| Management target | Revenue 16.0% FY27 |
|---|
| Revenue growth | 12.5% YoY growth; Q1 saw supply disruptions but June recovered sharply. |
|---|---|
| Margins | EBITDA margin at 13.5% vs 12.2% QoQ; supported by pricing actions. |
| Demand visibility | Strong outlook for festive months; high demand in Quick Commerce channels. |
| Management confidence | Confident but cautious; addressing supply vulnerabilities through decentralization. |
Growth
Revenue grew 12.5% YoY with 7.7% volume growth; Western snacks grew 21.3% while core ethnic snacks grew 11.4%.
Outlook
Management guides for 15-17% revenue growth and 13-13.5% EBITDA margins for the full year.
Risks
Raw material inflation in pulses and oil remains a pressure point; PLI benefits expire next fiscal year.
Last quarter's promises, checked
Delivered
- Guided 15% core market growth → delivered 11.4% (MISS)
- Guided 20% focus market growth → delivered 21.3% Western snacks (BEAT)
- Guided 100% E-com growth → delivered 75%+ (MISS)
Partly delivered
- Guided 3.5 lakh direct outlet reach → delivered 3.7 lakh (BEAT)
- Guided 13.7% EBITDA margin maintenance → delivered 13.5% (PARTIAL)
Missed
- Guided 15% sustainable revenue growth → delivered 12.5% (MISS)
- Guided 50-55% THF top line growth → delivered 50% (PARTIAL)
Earnings Call Transcript filed with BSE, NSE: BIKAJI. Summary written with AI assistance from the document.
Bikaji Foods International Ltd: key numbers
- Share price
- ₹484.15
- Market cap
- ₹12,139 Cr
- Revenue (annual)
- ₹2,994 Cr
- Net profit (annual)
- ₹258.3 Cr
- P/E (TTM)
- 47.0×Sector 42.5×
- Promoter holding
- 73.88%+0.00% QoQ
- FII holding
- 4.61%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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