Bikaji Foods International Ltd

Bikaji Foods International Limited sold a 30% equity stake in its wholly-owned subsidiary, Bikaji Bakes Private Limited, to Mr. Thayekunni Khaleel for Rs 30,000, completing the sale on August 26, 2026. Bikaji Foods International Limited will continue to hold the remaining 70% stake in Bikaji Bakes Private Limited, which reported revenue of Rs 319.83 thousand and a net worth of Rs (6,128.46) thousand for the financial year ended March 31, 2026, and is considered a non-material subsidiary; the transaction was conducted at arm’s length and falls under the purview of the Companies Act, 2013 and Listing Regulations, with Deepak Agarwal and Shweta Agarwal, promoters of Bikaji Foods International Limited, also serving as directors of Bikaji Bakes Private Limited.

Bikaji Foods International Limited has re-appointed several directors to its board for second terms spanning five years, fulfilling regulatory requirements. Deepak Kumar, the Chairman, Rajeev Sharma, the Managing Director, and Anil Kumar Bachhawat, a Whole Time Director, will continue their tenures effective December 8, 2026. Additionally, Vinay Kumar Modi, Amit Kumar Modi, Shiv Kumar Modi, Deepak Kumar Sharma, Rajesh Kumar Modi, Sanjay Kumar Modi, Pawan Kumar Modi, and Rajeev Kumar Modi were also re-appointed for five-year terms, also effective December 8, 2026. Independent directors Pulkit Anilkumar Bachhawat, with experience in finance and investment, and Siraj Azmat Chaudhry, with expertise in agriculture and food processing, were re-appointed effective August 24, 2026, while Richa Manoj Goyal, a corporate and intellectual property lawyer, will continue her role effective December 8, 2026.

Bikaji Foods International Limited announced a 12.5% year-on-year increase in revenue to Rs 7,343 million for the quarter ended June 30, 2026, according to a press release, with volume growth at 7.7% and profit after tax at Rs 595 million. The company, led by Chairman and Managing Director Deepak Agarwal, attributed the growth to sustained demand across core categories, distribution expansion, and a strong performance in its Ethnic Snacks and Western Snacks segments, despite elevated input costs.

Bikaji Foods International Ltd share price gained 0.36% to Rs 650.0 after the company's net profit saw a marginal increase of 6.12% to Rs 59.47 crore, while revenue from operations slightly gained 1.89% to Rs 720.33 crore in Q2FY26 over Q1FY26. The market capitalization of Packaged Foods industry group stocks on BSE stood at Rs 4.93 lakh crore, declining 4.80%. It has inched up 0.23% over last one week and ticked higher by 0.07% in last one month while the market capitalization of Bikaji Foods International Ltd has improved by 1.32% and 3.59% in the same period respectively. Profit before tax (PBT) of Bikaji Foods International Ltd stood at Rs 80.75 crore in Q2 FY26, gaining 2.77% year-on-year, and easing 4.46% quarter-on-quarter. EBITDA came in at Rs 86 crore, slipping 0.46% YoY and jumping 22.69% sequentially. Total expenses posted a minor rise of 0.61% to Rs 661.49 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 481.56 crore, posting a minor increase of 8.27% YoY, while employee benefits expense was at Rs 53.56 crore, registering a growth of 9.06% YoY. For the TTM ended FY26, revenue from operations advanced 15.16% to Rs 2934.74 crore, while net profit saw a strong growth of 30.98% to Rs 254.41 crore, compared to previous TTM. EBITDA jumped by 30864% to Rs 359.18 crore, and PBT soared 30.36% to Rs 344.76 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 304.1 crore in FY26, as against Rs 192.76 crore in FY25. Bikaji Foods International Ltd crashed 13.21% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.20% during the same period.

Bikaji Foods International Limited is expanding its global footprint with a joint venture in Nepal and a wholly-owned subsidiary in the UAE. The company plans to invest up to Rs 15,00,00,000 in a 50/50 joint venture, named BIKAJI FOODS INTERNATIONAL UAE LIMITED, to manufacture and market its snack products in Nepal, with completion expected within 10 months. Separately, Bikaji is establishing BIKAJI FOODS INTERNATIONAL UAE LIMITED in the UAE with an investment of up to AED 1,00,00,000 to optimize its international supply chain for the Middle East region. Additionally, the company has granted 1,00,000 stock options to employees with an exercise price of Rs 500 per option, vesting over three years, as part of the Bikaji Employees Stock Option Scheme 2021.

Bikaji Foods International Limited is expanding its international presence with a joint venture in Nepal and the incorporation of a wholly-owned subsidiary in the United Arab Emirates. The joint venture, named BIKAJI FOODS INTERNATIONAL UAE LIMITED, will partner with C.G. Savory Corp Private Limited and involve an investment of up to Rs 15,00,00,000 (AED 1,00,00,000), with Bikaji holding 50% ownership, and is expected to complete within 10 months. Separately, the UAE subsidiary, also named BIKAJI FOODS INTERNATIONAL UAE LIMITED pending approval, will receive up to AED 1,00,00,000 in investment and be 100% owned by Bikaji. Additionally, the company has granted 1,00,000 stock options to employees at a price of Rs 500 per option, under the Bikaji Employees Stock Option Scheme 2021, with a vesting schedule over three years. Both the joint venture and subsidiary incorporation are subject to regulatory approvals.

Bikaji Foods International Limited is expanding its global footprint with a joint venture in Nepal and the incorporation of a subsidiary in the United Arab Emirates. The company plans to invest up to Rs 15,00,00,000 for a 50% stake in the Nepal-based venture, aimed at entering the Nepalese market, and up to AED 1,00,00,000 to establish Bikaji Foods International UAE Limited in the Khalifa Economic Zone Abu Dhabi, optimizing Middle East supply chain operations. Simultaneously, Bikaji has granted 100,000 stock options to employees with an exercise price of Rs 500 per option, vesting over three years. These actions, including the related party transactions in Nepal and the UAE, are being conducted in compliance with regulatory guidelines and represent a broader growth strategy for the company.

Bikaji Foods International Limited is expanding its global footprint with a joint venture in Nepal, BIKAJI FOODS INTERNATIONAL PVT. LTD., slated for completion within 10 months and involving an investment of up to Rs 15,00,00,000 for 50% ownership. The company is also establishing a wholly-owned subsidiary, BIKAJI FOODS INTERNATIONAL UAE LIMITED, in the United Arab Emirates with an investment of up to AED 1,00,00,000 to optimize international supply chain operations. Additionally, Bikaji Foods International has granted 1,00,000 stock options to eligible employees under the Bikaji Employees Stock Option Scheme 2021, with an exercise price of Rs 500 per option, and several of these actions are contingent on regulatory approvals.

Bikaji Foods International will hold a meeting of the Board of Directors of the Company on 5 August 2026.

Bikaji Foods International has made an additional subscription of 2,90,000 shares of Common Stock of $ 10 each, amounting to $ 29,00,000 in its Wholly-Owned Subsidiary, Bikaji Foods International USA Corp ('Bikaji USA') on 04 July 2026. There is no change in the shareholding percentage of the Company in the Bikaji USA, pursuant to the additional subscription.