bikaji Foods International Limited has informed the Exchange about Shareholders meeting |SUBJECT: Shareholders meeting
- Bikaji Foods International Limited has informed the Exchange about Transcript of the Earnings Conference Call held on August 06, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- BIKAJI FOODS INTERNATIONAL LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹548.87
- Risk regime: Price Risk Requires Attention

### Support levels
- 558.8
- 571.8333333333333
- 562.9166666666666

### Resistance levels
- 668.3
- 693.93896484375
- 708.75

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +4.99% |
| return_10 | -1.18% |
| return_1m | -4.67% |
| return_1y | -25.32% |
| return_20 | -4.41% |
| return_3m | -12.06% |
| return_5 | +2.49% |
| return_6m | -6.16% |
| return_since_start | -23.54% |
| return_ytd | -21.42% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -32.50% |
| annualized_volatility | +30.21% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Up 12.5%, but Profit Barely Budges as Other Expenses Jump 25.6%

Bikaji Foods International reported a 12.5% increase in revenue for the first quarter of FY2026-27, but net profit rose only 1.6% as other expenses grew at more than twice that rate. The sequential comparison showed a modest improvement from the previous quarter, helped by a decline in other expenses.

## Revenue Growth

Revenue from operations was ₹734.26 crore, up from ₹652.67 crore in the same quarter last year. Compared to the immediately preceding quarter (Q4 FY2025-26: ₹720.88 crore), revenue increased by 1.9%.

## Profitability and Expense Pressure

Profit before tax grew 2.8% year-on-year to ₹80.75 crore, while net profit rose 1.6% to ₹59.47 crore. The slower profit growth relative to revenue was accompanied by a sharp increase in other expenses, which rose 25.6% to ₹109.54 crore from ₹87.21 crore a year ago. As a result, the net profit margin narrowed from 8.97% to 8.10%, and the pre-tax margin fell from 12.04% to 11.00%.

Sequentially, other expenses declined 8.5% from ₹119.68 crore in Q4, which contributed to a 4.5% rise in profit before tax and a 6.1% increase in net profit compared to the previous quarter.

## Finance Costs and Tax

Finance costs increased 9.6% year-on-year to ₹5.17 crore, and rose 32.9% from the previous quarter’s ₹3.89 crore. Despite the sequential jump, finance costs remained a small portion of revenue. The effective tax rate was 26.3%, compared to 25.5% in the same quarter last year.

## Earnings Per Share

Basic and diluted earnings per share were ₹2.40, essentially unchanged from ₹2.39 in the year-ago quarter.

## Key Takeaway

Bikaji’s revenue continued to grow, but a much faster rise in other expenses compressed profit margins, leaving net profit nearly flat compared to a year ago. The sequential improvement from the previous quarter was supported by a reduction in those same expenses, highlighting their influence on quarterly profitability.

### Ratios

## Official filings

- 2026-08-27 — Press Release: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_27082026085209_53.pdf)
- 2026-08-20 — Generic Announcement: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_20082026140353_49.pdf)
- 2026-08-20 — Generic Announcement: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_20082026185258_50.pdf)
- 2026-08-12 — Generic Announcement: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_12082026165951_48.pdf)
- 2026-08-12 — Generic Announcement: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20521_WebXMLFile_20260812_170427794.xml)
- 2026-08-06 — Earnings Presentation: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20521_WebXMLFile_20260806_195424349.xml)
- 2026-08-06 — Generic Announcement: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20521_WebXMLFile_20260806_195536328.xml)
- 2026-08-06 — Generic Announcement: Bikaji Foods International Limited has provided a link to the audio recording of their earnings conference call for the quarter ended June 30, 2026. The call, which discussed the unaudited financial results, was conducted on August 6, 2026. No unpublished price-sensitive information was shared during the call, and the recording is also available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_06082026194805_47.pdf)
- 2026-08-06 — Generic Announcement: Bikaji Foods International Limited published its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, in the Financial Express and Nafa Nuksan newspapers on August 6, 2026. The Board of Directors had approved these results on August 5, 2026. The publication includes a QR code and webpage details for accessing the full financial results, which will also be hosted on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_06082026132341_46.pdf)
- 2026-08-05 — Generic Announcement: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_20521_WebXMLFile_20260805_205554248.xml)
- 2026-08-05 — Generic Announcement: On August 5, 2026, the Board of Directors of Bikaji Foods International Limited approved a Joint Venture cum Shareholders Agreement with C.G. Savory Corp Private Limited for a Nepal-based joint venture, C.G. Bikaji Private Limited, with an investment of up to ₹15,00,00,000. The board also approved the incorporation of a wholly-owned subsidiary in Abu Dhabi, UAE, and the grant of 1,00,000 stock options to employees at an exercise price of ₹500 per option. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_05082026200415_43.pdf)
- 2026-08-05 — Generic Announcement: On August 5, 2026, the Board of Directors of Bikaji Foods International Limited approved a Joint Venture cum Shareholders Agreement with C.G. Savory Corp Private Limited for a Nepal-based joint venture, C.G. Bikaji Private Limited, with an investment of up to ₹15,00,00,000. The board also approved the incorporation of a wholly-owned subsidiary in Abu Dhabi, UAE, and the grant of 1,00,000 stock options to employees at an exercise price of ₹500 per option. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_05082026200541_43.pdf)
- 2026-08-05 — Agreement Announcement: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ANN_AGREEMENT_20521_WebXMLFile_20260805_205528278.xml)
- 2026-08-05 — Generic Announcement: Bikaji Foods International Limited's Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, on August 5, 2026. The board also approved an investment of up to ₹15,00,00,000 in C.G. Bikaji Private Limited, a joint venture in Nepal, and the incorporation of a wholly-owned subsidiary in Abu Dhabi, UAE. Additionally, 1,00,000 stock options were approved for employees under the Bikaji Employees Stock Option Scheme 2021. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_05082026194422_42.pdf)
- 2026-08-05 — Generic Announcement: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_20521_WebXMLFile_20260805_205804374.xml)
- 2026-08-05 — Generic Announcement: On August 5, 2026, the Board of Directors of Bikaji Foods International Limited approved a Joint Venture cum Shareholders Agreement with C.G. Savory Corp Private Limited for a Nepal-based joint venture, C.G. Bikaji Private Limited, with an investment of up to ₹15,00,00,000. The board also approved the incorporation of a wholly-owned subsidiary in Abu Dhabi, UAE, and the grant of 1,00,000 stock options to employees at an exercise price of ₹500 per option. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_05082026200023_43.pdf)
- 2026-08-05 — Generic Announcement: On August 5, 2026, the Board of Directors of Bikaji Foods International Limited approved a Joint Venture cum Shareholders Agreement with C.G. Savory Corp Private Limited for a Nepal-based joint venture, C.G. Bikaji Private Limited, with an investment of up to ₹15,00,00,000. The board also approved the incorporation of a wholly-owned subsidiary in Abu Dhabi, UAE, and the grant of 1,00,000 stock options to employees at an exercise price of ₹500 per option. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_05082026200153_43.pdf)
- 2026-08-05 — Press Release: Bikaji Foods International Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Revenue from operations grew 12.5% year-over-year to INR 7,343 million, with volume growth at 7.7%. EBITDA was INR 990 million and Profit After Tax (PAT) was INR 595 million. The company's Ethnic Snacks category contributed 75.7% of overall revenue, growing 11.4% YoY, while Western Snacks grew 21.3% YoY. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_05082026201740_44.pdf)
- 2026-08-05 — Earnings Presentation: Bikaji Foods International Limited has released an investor presentation for the quarter ended June 30, 2026. The company reported revenue from operations of INR 7,343 million, with a 7.7% underlying volume growth. EBITDA for the quarter was INR 990 million, and Profit After Tax (PAT) was INR 595 million. The presentation also details manufacturing capacities, distribution network, marketing initiatives, and financial performance metrics. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_05082026201852_45.pdf)
- 2026-08-05 — Generic Announcement: Bikaji Foods International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_20521_WebXMLFile_20260805_205632198.xml)
- 2026-07-24 — Generic Announcement: Bikaji Foods International Limited published a notice on July 24, 2026, regarding its 31st Annual General Meeting (AGM) scheduled for August 20, 2026. The AGM will be held via Video Conferencing (VC)/ Other Audio-Visual Means (OAVM), and details for e-voting have been published in the Financial Express and Nafa Nuksan newspapers. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_24072026110012_41.pdf)
- 2026-07-23 — Official Filing: BIKAJI FOODS INTERNATIONAL LIMITED will hold its 31st Annual General Meeting on August 20, 2026, at 11:30 AM via Video Conference. The agenda includes adopting the financial statements for the year ended March 31, 2026, declaring a final dividend of ₹1.25 per equity share, and re-appointing Mr. Deepak Agarwal, Mrs. Shweta Agarwal, Mr. Nikhil Kishorchandra Vora, Mr. Pulkit Anilkumar Bachhawat, Mrs. Richa Manoj Goyal, and Mr. Siraj Azmat Chaudhry to the board.
- 2026-07-23 — Generic Announcement: The 31st Annual General Meeting (AGM) of Bikaji Foods International Limited will be held on August 20, 2026, via Video Conferencing. Key agenda items include the adoption of audited standalone and consolidated financial statements for the fiscal year ending March 31, 2026, and the declaration of a final dividend of ₹1.25 per equity share. The meeting will also address the re-appointment of directors, including Deepak Agarwal as Chairman and Managing Director for a term of three years starting February 1, 2027, and Shweta Agarwal as Whole-Time Director for the same term. Independent directors Nikhil Kishorchandra Vora, Pulkit Anilkumar Bachhawat, and Richa Manoj Goyal are proposed for re-appointment for five-year terms starting December 8, 2026, while Siraj Azmat Chaudhry is proposed for re-appointment as an independent director for a five-year term starting August 24, 2026. Remote e-voting will be open from August 17 to August 19, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_23072026124244_39.pdf)
- 2026-07-22 — Generic Announcement: Bikaji Foods International Limited will hold an earnings conference call on August 6, 2026, at 12:00 PM IST to discuss its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The intimation is in compliance with SEBI Listing Regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/BIKAJIFOODS_22072026171908_37.pdf)
- 2026-07-22 — Official Filing: BIKAJI FOODS INTERNATIONAL LIMITED will hold an Earnings Conference Call for investors and analysts on August 6, 2026, at 12:00 PM IST to discuss the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The virtual meeting details, including dial-in numbers and a registration link, are provided. Manoj Verma is the contact person for this event.

## News and market events

- 2026-09-11 — BUSINESSTODAY: **Consumer stocks: Systematix stays cautious on ITC shares; prefers Marico, Bikaji Foods, Dodla Dairy** — ITC, ITC shares, Systematix Institutional Equities, consumer stocks, consumer staples, cigarette volumes, cigarette demand, Marico, Bikaji Foods International, Dodla Dairy, Dabur India, Godrej Consumer Products, Hindustan Foods, Patanjali Foods, Britannia Industries, CCL Products, Colgate-Palmolive India, Hindustan Unilever, Nestle India, Prataap Snacks, Tata Consumer Products, ITC target price, Marico target price, Bikaji Foods target price, Dodla Dairy target price — [Source](https://www.businesstoday.in/markets/stocks/story/consumer-stocks-systematix-stays-cautious-on-itc-shares-prefers-marico-bikaji-foods-dodla-dairy-554875-2026-09-11)
- 2026-09-09 — Mint: **Sugar rush leaves packaged-food makers with bitter choices | Mint** — Sugar is the biggest raw material for companies that use it across candies, confectionery, chocolates, biscuits, baked goods, sweets and beverages. — [Source](https://www.livemint.com/industry/retail/sugar-costs-push-packaged-food-makers-towards-price-hikes-smaller-packs-11788839180703.html)
- 2026-09-08 — Times of India: **Robust GDP, record forex: Why economic boom is still taking a bite out of your breakfast** — India Business News: India’s economy clocked a herculean 7.8% growth in the April-June quarter of FY27. But is the average Indian feeling the boom?Despite global turbulenc. — [Source](https://timesofindia.indiatimes.com/business/india-business/robust-gdp-record-forex-why-economic-boom-is-still-taking-a-bite-out-of-your-breakfast/articleshow/133924981.cms)
- 2026-09-07 — Economic Times: **A bitter pill for sweet lovers as sugar prices put festive mithai, chocolates and biscuits at risk of a hike** — Consumer goods companies are planning price hikes due to high sugar costs. Bikaji Foods is already implementing a two percent increase on its sweets. Companies face significant cost increases compared to recent months. This pressure comes after previous price adjustments for commodity inflation. Further price increases or grammage cuts are anticipated in packaged foods. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fmcg/a-bitter-pill-for-sweet-lovers-as-sugar-prices-put-festive-mithai-chocolates-and-biscuits-at-risk-of-a-hike/articleshow/133865853.cms)
- 2026-09-06 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Monday** — Indian benchmark indices ended slightly higher on Friday, with the Sensex rising 363 points and Nifty closing below 23,898. Investors monitored global market cues, US economic data, and inflation reports, while stock-specific action drove intraday activity across major sectors in a sideways-moving market environment. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-monday/articleshow/133834844.cms)
- 2026-09-01 — CNBC-TV18: **Vardhman Textiles, Graphite India, ITC lead Nifty 500 gainers as Prestige Estates, KEI Industries fall at market open** — Some Nifty 500 stocks rallied at market open, led by a sharp volume spike in one counter, while others slid on profit booking — here's a look at today's top gainers and losers. — [Source](https://www.cnbctv18.com/market/nifty-500-top-gainers-losers-market-open-vardhman-textiles-graphite-india-itc-adani-green-19981152.htm)
- 2026-08-27 — BUSINESS: **Bikaji Foods rises after forging strategic partnership with bakery expert Thayekunni Khaleel** — Bikaji Foods International added 2.28% to Rs 624.65 after the company announced a strategic partnership with Thayekunni Khaleel, a world-renowned technical expert in the bakery industry, through Bikaji Bakes (BBPL). — [Source](https://www.business-standard.com/markets/capital-market-news/bikaji-foods-rises-after-forging-strategic-partnership-with-bakery-expert-thayekunni-khaleel-126082700179_1.html)
- 2026-08-06 — CNBC-TV18: **Bikaji Foods targets 15% profit margin in FY27, says COO Manoj Verma** — Bikaji Foods COO Manoj Verma said the Rajasthan-based FMCG company projects 15-16% value growth and 11% volume growth for the year, with focus-state markets outpacing core markets. Export shipments to the US declined due to rising freight costs, though demand remained steady. Bikaji plans to add 50,000 outlets this year and continues to see rapid growth on quick commerce channels. — [Source](https://www.cnbctv18.com/market/earnings/rajasthan-bikaji-foods-targets-15-profit-margin-in-fy27-coo-manoj-verma-q1-earnings-results-boardroom-19963278.htm)
- 2026-08-06 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty Defence index rises over 2%; HAL, Ideaforge top gainers** — Sensex Today | Stock Market LIVE Updates: The markets are once again moving on a cautious note, with the Nifty trading flat around the 24,600 mark. The Nifty Bank is also in the same state, trying to scale the 58,000 mark. Titan, Reliance and Eternal are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-hdfc-bank-aurobindo-cummins-biocon-pb-fintech-lic-trent-share-price-liveblog-19962846.htm)
- 2026-08-06 — CNBC-TV18: **Q1 Results LIVE Updates: Swiggy rises 5% on 5-year growth strategy; Ixigo, Lupin report today** — Q1 Results LIVE Updates; Trent, Britannia, Lupin, Samvardhana Motherson, Apollo Tyres, Blue Star, Premier Energies, HCC, NCC, PG Electroplast, Emcure Pharma, Firstsource Solutions are some of the many companies that will be reporting their results during the course of Thursday's trading session on Dalal Street. Result reactions today come from PB Fintech, Aurobindo Pharma, Cummins India, GE Vernova T&D, ION Exchange and many others. Watch this space for all the LIVE Q1 result updates, management and brokerage commentary along with stock moves. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-cummins-ge-vernova-td-pb-fintech-trent-britannia-hero-lupin-samil-pgel-apollo-tyres-sci-ncc-hcc-premier-energies-share-price-liveblog-19962840.htm)
- 2026-08-06 — The Hindu: **Sensex today | Stock Market Live: Stock to buy today: Tata Steel (₹191.25)** — Sensex, Nifty, Share Prices LIVE: Tata Steel is poised for a breakout above ₹193, with the potential to rally to ₹210. Buy at ₹191, accumulate near ₹187, and book profits at ₹210. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-6-august-2026/article71309748.ece)
- 2026-08-05 — CNBC-TV18: **Why Bikaji's booming sales didn't translate into higher profits this quarter** — Bikaji Foods reported 12.5% revenue growth in the June quarter, driven by strong demand for ethnic and western snacks. However, higher input costs weighed on profitability, leaving net profit largely unchanged despite improved gross margins. — [Source](https://www.cnbctv18.com/business/companies/bikaji-foods-q1-results-pat-flat-at-rs-60-crore-revenue-rises-12-5-pc-19962722.htm)

## Business profile

**Strategic vision:** Indian branded foods company specializing in snacks and sweets.

### Business segments
- **Traditional Indian Snacks:** This segment includes a diverse range of traditional savory snacks like Namkeens, Bhujia, and Papads, as well as sweets.
- **Western Snacks and Frozen Food:** The company has expanded its offerings to include Western snacks and frozen food items, catering to a broader market.
- **Foodservice:** Bikaji operates in the foodservice segment with restaurant sales and frozen/snack-based foodservice offerings.

### Competitive strengths
- Established brand recognition for traditional Indian snacks.
- Extensive manufacturing and distribution network across India.
- Presence in international markets catering to diaspora communities.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/bikaji
Markdown representation: https://faxioms.com/stocks/bikaji?render=md