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Bikaji Foods International Ltd share Price Today

Company details

708.15
739.40
403.30
739.40
6M Return 36.20%
1Y Return 74.39%
Mkt Cap.(Cr) 18,166.47
Volume 841,124
Div Yield 0.14%
OI
-
OI Chg %
-
Volume 841,124

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Packaged Foods company Bikaji Foods International announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue from operations grew 12.8% YoY to Rs 5,208 million with Volume growth of 14.3 % YoY (excluding PLI)
  • EBITDA grew 10% YoY to Rs 682 million with a margin of 13.1% (excluding PLI)
  • Profit After Tax (PAT) grew YoY to Rs 466.5 million (excluding PLI)
  • Earnings per share (EPS) (Basic) stood at Rs 4.64
  • Ethnic Snacks: Revenue grew by 10.8% YoY; constitutes 73.5% of overall revenue
  • Packaged Sweets: Revenue grew by 12.7% YoY; constitutes 8.2% of overall revenue
  • Western Snacks: Revenue grew by 14.6% YoY; constitutes 8.6% of overall revenue
  • Papad: Revenue grew by 23.4% YoY; constitutes 8.6% of overall revenue

FY24 Financial Highlights:

  • Revenue from operation grew 13.8% YoY to Rs 22,344 million with Volume growth of 15.3% YoY (excluding PLI)
  • EBITDA grew YoY to Rs 2,983 million with a margin of 13.3% (excluding PLI)
  • Profit After Tax (PAT) grew YoY to Rs 1,938 million (excluding PLI)
  • Earnings per share (EPS) (Basic) stood at Rs 10.63
  • Ethnic Snacks: Revenue grew by 13.5% YoY; constitutes 69.5% of overall revenue
  • Packaged Sweets: Revenue grew by 14.3% YoY; constitutes 13.4% of overall revenue
  • Western Snacks: Revenue grew by 13.3% YoY; constitutes 8.2% of overall revenue
  • Papad: Revenue grew by 10.2% YoY; constitutes 6.1% of overall revenue

Deepak Agarwal Managing Director, Bikaji Foods International, said, “We are delighted to inform all our stakeholders that our company has demonstrated strong performance across all the categories. This financial year, we have delivered a remarkable volume growth of 15.3%. On the bottom-line front, our EBITDA margin for the year stands at 16.8% which is led by reduction in commodity prices, superior mix, operating leverage and effective cost management.

We remain committed on strengthening our distribution network to achieve a deeper distribution across our core and focus markets."

Result PDF

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Bikaji Foods International Ltd shares SWOT Analysis

Strengths (18)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Strong Annual EPS Growth

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (3)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 740.6
R2 755.6
R3 771.8
Pivot

724.37

S1 709.3
S2 693.1
S3 678.1
EMA SMA
628.5
579.1
554.7
524.7
607.4
560.4
545.7
531.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-04-23 514.05 246568 NSE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Block Sell 2024-04-23 514.05 246568 NSE
PLUTUS WEALTH MANAGEMENT LLP Bulk Purchase 2023-09-05 480.11 1350000 BSE
Name Category Shares
Shiv Ratan Agarwal PROMOTER 34.24%
Shiv Ratan Agarwal Huf PROMOTER 24.44%
Deepak Agarwal PROMOTER 14.94%
Sushila Agarwal PROMOTER 1.45%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Bikaji Foods International Ltd Stocks COMPARISON

Financials( in Cr) Bikaji Foods International Ltd Hindustan Unilever Ltd Nestle India Ltd Varun Beverages Ltd Godrej Consumer Products Ltd
Price 725.55 2,479.75 2,542.50 1,639.25 1,392.95
% Change 1.51 -0.31 -0.36 3.85 -1.16
Mcap Cr 18,166.47 582,639.83 245,136.92 213,004.80 142,473.71
Revenue TTM Cr 1,966.07 61,896.00 17,423.38 16,042.58 13,315.97
Net Profit TTM Cr 126.60 10,282.00 2,390.52 2,101.81 1,702.46
PE TTM 68.35 56.71 76.90 98.38 74.33
1 Year Return 74.39 -7.33 13.04 103.00 31.98
ROCE 17.26 25.00 59.47 27.83 16.35
ROE 14.27 20.26 108.52 34.92 13.43
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 953.64 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,317.57 -2,589.17
LAST 3M 111,725.82 -36,230.77
LAST 6M 182,653.52 -16,910.03
LAST 12M 290,144.87 98,834.05

Bikaji Foods International Ltd Information

Stock PE (TTM)
68.35
Promoter Holding
75.1%
Book Value
48.6599
ROCE
17.26%
ROE
14.27%
Description
  • Bikaji Foods International Limited was originally incorporated as a Public Limited Company under the name "Shivdeep Industries Limited" under the Companies Act, 1956, dated October 6, 1995 at Jaipur and received a Certificate of Commencement of Business from the RoC on October 27, 1995, following its conversion from erstwhile Partnership Firm, "Shivdeep Food Products" to "Shivdeep Industries Limited". Subsequently, name of the Company was changed from "Shivdeep Industries Limited" to "Bikaji Foods International Limited" pursuant to the Shareholders` Resolution dated September 8, 2011 and a fresh Certificate of Incorporation dated October 5, 2011 was issued by the RoC. The Company is the third largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets, and are the second fastest growing company in the Indian organised snacks market. Its product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range and cookies. The Company is primarily involved in manufacturing, purchase and sale of snacks food. The Company was the largest manufacturer of Bikaneri bhujia with annual production of 29,380 tonnes, and was second largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes in Fiscal 2022. It is also the third largest player in the organised sweets market with annual capacity of 24,000 tonnes for packaged rasgulla, 23,040 tonnes for soan papdi and 12,000 tonnes for gulab jamun. As of June 30, 2022, the Company had six depots, 38 superstockists, 416 direct and 1,956 indirect distributors that work with their superstockists, located across 23 states and 4 union territories in India. Further, it also started supplying products for sale in Indian army canteens from August 2022. Presently, it has seven operational manufacturing facilities with 4 facilities located in Bikaner (Rajasthan), one in Guwahati (Assam), one facility in Tumakuru (Tumkur) (Karnataka) held through of one of its subsidiary, Petunt Food Processors Private Limited to cater to southern markets in India and one facility in Muzaffarpur (Bihar) held through the other subsidiary, Vindhyawasini Sales Private Limited to cater to core market of Bihar, respectively. In addition, the Company has entered into an agreement with a contract manufacturing unit in Kolkata (West Bengal), that cater to certain parts of eastern India, and two contract manufacturing agreements with Group Company, Hanuman Agrofood at Bikaner and with another third-party contract manufacturer located at Kanpur, Uttar Pradesh. It also has one small facility in Mumbai to manage restaurant sales in Mumbai. Their manufacturing facilities are generally equipped with modern and automated production processes, with specialized custom-made manufacturing equipment obtained from national and international suppliers. In particular, the production process for bhujia, namkeen snacks and packaged tin-based sweets are automated. It also has started manufacturing papad through automation. However, most of papad products are handmade, and the Company indirectly work with rural women through independent contractors for production of papad. In 2006, the Company integrated business by forming amalgamation with four Group Companies, i.e., Bikaji Foods Private Limited, Shivdeep Food Products Private Limited, Bikaji Marketing Limited, and Dipu`s Foods Private Limited. In 2008, it commenced operations by opening of first restaurant, `Bikaji Food Junxon` in Mumbai. In 2016, it commissioned new facility at Karni Industrial Area, Bikaner. In 2019, it acquired a subsidiary, Petunt Food Processors Private Limited. In 2022, it acquired 100% stake of Vindhyawasini Sales Private Limited. The Company came out with a Public Issue during November, 2022 by raising Rs. 880.845 crores through Offer for Sale. 3 new plants were established in Muzaffarpur, Kanpur, and Bikaner in terms of expansion during the year 2023.

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 543653
NSE Code : BIKAJI
Book Closure Date (Month) : Jun
BSE Group : A
ISIN : INE00E101023

FAQ’s on Bikaji Foods International Ltd Shares

You can buy Bikaji Foods International Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bikaji Foods International Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:58 PM the closing price of Bikaji Foods International Ltd was Rs.725.55.

The latest PE ratio of Bikaji Foods International Ltd as of Jun 14, 2024 03:58 PM is 68.35

The latest PB ratio of Bikaji Foods International Ltd as of Jun 14, 2024 03:58 PM is 0.07

The 52-week high of Bikaji Foods International Ltd share price is Rs. 739.40 while the 52-week low is Rs. 403.30

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:58 PM, the market cap of Bikaji Foods International Ltd stood at Rs. 18,166.47.

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