Bikaji Foods International , a leading Indian snack food company, has delivered strong financial results for the first quarter, demonstrating resilience and growth in a competitive market.

Strong Financial Performance

The company reported a consolidated revenue growth of 15% year-over-year, with standalone growth reaching 11%. This impressive performance was driven by a 7.5% increase in sales volume, resulting in a total revenue of INR 653.00 crores for the quarter.

Bikaji's profitability also showed significant improvement:

The company's core category, ethnic snacks, grew by 11.20%, while exports surged by an impressive 60.80%. Family packs outperformed impulse packs with growth rates of 15.80% and 8.20% respectively.

Expansion and Market Penetration

Bikaji continues to expand its market reach, adding 15,000 new outlets during the quarter. This expansion has increased the company's direct coverage to 3.26 lakh outlets, strengthening its distribution network.

In a strategic move to capture the Nepal market, Bikaji announced a 50-50 joint venture with Nepal's CG Group. The partnership plans to invest INR 30.00 crores to establish local manufacturing facilities in Nepal, targeting INR 50.00 crores in revenue within two years.

Product Portfolio and Market Trends

The company reported improved demand recovery across rural and urban markets. This growth was supported by favorable raw material costs and recent price increases of 2.50% implemented by the company.

Bikaji's subsidiary, The Hazelnut Factory, is set for expansion with plans to reach 19-20 stores by year-end. The subsidiary is targeting an annual revenue run rate of INR 100.00 crores.

Future Outlook

Management cited positive factors contributing to the company's performance, including improved demand recovery, favorable raw material costs, and strategic price increases. With its strong financial results and expansion plans, Bikaji Foods International appears well-positioned for continued growth in the Indian snack food market.

The company's focus on expanding its distribution network, entering new markets through strategic partnerships, and capitalizing on the growing demand for both traditional and modern snack options suggests a promising outlook for the coming quarters.

Bikaji Foods International Limited , India's third-largest ethnic snacks manufacturer, has announced robust financial results for the first quarter of fiscal year 2026, along with strategic initiatives to fuel future growth.

Q1 FY26 Financial Highlights

The company reported a solid performance for the quarter ended June 30, 2025:

• Consolidated revenue from operations grew by 14.2% year-over-year to ₹652.67 crore
• EBITDA increased by 5.1% to ₹96.30 crore, with a margin of 14.8%
• Profit After Tax (PAT) rose by 1.3% to ₹58.50 crore
• Earnings per share (EPS) stood at ₹2.39

Segment Performance

Bikaji's product segments showed varied growth rates:

The company's focus markets experienced an 11.5% year-over-year growth, indicating successful expansion strategies.

Strategic Initiatives

Bikaji Foods has announced several key initiatives to drive future growth:

1. Nepal Joint Venture: The company has approved a Joint Venture cum Shareholders Agreement with C.G. Foods Nepal Limited. This partnership aims to establish a joint venture for manufacturing, trading, and marketing snacks, namkeen, bhujia, papad, and packaged sweets in Nepal.

2. CSR Foundation: Bikaji plans to incorporate a Section 8 Company (Non-Profit Organization) named "BIKAJI FOUNDATION" to implement social development programs and manage Corporate Social Responsibility (CSR) activities.

3. Subsidiary Loan: The company has approved a loan agreement of ₹5.00 crore with its wholly-owned subsidiary, Bikaji Bakes Private Limited, to meet working capital requirements.

4. Retail Expansion: Bikaji's retail business showed significant growth, with revenue increasing to ₹21.20 crore in Q1 FY26, up from ₹5.40 crore in the same quarter last year.

Management Commentary

Deepak Agarwal, Managing Director of Bikaji Foods International Limited, commented on the results: "Q1 FY26 showcased resilient growth with revenue rising 14.2% YoY, led primarily by the strong performance of Ethnic Snacks, which grew by 11.2% YoY. Demand remained healthy across all product categories, reinforcing the brand's strong positioning and appeal."

He also highlighted the company's export performance, stating, "Exports grew by 60.8% driven by an increased presence of our products across various countries."

Regarding future outlook, Agarwal added, "The Company remains confident about the business outlook and is committed to delivering long-term sustainable growth through innovation, market expansion, and deeper consumer engagement."

As Bikaji Foods continues to expand its product portfolio and geographical reach, the company appears well-positioned to capitalize on the growing demand for ethnic and western snacks in India and international markets.