Bikaji Foods International Ltd
Bikaji Foods International Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹796Cr
- +11.6% YoY
- Net profit
- ₹78Cr
- +8.3% YoY
- Margin
- 16%
- +1 pp YoY
Guidance rank: #18 of 32 in Food Products
See the sector's top 10 — free with your mobile number.
The short version
Capacity utilization target: Increase from current ~52% to 70-75% over next 3-4 years with volume growth of 10-12% YoY. Target to increase capacity utilization from current 52% to 70-75% over next 3-4 years, supporting volume growth of 10-12% year-on-year.
From Bikaji Foods International Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Capacity utilization target: Increase from current ~52% to 70-75% over next 3-4 years with volume growth of 10-12% YoY.
- Ethnic snacks: Targeting close to 15-16% growth over next 2 quarters and sustained high-teens growth in Q3 and Q4.
- Western snacks: Expecting growth of high teens in coming quarters/years despite recent category slowdown.
- Small packs (INR5/INR10): Continued focus with promotional campaigns to revive growth, viewed as recruit packs evolving to larger packs usage.
- Distribution reach: Aim to increase from ~3.5 lakh outlets this year to 5 lakh outlets over next 3 years, adding ~50,000 outlets annually primarily in core and focus states.
- Innovation/NPD contribution: Expect 2-3% of overall revenue from new products in next 12-18 months, with paneer bhujia as a key contributor.
2 more points from Bikaji Foods International Ltd's call on revenue
Create a free account to keep reading this call
Profitability & Margins
See what Bikaji Foods International Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Completed a capex cycle in FY '25, investing close to INR 500 Crores, including CMUs.
- Government granted a Production Linked Incentive (PLI) scheme of INR 261 Crores.
- No major capex expected in the next 2 to 2.5 years; only regular, smaller capex planned.
- Upcoming smaller capex mainly focused on:
- New product development (NPD) alignment.
2 more points from Bikaji Foods International Ltd's call on capex
Create a free account to keep reading this call
Top-ranked in Food Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Bikaji Foods International Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
See what Bikaji Foods International Ltd said on order book & pipeline — free account, 30 seconds.
Bikaji Foods International Ltd — Quarterly revenue & net profit
Bikaji Foods International Ltd Q2 FY26 results — key figures
| ₹ Cr | Q2 FY26 | Q2 FY25 | YoY | Q1 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 796 | 713 | +11.6% | 624 | +27.6% |
| Operating profit (EBITDA) | 130 | 109 | +19.3% | 99 | +31.3% |
| Operating margin | 16% | 15% | +1 pp | 16% | 0 pp |
| Profit before tax | 109 | 97 | +12.4% | 85 | +28.2% |
| Net profit (PAT) | 78 | 72 | +8.3% | 63 | +23.8% |
| EPS (₹) | 3.10 | 2.88 | +7.6% | 2.52 | +23% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹873 Cr, net profit ₹70 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Bikaji Foods's management said in earlier quarters
Others in Food Products this season
- Shivashrit Foods (Q2 FY26)
For H1 FY26, revenue from operations was ₹61.18 Cr, up 20% YoY from ₹50.79 Cr in H1 FY25 (Page 4). Key investor presentation takeaways from Shivashrit Foods's Q
- HMA Agro Industries (Q2 FY26)
Half-year revenue increased by 57% YoY, with consolidated EBITDA margin expanding from 1.48% to 6.10%. Key concall takeaways from HMA Agro Industries Ltd's Q2…
- Megastar Foods Ltd (Q2 FY26)
9,000 lakhs in Q2FY25, indicating ~53.3% YoY growth (Page 6). Key investor presentation takeaways from Megastar Foods's Q2 FY26 investor presentation — and how
- Dodla Dairy (Q2 FY26)
Value-added product sales (excluding bulk) showing positive momentum with a 22% YoY growth in Q2 FY '26. Key concall takeaways from Dodla Dairy Ltd's Q2 FY26…
Potential multibaggers · Q2 FY27
Potential multibaggers in Food Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Arthneeti Pro · Annual
Bikaji Foods International Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Bikaji Foods International Ltd Q2 FY26 results?
Capacity utilization target: Increase from current ~52% to 70-75% over next 3-4 years with volume growth of 10-12% YoY. Target to increase capacity utilization from current 52% to 70-75% over next 3-4 years, supporting volume growth of 10-12% year-on-year.
What is Bikaji Foods International Ltd share price analysis?
Bikaji Foods International Ltd currently shows a neutral. The stock trades at a P/E of 58.8 with a market cap of ₹16,305 Cr. Investors should review the full earnings analysis for detailed insights.
Is Bikaji Foods International Ltd planning capital expenditure?
Completed a capex cycle in FY '25, investing close to INR 500 Crores, including CMUs.
Keep Bikaji Foods International Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.