Summary

Bikaji Foods International, India’s third largest ethnic snacks manufacturer and the second fastest growing company in the Indian organized snacks market, announced its Financial Results for the Third quarter ended on December 31, 2025. The company reported a 10.7% YoY increase in revenue for Q3 FY26 and a 13.3% YoY increase for 9M FY26. The growth was primarily driven by the strong momentum in the Ethnic Snacks portfolio, which recorded growth of 13.3% in Q3 and 9.6% over the nine-month period.

Key Highlights

1. 1

   Revenue from operation grew 10.7% YoY to Rs. 7,900 mn with Volume growth of 8.4% YoY

2. 2

   EBITDA grew 77.1% YoY to Rs. 984 mn with a margin of 12.5%

3. 3

   Profit After Tax (PAT) grew 122.3% YoY to Rs. 622 mn

4. 4

   Export markets have grown by 39.1% YoY

5. 5

   Volume growth: 8.4% YoY

6. 6

   EBITDA grew 27.1 % to Rs. 3,228 mn with a margin of 14.2 %

7. 7

   Profit After Tax (PAT) grew 28.7 % to Rs. 1,984 mn

8. 8

   Ethnic Snacks: Revenue grew by 13.3 % YoY

9. 9

   Packaged Sweets: Revenue de-grew by 17.1% YoY

10. 10

    Western Snacks: Revenue grew by 22.6% YoY

11. 11

    Papad: Revenue grew by 14.6% YoY

12. 12

    Retail: Revenue of retail business almost doubled to reach INR 471 million

13. 13

    Ethnic Snacks: Revenue grew by 9.6% YoY

14. 14

    Packaged Sweets: Revenue grew by 8.1% YoY

15. 15

    Western Snacks: Revenue grew by 6.1% YoY

16. 16

    Papad: Revenue grew by 10.6% YoY

17. 17

    Retail: Revenue of retail business grew more than 150% and stood at INR 965 million