Bikaji Foods International Limited — PPTs, 11-11-2025: Investor Presentation

Bikaji Foods delivered a strong Q2FY26, with revenue climbing 15.2% YoY to ₹830.3 Cr, driven by 10.8% underlying volume growth. Profit after tax rose 13.5% to ₹77.7 Cr. Ethnic Snacks remain core, but Packaged Sweets shined with 32.3% revenue growth. Exports surged 77.3%, and Other markets grew 34.8%.

The company continues its direct distribution focus, expanding to over 3.29 lakh direct outlets, reaching 12.53 lakh total. Its retail store network grew to 21, boosting revenue by 279.5%. Family packs were a key growth area, contributing 66.1% of revenue, up 18.8%. Recent initiatives include Paytm cashback and "Bhujia Ho To Bikaji" campaigns.

Key metrics: EBITDA jumped 20.1% to ₹128.2 Cr (15.4% margin), and gross margin expanded to 35.0% (+170 bps YoY). Management noted a temporary September dip due to distributor de-stocking for GST changes, which has now normalized, leading to a healthy uptick in sales momentum. Basic EPS was ₹3.18.