Bikaji Foods International Reports Strong Q2 Performance and Approves Strategic Transactions
Bikaji Foods International announced robust Q2 results with revenue up 11.27% to ₹7.90 billion and net profit increasing 8.68% to ₹776.00 million. EBITDA rose 18.18% to ₹1.30 billion, with margin expanding to 16.40%. The company approved acquiring 48.78% additional stake in Petunt Food Processors, a $5 lakh investment in its US subsidiary, and sanctioned loans to subsidiaries for expansion and operational needs.

*this image is generated using AI for illustrative purposes only.
Bikaji Foods International , a prominent player in the Indian snack food industry, has announced its financial results for the second quarter, showcasing robust growth across key metrics. The company has also approved several strategic transactions to strengthen its market position.
Financial Performance
Bikaji Foods International demonstrated strong financial performance in the second quarter:
| Metric | Q2 (Current) | Q2 (Previous Year) | YoY Change |
|---|---|---|---|
| Revenue | ₹7.90 billion | ₹7.10 billion | 11.27% |
| Net Profit | ₹776.00 million | ₹714.00 million | 8.68% |
| EBITDA | ₹1.30 billion | ₹1.10 billion | 18.18% |
| EBITDA Margin | 16.40% | 15.19% | 121 bps |
The company's revenue saw a significant year-over-year increase of 11.27%, rising from ₹7.10 billion to ₹7.90 billion. This growth was accompanied by a notable improvement in profitability, with net profit climbing 8.68% from ₹714.00 million to ₹776.00 million.
Bikaji's operational efficiency also showed marked improvement, as evidenced by the rise in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) from ₹1.10 billion to ₹1.30 billion, representing an 18.18% increase. The EBITDA margin expanded by 121 basis points, reaching 16.40% compared to 15.19% in the same quarter of the previous year.
Strategic Transactions and Expansion
Bikaji Foods International's Board has approved several key transactions to expand its business operations:
Stake Acquisition: The company plans to acquire an additional 48.78% stake in Petunt Food Processors Private Limited (PFPPL) for ₹8 crore. This acquisition aims to make PFPPL a wholly-owned subsidiary of Bikaji. PFPPL operates in the FMCG sector, manufacturing food products including sweets and namkeen, and reported a turnover of ₹52.07 crore for the year ended March 31.
International Expansion: Bikaji approved a $5 lakh investment in its US subsidiary, Bikaji Foods International USA Corp, through 50,000 common stocks. This move signals the company's commitment to expanding its presence in the international market, particularly in the United States.
Loan Agreements: The company sanctioned two loan agreements:
- ₹4 crore to PFPPL for working capital requirements
- ₹2.5 crore to Dadiji Snacks Private Limited to cover fire incident expenses Both loans carry an 8% annual interest rate with a maximum 60-month tenure.
These strategic decisions demonstrate Bikaji Foods International's focus on both domestic growth and international expansion, potentially setting the stage for long-term business development and market share growth.
The company's strong financial performance, coupled with these strategic investments and acquisitions, suggests that Bikaji Foods International is positioning itself for sustained growth in the competitive snack food industry. As the company continues to expand its operations and strengthen its market presence, investors and industry observers will likely keep a close watch on its future performance and strategic moves.
Historical Stock Returns for Bikaji Foods International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.99% | -0.10% | -1.60% | -0.69% | -4.82% | +127.31% |













































