Bikaji Foods Q1 Results: Profit Rises Slightly, Margin Contracts

Bikaji Foods International Ltd.'s consolidated net profit rose 2.8% during the quarter ended June 30 of fiscal 2026.

The FMCG firm posted a bottom line of Rs 59.9 crore in the first quarter, compared to Rs 58.3 crore in the same period last year, according to an exchange filing on Wednesday.

Bikaji Foods Q1 FY26 Highlights (Consolidated, YoY)

• Revenue up 14.2% at Rs 653 crore versus Rs 572 crore.

• Net profit up 2.8% at Rs 59.9 crore versus Rs 58.3 crore.

• Ebitda up 5% at Rs 96.2 crore versus Rs 91.6 crore.

• Margin at 14.7% versus 16%.

"Demand remained healthy across all product categories, reinforcing the brand's strong positioning and appeal," Deepak Agarwal, managing director of Bikaji Foods, said.

Agarwal highlighted that the company's exports grew 60.8%, driven by an increased presence of its products across various countries.

"To mitigate inflationary pressures and improve margins, the company undertook strategic initiatives, including selective price hikes and cost efficiency programmes," he said.

Segments Review

Under the ethnic snacks segment, Bikaji Foods' revenue climbed 11.2%, constituting around 75.3% of the company's overall revenue.

The top line for its packed sweets vertical rose 3.1% year-on-year, representing 6.6% of the overall revenue. Its western snacks and papad portfolio rose 4.2% and 5.8% respectively, forming 9.2% and 5.8% of the overall top line growth.

Shares of Bikaji Foods closed 3.39% higher at Rs 788.65 apiece on the NSE, compared to a 0.63% rise in the benchmark Nifty. The stock has risen 11.04% in the last 12 months 1.18% on a year-to-date basis.

All seven analysts tracking the company have a 'buy' rating on the stock, according to Bloomberg data. The average of 12-month analysts' price targets implies a potential upside of 3.6%.

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