Bikaji Foods International Ltd

Bikaji Foods International Ltd. announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company reported a robust performance with revenue from operations growing by 12.5% year-on-year to INR 7,343 million, driven by healthy volume growth of 7.7%. Despite elevated input costs, EBITDA stood at INR 990 million with a 13.5% margin, and Profit After Tax (PAT) was INR 595 million with an 8.1% margin. The Ethnic Snacks category contributed 75.7% to revenue, growing 11.4% YoY, while Western Snacks saw a significant 21.3% YoY increase. The company also expanded its direct coverage to approximately 3.7 lakh outlets. Management expressed confidence in sustaining profitable growth.

Bikaji Foods International Ltd announced a significant expansion and diversification strategy following a Board of Directors meeting on August 5, 2026. The company has entered into a Joint Venture cum Shareholders Agreement with Nepal-based C.G. Savory Corp Private Limited to form 'C.G. Bikaji Private Limited'. This JV will focus on manufacturing, trading, and marketing snacks, namkeen, bhujia, papad, and packaged sweets within Nepal, with both parties holding a 50:50 stake. Bikaji Foods will invest up to ₹15,00,00,000 in this venture. Additionally, the company approved the incorporation of a Wholly-Owned Subsidiary in Abu Dhabi, UAE, and the grant of 1,00,000 stock options to eligible employees under its ESOP scheme.

Bikaji Foods International Ltd has entered into a Joint Venture cum Shareholders Agreement with Nepal-based C.G. Savory Corp Private Limited to form C.G. Bikaji Private Limited. This JV will focus on manufacturing, trading, and marketing snacks, namkeen, bhujia, papad, and packaged sweets within Nepal with a 50:50 stake. Bikaji Foods will invest up to ₹15,00,00,000 in this venture. Additionally, the company approved the incorporation of a Wholly-Owned Subsidiary in Abu Dhabi, UAE, and the grant of 1,00,000 stock options to eligible employees under its ESOP scheme.

Bikaji Foods International Ltd announced board approval for a significant investment of up to ₹15 crore in C.G. Bikaji Private Limited, a new joint venture company in Nepal. This JV, formed with Nepal's C.G. Savory Corp Private Limited, aims to manufacture, trade, and market snacks, namkeen, bhujia, papad, and packaged sweets within Nepal. The company also approved the incorporation of a wholly-owned subsidiary in Abu Dhabi, UAE, and the grant of 1,00,000 stock options to employees under its ESOP scheme at an exercise price of ₹500 per option.

Bikaji Foods International Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved the financial results and took note of the limited review report. Additionally, the company approved an investment of up to ₹15 crore in its Nepal joint venture, C.G. Bikaji Private Limited, and the incorporation of a wholly-owned subsidiary in Abu Dhabi, UAE. The company also approved the grant of 1,00,000 stock options to eligible employees under its ESOP Scheme 2021. The trading window for designated persons will open from August 8, 2026.

Bikaji Foods International Ltd announced its Board of Directors has approved the incorporation of a wholly-owned subsidiary in Abu Dhabi, United Arab Emirates. This strategic move is part of the company's broader expansion plans. The Board also approved an investment of ₹15,00,00,000 in C.G. Bikaji Private Limited, a Joint Venture Company in Nepal, and took note of the Joint Venture cum Shareholders Agreement with C.G. Savory Corp Private Limited. Additionally, 1,00,000 stock options were approved for eligible employees under the Bikaji Employees Stock Option Scheme 2021.

Bikaji Foods International Ltd announced the approval of granting 1,00,000 stock options to eligible employees under its Bikaji Employees Stock Option Scheme 2021 – Scheme I. The options will vest according to the scheme's schedule, with a 1:1 ratio of options to equity shares. The exercise price is set at ₹500 per option, with a face value of ₹1 per equity share. The Board also noted a Joint Venture cum Shareholders Agreement with C.G. Savory Corp Private Limited, approved investment in a Nepalese JV company, and the incorporation of a wholly-owned subsidiary in Abu Dhabi.

Bikaji's consolidated revenue from operations came in at ₹734.26 Cr for Q1 FY27, up 12.5% YoY from ₹652.67 Cr and up 1.9% QoQ from ₹720.88 Cr — steady topline momentum. But consolidated PAT (profit for the period, inclusive of a ₹0.67 Cr NCI loss) rose just 1.6% YoY to ₹59.47 Cr from ₹58.53 Cr, even as it climbed 6.1% QoQ from ₹56.04 Cr. Profit growth trailing revenue growth by roughly 11 points YoY is the headline: operating margin (EBITDA/revenue) came in at 13.49% versus 14.75% a year ago — a ~127bps YoY compression, though up from 12.17% in Q4 FY26. Net margin similarly slipped to 7.96% from 8.83% YoY (up from 7.59% QoQ). No exceptional items sat in either the current or year-ago quarter, so this is a clean operating-margin story, not a base-effect artifact. The compression traces to input costs: cost of materials consumed rose to 65.6% of revenue from operations this quarter versus 62.0% a year ago, a jump the company has not offset via pricing or mix. Standalone (parent-only) profitability tells a better story — PAT of ₹64.57 Cr on revenue of ₹678.17 Cr, ahead of the consolidated figure — implying the nine consolidated subsidiaries collectively diluted group profitability, consistent with the auditors' note that unreviewed subsidiaries posted a combined ₹5.16 Cr net loss for the quarter. Management's Q4 FY26 call had guided to maintaining gross margins despite inflationary pressure and targeted ~16% FY26 volume growth; this print's YoY margin compression runs counter to that stated goal, even as the sequential (QoQ) uptick in both OPM and NPM suggests some stabilization within the quarter. No management press release or post-results commentary was available in the context to corroborate volume trends or reconcile the margin miss, so the cost-pressure read rests on the P&L math alone. We found no analyst/street consensus estimates to benchmark this print against. Same-day board actions layered on top of the results: approval of a ₹15 Cr investment in the C.G. Bikaji Nepal JV, incorporation of a wholly-owned Abu Dhabi subsidiary, and a fresh grant of 1,00,000 ESOPs — continued expansion-stage capital deployment even as core margins came under pressure. The company also closed out the just-completed 74% acquisition of Jai Barbareek Dev Snacks (effective July 2, 2026), which will enter the consolidated base from Q2 FY27.

Bikaji Foods International Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, in compliance with SEBI regulations. The report, which includes an independent assurance from Dhadda & Associates, covers standalone disclosures for the entity's owned facilities. The company's primary business activities include processed foods such as bhujia, namkeen, sweets, and western snacks, accounting for 100% of its turnover. The BRSR details operations across 10 owned facilities in India and markets served nationally across 34 locations and internationally in 47 countries, with exports contributing 3.96% to turnover. The report also outlines customer base diversity and employee information.

Bikaji Foods International Ltd has announced its 31st Annual General Meeting (AGM) will be held on Thursday, August 20, 2026, at 11:30 AM IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The notice of the AGM, which includes the audited standalone and consolidated financial statements for the financial year 2025-26, is being sent electronically to members with registered email addresses and via a web-link for others. E-voting will commence on August 17, 2026, and conclude on August 19, 2026. The cut-off date for determining voting eligibility is August 13, 2026.