BIKAJI · Fast Moving Consumer Goods
Bikaji Foods International Ltd. reported revenue of ₹565 cr for April to June 2024, +18.2% on the year and −6.8% on the quarter.
Operating profit (EBITDA) was ₹93.0 cr, a margin of 16.5%, +265 bps on the year and −1,011 bps on the quarter. Operating costs grew +14.6% against revenue growth of +18.2%, so more of each rupee of sales reached operating profit.
Net profit was ₹60.0 cr, +39.5% on the year and −48.3% on the quarter, with earnings per share of ₹2.38. Profit before other income, one-offs and tax grew 40.4%, so the profit growth came from the business itself. The tax rate of 26% is in line with its recent average.
On earnings per share of ₹11.43 over the last four quarters, the stock at ₹475.05 trades at 41.6 times trailing earnings.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹598 cr | ₹613 cr | ₹606 cr | ₹565 cr | ₹713 cr | ₹676 cr | ₹585 cr | ₹624 cr | ₹796 cr | ₹731 cr | ₹667 cr | ₹678 cr |
| YoY | — | — | — | +18% | +19% | +10% | −3% | +10% | +12% | +8% | +14% | +9% |
| EBITDA margin | 14.9% | 12.4% | 26.6% | 16.5% | 15.3% | 8.3% | 13.5% | 15.9% | 16.3% | 13.0% | 13.6% | 14.6% |
| Other income, % of PBT | 8% | 9% | 7% | 9% | 8% | 17% | 11% | 9% | 0% | 12% | 17% | 13% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 22% | 24% | 25% | 26% | 26% | 26% | 25% | 26% | 29% | 23% | 24% | 26% |
| Net profit | ₹61.0 cr | ₹49.0 cr | ₹116 cr | ₹60.0 cr | ₹72.0 cr | ₹31.0 cr | ₹48.0 cr | ₹63.0 cr | ₹78.0 cr | ₹65.0 cr | ₹64.0 cr | ₹65.0 cr |
| YoY | — | — | — | +40% | +18% | −37% | −59% | +5% | +8% | +110% | +33% | +3% |
| Core profit YoY | — | — | — | +40% | +24% | −41% | −60% | +5% | +22% | +111% | +21% | −1% |
| EPS | ₹2.45 | ₹1.96 | ₹4.64 | ₹2.38 | ₹2.88 | ₹1.23 | ₹1.93 | ₹2.52 | ₹3.10 | ₹2.58 | ₹2.54 | ₹2.58 |
| Flags | · | · | · | ✓ | ✓ | 1 | 1 | ✓ | ✓ | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Bikaji Foods International Ltd. reported revenue of ₹565 cr (+18.2% on the year) and net profit of ₹60.0 cr (+39.5% on the year) for April to June 2024.
Profit before other income, exceptional items and tax moved +40.4% on the year, against +39.5% for reported profit.
None of the 7 checks that could run raised a question.
No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.
Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.