Q1 FY26- Bikaji Foods International Limited

Bikaji Foods International Limited  

Q1FY26: Revenue up by 14.2% YoY; Gross margin at 35.0%; EBITDA margin at 14.8%

Mumbai, 23rd July 2025: Bikaji Foods International Limited (Bikaji), India’s third largest ethnic snacks manufacturer and the second fastest growing company in the Indian organized snacks market, today announced its Audited Standalone and Consolidated Financial Results of the Company for the first quarter ended on June 30, 2025.

Q1FY26 Financial Performance Summary: 

• Revenue from operation grew 14.2% YoY to Rs. 6,527 mn with Volume growth of 7.5% YoY

• EBITDA grew 5.1% YoY to Rs. 963 mn with a margin of 14.8% (down 128 bps YoY)

• Profit After Tax (PAT) grew 1.3% YoY to Rs. 585 mn

• Earnings per share (EPS) (Basic) stood at Rs. 2.39

Q1FY26 Business Segments Review:

• Ethnic Snacks: Revenue grew by 11.2% YoY; constitutes ~75.3% of overall revenue

• Packaged Sweets: Revenue grew by 3.1% YoY; constitutes ~6.6% of overall revenue

• Western Snacks: Revenue grew by 4.2% YoY; constitutes ~9.2% of overall revenue 

• Papad: Revenue grew by 5.8% YoY; constitutes ~5.8% of overall revenue

• Retail: Revenue of retail business stood at INR 212 million

Mr. Deepak Agarwal, Managing Director said “Q1 FY26 showcased resilient growth with revenue rising 14.2% YoY, led primarily by the strong performance of Ethnic Snacks, which grew by 11.2% YoY. Demand remained healthy across all product categories, reinforcing the brand’s strong positioning and appeal. Exports grew by 60.8% driven by an increased presence of our products across various countries. Further, to mitigate inflationary pressures and improve margins, the Company undertook strategic initiatives including selective price hikes and cost efficiency programs. These efforts contributed to sustaining the growth momentum, particularly in our core categories. Our retail stores have also started contributing meaningfully, we have seen a good YoY growth in revenues. The Company remains confident about the business outlook and is committed to delivering long-term sustainable growth through innovation, market expansion, and deeper consumer engagement.”