Bikaji Foods International Ltd
Bikaji Foods International Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹731Cr
- +8.1% YoY
- Net profit
- ₹65Cr
- +109.7% YoY
- Margin
- 13%
- +5 pp YoY
Guidance rank: #18 of 32 in Food Products
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The short version
Bikaji expects overall volume growth in ethnic snacks category to be around 11-13% in recent quarters, supported by GST rate cuts and price/grammage adjustments. EBITDA margin expected to improve by at least 50 basis points next year (Page 15).
From Bikaji Foods International Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Bikaji expects overall volume growth in ethnic snacks category to be around 11-13% in recent quarters, supported by GST rate cuts and price/grammage adjustments.
- Focus states are targeted to grow at 15-17%, while core states are expected to grow at approximately 13% (double-digit growth).
- UP market, a key focus state, is growing faster than others at about 13-14%.
- The company aims for a double-digit market share (~11-11.5%) in the organized ethnic snack market over the next 3 to 5 years.
- Exports growth is expected to continue steadily with expansion into new large accounts in markets like the US, Canada, and the Middle East.
2 more points from Bikaji Foods International Ltd's call on revenue
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Profitability & Margins
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Capital Expenditure Plans
- Bikaji has committed close to INR 131 crore in Hazelnut Factory last year; INR 60 crore already invested.
- Additional INR 40 crore investment planned this year, increasing overall stake to ~48%.
- Formed a JV with T.K. Khaleel (30% stake to him, 70% to Bikaji) called Bikaji Bakes, focusing on bakery segment.
- Bikaji Bakes plant in Bangalore expected to be operational by end of current quarter.
- Bikaji Bakes is a futuristic investment targeting INR 100 crore revenue in ~3 years, focusing on premium breads, cakes, and frozen exports.
2 more points from Bikaji Foods International Ltd's call on capex
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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
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Order Book & Pipeline
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Bikaji Foods International Ltd — Quarterly revenue & net profit
Bikaji Foods International Ltd Q3 FY26 results — key figures
| ₹ Cr | Q3 FY26 | Q3 FY25 | YoY | Q2 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 731 | 676 | +8.1% | 796 | -8.2% |
| Operating profit (EBITDA) | 95 | 56 | +69.6% | 130 | -26.9% |
| Operating margin | 13% | 8% | +5 pp | 16% | -3 pp |
| Profit before tax | 84 | 42 | +100% | 109 | -22.9% |
| Net profit (PAT) | 65 | 31 | +109.7% | 78 | -16.7% |
| EPS (₹) | 2.58 | 1.23 | +109.8% | 3.10 | -16.8% |
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.
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What Bikaji Foods's management said in earlier quarters
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- Narmada Agrobase (Q3 FY26)
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- Megastar Foods Ltd (Q3 FY26)
Q3FY26 Revenue from Operations:** ₹14,121 lakhs . Key investor presentation takeaways from Megastar Foods's Q3 FY26 investor presentation — and how it ranks aga
Potential multibaggers · Q2 FY27
Potential multibaggers in Food Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Bikaji Foods International Ltd Q3 FY26 results?
Bikaji expects overall volume growth in ethnic snacks category to be around 11-13% in recent quarters, supported by GST rate cuts and price/grammage adjustments. EBITDA margin expected to improve by at least 50 basis points next year (Page 15).
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?
Bikaji has committed close to INR 131 crore in Hazelnut Factory last year; INR 60 crore already invested. - Additional INR 40 crore investment planned this year, increasing overall stake to ~48%. - Formed a JV with T.K.
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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.