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

Q1 FY26 Financial Highlights

The company's consolidated revenue from operations surged by 14.2% year-over-year to ₹652.67 crore for the quarter ended June 30, 2025. This growth was underpinned by a healthy volume increase of 7.5% compared to the same period last year.

Bikaji's profitability also showed improvement, with EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) growing by 5.1% to ₹96.30 crore. However, the EBITDA margin experienced a slight contraction of 128 basis points, settling at 14.8%.

The company's net profit after tax (PAT) saw a modest increase of 1.3% year-over-year, reaching ₹58.50 crore for the quarter.

Segment Performance

Ethnic snacks, Bikaji's core business segment, demonstrated strong performance with an 11.2% year-over-year revenue growth. This category now constitutes approximately 75.3% of the company's overall revenue.

Other segments also showed positive growth:

• Packaged sweets: 3.1% YoY growth, contributing 6.6% to overall revenue
• Western snacks: 4.2% YoY growth, making up 9.2% of revenue
• Papad: 5.8% YoY growth, accounting for 5.8% of revenue

Strategic Initiatives

Bikaji Foods has announced several strategic moves to drive future growth:

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

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. Divestment: During the quarter, Bikaji completed the divestment of its entire 51% stake in Bikaji Mega Food Park Private Limited, a non-material subsidiary.

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 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 snacks in India and international markets.

Bikaji Foods International Limited , a prominent player in the Indian snack food industry, has announced a series of strategic moves aimed at expanding its corporate social responsibility efforts, supporting its subsidiaries, and entering the Nepalese market.

Establishment of Bikaji Foundation

The Board of Directors has approved the incorporation of a Section 8 Company (Non-Profit Organization) to be named "BIKAJI FOUNDATION" or an alternative name as approved by the Ministry of Corporate Affairs. This new entity will be a wholly-owned subsidiary of Bikaji Foods International Limited and will focus on implementing social development programs and executing Corporate Social Responsibility (CSR) initiatives as outlined in Schedule VII of the Companies Act, 2013.

Financial Support to Subsidiary

In a move to strengthen its existing business operations, Bikaji Foods has approved a loan agreement with its wholly-owned subsidiary, Bikaji Bakes Private Limited. The unsecured loan of ₹5.00 crore is intended to meet the working capital requirements of Bikaji Bakes. The loan will be disbursed in tranches over a maximum period of 60 months, with the possibility of extension based on mutual agreement.

Joint Venture in Nepal

Expanding its footprint beyond Indian borders, Bikaji Foods has entered into a Joint Venture cum Shareholders Agreement with C. G. Foods Nepal Limited. This 50:50 joint venture aims to establish a new company in Nepal for the manufacturing, trading, and marketing of snacks, namkeen, bhujia, papad, and packaged sweets. The joint venture will leverage the brand names "BIKAJI" and "CG", combining the expertise of both companies to tap into the Nepalese market.

Financial Performance

For the quarter ended June 30, Bikaji Foods reported robust financial results:

The company demonstrated strong growth with an 11.06% year-on-year increase in revenue from operations and a 5.96% rise in profit for the period.

Consolidated Performance

On a consolidated basis, Bikaji Foods and its subsidiaries reported:

The consolidated figures show a significant 14.87% growth in revenue from operations, reflecting the strong performance across the group's businesses.

These strategic initiatives and financial results underscore Bikaji Foods' commitment to growth, social responsibility, and market expansion. The company's move into Nepal and its focus on CSR through the new foundation indicate a balanced approach to business development and community engagement.