NSEPress Release17h ago · 5 Nov 2026, 04:07 pm
Press Release
Bikaji Foods International Limited · BIKAJI
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Bikaji Foods International Limited has announced its Financial Results for H1 FY27 & Q2 FY27, reporting a robust operational and financial performance driven by sustained momentum across core categories, distribution expansion, premium portfolio growth, and continued traction across emerging channels.
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Bikaji Foods International Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Financial Results for H1 FY27 & Q2 FY27".
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BIKAJI FOODS INTERNATIONAL LIMITED
F 196-199, F 178 & E 188, Bichhwal Industrial Area, Bikaner, Rajasthan, India – 334006
T: +91-151-2250350 | E: cs@bikaji.com | W: www.bikaji.com
CIN: L15499RJ1995PLC010856 | GST No.: 08AAICS1030P1Z5
Date: November 05, 2026
Ref: BFIL/SEC/2026-27/70
Dept of Corporate Services The Listing Department
BSE Limited National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Fort, Bandra Kurla Complex, Bandra (East),
Mumbai 400 001 (Maharashtra) Mumbai 400 051 (Maharashtra)
Scrip Code: 543653 Trading Symbol: BIKAJI
Subject: Disclosure pursuant to the requirements of Regulations 30 of the Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)
Dear Sir/ Madam,
We hereby inform you that in compliance with the requirements of Regulation 30 of the Listing Regulations, as
amended, from time to time, enclosing herewith a copy of Press Release issued by the Company, in connection
with the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year
ended on September 30, 2026, the content of which is self-explanatory.
In compliance with Regulation 46 of the Listing Regulations, the above disclosure will also be hosted on the
website of the Company and same can be accessed at www.bikaji.com.
You are kindly requested to take the same on record.
Thanking you
Yours faithfully,
For Bikaji Foods International Limited
Rahul Joshi
Head – Legal and Company Secretary
Membership No.: ACS 33135
Enclosure: As Above
Corporate Office: E - 558 - 561, C - 569 - 572, E - 573 - 577, F - 585 - 592, Karni Extension, RIICO Industrial Area, Bikaner, Rajasthan - India – 334004 | T : +91-151-2250350
BIKAJI FOODS INTERNATIONAL LIMITED
F 196-199, F 178 & E 188, Bichhwal Industrial Area, Bikaner, Rajasthan, India – 334006
T: +91-151-2250350 | E: cs@bikaji.com | W: www.bikaji.com
CIN: L15499RJ1995PLC010856 | GST No.: 08AAICS1030P1Z5
Press Release – Financial Results for H1 FY27 & Q2 FY27
Bikaji Foods International Delivers Strong Q2 FY27 Performance with Revenue growth of 13.0% to
INR 9,385 Mn and EBITDA Margins at 12.6%
Q2FY27: Sales of food products grew by 13.0%YoY, driven by sustained demand across Snacks business, continued
expansion across markets and improving traction across channels; Gross margin stood at 34.4 %; EBITDA margin at
12.6 %
➢ Core markets: Core markets registered robust growth of 17.5% YoY.
➢ Expanding Distribution reach: Direct coverage increased by approximately 19.2k outlets, taking the total
reach to 3.9 lakh outlets
➢ Sustained Business Momentum: Growth was supported by continued consumer demand, deeper market
penetration and improving channel traction
Bikaner, November 5, 2026: Bikaji Foods International, India’s leading ethnic snacks and packaged foods
company, today announced its Financial Results of the company for the quarter and half year ended on
September 30, 2026, reporting a robust operational and financial performance driven by sustained
momentum across core categories, distribution expansion, premium portfolio growth and continued
traction across emerging channels.
Financial Overview
H1 - FY27 Financial Performance Summary:
• Revenue from operations grew by 12.8% YoY to INR 16,728 mn, supported by healthy
volume growth and deeper market penetration
• Volume growth stood at 6.2% YoY
• EBITDA stood at INR 2,177 mn with EBITDA margin of 13.0%
• Profit After Tax (PAT) stood at INR 1,284 mn
• Earnings per share (EPS) stood at INR 5.22
H1 - FY27 Business Segments Review:
• Ethnic Snacks: Ethnic Snacks revenue increased by 15.6% YoY, continuing to outperform overall
business growth and reinforcing the category's importance as a key growth driver
• Packaged Sweets: Revenue witnessed an 8.1% YoY decline, largely attributable to the change in
the timing of the Diwali festive season.
• Western Snacks: Revenue grew by 32.7 % YoY
• Papad: Revenue de-grew by 6.4 % YoY because of supply chain issues in hand made papad
Corporate Office: E - 558 - 561, C - 569 - 572, E - 573 - 577, F - 585 - 592, Karni Extension, RIICO Industrial Area, Bikaner, Rajasthan - India – 334004 | T: +91-151-2250350
BIKAJI FOODS INTERNATIONAL LIMITED
F 196-199, F 178 & E 188, Bichhwal Industrial Area, Bikaner, Rajasthan, India – 334006
T: +91-151-2250350 | E: cs@bikaji.com | W: www.bikaji.com
CIN: L15499RJ1995PLC010856 | GST No.: 08AAICS1030P1Z5
Q2 - FY27 Financial Performance Summary:
• Revenue from operations increased by 13.0% YoY to INR 9,385 mn
• EBITDA stood at INR 1,187 mn with EBITDA margin of 12.6 %
• Profit After Tax (PAT) stood at INR 690 mn
• Earnings per share (EPS) stood at INR 2.82
• Volume growth stood at 5% YoY
Q2 - FY27 Business Segments Review:
• Ethnic Snacks: Ethnic Snacks revenue increased by 19.7% YoY, continuing to outperform overall
business growth and reinforcing the category's importance as a key growth driver
• Packaged Sweets: Revenue witnessed an 11.3% YoY decline, largely attributable to the change
in the timing of the Diwali festive season.
• Western Snacks: Revenue grew by 44.2% YoY
• Papad: Revenue de-grew by 6.3% YoY because of supply chain issues in hand made papad
Deepak Agarwal
Chairman &Managing
Director,
Bikaji Foods International Limited.
“We are pleased to have sustained our growth momentum in Q2 and H1 FY27, delivering a strong
performance across our core snacking categories. Our Ethnic Snacks and Western Snacks businesses
witnessed healthy volume and value growth, reflecting the continued strength of the Bikaji brand,
evolving consumer preferences and our focused efforts towards deeper market penetration. The
encouraging traction across these categories reinforces our confidence in the underlying demand for our
products and the long-term growth potential of the organised Indian snacking industry.
The Packaged Sweets category is poised to benefit from the festive demand associated with Diwali,
which falls in the subsequent quarter this year due to the shift in the festive calendar. We remain
confident in the category's growth potential and expect the seasonal demand to reflect in the coming
quarter. Our performance reflects the strength of our distribution network, continued investments in
brand building, expansion across alternate channels and our focus on product innovation and
premiumisation. We continue to strengthen our operational capabilities and enhance manufacturing
Corporate Office: E - 558 - 561, C - 569 - 572, E - 573 - 577, F - 585 - 592, Karni Extension, RIICO Industrial Area, Bikaner, Rajasthan - India – 334004 | T: +91-151-2250350
BIKAJI FOODS INTERNATIONAL LIMITED
F 196-199, F 178 & E 188, Bichhwal Industrial Area, Bikaner, Rajasthan, India – 334006
T: +91-151-2250350 | E: cs@bikaji.com | W: www.bikaji.com
CIN: L15499RJ1995PLC010856 | GST No.: 08AAICS1030P1Z5
efficiencies to support our next phase of growth.
As we move into the second half of the financial year, we remain optimistic about the demand
environment and confident in our ability to sustain healthy growth momentum. With a strong brand
portfolio, expanding distribution reach and continued focus on execution, we are well positioned to
capitalise on emerging opportunities and further strengthen Bikaji's position in India's organised
snacking and packaged foods industry”.
About Bikaji Foods International Ltd. (https://www.bikaji.com/)
Bikaji Foods International is the third largest ethnic snacks company in India with an international
footprint, selling Indian snacks and sweets and is the second fastest growing company in the
Indian organised snacks market. (Source: F&S Report). Late Shri Shiv Ratan Agarwal launched the
Bikaji brand in the year 1993 with an in-depth understanding of Indian tastes and preferences. The
company as of March 31, 2026, has operations in 27 states and 7 union territories in India. The
company also exports its products to 47 international countries, includi
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