Bikaji Foods International Ltd.
•₹ 605.75-0.21%
2026-08-21
PROS
- Company has delivered good profit growth of 24.6% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 24.3%
- Company has delivered good sales growth of 16.6% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.00x)
- Company comfortably covers its interest (31.2x coverage)
- Company generates healthy free cash flow
CONS
- Total debt has risen sharply - up 39.4% year on year
- Stock is trading at 9.3x its book value
- Though reporting repeated profits, the company pays out little dividend (11.6%)
- Expensive relative to growth - PEG of 2.3
- Rich enterprise valuation - EV/EBITDA of 34.0x
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | NESTLEIND | 1456.65 | 73.70 | 280887.91 | 0.82 | 9586.80 | 1382.67 | 63781.80 | 1157.04 | 98.35 | 23.86 |
| 2. | VBL | 438.00 | 43.75 | 148151.96 | 0.34 | 1525.36 | 15.08 | 8650.57 | 20.77 | 20.73 | 27.04 |
| 3. | BRITANNIA | 5549.00 | 51.33 | 133657.82 | 1.63 | 593.38 | 14.08 | 4999.97 | 10.26 | 56.48 | 16.77 |
| 4. | JUBLFOOD | 507.90 | 77.23 | 33513.54 | 0.24 | 100.03 | 6.03 | 2569.65 | 13.66 | 25.56 | 19.77 |
| 5. | HATSUN | 964.45 | 61.68 | 21482.96 | 1.66 | 60.58 | — | 2363.72 | 17.61 | 14.60 | 10.81 |
| 6. | DEVYANI | 147.70 | 0.00 | 18210.52 | 0.00 | 171.04 | 7576.84 | 15805.16 | 1064.74 | 8.98 | 16.09 |
| 7. | ZYDUSWELL | 501.60 | 84.80 | 15958.94 | 0.24 | 118.90 | -7.04 | 1437.00 | 67.54 | 4.42 | 16.82 |
| 8. | BIKAJI | 606.50 | 58.83 | 15207.16 | 0.21 | 59.47 | 1.62 | 734.26 | 15.26 | 21.65 | 13.48 |
| 9. | LTFOODS | 430.80 | 23.36 | 14959.66 | 0.70 | 183.45 | 8.87 | 3151.83 | 27.92 | 21.42 | 11.26 |
| 10. | MILKYMIST | 184.25 | 111.68 | 14184.36 | 0.00 | — | — | — | — | 13.79 | — |
| 11. | MANORAMA | 1957.75 | 50.10 | 12357.79 | 0.04 | 78.66 | 67.55 | 404.01 | 39.53 | 19.70 | 26.29 |
| 12. | KWIL | 43.47 | 0.00 | 10213.67 | 0.00 | 50.70 | 354.77 | 878.30 | 99.34 | — | 11.77 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 477 | 597 | 613 | 513 | 548 | 698 | 660 | 568 | 608 | 780 | 717 | 654 | 678 | |
| 412 | 509 | 537 | 445 | 472 | 606 | 621 | 506 | 525 | 665 | 636 | 577 | 602 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 6 | 6 | 6 | 11 | 7 | 8 | 6 | 7 | 8 | 10 | 10 | 14 | 11 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 3 | 2 | 3 |
| Depreciation | 13 | 15 | 15 | 15 | 17 | 18 | 18 | 18 | 18 | 18 | 18 | 19 | 19 |
| 58 | 78 | 65 | 155 | 80 | 96 | 41 | 65 | 85 | 109 | 84 | 84 | 87 | |
| Tax % | 25.43% | 21.58% | 24.38% | 24.92% | 25.87% | 25.86% | 25.86% | 25.39% | 25.57% | 28.83% | 23.11% | 24.16% | 25.69% |
| Net Profit | 43 | 61 | 49 | 116 | 60 | 71 | 30 | 48 | 63 | 78 | 65 | 64 | 65 |
| 2 | 2 | 2 | 5 | 2 | 3 | 1 | 2 | 3 | 3 | 3 | 3 | 0 | |
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 477
- 412
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 2
- Depreciation
- 13
- 58
- Tax %
- 25.43%
- Net Profit
- 43
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 597
- 509
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 2
- Depreciation
- 15
- 78
- Tax %
- 21.58%
- Net Profit
- 61
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 613
- 537
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 2
- Depreciation
- 15
- 65
- Tax %
- 24.38%
- Net Profit
- 49
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 513
- 445
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 2
- Depreciation
- 15
- 155
- Tax %
- 24.92%
- Net Profit
- 116
- 5
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 548
- 472
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 2
- Depreciation
- 17
- 80
- Tax %
- 25.87%
- Net Profit
- 60
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 698
- 606
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 2
- Depreciation
- 18
- 96
- Tax %
- 25.86%
- Net Profit
- 71
- 3
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 660
- 621
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 3
- Depreciation
- 18
- 41
- Tax %
- 25.86%
- Net Profit
- 30
- 1
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 568
- 506
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 3
- Depreciation
- 18
- 65
- Tax %
- 25.39%
- Net Profit
- 48
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 608
- 525
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 3
- Depreciation
- 18
- 85
- Tax %
- 25.57%
- Net Profit
- 63
- 3
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 780
- 665
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 4
- Depreciation
- 18
- 109
- Tax %
- 28.83%
- Net Profit
- 78
- 3
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 717
- 636
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 3
- Depreciation
- 18
- 84
- Tax %
- 23.11%
- Net Profit
- 65
- 3
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 654
- 577
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 2
- Depreciation
- 19
- 84
- Tax %
- 24.16%
- Net Profit
- 64
- 3
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 678
- 602
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 3
- Depreciation
- 19
- 87
- Tax %
- 25.69%
- Net Profit
- 65
- 0
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 608 | 781 | 902 | 1,075 | 1,308 | 1,599 | 1,944 | 2,295 | 2,541 | 2,817 | 2,829 | |
| 534 | 681 | 810 | 981 | 1,163 | 1,456 | 1,732 | 1,900 | 2,204 | 2,402 | 2,480 | |
| Operating Profit | 80 | 105 | 102 | 102 | 156 | 152 | 234 | 421 | 364 | 457 | — |
| OPM % | 13 | 13 | 11 | 10 | 12 | 10 | 12 | 18 | 14 | 16 | — |
| Other Income | 6 | 5 | 10 | 8 | 11 | 10 | 22 | 26 | 28 | 41 | 45 |
| Interest | 3 | 5 | 4 | 5 | 3 | 7 | 9 | 9 | 11 | 12 | 12 |
| Depreciation | 12 | 17 | 22 | 34 | 33 | 37 | 45 | 56 | 70 | 73 | 74 |
| 64 | 82 | 76 | 62 | 120 | 109 | 181 | 356 | 282 | 362 | 364 | |
| Tax % | 32 | 35 | 33 | 11 | 25 | 27 | 23 | 24 | 26 | 26 | 26 |
| Net Profit | 44 | 53 | 51 | 55 | 90 | 80 | 138 | 270 | 210 | 269 | 270 |
| EPS | 19 | 23 | 21 | 2 | 4 | 3 | 6 | 11 | 8 | 11 | — |
| Dividend Payout % | 11 | 9 | 10 | 9 | 5 | 9 | 14 | 9 | 12 | 12 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 2 | 2 | 2 | 4 | 3 | 6 | 11 | 8 | 11 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 2 | 2 | 2 | 4 | 3 | 6 | 11 | 8 | 11 | — |
Mar 2017
- 608
- 534
- Operating Profit
- 80
- OPM %
- 13
- Other Income
- 6
- Interest
- 3
- Depreciation
- 12
- 64
- Tax %
- 32
- Net Profit
- 44
- EPS
- 19
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2018
- 781
- 681
- Operating Profit
- 105
- OPM %
- 13
- Other Income
- 5
- Interest
- 5
- Depreciation
- 17
- 82
- Tax %
- 35
- Net Profit
- 53
- EPS
- 23
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 902
- 810
- Operating Profit
- 102
- OPM %
- 11
- Other Income
- 10
- Interest
- 4
- Depreciation
- 22
- 76
- Tax %
- 33
- Net Profit
- 51
- EPS
- 21
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 1,075
- 981
- Operating Profit
- 102
- OPM %
- 10
- Other Income
- 8
- Interest
- 5
- Depreciation
- 34
- 62
- Tax %
- 11
- Net Profit
- 55
- EPS
- 2
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2021
- 1,308
- 1,163
- Operating Profit
- 156
- OPM %
- 12
- Other Income
- 11
- Interest
- 3
- Depreciation
- 33
- 120
- Tax %
- 25
- Net Profit
- 90
- EPS
- 4
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2022
- 1,599
- 1,456
- Operating Profit
- 152
- OPM %
- 10
- Other Income
- 10
- Interest
- 7
- Depreciation
- 37
- 109
- Tax %
- 27
- Net Profit
- 80
- EPS
- 3
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2023
- 1,944
- 1,732
- Operating Profit
- 234
- OPM %
- 12
- Other Income
- 22
- Interest
- 9
- Depreciation
- 45
- 181
- Tax %
- 23
- Net Profit
- 138
- EPS
- 6
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2024
- 2,295
- 1,900
- Operating Profit
- 421
- OPM %
- 18
- Other Income
- 26
- Interest
- 9
- Depreciation
- 56
- 356
- Tax %
- 24
- Net Profit
- 270
- EPS
- 11
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2025
- 2,541
- 2,204
- Operating Profit
- 364
- OPM %
- 14
- Other Income
- 28
- Interest
- 11
- Depreciation
- 70
- 282
- Tax %
- 26
- Net Profit
- 210
- EPS
- 8
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2026
- 2,817
- 2,402
- Operating Profit
- 457
- OPM %
- 16
- Other Income
- 41
- Interest
- 12
- Depreciation
- 73
- 362
- Tax %
- 26
- Net Profit
- 269
- EPS
- 11
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
TTM
- 2,829
- 2,480
- Operating Profit
- —
- OPM %
- —
- Other Income
- 45
- Interest
- 12
- Depreciation
- 74
- 364
- Tax %
- 26
- Net Profit
- 270
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 18%
- 5 Years:
- 17%
- 3 Years:
- 13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 21%
- 5 Years:
- 25%
- 3 Years:
- 25%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 7%
- 1 Year:
- -22%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 17%
- 3 Years:
- 19%
- Last Year:
- 17%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 23 | 23 | 24 | 24 | 24 | 25 | 25 | 25 | 25 | 25 |
| 236 | 284 | 446 | 504 | 580 | 795 | 923 | 1,197 | 1,391 | 1,644 | |
| 53 | 76 | 28 | 22 | 65 | 82 | 65 | 65 | 119 | 188 | |
| Trade Payables | 18 | 22 | 29 | 14 | 39 | 41 | 51 | 50 | 52 | 46 |
| 124 | 137 | 121 | 178 | 94 | 263 | 177 | 166 | 166 | 146 | |
| Total Liabilities | 455 | 541 | 648 | 742 | 803 | 1,206 | 1,240 | 1,503 | 1,753 | 2,050 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 228 | 310 | 393 | 400 | 402 | 476 | 602 | 748 | 751 | 724 | |
| Capital Work in Progress | 83 | 47 | 13 | 3 | 33 | 48 | 70 | 12 | 92 | 147 |
| 2 | 3 | 3 | 37 | 87 | 146 | 41 | 60 | 180 | 238 | |
| 26 | 31 | 38 | 36 | 56 | 70 | 75 | 71 | 88 | 95 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110 | 94 | 105 | |
| Cash & Bank | 1 | 67 | 103 | 88 | 87 | 89 | 96 | 175 | 190 | 248 |
| 116 | 83 | 97 | 178 | 138 | 378 | 358 | 326 | 359 | 493 | |
| Total Assets | 455 | 541 | 648 | 742 | 803 | 1,206 | 1,240 | 1,503 | 1,753 | 2,050 |
| Total Debt | 117 | 142 | 73 | 52 | 82 | 122 | 112 | 91 | 135 | 188 |
| Net Working Capital | 15 | 8 | 116 | 110 | 78 | 156 | 207 | 300 | 398 | 457 |
| Contingent Liabilities | 0 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 8 | 8 |
| Book Value per Share | 111.22 | 131.62 | 193.25 | 217.28 | 248.54 | 32.86 | 37.98 | 48.79 | 56.50 | 66.58 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 117 | 142 | 73 | 52 | 82 | 122 | 112 | 91 | 135 | 188 |
| Net Working Capital | 15 | 8 | 116 | 110 | 78 | 156 | 207 | 300 | 398 | 457 |
| Contingent Liabilities | 0 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 8 | 8 |
| Book Value per Share | 111.22 | 131.62 | 193.25 | 217.28 | 248.54 | 32.86 | 37.98 | 48.79 | 56.50 | 66.58 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 23
- 236
- 53
- Trade Payables
- 18
- 124
- Total Liabilities
- 455
- 228
- Capital Work in Progress
- 83
- 2
- 26
- 0
- Cash & Bank
- 1
- 116
- Total Assets
- 455
- Total Debt
- 117
- Net Working Capital
- 15
- Contingent Liabilities
- 0
- Book Value per Share
- 111.22
- Face Value
- 10.00
- Total Debt
- 117
- Net Working Capital
- 15
- Contingent Liabilities
- 0
- Book Value per Share
- 111.22
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 23
- 284
- 76
- Trade Payables
- 22
- 137
- Total Liabilities
- 541
- 310
- Capital Work in Progress
- 47
- 3
- 31
- 0
- Cash & Bank
- 67
- 83
- Total Assets
- 541
- Total Debt
- 142
- Net Working Capital
- 8
- Contingent Liabilities
- 1
- Book Value per Share
- 131.62
- Face Value
- 10.00
- Total Debt
- 142
- Net Working Capital
- 8
- Contingent Liabilities
- 1
- Book Value per Share
- 131.62
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 24
- 446
- 28
- Trade Payables
- 29
- 121
- Total Liabilities
- 648
- 393
- Capital Work in Progress
- 13
- 3
- 38
- 0
- Cash & Bank
- 103
- 97
- Total Assets
- 648
- Total Debt
- 73
- Net Working Capital
- 116
- Contingent Liabilities
- 2
- Book Value per Share
- 193.25
- Face Value
- 10.00
- Total Debt
- 73
- Net Working Capital
- 116
- Contingent Liabilities
- 2
- Book Value per Share
- 193.25
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 24
- 504
- 22
- Trade Payables
- 14
- 178
- Total Liabilities
- 742
- 400
- Capital Work in Progress
- 3
- 37
- 36
- 0
- Cash & Bank
- 88
- 178
- Total Assets
- 742
- Total Debt
- 52
- Net Working Capital
- 110
- Contingent Liabilities
- 2
- Book Value per Share
- 217.28
- Face Value
- 10.00
- Total Debt
- 52
- Net Working Capital
- 110
- Contingent Liabilities
- 2
- Book Value per Share
- 217.28
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 24
- 580
- 65
- Trade Payables
- 39
- 94
- Total Liabilities
- 803
- 402
- Capital Work in Progress
- 33
- 87
- 56
- 0
- Cash & Bank
- 87
- 138
- Total Assets
- 803
- Total Debt
- 82
- Net Working Capital
- 78
- Contingent Liabilities
- 2
- Book Value per Share
- 248.54
- Face Value
- 10.00
- Total Debt
- 82
- Net Working Capital
- 78
- Contingent Liabilities
- 2
- Book Value per Share
- 248.54
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 25
- 795
- 82
- Trade Payables
- 41
- 263
- Total Liabilities
- 1,206
- 476
- Capital Work in Progress
- 48
- 146
- 70
- 0
- Cash & Bank
- 89
- 378
- Total Assets
- 1,206
- Total Debt
- 122
- Net Working Capital
- 156
- Contingent Liabilities
- 2
- Book Value per Share
- 32.86
- Face Value
- 1.00
- Total Debt
- 122
- Net Working Capital
- 156
- Contingent Liabilities
- 2
- Book Value per Share
- 32.86
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 25
- 923
- 65
- Trade Payables
- 51
- 177
- Total Liabilities
- 1,240
- 602
- Capital Work in Progress
- 70
- 41
- 75
- 0
- Cash & Bank
- 96
- 358
- Total Assets
- 1,240
- Total Debt
- 112
- Net Working Capital
- 207
- Contingent Liabilities
- 2
- Book Value per Share
- 37.98
- Face Value
- 1.00
- Total Debt
- 112
- Net Working Capital
- 207
- Contingent Liabilities
- 2
- Book Value per Share
- 37.98
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 25
- 1,197
- 65
- Trade Payables
- 50
- 166
- Total Liabilities
- 1,503
- 748
- Capital Work in Progress
- 12
- 60
- 71
- 110
- Cash & Bank
- 175
- 326
- Total Assets
- 1,503
- Total Debt
- 91
- Net Working Capital
- 300
- Contingent Liabilities
- 2
- Book Value per Share
- 48.79
- Face Value
- 1.00
- Total Debt
- 91
- Net Working Capital
- 300
- Contingent Liabilities
- 2
- Book Value per Share
- 48.79
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 25
- 1,391
- 119
- Trade Payables
- 52
- 166
- Total Liabilities
- 1,753
- 751
- Capital Work in Progress
- 92
- 180
- 88
- 94
- Cash & Bank
- 190
- 359
- Total Assets
- 1,753
- Total Debt
- 135
- Net Working Capital
- 398
- Contingent Liabilities
- 8
- Book Value per Share
- 56.50
- Face Value
- 1.00
- Total Debt
- 135
- Net Working Capital
- 398
- Contingent Liabilities
- 8
- Book Value per Share
- 56.50
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 25
- 1,644
- 188
- Trade Payables
- 46
- 146
- Total Liabilities
- 2,050
- 724
- Capital Work in Progress
- 147
- 238
- 95
- 105
- Cash & Bank
- 248
- 493
- Total Assets
- 2,050
- Total Debt
- 188
- Net Working Capital
- 457
- Contingent Liabilities
- 8
- Book Value per Share
- 66.58
- Face Value
- 1.00
- Total Debt
- 188
- Net Working Capital
- 457
- Contingent Liabilities
- 8
- Book Value per Share
- 66.58
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 38 | 78 | 64 | 51 | 121 | 60 | 177 | 243 | 214 | 294 | |
| Cash from Investing | -72 | -63 | -67 | -54 | -129 | -220 | -131 | -207 | -192 | -311 |
| Cash from Financing | 32 | -10 | 58 | -26 | 2 | 157 | -2 | -45 | -8 | 8 |
| -3 | 5 | 55 | -29 | -6 | -4 | 43 | -10 | 14 | -9 | |
| Free Cash Flow | -26 | 16 | -7 | 20 | 58 | -65 | -3 | 101 | 71 | 223 |
| OCF / Net Profit | 0.86 | 1.48 | 1.25 | 0.92 | 1.35 | 0.75 | 1.28 | 0.90 | 1.02 | 1.09 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 61 | 22 | 3 | 111 | 162 | 327 |
| OCF / Net Profit | 0.86 | 1.48 | 1.25 | 0.92 | 1.35 | 0.75 | 1.28 | 0.90 | 1.02 | 1.09 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 61 | 22 | 3 | 111 | 162 | 327 |
Mar 2017
- 38
- Cash from Investing
- -72
- Cash from Financing
- 32
- -3
- Free Cash Flow
- -26
- OCF / Net Profit
- 0.86
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.86
- Cumulative 5-Year FCF
- 0
Mar 2018
- 78
- Cash from Investing
- -63
- Cash from Financing
- -10
- 5
- Free Cash Flow
- 16
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 0
Mar 2019
- 64
- Cash from Investing
- -67
- Cash from Financing
- 58
- 55
- Free Cash Flow
- -7
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 0
Mar 2020
- 51
- Cash from Investing
- -54
- Cash from Financing
- -26
- -29
- Free Cash Flow
- 20
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 0
Mar 2021
- 121
- Cash from Investing
- -129
- Cash from Financing
- 2
- -6
- Free Cash Flow
- 58
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 61
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 61
Mar 2022
- 60
- Cash from Investing
- -220
- Cash from Financing
- 157
- -4
- Free Cash Flow
- -65
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- 22
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- 22
Mar 2023
- 177
- Cash from Investing
- -131
- Cash from Financing
- -2
- 43
- Free Cash Flow
- -3
- OCF / Net Profit
- 1.28
- Cumulative 5-Year FCF
- 3
- OCF / Net Profit
- 1.28
- Cumulative 5-Year FCF
- 3
Mar 2024
- 243
- Cash from Investing
- -207
- Cash from Financing
- -45
- -10
- Free Cash Flow
- 101
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- 111
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- 111
Mar 2025
- 214
- Cash from Investing
- -192
- Cash from Financing
- -8
- 14
- Free Cash Flow
- 71
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 162
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 162
Mar 2026
- 294
- Cash from Investing
- -311
- Cash from Financing
- 8
- -9
- Free Cash Flow
- 223
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 327
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 327
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 18.76 | 22.63 | 20.98 | 22.82 | 36.91 | 3.20 | 5.55 | 10.77 | 8.37 | 10.73 |
| Book Value (₹) | 111.22 | 131.62 | 193.25 | 217.28 | 248.54 | 32.86 | 37.98 | 48.79 | 56.50 | 66.58 |
| Dividend per Share (₹) | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 0.30 | 0.75 | 1.00 | 1.00 | 1.25 |
| Cash EPS (₹) | 2.39 | 2.99 | 3.02 | 3.69 | 5.05 | 4.67 | 7.35 | 13.03 | 11.18 | 13.63 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 13.08% | 13.38% | 11.26% | 9.51% | 11.93% | 9.16% | 11.78% | 16.84% | 12.96% | 14.31% |
| Net Margin % | 7.19% | 6.74% | 5.61% | 5.16% | 6.86% | 4.81% | 6.96% | 11.51% | 8.08% | 9.28% |
| ROE % | 17.85% | 18.63% | 13.13% | 11.12% | 15.85% | 11.23% | 15.66% | 24.87% | 15.90% | 17.44% |
| ROCE % | 19.20% | 20.94% | 16.14% | 12.10% | 19.44% | 14.17% | 18.79% | 30.52% | 20.45% | 21.87% |
| 10.44% | 10.60% | 8.58% | 7.98% | 11.62% | 7.96% | 11.32% | 19.67% | 12.88% | 14.15% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 15 | 14 | 15 | 14 | 12 | 14 | 15 | 15 | 14 | 13 |
| Inventory Days | 15 | 13 | 14 | 13 | 13 | 14 | 13 | 11 | 11 | 12 |
| Payable Days | 21 | 16 | 18 | 13 | 12 | 15 | 14 | 14 | 12 | 11 |
| 9 | 11 | 11 | 14 | 13 | 13 | 14 | 12 | 13 | 13 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.45x | 0.46x | 0.15x | 0.10x | 0.14x | 0.15x | 0.12x | 0.07x | 0.10x | 0.11x |
| Interest Coverage (x) | 19.94x | 18.79x | 19.89x | 12.36x | 37.77x | 17.45x | 21.44x | 42.02x | 25.62x | 31.23x |
| 1.14x | 1.06x | 2.46x | 2.19x | 1.50x | 1.85x | 2.00x | 2.61x | 2.63x | 2.51x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 10.43% | 28.42% | 15.54% | 19.11% | 21.77% | 22.18% | 21.62% | 18.02% | 10.72% | 10.88% |
| Operating Profit Growth % | 22.19% | 31.68% | -2.41% | -0.16% | 52.77% | -2.44% | 54.00% | 79.50% | -13.41% | 25.29% |
| Net Profit Growth % | 6.10% | 20.59% | -3.41% | 8.77% | 61.75% | -10.90% | 73.12% | 94.84% | -22.27% | 28.33% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 94.16% | -22.33% | 28.26% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 45.51x | 79.02x | 57.95x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.05x | 11.70x | 9.34x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% | 0.15% | 0.20% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 28.97x | 45.32x | 34.03x |
Mar 2017
- EPS (₹)
- 18.76
- Book Value (₹)
- 111.22
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 2.39
- Operating Margin %
- 13.08%
- Net Margin %
- 7.19%
- ROE %
- 17.85%
- ROCE %
- 19.20%
- 10.44%
- Debtor Days
- 15
- Inventory Days
- 15
- Payable Days
- 21
- 9
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 19.94x
- 1.14x
- Revenue Growth %
- 10.43%
- Operating Profit Growth %
- 22.19%
- Net Profit Growth %
- 6.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 22.63
- Book Value (₹)
- 131.62
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 2.99
- Operating Margin %
- 13.38%
- Net Margin %
- 6.74%
- ROE %
- 18.63%
- ROCE %
- 20.94%
- 10.60%
- Debtor Days
- 14
- Inventory Days
- 13
- Payable Days
- 16
- 11
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 18.79x
- 1.06x
- Revenue Growth %
- 28.42%
- Operating Profit Growth %
- 31.68%
- Net Profit Growth %
- 20.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 20.98
- Book Value (₹)
- 193.25
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 3.02
- Operating Margin %
- 11.26%
- Net Margin %
- 5.61%
- ROE %
- 13.13%
- ROCE %
- 16.14%
- 8.58%
- Debtor Days
- 15
- Inventory Days
- 14
- Payable Days
- 18
- 11
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 19.89x
- 2.46x
- Revenue Growth %
- 15.54%
- Operating Profit Growth %
- -2.41%
- Net Profit Growth %
- -3.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 22.82
- Book Value (₹)
- 217.28
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 3.69
- Operating Margin %
- 9.51%
- Net Margin %
- 5.16%
- ROE %
- 11.12%
- ROCE %
- 12.10%
- 7.98%
- Debtor Days
- 14
- Inventory Days
- 13
- Payable Days
- 13
- 14
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 12.36x
- 2.19x
- Revenue Growth %
- 19.11%
- Operating Profit Growth %
- -0.16%
- Net Profit Growth %
- 8.77%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 36.91
- Book Value (₹)
- 248.54
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 5.05
- Operating Margin %
- 11.93%
- Net Margin %
- 6.86%
- ROE %
- 15.85%
- ROCE %
- 19.44%
- 11.62%
- Debtor Days
- 12
- Inventory Days
- 13
- Payable Days
- 12
- 13
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 37.77x
- 1.50x
- Revenue Growth %
- 21.77%
- Operating Profit Growth %
- 52.77%
- Net Profit Growth %
- 61.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 3.20
- Book Value (₹)
- 32.86
- Dividend per Share (₹)
- 0.30
- Cash EPS (₹)
- 4.67
- Operating Margin %
- 9.16%
- Net Margin %
- 4.81%
- ROE %
- 11.23%
- ROCE %
- 14.17%
- 7.96%
- Debtor Days
- 14
- Inventory Days
- 14
- Payable Days
- 15
- 13
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 17.45x
- 1.85x
- Revenue Growth %
- 22.18%
- Operating Profit Growth %
- -2.44%
- Net Profit Growth %
- -10.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 5.55
- Book Value (₹)
- 37.98
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 7.35
- Operating Margin %
- 11.78%
- Net Margin %
- 6.96%
- ROE %
- 15.66%
- ROCE %
- 18.79%
- 11.32%
- Debtor Days
- 15
- Inventory Days
- 13
- Payable Days
- 14
- 14
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 21.44x
- 2.00x
- Revenue Growth %
- 21.62%
- Operating Profit Growth %
- 54.00%
- Net Profit Growth %
- 73.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 10.77
- Book Value (₹)
- 48.79
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 13.03
- Operating Margin %
- 16.84%
- Net Margin %
- 11.51%
- ROE %
- 24.87%
- ROCE %
- 30.52%
- 19.67%
- Debtor Days
- 15
- Inventory Days
- 11
- Payable Days
- 14
- 12
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 42.02x
- 2.61x
- Revenue Growth %
- 18.02%
- Operating Profit Growth %
- 79.50%
- Net Profit Growth %
- 94.84%
- 94.16%
- P/E (x)
- 45.51x
- P/B (x)
- 10.05x
- Dividend Yield %
- 0.20%
- 28.97x
Mar 2025
- EPS (₹)
- 8.37
- Book Value (₹)
- 56.50
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 11.18
- Operating Margin %
- 12.96%
- Net Margin %
- 8.08%
- ROE %
- 15.90%
- ROCE %
- 20.45%
- 12.88%
- Debtor Days
- 14
- Inventory Days
- 11
- Payable Days
- 12
- 13
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 25.62x
- 2.63x
- Revenue Growth %
- 10.72%
- Operating Profit Growth %
- -13.41%
- Net Profit Growth %
- -22.27%
- -22.33%
- P/E (x)
- 79.02x
- P/B (x)
- 11.70x
- Dividend Yield %
- 0.15%
- 45.32x
Mar 2026
- EPS (₹)
- 10.73
- Book Value (₹)
- 66.58
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 13.63
- Operating Margin %
- 14.31%
- Net Margin %
- 9.28%
- ROE %
- 17.44%
- ROCE %
- 21.87%
- 14.15%
- Debtor Days
- 13
- Inventory Days
- 12
- Payable Days
- 11
- 13
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 31.23x
- 2.51x
- Revenue Growth %
- 10.88%
- Operating Profit Growth %
- 25.29%
- Net Profit Growth %
- 28.33%
- 28.26%
- P/E (x)
- 57.95x
- P/B (x)
- 9.34x
- Dividend Yield %
- 0.20%
- 34.03x
Documents
Announcements
- Appointment
2026-08-20 - Bikaji Foods International Limited has informed the Exchange regarding Re-Appointment of Mr Nikhil Kishorchandra Vora as Non- Executive Independent Director of the company w.e.f. December 08, 2026 at 31st Annual General Meeting.
- Appointment
2026-08-20 - Bikaji Foods International Limited has informed the Exchange regarding Re-Appointment of Mr Pulkit Anilkumar Bachhawat as Non- Executive Independent Director of the company w.e.f. December 08, 2026 at 31st Annual General Meeting.
Annual Reports
Nothing filed yet.
Credit Ratings
- Credit Rating
2025-08-25 - Bikaji Foods International Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Feb 2026