TickerSutra

NSE: BIKAJI · BSE: 543653 · ISIN INE00E101023

Bikaji Foods International Limited stock analysis

Bikaji Foods International Limited ranks #937 in the TickerSutra evidence-ranked universe with a score of 58/100 and 95% data confidence. The latest captured fundamentals show ROCE of 22.0%, quarterly sales growth of 8.7% and quarterly profit growth of 2.2%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE58/100

Monitor only

#937 of 5,430 ranked equities
Market capitalisation₹14,565.27cr
ROCE22.0%
Quarterly sales growth8.7%
Quarterly profit growth2.2%
P/E ratio52.5×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 22%
  • Low debt/equity of 0.13×
  • Institutional ownership is rising
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • Valuation is above 40× earnings

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹1,599cr₹142cr₹80cr9.0%
2023₹1,944cr₹212cr₹138cr11.0%
2024₹2,295cr₹395cr₹270cr17.0%
2025₹2,541cr₹337cr₹210cr13.0%
2026₹2,817cr₹415cr₹269cr15.0%
TTM₹2,872cr₹415cr₹270cr14.0%
Debt / equity0.13×
CFO / EBITDA0.71×
Operating margin14.0%
Free cash flow₹158cr
Sales CAGR · 3Y13.2%
Profit CAGR · 3Y24.9%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts1 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Export market updatesModerate severity · 3 mentions
Constructive

And , whatever happened in export I know it's a one -off, but going forward, can we expect, again 25%-30% kind of growth with momentum will continue in export market? Manoj Verma: See, exports would, see, the US is a very, very big share of business in our export market. With the freight charges, it is 3 times for what it was about 4 months back.

Margin guidanceModerate severity · 2 mentions
Constructive

Abhishek Mathur: Yes, hi, so thank you for the follow -up opportunity. Rishabh sir, just coming back to that margin guidance of 13.5% that you spoke about, so we have talked of maybe a 15% plus kind of a growth aspiration and we have talked of maintaining ad spends at about 2% of sales this year, but, we also saying that A&P will be higher in the coming few quarters. Also, I think a while back , on the media intervie

Pricing commentaryLow severity · 4 mentions
Constructive

Manoj Verma: So, Shirish, we have taken 2 price increase in last quarter, last 90 days if we look at, right? So , as to offset for what inflation or what price increase we could anticipate or has happened. Talking in terms of demand, pretty good demand.

Regulatory approvalLow severity · 4 mentions
Watch

3 The Board of Directors of the Company, at its meeting held on July 24, 2024, approved the merger of Vindhyawasini Sales Private Limited {"VSPL" or the "Transferor Company") with the Company pursuant to a composite scheme of amalgamation {"the Scheme"). The Scheme was subsequently approved by the Jaipur Bench of the Hon'ble National Company Law Tribunal ("NCLT")through its order dated June 06, 2025, with an appointe

MANAGEMENT PROMISE LEDGER

Quantified statements on the clock

MarginsTracking

“Abhishek Mathur: Yes, hi, so thank you for the follow -up opportunity. Rishabh sir, just coming back to that margin guidance of 13.5% that you spoke about, so we have talked of maybe a 15% plus kind of a growth aspiration and we have talked of maintaining ad spends at about 2% of sales this year, but, we also saying that A&P will be higher in the coming few quarters. Also, I think a while back , on the media intervie”

Open the full Promise Ledger

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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