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.

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.