Bikaji Foods International Ltd Q3 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Published 5 Aug 2026 | Food Products | Market Cap: ₹16.3K Cr
Bikaji Foods targets volume growth of 13%-14% annually over the next 3-4 years, supported by capacity expansion and utilization improvements. Bikaji aims for volume growth of 13%-15% going forward, with a focus on increasing direct reach to about 3.5 lakh outlets. - The company expects recovery in margin by next two quarters, targeting gross margins around 30%-31%. - EBITDA margins faced pressure in Q3 due to raw material inflation but expected to improve in Q4 and stabilize thereafter. - Price hikes taken in Q3 (2%-2.5%) with more expected in Q4 to offset cost pressures. - Expansion plans include ramping up capacity to reach 65%-70% utilization over the next 3-4 years. - Newly acquired Hazelnut brand is projected to reach Rs.
From Bikaji Foods International Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Price
₹606
Market Cap
₹16.3K Cr
P/E Ratio
58.8
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Bikaji Foods International Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹721 Cr, net profit ₹56 Cr.
Full financials →📊 Revenue & Sales Performance
- →Bikaji Foods targets volume growth of 13%-14% annually over the next 3-4 years, supported by capacity expansion and utilization improvements.
- →The company aims to add close to 50,000 new outlets this year, targeting around 3 lakh outlets for direct reach, which supports revenue growth.
- →Western snacks, impacted in Q3 due to commodity prices, are expected to recover and grow again in Q4 as raw material costs normalize.
- →Revenue growth in FY’25 is anticipated to improve with price hikes of 1%-1.5% in Q4 to support margins amidst inflation.
- →Hazelnut brand (recent acquisition) is expected to contribute Rs. 90-100 Crores in top line next year with steady growth.
- →Overall, positive consumption trends, government budget benefits, and good commodity crops support optimistic sales/revenue growth in 4th quarter and beyond.
📈 Profitability & Margins
- →Bikaji aims for volume growth of 13%-15% going forward, with a focus on increasing direct reach to about 3.5 lakh outlets.
- →The company expects recovery in margin by next two quarters, targeting gross margins around 30%-31%.
- →EBITDA margins faced pressure in Q3 due to raw material inflation but expected to improve in Q4 and stabilize thereafter.
- →Price hikes taken in Q3 (2%-2.5%) with more expected in Q4 to offset cost pressures.
- →Expansion plans include ramping up capacity to reach 65%-70% utilization over the next 3-4 years.
- →Newly acquired Hazelnut brand is projected to reach Rs. 90-100 crore topline next year.
- →CAPEX of Rs. 40-50 crore planned primarily for efficiency and capacity improvements.
- →Overall, management is confident of returning to pre-inflation profitability levels by H1 FY26, driven by commodity cost normalization and pricing actions.
🏗️ Capital Expenditure Plans
- →Minimal CAPEX expected for the recently acquired Hazelnut brand as it already has good packing facilities and open outlets.
- →Overall Bikaji's CAPEX for FY ‘26-’27 is planned around Rs. 40-50 Crores aimed at building efficiency in the system.
- →No major new capacity additions planned; focus is on increasing utilization to 65%-70% for operational efficiency.
- →Expansion focus includes adding direct reach outlets, targeting close to 3 lakh outlets this year.
- →QSR (Quick Service Restaurant) outlets planned primarily in Rajasthan first; Delhi expansion expected after a 1-3 year timeline.
💰 Fundraising & Capital Structure
📋 Order Book & Pipeline
Key Metrics
Frequently Asked Questions
What were Bikaji Foods International Ltd Q3 FY25 results?
Bikaji Foods targets volume growth of 13%-14% annually over the next 3-4 years, supported by capacity expansion and utilization improvements. Bikaji aims for volume growth of 13%-15% going forward, with a focus on increasing direct reach to about 3.5 lakh outlets. - The company expects recovery in margin by next two quarters, targeting gross margins around 30%-31%. - EBITDA margins faced pressure in Q3 due to raw material inflation but expected to improve in Q4 and stabilize thereafter. - Price hikes taken in Q3 (2%-2.5%) with more expected in Q4 to offset cost pressures. - Expansion plans include ramping up capacity to reach 65%-70% utilization over the next 3-4 years. - Newly acquired Hazelnut brand is projected to reach Rs.
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?
Minimal CAPEX expected for the recently acquired Hazelnut brand as it already has good packing facilities and open outlets. - Overall Bikaji's CAPEX for FY ‘26-’27 is planned around Rs.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.