Bikaji Foods International Limited

Bikaji Foods International Limited

BIKAJINSE / BSEConsumer DiscretionarySmall Cap

₹451.75-₹9.20 (-2.0%)

Last close · Data as of Oct 30, 2026

Market cap
₹17,582 Cr
P/E
77.5x
EV / EBITDA
41.8x
Revenue
₹2,537 Cr
Net margin
11.8%
ROCE
29.0%

-38.6% over the last year

Bikaji Foods International Limited price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-13.4%
3M
-29.8%
6M
-33.3%
1Y
-38.6%
5Y
+42.5%

52-week range

Day change -₹9.20 (-2.0%) from ₹461 to ₹452 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in BIKAJI, bought on each weekday since 2022.

AI Summary

Indian Stock

Strengths1

  • Strong 5-year revenue CAGR of 16.4%

Concerns1

  • Net profit declined 21.5% year-over-year

Rule-based from financial data. Not advice.

About the company

Bikaji Foods International Limited, together with its subsidiaries, manufactures, purchases, and sells snack food products in India and internationally. It offers bhujia, namkeen, sweets, papad, pellets, chips, and other snacks, as well as frozen foods, gift packs, mathris, and cookies under the Bikaji brand. The company sells its products through supermarkets, hypermarkets, convenience stores, specialty outlets, and online platforms. The company was formerly known as Shivdeep Industries Ltd. Bikaji Foods International Limited was founded in 1986 and is headquartered in Bikaner, India.

Sector
Consumer Discretionary
Shares outstanding
25.0 Cr shares
ISIN
INE00E101023
BSE code
543653

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹17,582 Cr
P/E
77.5x
P/B
11.4x
EV / EBITDA
41.8x
EV / Sales
7.7x
P/S
7.7x
Earnings yield
1.3%
52-week high
₹760.20
52-week low
₹451.75

Profitability

Operating margin
17.2%
Net margin
11.8%
EBITDA margin
18.3%
ROE
22.0%
ROCE
29.0%
ROA
18.0%
Dividend payout
9.0%
Tax rate
24.0%
Other income, % of PBT
7.3%

Growth

Revenue
₹2,537 Cr
Revenue growth, 1Y
10.5%
Revenue CAGR, 5Y
16.4%
EBITDA
₹421 Cr
EBITDA growth, 1Y
79.9%
Net profit growth, 1Y
-21.5%
Net profit CAGR, 5Y
37.5%
Cash from operations
₹243 Cr
CFO growth, 1Y
37.3%
Free cash flow
₹14.0 Cr
Asset growth, 1Y
21.2%

Solvency and efficiency

Current ratio
5.34
Debt / Equity
0.11
Debt / Assets
0.09
Debt / EBITDA
0.33
Interest coverage
43.89
Financial leverage
1.23
CFO / Net profit
0.90
Cash / Market cap
3.9%
Cash per share
₹27.03
Asset turnover
1.53
Fixed asset turnover
3.05
Capital intensity
0.33
Debtor days
18 days
Inventory turnover
20.28
Cash conversion cycle
23 days

Where the revenue went

Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.

Bikaji Foods International Limited income statement flow, FY2025
Bikaji Foods International Limited income statement flow, FY2025: flows
FromToAmount
SalesExpenses₹2,199 Cr
SalesOperating profit₹338 Cr
Operating profitInterest₹11 Cr
Operating profitDepreciation₹69 Cr
Operating profitProfit before tax₹258 Cr
Other incomeProfit before tax₹29 Cr
Profit before taxTax and other₹74 Cr
Profit before taxNet profit₹212 Cr

Revenue and net profit

Revenue grew 10.5% in FY2025; net profit is the dashed line.

Bikaji Foods International Limited revenue and net profit by fiscal year
Bikaji Foods International Limited revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹1,308 Cr₹90 Cr
FY2022₹1,599 Cr₹80 Cr
FY2023₹1,944 Cr₹138 Cr
FY2024₹2,295 Cr₹270 Cr
FY2025₹2,537 Cr₹212 Cr

Cash flows

FY2025: ₹213 Cr from operations, ₹16.0 Cr free after investment (dashed).

Bikaji Foods International Limited operating and free cash flow by fiscal year
Bikaji Foods International Limited operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹121 Cr-₹8 Cr
FY2022₹60 Cr-₹160 Cr
FY2023₹177 Cr₹46 Cr
FY2024₹243 Cr₹36 Cr
FY2025₹213 Cr₹16 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹2,537 Cr+10.5%1Y
Net profit
₹212 Cr-21.5%1Y
Cash from operations
₹213 Cr
Free cash flow
₹16 Cr-55.6%1Y
Revenue CAGR, 5Y
16.4%
EBITDA CAGR, 5Y
32.8%
Net profit CAGR, 5Y
37.5%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹2,537 Cr₹338 Cr—₹212 Cr₹213 Cr₹16 Cr14.8%+10.5%-21.5%

Monthly returns

Month-by-month returns of BIKAJI across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹1,756 Cr
Equity capital₹25 Cr
Reserves₹1,405 Cr
Borrowings₹171 Cr
Other liabilities₹155 Cr
Assets₹1,756 Cr
Fixed assets₹736 Cr
Capital work in progress₹94 Cr
Investments₹185 Cr
Other assets₹741 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

  1. Bikaji Foods International Limited (this company)₹17,582 Cr
  2. TBO TEK LIMITED₹16,692 Cr

P/E against peers

BIKAJI trades at 77.5x earnings against a peer median of 55.4x (a 40% premium).

Not shown (no positive earnings and no EV / Sales): Devyani International Limited.

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
Bikaji Foods International LimitedBIKAJIthis companyP/E ↑ premium₹17,582 Cr77.5x11.4x22.0%41.8x
Urban Company LimitedURBANCO₹19,627 Cr86.8x7.1x-0.6%652.9x
Chalet Hotels LimitedCHALET₹19,121 Cr31.5x5.5x15.0%36.3x
Century Plyboards (India) Ltd.CENTURYPLY₹17,047 Cr61.9x6.7x14.4%32.0x
PG Electroplast LimitedPGEL₹16,904 Cr144.0x6.4x8.3%117.1x
TBO TEK LIMITEDTBOTEK₹16,692 Cr353.0x20.3x14.9%174.7x
Devyani International LimitedDEVYANI₹16,633 Cr—10.9x-0.6%35.7x
Crompton Greaves Consumer Electricals LimitedCROMPTON₹16,272 Cr33.0x4.5x14.5%22.1x
Kajaria Ceramics LtdKAJARIACER₹15,840 Cr48.1x5.7x14.8%24.6x
Peer median—55.4x6.3x11.8%36.3x

Year-to-date ROI

BIKAJI since 1 January, against earlier years.

Historical volatility

BIKAJI's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

Bikaji Foods International Limited operating margin by fiscal year
Bikaji Foods International Limited operating margin by fiscal year
DateOperating margin
FY202111.0%
FY20229.0%
FY202311.0%
FY202417.0%
FY202513.0%
LineFY2025
RevenueSales₹2,537 Cr
Costs
Interest₹11 Cr
Expenses₹2,199 Cr
Profit before tax₹286 Cr

Learn while you research

Academy chapters picked for Bikaji Foods International Limited and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Valuation Multiples ExplainedThis stock trades at a P/E of 77.5, learn when high multiples are justified.6 min read
  4. 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  5. 05 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read
  6. 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
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